CIBC quarterly profit jumps on capital markets strength

Canadian Imperial Bank of Commerce

26/02/2026 10:27

Feb 26 (Reuters) - Canadian lender CIBC CM.TO reported a jump in first-quarter profit on Thursday, buoyed by robust performance in its capital markets business.

The bank's net income was C$3.10 billion ($2.27 billion), or C$3.21 per share, for the three months ended January 31, compared with C$2.17 billion, or C$2.19 per share, a year earlier.

 (Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Leroy Leo)

 ((ArasuKannagi.Basil@thomsonreuters.com;))