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CORRECTED-Canada's CIBC reports earnings ahead of market expectations [Reuters]

CANADIAN IMP BANK of COMMERCE (CM)  More Company Research Source: Reuters
Last canadian imp bank of commerce earnings: 5/23 05:54 am Check Earnings Report
PDF Canada's CIBC reports earnings ahead of market expectations | Reuters Reuters Staff 1 Min Read TORONTO (Reuters) - Canadian Imperial Bank of Commerce ( CM.TO ) reported fourth-quarter earnings which were in line with market expectations, helped by strong growth in its Canadian commercial banking and wealth management business. Canada’s fifth-biggest lender said earnings per share, excluding one-off items, increased to C$2.81 from C$2.60 a year ago. Analysts had, on average, forecast earnings of C$2.59, Thomson Reuters I/B/E/S data showed. Earnings per share, including one-off items, rose to C$2.59, from C$2.32 a year ago. (This version of the story corrects result for earnings excluding one-off items to read “C$2.81” instead of “C$2.59” and corrects year-ago comparative figure to read “C$2.60” instead of “C$2.32”) Reporting by Matt Scuffham; editing by Jason Neely All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2017 Reuters. [Read more]

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