(RTTNews) - Canadian Imperial Bank of Commerce (CM.TO) reported earnings for its fourth quarter that increased from last year
The company's earnings totaled C$1.874 billion, or C$1.90 per share. This compares with C$1.477 billion, or C$1.53 per share, in last year's fourth quarter.
Excluding items, Canadian Imperial Bank of Commerce reported adjusted earnings of C$1.889 billion or C$1.91 per share for the period.
The company's revenue for the quarter rose 13.2% to C$6.617 billion from C$5.847 billion last year.
Canadian Imperial Bank of Commerce earnings at a glance (GAAP) :
-Earnings (Q4): C$1.874 Bln. vs. C$1.477 Bln. last year. -EPS (Q4): C$1.90 vs. C$1.53 last year. -Revenue (Q4): C$6.617 Bln vs. C$5.847 Bln last year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
