Canadian Imperial Bank of Commerce CM reported a 6% rise in its second-quarter income.
CIBC's quarterly net income climbed to C$811 million, or C$1.90 per share, versus C$767 million, or C$1.80 per share, in the year-ago period. Excluding items, CIBS earned C$2.00 per share.
Its total revenue gained 2% to C$3.08 billion.
CIBC shares closed at $68.30 yesterday.
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