Market Overview

Canadian Imperial Bank: Q2 Earnings Insights


Shares of Canadian Imperial Bank (NYSE:CM) were flat in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 68.61% over the past year to $0.70, which may not compare to the estimate of $2.27.

Revenue of $3,415,000,000 decreased by 0.58% from the same period last year, which missed the estimate of $3,510,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Canadian Imperial Bank hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: May 28, 2020

Time: 08:00 AM

ET Webcast URL:

Price Action

Company's 52-week high was at $87.62

Company's 52-week low was at $46.45

Price action over last quarter: down 14.44%

Company Description

Canadian Imperial Bank of Commerce is Canada's fifth- largest bank, operating three business segments: retail and business banking, wealth management, and capital markets. It serves approximately 11 million personal banking and business customers, primarily in Canada.


Related Articles (CM)

View Comments and Join the Discussion!

Posted-In: Earnings News