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Canadian Imperial Bank of Commerce Q4 adjusted earnings of C$3.00 per share


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(RTTNews.com) - Canadian Imperial Bank of Commerce (CM.TO) announced a profit for its fourth quarter that rose from the same period last year.

The company's earnings came in at C$1.27 billion, or C$2.80 per share. This compares with C$1.16 billion, or C$2.59 per share, in last year's fourth quarter.

Excluding items, Canadian Imperial Bank of Commerce reported adjusted earnings of C$1.36 billion or C$3.00 per share for the period.

Canadian Imperial Bank of Commerce earnings at a glance:

-Earnings (Q4): C$1.36 Bln. vs. C$1.26 Bln. last year. -EPS (Q4): C$3.00 vs. C$2.81 last year. -Revenue (Q4): C$4.45 Bln vs. C$4.27 Bln last year.

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This article appears in: World Markets , Stocks , Banking and Loans
Referenced Symbols: CM



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