CIBC FY26 Q3 reported net income rises 15% to $2.41 billion; revenue climbs 15% to $8.37 billion
Reuters2026/08/27 09:26- CIBC reported net income of CAD 2.41 billion, up 15% year over year; revenue rose 15% to CAD 8.37 billion.
- Diluted EPS climbed 15% to CAD 2.47; return on common shareholders’ equity improved to 15.2% from 14.2% a year earlier.
- Net interest margin edged up to 1.63% from 1.58% a year earlier; CET1 ratio held at 13.4%.
- Provision for credit losses increased to CAD 564 million from CAD 559 million a year earlier; leverage ratio was 4.3%.
- Results included a CAD 0.26 per-share hit from charges tied to the planned sale of CIBC Caribbean and acquisition-related intangible amortization.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Historical data shows that a single rate hike is not enough to end a bull market; a full tightening cycle is the real threat.
Since 1945, the S&P 500 has experienced 12 bear markets with declines of over 20% and 4 deep corrections ranging from 18% to 20%. Among them, six occurred directly after interest rate hikes that triggered economic recessions, while two other cases had no relation to either rate hikes or recessions. Goldman Sachs believes that the market has already priced in multiple rate hike expectations; Morgan Stanley warns that rising yields could trigger a market correction; JPMorgan is more focused on oil prices and corporate earnings.
Focus Graphite Establishes CA$2 Million Revolving Credit Facility With CIBC
Sky Harbour CFO Francisco Gonzalez acquires $10,080 of common shares
Amerigo Resources declares Cdn$ 0.21 per share performance dividend