Canadian Imperial Bank of Commerce
CM: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ZT% | LOCK|$%cV | LOCK|ncKg!xG |
Canadian Imperial Bank of Commerce Earnings: Broad-Based Growth; Raising FVE
Canadian Imperial Bank of Commerce reported strong earnings across its business segments. Adjusted net income increased 23% from a year ago to CAD 2.7 billion. This quarter’s results translated into an adjusted ROE of 17.4%, well above its 15.0%-plus medium-term target.
