Canadian Imperial Bank of Commerce – commonly known as CIBC – released its Q3 numbers on Thursday August 27th. Let take a look at how it did shall we?
This is going to be a busy week for Bay Street analysts and investors alike as each of the major Canadian banks (Bank of Montreal, CIBC, Royal Bank, TD Bank, National Bank of Canada, and Scotiabank) report their Q3 numbers.
BMO (Bank of Montreal) was the first out of the gate when it reported earnings Tuesday. I will first take a brief look at the overall numbers (top line and bottom line) and then do the same for the individual reporting segments.