Canadian Imperial Bank of Commerce CM

Primary Symbol: T.CM Alternate Symbol(s): T.CM.PR.P | T.CM.PR.Q | T.CM.PR.S

Financial Services

Canadian Imperial Bank of Commerce is a Canada-based financial institution. The Company has 13million personal banking, business, public sector and institutional clients. Across personal and business banking, commercial banking and wealth management, and capital markets businesses, the Company offers a full range of advice, solutions and services through its digital banking network and locations across Canada, with offices in the United States and around the world. Its personal banking offers products and services, including bank accounts, credit cards, mortgages, lending, investments, insurance, ways to bank and smart advice. Its business banking products and services include accounts, credit cards, borrowing, investing, cash management, smart business advice and healthcare. It also offers various business solution, including Managing Cash Flow, Financing Your Business and Day-to-Day Banking.

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Canadian Imperial Bank of Commerce > Stock split dividend increase missed earnings buy .01 cents

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Comment by fakmizon May 27, 2022 12:34pm

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Post# 34712475

RE:RE:Stock split dividend increase missed earnings buy .01 cents

Only missed earnings by $.01 because they increased loss provisions by approx. $270mm to cover potential bad debts in Costco M/C portfolio which they recently took over. I stress potential! Otherwise revenues were up and without the forgoing, profits would have exceeded anaylists estimates.

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