0746 ET - Canadian Imperial Bank of Commerce appears to be firing on all fronts, logging a very strong quarter, says Stephen Boland of Raymond James. Adjusted EPS of C$2.76 for F1Q was above the C$3.21 Boland expected and was driven by record revenue across business units. The analyst expects the stock to react positively, noting upside in the financial results from stronger-than-expected non-interest income, a higher net interest margin and better-than-anticipated efficiency ratio. CIBC's adjusted return on equity of 17.4% sits among the highest of Canada's big banks, Boland notes. (robb.stewart@wsj.com)
(END) Dow Jones Newswires
February 26, 2026 07:46 ET (12:46 GMT)
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