Canada's CIBC quarterly profit rises on strength in capital markets unit

Aug. 27 (Reuters) - Canadian Imperial Bank of Commerce reported a rise in third-quarter profit on Thursday, driven by robust performance in its capital markets division.

The bank's adjusted net income was C$2.65 billion ($1.91 billion), or C$2.73 per share, during the three months ended July 31, compared with C$2.1 billion, or C$2.16 per share, a year earlier.

$1 = 1.3879 Canadian dollars