CIBC FY26 Q3 reported net income rises 15% to $2.41 billion; revenue climbs 15% to $8.37 billion
CM•Credit losses and special charges
Provision for credit losses increased to CAD 564 million from CAD 559 million a year earlier.
Results included a CAD 0.26 per-share hit from charges tied to the planned sale of CIBC Caribbean and acquisition-related intangible amortization.
Margins and capital remained stable
Net interest margin edged up to 1.63% from 1.58% a year earlier; CET1 ratio held at 13.4%.
Leverage ratio was 4.3%.
Quarterly results rise on higher revenue
CIBC reported net income of CAD 2.41 billion, up 15% year over year; revenue rose 15% to CAD 8.37 billion.
Diluted EPS climbed 15% to CAD 2.47; return on common shareholders’ equity improved to 15.2% from 14.2% a year earlier.
