Recap: Canadian Imperial Bank Q2 Earnings

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Canadian Imperial Bank CM reported its Q2 earnings results on Thursday, May 26, 2022 at 05:30 AM.

Here's what investors need to know about the announcement.

Earnings

Canadian Imperial Bank beat estimated earnings by 0.72%, reporting an EPS of $1.4 versus an estimate of $1.39.

Revenue was up $327.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.38 which was followed by a 6.57% increase in the share price the next day.

Here's a look at Canadian Imperial Bank's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 2.86 2.78 2.23 2.23
EPS Actual 3.24 2.68 3.20 2.85
Revenue Estimate 4.10B 3.98B 3.40B 3.40B
Revenue Actual 4.36B 4.03B 4.12B 3.92B

To track all earnings releases for Canadian Imperial Bank visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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CMCanadian Imperial Bank of Commerce
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