TORONTO — CIBC reported a third-quarter profit of $2.10 billion, up from $1.80 billion in the same quarter last year. The bank says the profit amounted to $2.15 per share for the quarter ending July 31, up from $1.82 per share last year. Revenue totalled $7.25 billion, up from $6.60 billion. The bank’s provisions for credit loss totalled $559 million, up from $483 million last year. On an adjusted basis, CIBC says it earned $2.16 per share, up from $1.93 per share last year. Analysts on average had expected earnings of $2.00 per share, according to LSEG Data & Analytics. This report by The Canadian Press was first published Aug. 28, 2025 The Canadian Press
