Investing.com - Canadian Imperial Bank Of Commerce (TSX:CM) reported fourth quarter earnings that missed analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of C$3.37 on revenue of C$5.06B. Analysts polled by Investing.com anticipated EPS of C$3.53 on revenue of C$5.09B. .
CIBC shares were trading at C$141.26 in pre-market trade following the report.
For the year, CIBC shares are up 29.93%, outperforming the S&P/TSX which is up 17.39% year to date.
Canadian Imperial Bank follows other major Financial sector earnings this month
On Thursday, Toronto Dominion Bank reported fourth quarter EPS of C$2.09 on revenue of C$10.94B, compared to forecasts of EPS of C$1.95 on revenue of C$9.92B.
Brookfield Asset Management earnings missed analyst's expectations on Thursday, November 11, 2021, with third quarter EPS of C$0.47 on revenue of C$19.25B. Investing.com analysts expected EPS of C$0.7398 on revenue of C$1.03B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar