Dec 1 (Reuters) - Canadian Imperial Bank of Commerce CM.TO , Canada's fifth-biggest lender, reported a 19.7 percent rise in fourth-quarter profit, benefiting from growth in its retail and business banking units as well as its capital markets division.
The bank's net income rose to C$931 million ($694 million), or C$2.32 per share, in the quarter ended Oct. 31 from C$778 million, or C$1.93 cents per share, a year earlier. ($1 = 1.3407 Canadian dollars)