TORONTO, Dec 3 (Reuters) - Canadian Imperial Bank of
Commerce CM.TO reported a fourth-quarter profit that beat
market expectations on Thursday, helped by growth in its retail
banking and capital markets segments, and raised its quarterly
dividend.
Net income for the quarter ended Oct. 31 was C$778 million,
or C$1.93 per share, compared with C$811 million, or C$1.98 per
share, in the fourth quarter of 2014. Excluding special items,
earnings rose to C$2.36 per share.
Analysts on average had expected earnings of C$2.34 a share,
according to Thomson Reuters I/B/E/S.