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BRIEF-CIBC resets RoE target to 15 percent

Published 2016-12-01, 09:05 a/m
© Reuters.  BRIEF-CIBC resets RoE target to 15 percent
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Dec 1 (Reuters) - Canadian Imperial Bank Of Commerce CM.TO

* Cibc retail head says comfortable with stronger growth rates than rivals in residential mortgage market

* Cibc retail head says bank will continue to look to have mortgage growth

* Cibc ceo says strategic priority is to maintain strong capital ratios

* Cibc cfo says doesn't anticipate any more significant restructuring charges

* Cibc ceo says will continue to target eps growth of 5 percent annually, roe target reset to 15 percent

* Cibc ceo says eps target will be harder to achieve in 2017 but will try to do so Further company coverage: CM.TO

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