CIBC boosts dividend, but posts bigger-than-expected earnings decline

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 92%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

CIBC boosts dividend, but posts bigger-than-expected earnings decline GlobeBusiness

The Canadian Imperial Bank of Commerce hiked its dividend as it reported its first-quarter profit fell to $1.18-billion, down 11 per cent from $1.33-billion a year ago.The Toronto-based lender’s earnings for the three-month period ended Jan. 31 amounted to $2.60 per diluted share, down from $2.95 during the same period a year earlier.

On an adjusted basis, CIBC earned $3.01 per share, down from $3.18 a year ago and below the $3.08 expected by analysts surveyed by Thomson Reuters Eikon. Canada’s fifth-largest lender saw double-digit drop in net income from Canadian personal and small business banking and capital markets, while its U.S. commercial banking and wealth management arm saw a 25 per cent uptick in earnings during the period.

“In the first quarter, we delivered solid performance across our strategic business units,” said CIBC chief executive Victor Dodig in a statement. “We continue to make progress on our strategy to build a client-focused North American bank with diversified earnings growth and disciplined expense and capital management while delivering superior shareholder returns.”

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 5. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

globebusiness Nnjc bc c. Bc bc c can. CNBC cb. C bc ccvcnnbnbcn. C ncncnccncnbcjcncchccn. Cn. Cnccncn ccjcnnccnncnncjncbnnccccnchcnccncncn bjkvjfx

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

RBC hikes dividend as profit rises in challenging market conditionsCapital markets earnings drop 13 per cent
ソース: nationalpost - 🏆 10. / 80 続きを読む »