<\/p>\n
Canadian commercial banking and wealth management segment posted a net income of $549M.<\/p>\n
CIBC reported a second-quarter profit of $2 billion, up from $1.8 billion in the same quarter last year.<\/p>\n
Revenue totalled $7 billion, up from $6.2 billion. The higher revenue was mainly driven by volume growth and a higher net interest margin.<\/p>\n
CIBC\u2019s Canadian commercial banking and wealth management segment reported a net income of $549 million for the second quarter, up 13% or $61 million from the same quarter a year ago. The increase was primarily due to higher revenue, partially offset by higher non-interest expenses and a higher provision for credit losses.<\/p>\n
Provisions for credit losses totalled $605 million, up from $514 million last year.<\/p>\n
In wealth management, the increase in revenue came from higher fee-based revenue as average assets under administration (AUA) and assets under management (AUM) balances rose as a result of market appreciation. Higher net interest income and commission revenue from increased client activity also contributed.<\/p>\n
The bank had $3.8 trillion in AUA and $376 billion in AUM as of April 30, 2025, compared to $3.3 trillion and $349 billion, respectively, at the same time last year.<\/p>\n
CIBC reported a net income of $81 million from insurance activities in the second quarter, down from $87 million during the same quarter last year.<\/p>\n
On an adjusted basis, CIBC says it earned $2.05 per share, up from $1.75 per share a year ago. Analysts on average had expected earnings of $1.89 per share, according to LSEG Data & Analytics.<\/p>\n
<\/p>","protected":false},"excerpt":{"rendered":"
Canadian commercial banking and wealth management segment posted a net income of $549M. CIBC reported a second-quarter profit of $2 billion, up from $1.8 billion in the same quarter last year. Revenue totalled $7 billion, up from $6.2 billion. The higher revenue was mainly driven by volume growth and a higher net interest margin. CIBC\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":4166,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/06\/CIBC-4-1140x445.webp",1140,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/06\/CIBC-4-463x348.webp",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/06\/CIBC-4-300x200.webp",300,200,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2025\/06\/CIBC-4.webp",2000,1333,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/4165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=4165"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/4165\/revisions"}],"predecessor-version":[{"id":4167,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/4165\/revisions\/4167"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/4166"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=4165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=4165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=4165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}