Recap: Canadian Imperial Bank Q4 Earnings

Canadian Imperial Bank (NYSE:CM) reported its Q4 earnings results on Thursday, November 30, 2023 at 05:30 AM. Here’s…

Canadian Imperial Bank (NYSE:CM) reported its Q4 earnings results on Thursday, November 30, 2023 at 05:30 AM.

Here’s what investors need to know about the announcement.

Earnings

Canadian Imperial Bank beat estimated earnings by 4.73%, reporting an EPS of $1.173 versus an estimate of $1.12.

Revenue was up $305.30 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.09 which was followed by a 0.53% increase in the share price the next day.

Here’s a look at Canadian Imperial Bank’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 1.23 1.210 1.25 1.27
EPS Actual 1.14 1.258 1.43 1.05
Revenue Estimate 4.25B 4.22B 4.19B 4.17B
Revenue Actual 4.38B 4.22B 4.38B 4.05B

To track all earnings releases for Canadian Imperial Bank visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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