Capital MarketsCM's earnings were boosted by strong trading revenues and higher market-related fees in Capital Markets.
Capital StrengthCIBC’s CET1 ratio currently sits at 13.4%, far above the firm’s 12.5% target range, giving CM flexibility for dividend growth, organic growth, buybacks, and potential tuck-in M&A.
Financial PerformanceCM reported solid Q2 results with EPS beating estimates due to capital markets strength and lower-than-expected PCLs.