CIBC Q3 2026: Adjusted EPS Jumps 26% to C$2.73 on 15% Revenue Growth
CM sits 63% above its 52-week low of $72.61.
Summary
CIBC reported Q3 2026 adjusted EPS of C$2.73, up 26% YoY, on 15% revenue growth, with a one-time C$269M charge from its Caribbean divestiture.
Key Events · Earnings and Guidance · CM
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Q3 Adjusted EPS Beats on Strong Revenue
Adjusted diluted EPS of C$2.73, up 26% YoY, on revenue of C$8,368M, up 15% YoY. Reported net income was C$2,409M, up 15%.
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Caribbean Divestiture Charge Hits Reported Results
C$269M pre-tax charge (C$232M after-tax) related to the announced sale of CIBC Caribbean reduced reported EPS by C$0.26.
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Capital Markets Drives Growth
Capital Markets net income rose 34% YoY to C$722M, driven by higher equity trading and financing revenue.
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Credit Quality Stable
Provision for credit losses was C$564M, up only C$5M YoY, with a provision reversal on performing loans offsetting credit migration.
Analysis · CM · Finance
A strong third quarter for CIBC saw adjusted diluted EPS climb 26% year-over-year to C$2.73, propelled by a 15% revenue increase to C$8,368 million. The results were tempered by a C$269 million pre-tax charge tied to the previously announced sale of CIBC Caribbean, which reduced reported EPS by C$0.26. Capital Markets led the way with net income up 34%, while credit quality remained stable with provisions essentially flat year-over-year. The CET1 ratio dipped slightly to 13.4% from 13.6% last quarter, still comfortably above regulatory minimums. This is a clean beat on the bottom line that reinforces the bank's momentum heading into the final quarter of fiscal 2026.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 29.9% of the 1591 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.24%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CM was trading at $118.55 on NYSE in the Finance sector, with a market capitalization of approximately $109.5B. The 52-week trading range was $72.61 to $124.86. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.