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CIBC grows Q2 net income to $1.05 billion, reports $3.7 billion of revenue
TORONTO – CIBC (TSX:CM) had $1.05 billion of net income in its second quarter, up 11 per cent from a year ago when it reported $941 million of net income.
The earnings amounted to $2.59 per share, compared with $2.35 during the second quarter of 2016.
The Toronto-based bank had $3.70 billion of revenue during the quarter, compared with $3.63 billion a year ago.
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