CIBC Q3 Results Exceed Expectations with $2.16 EPS and $7.25B Revenue

Canadian Imperial Bank (CIBC) reported Q3 non-GAAP EPS of C$2.16, beating expectations by C$0.16. Revenue reached C$7.25B, a 9.8% YoY increase and C$200M above estimates. The CET1 ratio was 13.4% at July 31, 2025, compared to 13.4% at the end of the prior quarter.

Canadian Imperial Bank of Commerce (CIBC) reported its Q3 2025 earnings, surpassing analyst expectations with an adjusted earnings per share (EPS) of C$2.16, compared to the forecasted C$2.00. Revenue also exceeded projections, reaching C$7.25 billion against the anticipated C$7.03 billion. Following the earnings release, CIBC’s stock rose by 3.84% in premarket trading, reaching C$78.17.

CIBC’s adjusted EPS of C$2.16 beat the forecast by 8%, while revenue of C$7.25 billion surpassed expectations by 3.13%. The stock price increase is notable, as the stock reached above its previous 52-week high of C$75.73, indicating positive investor sentiment. The stock has delivered a 44.2% total return over the past year and shows relatively low price volatility according to InvestingPro metrics.

The bank's strong financial performance is reflected in its net income, which rose to C$2.1 billion, an 11% increase year-over-year. The bank’s return on equity improved by 20 basis points to 14.2%. The growth was attributed to robust revenue across all business units and effective expense management. CIBC maintains a strong dividend tradition, having raised its dividend for 14 consecutive years, with a current yield of 3.78%.

CIBC has achieved a 17.2% revenue growth over the last twelve months, according to InvestingPro data. The bank aims to capitalize on its relationship-based banking strategy and expects growth in its Imperial Service wealth management platform. Eight analysts have revised their earnings estimates upward for the upcoming period, with consensus targets suggesting further potential upside.

Looking ahead, CIBC remains optimistic about its growth prospects, anticipating gradual margin expansion and continued improvement in return on equity. The bank maintains an overall "FAIR" financial health score of 2.37 out of 5, according to detailed analysis available on InvestingPro.

References:
[1] https://www.investing.com/news/transcripts/earnings-call-transcript-cibc-q3-2025-earnings-beat-expectations-stock-rises-93CH-4214694