CIBC(CM) - 2023 Q2 - Quarterly Report

Overview of results CIBC today announced its financial results for the second quarter ended April 30, 2023. Second quarter highlights Results for the second quarter of 2023 were affected by the following items of note aggregating to a positive impact of $0.06 per share: •$114 million ($82 million after-tax) decrease in legal provisions (Corporate and Other); and •$27 million ($21 million after-tax) amortization of acquisition-related intangible assets. Our CET1 ratio (4) was 11.9% at April 30, 2023, compa ...