Canadian Imperial's Q2 Earnings Rise on Higher Revenues, Provisions Up

Key Takeaways CM's Q2 adjusted EPS rose 17% to C$2.05, driven by higher revenues and loan and deposit growth. Total revenues climbed 14% to C$7.02B, led by gains in both net interest and non-interest income. Provision for credit losses jumped 18% to C$605M, while expenses rose 9% to C$3.82B.Canadian Imperial Bank of Commerce (CM) announced second-quarter fiscal 2025 (ended April 30) results last week. Adjusted earnings per share of C$2.05 increased 17% from the prior-year quarter.Results benefited from gr ...