Canadian Imperial Bank of Commerce

CIBC reduces its gold price target for Q4 2026 from $6,500 to $4,500, but sees averages of $5,200 for 2027 and $5,500 for 2028. The main reasons for the downgrade are tighter Fed policy, rising real yields and a stronger US dollar, while central bank purchases and high ETF inflows support demand. The bank is betting on a possible easing of real yields as the driver of a recovery, but expects prices to fall again after peaking in 2028. » Mere på finanzen.net

Canadian Imperial Bank Of Commerce Un presented on October 21, 2026 the results for the quarter ended September 30, 2026. Earnings per share were CAD 2.97 compared with CAD 3.07 in the year-ago quarter. Revenue rose to CAD 16.01 billion, up 7.37% from CAD 14.91 billion a year earlier. » Mere på finanzen.net

CIBC beat estimates for Q3 2026 with adjusted earnings per share of 2.73 CAD (+26% y/y) and revenue of 8.37 billion CAD (+15% y/y). Growth was broad-based across personal banking, wealth management and capital markets; adjusted net income rose to 2.6 billion CAD and adjusted return on equity was 16.8%. Management signaled cautious optimism, pointed to productivity gains from AI and expects stable to slightly improved margins with moderate cost increases. » Mere på de.investing.com