CIBC Q4 Profit Drops 1.9%
December 05, 2013 at 05:59 AM EST
Canadian Imperial Bank of Commerce (NYSE: CM ) reported a 1.9% drop in its fourth-quarter profit. CIBC's quarterly earnings fell to C$836 million ($782.00 million), or C$2.05 per share, from a year-ago profit of C$852 million, or C$2.02 per share. CIBC shares closed at $84.26 yesterday. (c) 2013 Benzinga.com. Benzinga does not