this post was submitted on 08 Dec 2023
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[–] Ryan213@lemmy.world 12 points 7 months ago (1 children)
[–] funkajunk@lemm.ee 8 points 7 months ago* (last edited 7 months ago)

Not even pennies, they reported over $5B net income for 2023 alone.

For the year ended October 31, 2023, CIBC reported net income of $5.0 billion and adjusted net income(1) of $6.5 billion, compared with reported net income of $6.2 billion and adjusted net income(1) of $6.6 billion for 2022, and adjusted pre-provision, pre-tax earnings(1) of $10.2 billion, compared with $9.4 billion for 2022.

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