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CIBC misses profit estimates as it sets aside more money for bad loans

Published: August 31, 2023

CIBC missed analysts’ estimates for quarterly profit on Thursday, hurt by higher loan-loss provisions to cover for consumers struggling to make their repayments in a tough economy.

Source: q107.com

CIBC misses profit estimates as it sets aside more money for bad loans - National

Published: August 31, 2023

CIBC missed analysts' estimates for quarterly profit on Thursday, hurt by higher loan-loss provisions to cover for consumers struggling to make their repayments in a tough economy.

Source: globalnews.ca