TORONTO (CU)_Canada’s bank earnings season is here, as the country’s largest lenders reported their quarterly financial results last week. Analysts expected the Big Six to show profit increases of 5 per cent from the same quarter in 2021 and relatively unchanged from the previous quarter. However, the Canadian Imperial Bank of Commerce (CIBC) managed to beat expectations to report a double-digit profit growth, as revenues hiked in its core banking and wealth management businesses.
During the three months ended 31 January, the Toronto-based multinational banking company posted…
