CIBC cites digital, cloud as key to 7% YOY growth

https://bankautomationnews.com/allposts/retail/cibc-cites-digital-cloud-as-key-to-7-yoy-growth/
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Canadian Imperial Bank of Commerce (CIBC) credits digital investments and a cloud-first strategy with its 2021 growth, which saw adjusted revenue increase 7% year over year. The $653.6 billion bank reported $15.6 billion in adjusted revenue for 2021 on Thursday’s earnings call. Adjusted net income was $1.3 billion, up from the $1 billion reported in […]

https://bankautomationnews.com/allposts/retail/cibc-cites-digital-cloud-as-key-to-7-yoy-growth/