Canadian Imperial Bank of Commerce (CM.TO) reported Q3 adjusted net income of C$2.65 billion, or C$2.73 per share, rising from C$2.10 billion, or C$2.16 per share.
Analysts polled by FactSet expected C$2.53.
Revenue was C$8.37 billion, up from C$7.25 billion.
Analysts expected C$8.06 billion.
CIBC's board declared a dividend of C$1.07 per common share for the quarter ending Oct. 31, payable Oct. 28 to shareholders of record at the close of business on Sept. 28.
EQB (EQB.TO) after market close on Wednesday reported fiscal third-quarter adjustedearnings per share of C$2.12, up 2% on year-over-year basis, but missing the FactSet consensus estimate of C$2.21.Adjusted revenue in the quarter ended on July 31 surged 27% annually to C$393.0 million, exceeding the FactSet consensus of C$370.2 million.The bank holding company raised its provision for credit losses to C$302.98 million from C$33.97 million.EQB also declared a dividend of $0.63 per common share payable on Sept. 29 to shareholders of record as of Sept. 15, representing 3% and 15% increases from the dividends paid in June 2026 and Sept. 2025, respectively.Its shares closed up C$3.27 to C$137.87 on Toronto stock Exchange on Wednesday.
Quarterhill (QTRH.TO) plans to raise $35 million in a private placement of shares, the company said after trade on Wednesday.Quarterhill will issue 14.1 million shares at $2.48 each. The underwriters have also been granted a 15% over-allotment option, which will increase proceeds by approximately $5.3 million if exercised in full.The offering is expected to close by Sept. 16.Proceeds will be used for general working purposes.Quarterhill shares closed down C$0.04 at C$2.71 on the Toronto Stock Exchange.