EarningsCM reported solid results with earnings per share surpassing estimates due to strong revenue across the company and a reversal in provisions for credit losses.
Financial PerformanceThe bank repurchased 5 million shares and raised dividends by 7 cents, exceeding expectations and indicating a strong financial position.
US Business GrowthThe US business achieved positive operating leverage for the first time in five quarters, signaling growth potential through strategic investments in Wealth and Commercial & Industrial lending.