CIBC Q4 2010 Earnings

TD Securities, 3 December 2010Q4/10: Another Good Quarter; See More Upside in RetailYesterday before the open, the bank reported Core Cash FD-EPS of C$1.68 versus TD Newcrest at C$1.57 and Consensus at C$1.63.ImpactPositive. The bank reported better than expected numbers on the back of good Retail and good Credit; earning through some weakness in Wholesale and elevated expenses. We are very