Canadian Imperial Bank (TSX:CM) reported quarterly earnings of $2.54 per share which beat the analyst consensus estimate of $2.42 by 4.96 percent. This is a 23.9 percent increase over earnings of $2.05 per share from the same period last year. The company reported quarterly sales of $8.006 billion which beat the analyst consensus estimate of $7.830 billion by 2.25 percent. This is a 14.01 percent increase over sales of $7.022 billion the same period last year.