The Financial Post reports in its Friday edition that Canadian Imperial Bank of Commerce exceeded analysts' expectations with double-digit net income growth in all segments. The Post's Naimul Karim writes that for the three months ending July 31, CIBC reported net income of $2.1-billion, a 17-per-cent increase from $1.8-billion last year, leading to earnings per share of $2.15. Adjusted net income also rose to $2.1-billion, surpassing last year's $1.9-billion, with adjusted earnings per share reaching $2.16, above the expected $2.01. Chief executive officer Victor Dodig said on a conference call on Thursday: "Our client focus and execution mindset has culminated into another clean quarter with strong performance across all of our business units. We're resilient and we're prepared for shifts in economic conditions." Mr. Dodig is retiring in November after spending a decade at the top post. Most bank CEOs have noted more economic certainty compared with the beginning of the year when Canada was electing a new government and details on Donald Trump's tariffs were unclear. Still, uncertainty persists and most CEOs believe the renewal of Canada's trade deal with the United States will play a key role going forward.