CM
Canadian Imperial Bank Of Commerce
NYSE: CM · FINANCIAL SERVICES · BANKS - DIVERSIFIED
$111.44
+3.45% today
Updated 2026-04-30
Market cap
$100.80B
P/E ratio
15.60
P/S ratio
3.61x
EPS (TTM)
$7.02
Dividend yield
3.67%
52W range
$60 – $111
Volume
1.6M
Canadian Imperial Bank Of Commerce (CM) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $20.18B | $22.83B | $12.67B | $13.83B | $14.98B | $17.29B | $16.87B | $16.91B | $17.08B | $17.25B | $18.16B | $20.49B | $25.14B | $28.61B | $25.14B | $23.24B | $31.30B | $55.49B | $64.02B | $62.01B |
| Revenue growth (YoY) | — | +13.1% | -44.5% | +9.2% | +8.3% | +15.4% | -2.4% | +0.2% | +1.0% | +1.0% | +5.3% | +12.8% | +22.7% | +13.8% | -12.1% | -7.5% | +34.7% | +77.3% | +15.4% | -3.1% |
| Cost of revenue | $9.38B | $11.83B | $9.73B | $5.55B | $3.94B | $6.12B | $5.87B | $5.48B | $4.96B | $4.34B | $4.78B | $5.45B | $8.28B | $11.43B | $8.97B | $3.44B | $10.50B | $34.20B | $40.49B | $35.33B |
| Gross profit | $10.80B | $11.01B | $2.94B | $8.28B | $11.04B | $11.18B | $11.00B | $11.43B | $12.12B | $12.91B | $13.39B | $15.04B | $16.86B | $17.18B | $16.17B | $19.80B | $20.80B | $21.29B | $23.52B | $26.67B |
| Gross margin | 53.5% | 48.2% | 23.2% | 59.9% | 73.7% | 64.6% | 65.2% | 67.6% | 71.0% | 74.8% | 73.7% | 73.4% | 67.1% | 60.0% | 64.3% | 85.2% | 66.5% | 38.4% | 36.7% | 43.0% |
| R&D | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — |
| SG&A | $4.29B | $4.39B | $3.92B | $3.61B | $3.87B | $4.05B | $4.09B | $4.29B | $4.64B | $4.80B | $4.85B | $5.20B | $5.67B | $5.73B | $5.92B | $6.45B | $7.16B | $7.55B | $8.26B | $9.27B |
| Operating income | $3.31B | $3.85B | $-4.26B | $1.62B | $4.01B | $3.81B | $3.99B | $3.98B | $3.91B | $4.22B | $5.01B | $5.88B | $6.71B | $6.47B | $4.89B | $8.32B | $7.97B | $6.97B | $9.17B | $10.94B |
| Operating margin | 16.4% | 16.9% | -33.6% | 11.7% | 26.8% | 22.0% | 23.7% | 23.5% | 22.9% | 24.5% | 27.6% | 28.7% | 26.7% | 22.6% | 19.5% | 35.8% | 25.5% | 12.6% | 14.3% | 17.6% |
| EBITDA | $3.55B | $4.29B | $-3.85B | $2.02B | $4.39B | $4.36B | $4.35B | $4.33B | $4.73B | $4.66B | $5.47B | $6.42B | $7.36B | $7.31B | $6.20B | $9.34B | $9.02B | $8.12B | $10.34B | $12.12B |
| EBITDA margin | 17.6% | 18.8% | -30.4% | 14.6% | 29.3% | 25.2% | 25.8% | 25.6% | 27.7% | 27.0% | 30.1% | 31.3% | 29.3% | 25.5% | 24.7% | 40.2% | 28.8% | 14.6% | 16.1% | 19.5% |
| EBIT | $3.31B | $3.85B | $-4.26B | $1.62B | $4.01B | $3.81B | $3.99B | $3.98B | $3.91B | $4.22B | $5.01B | $5.88B | $6.71B | $6.47B | $4.89B | $8.32B | $7.97B | $6.97B | $9.17B | $10.94B |
| Interest expense | $8.83B | $11.22B | $8.96B | $3.90B | $2.89B | $4.97B | $4.58B | $4.36B | $4.02B | $3.57B | $3.73B | $4.62B | $7.44B | $10.15B | $6.48B | $3.28B | $9.54B | $32.19B | $38.49B | $32.99B |
| Income tax | $640.00M | $524.00M | $-2.22B | $424.00M | $1.53B | $927.00M | $689.00M | $626.00M | $699.00M | $634.00M | $718.00M | $1.16B | $1.42B | $1.35B | $1.10B | $1.88B | $1.73B | $1.93B | $2.01B | $2.48B |
| Effective tax rate | 19.5% | 13.7% | 51.8% | 26.5% | 38.5% | 24.4% | 17.3% | 15.7% | 17.8% | 15.1% | 14.4% | 19.8% | 21.3% | 20.9% | 22.5% | 22.6% | 21.8% | 27.9% | 22.0% | 22.8% |
| Net income | $2.65B | $3.30B | $-2.06B | $1.17B | $2.45B | $2.87B | $3.29B | $3.35B | $3.22B | $3.58B | $4.28B | $4.70B | $5.27B | $5.10B | $3.79B | $6.43B | $6.22B | $5.00B | $7.12B | $8.43B |
| Net income growth (YoY) | — | +24.6% | -162.5% | +157.0% | +108.9% | +16.9% | +14.9% | +1.8% | -4.0% | +11.1% | +19.5% | +9.9% | +12.1% | -3.2% | -25.6% | +69.6% | -3.3% | -19.6% | +42.3% | +18.5% |
| Profit margin | 13.1% | 14.4% | -16.3% | 8.5% | 16.4% | 16.6% | 19.5% | 19.8% | 18.8% | 20.7% | 23.5% | 22.9% | 21.0% | 17.8% | 15.1% | 27.7% | 19.9% | 9.0% | 11.1% | 13.6% |