Canadian Imperial Bank of Commerce (CM) — Financial statements
Income statement, balance sheet, and cash flow for Canadian Imperial Bank of Commerce — annual and quarterly history with growth and margin analysis.
| Metric (CAD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 62,006↓3.1% | 64,016↑15.4% | 55,493↑77.3% | 31,302↑34.7% | 23,242 | |
| Cost of Revenue | 35,334↓12.7% | 40,491↑18.4% | 34,204↑225.7% | 10,501↑205.3% | 3,440 | |
| Gross Profit | 26,672↑13.4% | 23,525↑10.5% | 21,289↑2.3% | 20,801↑5.0% | 19,802 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 9,266↑12.2% | 8,261↑9.4% | 7,550↑5.5% | 7,157↑11.0% | 6,450 | |
| Selling & Marketing Expenses | 398↑15.7% | 344↑13.2% | 304↓9.0% | 334↑40.9% | 237 | |
| SG&A Expenses | 9,664↑12.3% | 8,605↑9.6% | 7,854↑4.8% | 7,491↑12.0% | 6,687 | |
| Other Expenses | 6,069↑5.5% | 5,754↓11.0% | 6,462↑21.1% | 5,337↑11.3% | 4,793 | |
| Operating Expenses | 15,733↑9.6% | 14,359↑0.3% | 14,316↑11.6% | 12,828↑11.7% | 11,480 | |
| Total Costs & Expenses | 51,067↓6.9% | 54,850↑13.0% | 48,520↑108.0% | 23,329↑56.4% | 14,920 | |
| Operating Results | ||||||
| Operating Income | 10,939↑19.3% | 9,166↑31.4% | 6,973↓12.5% | 7,973↓4.2% | 8,322 | |
| Depreciation & Amortization | 1,178↑0.7% | 1,170↑2.4% | 1,143↑9.2% | 1,047↑2.9% | 1,017 | |
| EBITDA | 12,117↑17.2% | 10,336↑27.4% | 8,116↓10.0% | 9,020↓3.4% | 9,339 | |
| EBIT | 10,939↑19.3% | 9,166↑31.4% | 6,973↓12.5% | 7,973↓4.2% | 8,322 | |
| Interest & Other Income | ||||||
| Net Interest Income | 15,769↑15.1% | 13,695↑6.8% | 12,825↑1.5% | 12,641↑10.3% | 11,459 | |
| Interest Income | 48,761↓6.6% | 52,185↑15.9% | 45,019↑103.0% | 22,179↑50.5% | 14,741 | |
| Interest Expense | 32,992↓14.3% | 38,490↑19.6% | 32,194↑237.5% | 9,538↑190.6% | 3,282 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 10,939↑19.3% | 9,166↑31.4% | 6,973↓12.5% | 7,973↓4.2% | 8,322 | |
| Income Tax Expense | 2,485↑23.5% | 2,012↑4.0% | 1,934↑11.8% | 1,730↓7.8% | 1,876 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 8,454↑18.2% | 7,154↑42.0% | 5,039↓19.3% | 6,243↓3.1% | 6,446 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 8,429↑18.5% | 7,115↑42.3% | 5,001↓19.6% | 6,220↓3.3% | 6,429 | |
| Bottom-Line Net Income | 8,065↑17.7% | 6,852↑44.7% | 4,734↓21.7% | 6,049↓3.5% | 6,271 | |
| EPS (Basic) | 8.62↑18.2% | 7.29↑41.0% | 5.17↓22.8% | 6.70↓4.0% | 6.98 | |
| EPS (Diluted) | 8.57↑17.7% | 7.28↑40.8% | 5.17↓22.6% | 6.68↓4.0% | 6.96 | |
| Weighted Average Shares | 935↓0.4% | 939↑2.6% | 916↑1.4% | 903↑0.6% | 898 | |
| Weighted Average Diluted Shares | 941↓0.1% | 942↑2.8% | 916↑1.2% | 906↑0.6% | 900 | |
* All figures in Millions of CAD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.