Canadian Imperial Bank of Commerce

TSX:CM Stock Report

Market Cap: CA$87.2b

Canadian Imperial Bank of Commerce Past Earnings Performance

Past criteria checks 5/6

Canadian Imperial Bank of Commerce has been growing earnings at an average annual rate of 6.3%, while the Banks industry saw earnings growing at 5.5% annually. Revenues have been growing at an average rate of 6.7% per year. Canadian Imperial Bank of Commerce's return on equity is 12.1%, and it has net margins of 29%.

Key information

6.3%

Earnings growth rate

5.3%

EPS growth rate

Banks Industry Growth6.2%
Revenue growth rate6.7%
Return on equity12.1%
Net Margin29.0%
Next Earnings Update27 Feb 2025

Recent past performance updates

Recent updates

Canadian Imperial Bank of Commerce's (TSE:CM) Upcoming Dividend Will Be Larger Than Last Year's

Dec 08
Canadian Imperial Bank of Commerce's (TSE:CM) Upcoming Dividend Will Be Larger Than Last Year's

Revenue & Expenses Breakdown

How Canadian Imperial Bank of Commerce makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSX:CM Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Oct 2423,6056,85212,7870
31 Jul 2422,7046,45912,3890
30 Apr 2421,6996,09212,0540
31 Jan 2421,3156,02511,8320
31 Oct 2321,3224,73411,7540
31 Jul 2320,8744,46011,7120
30 Apr 2321,0864,71811,6180
31 Jan 2320,9874,57811,4940
31 Oct 2220,7766,04911,2640
31 Jul 2220,9046,29710,9970
30 Apr 2220,7316,37810,7100
31 Jan 2220,4646,50310,4330
31 Oct 2119,8576,27110,1330
31 Jul 2119,1805,8679,3730
30 Apr 2118,2085,3119,2080
31 Jan 2116,4744,0859,0910
31 Oct 2016,2523,6689,4710
31 Jul 2016,3133,8369,9150
30 Apr 2016,5714,0619,9390
31 Jan 2017,6925,0049,8890
31 Oct 1917,3254,9859,3830
31 Jul 1917,1435,0749,2830
30 Apr 1917,0085,0529,2010
31 Jan 1916,8855,0289,1250
31 Oct 1816,9645,1789,1530
31 Jul 1816,8165,0719,0820
30 Apr 1816,4054,8138,9470
31 Jan 1815,7604,5598,7380
31 Oct 1715,4514,6478,4830
31 Jul 1714,8704,4298,2340
30 Apr 1714,8684,7718,0640
31 Jan 1714,6564,6628,0010
31 Oct 1613,9844,2377,9750
31 Jul 1613,8104,0877,8180
30 Apr 1613,2483,6237,7790
31 Jan 1613,1383,5927,6060
31 Oct 1513,0853,5318,0120
31 Jul 1512,8193,5557,6540
30 Apr 1512,6483,4927,5450
31 Jan 1512,2852,8897,5600
31 Oct 1412,4263,1317,3750
31 Jul 1412,3163,1487,1990
30 Apr 1412,0853,1017,0580
31 Jan 1412,1103,6446,8950

Quality Earnings: CM has high quality earnings.

Growing Profit Margin: CM's current net profit margins (29%) are higher than last year (22.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: CM's earnings have grown by 6.3% per year over the past 5 years.

Accelerating Growth: CM's earnings growth over the past year (44.7%) exceeds its 5-year average (6.3% per year).

Earnings vs Industry: CM earnings growth over the past year (44.7%) exceeded the Banks industry 7.2%.

Return on Equity

High ROE: CM's Return on Equity (12.1%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 22:43
End of Day Share Price 2024/12/19 00:00
Earnings2024/10/31
Annual Earnings2024/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Canadian Imperial Bank of Commerce is covered by 33 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark RosenAccountability Research Corporation
Ishan MajumdarBaptista Research
John AikenBarclays