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 6.6% 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 Growth | 11.2% |
| Revenue growth rate | 6.7% |
| Return on equity | 12.1% |
| Net Margin | 29.0% |
| Next Earnings Update | 27 Feb 2025 |
Recent past performance updates
Recent updates
Canadian Imperial Bank Of Commerce: Low Net Interest Margins Offset By Low Nonperforming Loans
Jan 16Canadian Imperial Bank of Commerce Reaches For Higher Growth Even As Share Price Peaks Near Highs
Nov 12Canadian Imperial Bank of Commerce: Earnings Buoyed By Robust Revenue And Lower Provisions
Aug 29Canadian Imperial Bank of Commerce: Encouraging Growth In Trading Revenues
Jun 09Taking Profits In Canadian Imperial Bank
May 31Canadian Imperial Bank: Buy This Quality Dividend At The Right Price
Apr 07Canadian Imperial Bank of Commerce: Grab The 6% Dividend Yield And Double-Digit Earnings Growth
Jan 15Buying CIBC Ahead Of Earnings
Nov 28Canadian Imperial Bank of Commerce: Strong Business Despite Weaker Profits
Oct 02Canadian Imperial Bank of Commerce: Buy A Safe Bank With A 6.2% Yield
Aug 16Canadian Imperial Bank of Commerce: Better, But Still Bad
Aug 09Canadian Imperial Bank Of Commerce: Betting On This Bank With 6% Dividend Yield And Strong Liquidity
Jul 29Canadian Imperial Bank of Commerce: Pressure On Trading Revenues Continues Despite Rising Rates
May 29Canadian Imperial Bank Non-GAAP EPS of C$1.94 beats by C$0.22, revenue of C$5.93B beats by C$210M
Feb 24CIBC to pay $770M to Cerberus SPV to settle lawsuit over 2008 transaction
Feb 17CIBC announces management changes to Canada division
Jan 13Canadian Banks Are Hot - Canadian Imperial Is Among Them
Nov 09Revenue & 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
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Oct 24 | 23,605 | 6,852 | 12,787 | 0 |
| 31 Jul 24 | 22,704 | 6,459 | 12,389 | 0 |
| 30 Apr 24 | 21,699 | 6,092 | 12,054 | 0 |
| 31 Jan 24 | 21,315 | 6,025 | 11,832 | 0 |
| 31 Oct 23 | 21,322 | 4,734 | 11,754 | 0 |
| 31 Jul 23 | 20,874 | 4,460 | 11,712 | 0 |
| 30 Apr 23 | 21,086 | 4,718 | 11,618 | 0 |
| 31 Jan 23 | 20,987 | 4,578 | 11,494 | 0 |
| 31 Oct 22 | 20,776 | 6,049 | 11,264 | 0 |
| 31 Jul 22 | 20,904 | 6,297 | 10,997 | 0 |
| 30 Apr 22 | 20,731 | 6,378 | 10,710 | 0 |
| 31 Jan 22 | 20,464 | 6,503 | 10,433 | 0 |
| 31 Oct 21 | 19,857 | 6,271 | 10,133 | 0 |
| 31 Jul 21 | 19,180 | 5,867 | 9,373 | 0 |
| 30 Apr 21 | 18,208 | 5,311 | 9,208 | 0 |
| 31 Jan 21 | 16,474 | 4,085 | 9,091 | 0 |
| 31 Oct 20 | 16,252 | 3,668 | 9,471 | 0 |
| 31 Jul 20 | 16,313 | 3,836 | 9,915 | 0 |
| 30 Apr 20 | 16,571 | 4,061 | 9,939 | 0 |
| 31 Jan 20 | 17,692 | 5,004 | 9,889 | 0 |
| 31 Oct 19 | 17,325 | 4,985 | 9,383 | 0 |
| 31 Jul 19 | 17,143 | 5,074 | 9,283 | 0 |
| 30 Apr 19 | 17,008 | 5,052 | 9,201 | 0 |
| 31 Jan 19 | 16,885 | 5,028 | 9,125 | 0 |
| 31 Oct 18 | 16,964 | 5,178 | 9,153 | 0 |
| 31 Jul 18 | 16,816 | 5,071 | 9,082 | 0 |
| 30 Apr 18 | 16,405 | 4,813 | 8,947 | 0 |
| 31 Jan 18 | 15,760 | 4,559 | 8,738 | 0 |
| 31 Oct 17 | 15,451 | 4,647 | 8,483 | 0 |
| 31 Jul 17 | 14,870 | 4,429 | 8,234 | 0 |
| 30 Apr 17 | 14,868 | 4,771 | 8,064 | 0 |
| 31 Jan 17 | 14,656 | 4,662 | 8,001 | 0 |
| 31 Oct 16 | 13,984 | 4,237 | 7,975 | 0 |
| 31 Jul 16 | 13,810 | 4,087 | 7,818 | 0 |
| 30 Apr 16 | 13,248 | 3,623 | 7,779 | 0 |
| 31 Jan 16 | 13,138 | 3,592 | 7,606 | 0 |
| 31 Oct 15 | 13,085 | 3,531 | 8,012 | 0 |
| 31 Jul 15 | 12,819 | 3,555 | 7,654 | 0 |
| 30 Apr 15 | 12,648 | 3,492 | 7,545 | 0 |
| 31 Jan 15 | 12,285 | 2,889 | 7,560 | 0 |
| 31 Oct 14 | 12,426 | 3,131 | 7,375 | 0 |
| 31 Jul 14 | 12,316 | 3,148 | 7,199 | 0 |
| 30 Apr 14 | 12,085 | 3,101 | 7,058 | 0 |
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 -2.5%.
Return on Equity
High ROE: CM's Return on Equity (12.1%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/03 06:48 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
| Analyst | Institution |
|---|---|
| Mark Rosen | Accountability Research Corporation |
| John Aiken | Barclays |
| Brian Morton | Barclays |