CANADIAN IMPERIAL BANK OF COMMERCE /CAN/ financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data CANADIAN IMPERIAL BANK OF COMMERCE /CAN/ files with the SEC in its annual reports.

In CAD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2018	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	15,035	16,280	17,834	18,611	18,741	20,015	21,833	23,332	25,606	29,133
Pre-tax income	5,013	5,880	6,706	6,469	4,890	8,322	7,973	6,973	9,166	10,939
Income tax	718	1,162	1,422	1,348	1,098	1,876	1,730	1,934	2,012	2,485
Net income to minority interests	20	19	17	25	2	17	23	38	39	25
Net income	4,275	4,699	5,267	5,096	3,790	6,429	6,220	5,001	7,115	8,429
EPS, basic	5.36	5.63	5.84	5.61	4.11	6.98	6.70	5.17	7.29	8.62
EPS, diluted	5.35	5.62	5.82	5.59	4.11	6.96	6.68	5.17	7.28	8.57

Balance sheet

	FY2016	FY2018	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	3,500	3,440	4,380	3,840	43,531	34,573	31,535	20,816	8,565	12,379
Property, plant and equipment		1,783	1,795	1,813	2,997	3,286	3,377	3,251	3,359	3,443
Goodwill	1,539	5,367	5,564	5,449	5,253	4,954	5,348	5,425	5,443	5,475
Intangible assets		1,978	1,945	1,969	1,961	2,029	2,592	2,742	2,830	2,894
Total assets		565,264	597,099	651,604	769,551	837,683	943,597	975,690	1,041,985	1,116,938
Total liabilities		534,027	561,983	613,024	728,216	791,853	893,215	922,527	982,978	1,052,525
Retained earnings		16,101	18,537	20,972	22,119	25,793	28,767	30,352	33,471	36,471
Shareholders' equity		31,035	34,943	38,394	41,154	45,648	50,181	52,931	58,735	64,129
Minority interests		202	173	186	181	182	201	232	272	284
Total equity	23,673	31,237	35,116	38,580	41,335	45,830	50,382	53,163	59,007	64,413
Total liabilities and equity		565,264	597,099	651,604	769,551	837,683	943,597	975,690	1,041,985	1,116,938

Cash flow statement

	FY2016	FY2018	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	4,295	4,718	5,284	5,121	3,792	6,446	6,243	5,039	7,154	8,454
Cash from operations	10,211	2,457	9,867	19,086	60,767	-3,332	22,715	12,154	11,088	13,838
Cash from investing	-7,383	-1,965	-7,987	-18,340	-19,880	-3,506	-24,391	-20,763	-20,751	-5,775
Share buybacks							-800		-975	-1,350
Cash from financing	-2,436	-501	-993	-1,290	-1,221	-1,945	-1,610	-2,159	-2,610	-4,312
Exchange rate effect	55	-51	53	4	25	-175	248	49	22	63
Net change in cash	447	-60	940	-540	39,691	-8,958	-3,038	-10,719	-12,251	3,814
Interest paid	3,798	4,526	7,235	10,008	6,716	3,701	8,310	29,673	38,038	33,975
Income taxes paid	730	2,204	1,654	1,549	39	1,374	2,585	1,657	2,513	3,231

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. No valuation: the share price is quoted in a different currency than the statements.

Profitability

Metric	Value	How it is calculated
Pre-tax margin	37.5%	Pre-tax income / revenue.
Net margin	28.9%	Net income / revenue.
Operating cash flow margin	47.5%	Cash from operations / revenue.
Effective tax rate	22.7%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	13.7%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	0.8%	Net income / average total assets.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	13.8%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	10.1%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	9.2%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	18.5%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	10.7%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	17.3%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	17.7%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	8.7%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	15.8%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	24.8%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	-15.2%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	-25.6%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	9.2%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	8.5%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	9.3%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	7.2%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	5.8%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	7.7%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

Metric	Value	How it is calculated
Liabilities / assets	94.2%	Total liabilities / total assets.
Goodwill and intangibles / assets	0.7%	(Goodwill + intangible assets) / total assets.
Tangible book value	CA$55.76B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.03x	Revenue / average total assets.
Fixed asset turnover	8.57x	Revenue / average property, plant and equipment.

Per share

Metric	Value	How it is calculated
EPS, diluted	CA$8.57	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic	CA$8.62	Net income per basic share, as reported (split-adjusted).

What was CANADIAN IMPERIAL BANK OF COMMERCE /CAN/'s revenue in fiscal 2025?

CANADIAN IMPERIAL BANK OF COMMERCE /CAN/ reported revenue of CA$29.13B for fiscal 2025, 13.8% higher than the year before.

Was CANADIAN IMPERIAL BANK OF COMMERCE /CAN/ profitable in fiscal 2025?

Yes. Net income was CA$8.43B, a net margin of 28.9%.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

Open interactive statements, quarterly figures and charts

Back to CANADIAN IMPERIAL BANK OF COMMERCE /CAN/