Canadian Imperial Bank of Commerce (CM) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	62.8B	62.0B	64.0B	55.5B	31.3B
Cost of Revenue	32.9B	35.3B	40.5B	34.2B	10.5B
Gross Profit	29.8B	26.7B	23.5B	21.3B	20.8B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	11.6B	9.7B	8.6B	7.9B	7.5B
General & Admin Expense	11.2B	9.3B	8.3B	7.5B	7.2B
Selling & Marketing Expense	322.0M	398.0M	344.0M	304.0M	334.0M
Other Expenses	5.7B	6.1B	5.8B	6.5B	5.3B
Total Operating Expenses	17.3B	15.7B	14.4B	14.3B	12.8B
Cost and Expenses	50.2B	51.1B	54.9B	48.5B	23.3B
Operating Income (EBIT)	12.6B	10.9B	9.2B	7.0B	8.0B
Non-Operating
Interest Income	47.9B	48.8B	52.2B	45.0B	22.2B
Interest Expense	30.6B	33.0B	38.5B	32.2B	9.5B
Net Interest Income	17.3B	15.8B	13.7B	12.8B	12.6B
Other Non-Op Income/Expense	(115.1M)	—	—	—	—
Non-Operating Income (excl Interest)	115.1M	—	—	—	—
EBT (Pre-Tax Income)	12.5B	10.9B	9.2B	7.0B	8.0B
Income Tax Expense	2.5B	2.5B	2.0B	1.9B	1.7B
Bottom Line
Net Income	10.1B	8.4B	7.1B	5.0B	6.2B
Earnings from Cont. Ops	10.0B	8.5B	7.2B	5.0B	6.2B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	9.7B	8.1B	6.9B	4.7B	6.0B
Per Share
Basic EPS	$10.50	$8.62	$7.29	$5.17	$6.70
Diluted EPS	$10.44	$8.57	$7.28	$5.17	$6.68
Revenue Per Share	$96.61	$66.29	$68.15	$60.61	$34.65
Shares
Basic Shares Outstanding	649.9M	935.4M	939.4M	915.6M	903.3M
Diluted Shares Outstanding	655.3M	940.7M	941.7M	916.2M	905.7M
Profitability Metrics
EBITDA	13.4B	12.1B	10.3B	8.1B	9.0B
D&A	927.5M	1.2B	1.2B	1.1B	1.0B
EBIT	12.5B	10.9B	9.2B	7.0B	8.0B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jul 1, 2026