Canadian Imperial Bank Of Commerce (CM) Gross Margin (2013 - 2025)
Canadian Imperial Bank Of Commerce's (CM) quarterly Gross Margin came in at 98.86% in Q4 2025, down 28.0% on a YoY basis from 137.3% in Q4 2024, and little changed quarter-over-quarter from 98.86% in Q3 2025.
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Canadian Imperial Bank Of Commerce (CM) Gross Margin (2013 - 2025) Analysis & Trends
Canadian Imperial Bank Of Commerce (CM) has reported Gross Margin for 10 consecutive years, with 98.86% the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Gross Margin fell 28.0% year-over-year to 98.86%; the trailing twelve-month figure through Oct 2025 stood at 98.58% (up 82.0% YoY), and the FY2024 full-year result was 99.78%, up 8.0% from the prior year.
- Gross Margin was little changed at 98.86% in Q4 2025 per CM's latest filing, from 98.86% in the prior quarter.
- Across five years, Gross Margin topped out at 99.18% in Q1 2025 and bottomed at 98.77% in Q4 2022.
- Historically, Gross Margin has averaged 98.99% across 4 years, with a median of 98.98% in 2022.
- The sharpest annual moves came in 2024 and 2025: Gross Margin surged 33 bps in 2024, then retreated 28 bps in 2025.
- Over 4 years, Gross Margin stood at 98.77% in 2022, then advanced by 0 bps to 98.8% in 2023, then climbed by 0 bps to 99.14% in 2024, then retreated by 0 bps to 98.86% in 2025.
- According to Business Quant data, Gross Margin over the past three periods registered 98.86%, 98.86%, and 99.18% for Q4 2025, Q3 2025, and Q1 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 96.31% |
| 2 | Morgan Stanley | 330.57 Bn | 170.43 Bn | - | - |
| 3 | Goldman Sachs | 305.73 Bn | -670.62 Bn | - | - |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | - |
| 5 | Royal Bank Of Canada | 290.20 Bn | 63.31 Bn | - | - |
| 6 | Wells Fargo & Company | 272.00 Bn | 68.03 Bn | - | - |
| 7 | American Express | 217.39 Bn | 168.07 Bn | 17.99 Bn | 91.60% |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | 78.17% |
| 9 | Toronto Dominion Bank | 207.43 Bn | 46.10 Bn | - | - |
| 10 | Canadian Imperial Bank Of Commerce | 107.10 Bn | 96.11 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 31, 2025 | 98.86% |
| Jul 31, 2025 | 98.86% |
| Jan 31, 2025 | 99.18% |
| Oct 31, 2024 | 99.14% |
| Jul 31, 2024 | 98.85% |
| Jan 31, 2024 | 99.16% |
| Oct 31, 2023 | 98.80% |
| Jul 31, 2023 | 98.86% |
| Apr 30, 2023 | 99.11% |
| Jan 31, 2023 | 99.17% |
| Oct 31, 2022 | 98.77% |
| Apr 30, 2022 | 99.11% |
| Jul 31, 2018 | 98.41% |
| Apr 30, 2018 | 98.40% |
| Jan 31, 2018 | 98.49% |
| Jul 31, 2017 | 98.43% |
| Apr 30, 2017 | 98.34% |
| Jan 31, 2017 | 98.13% |
| Jul 31, 2016 | 98.68% |
| Apr 30, 2016 | 98.09% |