Canadian Imperial Bank Of Commerce (CM) Interest Coverage Ratio (2009 - 2026)
Canadian Imperial Bank Of Commerce's (CM) quarterly Interest Coverage Ratio came in at 1.4 in Q3 2026, up 251.32% on a YoY basis from 0.4 in Q3 2025, and down 3.12% quarter-over-quarter from 1.44 in Q2 2026.
Analysis
Canadian Imperial Bank Of Commerce (CM) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Canadian Imperial Bank Of Commerce (CM) has reported Interest Coverage Ratio for 18 consecutive years, with 1.4 the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Interest Coverage Ratio rose 251.32% year-over-year to 1.4; the trailing twelve-month figure through Jul 2026 stood at 1.17 (up 104.44% YoY), and the FY2025 full-year result was 1.33, up 361.79% from the prior year.
- Interest Coverage Ratio retreated to 1.4 in Q3 2026 per CM's latest filing, from 1.44 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 3.97 in Q1 2022 and bottomed at 0.2 in Q1 2023.
- Historically, Interest Coverage Ratio has averaged 0.95 across 5 years, with a median of 0.4 in 2025.
- The sharpest annual moves came in 2023 and 2026: Interest Coverage Ratio plunged 94.93% in 2023, then surged 291.34% in 2026.
- Over 5 years, Interest Coverage Ratio stood at 0.37 in 2022, then slumped by 31.27% to 0.25 in 2023, then grew by 14.31% to 0.29 in 2024, then soared by 44.13% to 0.42 in 2025, then jumped by 235.76% to 1.4 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1.4, 1.44, and 1.47 for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 0.66 |
| 2 | Morgan Stanley | 330.57 Bn | 170.43 Bn | - | 1.56 |
| 3 | Goldman Sachs | 305.73 Bn | -670.62 Bn | - | 1.47 |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | 3.44 |
| 5 | Royal Bank Of Canada | 290.20 Bn | 63.31 Bn | - | 1.43 |
| 6 | Wells Fargo & Company | 272.00 Bn | 68.03 Bn | - | 1.73 |
| 7 | American Express | 217.39 Bn | 168.07 Bn | 17.99 Bn | 1.79 |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | 0.30 |
| 9 | Toronto Dominion Bank | 207.43 Bn | 46.10 Bn | - | 0.25 |
| 10 | Canadian Imperial Bank Of Commerce | 107.10 Bn | 96.11 Bn | - | 1.40 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.40 |
| Apr 30, 2026 | 1.44 |
| Jan 31, 2026 | 1.47 |
| Oct 31, 2025 | 0.42 |
| Jul 31, 2025 | 0.40 |
| Apr 30, 2025 | 1.32 |
| Jan 31, 2025 | 0.37 |
| Oct 31, 2024 | 0.29 |
| Jul 31, 2024 | 0.29 |
| Apr 30, 2024 | 1.23 |
| Jan 31, 2024 | 0.29 |
| Oct 31, 2023 | 0.25 |
| Jul 31, 2023 | 0.30 |
| Apr 30, 2023 | 0.34 |
| Jan 31, 2023 | 0.20 |
| Oct 31, 2022 | 0.37 |
| Jul 31, 2022 | 1.84 |
| Apr 30, 2022 | 1.91 |
| Jan 31, 2022 | 3.97 |
| Oct 31, 2021 | 3.45 |