Canadian Imperial Bank Of Commerce (CM) Net Margin (2009 - 2026)
Canadian Imperial Bank Of Commerce's (CM) quarterly Net Margin came in at 28.67% in Q3 2026, down 20.0% on a YoY basis from 35.84% in Q3 2025, and down 6.58% quarter-over-quarter from 30.69% in Q2 2026.
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Canadian Imperial Bank Of Commerce (CM) Net Margin (2009 - 2026) Analysis & Trends
Canadian Imperial Bank Of Commerce (CM) has reported Net Margin for 18 consecutive years, with 28.67% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Net Margin fell 20.0% year-over-year to 28.67%; the trailing twelve-month figure through Jul 2026 stood at 31.3% (up 245.0% YoY), and the FY2025 full-year result was 29.05%, up 80.0% from the prior year.
- Net Margin slipped to 28.67% in Q3 2026 per CM's latest filing, from 30.69% in the prior quarter.
- Across five years, Net Margin topped out at 36.83% in Q1 2026 and bottomed at 7.15% in Q1 2023.
- Historically, Net Margin has averaged 27.53% across 5 years, with a median of 28.45% in 2025.
- The sharpest annual moves came in 2023 and 2024: Net Margin plunged 2675 bps in 2023, then surged 2043 bps in 2024.
- Over 5 years, Net Margin stood at 21.86% in 2022, then rose by 16 bps to 25.26% in 2023, then climbed by 12 bps to 28.32% in 2024, then advanced by 1 bps to 28.7% in 2025, then dropped by 0 bps to 28.67% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 28.67%, 30.69%, and 36.83% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 27.72% |
| 2 | Morgan Stanley | 330.57 Bn | 170.43 Bn | - | 25.46% |
| 3 | Goldman Sachs | 305.73 Bn | -670.62 Bn | - | 31.46% |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | - |
| 5 | Royal Bank Of Canada | 290.20 Bn | 63.31 Bn | - | 32.48% |
| 6 | Wells Fargo & Company | 272.00 Bn | 68.03 Bn | - | 27.23% |
| 7 | American Express | 217.39 Bn | 168.07 Bn | 17.99 Bn | 15.84% |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | 11.41% |
| 9 | Toronto Dominion Bank | 207.43 Bn | 46.10 Bn | - | 26.78% |
| 10 | Canadian Imperial Bank Of Commerce | 107.10 Bn | 96.11 Bn | - | 22.99% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 28.67% |
| Apr 30, 2026 | 30.69% |
| Jan 31, 2026 | 36.83% |
| Oct 31, 2025 | 28.70% |
| Jul 31, 2025 | 28.87% |
| Apr 30, 2025 | 28.45% |
| Jan 31, 2025 | 29.71% |
| Oct 31, 2024 | 28.32% |
| Jul 31, 2024 | 27.04% |
| Apr 30, 2024 | 28.21% |
| Jan 31, 2024 | 27.58% |
| Oct 31, 2023 | 25.26% |
| Jul 31, 2023 | 24.30% |
| Apr 30, 2023 | 29.42% |
| Jan 31, 2023 | 7.15% |
| Oct 31, 2022 | 21.86% |
| Jul 31, 2022 | 29.80% |
| Apr 30, 2022 | 28.24% |
| Jan 31, 2022 | 33.90% |
| Oct 31, 2021 | 28.36% |