Canadian Imperial Bank Of Commerce (CM) Net Margin (2009 - 2026)
Canadian Imperial Bank Of Commerce (CM) recorded Net Margin of 28.67% in fiscal Q3 2026 (quarter ended Jul 31, 2026), down 0.20 percentage points from 28.87% a year earlier and down 2.02 percentage points from the prior quarter.
Canadian Imperial Bank Of Commerce (CM) Net Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Canadian Imperial Bank Of Commerce's Net Margin came in at 31.30% as of Jul 31, 2026, up 2.45 percentage points year-over-year; for FY2025 (ended Oct 31, 2025), it was 28.93%, up 1.15 percentage points from FY2024.
- Annual Net Margin has a five-year change of +24.31 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Net Margin came in at 27.79% in FY2024 (+6.35 pp), 21.43% in FY2023 (-7.05 pp), 28.49% in FY2022 (-3.63 pp) and 32.12% in FY2021 (+27.50 pp).
- The fiscal Q3 2026 figure is the lowest quarterly Net Margin since fiscal Q2 2025.
- On a year-over-year basis, Net Margin rose in seven of the last eight quarters, with an average year-over-year change of +2.10 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 20.43 percentage points in fiscal Q1 2024, against a drop of 26.75 percentage points in fiscal Q1 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 30.69% (Q2 2026), 36.83% (Q1 2026) and 28.70% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 36.19% |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 27.72% |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 25.46% |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 32.50% |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 31.46% |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 27.23% |
| 10 | Canadian Imperial Bank Of Commerce | 102.04 Bn | 61.47 Bn | - | 28.67% |
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% |
Canadian Imperial Bank Of Commerce Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=CM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "CM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=CM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();