Canadian Imperial Bank Of Commerce /Can/ (CM) Operating Expenses (2009 - 2026)
Canadian Imperial Bank Of Commerce (CM) recorded Operating Expenses of $3.36 billion in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 16.1% from $2.89 billion a year earlier and up 9.7% from the prior quarter.
Canadian Imperial Bank Of Commerce /Can/ (CM) Operating Expenses (2009 - 2026) Analysis & Trends
On a TTM basis, Canadian Imperial Bank Of Commerce's Operating Expenses came in at $12.56 billion as of Jul 31, 2026, up 13.3% year-over-year; for FY2025 (ended Oct 31, 2025), it came in at $11.43 billion, up 8.1% from FY2024.
- Annual Operating Expenses has a five-year compound annual growth rate of 5.9% (FY2020 to FY2025).
- Across earlier fiscal years, Operating Expenses came in at $10.57 billion in FY2024 (-0.1%), $10.58 billion in FY2023 (+9.8%), $9.64 billion in FY2022 (-16.4%) and $11.54 billion in FY2021 (+34.2%).
- The fiscal Q3 2026 figure is the highest quarterly Operating Expenses in data going back to fiscal Q1 2009.
- On a year-over-year basis, Operating Expenses has increased for ten consecutive quarters, with growth averaging 10.1% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 43.4% in fiscal Q4 2021, against a decline of 22.5% in fiscal Q1 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $3.06 billion (Q2 2026), $3.12 billion (Q1 2026) and $3.01 billion (Q4 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 3.36 Bn |
| Apr 30, 2026 | 3.06 Bn |
| Jan 31, 2026 | 3.12 Bn |
| Oct 31, 2025 | 3.01 Bn |
| Jul 31, 2025 | 2.89 Bn |
| Apr 30, 2025 | 2.68 Bn |
| Jan 31, 2025 | 2.73 Bn |
| Oct 31, 2024 | 2.78 Bn |
| Jul 31, 2024 | 2.69 Bn |
| Apr 30, 2024 | 2.58 Bn |
| Jan 31, 2024 | 2.56 Bn |
| Oct 31, 2023 | 2.54 Bn |
| Jul 31, 2023 | 2.48 Bn |
| Apr 30, 2023 | 2.32 Bn |
| Jan 31, 2023 | 3.31 Bn |
| Oct 31, 2022 | 2.62 Bn |
| Jul 31, 2022 | 2.47 Bn |
| Apr 30, 2022 | 2.46 Bn |
| Jan 31, 2022 | 2.39 Bn |
| Oct 31, 2021 | 3.14 Bn |
Canadian Imperial Bank Of Commerce /Can/ Operating Expenses 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=operating-expenses&ticker=CM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=CM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();