Canadian Imperial Bank Of Commerce (CM) Research & Development (2009 - 2026)
Canadian Imperial Bank Of Commerce's (CM) quarterly Research & Development came in at $68.9 million in Q3 2026, down 4.44% on a YoY basis from $72.1 million in Q3 2025, and down 8.37% quarter-over-quarter from $75.1 million in Q2 2026.
Analysis
Canadian Imperial Bank Of Commerce (CM) Research & Development (2009 - 2026) Analysis & Trends
Canadian Imperial Bank Of Commerce (CM) has reported Research & Development for 18 consecutive years, with $68.9 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Research & Development fell 4.44% year-over-year to $68.9 million; the trailing twelve-month figure through Jul 2026 stood at $283.8 million (up 2.11% YoY), and the FY2025 full-year result was $284.7 million, up 7.42% from the prior year.
- Research & Development slipped to $68.9 million in Q3 2026 per CM's latest filing, from $75.1 million in the prior quarter.
- Across five years, Research & Development topped out at $75.1 million in Q2 2026 and bottomed at $63.2 million in Q1 2022.
- Historically, Research & Development has averaged $68.7 million across 5 years, with a median of $68.9 million in 2026.
- The widest YoY moves for Research & Development: up 13.12% in 2022, down 11.83% in 2022.
- Over 5 years, Research & Development stood at $67.0 million in 2022, then climbed by 0.16% to $67.1 million in 2023, then dropped by 2.89% to $65.2 million in 2024, then climbed by 6.18% to $69.2 million in 2025, then slipped by 0.51% to $68.9 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $68.9 million, $75.1 million, and $70.6 million for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 1.92 Bn |
| 2 | Morgan Stanley | 330.57 Bn | 170.43 Bn | - | 1.20 Bn |
| 3 | Goldman Sachs | 305.73 Bn | -670.62 Bn | - | 635.00 Mn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | - |
| 5 | Royal Bank Of Canada | 290.20 Bn | 63.31 Bn | - | 284.73 Mn |
| 6 | Wells Fargo & Company | 272.00 Bn | 68.03 Bn | - | - |
| 7 | American Express | 217.39 Bn | 168.07 Bn | 17.99 Bn | 1.76 Bn |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 207.43 Bn | 46.10 Bn | - | - |
| 10 | Canadian Imperial Bank Of Commerce | 107.10 Bn | 96.11 Bn | - | 68.85 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 68.85 Mn |
| Apr 30, 2026 | 75.14 Mn |
| Jan 31, 2026 | 70.62 Mn |
| Oct 31, 2025 | 69.20 Mn |
| Jul 31, 2025 | 72.05 Mn |
| Apr 30, 2025 | 73.08 Mn |
| Jan 31, 2025 | 67.62 Mn |
| Oct 31, 2024 | 65.17 Mn |
| Jul 31, 2024 | 66.46 Mn |
| Apr 30, 2024 | 70.80 Mn |
| Jan 31, 2024 | 63.62 Mn |
| Oct 31, 2023 | 67.11 Mn |
| Jul 31, 2023 | 65.93 Mn |
| Apr 30, 2023 | 70.95 Mn |
| Jan 31, 2023 | 65.98 Mn |
| Oct 31, 2022 | 67.01 Mn |
| Jul 31, 2022 | 69.98 Mn |
| Apr 30, 2022 | 73.43 Mn |
| Jan 31, 2022 | 63.21 Mn |
| Oct 31, 2021 | 76.00 Mn |