Canadian Imperial Bank Of Commerce CM
NYSE CM
$114.47 -0.49 (-0.43%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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