Canadian Imperial Bank Of Commerce (CM) Tax Provisions (2009 - 2026)
Canadian Imperial Bank Of Commerce's (CM) quarterly Tax Provisions came in at $509.2 million in Q3 2026, up 12.31% on a YoY basis from $453.4 million in Q3 2025, and down 5.29% quarter-over-quarter from $537.6 million in Q2 2026.
Analysis
Canadian Imperial Bank Of Commerce (CM) Tax Provisions (2009 - 2026) Analysis & Trends
Canadian Imperial Bank Of Commerce (CM) has reported Tax Provisions for 18 consecutive years, with $509.2 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Tax Provisions rose 12.31% year-over-year to $509.2 million; the trailing twelve-month figure through Jul 2026 stood at $1.8 billion (up 3.47% YoY), and the FY2025 full-year result was $1.8 billion, up 21.58% from the prior year.
- Tax Provisions retreated to $509.2 million in Q3 2026 per CM's latest filing, from $537.6 million in the prior quarter.
- Across five years, Tax Provisions topped out at $547.9 million in Q1 2023 and bottomed at $213.8 million in Q4 2022.
- Historically, Tax Provisions has averaged $388.0 million across 5 years, with a median of $384.5 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Tax Provisions sank 47.98% in 2022, then soared 66.51% in 2024.
- Over 5 years, Tax Provisions stood at $213.8 million in 2022, then surged by 31.41% to $281.0 million in 2023, then soared by 36.82% to $384.5 million in 2024, then advanced by 14.76% to $441.2 million in 2025, then climbed by 15.42% to $509.2 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $509.2 million, $537.6 million, and $288.9 million for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 2.49 Bn |
| 2 | Morgan Stanley | 330.57 Bn | 170.43 Bn | - | 1.70 Bn |
| 3 | Goldman Sachs | 305.73 Bn | -670.62 Bn | - | 1.94 Bn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | 1.70 Bn |
| 5 | Royal Bank Of Canada | 290.20 Bn | 63.31 Bn | - | 1.24 Bn |
| 6 | Wells Fargo & Company | 272.00 Bn | 68.03 Bn | - | 1.40 Bn |
| 7 | American Express | 217.39 Bn | 168.07 Bn | 17.99 Bn | 961.00 Mn |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 207.43 Bn | 46.10 Bn | - | 883.59 Mn |
| 10 | Canadian Imperial Bank Of Commerce | 107.10 Bn | 96.11 Bn | - | 509.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 509.21 Mn |
| Apr 30, 2026 | 537.65 Mn |
| Jan 31, 2026 | 288.95 Mn |
| Oct 31, 2025 | 441.18 Mn |
| Jul 31, 2025 | 453.41 Mn |
| Apr 30, 2025 | 415.31 Mn |
| Jan 31, 2025 | 464.22 Mn |
| Oct 31, 2024 | 384.45 Mn |
| Jul 31, 2024 | 470.32 Mn |
| Apr 30, 2024 | 295.01 Mn |
| Jan 31, 2024 | 327.70 Mn |
| Oct 31, 2023 | 280.99 Mn |
| Jul 31, 2023 | 282.45 Mn |
| Apr 30, 2023 | 322.96 Mn |
| Jan 31, 2023 | 547.89 Mn |
| Oct 31, 2022 | 213.82 Mn |
| Jul 31, 2022 | 372.44 Mn |
| Apr 30, 2022 | 344.25 Mn |
| Jan 31, 2022 | 419.53 Mn |
| Oct 31, 2021 | 411.00 Mn |