Canadian Imperial Bank Of Commerce (CM) Tax Rate (2009 - 2026)

Canadian Imperial Bank Of Commerce has reported Tax Rate for 18 years, with the latest figure at 23.02% in Q2 2026.

• For the quarter ending Q2 2026, Tax Rate rose 27.0% year-over-year to 23.02%; the trailing twelve-month figure through Apr 2026 stood at 19.45% (down 411.0% YoY), and the FY2025 full-year result was 22.72%, up 77.0% from the prior year.
• Tax Rate for Q2 2026 stood at 23.02%, up from 11.45% in the prior quarter.
• The five-year high for Tax Rate was 63.05% in Q1 2023, with the low at 11.45% in Q1 2026.
• Historically, Tax Rate has averaged 23.53% across 5 years, with a median of 22.02% in 2022.
• Annual changes were most pronounced in 2023 — Tax Rate jumped 4093 bps — and 2024, when it plunged 4265 bps.
• Canadian Imperial Bank Of Commerce's Tax Rate stood at 19.33% in 2022, then climbed by 6 bps to 20.42% in 2023, then increased by 7 bps to 21.81% in 2024, then grew by 0 bps to 21.92% in 2025, then climbed by 5 bps to 23.02% in 2026.
• The last three Tax Rate figures came in at 23.02% (Q2 2026), 11.45% (Q1 2026), and 21.92% (Q4 2025), per Business Quant data.