Canadian Imperial Bank Of Commerce /Can/ (CM) Tax Rate (2009 - 2026)
Canadian Imperial Bank Of Commerce (CM) posted Tax Rate of 22.76% for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 0.15 percentage points from 22.91% a year earlier and down 0.25 percentage points from the prior quarter.
Canadian Imperial Bank Of Commerce /Can/ (CM) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Tax Rate at Canadian Imperial Bank Of Commerce was 19.51%, down 3.21 percentage points year-over-year; for FY2025 (ended Oct 31, 2025), it was 22.72%, up 0.77 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +0.26 percentage points (FY2020 to FY2025).
- In prior fiscal years, Canadian Imperial Bank Of Commerce's Tax Rate was 21.95% in FY2024 (-5.78 pp), 27.74% in FY2023 (+6.04 pp), 21.70% in FY2022 (-0.84 pp) and 22.54% in FY2021 (+0.09 pp).
- Quarterly Tax Rate has run from a low of 11.45% in fiscal Q1 2026 to a high of 63.05% in fiscal Q1 2023 over five years.
- On a year-over-year basis, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of -0.84 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was fiscal Q1 2023, with a gain of 40.93 percentage points; the weakest was fiscal Q1 2024, with a drop of 42.65 percentage points.
- According to Business Quant data, Tax Rate for the three prior fiscal quarters was 23.02% (Q2 2026), 11.45% (Q1 2026) and 21.92% (Q4 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 22.76% |
| Apr 30, 2026 | 23.02% |
| Jan 31, 2026 | 11.45% |
| Oct 31, 2025 | 21.92% |
| Jul 31, 2025 | 22.91% |
| Apr 30, 2025 | 22.75% |
| Jan 31, 2025 | 23.29% |
| Oct 31, 2024 | 21.81% |
| Jul 31, 2024 | 26.40% |
| Apr 30, 2024 | 18.61% |
| Jan 31, 2024 | 20.41% |
| Oct 31, 2023 | 20.42% |
| Jul 31, 2023 | 20.84% |
| Apr 30, 2023 | 20.56% |
| Jan 31, 2023 | 63.05% |
| Oct 31, 2022 | 19.33% |
| Jul 31, 2022 | 22.33% |
| Apr 30, 2022 | 22.26% |
| Jan 31, 2022 | 22.13% |
| Oct 31, 2021 | 22.20% |
Canadian Imperial Bank Of Commerce /Can/ Tax Rate 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=tax-rate&ticker=CM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=CM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();