CANADIAN IMPERIAL BANK OF COMMERCE /CAN/ (CM) Company Report

CIBC reported record revenues of CAD 29 billion, up 14%, and net earnings of CAD 8.5 billion for fiscal year 2025, with adjusted earnings per share of CAD 8.61, up 16% from the prior year.
The bank achieved a return on equity (ROE) of 14.4% for fiscal 2025 and 14.1% for Q4 2025, with a commitment to reach an ROE above 15% in fiscal 2026.
For Q4 2025, adjusted earnings per share were CAD 2.21, and total provisions for credit losses were CAD 605 million.
CIBC announced a 10% increase to its quarterly dividend and returned over CAD 5 billion to shareholders through dividends and share repurchases in fiscal 2025.
The CET1 ratio was 13.3% at the end of Q4 2025, with an anticipated 25 basis points increase in Q2 2026 from an operational RWA adjustment.

15 hours ago

CIBC Reports Strong Fiscal 2025 Results and Raises Dividend

Earnings

Dividends

Guidance Update

CIBC reported strong fiscal 2025 results, with net earnings of CAD 8.5 billion and EPS of CAD 8.61, marking a 16% increase from the prior year, driven by record revenues of CAD 29 billion, up 14%.
The bank achieved an adjusted Return on Equity (ROE) of 14.4% for fiscal 2025 and 14.1% for Q4 2025, and announced a 10% increase to its quarterly dividend.
For Q4 2025, adjusted EPS was CAD 2.21, with total provisions for credit losses at CAD 605 million and an impaired PCL ratio of 33 basis points for the full fiscal year.
CIBC maintains a robust CET1 ratio of 13.3% and anticipates an additional 25 basis point increase in Q2 2026 from an operational RWA adjustment.
Looking ahead, the bank expects to achieve an ROE above 15% in fiscal 2026, with EPS growth at the high end or higher than its 7%-10% medium-term target, and projects impaired provisions to stabilize in the mid to low 30 basis point range.

17 hours ago

CM Reports Strong Fiscal 2025 Results and Increases Dividend

Earnings

Dividends

Guidance Update

CM reported strong financial performance for fiscal year 2025, with net earnings of CAD 8.5 billion and earnings per share of CAD 8.61, up 17% and 16% respectively from the prior year, alongside record revenues of CAD 29 billion, up 14%.
The company delivered a return on equity of 14.4% for fiscal 2025 and 14.1% for Q4 2025, both up 70 basis points from the prior year/quarter.
CM announced a 10% increase to its quarterly dividend and returned over CAD 5 billion to shareholders in fiscal 2025 through dividends and share repurchases.
Credit quality remained resilient, with an impaired PCL ratio of 33 basis points for fiscal 2025, and the company anticipates impaired provisions to stabilize in the mid to low 30 basis point range for 2026.
The company's strategy remains consistent, focusing on client-centric growth, digital leadership, and leveraging its connected platform, with continued investment in technology and AI.

18 hours ago

CIBC Increases Dividends for Q1 2026

Dividends

CANADIAN IMPERIAL BANK OF COMMERCE (CIBC) announced a common share dividend of $1.07 per share for the quarter ending January 31, 2026.
This dividend reflects an increase of $0.10 per share from the previous quarter.
The dividend is payable on January 28, 2026, to shareholders of record at the close of business on December 29, 2025.
Additionally, a dividend of $0.367375 per share was declared for Class A Preferred Shares, Series 47, for the same period.

19 hours ago

CIBC Announces Fourth Quarter and Fiscal 2025 Results

Earnings

Dividends

CIBC reported strong financial performance for the fourth quarter of 2025, with revenue increasing 14% year-over-year to $7,576 million and reported diluted earnings per share (EPS) rising 16% year-over-year to $2.20.
For the full fiscal year 2025, the company achieved net income of $8.5 billion and adjusted net income of $8.5 billion, compared with $7.2 billion and $7.3 billion respectively in 2024.
CIBC maintained a strong capital position, with a Common Equity Tier 1 (CET1) Ratio of 13.3% as of October 31, 2025.
The company announced an increase in its quarterly common share dividend from $0.97 to $1.07 per share for the quarter ending January 31, 2026.

19 hours ago

CANADIAN IMPERIAL BANK OF COMMERCE /CAN/ Discusses CEO Transition and Strategic Priorities

CEO Change

Share Buyback

New Projects/Investments

CANADIAN IMPERIAL BANK OF COMMERCE /CAN/ (CM) is undergoing a CEO transition, with Harry Colm taking over from Victor Dodig.
The company has demonstrated strong financial performance, with total shareholder returns near the top of tables on a one, three, five, and ten-year basis, and has set a target for Return on Equity (ROE) of north of 15%.
Strategic priorities under the new CEO include a focus on organic growth, continued investment in modernization, and flexible capital deployment including share buybacks and tuck-in acquisitions.
The U.S. business has grown significantly, now contributing one in every $5 of profits, with wealth management assets now in the $100 billion zone.
CM is actively embracing technology and AI, having trained 48,000 team members in AI, with applications focused on improving efficiency, enhancing defense against fraud, and driving future growth.

Sep 3, 2025, 4:24 PM

CANADIAN IMPERIAL BANK OF COMMERCE Reports Strong Q3 2025 Results and Announces CEO Transition

Earnings

Share Buyback

CEO Change

CANADIAN IMPERIAL BANK OF COMMERCE reported strong Q3 2025 financial results, with net income of $2.1 billion, up 11% year-over-year, and adjusted earnings per share of $2.16, up 12%. The bank achieved its eighth consecutive quarter of positive operating leverage and an adjusted return on equity (ROE) of 14.2%, marking the fifth consecutive quarter of year-over-year ROE improvement.
The bank maintained a robust capital position with a CET1 ratio of 13.4% and repurchased 5.5 million common shares during the quarter, completing its normal course issuer bid (NCIB) for 20 million shares. A new NCIB for 2% of outstanding common shares has been announced.
Credit portfolios performed well, with total provisions for credit losses at $559 million in Q3 2025, and the gross impaired loan ratio decreased to 56 basis points. The bank expects margins to continue to move gradually higher and remains focused on achieving its ROE target of 15% plus over the medium term.
CEO Victor Dodig announced that this was his final earnings call, with Harry Cullum set to take over as CEO on November 1.

Aug 28, 2025, 10:19 PM

Earnings Transcripts

Quarterly earnings call transcripts for CANADIAN IMPERIAL BANK OF COMMERCE /CAN/.

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