Canadian Imperial Bank of Commerce financials
Canadian Imperial Bank of Commerce
Country: LU Reporting currency: CAD Latest annual report: 2024-10-31
LEI:
2IGI19DL77OX0HC3ZE78 Financial statements
(CAD, as reported — unscaled; 105 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Employee benefits expense | C$8.26B | C$7.55B |
| Profit before tax | C$9.17B | C$6.97B |
| Income tax expense | C$2.01B | C$1.93B |
| Profit for the year | C$7.15B | C$5.04B |
| — attributable to owners | C$7.12B | C$5.00B |
| — attributable to NCI | C$39.0M | C$38.0M |
| Total comprehensive income | C$8.82B | C$4.91B |
| Per share | ||
| Basic EPS | C$7.29 | C$5.17 |
| Diluted EPS | C$7.28 | C$5.17 |
| Cash flow statement | ||
| Net cash from operating activities | C$11.09B | C$12.15B |
| Net cash from investing activities | -C$20.75B | -C$20.76B |
| Net cash from financing activities | -C$2.61B | -C$2.16B |
| Lease liability payments | C$287.0M | C$331.0M |
| Balance sheet | ||
| Total assets | C$1.04T | C$975.69B |
| Intangible assets & goodwill | C$5.44B | C$5.42B |
| Cash & equivalents | C$8.56B | C$20.82B |
| Total equity | C$59.01B | C$53.16B |
| — attributable to owners | C$58.73B | C$52.93B |
| Non-controlling interests | C$272.0M | C$232.0M |
| Deferred tax liabilities | C$49.0M | C$40.0M |
| Derived metrics | ||
| Return on equity | 12.1% | 9.5% |
| Cash conversion ratio | 1.55× | 2.41× |
| Other reported items | ||
| Accumulated Other Comprehensive Income | C$3.15B | C$1.46B |
| Additional Paidin Capital | C$159.0M | C$109.0M |
| Adjustments For Decrease Increase In Derivative Financial Assets | -C$3.24B | C$9.83B |
| Adjustments For Deferred Tax Expense | -C$244.0M | -C$84.0M |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | C$1.17B | C$1.14B |
| Adjustments For Gain Loss On Disposals Property Plant and Equipment | C$1.0M | C$3.0M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss Loans and Advances | C$2.00B | C$2.01B |
| Adjustments For Income Tax Expense | -C$257.0M | C$361.0M |
| Adjustments For Increase Decrease In Derivative Financial Liabilities | -C$813.0M | -C$10.38B |
| Adjustments For Sharebased Payments | C$16.0M | C$13.0M |
| Bank Acceptance Assets | C$6.0M | C$10.82B |
| Bank Acceptance Liabilities | C$6.0M | C$10.82B |
| Brokerage Fee Income | C$431.0M | C$338.0M |
| Communication Expense | C$362.0M | C$364.0M |
| Comprehensive Income Attributable To Noncontrolling Interests | C$39.0M | C$38.0M |
| Comprehensive Income Attributable To Owners of Parent | C$8.79B | C$4.87B |
| Deferred Tax Assets | C$821.0M | C$647.0M |
| Deposits From Banks | C$20.01B | C$22.30B |
| Derivative Financial Assets | C$36.44B | C$33.24B |
| Derivative Financial Liabilities | C$40.65B | C$41.29B |
| Dividends Paid Ordinary Shares Per Share | C$3.60 | C$3.44 |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | C$2.95B | C$2.26B |
| Dividends Received Classified As Operating Activities | C$1.71B | C$1.15B |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | C$22.0M | C$49.0M |
| Equity and Liabilities | C$1.04T | C$975.69B |
| Gains Losses On Cash Flow Hedges Net of Tax | C$2.35B | -C$222.0M |
| Gains Losses On Exchange Differences On Translation Net of Tax | C$281.0M | C$1.16B |
| Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss | C$386.0M | C$360.0M |
| Gains Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income Net of Tax | C$127.0M | C$274.0M |
| Gains Losses On Hedges of Net Investments In Foreign Operations Net of Tax | -C$267.0M | -C$812.0M |
| Income Tax Relating To Cash Flow Hedges of Other Comprehensive Income | C$590.0M | -C$152.0M |
| Income Tax Relating To Changes In Fair Value of Financial Liability Attributable To Change In Credit Risk of Liability of Other Comprehensive Income | -C$83.0M | -C$38.0M |
| Income Tax Relating To Components of Other Comprehensive Income | C$578.0M | -C$219.0M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | -C$19.0M | -C$107.0M |
| Income Tax Relating To Exchange Differences On Translation of Other Comprehensive Income | C$5.0M | C$26.0M |
| Income Tax Relating To Hedges of Net Investments In Foreign Operations of Other Comprehensive Income | C$0 | -C$26.0M |
| Income Tax Relating To Investments In Equity Instruments of Other Comprehensive Income | -C$4.0M | C$6.0M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | C$68.0M | -C$75.0M |
| Income Taxes Paid Refund Classified As Operating Activities | C$2.51B | C$1.66B |
| Increase Decrease In Cash and Cash Equivalents | -C$12.25B | -C$10.72B |
| Insurance Service Result | C$356.0M | C$347.0M |
| Intangible Assets Other Than Goodwill | C$2.83B | C$2.74B |
| Interest Expense | C$38.49B | C$32.19B |
| Interest Expense On Other Financial Liabilities | C$545.0M | C$412.0M |
| Interest Expense On Repurchase Agreements and Cash Collateral On Securities Lent | C$6.33B | C$4.28B |
| Interest Income On Deposits | C$2.89B | C$2.88B |
| Interest Income On Loans and Receivables | C$33.92B | C$30.23B |
| Interest Income On Reverse Repurchase Agreements and Cash Collateral On Securities Borrowed | C$5.81B | C$4.57B |
| Interest Paid Classified As Operating Activities | C$38.04B | C$29.67B |
| Interest Received Classified As Operating Activities | C$49.76B | C$42.60B |
| Interest Revenue Calculated Using Effective Interest Method | C$48.50B | C$42.50B |
| Interest Revenue Expense | C$13.70B | C$12.82B |
| Investment Accounted For Using Equity Method | C$785.0M | C$669.0M |
| Issued Capital Ordinary Shares | C$17.01B | C$16.08B |
| Occupancy Expense | C$830.0M | C$823.0M |
| Other Adjustments For Noncash Items | -C$1.82B | C$1.82B |
| Other Adjustments To Reconcile Profit Loss | C$6.36B | C$2.61B |
| Other Assets | C$30.86B | C$27.66B |
| Other Comprehensive Income | C$1.67B | -C$131.0M |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | C$1.53B | -C$364.0M |
| Other Comprehensive Income Net of Tax Change In Fair Value of Financial Liability Attributable To Change In Credit Risk of Liability | -C$216.0M | -C$106.0M |
| Other Comprehensive Income Net of Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income | C$100.0M | C$209.0M |
| Other Comprehensive Income Net of Tax Gains Losses From Investments In Equity Instruments | -C$13.0M | C$19.0M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | C$250.0M | -C$240.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | C$21.0M | -C$327.0M |
| Other Liabilities | C$30.16B | C$26.65B |
| Other Revenue | C$317.0M | C$285.0M |
| Portfolio and Other Management Fee Income | C$1.98B | C$1.77B |
| Proceeds From Issue of Ordinary Shares | C$312.0M | C$183.0M |
| Proceeds From Issue of Subordinated Liabilities | C$2.25B | C$1.75B |
| Professional Fees Expense | C$257.0M | C$245.0M |
| Purchase of Financial Instruments Classified As Investing Activities | C$76.53B | C$79.49B |
| Reclassification Adjustments On Cash Flow Hedges Net of Tax | C$813.0M | C$142.0M |
| Reclassification Adjustments On Financial Assets Measured At Fair Value Through Other Comprehensive Income Net of Tax | C$27.0M | C$65.0M |
| Repayments of Subordinated Liabilities | C$1.54B | C$1.50B |
| Restricted Cash and Cash Equivalents | C$466.0M | C$491.0M |
| Retained Earnings | C$33.47B | C$30.35B |
| Revenue From Interest | C$52.19B | C$45.02B |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax | C$113.0M | C$66.0M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | C$79.0M | C$30.0M |
| Shortterm Deposits Not Classified As Cash Equivalents | C$39.50B | C$34.90B |
| Subordinated Liabilities | C$7.46B | C$6.48B |
| Tax Expense Other Than Income Tax Expense | C$128.0M | C$124.0M |
Methodology
Every line item above is a fact tagged in Canadian Imperial Bank of Commerce's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (CAD), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.