Financials Canadian Imperial Bank of Commerce

Equities

CM

CA1360691010

Banks

Delayed Toronto S.E. Other stock markets 12:31:38 2025-11-13 pm EST			5-day change	1st Jan Change
121.54 ^CAD	-0.29%		+2.34%	+33.62%

Nov. 12	RBC Previews Canadian Banks' Q4	MT
Nov. 07	CIBC's Week Ahead Market Call For Canada	MT

Projected Income Statement: Canadian Imperial Bank of Commerce

Fiscal Period: October	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	18,741	20,015	21,833	23,357	25,606	28,748	29,388	30,007
Change	-	6.8%	9.08%	6.98%	9.63%	12.27%	2.22%	2.11%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	8,176	8,480	9,030	10,184	11,326	13,070	13,399	13,628
Change	-	3.72%	6.49%	12.78%	11.21%	15.4%	2.52%	1.71%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	4,890	8,322	7,973	6,964	9,166	10,658	10,904	11,565
Change	-	70.18%	-4.19%	-12.66%	31.62%	16.28%	2.3%	6.06%
Net income ¹	3,790	6,429	6,220	4,995	7,115	7,912	8,147	8,625
Change	-	69.63%	-3.25%	-19.69%	42.44%	11.2%	2.97%	5.87%
Announcement Date	12/3/20	12/2/21	12/1/22	11/30/23	12/5/24	-	-	-

¹CAD in Million

Estimates

Fiscal Period: October	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3
Net sales ¹	4,600	4,963	4,932	5,056	5,064	5,498	5,376	5,571	5,388	5,927	5,702	5,884	5,844	6,221	6,164	6,604	6,617	7,281	7,022	7,254	7,211	7,317	7,173	7,387	7,432	7,640	7,422	7,661
Change	-	7.89%	-0.62%	2.51%	0.16%	8.57%	-2.22%	3.63%	-3.28%	10%	-3.8%	3.19%	-0.68%	6.45%	-0.92%	7.14%	0.2%	10.03%	-3.56%	3.3%	-0.59%	1.46%	-1.96%	2.99%	0.61%	2.79%	-2.85%	3.23%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	1,987	2,257	2,196	2,243	1,929	2,508	2,262	2,388	1,905	2,660	2,475	2,600	2,449	2,862	2,690	2,939	2,835	3,415	3,214	3,278	3,181	3,440	3,278	3,383	3,281	-	-	-
Change	-	13.59%	-2.7%	2.14%	-14%	30.02%	-9.81%	5.57%	-20.23%	39.63%	-6.95%	5.05%	-5.81%	16.86%	-6.01%	9.26%	-3.54%	20.46%	-5.89%	1.99%	-2.97%	8.15%	-4.71%	3.2%	-3.02%	-	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	1,418	2,090	2,144	2,237	1,851	2,400	1,959	2,145	1,469	1,170	2,124	1,807	1,863	2,171	2,149	2,439	-	2,830	2,598	2,719	2,640	2,775	2,730	2,864	2,868	2,831	2,767	2,882
Change	-	47.39%	2.58%	4.34%	-17.26%	29.66%	-18.38%	9.49%	-31.52%	-20.35%	81.54%	-14.92%	3.1%	16.53%	-1.01%	13.49%	-	-	-8.2%	4.66%	-2.9%	5.1%	-1.62%	4.93%	0.1%	-1.27%	-2.26%	4.16%
Net income ¹	1,015	1,621	1,647	1,730	1,436	1,864	1,518	1,660	1,178	423	1,677	1,420	1,475	1,716	1,739	1,786	1,874	2,163	1,998	2,094	1,947	2,164	2,089	2,196	2,192	2,194	2,106	2,244
Change	-	59.7%	1.6%	5.04%	-16.99%	29.81%	-18.56%	9.35%	-29.04%	-64.09%	296.45%	-15.32%	3.87%	16.34%	1.34%	2.7%	4.93%	15.42%	-7.63%	4.8%	-7%	11.12%	-3.44%	5.12%	-0.18%	0.07%	-4.01%	6.55%
Announcement Date	12/3/20	2/25/21	5/27/21	8/26/21	12/2/21	2/25/22	5/26/22	8/25/22	12/1/22	2/24/23	5/25/23	8/31/23	11/30/23	2/29/24	5/30/24	8/29/24	12/5/24	2/27/25	5/29/25	8/28/25	-	-	-	-	-	-	-	-

¹CAD in Million

Estimates

Forecast Balance Sheet: Canadian Imperial Bank of Commerce

Fiscal Period: October	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	12/3/20	12/2/21	12/1/22	11/30/23	12/5/24	-	-	-

Estimates

Cash Flow Forecast: Canadian Imperial Bank of Commerce

Fiscal Period: October	2019	2020	2021	2022	2023	2024
CAPEX ¹	272	309	839	1,109	1,014	1,089
Change	-	13.6%	171.52%	32.18%	-8.57%	7.4%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	12/5/19	12/3/20	12/2/21	12/1/22	11/30/23	12/5/24

¹CAD in Million

Estimates

Forecast Financial Ratios: Canadian Imperial Bank of Commerce

Fiscal Period: October	2019	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	43.63%	42.37%	41.36%	43.6%	44.23%	45.46%	45.59%	45.42%
EBT Margin (%)	-	26.09%	41.58%	36.52%	29.82%	35.8%	37.08%	37.1%	38.54%
Net margin (%)	-	20.22%	32.12%	28.49%	21.39%	27.79%	27.52%	27.72%	28.74%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	0.52%	0.8%	0.69%	0.53%	0.71%	0.73%	0.73%	0.73%
ROE	-	11.7%	16.7%	14.7%	13.3%	13.7%	14.27%	14.33%	14.68%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	2.91	2.92	3.27	3.44	3.6	3.893	4.062	4.367
Change	-	-	0.34%	11.99%	5.2%	4.65%	8.14%	4.35%	7.49%
Book Value Per Share ¹	-	42.02	45.83	49.95	51.61	57.08	61.01	65.18	69.21
Change	-	-	9.05%	8.99%	3.32%	10.6%	6.89%	6.83%	6.18%
EPS ¹	-	4.11	6.965	6.68	5.16	7.28	8.39	8.803	9.442
Change	-	-	69.46%	-4.09%	-22.75%	41.09%	15.25%	4.91%	7.27%
Nbr of stocks (in thousands)	-	891,989	900,625	904,657	924,480	944,552	929,487	929,487	929,487
Announcement Date	-	12/3/20	12/2/21	12/1/22	11/30/23	12/5/24	-	-	-