Financials Canadian Imperial Bank of Commerce

Equities

CM

CA1360691010

Banks

Market Closed - Toronto S.E. Other stock markets 04:15:59 2024-12-06 pm EST			5-day change	1st Jan Change
94.35 ^CAD	+0.87%		+3.82%	+47.88%

Dec. 06	CANADA ECONOMICS FEATURE: CIBC's Shenfeld Says "Why Not?" To Second Straight 50 BPS Cut Next Week	MT
Dec. 06	CIBC's Week Ahead Market Call For Canada	MT

Projected Income Statement: Canadian Imperial Bank of Commerce

income-statement-evolution-chart CANADIAN-IMPERIAL-BANK-OF

Fiscal Period: oktober	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	18,741	20,015	21,833	23,357	25,606	27,259	28,559	28,227
Change	-	6.8%	9.08%	6.98%	9.63%	6.46%	4.77%	-1.16%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	8,176	8,480	9,030	10,184	11,326	12,078	12,746	-
Change	-	3.72%	6.49%	12.78%	11.21%	6.64%	5.53%	-100%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	4,890	8,322	7,973	6,964	9,166	8,137	10,410	11,320
Change	-	70.18%	-4.19%	-12.66%	31.62%	-11.23%	27.93%	8.75%
Net income ¹	3,790	6,429	6,220	4,995	7,115	5,890	7,486	8,140
Change	-	69.63%	-3.25%	-19.69%	42.44%	-17.22%	27.11%	8.74%
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 Q1	2020 Q2	2020 Q3	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
Net sales ¹	4,855	4,624	4,708	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	6,783	6,658	6,850	6,859	7,037	6,887	7,115	7,091
Change	-	-4.76%	1.82%	-2.29%	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%	2.5%	-1.84%	2.88%	0.14%	2.6%	-2.13%	3.31%	-0.34%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	2,156	1,931	2,102	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	3,108	2,940	2,966	2,922	3,136	2,998	3,112	3,029
Change	-	-10.44%	8.86%	-5.47%	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%	9.61%	-5.39%	0.87%	-1.45%	7.31%	-4.4%	3.8%	-2.67%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	1,529	462	1,481	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	-	-	-	-	-	-	-	-	-
Change	-	-69.78%	220.56%	-4.25%	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%	-100%	-	-	-	-	-	-	-	-
Net income ¹	1,205	400	1,170	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	1,880	1,799	-	-	-	-	-	-
Change	-	-66.8%	192.5%	-13.25%	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%	0.33%	-4.31%	-100%	-	-	-	-	-
Announcement Date	2/26/20	5/28/20	8/27/20	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	-	-	-	-	-	-	-	-

¹CAD in Million

Estimates

Forecast Balance Sheet: Canadian Imperial Bank of Commerce

balance-sheet-analysis-chart CANADIAN-IMPERIAL-BANK-OF

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%	44.31%	44.63%	-
EBT Margin (%)	-	26.09%	41.58%	36.52%	29.82%	35.8%	29.85%	36.45%	40.11%
Net margin (%)	-	20.22%	32.12%	28.49%	21.39%	27.79%	21.61%	26.21%	28.84%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	0.52%	0.8%	0.69%	0.53%	0.71%	0.68%	0.72%	0.79%
ROE	-	11.7%	16.7%	14.7%	13.3%	13.7%	13.29%	13.85%	17%
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	3.828	4.06	4.325
Change	-	-	0.34%	11.99%	5.2%	4.65%	6.33%	6.07%	6.53%
Book Value Per Share ¹	-	42.02	45.83	49.95	51.61	57.08	59.9	63.55	57.65
Change	-	-	9.05%	8.99%	3.32%	10.6%	4.94%	6.1%	-9.28%
EPS ¹	-	4.11	6.965	6.68	5.16	7.28	7.537	8.184	8.52
Change	-	-	69.46%	-4.09%	-22.75%	41.09%	3.53%	8.58%	4.1%
Nbr of stocks (in thousands)	-	891,989	900,625	904,657	924,480	944,552	942,375	942,375	942,375
Announcement Date	-	12/3/20	12/2/21	12/1/22	11/30/23	12/5/24	-	-	-