Financials Canadian Imperial Bank of Commerce

Equities

CM

CA1360691010

Banks

Delayed Toronto S.E. Other stock markets 16:00:00 2026-02-13 EST			5-day change	1st Jan Change
130.51 ^CAD	+0.56%		-1.20%	+4.89%

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Projected Income Statement: Canadian Imperial Bank of Commerce

Fiscal Period: October	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	20,015	21,833	23,357	25,606	29,133	30,828	32,310	33,135
Change	-	9.08%	6.98%	9.63%	13.77%	5.82%	4.81%	2.55%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	8,480	9,030	10,184	11,326	13,326	13,972	14,738	14,126
Change	-	6.49%	12.78%	11.21%	17.66%	4.85%	5.48%	-4.15%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	8,322	7,973	6,964	9,166	10,939	11,586	12,455	12,267
Change	-	-4.19%	-12.66%	31.62%	19.34%	5.92%	7.5%	-1.51%
Net income ¹	6,429	6,220	4,995	7,115	8,429	8,503	9,157	8,994
Change	-	-3.25%	-19.69%	42.44%	18.47%	0.87%	7.7%	-1.78%
Announcement Date	12/2/21	12/1/22	11/30/23	12/5/24	12/4/25	-	-	-

¹CAD in Million

Estimates

Fiscal Period: October	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	2027 Q4
Net sales ¹	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	7,576	7,697	7,509	7,773	7,935	8,000	7,805	8,119	8,286
Change	-	-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%	4.44%	1.6%	-2.44%	3.52%	2.08%	0.82%	-2.43%	4.01%	2.06%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	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	3,408	3,609	3,476	3,538	3,480	3,722	3,601	3,776	3,847
Change	-	-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%	3.97%	5.9%	-3.67%	1.75%	-1.61%	6.94%	-3.25%	4.86%	1.88%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	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	2,792	2,904	2,886	2,998	3,010	2,971	2,938	3,042	3,074
Change	-	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%	2.68%	4.03%	-0.65%	3.92%	0.4%	-1.31%	-1.11%	3.54%	1.05%
Net income ¹	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	2,174	2,177	2,124	2,210	2,224	2,178	2,154	2,242	2,281
Change	-	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%	3.82%	0.15%	-2.47%	4.09%	0.62%	-2.07%	-1.1%	4.09%	1.74%
Announcement Date	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	12/4/25	-	-	-	-	-	-	-	-

¹CAD in Million

Estimates

Forecast Balance Sheet: Canadian Imperial Bank of Commerce

Fiscal Period: October	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	12/2/21	12/1/22	11/30/23	12/5/24	12/4/25	-	-	-

Estimates

Cash Flow Forecast: Canadian Imperial Bank of Commerce

Fiscal Period: October	2020	2021	2022	2023	2024	2025
CAPEX ¹	309	839	1,109	1,014	1,089	1,109
Change	-	171.52%	32.18%	-8.57%	7.4%	1.84%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	12/3/20	12/2/21	12/1/22	11/30/23	12/5/24	12/4/25

¹CAD in Million

Estimates

Forecast Financial Ratios: Canadian Imperial Bank of Commerce

Fiscal Period: October	2020	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	42.37%	41.36%	43.6%	44.23%	45.74%	45.32%	45.61%	42.63%
EBT Margin (%)	-	41.58%	36.52%	29.82%	35.8%	37.55%	37.58%	38.55%	37.02%
Net margin (%)	-	32.12%	28.49%	21.39%	27.79%	28.93%	27.58%	28.34%	27.14%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	0.8%	0.69%	0.53%	0.71%	0.77%	0.77%	0.78%	0.8%
ROE	-	16.7%	14.7%	13.3%	13.7%	14.4%	14.46%	14.84%	14.53%
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	-	2.92	3.27	3.44	3.6	3.88	4.206	4.58	4.58
Change	-	-	11.99%	5.2%	4.65%	7.78%	8.39%	8.9%	0%
Book Value Per Share ¹	-	45.83	49.95	51.61	57.08	62.33	66	70.7	73.98
Change	-	-	8.99%	3.32%	10.6%	9.2%	5.88%	7.12%	4.64%
EPS ¹	-	6.965	6.68	5.16	7.28	8.57	9.369	10.36	10.69
Change	-	-	-4.09%	-22.75%	41.09%	17.72%	9.32%	10.53%	3.25%
Nbr of stocks (in thousands)	-	900,625	904,657	924,480	944,552	929,487	925,427	925,427	925,427
Announcement Date	-	12/2/21	12/1/22	11/30/23	12/5/24	12/4/25	-	-	-