Canadian Imperial Bank of Commerce reported earnings results for the fourth quarter and full year ended October 31, 2024. For the fourth quarter, the company reported net interest income was CAD 3,633 million compared to CAD 3,197 million a year ago. Net income was CAD 1,874 million compared to CAD 1,477 million a year ago. Basic earnings per share from continuing operations was CAD 1.91 compared to CAD 1.53 a year ago. Diluted earnings per share from continuing operations was CAD 1.9 compared to CAD 1.53 a year ago.
For the full year, net interest income was CAD 13,695 million compared to CAD 12,825 million a year ago. Net income was CAD 7,115 million compared to CAD 5,001 million a year ago. Basic earnings per share from continuing operations was CAD 7.29 compared to CAD 5.17 a year ago. Diluted earnings per share from continuing operations was CAD 7.28 compared to CAD 5.17 a year ago.