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Canadian Imperial Bank Of Commerce (TSE:CM)
TSX:CM
RESEARCH TOOLSreports
Earnings Data
Report Date
May 29, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.92Last Year’s EPS
1.75Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: -4.24%
|Next Earnings Date:May 29, 2025
Earnings Call Sentiment|Positive
CIBC reported record-breaking revenue and growth across all business units, with strong capital and liquidity positions and positive operating leverage. However, the bank faces challenges due to economic and trade uncertainties, elevated expense growth, and increased provisions for credit losses.Company Guidance
In the CIBC Q1 2025 conference call, the bank reported impressive financial metrics, indicating strong performance across its business units. The bank achieved revenues of $7.3 billion, a 17% increase from the previous year, with adjusted earnings per share reaching a record high of $2.20, up 22% year-over-year. The adjusted return on equity (ROE) stood at a robust 15.3%. CIBC also enhanced its capital position by repurchasing 3.5 million common shares and increasing its Common Equity Tier 1 (CET1) ratio to 13.5% from 13.3% the previous quarter. Non-trading fee income surged by 11%, while the bank's non-trading margins improved by 17 basis points. The bank maintained positive operating leverage for the sixth consecutive quarter and reported a total provision for credit losses of $573 million, reflecting a cautious approach amid macroeconomic uncertainties. CIBC's strategy continues to focus on growing its mass affluent and private wealth franchise, expanding digital banking capabilities, and enhancing connectivity with clients, contributing to its sustained strong performance and positioning for future growth.Record-Breaking Revenue and Growth
CIBC reported revenues of $7.3 billion, up 17% from the prior year, with record top-line results across all business units. Adjusted earnings per share were $2.20, up 22% from the prior year, and adjusted ROE was strong at 15.3%.
Strong Capital and Liquidity Position
CIBC grew its CET1 ratio to 13.5%, up from 13.3% last quarter, and repurchased 3.5 million common shares. The bank's liquidity coverage ratio remained robust at 132%.
Robust Performance Across Business Segments
Canadian Personal and Business Banking showed strong growth with mass affluent client base growing 4.5 times faster than the rest of the client base. North American Commercial Banking saw loans and deposits up 8% and 10% respectively in Canada.
Positive Operating Leverage and Efficiency
Achieved sixth consecutive quarter of positive operating leverage, with operating leverage at 190 basis points. Non-trading fee income was up 11% from the prior year.
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TSE:CM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:CM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | C$86.78 | C$86.43 | -0.40% |
| Dec 05, 2024 | C$88.63 | C$92.56 | +4.43% |
| Aug 29, 2024 | C$71.95 | C$75.91 | +5.51% |
| May 30, 2024 | C$62.44 | C$66.81 | +7.01% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Canadian Imperial Bank Of Commerce (TSE:CM) report earnings?
Canadian Imperial Bank Of Commerce (TSE:CM) is schdueled to report earning on May 29, 2025, TBA Not Confirmed.
What is Canadian Imperial Bank Of Commerce (TSE:CM) earnings time?
Canadian Imperial Bank Of Commerce (TSE:CM) earnings time is at May 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:CM EPS forecast?
TSE:CM EPS forecast for the fiscal quarter 2025 (Q2) is 1.92.
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