Canadian Imperial Bank of Commerce

Toronto Stock Exchange CM.TO

Canadian Imperial Bank of Commerce Return on Equity (ROE) for the year ending October 31, 2024: 12.11%

Canadian Imperial Bank of Commerce Return on Equity (ROE) is 12.11% for the year ending October 31, 2024, a 28.49% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.
  • Canadian Imperial Bank of Commerce Return on Equity (ROE) for the year ending October 31, 2023 was 9.43%, a -23.94% change year over year.
  • Canadian Imperial Bank of Commerce Return on Equity (ROE) for the year ending October 31, 2022 was 12.40%, a -11.99% change year over year.
  • Canadian Imperial Bank of Commerce Return on Equity (ROE) for the year ending October 31, 2021 was 14.08%, a 52.93% change year over year.
  • Canadian Imperial Bank of Commerce Return on Equity (ROE) for the year ending October 31, 2020 was 9.21%, a -30.62% change year over year.
Key data
Date Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio
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Toronto Stock Exchange: CM.TO

Canadian Imperial Bank of Commerce

CEO Mr. Victor G. Dodig
IPO Date Jan. 12, 1995
Location Canada
Headquarters 81 Bay Street
Employees 48,552
Sector Finance
Industries
Description

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through four strategic business units: Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. The company offers chequing, savings, and business accounts; mortgages; loans, lines of credit, student lines of credit, and business and agriculture loans; investment and insurance services; and credit cards, as well as overdraft protection services. It also provides day-to-day banking, borrowing and credit, specialty, investing and wealth, and international services; correspondent banking and online foreign exchange services; and cash management services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.

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StockViz Staff

January 15, 2025

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