Canadian Imperial Bank of Commerce (TSX:CM.PR.R.PFD) Deferred Tax : C$-2.00 Mil (TTM As of Jul. 2024)

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What is Canadian Imperial Bank of Commerce Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Canadian Imperial Bank of Commerce's change in deferred tax for the three months ended in Jul. 2024 was C$-22.00 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Jul. 2024 was C$-2.00 Mil.

Canadian Imperial Bank of Commerce Deferred Tax Historical Data

The historical data trend for Canadian Imperial Bank of Commerce's Deferred Tax can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Canadian Imperial Bank of Commerce Deferred Tax Chart

Canadian Imperial Bank of Commerce Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Deferred Tax

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108.00

-228.00

-41.00

-46.00

-87.00

Canadian Imperial Bank of Commerce Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Deferred Tax	Get a 7-Day Free Trial															-62.00	39.00	39.00	-58.00	-22.00

Canadian Imperial Bank of Commerce Deferred Tax Calculation

Deferred Tax for the trailing twelve months (TTM) ended in Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.00 Mil.

Canadian Imperial Bank of Commerce Deferred Tax Related Terms

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Canadian Imperial Bank of Commerce Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Canadian Imperial Bank of Commerce (TSX:CM.PR.R.PFD) » Definitions » Deferred Tax

Comparable Companies

Traded in Other Exchanges

CM:USA 0UNI:UK CAI:Germany CAI:Germany CM.PR.S.PFD:Canada CM.PR.Q.PFD:Canada CM.PR.P.PFD:Canada CM:Canada

Address

81 Bay Street, CIBC Square, Toronto, ON, CAN, M5J 0E7

Website

https://www.cibc.com

Canadian Imperial Bank of Commerce is Canada's fifth-largest bank and operates three business segments: retail and business banking, wealth management, and capital markets. It serves approximately 11 million personal banking and business customers, primarily in Canada.

Canadian Imperial Bank of Commerce Headlines

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