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Canadian Imperial Bank of Commerce (Canadian Imperial Bank of Commerce) Efficiency Overhead Ratio % : 0.00% (As of Oct. 2023)


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What is Canadian Imperial Bank of Commerce Efficiency Overhead Ratio %?

Efficiency Overhead Ratio % for banks is non-interest expenses divided by revenue. It helps show how well banks control their overhead expenses. A lower Efficiency Overhead Ratio suggests that the bank is operating better.

Canadian Imperial Bank of Commerce's Efficiency Overhead Ratio % for the annual that ended in Oct. 2023 was 61.50% , which is higher than 58.60% for the pervious year ended in Oct. 2022.

The historical rank and industry rank for Canadian Imperial Bank of Commerce's Efficiency Overhead Ratio % or its related term are showing as below:

CM's Efficiency Overhead Ratio % is not ranked *
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Efficiency Overhead Ratio % only.

Canadian Imperial Bank of Commerce Efficiency Overhead Ratio % Historical Data

The historical data trend for Canadian Imperial Bank of Commerce's Efficiency Overhead Ratio % 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 Efficiency Overhead Ratio % Chart

Canadian Imperial Bank of Commerce Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Oct23
Efficiency Overhead Ratio %
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Capital Adequacy Tier - Tier 1 Ratio %
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Capital Adequacy Tier - Leverage Ratio %
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Capital Adequacy Tier - Total Capital Ratio %
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Net Charge Offs to Average Loans %
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Canadian Imperial Bank of CommerceQuarterly Data
Trend Oct23
Efficiency Overhead Ratio %
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Capital Adequacy Tier - Tier 1 Ratio %
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Capital Adequacy Tier - Leverage Ratio %
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Capital Adequacy Tier - Total Capital Ratio %
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Competitive Comparison of Canadian Imperial Bank of Commerce's Efficiency Overhead Ratio %

For the Banks - Diversified subindustry, Canadian Imperial Bank of Commerce's Efficiency Overhead Ratio %, along with its competitors' market caps and Efficiency Overhead Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canadian Imperial Bank of Commerce  (NYSE:CM) Efficiency Overhead Ratio % Calculation

Efficiency Overhead Ratio % is calculated as

Efficiency Overhead Ratio %=Non-interest Expenses / Revenue

* 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.


Canadian Imperial Bank of Commerce  (NYSE:CM) Efficiency Overhead Ratio % Explanation

Efficiency Overhead Ratio % is typically used to analyze how well a company uses its assets and liabilities. It typically calculates the turnover of receivables, the repayment of liabilities, etc. In the banking industry, Efficiency Overhead Ratio % specifically refers to non-interest expenses divided by revenue. This ratio shows how well banks control their overhead expenses and allows analysts to assess their performance.

An Efficiency Overhead Ratio lower than 50% is considered to be optimal. If the Efficiency Overhead Ratio decreases, it means the bank’s expenses are decreasing and revenues are increasing, suggesting the bank is operating better.


Canadian Imperial Bank of Commerce Efficiency Overhead Ratio % Related Terms

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Canadian Imperial Bank of Commerce (Canadian Imperial Bank of Commerce) Business Description

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