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CM (Canadian Imperial Bank of Commerce) Gross-Profit-to-Asset % : 2.55% (As of Oct. 2024)


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What is Canadian Imperial Bank of Commerce Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Canadian Imperial Bank of Commerce's annualized Gross Profit for the quarter that ended in Oct. 2024 was $19,184 Mil. Canadian Imperial Bank of Commerce's average Total Assets over the quarter that ended in Oct. 2024 was $751,107 Mil. Therefore, Canadian Imperial Bank of Commerce's annualized Gross-Profit-to-Asset % for the quarter that ended in Oct. 2024 was 2.55%.


Canadian Imperial Bank of Commerce Gross-Profit-to-Asset % Historical Data

The historical data trend for Canadian Imperial Bank of Commerce's Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Chart

Canadian Imperial Bank of Commerce Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.62 2.56 2.33 2.43 2.53

Canadian Imperial Bank of Commerce Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.40 2.58 2.47 2.60 2.55

Competitive Comparison of Canadian Imperial Bank of Commerce's Gross-Profit-to-Asset %

For the Banks - Diversified subindustry, Canadian Imperial Bank of Commerce's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Canadian Imperial Bank of Commerce's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Canadian Imperial Bank of Commerce's Gross-Profit-to-Asset % falls into.



Canadian Imperial Bank of Commerce Gross-Profit-to-Asset % Calculation

Canadian Imperial Bank of Commerce's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Oct. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Oct. 2024 )/( (Total Assets (A: Oct. 2023 )+Total Assets (A: Oct. 2024 ))/ count )
=18554.917/( (711559.218+757421.676)/ 2 )
=18554.917/734490.447
=2.53 %

Canadian Imperial Bank of Commerce's annualized Gross-Profit-to-Asset % for the quarter that ended in Oct. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Oct. 2024 )/( (Total Assets (Q: Jul. 2024 )+Total Assets (Q: Oct. 2024 ))/ count )
=19184.416/( (744791.454+757421.676)/ 2 )
=19184.416/751106.565
=2.55 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Oct. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Canadian Imperial Bank of Commerce Gross-Profit-to-Asset % Related Terms

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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.