CM (Canadian Imperial Bank of Commerce) Credit Losses Provision : $1,431 Mil (As of Jan. 2025)

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What is Canadian Imperial Bank of Commerce Credit Losses Provision?

Canadian Imperial Bank of Commerce's credit losses provision for the three months ended in Jan. 2025 was $398 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jan. 2025 was $1,431 Mil.

Canadian Imperial Bank of Commerce's quarterly credit losses provision declined from Jul. 2024 ($352 Mil) to Oct. 2024 ($305 Mil) but then increased from Oct. 2024 ($305 Mil) to Jan. 2025 ($398 Mil).

Canadian Imperial Bank of Commerce's annual credit losses provision increased from Oct. 2022 ($703 Mil) to Oct. 2023 ($1,466 Mil) but then declined from Oct. 2023 ($1,466 Mil) to Oct. 2024 ($1,455 Mil).

Canadian Imperial Bank of Commerce Credit Losses Provision Historical Data

The historical data trend for Canadian Imperial Bank of Commerce's Credit Losses Provision 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 Credit Losses Provision Chart

Canadian Imperial Bank of Commerce Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Credit Losses Provision

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1,883.04

127.07

703.49

1,465.87

1,454.53

Canadian Imperial Bank of Commerce Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Credit Losses Provision	Get a 7-Day Free Trial															435.82	375.90	352.20	304.57	398.22

Canadian Imperial Bank of Commerce Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,431 Mil.

Canadian Imperial Bank of Commerce Business Description

Industry

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Traded in Other Exchanges

0UNI:UK CAI:Germany CAI:Germany CM.PR.S.PFD:Canada CM.PR.Q.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 with around CAD 1 trillion in assets. It operates four business segments: Canadian retail and business banking, Canadian commercial banking and wealth management, US commercial banking and wealth management, and capital markets. It serves approximately 14 million personal banking and business customers, primarily in Canada and the US.