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Canadian Imperial Bank of Commerce (TSX:CM) Net Interest Margin (Bank Only) % : 1.67% (As of Jan. 2025)


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What is Canadian Imperial Bank of Commerce Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Canadian Imperial Bank of Commerce's annualized Net Interest Income (for Banks) for the quarter that ended in Jan. 2025 was C$15,204 Mil. Canadian Imperial Bank of Commerce's average earning assets for the quarter that ended in Jan. 2025 was C$911,823 Mil. Therefore, Canadian Imperial Bank of Commerce's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Jan. 2025 was 1.67%.


Canadian Imperial Bank of Commerce Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Canadian Imperial Bank of Commerce's Net Interest Margin (Bank Only) % 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.

* Premium members only.

Canadian Imperial Bank of Commerce Net Interest Margin (Bank Only) % Chart

Canadian Imperial Bank of Commerce Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.86 1.76 1.75 1.62 1.60

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
Net Interest Margin (Bank Only) % 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 1.57 1.55 1.62 1.63 1.67

Competitive Comparison of Canadian Imperial Bank of Commerce's Net Interest Margin (Bank Only) %

For the Banks - Diversified subindustry, Canadian Imperial Bank of Commerce's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % 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 Net Interest Margin (Bank Only) % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Canadian Imperial Bank of Commerce's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Canadian Imperial Bank of Commerce's Net Interest Margin (Bank Only) % falls into.


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Canadian Imperial Bank of Commerce Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Canadian Imperial Bank of Commerce's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Oct. 2024 is calculated as

Net Interest Margin (Bank Only) %(A: Oct. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Oct. 2023 ) + Earning Assets (A: Oct. 2024 ))/ count )
=13695/( (820869 + 896352)/ 2 )
=13695/858610.5
=1.60 %

where

Earning Assets(A: Oct. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=80184 + 529337 + 211348
=820869

Earning Assets(A: Oct. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=83721 + 558286 + 254345
=896352

Canadian Imperial Bank of Commerce's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Jan. 2025 is calculated as

Net Interest Margin (Bank Only) %(Q: Jan. 2025 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Oct. 2024 ) + Earning Assets (Q: Jan. 2025 ))/ count )
=15204/( (896352 + 927293)/ 2 )
=15204/911822.5
=1.67 %

where

Earning Assets(Q: Oct. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=83721 + 558286 + 254345
=896352

Earning Assets(Q: Jan. 2025 )
=Money Market Investments + Net Loan + Securities & Investments
=86143 + 568109 + 273041
=927293

* 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.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Jan. 2025) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Canadian Imperial Bank of Commerce  (TSX:CM) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Canadian Imperial Bank of Commerce Net Interest Margin (Bank Only) % 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 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.
Executives
Sandy Sharman Senior Officer
Susan Rimmer Senior Officer
Robert Sedran Senior Officer
Harry Kenneth Culham Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Victor George Dodig Director, Senior Officer
Frank Guse Senior Officer
Christina Charlotte Kramer Senior Officer
Shawn Beber Senior Officer
Katharine Berghuis Stevenson Director
Mary Lou Katherine Maher Director
Laura Lee Dottori-attanasio Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
John Hountalas Senior Officer
Michael Capatides Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Nanci Ellen Caldwell Director
Patrick Darold Daniel Director