TSX:CM'
s Net Margin % Range Over the Past 10 Years
Min: 20.31 Med: 28.82 Max: 32.21
Current: 31.61
TSX:CM's Net Margin % is ranked better than 66.54% of 1527
companies
in the Banks industry
Industry Median: 26.95
vs TSX:CM: 31.61
Canadian Imperial Bank of Commerce (TSX:CM) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Canadian Imperial Bank of Commerce Net Margin % Related Terms
Canadian Imperial Bank of Commerce Net Margin % Historical Data
* 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 Net Margin % Chart
For the Banks - Diversified subindustry, Canadian Imperial Bank of Commerce's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Canadian Imperial Bank of Commerce's Net Margin % distribution charts can be found below:
* The bar in red indicates where Canadian Imperial Bank of Commerce's Net Margin % falls into.
* 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 (TSX:CM) has a Net Margin % of 30.85% as of Apr. 2026. Net margin is the ratio of total net income to net sales. View historical data on Canadian Imperial Bank of Commerce and its competitors. This is near median its historical median of 28.82. Over the past decade, Canadian Imperial Bank of Commerce's Net Margin % has ranged from 20.31 to 32.21. According to the industry distribution chart, Canadian Imperial Bank of Commerce ranks #511 out of 1527 companies in the Banks industry, placing it in the top 33.5%.
Is Canadian Imperial Bank of Commerce's Net Margin % too high?
Canadian Imperial Bank of Commerce's current Net Margin % of 30.85% is near median its 10-year median of 28.82. Over the past 10 years, this metric has ranged from a low of 20.31 to a high of 32.21. The Banks industry median Net Margin % is 26.95. Canadian Imperial Bank of Commerce's value of 30.85% is 14.5% above this industry median. Based on the distribution chart, Canadian Imperial Bank of Commerce ranks #511 out of 1527 companies in the Banks industry, which is above the industry midpoint. Overall, Canadian Imperial Bank of Commerce has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Imperial Bank of Commerce's Net Margin % compare to JPM and BAC?
According to the Banks industry distribution chart, Canadian Imperial Bank of Commerce ranks #511 out of 1527 companies for Net Margin %. This puts Canadian Imperial Bank of Commerce in the upper half of its industry. The industry median Net Margin % is 26.95. Canadian Imperial Bank of Commerce's value of 30.85% is 14.5% above this benchmark. Historically, Canadian Imperial Bank of Commerce's own Net Margin % has ranged from 20.31 to 32.21 over the past decade. While the company's 10-year median is 28.82 vs. the industry median of 26.95, Canadian Imperial Bank of Commerce has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Banks company?
The median Net Margin % among Banks companies is 26.95, based on 1,527 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Imperial Bank of Commerce's current Net Margin % of 30.85% is 14.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Canadian Imperial Bank of Commerce and its competitors. For the Banks industry, the median Net Margin % is 26.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Imperial Bank of Commerce's current Net Margin % is 30.85%, which is near median its own 10-year median of 28.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Imperial Bank of Commerce stock overvalued right now?
Based on GuruFocus' analysis, Canadian Imperial Bank of Commerce (TSX:CM) is currently considered Significantly Overvalued. The stock's GF Value™ is C$107.07, compared to a current price of C$163.15 — trading 52.4% above its estimated fair value. The current Net Margin % is 30.85%, which is near median its 10-year median of 28.82 and 14.5% above the Banks industry median of 26.95. Canadian Imperial Bank of Commerce's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Canadian Imperial Bank of Commerce (TSX:CM), the current Net Margin % is 30.85% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Canadian Imperial Bank of Commerce (TSX:CM) Overvalued in 2026?
Based on GuruFocus' analysis, Canadian Imperial Bank of Commerce stock appears to be overvalued.
The current stock price of C$163.15 is trading 52.4% above its estimated GF Value™ of C$107.07.
GuruFocus considers Canadian Imperial Bank of Commerce to be Significantly Overvalued.
Key valuation signals for TSX:CM:
Net Margin %: 30.85% (near median its 10-year median of 28.82)
GF Value™: C$107.07 vs. price of C$163.15 (52.4% above fair value)
Industry Position: 14.5% above the Banks median (#511 of 1527)
No single metric tells the full story. See the TSX:CM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canadian Imperial Bank of Commerce Business Description
Canadian Imperial Bank of Commerce is Canada's fifth-largest bank with over CAD 1.1 trillion in assets at the end of fiscal 2025. 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.
71GF Score
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