GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Canadian Imperial Bank of Commerce (TSX:CM.PR.P.PFD) » Definitions » Net Margin %
中文

Canadian Imperial Bank of Commerce (TSX:CM.PR.P.PFD) Net Margin % : 27.66% (As of Jan. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Canadian Imperial Bank of Commerce Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Canadian Imperial Bank of Commerce's Net Income for the three months ended in Jan. 2024 was C$1,716.00 Mil. Canadian Imperial Bank of Commerce's Revenue for the three months ended in Jan. 2024 was C$6,205.00 Mil. Therefore, Canadian Imperial Bank of Commerce's net margin for the quarter that ended in Jan. 2024 was 27.66%.

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

TSX:CM.PR.P.PFD' s Net Margin % Range Over the Past 10 Years
Min: 20.31   Med: 28.09   Max: 32.21
Current: 26.69


TSX:CM.PR.P.PFD's Net Margin % is ranked better than
54.53% of 1458 companies
in the Banks industry
Industry Median: 25.49 vs TSX:CM.PR.P.PFD: 26.69

Canadian Imperial Bank of Commerce Net Margin % Historical Data

The historical data trend for Canadian Imperial Bank of Commerce's Net Margin % 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 Margin % Chart

Canadian Imperial Bank of Commerce Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.60 20.31 32.21 28.58 21.45

Canadian Imperial Bank of Commerce Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net Margin % 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 7.15 29.61 24.29 25.22 27.66

Competitive Comparison of Canadian Imperial Bank of Commerce's Net Margin %

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's Net Margin % Distribution in the 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.



Canadian Imperial Bank of Commerce Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Canadian Imperial Bank of Commerce's Net Margin for the fiscal year that ended in Oct. 2023 is calculated as

Net Margin=Net Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=4995/23290
=21.45 %

Canadian Imperial Bank of Commerce's Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin=Net Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=1716/6205
=27.66 %

* 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.PR.P.PFD) 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

Thank you for viewing the detailed overview of Canadian Imperial Bank of Commerce's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Canadian Imperial Bank of Commerce (TSX:CM.PR.P.PFD) 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.

Canadian Imperial Bank of Commerce (TSX:CM.PR.P.PFD) Headlines

No Headlines