Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Pretax income is the income that a company earns before paying income taxes. Canadian Imperial Bank of Commerce's pretax income for the
three
months ended in Jul. 2026 was $2,211 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Jul. 2026 was $9,078 Mil.
Canadian Imperial Bank of Commerce's pretax margin was 37.44%.
During the past 13 years, Canadian Imperial Bank of Commerce's highest Pretax Margin was 41.69%. The lowest was 26.20%. And the median was 36.27%.
During the past 13 years, Canadian Imperial Bank of Commerce's highest Pretax Margin was 41.69%. The lowest was 26.20%. And the median was 36.27%.
* 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 Pre-Tax Income Related Terms
Canadian Imperial Bank of Commerce Pre-Tax Income 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 Pre-Tax Income Chart
For the Banks - Diversified subindustry, Canadian Imperial Bank of Commerce's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income vs Banks Industry
For the Banks industry and Financial Services sector, Canadian Imperial Bank of Commerce's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Canadian Imperial Bank of Commerce's Pre-Tax Income falls into.
Pre-Tax Income for the trailing twelve months (TTM) ended in Jul. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $9,078 Mil.
* 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 (CM) has a Pre-Tax Income of $9,078 Mil as of Jul. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Canadian Imperial Bank of Commerce and its competitors.
Is Canadian Imperial Bank of Commerce's Pre-Tax Income too high?
Canadian Imperial Bank of Commerce's current Pre-Tax Income is $9,078 Mil. Overall, Canadian Imperial Bank of Commerce has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Imperial Bank of Commerce's Pre-Tax Income compare to JPM and BAC?
Canadian Imperial Bank of Commerce's Pre-Tax Income of $9,078 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Banks company?
A good Pre-Tax Income depends on the Banks industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Canadian Imperial Bank of Commerce and its competitors. Canadian Imperial Bank of Commerce's current Pre-Tax Income is $9,078 Mil. 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 (CM) is currently considered Significantly Overvalued. The stock's GF Value™ is $82.36, compared to a current price of $114.33 — trading 38.8% above its estimated fair value. The current Pre-Tax Income is $9,078 Mil. Canadian Imperial Bank of Commerce's overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Canadian Imperial Bank of Commerce (CM), the current Pre-Tax Income is $9,078 Mil as of Jul. 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 (CM) Overvalued in 2026?
Based on GuruFocus' analysis, Canadian Imperial Bank of Commerce stock appears to be overvalued.
The current stock price of $114.33 is trading 38.8% above its estimated GF Value™ of $82.36.
GuruFocus considers Canadian Imperial Bank of Commerce to be Significantly Overvalued.
Key valuation signals for CM:
Pre-Tax Income: $9,078 Mil
GF Value™: $82.36 vs. price of $114.33 (38.8% above fair value)
No single metric tells the full story. See the CM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
74GF Score
Get the complete analysis for CM
Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CM has been successfully added to your 
