Canadian Imperial Bank of Commerce (MEX:CMN) Return-on-Tangible-Equity: 17.25% (As of Apr. 2026) — Near Median


What is Canadian Imperial Bank of Commerce Return-on-Tangible-Equity?

Canadian Imperial Bank of Commerce MEX:CMN 71 Return-on-Tangible-Equity is 17.25% as of Apr. 2026, which is 4% above its 10-year median of 16.66. GuruFocus rates MEX:CMN with a GF Score™ of 71/100. The stock has 8 warning signs investors should review. Among 1,526 Banks companies, Canadian Imperial Bank of Commerce ranks better than 84.47% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Canadian Imperial Bank of Commerce's annualized net income for the quarter that ended in Apr. 2026 was MXN125,162.30 Mil. Canadian Imperial Bank of Commerce's average shareholder tangible equity for the quarter that ended in Apr. 2026 was MXN725,594.51 Mil. Therefore, Canadian Imperial Bank of Commerce's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 17.25%.

The historical rank and industry rank for Canadian Imperial Bank of Commerce's Return-on-Tangible-Equity or its related term are showing as below:

MEX:CMN' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.5   Med: 16.66   Max: 21.83
Current: 17.65

During the past 13 years, Canadian Imperial Bank of Commerce's highest Return-on-Tangible-Equity was 21.83%. The lowest was 11.50%. And the median was 16.66%.

MEX:CMN's Return-on-Tangible-Equity is ranked better than
84.47% of 1526 companies
in the Banks industry
Industry Median: 11.195 vs MEX:CMN: 17.65

Canadian Imperial Bank of Commerce  (MEX:CMN) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Canadian Imperial Bank of Commerce Return-on-Tangible-Equity Related Terms


Canadian Imperial Bank of Commerce Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Canadian Imperial Bank of Commerce's Return-on-Tangible-Equity 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.

Canadian Imperial Bank of Commerce Return-on-Tangible-Equity Chart

Canadian Imperial Bank of Commerce Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.93 14.41 10.96 15.65 15.16

Canadian Imperial Bank of Commerce Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Return-on-Tangible-Equity 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 14.86 15.38 15.52 21.37 17.25

MEX:CMN vs JPM, BAC, WFC: Return-on-Tangible-Equity Comparison

For the Banks - Diversified subindustry, Canadian Imperial Bank of Commerce's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Banks Industry

For the Banks industry and Financial Services sector, Canadian Imperial Bank of Commerce's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Canadian Imperial Bank of Commerce's Return-on-Tangible-Equity falls into.



Canadian Imperial Bank of Commerce Return-on-Tangible-Equity Calculation

Canadian Imperial Bank of Commerce's annualized Return-on-Tangible-Equity for the fiscal year that ended in Oct. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=111758.971/( (734771.03+739314.298 )/ 2 )
=111758.971/737042.664
=15.16 %

Canadian Imperial Bank of Commerce's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=125162.304/( (719496.422+731692.605)/ 2 )
=125162.304/725594.5135
=17.25 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Apr. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 17.25% mean?
Canadian Imperial Bank of Commerce (MEX:CMN) has a Return-on-Tangible-Equity of 17.25% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Canadian Imperial Bank of Commerce and its competitors. This is near median its historical median of 16.66. Over the past decade, Canadian Imperial Bank of Commerce's Return-on-Tangible-Equity has ranged from 11.50 to 21.83. According to the industry distribution chart, Canadian Imperial Bank of Commerce ranks #237 out of 1526 companies in the Banks industry, placing it in the top 15.5%.
Is Canadian Imperial Bank of Commerce's Return-on-Tangible-Equity too high?
Canadian Imperial Bank of Commerce's current Return-on-Tangible-Equity of 17.25% is near median its 10-year median of 16.66. Over the past 10 years, this metric has ranged from a low of 11.50 to a high of 21.83. The Banks industry median Return-on-Tangible-Equity is 11.20. Canadian Imperial Bank of Commerce's value of 17.25% is 54.1% above this industry median. Based on the distribution chart, Canadian Imperial Bank of Commerce ranks #237 out of 1526 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Canadian Imperial Bank of Commerce has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Canadian Imperial Bank of Commerce's Return-on-Tangible-Equity compare to JPM and BAC?
According to the Banks industry distribution chart, Canadian Imperial Bank of Commerce ranks #237 out of 1526 companies for Return-on-Tangible-Equity. This places Canadian Imperial Bank of Commerce in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 11.20. Canadian Imperial Bank of Commerce's value of 17.25% is 54.1% above this benchmark. Historically, Canadian Imperial Bank of Commerce's own Return-on-Tangible-Equity has ranged from 11.50 to 21.83 over the past decade. While the company's 10-year median is 16.66 vs. the industry median of 11.20, 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 Return-on-Tangible-Equity for a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.20, based on 1,526 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Imperial Bank of Commerce's current Return-on-Tangible-Equity of 17.25% is 54.1% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Canadian Imperial Bank of Commerce and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Imperial Bank of Commerce's current Return-on-Tangible-Equity is 17.25%, which is near median its own 10-year median of 16.66. 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?
Canadian Imperial Bank of Commerce (MEX:CMN) has a current Return-on-Tangible-Equity of 17.25%. The current Return-on-Tangible-Equity is 17.25%, which is near median its 10-year median of 16.66 and 54.1% above the Banks industry median of 11.20. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Canadian Imperial Bank of Commerce (MEX:CMN), the current Return-on-Tangible-Equity is 17.25% 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.

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 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.