Canadian Imperial Bank of Commerce (TSX: CM)

CM Income Statement

Financials in millions CAD. Fiscal year is November - October.

Year	2023	2022	2021	2020	2019
Revenue	23,290	21,764	19,960	18,666	18,467
Revenue Growth (YoY)	7.01%	9.04%	6.93%	1.08%	4.34%
Gross Profit	23,290	21,764	19,960	18,666	18,467
Selling, General & Admin	7,854	7,491	6,687	6,530	6,085
Other Operating Expenses	-24,218	-11,767	-18,342	-20,308	-18,108
Operating Expenses	-16,364	-4,276	-11,655	-13,778	-12,023
Operating Income	6,926	17,488	8,305	4,888	6,444
Interest Income	45,019	22,179	14,741	17,522	20,697
Interest Expense	32,194	9,538	3,282	6,478	10,146
Other Expense / Income	12,825	22,179	11,459	11,044	10,551
Pretax Income	6,964	7,973	8,322	4,890	6,469
Income Tax	1,931	1,730	1,876	1,098	1,348
Net Income	4,995	6,220	6,429	3,790	5,096
Net Income Growth	-19.69%	-3.25%	69.63%	-25.63%	-3.25%
Shares Outstanding (Basic)	916	903	898	891	889
Shares Outstanding (Diluted)	916	906	900	892	891
Shares Change	1.16%	0.59%	0.93%	0.13%	0.19%
EPS (Basic)	5.16	6.70	6.98	4.12	5.61
EPS (Diluted)	5.16	6.68	6.97	4.11	5.60
EPS Growth	-22.75%	-4.16%	69.59%	-26.61%	-5.41%
Free Cash Flow	11,140	21,606	-4,171	59,986	18,363
Free Cash Flow Per Share	12.16	23.86	-4.63	67.25	20.61
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	29.74%	80.35%	41.61%	26.19%	34.89%
Profit Margin	21.45%	28.58%	32.21%	20.30%	27.60%
Free Cash Flow Margin	47.83%	99.27%	-20.90%	321.37%	99.44%
Effective Tax Rate	27.73%	21.70%	22.54%	22.45%	20.84%
EBITDA	8,069	18,535	9,322	6,199	7,282
EBITDA Margin	34.65%	85.16%	46.70%	33.21%	39.43%
Depreciation & Amortization	1,143	1,047	1,017	1,311	838
EBIT	6,926	17,488	8,305	4,888	6,444
EBIT Margin	29.74%	80.35%	41.61%	26.19%	34.89%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.