TSX:CM Income Statement

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

Millions CAD. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 30, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Interest Income on Loans	31,759	32,074	33,925	30,235	16,874	12,150
Interest Income on Investments	15,831	16,687	18,260	14,784	5,305	2,591
Total Interest Income	47,590	48,761	52,185	45,019	22,179	14,741
Interest Paid on Deposits	23,000	25,110	30,476	26,633	7,887	2,651
Interest Paid on Borrowings	7,757	7,882	8,014	5,561	1,651	631
Total Interest Expense	30,757	32,992	38,490	32,194	9,538	3,282
Net Interest Income	16,833	15,769	13,695	12,825	12,641	11,459
Net Interest Income Growth (YoY)	14.09%	15.14%	6.78%	1.46%	10.32%	3.76%
Trust Income	2,367	2,241	1,980	1,768	1,760	1,621
Gain (Loss) on Sale of Investments	39	-14	43	83	35	90
Gain (Loss) on Sale of Equity Investments	171	117	79	30	47	55
Other Non-Interest Income	10,834	10,024	8,851	7,702	6,470	5,993
Total Non-Interest Income	14,401	13,364	11,911	10,507	9,192	8,556
Non-Interest Income Growth (YoY)	12.77%	12.20%	13.36%	14.31%	7.43%	11.16%
Revenues Before Loan Losses	31,234	29,133	25,606	23,332	21,833	20,015
Provision for Loan Losses	2,337	2,342	2,001	2,010	1,057	158
Revenue	28,897	26,791	23,605	21,322	20,776	19,857
Revenue Growth (YoY)	13.57%	13.50%	10.71%	2.63%	4.63%	22.18%
Salaries and Employee Benefits	8,221	7,576	6,669	7,205	6,736	5,375
Selling, General & Administrative	6,762	6,560	6,104	4,550	4,532	4,744
Other Non-Interest Expense	1,687	1,703	1,652	1,534	1,355	1,130
Total Non-Interest Expense	16,683	15,852	14,439	13,288	12,619	11,263
EBT Excluding Unusual Items	12,214	10,939	9,166	8,034	8,157	8,594
Legal Settlements	-	-	-	-1,063	-146	-163
Other Unusual Items	-	-	-	2	-1	-
Pretax Income	12,214	10,939	9,166	6,973	7,973	8,322
Income Tax Expense	2,373	2,485	2,012	1,934	1,730	1,876
Earnings From Continuing Operations	9,841	8,454	7,154	5,039	6,243	6,446
Minority Interest in Earnings	-23	-25	-39	-38	-23	-17
Net Income	9,818	8,429	7,115	5,001	6,220	6,429
Preferred Dividends & Other Adjustments	418	364	263	267	171	158
Net Income to Common	9,400	8,065	6,852	4,734	6,049	6,271
Net Income Growth	25.53%	18.47%	42.27%	-19.60%	-3.25%	69.63%
Basic Shares Outstanding	926	935	939	916	903	898
Diluted Shares Outstanding	932	941	942	916	906	900
Shares Change (YoY)	-1.50%	-0.11%	2.78%	1.16%	0.59%	0.93%
EPS (Basic)	10.15	8.62	7.29	5.17	6.70	6.98
EPS (Diluted)	10.07	8.57	7.28	5.17	6.68	6.96
EPS Growth	26.59%	17.72%	40.81%	-22.61%	-4.02%	69.34%
Dividend Per Share	4.080	3.880	3.600	3.440	3.270	2.920
Dividend Growth	9.09%	7.78%	4.65%	5.20%	11.99%	0.34%
Effective Tax Rate	19.43%	22.72%	21.95%	27.73%	21.70%	22.54%