Canadian Historical Income Statement

CM Stock

CAD 90.88 0.46 0.51%

Historical analysis of Canadian Imperial income statement accounts such as Interest Expense of 38.9 B, Selling General Administrative of 5.5 B or Total Revenue of 14.6 B can show how well Canadian Imperial Bank performed in making a profits. Evaluating Canadian Imperial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Canadian Imperial's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Canadian Imperial Bank latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Canadian Imperial Bank is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Imperial Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About Canadian Income Statement Analysis

Canadian Imperial Bank Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Canadian Imperial shareholders. The income statement also shows Canadian investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Canadian Imperial Income Statement Chart

At this time, Canadian Imperial's Interest Income is very stable compared to the past year.

Selling General Administrative Gross Profit Other Operating Expenses Selling And Marketing Expenses

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Canadian Imperial Bank minus its cost of goods sold. It is profit before Canadian Imperial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Canadian Imperial Bank. It is also known as Canadian Imperial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Canadian Imperial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Canadian Imperial Bank current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Imperial Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

At this time, Canadian Imperial's Interest Income is very stable compared to the past year.

	2021	2022	2023	2024 (projected)
Interest Expense	9.5B	32.2B	37.0B	38.9B
Depreciation And Amortization	1.0B	1.1B	1.3B	1.4B

Interest Expense Depreciation And Amortization

Canadian Imperial income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling And Marketing Expenses	Cost Of Revenue	Net Income From Continuing Ops	Minority Interest	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.74	0.77	0.75	0.76	0.79	-0.03	-0.06	0.05	0.42	0.82	-0.02	0.5	0.87	0.42	-0.82	0.69	-0.82	0.82	0.88	0.82	0.87
Interest Expense	0.74		0.57	0.45	0.52	0.64	-0.07	0.08	0.12	0.86	0.57	-0.34	0.12	0.8	0.45	-0.54	0.41	-0.73	0.64	0.72	0.99	0.63
Selling General Administrative	0.77	0.57		0.96	0.97	0.61	0.12	-0.13	0.0	0.29	0.76	0.16	0.78	0.72	0.48	-0.73	0.72	-0.7	0.87	0.91	0.65	0.82
Total Revenue	0.75	0.45	0.96		0.99	0.6	0.17	-0.01	0.13	0.13	0.81	0.18	0.88	0.71	0.55	-0.77	0.81	-0.63	0.9	0.91	0.55	0.81
Gross Profit	0.76	0.52	0.97	0.99		0.61	0.15	0.0	0.14	0.22	0.78	0.13	0.84	0.73	0.56	-0.76	0.77	-0.66	0.91	0.92	0.61	0.81
Other Operating Expenses	0.79	0.64	0.61	0.6	0.61		-0.55	-0.12	-0.04	0.2	0.61	-0.06	0.33	0.68	0.26	-0.82	0.47	-0.52	0.63	0.7	0.7	0.82
Operating Income	-0.03	-0.07	0.12	0.17	0.15	-0.55		0.4	0.41	0.15	0.23	-0.1	0.34	0.17	0.32	0.09	0.38	-0.23	0.24	0.16	-0.05	-0.1
Ebit	-0.06	0.08	-0.13	-0.01	0.0	-0.12	0.4		0.99	0.18	0.09	-0.65	0.03	0.28	0.07	-0.19	0.26	-0.3	0.24	0.17	0.04	0.09
Ebitda	0.05	0.12	0.0	0.13	0.14	-0.04	0.41	0.99		0.18	0.18	-0.62	0.15	0.36	0.13	-0.3	0.35	-0.39	0.36	0.29	0.1	0.21
Total Operating Expenses	0.42	0.86	0.29	0.13	0.22	0.2	0.15	0.18	0.18		0.27	-0.43	-0.12	0.54	0.26	-0.12	0.15	-0.6	0.37	0.41	0.8	0.26
Income Before Tax	0.82	0.57	0.76	0.81	0.78	0.61	0.23	0.09	0.18	0.27		0.11	0.79	0.9	0.45	-0.73	0.95	-0.77	0.9	0.84	0.68	0.68
Total Other Income Expense Net	-0.02	-0.34	0.16	0.18	0.13	-0.06	-0.1	-0.65	-0.62	-0.43	0.11		0.37	-0.26	-0.2	0.13	0.01	0.2	-0.1	-0.15	-0.25	-0.16
Net Income	0.5	0.12	0.78	0.88	0.84	0.33	0.34	0.03	0.15	-0.12	0.79	0.37		0.55	0.4	-0.56	0.86	-0.48	0.79	0.68	0.24	0.5
Income Tax Expense	0.87	0.8	0.72	0.71	0.73	0.68	0.17	0.28	0.36	0.54	0.9	-0.26	0.55		0.48	-0.77	0.84	-0.88	0.92	0.9	0.85	0.78
Selling And Marketing Expenses	0.42	0.45	0.48	0.55	0.56	0.26	0.32	0.07	0.13	0.26	0.45	-0.2	0.4	0.48		-0.42	0.5	-0.24	0.54	0.57	0.47	0.38
Cost Of Revenue	-0.82	-0.54	-0.73	-0.77	-0.76	-0.82	0.09	-0.19	-0.3	-0.12	-0.73	0.13	-0.56	-0.77	-0.42		-0.7	0.71	-0.79	-0.86	-0.62	-0.92
Net Income From Continuing Ops	0.69	0.41	0.72	0.81	0.77	0.47	0.38	0.26	0.35	0.15	0.95	0.01	0.86	0.84	0.5	-0.7		-0.7	0.9	0.8	0.51	0.61
Minority Interest	-0.82	-0.73	-0.7	-0.63	-0.66	-0.52	-0.23	-0.3	-0.39	-0.6	-0.77	0.2	-0.48	-0.88	-0.24	0.71	-0.7		-0.81	-0.82	-0.77	-0.72
Tax Provision	0.82	0.64	0.87	0.9	0.91	0.63	0.24	0.24	0.36	0.37	0.9	-0.1	0.79	0.92	0.54	-0.79	0.9	-0.81		0.96	0.71	0.81
Net Interest Income	0.88	0.72	0.91	0.91	0.92	0.7	0.16	0.17	0.29	0.41	0.84	-0.15	0.68	0.9	0.57	-0.86	0.8	-0.82	0.96		0.79	0.92
Interest Income	0.82	0.99	0.65	0.55	0.61	0.7	-0.05	0.04	0.1	0.8	0.68	-0.25	0.24	0.85	0.47	-0.62	0.51	-0.77	0.71	0.79		0.7
Reconciled Depreciation	0.87	0.63	0.82	0.81	0.81	0.82	-0.1	0.09	0.21	0.26	0.68	-0.16	0.5	0.78	0.38	-0.92	0.61	-0.72	0.81	0.92	0.7

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Canadian Imperial Account Relationship Matchups

Canadian Imperial income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	993M	1.0B	1.0B	1.1B	1.3B	1.4B
Interest Expense	6.5B	3.3B	9.5B	32.2B	37.0B	38.9B
Selling General Administrative	6.3B	6.5B	7.2B	7.6B	8.7B	5.5B
Total Revenue	18.7B	20.0B	21.8B	21.3B	24.5B	14.6B
Gross Profit	18.7B	20.0B	21.8B	23.3B	26.8B	14.7B
Other Operating Expenses	13.8B	11.7B	4.3B	11.8B	13.5B	14.2B
Operating Income	4.9B	8.3B	17.5B	9.6B	8.6B	7.5B
Ebit	4.8B	8.3B	7.9B	6.9B	6.2B	6.0B
Ebitda	5.8B	9.3B	9.0B	8.1B	7.2B	6.4B
Total Operating Expenses	(13.8B)	(11.7B)	(4.3B)	11.8B	10.6B	11.1B
Income Before Tax	4.9B	8.3B	8.0B	7.0B	8.0B	8.4B
Total Other Income Expense Net	(1.9B)	(1.4B)	(1.5B)	(2.6B)	(3.0B)	(3.1B)
Net Income	3.8B	6.4B	6.2B	5.0B	5.7B	3.1B
Income Tax Expense	1.1B	1.9B	1.7B	1.9B	2.2B	2.3B
Selling And Marketing Expenses	271M	237M	334M	304M	349.6M	290.7M
Net Income From Continuing Ops	3.8B	6.4B	6.2B	5.0B	5.8B	5.3B
Net Income Applicable To Common Shares	5.0B	3.7B	6.3B	6.0B	7.0B	5.1B
Minority Interest	181M	(17M)	(23M)	(38M)	(34.2M)	(32.5M)
Tax Provision	1.1B	1.9B	1.7B	1.9B	2.2B	1.5B
Net Interest Income	11.0B	11.5B	12.6B	12.8B	14.7B	11.5B
Interest Income	17.5B	14.7B	22.2B	45.0B	51.8B	54.4B
Reconciled Depreciation	1.3B	1.0B	1.0B	1.1B	1.3B	1.0B

Pair Trading with Canadian Imperial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Imperial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Imperial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Canadian Stock

0.85	RY-PS	Royal Bank Earnings Call This Week	Pair Corr
0.95	RY	Royal Bank Earnings Call This Week	Pair Corr
0.88	RY-PM	Royal Bank Earnings Call This Week	Pair Corr
0.8	TD-PFI	Toronto Dominion Bank Earnings Call This Week	Pair Corr

Moving against Canadian Stock

0.55

Toronto Dominion Bank Earnings Call This Week

Pair Corr

The ability to find closely correlated positions to Canadian Imperial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Imperial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Imperial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Imperial Bank to buy it.

The correlation of Canadian Imperial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Imperial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Imperial Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Canadian Imperial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Canadian Imperial Bank is a strong investment it is important to analyze Canadian Imperial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Canadian Imperial's future performance. For an informed investment choice regarding Canadian Stock, refer to the following important reports:

How To Invest In Canadian

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Is Canadian Stock a good investment?

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What is Canadian Imperial's Net Worth?

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Largest Diversified Banks Companies

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Largest Banks - Diversified Companies

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You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Please note, there is a significant difference between Canadian Imperial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Imperial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Imperial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Canadian Historical Income Statement

About Canadian Income Statement Analysis

Canadian Imperial Income Statement Chart

Gross Profit

Other Operating Expenses

Canadian Imperial income statement Correlations

Canadian Imperial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Canadian Imperial income statement Accounts

Pair Trading with Canadian Imperial

Moving together with Canadian Stock

Moving against Canadian Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Interest Income	+ 0.99	Interest Expense
Gross Profit	+ 0.99	Total Revenue
Ebitda	+ 0.99	Ebit
Gross Profit	+ 0.97	Selling General Administrative
Total Revenue	+ 0.96	Selling General Administrative
Net Interest Income	+ 0.96	Tax Provision

Reconciled Depreciation	- 0.92	Cost Of Revenue
Minority Interest	- 0.88	Income Tax Expense
Net Interest Income	- 0.86	Cost Of Revenue
Net Interest Income	- 0.82	Minority Interest
Cost Of Revenue	- 0.82	Other Operating Expenses
Minority Interest	- 0.82	Depreciation And Amortization