Canadian Historical Income Statement
| CM Stock | USD 64.68 0.05 0.08% |
Historical analysis of Canadian Imperial income statement accounts such as Interest Expense of 38.9 B or Selling General Administrative of 5.4 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.
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.
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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
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Total Revenue
Total revenue comprises all receipts Canadian Imperial Bank generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.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.Operating Income
Operating Income is the amount of profit realized from Canadian Imperial Bank operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Canadian Imperial Bank is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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 population. At this time, Canadian Imperial's Income Before Tax is very stable compared to the past year. As of the 28th of November 2024, Income Tax Expense is likely to grow to about 2.3 B, while Total Revenue is likely to drop about 13.7 B.
| 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 |
Canadian Imperial income statement Correlations
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Canadian Imperial Account Relationship Matchups
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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 | 5.4B | |
| Total Revenue | 18.7B | 20.0B | 21.8B | 21.3B | 24.5B | 13.7B | |
| Gross Profit | 18.7B | 20.0B | 21.8B | 23.3B | 26.8B | 28.1B | |
| Other Operating Expenses | 13.8B | 11.7B | 7.5B | 11.8B | 10.6B | 5.9B | |
| Operating Income | 4.9B | 8.3B | 17.5B | 9.6B | 11.0B | 10.1B | |
| Ebit | 5.2B | 8.3B | 17.5B | 7.0B | 6.3B | 7.3B | |
| Ebitda | 6.2B | 9.3B | 18.5B | 8.1B | 9.3B | 10.6B | |
| Total Operating Expenses | (13.8B) | (11.7B) | 7.5B | 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 | 2.9B | |
| 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 | 6.1B | |
| Net Income Applicable To Common Shares | 3.7B | 6.3B | 6.0B | 4.7B | 5.4B | 3.2B | |
| Minority Interest | 181M | (17M) | (23M) | (38M) | (43.7M) | (41.5M) | |
| 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 |
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Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian Imperial. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian Imperial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.238 | Dividend Share 3.57 | Earnings Share 4.9 | Revenue Per Share 24.295 | Quarterly Revenue Growth 0.196 |
The market value of Canadian Imperial Bank is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Imperial's value that differs from its market value or its book value, called intrinsic value, which is Canadian Imperial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian Imperial's market value can be influenced by many factors that don't directly affect Canadian Imperial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.