NYSE$CM

Canadian Imperial Bank of Commerce · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

Canadian Imperial Bank of Commerce reported Q2 2026 results with 14% revenue growth and 23% higher net income year-over-year.

CIBC delivered strong Q2 2026 financial results driven by robust performance across all business units. Revenue reached $8,006 million, up 14% YoY, while reported net income was $2,465 million, up 23% YoY. Adjusted diluted EPS was $2.54, up 24% from the prior year, with CET1 ratio improving to 13.6%.

  • Revenue of $8,006 million, +14% YoY and -5% QoQ.
  • Reported net income $2,465 million (+23% YoY); adjusted net income $2,471 million (+23% YoY).
  • Reported diluted EPS $2.53 (+24% YoY); adjusted $2.54 (+24% YoY).
  • CET1 ratio 13.6%; ROE 16.4%; NIM 1.67%.

Headline financials

Total Revenue

C$8.01B

Previous: C$5.08B+57.7%
EPS (adj)

C$2.54

Previous: C$1.48+71.6%
CET1 Ratio

13.6%

Previous: 13.4%+1.5%
Adjusted ROE

16.4%

No prior period
Net Interest Margin

1.7%

No prior period
Reported ROE

16.4%

Previous: 13.8%+18.8%
Net Income

C$2.47B

Previous: C$1.45B+69.8%
Operating Income

C$3.82B

Previous: C$1.88B+103.1%

Revenue & EPS history

CIBC · Revenue · Quarterly

C$8.01B

Q2 2026+57.7%vs Q2 2025
Beat estimate in 9 of 13 quarters(69%)
ActualEstimate

Forward guidance

CIBC announced agreement to sell 91.67% interest in CIBC Caribbean for ~US$1.6 billion, expected to increase CET1 by 24 bps upon closing in H1 2027.

Tailwinds

  • Strong capital position and resilient balance sheet support strategic growth in North America.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

-0.0%

Avg return

Earnings day

-0.2%

Avg return

5 days after

-1.5%

Avg return

30 days after

47%

28 / 60 earnings

Positive

+7.4%

Q3 2015

Best reaction

-8.4%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026
Q2 2026
Q4 2025+4.2%+4.2%+5.8%
Q3 2025+2.3%+2.6%+7.3%
Q2 2025-0.1%-0.3%+2.6%
Q1 2025-0.9%-5.1%-7.1%
Q4 2023+6.7%+7.7%+22.6%
Q3 2023-2.6%-2.9%-5.6%
Q2 2023+3.3%+2.5%+2.3%
Q1 2023+2.2%+1.5%-8.6%
Q4 2022-8.4%-10.5%-16.0%
Q3 2022-1.4%-4.2%-11.3%
Q2 2022-0.6%+0.5%-10.5%
Q1 2022+4.6%+5.1%+4.8%
Q4 2021-0.8%+2.0%+5.9%
Q3 2021-3.4%-4.3%-4.1%
Q2 2021+4.3%+5.4%+3.5%
Q1 2021-2.2%+0.7%+5.5%
Q4 2020+1.9%+2.3%+0.4%
Q3 2020+2.5%+2.6%-3.9%
Q2 2020-3.7%+3.0%-1.0%
Q1 2020-2.3%-2.4%-30.3%
Q4 2019-4.7%-5.3%-4.5%
Q3 2019+0.7%+1.0%+12.0%
Q2 2019-7.8%-6.8%-4.8%
Q1 2019-3.5%-3.1%-9.3%
Q4 2018-4.2%-5.6%-15.1%
Q3 2018+0.4%+1.2%+2.7%
Q2 2018-2.2%-3.0%-3.0%
Q1 2018+2.4%+1.8%-3.4%
Q4 2017+6.9%+5.3%+9.1%
Q3 2017-1.1%-2.7%+3.4%
Q2 2017-1.2%-1.2%+1.8%
Q1 2017+0.6%-2.1%-3.6%
Q4 2016+3.8%+4.8%+3.7%
Q3 2016+1.4%+1.2%-1.5%
Q2 2016-1.3%-2.3%-3.0%
Q1 2016+4.0%
Q4 2015-3.1%
Q3 2015+7.4%
Q2 2015+0.1%
Q1 2015+2.9%
Q4 2014-5.0%
Q3 2014-1.5%
Q2 2014-3.0%
Q1 2014+2.9%
Q4 2013+0.8%
Q3 2013-0.4%
Q2 2013-2.7%
Q1 2013-1.5%
Q4 2012+1.4%
Q3 2012-0.0%
Q2 2012+0.2%
Q1 2012+2.1%
Q4 2011-4.9%
Q3 2011-0.1%
Q2 2011-0.1%
Q1 2011+2.6%
Q4 2010-0.2%
Q3 2010+0.9%
Q2 2010-1.7%
Q1 2009+1.2%

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