CIBC
Financial Performance
CIBC Revenue & Financials
Revenue
~$17.6B (FY2024)
Market Cap
$75B
Net Income
~$5.1B
Employees
48,000
What is CIBC's revenue?
CIBC had ~$17.6B in revenue for fiscal year 2024, up 5.1% from 2023. Net income was ~$5.1B.
- Latest revenue
- ~$17.6B (FY2024)
- Year-over-year
- +5.1%
- Growth rate (CAGR)
- 6.5% over 9 years
- Peak revenue
- ~$17.6B (FY2024)
- Years of data
- 10
- Employees
- 48,000
- How much profit does CIBC make?
- CIBC reported net income of ~$5.1B for fiscal year 2024.
- How many employees does CIBC have?
- CIBC has about 48,000 employees.
Financial Analysis
In fiscal year 2024 (ended October 31, 2024), CIBC demonstrated exceptional operational and credit resilience, achieving total revenue of C$24.50 billion, a 5.09% increase over C$23.31 billion in FY2023. Net income rose substantially to C$7.10 billion, yielding an industry-leading net profit margin of 28.98%, compared to C$5.00 billion in FY2023 (21.46% net margin). Over a ten-year horizon spanning FY2015 (C$13.86B revenue; C$3.59B net income) to FY2024, CIBC expanded its top-line revenue by 76.8% while doubling annual net earnings. Total shareholder equity expanded to C$56.0 billion, underpinning C$1.02 trillion in consolidated balance sheet assets. The bank maintains robust capital adequacy buffers, with a Common Equity Tier 1 (CET1) ratio exceeding 13.0%, well above OSFI's regulatory minimums.
Revenue Trend Analysis
YoY Change
+5.1%
9-Year CAGR
+6.5%
Peak Year
2024
Trend
Consistent Growth
CIBC has 10 full fiscal year figures on this page, compounding at +6.5% annually over 9 years. The most recent year saw a 5.1% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at ~$17.6B. Of 9 comparable year-over-year steps, 9 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | ~$17.6B | ~$5.1B | +5.1% |
| FY2023 | ~$16.8B | ~$3.6B | +6.8% |
| FY2022 | ~$15.7B | ~$4.5B | +9.1% |
| FY2021 | ~$14.4B | ~$4.6B | +6.8% |
| FY2020 | ~$13.5B | ~$2.7B | +0.7% |
| FY2019 | ~$13.4B | ~$3.7B | +4.3% |
| FY2018 | ~$12.8B | ~$3.8B | +9.5% |
| FY2017 | ~$11.7B | ~$3.4B | +8.3% |
| FY2016 | ~$10.8B | ~$3.1B | +8.5% |
| FY2015 | ~$10B | ~$2.6B | — |
Click any row to see year details.
Keep researching CIBC
CIBC Revenue and Financial FAQ
What was CIBC's revenue and net income for FY2024?
CIBC reported consolidated enterprise revenue of CAD $24.50 billion and GAAP net income of CAD $7.10 billion in fiscal year 2024.
What is CIBC's Common Equity Tier 1 (CET1) ratio?
CIBC maintained a strong CET1 capital ratio of 13.3% at fiscal year-end 2024, well above OSFI regulatory minimum requirements.
What is CIBC's dividend yield and payout history?
CIBC has paid uninterrupted dividends to shareholders since 1868, offering a dividend yield typically between 5.0% and 6.0% with a targeted 40% to 50% payout ratio.
What is the scale of CIBC's total assets?
CIBC manages approximately CAD $1.0 trillion in total consolidated assets, with over CAD $550 billion in residential and commercial loans.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "CIBC Revenue & Financials." CorpDigest, https://corpdigest.com/company/cibc/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>CIBC reported ~$17.6B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/cibc/financials" target="_blank" rel="noopener">CorpDigest — CIBC financials</a></div>Related Financial Audits
Compare revenue, net income, and market cap scale
Explore CIBC
Core profile pages, founders and related research hubs for this company.