Canadian Imperial Bank of Commerce (CM) Balance Sheet

NYSE: CMAssets, liabilities, debt and equity over 10 years.

CM balance sheet, FY2025

October 31, 2025 · Canadian dollars

C$1.12T assets = C$1.05T liabilities + C$64.41B equity

What it ownsC$1.12TCash & ST investments: C$92.81B (8.3%)C$92.81BReceivables: C$16.91B (1.5%)Other current: C$595.0M (0.1%)PP&E: C$3.44B (0.3%)Goodwill & intangibles: C$8.37B (0.7%)LT investments: C$284.04B (25.4%)LT investmentsC$284.04B · 25%Other non-current: C$710.77B (63.6%)Other non-currentC$710.77B · 64%=How it is financedC$1.12TCurrent liabilities: C$848.45B (76.0%)Current liabilitiesC$848.45B · 76%Long-term debt: C$12.80B (1.1%)Other LT liabilities: C$191.27B (17.1%)Other LT liabilitiesC$191.27B · 17%Shareholders’ equity: C$64.41B (5.8%)C$64.41B

Both columns are drawn to the same scale: what CM owns equals what it owes plus shareholders’ equity. Hover a block for its value.

CM financial health

Debt / equity5.55
High leverage · C$5.55 of debt for each $1 of equity
Cash / debt26.1%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles0.7%
Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal FY2025.

CM balance sheet trends, FY2016–FY2025

MetricTrendThenLatestChange
Total assetsC$501.36BFY2016C$1.12TFY2025+9.3%/yr
Total liabilitiesC$477.68BFY2016C$1.05TFY2025+9.2%/yr
Shareholders’ equityC$23.67BFY2016C$64.13BFY2025+11.7%/yr
Cash & short-term investmentsC$52.43BFY2016C$92.81BFY2025+6.6%/yr
Total debtC$83.73BFY2016C$355.82BFY2025+17.4%/yr
Net cash (debt)−C$31.30BFY2016−C$263.01BFY2025−C$231.7B
Working capital−C$65.09BFY2016−C$738.14BFY2025−C$673.0B
Debt / equity3.54FY20165.55FY2025+2.01
Shares outstanding791.8MFY2016940.7MFY2025+1.9%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

CM assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

CM liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

CM debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

CM balance sheet in Canadian dollars

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Assets
Cash & short-term investmentsC$92.81BC$93.25BC$124.50BC$129.43BC$123.27BC$117.07BC$30.36BC$56.90BC$15.65BC$52.43B
Cash & equivalentsC$55.75BC$56.03BC$63.17BC$73.33BC$69.27BC$62.52BC$17.36BC$17.69BC$14.15BC$14.16B
Short-term investmentsC$37.06BC$37.22BC$61.33BC$56.10BC$54.00BC$54.55BC$13.00BC$36.21BC$1.50BC$37.25B
ReceivablesC$16.91BC$15.13BC$13.93BC$19.76BC$10.40BC$8.99BC$11.90BC$10.41BC$8.67BC$9.08B
InventoryC$0C$0−C$202.01B−C$309.67B−C$196.46B−C$190.53B−C$129.00B−C$167.46B−C$167.15BC$713,766
Other current assetsC$595.0MC$588.0MC$202.61BC$310.32BC$197.04BC$190.53BC$129.00BC$110.56BC$151.50BC$0
Total current assetsC$110.32BC$108.97BC$139.04BC$149.84BC$134.25BC$126.06BC$42.26BC$10.41BC$8.67BC$9.08B
Property, plant & equipment (net)C$3.44BC$3.36BC$3.25BC$3.38BC$3.29BC$3.00BC$1.81BC$1.79BC$1.78BC$1.90B
Goodwill & intangible assetsC$8.37BC$8.27BC$8.17BC$7.94BC$6.98BC$7.21BC$7.42BC$7.51BC$7.34BC$2.95B
Long-term investmentsC$284.04BC$255.13BC$212.02BC$176.51BC$162.06BC$149.70BC$121.90BC$102.19BC$94.13BC$88.19B
Other non-current assetsC$710.77BC$666.25BC$613.22BC$605.93BC$531.10BC$483.58BC$478.22BC$475.20BC$453.34BC$399.24B
Total assetsC$1.12TC$1.04TC$975.69BC$943.60BC$837.68BC$769.55BC$651.60BC$597.10BC$565.26BC$501.36B
Liabilities
Accounts payableC$14.03BC$14.13BC$13.24BC$11.23BC$8.85BC$8.66BC$8.44BC$7.27BC$4.95BC$4.14B
Short-term debtC$214.95BC$193.55BC$164.77BC$157.38BC$148.11BC$64.93BC$70.83BC$69.68BC$74.12BC$70.03B
Deferred revenue———−C$436.79B———C$688.0MC$683.0MC$645.0M
Total current liabilitiesC$848.45BC$797.05BC$734.62BC$703.04BC$651.90BC$73.59BC$79.27BC$76.95BC$79.07BC$74.17B
Long-term debtC$12.80BC$10.62BC$8.50BC$8.47BC$8.02BC$9.08BC$4.68BC$4.08BC$16.92BC$13.70B
Lease obligationsC$1.98BC$2.03BC$2.02BC$2.17B—C$1.87BC$0C$0C$0C$0
Other long-term liabilitiesC$191.27BC$170.84BC$176.03BC$175.78BC$131.94BC$36.82BC$38.93BC$557.90BC$517.11BC$463.98B
Total liabilitiesC$1.05TC$982.98BC$922.53BC$893.22BC$791.85BC$728.22BC$613.02BC$561.98BC$534.03BC$477.68B
Shareholders' equity
Common stock & paid-in capitalC$17.18BC$17.01BC$16.08BC$14.73BC$14.35BC$13.91BC$13.59BC$13.24BC$12.55BC$8.03B
Retained earnings (deficit)C$36.47BC$33.47BC$30.35BC$28.82BC$25.79BC$22.12BC$20.97BC$18.54BC$16.10BC$13.58B
Treasury stock——————C$0C$0−C$0−C$0
Accumulated other comprehensive incomeC$8.55BC$3.15BC$1.46BC$1.59BC$1.07BC$1.44BC$881.0MC$777.0MC$452.0MC$790.0M
Minority interestC$284.0MC$272.0MC$232.0MC$201.0M——C$0C$0C$0C$0
Total shareholders' equityC$64.13BC$58.73BC$52.93BC$50.18BC$45.65BC$41.34BC$38.58BC$35.12BC$31.24BC$23.67B
Key figures
Total debtC$355.82BC$318.65BC$281.62BC$264.62BC$236.05BC$74.01BC$75.51BC$73.76BC$91.04BC$83.73B
Net cash (debt)−C$263.01B−C$225.39B−C$157.12B−C$135.20B−C$112.79BC$43.06B−C$45.15B−C$16.87B−C$75.39B−C$31.30B
Working capital−C$738.14B−C$688.09B−C$595.58B−C$553.21B−C$517.64BC$52.47B−C$37.01B−C$66.55B−C$70.40B−C$65.09B
Tangible book valueC$55.76BC$50.46BC$44.76BC$42.24BC$38.66BC$34.12BC$31.16BC$27.61BC$23.89BC$20.72B
Shares outstanding940.7M941.7M916.2M905.7M900.4M892.0M890.9M889.3M827.1M791.8M
Current ratio0.130.140.190.210.211.710.530.140.110.12
Quick ratio0.130.140.190.210.211.710.530.870.310.83
Debt / equity5.555.435.325.275.171.791.962.102.913.54
Equity / assets5.7%5.6%5.4%5.3%5.4%5.4%5.9%5.9%5.5%4.7%

Quarterly columns are labeled by the month the quarter ended. Figures in Canadian dollars as reported (latest annual report filed December 4, 2025); data from EODHD.

CM financial position

At the end of fiscal 2025 (October 31, 2025), Canadian Imperial Bank of Commerce had total assets of C$1.12 trillion (up 7.2% from a year earlier), total liabilities of C$1.05 trillion and shareholders' equity of C$64.1 billion. It held C$92.8 billion in cash and short-term investments against C$355.8 billion of debt, net debt of C$263.0 billion. Its current ratio was 0.13. In the latest quarter (ended July 31, 2026) total assets were C$1.18 trillion and equity C$67.2 billion.

Related: CM income statement. See the CM stock overview for the latest quote and news.

CM balance sheet FAQ

What are Canadian Imperial Bank of Commerce's total assets?

Canadian Imperial Bank of Commerce reported total assets of C$1.12 trillion at the end of fiscal 2025 (October 31, 2025), compared with C$1.04 trillion a year earlier.

How much debt does Canadian Imperial Bank of Commerce have?

Canadian Imperial Bank of Commerce had C$355.8 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 5.55.

How much cash does Canadian Imperial Bank of Commerce have?

Canadian Imperial Bank of Commerce held C$92.8 billion in cash and short-term investments at the end of fiscal 2025; with C$355.8 billion of debt that is net debt of C$263.0 billion.

What is Canadian Imperial Bank of Commerce's book value?

Canadian Imperial Bank of Commerce's shareholders' equity (book value) was C$64.1 billion at the end of fiscal 2025.

What is Canadian Imperial Bank of Commerce's current ratio?

Canadian Imperial Bank of Commerce had current assets of C$110.3 billion and current liabilities of C$848.5 billion, a current ratio of 0.13 (current liabilities exceed current assets).

How much goodwill does Canadian Imperial Bank of Commerce have?

Canadian Imperial Bank of Commerce carried C$8.4 billion of goodwill and intangible assets, 0.7% of total assets, at the end of fiscal 2025.

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