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Earnings per Share - Summary of Earnings Per Share (Detail) - CAD ($)
$ / shares in Units, shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Jul. 31, 2022
Apr. 30, 2022
Jul. 31, 2021
Jul. 31, 2022
Jul. 31, 2021
Basic earnings per share          
Net income attributable to equity shareholders $ 1,660 $ 1,518 $ 1,725 $ 5,042 $ 4,993
Less: Preferred share dividends and distributions on other equity instruments 46 47 30 134 111
Common shareholders $ 1,614 $ 1,471 $ 1,695 $ 4,908 $ 4,882
Weighted-average common shares outstanding (thousands) 903,742 902,489 899,180 902,703 896,884
Basic earnings per share [1] $ 1.79 $ 1.63 $ 1.88 $ 5.44 $ 5.44
Diluted earnings per share          
Net income attributable to common shareholders $ 1,614 $ 1,471 $ 1,695 $ 4,908 $ 4,882
Weighted-average common shares outstanding (thousands) 903,742 902,489 899,180 902,703 896,884
Add: Stock options potentially exercisable (2) (thousands) 1,590 2,910 2,644 2,429 1,803
Add: Equity-settled consideration (thousands) 286 340 472 315 338
Weighted-average diluted common shares outstanding (thousands) 905,618 905,739 902,296 905,447 899,025
Diluted earnings per share [1] $ 1.78 $ 1.62 $ 1.88 $ 5.42 $ 5.43
[1] On April 7, 2022, CIBC shareholders approved a two-for-one share split (Share Split) of CIBC’s issued and outstanding common shares. Each shareholder of record at the close of business on May 6, 2022 (Record Date) received one additional share on May 13, 2022 (Payment Date) for every one share held on the Record Date. All common share numbers and per common share amounts have been adjusted to reflect the Share Split as if it was retroactively applied to all periods presented.