XML 133 R70.htm IDEA: XBRL DOCUMENT v3.25.3
Segmented and geographic information (Tables)
 12 Months Ended
Oct. 31, 2025
Text Block [Abstract]  
Detailed Report of Segments and Geographic Areas
Results by reporting segments and geographic areas
 
$ millions, for the year ended October 31   Canadian
Personal
and Business
Banking		     Canadian
Commercial
Banking
and Wealth
Management		     U.S.
Commercial
Banking
and Wealth
Management		     Capital
Markets		     Corporate
and Other		     CIBC
Total		     Canada
 (1)
     U.S.
 (1)
     Caribbean
 (1)
     Other
countries
 (1)
  
2025
  
Net interest income
(2)
  
$
9,629
 
  
$
2,960
 
  
$
2,205
 
  
$
501
 
  
$
474
 
  
$
15,769
 
  
$
10,278
 
  
$
3,080
 
  
$
2,246
 
  
$
165
 
   
Non-interest income
(3)(4)
  
 
2,402
 
  
 
3,942
 
  
 
1,011
 
  
 
5,647
 
  
 
362
 
  
 
13,364
 
  
 
8,995
 
  
 
2,852
 
  
 
480
 
  
 
1,037
 
 
Total revenue
  
 
12,031
 
  
 
6,902
 
  
 
3,216
 
  
 
6,148
 
  
 
836
 
  
 
29,133
 
  
 
19,273
 
  
 
5,932
 
  
 
2,726
 
  
 
1,202
 
 
Provision for credit losses
  
 
1,764
 
  
 
166
 
  
 
175
 
  
 
208
 
  
 
29
 
  
 
2,342
 
  
 
1,947
 
  
 
256
 
  
 
29
 
  
 
110
 
 
Amortization and impairment
(5)
  
 
231
 
  
 
2
 
  
 
106
 
  
 
2
 
  
 
837
 
  
 
1,178
 
  
 
960
 
  
 
140
 
  
 
57
 
  
 
21
 
   
Other non-interest expenses
  
 
5,836
 
  
 
3,520
 
  
 
1,755
 
  
 
2,853
 
  
 
710
 
  
 
14,674
 
  
 
11,130
 
  
 
2,566
 
  
 
624
 
  
 
354
 
 
Income (loss) before income taxes
  
 
4,200
 
  
 
3,214
 
  
 
1,180
 
  
 
3,085
 
  
 
(740
)
  
 
10,939
 
  
 
5,236
 
  
 
2,970
 
  
 
2,016
 
  
 
717
 
   
Income taxes
(2)
  
 
1,093
 
  
 
873
 
  
 
222
 
  
 
812
 
  
 
(515
)
  
 
2,485
 
  
 
1,290
 
  
 
754
 
  
 
232
 
  
 
209
 
   
Net income (loss)
  
$
3,107
 
  
$
2,341
 
  
$
958
 
  
$
2,273
 
  
$
(225
)
  
$
8,454
 
  
$
3,946
 
  
$
2,216
 
  
$
1,784
 
  
$
508
 
 
Net income (loss) attributable to:
                    
 
Non-controlling interests
  
$
–
 
  
$
–
 
  
$
–
 
  
$
–
 
  
$
25
 
  
$
25
 
  
$
–
 
  
$
–
 
  
$
25
 
  
$
–
 
   
Equity shareholders
  
 
3,107
 
  
 
2,341
 
  
 
958
 
  
 
2,273
 
  
 
(250
)
  
 
8,429
 
  
 
3,946
 
  
 
2,216
 
  
 
1,759
 
  
 
508
 
   
Average assets
(6)(7)
  
$
339,909
 
  
$
 103,855
 
  
$
64,415
 
  
$
378,541
 
  
$
217,565
 
  
$
1,104,285
 
  
$
835,506
 
  
$
189,079
 
  
$
55,069
 
  
$
24,631
 
2024
 (8)
  
Net interest income
(2)
   $ 8,592     $ 2,232     $ 1,906     $ 303     $ 662     $ 13,695     $ 9,095     $ 2,569     $ 1,865     $ 166  
   
Non-interest income
(3)(4)
     2,350       3,786       914       4,497       364       11,911       8,249       2,265       626       771  
 
Total revenue
     10,942       6,018       2,820       4,800       1,026       25,606       17,344       4,834       2,491       937  
 
Provision for
 
credit losses
     1,233       123       560       84       1       2,001       1,375       623       1       2  
 
Amortization and impairment
(5)
     229       2       98       9       832       1,170       956       130       64       20  
   
Other non-interest expenses
     5,477       3,064       1,620       2,470       638       13,269       10,108       2,259       607       295  
 
Income (loss) before income
taxes
     4,003       2,829       542       2,237       (445 )      9,166       4,905       1,822       1,819       620  
   
Income taxes
(2)
     1,098       766       42       608       (502 )      2,012       1,284       422       125       181  
   
Net income (loss)
   $ 2,905     $ 2,063     $ 500     $ 1,629     $ 57     $ 7,154     $ 3,621     $ 1,400     $ 1,694     $ 439  
 
Net income (loss) attributable to:
                    
 
Non-controlling interests
   $ –     $ –     $ –     $ –     $ 39     $ 39     $ –     $ –     $ 39     $ –  
   
Equity shareholders
     2,905       2,063       500       1,629       18       7,115       3,621       1,400       1,655       439  
   
Average assets
(6)(7)
   $  333,793     $ 95,536     $  60,820     $  315,314     $  199,670     $  1,005,133     $  750,500     $  177,688     $  52,862     $  24,083  
 
(1)
Net income and average assets are allocated based on the geographic location where they are recorded.
(2)
Capital Markets net interest income and income taxes include taxable equivalent basis (TEB) adjustments of nil (2024: $
16
million) with an equivalent offset in Corporate and Other. TEB adjustment
 and related
offset
are
no longer applied since the third quarter of 2024 upon the enactment of Bill C-59 in June 2024, which eliminated the dividend received deduction for Canadian banks.
(3)
The fee and commission income within non-interest income consists primarily of underwriting and advisory fees, deposit and payment fees, credit fees, card fees, investment management and custodial fees, mutual fund fees and commissions on securities transactions. Underwriting and advisory fees are earned primarily in Capital Markets with the remainder earned in Canadian Commercial Banking and Wealth Management. Deposit and payment fees are earned primarily in Canadian Personal and Business Banking, with the remainder earned mainly in Canadian Commercial Banking and Wealth Management, Capital Markets, and Corporate and Other. Credit fees are earned primarily in Canadian Commercial Banking and Wealth Management, Capital Markets, and U.S. Commercial Banking and Wealth Management. Card fees are earned primarily in Canadian Personal and Business Banking, with the remainder earned mainly in Corporate and Other. Investment management and custodial fees are earned primarily in Canadian Commercial Banking and Wealth Management and U.S. Commercial Banking and Wealth Management, with the remainder earned mainly in Corporate and Other. Mutual fund fees are earned primarily in Canadian Commercial Banking and Wealth Management and U.S. Commercial Banking and Wealth Management. Commissions on securities transactions are earned primarily in Capital Markets, and Canadian Commercial Banking and Wealth Management.
(4)
Includes intersegment revenue, which represents internal sales commissions and revenue allocations under the Product Owner/Customer Segment/Distributor Channel allocation management model.
(5)
Comprises amortization and impairment of buildings, right-of-use assets, furniture, equipment, leasehold improvements, software and other intangible assets, and goodwill.
(6)
Assets are disclosed on an average basis as this measure is most relevant to a financial institution and is the measure reviewed by management.
(7)
Average balances are calculated as a weighted average of daily closing balances.
(8)
Certain prior year information has been restated. See the “External reporting changes” section for additional details.
Breakdown of revenue from reporting segments
The following table provides a breakdown of revenue from our reporting segments:


$ millions, for the year ended October 31
  
2025
 
 
2024
 
Canadian Personal and Business Banking
(1)
   
$
  12,031
 
    $   10,942  
Canadian Commercial Banking and Wealth Management
(1)
      
Commercial banking
   
$
2,710
 
    $ 2,465  
Wealth management
   
 
4,192
 
      3,553  
    
$
6,902
 
    $ 6,018  
U.S. Commercial Banking and Wealth Management
(1)
      
Commercial banking
   
$
2,224
 
    $ 1,971  
Wealth management
   
 
992
 
      849  
    
$
3,216
 
    $ 2,820  
Capital Markets
(1)(2)
      
Global markets
   
$
3,996
 
    $ 3,055  
Corporate and investment banking
   
 
2,152
 
      1,745  
    
$
6,148
 
    $ 4,800  
Corporate and Other
(2)
      
International banking
   
$
905
 
    $ 980  
Other
   
 
(69
)
      46  
    
$
836
 
    $ 1,026  
 
(1)
Certain prior year information has been restated. See the “External reporting changes” section for additional details.
(2)
Capital Markets net interest income
includes
TEB adjustments of
 nil (2024: $16
million) with an equivalent offset in Corporate and Other. TEB adjustment and related offset
are
no longer applied since the third quarter of 2024 upon the enactment of Bill C-59 in June 2024, which eliminated the dividend received deduction for Canadian banks.