Canadian Imperial Bank of Commerce operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Canadian Imperial Bank of Commerce with three other
banks in North America:
Citizens Financial Group Inc
of UNITED STATES
sales of $7.68 billion
of which 65%
was Consumer Banking),
National Bank of Canada
(11.22 billion Canadian Dollars [US$8.75 billion]
of which 31%
was Personal and Commercial), and
Bank of Montreal
(32.66 billion Canadian Dollars [US$25.46 billion]
of which 25%
was Canadian P&C).
During the third
quarter of 2021, sales at Canadian Imperial Bank of Commerce totalled
practically unchanged from the previous year, and is only
an increase of 0.3%
from the C$5.79 billion in sales at the company during the third quarter of 2020.
During the first three quarters of 2021, sales totalled C$17.43 billion, which is
than through the first three
quarters of 2020.
Canadian Imperial Bank of Commerce reported sales of C$25.14 billion (US$19.59 billion)
October of 2020.
decrease of 12.3%
versus 2019, when the company's sales were C$28.66 billion.
Contributing to the drop in overall sales was the 34.6% decline
in Corporate and Other, from C$904.00 million to C$591.00 million.
There were also decreases in sales in
Canadian Personal and Small Business Ban (down 3.1% to C$8.49 billion)
However, these declines were partially offset by the increase in sales of
Capital Markets (up 18.7% to C$3.49 billion)
U.S Commercial Banking and Wealth Manage (up 4.5% to C$2.05 billion)