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:
HDFC Bank Limited
of UNITED STATES
(2020
sales of $20.80 billion
of which 73%
was Retail Banking),
Australia and New Zealand Banking Group Ltd - ADR
of UNITED STATES
($20.46 billion
of which 26%
was Australia), and
Westpac Banking Corporation
which is
also
based in UNITED STATES
($20.77 billion
of which 28%
was Consumer).
Sales Analysis.
Canadian Imperial Bank of Commerce reported sales of C$25.14 billion (US$19.93 billion)
for the
fiscal
year ending
October of 2020.
This
represents
a
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)
and
U.S Commercial Banking and Wealth Manage (up 4.5% to C$2.05 billion)
.