CIBC - Canadian Imperial Bank of Commerce reported Q1 2026 results with revenue of CAD 8.4 billion (+15.0% YoY; +11.0% QoQ) and reported net income of CAD 3.1 billion (+43.0% YoY; +42.0% QoQ). Reported diluted EPS was CAD 3.21 (+47.0% YoY; +46.0% QoQ), while adjusted net income was CAD 2.7 billion (+23.0% YoY; +23.0% QoQ) and adjusted diluted EPS was CAD 2.76 (+25.0% YoY; +25.0% QoQ). Reported ROE was 20.2% (adjusted ROE 17.4%), net interest margin was 1.61% (2.06% excluding trading), and the CET1 ratio was 13.4%. Provision for credit losses was CAD 568 million. CIBC said Q1 results included items of note with a positive impact of CAD 0.45 per share, including CAD 422 million of income tax recoveries related to a capital gains distribution and utilization of capital losses, and CAD 10 million of amortization of acquisition-related intangible assets (CAD 7 million after-tax). Business unit net income in Q1 included Canadian Personal and Business Banking CAD 960 million, Canadian Commercial Banking and Wealth Management CAD 647 million, U.S. Commercial Banking and Wealth Management CAD 294 million (USD 212 million), and Capital Markets CAD 877 million. Corporate highlights cited included CIBC Asset Management ranking first among the Big 6 banks in financial year-to-date long-term mutual fund net sales in November and December 2025 (per SIMA), CIBC Capital Markets being named Financial Adviser of the Year - North America by IJInvestor Awards for the third consecutive year, and the launch of a new website for Indigenous clients with product offerings and digital account openings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CIBC - Canadian Imperial Bank of Commerce published the original content used to generate this news brief via CNW (Ref. ID: 202602260525CANADANWCANADAPR_C7485) on February 26, 2026, and is solely responsible for the information contained therein.