CIBC recasts Q3 2026 business unit results
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Rhea-AI Filing Summary
Canadian Imperial Bank of Commerce (CM) released an abridged version of its Q3 2026 Supplementary Financial Information package, recasting strategic business unit results under a previously announced realignment. Canadian and U.S. commercial banking are grouped as Commercial Banking, while Canadian and U.S. wealth management are grouped as Wealth Management.
Certain corporate costs previously recorded in Corporate and Other were allocated across all four SBUs; certain Treasury-related adjustments and other income moved to Corporate and Other, and common equity related to capital deductions was allocated across the four units. Certain fiscal 2025 and 2024 amounts were restated under the new structure for changes applied prospectively in Q1 2026, including allocations of certain dividends and distributions of preferred and other equity instruments. CIBC said the changes affected SBU and Corporate and Other results, but had no impact on consolidated financial results.
Key Figures
Key Terms
strategic business units (SBUs) financial
Corporate and Other financial
capital deductions financial
preferred and other equity instruments financial
retrospective basis financial
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 under
the Securities Exchange Act of 1934
| For the month of November 2026 | Commission File Number: 1-14678 |
CANADIAN IMPERIAL BANK OF COMMERCE
(Translation of registrant’s name into English)
CIBC Square, 81 Bay Street
Toronto, Ontario
Canada M5J 0E7
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
| Form 20-F ☐ | Form 40-F ☑ |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| CANADIAN IMPERIAL BANK OF COMMERCE | |||||
| Date: November 13, 2026 | By: | /s/ Allison Mudge | |||
| Name: | Allison Mudge | ||||
| Title: | Senior Vice-President | ||||
Exhibits
| Exhibits | Description | ||
| 99.1 | News Release Dated November 13, 2026 - CIBC releases revised Supplementary Financial Information following previously announced changes to strategic business units | ||
Exhibit 99.1
CIBC releases revised Supplementary Financial Information following previously announced changes to strategic business units
TORONTO, Nov. 13, 2026 /CNW/ -- CIBC (TSX: CM) (NYSE: CM) released today an abridged version of its Q3 2026 Supplementary Financial Information package, which reflects the performance on a retrospective basis of the strategic business units associated with the previously announced realignment. Specifically:
- We have realigned the external reporting of our commercial banking and wealth management businesses, previously within the Canadian Commercial Banking and Wealth Management, and the U.S. Commercial Banking and Wealth Management strategic business units (SBUs), to form two new SBUs: Commercial Banking (consisting of Canadian and U.S. Commercial banking), and Wealth Management (consisting of Canadian and U.S. Wealth management).
- As part of this realignment, certain corporate costs that were previously recognized in Corporate and Other were allocated to all four of our SBUs, including Canadian Personal and Business Banking and Capital Markets, certain Treasury related adjustments and other income that were previously recognized in the U.S. Commercial Banking and Wealth Management were reclassified to Corporate and Other, and certain common equity related to capital deductions that were previously in Corporate and Other was allocated to all four of our SBUs.
In addition, prior period amounts for fiscal 2025 and 2024 were restated under the new reporting structure for certain changes that were applied prospectively in the first quarter of 2026, including the allocation of certain dividends and distributions of preferred and other equity instruments, that were previously recognized in Corporate and Other to all four SBUs.
While the changes impacted the results of our SBUs and Corporate and Other to reflect the new SBU structure and changes in allocation methodologies, there was no impact to the Bank's consolidated financial results.
The abridged version of the Q3 2026 Supplementary Financial Information package is available at www.cibc.com/ca/investor-relations/quarterly-results.html.
About CIBC
CIBC is a leading North American financial institution with 15 million personal banking, business, public sector and institutional
clients. Across Personal and Business Banking, Commercial Banking, Wealth Management and Capital Markets businesses, CIBC offers a full
range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States
and around the world. Ongoing news releases and more information about CIBC can be found at https://www.cibc.com/en/about-cibc/media-centre.html.
SOURCE CIBC - Investor Relations
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2026/13/c4902.html
%CIK: 0001045520
For further information: For further information: Investor Relations: Financial analysts, portfolio managers and other investors requiring financial information may contact: Geoff Weiss, Senior Vice-President, 416-980-5093, geoffrey.weiss@cibc.com; Media Enquiries: Financial, business and trade media may contact: Erica Belling, 416-594-7251, erica.belling@cibc.com; Tom Wallis, 416-980-4048, tom.wallis@cibc.com
CO: CIBC - Investor Relations
CNW 06:00e 13-NOV-26