Net Income by Segment
Reveals profitability across different business areas, highlighting which segments drive earnings and where challenges may lie.
CM’s profit base has moved from a Canada‑retail story into a multi‑engine one: core Canadian Personal & Business Banking remains a steady, growing profit driver while Commercial/Wealth shows gradual uplift, but the big change is material contribution from US Commercial and a sharp Capital Markets ramp in the latest quarter. That diversification supports higher earnings power, yet huge swings in Corporate & Other (large charge in 2023, big positive in Jan‑2026) signal one‑offs still distort headline results—dig into core run‑rate earnings.
CM Net Income by Segment
| Date | Canadian Personal and Business Banking | Canadian Commercial Banking and Wealth Management | US Commercial Banking and Wealth Management | Capital Markets | Corporate and Other |
|---|---|---|---|---|---|
| Jul 31, 2026 | C$948.00M | C$619.00M | C$320.00M | C$722.00M | -C$200.00M |
| Apr 30, 2026 | C$846.00M | C$614.00M | C$260.00M | C$792.00M | -C$47.00M |
| Jan 31, 2026 | C$960.00M | C$647.00M | C$294.00M | C$877.00M | C$322.00M |
| Oct 31, 2025 | C$796.00M | C$603.00M | C$275.00M | C$548.00M | -C$42.00M |
| Jul 31, 2025 | C$812.00M | C$598.00M | C$254.00M | C$540.00M | -C$108.00M |
| Apr 30, 2025 | C$734.00M | C$549.00M | C$173.00M | C$566.00M | -C$15.00M |
| Jan 31, 2025 | C$765.00M | C$591.00M | C$256.00M | C$619.00M | -C$60.00M |
| Oct 31, 2024 | C$792.00M | C$551.00M | C$200.00M | C$346.00M | -C$7.00M |
| Jul 31, 2024 | C$693.00M | C$501.00M | C$216.00M | C$289.00M | C$96.00M |
| Apr 30, 2024 | C$706.00M | C$488.00M | C$92.00M | C$472.00M | -C$9.00M |
| Jan 31, 2024 | C$714.00M | C$523.00M | -C$8.00M | C$522.00M | -C$23.00M |
| Oct 31, 2023 | C$699.00M | C$514.00M | C$53.00M | C$294.00M | -C$75.00M |
| Jul 31, 2023 | C$558.00M | C$490.00M | C$72.00M | C$413.00M | -C$101.00M |
| Apr 30, 2023 | C$693.00M | C$476.00M | C$55.00M | C$418.00M | C$47.00M |
| Jan 31, 2023 | C$655.00M | C$497.00M | C$202.00M | C$518.00M | -C$1.44B |
| Oct 31, 2022 | C$471.00M | C$469.00M | C$161.00M | C$378.00M | -C$294.00M |
| Jul 31, 2022 | C$595.00M | C$484.00M | C$193.00M | C$447.00M | -C$53.00M |
| Apr 30, 2022 | C$496.00M | C$480.00M | C$180.00M | C$540.00M | -C$173.00M |
| Jan 31, 2022 | C$687.00M | C$462.00M | C$226.00M | C$543.00M | -C$49.00M |
| Oct 31, 2021 | C$597.00M | C$442.00M | C$256.00M | C$378.00M | -C$233.00M |
| Jul 31, 2021 | C$642.00M | C$470.00M | C$266.00M | C$491.00M | -C$139.00M |
| Apr 30, 2021 | C$603.00M | C$399.00M | C$216.00M | C$495.00M | -C$62.00M |
| Jan 31, 2021 | C$652.00M | C$354.00M | C$188.00M | C$493.00M | -C$62.00M |
| Oct 31, 2020 | C$590.00M | C$340.00M | C$135.00M | C$310.00M | -C$359.00M |
| Jul 31, 2020 | C$457.00M | C$320.00M | C$60.00M | C$443.00M | -C$108.00M |
| Apr 30, 2020 | C$163.00M | C$206.00M | C$15.00M | C$177.00M | -C$169.00M |
| Jan 31, 2020 | C$575.00M | C$336.00M | C$165.00M | C$378.00M | -C$242.00M |
