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Side-by-side financial comparison of CANADIAN IMPERIAL BANK OF COMMERCE (CM) and Viking Holdings Ltd (VIK). Click either name above to swap in a different company.

CANADIAN IMPERIAL BANK OF COMMERCE is the larger business by last-quarter revenue ($6.1B vs $4.0B, roughly 1.5× Viking Holdings Ltd). CANADIAN IMPERIAL BANK OF COMMERCE runs the higher net margin — 36.9% vs 12.9%, a 24.0% gap on every dollar of revenue.

The Imperial Bank of Canada was a Canadian bank that operated from 1873 to 1961. In 1961, Imperial merged with the Canadian Bank of Commerce to become the Canadian Imperial Bank of Commerce.

Norwegian Cruise Line Holdings (NCLH) is a holding company that is based in the United States and domiciled in Bermuda. It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world. It is a publicly traded company listed on the New York Stock Exchange.

CM vs VIK — Head-to-Head

Bigger by revenue
CM
CM
1.5× larger
CM
$6.1B
$4.0B
VIK
Higher net margin
CM
CM
24.0% more per $
CM
36.9%
12.9%
VIK

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
CM
CM
VIK
VIK
Revenue
$6.1B
$4.0B
Net Profit
$2.3B
$514.0M
Gross Margin
73.4%
Operating Margin
15.2%
Net Margin
36.9%
12.9%
Revenue YoY
Net Profit YoY
35.4%
EPS (diluted)
$1.15

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CM
CM
VIK
VIK
Q1 26
$6.1B
Q3 25
$5.3B
$4.0B
Q2 25
$5.1B
$2.3B
Q1 25
$718.2M
Q3 24
$3.6B
Q2 24
$2.1B
Net Profit
CM
CM
VIK
VIK
Q1 26
$2.3B
Q3 25
$1.5B
$514.0M
Q2 25
$1.5B
$439.2M
Q1 25
$-105.5M
Q3 24
$379.7M
Q2 24
$159.8M
Gross Margin
CM
CM
VIK
VIK
Q1 26
Q3 25
73.4%
Q2 25
55.7%
Q1 25
17.3%
Q3 24
74.7%
Q2 24
57.8%
Operating Margin
CM
CM
VIK
VIK
Q1 26
Q3 25
15.2%
Q2 25
23.7%
Q1 25
-1.3%
Q3 24
13.6%
Q2 24
20.5%
Net Margin
CM
CM
VIK
VIK
Q1 26
36.9%
Q3 25
28.9%
12.9%
Q2 25
28.6%
19.1%
Q1 25
-14.7%
Q3 24
10.6%
Q2 24
7.7%
EPS (diluted)
CM
CM
VIK
VIK
Q1 26
Q3 25
$1.15
Q2 25
$0.99
Q1 25
$-0.24
Q3 24
$0.87
Q2 24
$0.38

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CM
CM
VIK
VIK
Cash + ST InvestmentsLiquidity on hand
$8.0B
$3.0B
Total DebtLower is stronger
Stockholders' EquityBook value
$47.9B
$803.5M
Total Assets
$826.8B
$11.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CM
CM
VIK
VIK
Q1 26
$8.0B
Q3 25
$13.9B
$3.0B
Q2 25
$10.2B
$2.6B
Q1 25
$2.8B
Q3 24
$2.4B
Q2 24
$1.8B
Stockholders' Equity
CM
CM
VIK
VIK
Q1 26
$47.9B
Q3 25
$45.9B
$803.5M
Q2 25
$45.2B
$278.3M
Q1 25
$-267.5M
Q3 24
$-688.9M
Q2 24
$-1.1B
Total Assets
CM
CM
VIK
VIK
Q1 26
$826.8B
Q3 25
$804.6B
$11.5B
Q2 25
$795.8B
$11.1B
Q1 25
$10.7B
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CM
CM
VIK
VIK
Operating Cash FlowLast quarter
$-1.6B
$663.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.69×
1.29×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CM
CM
VIK
VIK
Q1 26
$-1.6B
Q3 25
$4.3B
$663.9M
Q2 25
$667.2M
$470.7M
Q1 25
$587.9M
Q3 24
$828.7M
Q2 24
$419.8M
Cash Conversion
CM
CM
VIK
VIK
Q1 26
-0.69×
Q3 25
2.80×
1.29×
Q2 25
0.46×
1.07×
Q1 25
Q3 24
2.18×
Q2 24
2.63×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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