Canadian Imperial Bank of Commerce (TSX: CM)

Canada flag Canada · Delayed Price · Currency is CAD
90.72
+0.87 (0.97%)
Nov 20, 2024, 4:00 PM EST
67.32%
Market Cap 85.69B
Revenue (ttm) 22.70B
Net Income (ttm) 6.46B
Shares Out 944.55M
EPS (ttm) 6.91
PE Ratio 13.13
Forward PE 12.07
Dividend 3.60 (4.01%)
Ex-Dividend Date Sep 27, 2024
Volume 2,153,166
Open 90.34
Previous Close 89.85
Day's Range 90.08 - 90.73
52-Week Range 51.60 - 90.73
Beta 1.12
Analysts n/a
Price Target n/a
Earnings Date Dec 5, 2024

About CM

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; Capital Markets and Direct Financial Services; and Corporate and Other segments. It offers checking, savings, and business accounts; mortgages; bu... [Read more]

Sector Financials
Founded 1867
Employees 48,074
Stock Exchange Toronto Stock Exchange
Ticker Symbol CM
Full Company Profile

Financial Performance

In 2023, CM's revenue was 21.31 billion, an increase of 2.58% compared to the previous year's 20.78 billion. Earnings were 4.73 billion, a decrease of -21.84%.

Financial Statements

News

My Dividend Stock Portfolio: New October Dividend Record - 100 Holdings With 15 Buys

Investment activity in October focused on Business Development Companies, with $1,300 added to the market. Adjusted dividend income in October of $789, up 25% Y/Y and up 11% sequentially. Main picks i...

21 hours ago - Seeking Alpha

Dividend Income: Lanny's October 2024 Summary

Big Oil with BHP Billiton came big with a massive dividend. Canadian Imperial, one of the big 6 Canadian banks, sent a massive $210 dividend my way. There are a few less names now in 2024 than 2023, s...

2 days ago - Seeking Alpha

November's 5 Dividend Growth Stocks With 4.91%+ Yields

Every month we screen for potential dividend growth opportunities, which can provide some new potential ideas that could otherwise slip by. While we look for more consistent dividend growers with rela...

3 days ago - Seeking Alpha

CIBC Asset Management announces CIBC ETF cash distributions for October 2024

TORONTO , Oct. 24, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC Asset Management Inc. today announced the October 2024 cash distributions for CIBC ETFs and ETF Series of the CIBC Fixed Income Pools...

27 days ago - Benzinga

My Dividend Stock Portfolio: New September Dividend Record - 100 Holdings With 12 Buys

September's investment activity was minimal, with $1,000 invested mainly in Business Development Companies, while I traveled through Hungary, Albania, and Oman. Traveling highlighted the benefits of l...

4 weeks ago - Seeking Alpha

TD Securities’ head of research shares top Canadian stock picks

The head of Canadian research at TD Securities says three of his top picks in the Canadian stock market include Brookfield Renewable Partners L.P., Canadian Imperial Bank of Commerce (CIBC) and Celest...

6 weeks ago - BNN Bloomberg

CIBC Eyes Risk Transfer Tied to $4.5 Billion of Corporate Loans

Canadian Imperial Bank of Commerce is assessing investors’ interest in a significant risk transfer transaction that would be linked to corporate loans, according to people familiar with the matter.

6 weeks ago - BNN Bloomberg

My Dividend Stock Portfolio: New August Dividend Record - 101 Holdings With 17 Buys

Investment activity remained high in August, focusing on BDCs aiming to increase dividend income by at least $100 each month. Main portfolio picks included Ares Capital, Hercules Capital and Goldman S...

2 months ago - Seeking Alpha

Canadian Imperial Bank of Commerce files C$20B mixed shelf offering

Canadian Imperial Bank of Commerce (CM) files $20B mixed shelf offering.

2 months ago - Seeking Alpha

Are You Looking for a Top Momentum Pick? Why Canadian Imperial Bank is a Great Choice

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell ev...

2 months ago - Benzinga

CIBC Says Rate Cut Means Time Has Come to Buy Discount Bank Stocks

Now is the time for equity investors to move out of premium-traded Canadian banks and into discounted banks, analysts at Canadian Imperial Bank of Commerce said, citing lower interest rates and easing...

2 months ago - BNN Bloomberg

CIBC Asset Management announces CIBC ETF cash distributions for September 2024

TORONTO , Sept. 20, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC Asset Management Inc. today announced the September 2024 cash distributions for CIBC ETFs, which distribute monthly and quarterly. U...

2 months ago - Benzinga

Toronto Stock Exchange accepts CIBC's notice of intent for normal course issuer bid

CIBC (CM) (CM:CA) said on Friday the Toronto Stock Exchange has accepted its notice of intent to make a normal course issuer bid for up to 20M shares.

2 months ago - Seeking Alpha

CIBC Shuffles Leaders Again as Hountalas Moves to Vice Chair

Canadian Imperial Bank of Commerce is planning its second executive shuffle in six months as longtime domestic banking chief Jon Hountalas prepares to take a new role as vice chair.

2 months ago - BNN Bloomberg

PREMIUM INCOME CORPORATION ANNOUNCES AUTOMATIC TERM EXTENSION

TORONTO , Sept. 4, 2024 /CNW/ - (TSX: PIC) (TSX: PIC) Premium Income Corporation (the "Fund") is pleased to announce that the term of the Fund will be extended automatically for an additional seven ...

2 months ago - Benzinga

RBC, CIBC Pull Away From Canada Peers on Better Credit Forecast

When it comes to credit quality, two of Canada’s Big Six lenders were clear winners last quarter: Royal Bank of Canada and Canadian Imperial Bank of Commerce, which both set aside much less money to c...

2 months ago - Financial Post

CIBC Beats Estimates as US Office Woes Ease, Credit Improves

Canadian Imperial Bank of Commerce beat analyst estimates as it set aside less than expected to cover potentially sour loans and said it had worked through most of the problems in its US office portfo...

3 months ago - BNN Bloomberg

CIBC Declares Dividends for the Quarter Ending October 31, 2024

TORONTO , Aug. 29, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) announced today that its Board of Directors declared a dividend of $0.90 per share on common shares for the quarter ending October 31, 2024 ...

3 months ago - Benzinga

Canadian Imperial Bank Non-GAAP EPS of C$1.93, revenue of C$6.6B

Canadian Imperial Bank (CM) announces third-quarter 2024 results with Non-GAAP EPS of C$1.93 and revenue of C$6.6B, a 12.8% increase year-over-year.

3 months ago - Seeking Alpha

CIBC Announces Third Quarter 2024 Results

TORONTO , Aug. 29, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced its financial results for the third quarter ended July 31, 2024. Third quarter highlights Q3/24 Q3/23 (1) Q2/24 YoY Variance...

3 months ago - Benzinga