Canadian Imperial Bank of Commerce (TSX: CM)

Canada flag Canada · Delayed Price · Currency is CAD
65.70
+0.65 (1.00%)
Jul 2, 2024, 4:00 PM EDT
16.28%
Market Cap 61.58B
Revenue (ttm) 42.82B
Net Income (ttm) 6.35B
Shares Out 943.05M
EPS (ttm) 6.56
PE Ratio 9.93
Forward PE 9.70
Dividend 3.57 (5.43%)
Ex-Dividend Date Jun 28, 2024
Volume 11,968,988
Open 64.94
Previous Close 65.05
Day's Range n/a
52-Week Range 47.44 - 69.54
Beta 1.10
Analysts n/a
Price Target 71.86 (+9.38%)
Earnings Date Aug 29, 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 50,427
Stock Exchange Toronto Stock Exchange
Ticker Symbol CM
Full Company Profile

Financial Performance

In 2023, CM's revenue was 23.29 billion, an increase of 7.01% compared to the previous year's 21.76 billion. Earnings were 5.00 billion, a decrease of -19.69%.

Financial Statements

News

CIBC Asset Management announces CIBC ETF cash distributions for June 2024

TORONTO , June 21, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) - CIBC Asset Management Inc. today announced the June 2024 cash distributions for CIBC ETFs and ETF Series of the CIBC Fixed Income Pools, w...

11 days ago - Benzinga

CIBC to redeem Non-cumulative Rate Reset Class A Preferred Shares Series 51 (NVCC)

TORONTO , June 25, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced its intention to redeem all of its issued and outstanding Non-cumulative Rate Reset Class A Preferred Shares Series 51 (Non-...

12 days ago - Benzinga

CIBC to Issue 6.987% NVCC AT1 Limited Recourse Capital Notes

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / The prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection w...

14 days ago - Benzinga

Canadian Imperial Bank of Commerce: Encouraging Growth In Trading Revenues

The Canadian Imperial Bank of Commerce has seen encouraging growth in trading revenues. Find out why I take a bullish view on CM stock.

23 days ago - Seeking Alpha

CIBC to Issue 4.90% NVCC Subordinated Debentures due June 12, 2034

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TORONTO , June 5, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced a domestic public offering of $1....

27 days ago - Benzinga

Taking Profits In Canadian Imperial Bank

4 weeks ago - Seeking Alpha

Canadian Imperial Bank of Commerce (CM) Q2 2024 Earnings Call Transcript

Canadian Imperial Bank of Commerce (NYSE:NYSE:CM) Q2 2024 Earnings Conference Call May 30, 2024 7:30 AM ETCompany ParticipantsGeoff Weiss - Senior Vice...

4 weeks ago - Seeking Alpha

Canadian Imperial Bank of Commerce 2024 Q2 - Results - Earnings Call Presentation

The following slide deck was published by Canadian Imperial Bank of Commerce in conjunction with their 2024 Q2 earnings call.

4 weeks ago - Seeking Alpha

CIBC Rises After Becoming Latest Canadian Bank To Post Strong Earnings

Canadian Imperial Bank of Commerce's second-quarter earnings beat estimates Thursday as the bank reported growth in all of its core divisions, with solid profit growth in its U.S. operations.

4 weeks ago - Investopedia

CIBC Declares Dividends for the Quarter Ending July 31, 2024 and announces a change to its Shareholder Investment Plan

TORONTO , May 22, 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 July 31, 2024 paya...

4 weeks ago - Benzinga

CIBC Announces Second Quarter 2024 Results

TORONTO , May 30, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced its financial results for the second quarter ended April 30, 2024 . Second quarter highlights Q2/24 Q2/23 (1) Q1/24 YoY Varia...

4 weeks ago - Benzinga

CIBC hires Barclays veteran to expand leveraged finance business

Canadian Imperial Bank of Commerce (CIBC) has hired Brad Aston, a veteran of nearly two decades at Barclays , as the global head of leveraged finance in its capital markets unit, according to a memo s...

5 weeks ago - Reuters

CIBC Lands Aston From Barclays for US Leveraged-Finance Push

Canadian Imperial Bank of Commerce is bulking up its coverage in leveraged finance, hiring veteran banker Brad Aston from Barclays Plc for its capital-markets business.

5 weeks ago - Financial Post

CIBC Asset Management announces CIBC ETF cash distributions for May 2024

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

5 weeks ago - Benzinga

CIBC announces an amendment to its CARDS II securitization program

TORONTO , April 29, 2024 /PRNewswire/ - CIBC (TSX: CM) (NYSE: CM) today announced an amendment to its CARDS II securitization program. Canadian Imperial Bank of Commerce and other parties to the CARDS...

2 months ago - PRNewsWire

CIBC Asset Management announces CIBC ETF cash distributions for April 2024

TORONTO , April 23, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC Asset Management Inc. today announced the April 2024 cash distributions for CIBC ETFs and ETF Series of the CIBC Fixed Income Pools,...

2 months ago - Benzinga

CIBC CEO Dodig Says Multiple Rate Cuts This Year Are Unlikely

Canadian Imperial Bank of Commerce Chief Executive Officer Victor Dodig doesn’t expect a flurry of interest-rate cuts any time soon.

3 months ago - Financial Post

CIBC to redeem Non-cumulative Rate Reset Class A Preferred Shares Series 49 (NVCC)

TORONTO , March 21, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced its intention to redeem all of its issued and outstanding Non-cumulative Rate Reset Class A Preferred Shares Series 49 (Non...

3 months ago - Benzinga

CIBC Asset Management announces CIBC ETF cash distributions for March 2024

TORONTO , March 21, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC Asset Management Inc. today announced the March 2024 cash distributions for CIBC ETFs and ETF Series of the CIBC Fixed Income Pools,...

3 months ago - Benzinga

CIBC to Issue Institutional NVCC Preferred Shares

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TORONTO , March 5, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced a domestic public offering of $5...

4 months ago - Benzinga

Canadian Imperial Bank of Commerce (CM) Q1 2024 Earnings Call Transcript

Canadian Imperial Bank of Commerce (NYSE:NYSE:CM) Q1 2024 Earnings Conference Call February 29, 2024 7:30 AM ETCompany ParticipantsGeoff Weiss - Senior Vice...

4 months ago - Seeking Alpha