Canadian Imperial Bank of Commerce (CM)
| Market Cap | 60.45B |
| Revenue (ttm) | 16.44B |
| Net Income (ttm) | 4.68B |
| Shares Out | 944.55M |
| EPS (ttm) | 5.00 |
| PE Ratio | 12.71 |
| Forward PE | 11.90 |
| Dividend | $2.67 (4.20%) |
| Ex-Dividend Date | Sep 27, 2024 |
| Volume | 287,725 |
| Open | 64.45 |
| Previous Close | 64.07 |
| Day's Range | 63.44 - 64.76 |
| 52-Week Range | 41.77 - 65.89 |
| Beta | 1.13 |
| Analysts | Buy |
| Price Target | 81.00 (+27.3%) |
| 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]
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 numbers in CAD Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for CM stock is "Buy." The 12-month stock price forecast is $81.0, which is an increase of 27.30% from the latest price.
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...
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...
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...
Canadian Imperial Bank of Commerce Reaches For Higher Growth Even As Share Price Peaks Near Highs
CIBC stock gets its buy rating from January reaffirmed, as it appears undervalued to peers despite trading near a 10-year high. Growth indicators in loans, AUM, and global segments in the US and Europ...
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...
Canadian Imperial Bank of Commerce: Earnings Buoyed By Robust Revenue And Lower Provisions
Concerns around expenses and asset quality notwithstanding, CIBC has been one of the better-performing 'Big Six' Canadian banks this year. Fiscal Q3 results were solid. While earnings were boosted by ...
Canadian Imperial Bank of Commerce (CM) Q3 2024 Earnings Call Transcript
Canadian Imperial Bank of Commerce (NYSE:CM) Q3 2024 Earnings Conference Call August 29, 2024 8:00 AM ET Company Participants Geoff Weiss - Senior Vice President, Investor Relations Victor Dodig - Pr...
Bert's July Dividend Income Summary (2024)
In July 2024, we received $1,683.75 in dividend income. We have been buying at least 4 shares of SCHD every single week. I accepted a long time ago that Leggett & Platt's dividend cut was terrible.
Dividend Income: Lanny's July 2024 Summary
In July, we (my wife and I) received a dividend income total of $2,836.82. 2023 was up 24%. 7 months down in 2024 and the S&P 500 is still up almost 13%, despite the recent sell-offs. We have a high l...
My Dividend Stock Portfolio: New June Dividend Record - 101 Holdings With 22 Buys
Investment activity remained high in June, focusing on BDCs aiming to increase dividend income by at least $100 each month. Adjusted dividend income in June is up 27% Y/Y and 5% vs the previous quarte...
July's 5 Dividend Growth Stocks With 5.35%+ Yields
Screening dividend growth stocks can be important for income investors to find attractively priced opportunities. The number of publicly traded companies is vast, so using quant grades in dividend saf...
Canadian Imperial Bank of Commerce: Encouraging Growth In Trading Revenues
The Canadian Imperial Bank of Commerce has seen encouraging growth in trading revenues. Residential mortgages show potential for significant growth given the recent cut in interest rates by the Bank o...
Canadian Imperial Bank of Commerce (CM) Q2 2024 Earnings Call Transcript
Canadian Imperial Bank of Commerce (NYSE:CM) Q2 2024 Earnings Conference Call May 30, 2024 7:30 AM ET Company Participants Geoff Weiss - Senior Vice President, Investor Relations Victor Dodig - Presi...
CIBC Rises After Becoming Latest Canadian Bank To Post Strong Earnings
Shares of the Canadian Imperial Bank of Commerce (CM) gained in premarket trading Thursday after the bank reported second-quarter earnings above analyst expectations, the latest in a string of strong ...
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...
My Dividend Stock Portfolio: New April Dividend Record - 101 Holdings With 22 Buys
Portfolio changes in April focus on BDCs, aiming to increase dividend income by at least $100 each month. Dividend income hit a new all-time record for April of $736, basically flat Y/Y and up 12% seq...
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...
Canadian Imperial Bank: Buy This Quality Dividend At The Right Price
Canadian Imperial Bank of Commerce has rebounded from previous challenges and is showing solid growth. It's demonstrating top-line growth and has plenty of greenfield opportunities to ramp up its weal...
Canadian Imperial Bank of Commerce (CM) Q1 2024 Earnings Call Transcript
Canadian Imperial Bank of Commerce (CM) Q1 2024 Earnings Call Transcript
20 Blue-Chip Bargains For A 7% Yielding Retirement Portfolio
It's essential to recognize your goals and not get sucked into market manias. For high-yield investors looking to retire comfortably, stock price is vanity, cash flow is sanity, and dividends are real...
Canadian Imperial Bank of Commerce: Grab The 6% Dividend Yield And Double-Digit Earnings Growth
Canadian Imperial Bank of Commerce downgraded from Strong Buy to a Buy rating this time. Strong dividend case with a nearly 6% yield and proven growth over 10 years. Growth in revenue, earnings, and e...
