Canadian Imperial Bank of Commerce (CM)

NYSE: CM · IEX Real-Time Price · USD
53.45
-0.03 (-0.06%)
May 20, 2022 4:00 PM EDT - Market closed
Market Cap48.27B
Revenue (ttm)16.44B
Net Income (ttm)5.20B
Shares Out903.14M
EPS (ttm)5.63
PE Ratio9.50
Forward PE9.09
Dividend$7.14 (13.35%)
Ex-Dividend DateMar 25, 2022
Volume876,404
Open53.65
Previous Close53.48
Day's Range52.62 - 54.00
52-Week Range51.14 - 66.24
Beta0.99
AnalystsBuy
Price Target136.01 (+154.5%)
Earnings DateMay 26, 2022

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 four strategic business units: Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. The company offers chequing, savings, and business accounts; mortgages; loans, lines of credit...

IndustryBanks
Founded1867
CEOVictor Dodig
Employees46,030
Stock ExchangeNYSE
Ticker SymbolCM
Full Company Profile

Financial Performance

In 2021, CM's revenue was 20.02 billion, an increase of 6.80% compared to the previous year's 18.74 billion. Earnings were 6.43 billion, an increase of 69.63%.

Financial numbers in millions CADFinancial Statements

Analyst Forecast

According to 24 analysts, the average rating for CM stock is "Buy." The 12-month stock price forecast is 136.01, which is an increase of 154.46% from the latest price.

Price Target
$136.01
(154.46% upside)
Analyst Consensus: Buy
Stock Forecasts

News

BSMX vs. CM: Which Stock Should Value Investors Buy Now?

BSMX vs. CM: Which Stock Is the Better Value Option?

Other symbols:BSMX
23 hours ago - Zacks Investment Research

Earnings Preview: Canadian Imperial Bank (CM) Q2 Earnings Expected to Decline

Canadian Imperial Bank (CM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 day ago - Zacks Investment Research

Canadian Imperial Bank (CM) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Canadian Imperial Bank (CM) have what it takes?

2 weeks ago - Zacks Investment Research

BKEAY vs. CM: Which Stock Is the Better Value Option?

BKEAY vs. CM: Which Stock Is the Better Value Option?

3 weeks ago - Zacks Investment Research

2 Ultra-Safe Dividend Stocks That Yield More Than 4%

These are the types of investments you can buy and forget about for a long while.

Other symbols:WBA
1 month ago - The Motley Fool

UBS vs. CM: Which Stock Should Value Investors Buy Now?

UBS vs. CM: Which Stock Is the Better Value Option?

Other symbols:UBS
2 months ago - Zacks Investment Research

Why Canadian Imperial Bank (CM) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Canadian Imperial Bank (CM) have what it takes?

2 months ago - Zacks Investment Research

Canadian Imperial (CM) Up 6.6% as Q1 Earnings & Revenues Rise

Improvement in revenues, a decline in provisions and growth in loans aid Canadian Imperial's (CM) fiscal Q1 results. This leads to optimistic investor sentiments.

2 months ago - Zacks Investment Research

Why Earnings Season Could Be Great for Canadian Imperial Bank of Commerce (CM)

Canadian Imperial Bank of Commerce (CM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

2 months ago - Zacks Investment Research

CIBC's C$125 million settlement of financial crisis lawsuit gets court approval

Canadian Imperial Bank of Commerce has received approval from an Ontario court of a C$125 million ($98 million) settlement to resolve claims in a class-action lawsuit alleging misrepresentations made by...

3 months ago - Reuters

These Safe Stocks Can Succeed in a Higher Interest Rate Environment

These companies are stable picks for investors seeking to generate long-term portfolio value.

Other symbols:BACBMOBNSRYVRTX
3 months ago - The Motley Fool

UBS or CM: Which Is the Better Value Stock Right Now?

UBS vs. CM: Which Stock Is the Better Value Option?

Other symbols:UBS
5 months ago - Zacks Investment Research

4 Bargain-Priced Canadian Financial Stocks

If you screen for New York Stock Exchange-traded stocks with price-earnings ratios of less than 20 which pay a dividend of greater than 3%, you find these four Canadian names in the financials sector. W...

Other symbols:BMOBNSMFC
5 months ago - GuruFocus

Canadian Banks: Safe Place to Park Cash

Canadian banks operate within a government-protected oligopoly. While they are tightly regulated by the federal government, they are widely considered to be among the safest in the world and a source of...

Other symbols:BMOBNSRYTD
5 months ago - GuruFocus

Recap: Canadian Imperial Bank Q4 Earnings

Canadian Imperial Bank (NYSE:CM) reported its Q4 earnings results on Thursday, December 2, 2021 at 06:00 AM. Here's what investors need to know about the announcement.

5 months ago - Benzinga

After Plunging 8.7% in 4 Weeks, Here's Why the Trend Might Reverse for Canadian Imperial Bank (CM)

The heavy selling pressure might have exhausted for Canadian Imperial Bank (CM) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street ...

5 months ago - Zacks Investment Research

Canadian Imperial Bank Earnings Preview

Canadian Imperial Bank (NYSE:CM) is set to give its latest quarterly earnings report on Thursday, 2021-12-02. Here's what investors need to know before the announcement.

5 months ago - Benzinga

Earnings Outlook For Canadian Imperial Bank

Canadian Imperial Bank (NYSE:CM) is set to give its latest quarterly earnings report on Thursday, 2021-12-02. Here's what investors need to know before the announcement.

5 months ago - Benzinga

Canadian Imperial Bank (CM) Earnings Expected to Grow: Should You Buy?

Canadian Imperial Bank (CM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

DB or CM: Which Is the Better Value Stock Right Now?

DB vs. CM: Which Stock Is the Better Value Option?

Other symbols:DB
6 months ago - Zacks Investment Research

Canadian Imperial Bank (CM) Upgraded to Buy: Here's What You Should Know

Canadian Imperial Bank (CM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

6 months ago - Zacks Investment Research

DB vs. CM: Which Stock Should Value Investors Buy Now?

DB vs. CM: Which Stock Is the Better Value Option?

Other symbols:DB
6 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for October 21st

CM, MBCN, and RGP made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 21, 2021.

Other symbols:MBCNRGP
6 months ago - Zacks Investment Research

CIBC Bank USA Leads 6 Bank Syndicate; NADG NNN REIT Successfully Closes $202.5 Million Line of Credit

DALLAS, TX / ACCESSWIRE / October 6, 2021 / NADG NNN REIT, a private real estate investment trust, announced that it has successfully closed on a $202.5 million revolving credit facility. CIBC Bank USA ...

7 months ago - Accesswire

3 Safe Dividend Stocks to Buy Right Now

They'll pay you much more than the paltry return you'll get with the average stock in the S&P 500.

Other symbols:PEPPFE
7 months ago - The Motley Fool