Canadian Imperial Bank of Commerce (CM)
| Market Cap | 41.63B |
| Revenue (ttm) | 15.82B |
| Net Income (ttm) | 4.38B |
| Shares Out | 906.15M |
| EPS (ttm) | 4.84 |
| PE Ratio | 9.50 |
| Forward PE | 8.42 |
| Dividend | $2.45 (5.33%) |
| Ex-Dividend Date | Dec 27, 2022 |
| Volume | 56,390 |
| Open | 45.60 |
| Previous Close | 45.97 |
| Day's Range | 45.85 - 46.26 |
| 52-Week Range | 39.40 - 65.89 |
| Beta | 1.03 |
| Analysts | Buy |
| Price Target | 49.06 (+6.82%) |
| Earnings Date | Feb 24, 2023 |
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... [Read more]
Financial Performance
In 2022, CM's revenue was 21.83 billion, an increase of 9.08% compared to the previous year's 20.02 billion. Earnings were 6.05 billion, a decrease of -3.54%.
Financial numbers in CAD Financial StatementsAnalyst Forecast
According to 25 analysts, the average rating for CM stock is "Buy." The 12-month stock price forecast is $49.06, which is an increase of 6.82% from the latest price.
News
Canadian Imperial (CM) Asked to Pay $848 Million to Cerberus
Canadian Imperial (CM) needs to pay $848 million in damages to Cerberus in relation to a contract dispute tied to the 2008 global financial crisis.
CIBC to appeal decision in Cerberus matter
TORONTO , Jan. 4, 2023 /PRNewswire/ - CIBC (TSX: CM) (NYSE: CM) announced that it intends to appeal the New York Court decision released after close of business on January 3, 2023 finding CIBC liable ...
7 Income Stocks for the Millionaire Portfolio
Millionaire investors searching for income stocks to buy have a different problem than the rest of the market players. They need to balance their portfolio's preservation of capital against generating...
Canadian Imperial (CM) Stock Dips as Q4 Earnings Decline Y/Y
Canadian Imperial (CM) records a rise in revenues and expenses in the fourth quarter of fiscal 2022 (ended Oct 31).
CIBC comments on ruling in Cerberus matter
TORONTO , Dec. 2, 2022 /PRNewswire/ - CIBC (TSX:CM) (NYSE:CM) announced today that a New York court issued a liability ruling against CIBC late in the afternoon on December 1, 2022, in a lawsuit broug...
Analysts Estimate Canadian Imperial Bank (CM) to Report a Decline in Earnings: What to Look Out for
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.
HSBC's Canada unit loses National Bank, CIBC as bidders, Global and Mail reports
National Bank of Canada and Canadian Imperial Bank of Commerce (CIBC) have dropped out as bidders for HSBC Holdings PLC's business in Canada, while Bank of Montreal is still pursuing the deal, accordi...
BNPQY vs. CM: Which Stock Should Value Investors Buy Now?
BNPQY vs. CM: Which Stock Is the Better Value Option?
CIBC Announces Senior Executive Appointments
TORONTO , Oct. 4, 2022 /PRNewswire/ - CIBC (TSX: CM) (NYSE: CM) President and CEO Victor Dodig today announced senior leadership appointments to further the bank's client-focused strategy. "We have bu...
The 3 Best Bank Stocks to Buy Now
The Globe and Mail published an article on Sept. 23 that discussed the terrifying — and highly profitable — journey of a bank stock.
BCS vs. CM: Which Stock Should Value Investors Buy Now?
BCS vs. CM: Which Stock Is the Better Value Option?
BCS or CM: Which Is the Better Value Stock Right Now?
BCS vs. CM: Which Stock Is the Better Value Option?
Canadian Imperial (CM) Q3 Earnings Fall on Higher Provisions
Higher provisions and a rise in non-interest expenses hurt Canadian Imperial's (CM) fiscal Q3 earnings.
Canadian Imperial Bank (CM) Beats Q3 Earnings and Revenue Estimates
Canadian Imperial Bank (CM) delivered earnings and revenue surprises of 3.57% and 2.30%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?
Canadian lender CIBC posts fall in third-quarter earnings
Canadian Imperial Bank of Commerce on Thursday reported a fall in third-quarter earnings, as the lender set aside higher provisions to prepare for defaults arising from a slowdown in the economy.
Canadian banks face Q3 earnings declines on provisions, markets woes
Canadian banks are expected to post declines in profits on average in the third quarter as a murky economic outlook drives up provisions for credit losses (PCL) while market turmoil pressures capital ...
BNPQY or CM: Which Is the Better Value Stock Right Now?
BNPQY vs. CM: Which Stock Is the Better Value Option?
Why Canadian Imperial Bank (CM) is a Top Dividend Stock for Your Portfolio
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?
KBCSY or CM: Which Is the Better Value Stock Right Now?
KBCSY vs. CM: Which Stock Is the Better Value Option?
CIB or CM: Which Is the Better Value Stock Right Now?
CIB vs. CM: Which Stock Is the Better Value Option?
Canadian Imperial (CM) Down as Q2 Earnings Fall on Higher Costs
An increase in expenses and higher provisions hurt Canadian Imperial's (CM) fiscal Q2 earnings, despite a rise in loan demand aiding revenues.
Canadian Imperial Bank (CM) Beats Q2 Earnings and Revenue Estimates
Canadian Imperial Bank (CM) delivered earnings and revenue surprises of 0.72% and 3.87%, respectively, for the quarter ended April 2022. Do the numbers hold clues to what lies ahead for the stock?
BSMX vs. CM: Which Stock Should Value Investors Buy Now?
BSMX vs. CM: Which Stock Is the Better Value Option?
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.