Canadian Imperial Bank of Commerce (CM)

CM Statistics

Total Valuation

CM has a market cap or net worth of $61.77 billion.

Market Cap	61.77B
Enterprise Value	n/a

Important Dates

The next confirmed earnings date is Thursday, December 5, 2024, before market open.

Earnings Date	Dec 5, 2024
Ex-Dividend Date	Sep 27, 2024

Share Statistics

CM has 944.55 million shares outstanding. The number of shares has increased by 2.64% in one year.

Current Share Class	944.55M
Shares Outstanding	944.55M
Shares Change (YoY)	+2.64%
Shares Change (QoQ)	+0.64%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	943.57M

Valuation Ratios

The trailing PE ratio is 13.21 and the forward PE ratio is 12.14.

PE Ratio	13.21
Forward PE	12.14
PS Ratio	n/a
Forward PS	2.36
PB Ratio	n/a
P/TBV Ratio	1.82
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 12.37%.

Return on Equity (ROE)	12.37%
Return on Assets (ROA)	0.69%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$325,943
Profits Per Employee	$92,727
Employee Count	50,427
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, CM has paid $1.35 billion in taxes.

Income Tax	1.35B
Effective Tax Rate	21.65%

Stock Price Statistics

The stock price has increased by +67.87% in the last 52 weeks. The beta is 1.13, so CM's price volatility has been higher than the market average.

Beta (5Y)	1.13
52-Week Price Change	+67.87%
50-Day Moving Average	62.44
200-Day Moving Average	53.01
Relative Strength Index (RSI)	69.49
Average Volume (20 Days)	683,509

Short Selling Information

The latest short interest is 11.38 million, so 1.20% of the outstanding shares have been sold short.

Short Interest	11.38M
Short Previous Month	19.53M
Short % of Shares Out	1.20%
Short % of Float	1.21%
Short Ratio (days to cover)	11.96

Income Statement

In the last 12 months, CM had revenue of $16.44 billion and earned $4.68 billion in profits. Earnings per share was $5.00.

Revenue	16.44B
Gross Profit	16.44B
Operating Income	6.24B
Pretax Income	5.79B
Net Income	4.68B
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$5.00

Balance Sheet

The company has $190.53 billion in cash and $187.00 billion in debt, giving a net cash position of $3.53 billion or $3.74 per share.

Cash & Cash Equivalents	190.53B
Total Debt	187.00B
Net Cash	3.53B
Net Cash Per Share	$3.74
Equity (Book Value)	41.83B
Book Value Per Share	42.25
Working Capital	-426.06B

Cash Flow

In the last 12 months, operating cash flow was -$5.66 billion and capital expenditures -$713.80 million, giving a free cash flow of -$6.27 billion.

Operating Cash Flow	-5.66B
Capital Expenditures	-713.80M
Free Cash Flow	-6.27B
FCF Per Share	-$6.64

Margins

Gross Margin	n/a
Operating Margin	37.98%
Pretax Margin	37.95%
Profit Margin	29.56%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	17.95%

Dividends & Yields

This stock pays an annual dividend of $2.67, which amounts to a dividend yield of 4.08%.

Dividend Per Share	$2.67
Dividend Yield	4.08%
Dividend Growth (YoY)	4.55%
Years of Dividend Growth	1
Payout Ratio	53.41%
Buyback Yield	-2.64%
Shareholder Yield	1.44%
Earnings Yield	7.57%
FCF Yield	-10.16%

Analyst Forecast

The average price target for CM is $81.00, which is 23.82% higher than the current price. The consensus rating is "Buy".

Price Target	$81.00
Price Target Difference	23.82%
Analyst Consensus	Buy
Analyst Count	2
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on May 16, 2022. It was a forward split with a ratio of 2:1.

Last Split Date	May 16, 2022
Split Type	Forward
Split Ratio	2:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	2