National Bank Financial Predicts CM FY2025 Earnings

Key Points

• National Bank Financial has raised its earnings forecast for Canadian Imperial Bank of Commerce (CIBC) for FY2025 to $6.06 per share, up from a previous estimate of $5.89.
• In the most recent quarter, CIBC reported earnings of $1.57 per share, surpassing expectations of $1.43, with a net revenue of $5.24 billion.
• The bank recently declared a quarterly dividend increase to $0.97 per share, reflecting a shift from the earlier dividend of $0.70 and translating to an annualized yield of 5.0%.

Canadian Imperial Bank of Commerce (NYSE:CM - Free Report) TSE: CM - Investment analysts at National Bank Financial lifted their FY2025 earnings estimates for shares of Canadian Imperial Bank of Commerce in a research note issued to investors on Thursday, August 28th. National Bank Financial analyst G. Dechaine now anticipates that the bank will earn $6.06 per share for the year, up from their prior forecast of $5.89. National Bank Financial currently has a "Sector Perform" rating on the stock. The consensus estimate for Canadian Imperial Bank of Commerce's current full-year earnings is $5.50 per share. National Bank Financial also issued estimates for Canadian Imperial Bank of Commerce's Q4 2025 earnings at $1.45 EPS and FY2026 earnings at $6.54 EPS.

Canadian Imperial Bank of Commerce (NYSE:CM - Get Free Report) TSE: CM last posted its earnings results on Thursday, August 28th. The bank reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.14. Canadian Imperial Bank of Commerce had a return on equity of 14.67% and a net margin of 12.94%.The firm had revenue of $5.24 billion for the quarter, compared to analyst estimates of $5.12 billion. During the same period in the previous year, the company posted $1.93 earnings per share. The company's revenue for the quarter was up 3.3% on a year-over-year basis.

Other analysts also recently issued reports about the stock. Wall Street Zen upgraded shares of Canadian Imperial Bank of Commerce from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Scotiabank initiated coverage on shares of Canadian Imperial Bank of Commerce in a report on Thursday, May 15th. They set a "sector outperform" rating on the stock. Royal Bank Of Canada boosted their price objective on shares of Canadian Imperial Bank of Commerce from $112.00 to $113.00 and gave the company an "outperform" rating in a research report on Friday. Finally, BMO Capital Markets increased their target price on Canadian Imperial Bank of Commerce from $98.00 to $102.00 and gave the stock an "outperform" rating in a report on Friday, May 30th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Canadian Imperial Bank of Commerce presently has an average rating of "Moderate Buy" and a consensus price target of $107.50.

Canadian Imperial Bank of Commerce Trading Up 0.2%

NYSE:CM opened at $77.20 on Monday. Canadian Imperial Bank of Commerce has a fifty-two week low of $53.62 and a fifty-two week high of $77.73. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.04 and a quick ratio of 1.04. The stock has a market capitalization of $71.75 billion, a PE ratio of 13.04, a price-to-earnings-growth ratio of 1.68 and a beta of 1.03. The business's 50-day simple moving average is $72.72 and its 200-day simple moving average is $65.59.

Canadian Imperial Bank of Commerce Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 28th. Stockholders of record on Monday, September 29th will be paid a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date is Monday, September 29th. This is a positive change from Canadian Imperial Bank of Commerce's previous quarterly dividend of $0.70. Canadian Imperial Bank of Commerce's dividend payout ratio is currently 49.56%.

Institutional Investors Weigh In On Canadian Imperial Bank of Commerce

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in Canadian Imperial Bank of Commerce by 3.5% in the second quarter. Vanguard Group Inc. now owns 41,410,285 shares of the bank's stock valued at $2,939,385,000 after buying an additional 1,382,123 shares during the period. Toronto Dominion Bank lifted its stake in Canadian Imperial Bank of Commerce by 1.1% during the 4th quarter. Toronto Dominion Bank now owns 22,138,015 shares of the bank's stock valued at $1,398,619,000 after acquiring an additional 234,088 shares in the last quarter. Bank of Nova Scotia boosted its holdings in Canadian Imperial Bank of Commerce by 4.5% during the first quarter. Bank of Nova Scotia now owns 17,967,436 shares of the bank's stock worth $1,010,849,000 after purchasing an additional 773,174 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Canadian Imperial Bank of Commerce by 31.6% in the 1st quarter. JPMorgan Chase & Co. now owns 10,581,914 shares of the bank's stock valued at $595,762,000 after purchasing an additional 2,538,808 shares during the period. Finally, Norges Bank purchased a new position in Canadian Imperial Bank of Commerce in the second quarter valued at about $730,245,000. Institutional investors own 49.88% of the company's stock.

Canadian Imperial Bank of Commerce Company Profile

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.

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