TSE:CM Q3 EPS Estimate Lowered by National Bank Financial

Canadian Imperial Bank of Commerce (TSE:CM - Free Report) NYSE: CM - Equities research analysts at National Bank Financial dropped their Q3 2025 earnings estimates for Canadian Imperial Bank of Commerce in a report issued on Thursday, May 29th. National Bank Financial analyst G. Dechaine now anticipates that the company will post earnings of $1.87 per share for the quarter, down from their previous estimate of $1.88. National Bank Financial has a "Sector Perform" rating on the stock. The consensus estimate for Canadian Imperial Bank of Commerce's current full-year earnings is $6.41 per share. National Bank Financial also issued estimates for Canadian Imperial Bank of Commerce's FY2025 earnings at $8.02 EPS and FY2026 earnings at $8.45 EPS.

Several other research firms also recently commented on CM. Scotiabank raised shares of Canadian Imperial Bank of Commerce to a "strong-buy" rating in a research report on Thursday, May 15th. Jefferies Financial Group downgraded shares of Canadian Imperial Bank of Commerce from a "buy" rating to a "hold" rating and decreased their target price for the stock from C$100.00 to C$89.00 in a research report on Monday, April 21st. TD Securities decreased their price objective on Canadian Imperial Bank of Commerce from C$100.00 to C$99.00 and set a "buy" rating for the company in a report on Friday, February 28th. National Bankshares set a C$95.00 price objective on Canadian Imperial Bank of Commerce and gave the stock an "outperform" rating in a report on Thursday, May 22nd. Finally, UBS Group decreased their price target on Canadian Imperial Bank of Commerce from C$102.00 to C$96.00 in a report on Friday, February 14th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Canadian Imperial Bank of Commerce presently has a consensus rating of "Moderate Buy" and a consensus target price of C$94.31.

Canadian Imperial Bank of Commerce Stock Up 1.1%

CM stock traded up C$0.98 during midday trading on Monday, reaching C$93.90. 2,743,589 shares of the company's stock traded hands, compared to its average volume of 3,883,776. The company has a market cap of C$87.85 billion, a price-to-earnings ratio of 12.40, a P/E/G ratio of 3.03 and a beta of 1.12. The firm's fifty day moving average price is C$86.57 and its 200-day moving average price is C$87.88. Canadian Imperial Bank of Commerce has a 52 week low of C$64.63 and a 52 week high of C$96.45.

Insider Activity

In other news, Senior Officer Christina Charlotte Kramer sold 43,490 shares of the firm's stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of C$93.07, for a total transaction of C$4,047,614.30. Also, Senior Officer Sandy Sharman sold 1,027 shares of the firm's stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of C$81.27, for a total transaction of C$83,464.29. Insiders own 0.02% of the company's stock.

Canadian Imperial Bank of Commerce Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 28th. Shareholders of record on Friday, June 27th will be paid a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a yield of 4.13%. Canadian Imperial Bank of Commerce's dividend payout ratio (DPR) is presently 47.55%.

Canadian Imperial Bank of Commerce Company Profile

Canadian Imperial Bank of Commerce is Canada's fifth- largest bank, operating three business segments: retail and business banking, wealth management, and capital markets. It serves approximately 11 million personal banking and business customers, primarily in Canada.