Canadian Imperial Bank of Commerce (CM) Stock Price, News & Analysis

Company Overview

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. Commercial Banking and Wealth Management; Capital Markets and Direct Financial Services; and Corporate and Other segments. It offers checking, savings, and business accounts; mortgages; business, car, and other loans; lines of credit, student lines of credit, and agriculture loans; and small business financing and overdraft protection services. The company also provides investment and insurance services; credit cards; and ATMs, as well as mobile, online, and global money and wire transfer services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: $73.28 to $74.00
• 50-Day Range: $66.72 to $74.40
• 52-Week Range: $47.55 to $74.63
• Volume: 931,016 shs
• Average Volume: 1.22 million shs
• Market Capitalization: $68.92 billion
• P/E Ratio: 13.00
• Dividend Yield: 3.81%
• Price Target: $109.00
• Consensus Rating: Moderate Buy

Canadian Imperial Bank of Commerce Stock Analysis - MarketRank™

Canadian Imperial Bank of Commerce scored higher than 96% of companies evaluated by MarketBeat, and ranked 72nd out of 938 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Canadian Imperial Bank of Commerce has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Canadian Imperial Bank of Commerce has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.73%

Earnings Growth

Earnings for Canadian Imperial Bank of Commerce are expected to grow by 8.73% in the coming year, from $5.50 to $5.98 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Canadian Imperial Bank of Commerce is 13.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.97.

Price to Earnings Ratio vs. Sector

The P/E ratio of Canadian Imperial Bank of Commerce is 13.00, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.03.

Price to Earnings Growth Ratio

Canadian Imperial Bank of Commerce has a PEG Ratio of 1.60. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Canadian Imperial Bank of Commerce has a P/B Ratio of 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.42% of the float of Canadian Imperial Bank of Commerce has been sold short.

Short Interest Ratio / Days to Cover

Canadian Imperial Bank of Commerce has a short interest ratio ("days to cover") of 18, which indicates bearish sentiment.

Change versus previous month

Short interest in Canadian Imperial Bank of Commerce has recently increased by 12.27%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 5.0 / 5
• Dividend Strength: Strong

Dividend Leadership

Canadian Imperial Bank of Commerce is a leading dividend payer. It pays a dividend yield of 3.83%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Canadian Imperial Bank of Commerce has been increasing its dividend for 14 years.

Dividend Coverage

The dividend payout ratio of Canadian Imperial Bank of Commerce is 49.56%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Canadian Imperial Bank of Commerce will have a dividend payout ratio of 47.16% next year. This indicates that Canadian Imperial Bank of Commerce will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.7 / 5
• Environmental Score: -0.47

Percentage of Shares Shorted

2.42% of the float of Canadian Imperial Bank of Commerce has been sold short.

Short Interest Ratio / Days to Cover

Canadian Imperial Bank of Commerce has a short interest ratio ("days to cover") of 18, which indicates bearish sentiment.

Change versus previous month

Short interest in Canadian Imperial Bank of Commerce has recently increased by 12.27%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.78

News Sentiment

Canadian Imperial Bank of Commerce has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.98 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Canadian Imperial Bank of Commerce this week, compared to 8 articles on an average week.

Search Interest

21 people have searched for CM on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Canadian Imperial Bank of Commerce to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Canadian Imperial Bank of Commerce insiders have not sold or bought any company stock.

Percentage Held by Institutions

49.88% of the stock of Canadian Imperial Bank of Commerce is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CM Stock Analysis - Frequently Asked Questions

How have CM shares performed this year?

Canadian Imperial Bank of Commerce's stock was trading at $63.23 at the start of the year. Since then, CM stock has increased by 17.0% and is now trading at $73.9850.

How were Canadian Imperial Bank of Commerce's earnings last quarter?

Canadian Imperial Bank of Commerce (NYSE:CM) issued its quarterly earnings results on Thursday, May, 29th. The bank reported $1.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.34 by $0.10. The company's revenue for the quarter was up 13.9% on a year-over-year basis.
Read the conference call transcript.

When did Canadian Imperial Bank of Commerce's stock split?

Canadian Imperial Bank of Commerce's stock split before market open on Monday, May 16th 2022.The 2-1 split was announced on Friday, February 25th 2022. The newly minted shares were payable to shareholders after the closing bell on Friday, May 13th 2022. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Does Canadian Imperial Bank of Commerce have any subsidiaries?

Canadian Imperial Bank of Commerce subsidiaries include Cleary Gull, Lowenhaupt Global Advisors, Wellington Financial, Geneva Advisors, PrivateBancorp, Canadian Imperial Holdings Inc., CIBC Asset Management Inc., and more.

Who are Canadian Imperial Bank of Commerce's major shareholders?

Canadian Imperial Bank of Commerce's top institutional investors include Cardinal Capital Management Inc. (0.20%), Value Partners Investments Inc. (0.09%), Addenda Capital Inc. (0.05%) and Lincluden Management Ltd. (0.05%).

How do I buy shares of Canadian Imperial Bank of Commerce?

Shares of CM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Canadian Imperial Bank of Commerce own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Canadian Imperial Bank of Commerce investors own include Waste Connections (WCN), American Water Works (AWK), Humana (HUM), Voyager Therapeutics (VYGR), The RMR Group (RMR), AU Optronics (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Record date for 4/28 Dividend: 3/28/2025
• Ex-Dividend for 4/28 Dividend: 3/28/2025
• Dividend Payable: 4/28/2025
• Last Earnings: 5/29/2025
• Record date for 7/28 Dividend: 6/27/2025
• Ex-Dividend for 7/28 Dividend: 6/27/2025
• Today: 7/26/2025
• Dividend Payable: 7/28/2025
• Next Earnings (Estimated): 8/27/2025
• Fiscal Year End: 10/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: BANKS - FOREIGN
• Sub-Industry: Banking
• Current Symbol: NYSE:CM
• CIK: 1045520
• Web: www.cibc.com
• Phone: (416) 980-2211
• Fax: 416-980-7012
• Employees: 48,552
• Year Founded: 1867

Price Target and Rating

• Average Price Target for Canadian Imperial Bank of Commerce: $109.00
• High Price Target: $116.00
• Low Price Target: $102.00
• Potential Upside/Downside: +47.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.69
• Trailing P/E Ratio: 13.00
• Forward P/E Ratio: 13.45
• P/E Growth: 1.6
• Net Income: $5.23 billion
• Net Margins: 12.19%
• Pretax Margin: 16.02%
• Return on Equity: 14.51%
• Return on Assets: 0.75%

Debt

• Debt-to-Equity Ratio: 0.16
• Current Ratio: 1.05
• Quick Ratio: 1.05

Sales & Book Value

• Annual Sales: $47.09 billion
• Price / Sales: 1.46
• Cash Flow: $6.57 per share
• Price / Cash Flow: 11.26
• Book Value: $42.15 per share
• Price / Book: 1.76

Miscellaneous

• Outstanding Shares: 931,530,000
• Free Float: N/A
• Market Cap: $68.92 billion
• Optionable: Optionable
• Beta: 1.05