Canadian Imperial Bank of Commerce Company Profile (NYSE:CM)

About Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce logoCanadian Imperial Bank of Commerce (CIBC) is a global financial institution. The Company provides a range of financial products and services to approximately 11 million individual, small business, commercial, corporate and institutional clients in Canada and around the world. The Company operates through three segments: Retail and Business Banking, Wealth Management and Capital Markets. The Company's Retail and Business Banking segment provides personal and business clients across Canada with financial advice, products and services in its banking centers or through remote channels, such as mobile advisors, telephone, online or mobile banking. The Company's Wealth Management segment provides advice and investment solutions. The Company's Capital Markets segment provides integrated credit and global markets products, investment banking advisory services and research to corporate, government and institutional clients around the world.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Money Center Banks
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: CM
  • CUSIP:
Key Metrics:
  • Previous Close: $91.10
  • 50 Day Moving Average: $86.00
  • 200 Day Moving Average: $80.20
  • 52-Week Range: $64.85 - $92.22
  • Trailing P/E Ratio: 11.14
  • Foreward P/E Ratio: 11.16
  • P/E Growth: 7.47
  • Market Cap: $36.19B
  • Outstanding Shares: 397,261,000
  • Beta: 1.06
Profitability:
  • Net Margins: 22.84%
  • Return on Equity: 19.11%
  • Return on Assets: 0.84%
Debt:
  • Debt-to-Equity Ratio: 0.15%
  • Current Ratio: 0.96%
  • Quick Ratio: 0.96%
Additional Links:
Companies Related to Canadian Imperial Bank of Commerce:

Analyst Ratings

Consensus Ratings for Canadian Imperial Bank of Commerce (NYSE:CM) (?)
Ratings Breakdown: 2 Sell Ratings, 6 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $102.44 (12.45% upside)

Analysts' Ratings History for Canadian Imperial Bank of Commerce (NYSE:CM)
Show:
DateFirmActionRatingPrice TargetDetails
12/4/2016TD SecuritiesReiterated RatingHold$110.00 -> $115.00View Rating Details
11/1/2016Bank of America CorpInitiated CoverageUnderperform$72.00View Rating Details
10/23/2016ScotiabankReiterated RatingSector Perform$105.00View Rating Details
9/21/2016Dundee SecuritiesInitiated CoverageBuyView Rating Details
9/9/2016BMO Capital MarketsReiterated RatingHold$103.00View Rating Details
8/29/2016DesjardinsReiterated RatingBuy$109.00 -> $110.00View Rating Details
8/26/2016RBC Capital MarketsReiterated RatingSector Perform$104.00 -> $112.00View Rating Details
8/26/2016Royal Bank Of CanadaBoost Price TargetSector Perform$104.00 -> $112.00View Rating Details
8/25/2016Canaccord GenuityReiterated RatingHold -> NeutralView Rating Details
8/21/2016Barclays PLCReiterated RatingUnderperform$87.00 -> $93.00View Rating Details
12/17/2015Credit Suisse GroupLower Price TargetUnderperform$112.00 -> $110.00View Rating Details
12/6/2015National Bank FinancialReiterated RatingUnderperform$99.00 -> $100.00View Rating Details
12/4/2015MacquarieBoost Price TargetNeutral$77.00 -> $78.00View Rating Details
11/20/2015Howard WeilDowngradeOutperform -> Sector PerformView Rating Details
10/15/2015Beaufort SecuritiesReiterated RatingBuyView Rating Details
3/5/2015Citigroup Inc.Reiterated RatingBuy$123.00 -> $111.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Canadian Imperial Bank of Commerce (NYSE:CM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/23/2017Q117$1.96$2.19$2.92 billionN/AView Earnings Details
12/1/201610/31/2016$2.48$2.60$3.78 billion$3.70 billionViewN/AView Earnings Details
8/25/2016Q316$2.35$2.67$2.89 billionViewListenView Earnings Details
5/26/2016$2.32$2.40$3.64 billionViewN/AView Earnings Details
2/25/2016Q116$2.42$2.55$3.67 billionViewN/AView Earnings Details
12/3/2015Q415$2.34$2.36$3.59 billion$3.48 billionViewN/AView Earnings Details
8/27/2015Q3$1.81$1.86ViewListenView Earnings Details
5/28/2015Q2$1.82$1.87ViewListenView Earnings Details
2/26/2015Q1$1.99$1.89ViewN/AView Earnings Details
12/4/2014$2.02$1.97ViewN/AView Earnings Details
8/28/2014$2.04$2.04ViewN/AView Earnings Details
5/29/2014Q2$1.90$1.99ViewN/AView Earnings Details
2/27/2014$2.14$2.31ViewN/AView Earnings Details
12/5/2013Q4$2.09$2.08ViewListenView Earnings Details
8/29/2013$2.11$2.19ViewN/AView Earnings Details
5/30/2013$2.04$2.04ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Canadian Imperial Bank of Commerce (NYSE:CM)
Current Year EPS Consensus Estimate: $7.80 EPS
Next Year EPS Consensus Estimate: $8.16 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20165$1.60$1.79$1.70
Q2 20165$1.63$1.79$1.69
Q3 20164$1.68$1.82$1.77
Q4 20164$1.72$1.93$1.84
Q1 20173$1.69$1.86$1.79
Q2 20173$1.66$1.84$1.76
Q3 20173$1.77$1.90$1.85
Q4 20174$1.81$1.94$1.89
Q3 20181$2.06$2.06$2.06
Q4 20181$2.11$2.11$2.11
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Canadian Imperial Bank of Commerce (NYSE:CM)
Annual Dividend:$3.69
Dividend Yield:4.05%
Dividend Growth:-1.40% (3 Year Average)
Payout Ratio:45.28% (Based on Trailing 12 Months of Earnings)
47.31% (Based on Current Year Consensus EPS Estimate)
45.22% (Based on Next Year Consensus EPS Estimate)

Dividend History for Canadian Imperial Bank of Commerce (NYSE:CM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/23/2017quarterly$0.974.06%3/24/20173/28/20174/28/2017
12/1/2016$0.9212/23/201612/28/20161/27/2017
8/25/2016$0.939/26/20169/28/201610/28/2016
2/25/2016Quarterly$0.874.62%3/23/20163/28/20164/28/2016
12/3/2015$0.8612/24/201512/29/20151/28/2016
8/27/2015$0.859/24/20159/28/201510/28/2015
5/29/2015quarterly$0.894.64%6/25/20156/29/20157/28/2015
2/27/2015quarterly$0.844.41%3/25/20153/27/20154/28/2015
12/5/2014quarterly$0.914.05%12/23/201412/29/20141/28/2015
8/28/2014quarterly$0.913.84%9/25/20149/29/201410/28/2014
5/30/2014quarterly$0.924.17%6/25/20146/27/20147/28/2014
2/28/2014quarterly$0.894.23%3/26/20143/28/20144/28/2014
12/5/2013$0.9012/24/201312/27/20131/28/2014
12/5/2013quarterly$0.904.33%12/24/201312/27/20131/28/2014
8/29/2013quarterly$0.914.66%9/25/20139/27/201310/28/2013
5/30/2013quarterly$0.934.84%6/26/20136/28/20137/29/2013
2/28/2013quarterly$0.944.54%3/26/20133/28/20134/29/2013
12/9/2012quarterly$0.944.67%12/26/201212/28/20121/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Canadian Imperial Bank of Commerce (NYSE:CM)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Canadian Imperial Bank of Commerce (NYSE:CM)
DateHeadline
us.rd.yahoo.com logoCIBC Announces New Normal Course Issuer Bid (NYSE:CM)
us.rd.yahoo.com - February 23 at 4:19 PM
us.rd.yahoo.com logo6:26 am CIBC beats by CAD$0.30; raises dividend 2.4%; intends to buyback 8 mln (2%) of shares (NYSE:CM)
us.rd.yahoo.com - February 23 at 4:19 PM
wsj.com logo[$$] CIBC Revenue and Earnings Jump, Topping Expectations (NYSE:CM)
us.rd.yahoo.com - February 23 at 4:19 PM
News IconAre Analysts Optimistic About Where Canadian Imperial Bank of Commerce (NYSE:CM) is Heading? - Winfield Review (NYSE:CM)
winfieldreview.com - February 22 at 4:30 PM
News IconToronto-Dominion Bank Dividend Stock Analysis 2017 (NYSE:CM)
roadmap2retire.com - February 22 at 11:34 AM
marketexclusive.com logoAnalyst Activity – Keefe, Bruyette & Woods Raises Its Price Target On Canadian Imperial Bank of Commerce (TSE:CM) to C$115.00 (NYSE:CM)
marketexclusive.com - February 22 at 11:34 AM
News IconAnalysts Peer Into Their Crystal Balls For Canadian Imperial Bank of Commerce (NYSE:CM): Where Is It headed? - Winfield Review (NYSE:CM)
winfieldreview.com - February 20 at 4:06 PM
capitalcube.com logoCanadian Imperial Bank of Commerce : CM-US: Dividend Analysis : December 28th, 2016 (record date) : By the numbers : February 15, 2017 (NYSE:CM)
www.capitalcube.com - February 16 at 10:58 AM
gurufocus.com logoOMERS ADMINISTRATION Corp Buys TransCanada, Canadian Imperial Bank of Commerce, Simon Property Group ... - GuruFocus.com (NYSE:CM)
www.gurufocus.com - February 10 at 4:37 PM
News IconTrend Indicator Update on Canadian Imperial Bank of Commerce (CM.TO) - Rives Journal (NYSE:CM)
rivesjournal.com - February 6 at 9:24 PM
News IconStock Checkup: Technical Watch on Canadian Imperial Bank of Commerce (CM) - Springdale Times (NYSE:CM)
springdaletimes.com - February 1 at 9:40 PM
News IconCanadian Imperial Bank of Commerce (NYSE:CM) Quarterly EPS ... - Stock Observer (NYSE:CM)
www.thestockobserver.com - February 1 at 9:40 PM
News IconAs Cdn Imperial Bk Comm Toronto (CM) Valuation Rose, Shareholder Td Asset Management INC Has Lifted by $7.89 Million Its Stake (NYSE:CM)
randolphguide.com - January 31 at 9:48 PM
News IconMoney Center Banks: Canadian Imperial Bank of Commerce (NYSE:CM) Position of the day (NYSE:CM)
twincountynews.com - January 29 at 9:27 PM
News IconStock Update: Estimates & Target in Focus for Canadian Imperial Bank of Commerce (NYSE:CM) - Aiken Advocate (NYSE:CM)
aikenadvocate.com - January 27 at 5:47 PM
News IconLeading stocks in today’s market: Canadian Imperial Bank of Commerce (NYSE:CM) (NYSE:CM)
twincountynews.com - January 27 at 3:32 AM
News IconTrading Scope: Following Levels on Shares of Canadian Imperial Bank of Commerce (CM.TO) - Rives Journal (NYSE:CM)
rivesjournal.com - January 25 at 5:30 PM
thestreet.com logoGoldman, Sandler, Sullivan and Wachtell Dominate Banking M&A (NYSE:CM)
www.thestreet.com - January 23 at 4:39 PM
News IconNational Bank of Canada (NA) Cut to "Underperform" at CSFB (NYSE:CM)
thecelebritytruth.com - January 21 at 4:24 PM
News IconWhat are Analysts Expecting for Canadian Imperial Bank of Commerce (NYSE:CM) Earnings? - Aiken Advocate (NYSE:CM)
aikenadvocate.com - January 20 at 10:33 PM
capitalcube.com logoETFs with exposure to Canadian Imperial Bank of Commerce : January 20, 2017 (NYSE:CM)
www.capitalcube.com - January 20 at 5:32 PM
capitalcube.com logoCanadian Imperial Bank of Commerce :CM-US: Earnings Analysis: Q4, 2016 By the Numbers : January 19, 2017 (NYSE:CM)
us.rd.yahoo.com - January 19 at 10:36 PM
finance.yahoo.com logoYou Can Now Access An ATM While Skiing (NYSE:CM)
finance.yahoo.com - January 17 at 10:10 PM
fool.ca logoToronto-Dominion Bank (USA): Last Bank Standing | The Motley ... - The Motley Fool Canada (NYSE:CM)
www.fool.ca - January 11 at 9:47 PM
News IconEPS Of Canadian Imperial Bank of Commerce (NYSE:CM) At $1.91 - Stock Observer (NYSE:CM)
www.thestockobserver.com - January 10 at 5:02 PM
finance.yahoo.com logoCIBC World Markets Inc. Buys Fortis Inc, Magna International Inc, Teck Resources Ltd, Sells ... (NYSE:CM)
finance.yahoo.com - January 9 at 10:31 PM
capitalcube.com logoETFs with exposure to Canadian Imperial Bank of Commerce : January 6, 2017 (NYSE:CM)
www.capitalcube.com - January 6 at 4:46 PM
News IconIs Canadian Imperial Bank of Commerce (NYSE:CM), a large market cap stock a smart buy? (NYSE:CM)
twincountynews.com - December 30 at 9:48 PM
News IconIndicator Level Review for Canadian Imperial Bank of Commerce (CM.TO) - Wall Street Confidential (NYSE:CM)
wsconfidential.com - December 20 at 8:31 AM
capitalcube.com logoCanadian Imperial Bank of Commerce :CM-US: Earnings Analysis: 2016 By the Numbers : December 19, 2016 (NYSE:CM)
www.capitalcube.com - December 20 at 8:31 AM
News IconTechnical Updates for Canadian Imperial Bank of Commerce (CM.TO) - Wall Street Confidential (NYSE:CM)
wsconfidential.com - December 16 at 9:47 PM
fool.ca logoWhy a Correction Could Be in the Books for Canadian Imperial Bank of Commerce (NYSE:CM)
www.fool.ca - December 14 at 5:25 PM
4-traders.com logoCanadian Imperial Bank of Commerce : Record-breaking $7 million raised on 32nd #CIBCMiracleDay to support kids in need (NYSE:CM)
www.4-traders.com - December 14 at 5:25 PM
bizjournals.com logoResearch Reports on Banking Equities -- ICICI Bank, SunTrust Banks, Comerica, and Canadian Imperial Bank of Commerce (NYSE:CM)
www.bizjournals.com - December 12 at 12:25 PM
bloomberg.com logoPrivateBancorp Postpones Vote on $3.96 Billion CIBC Bid (NYSE:CM)
us.rd.yahoo.com - December 7 at 4:58 PM
us.rd.yahoo.com logoPrivateBancorp delays shareholder vote on CIBC takeover (NYSE:CM)
us.rd.yahoo.com - December 7 at 4:58 PM
News IconPrivateBancorp delays shareholder vote on takeover deal with CIBC - MetroNews Canada (NYSE:CM)
www.metronews.ca - December 7 at 8:25 AM
fool.ca logoWhy Canadian Imperial Bank of Commerce Is a Risky Play - The Motley Fool Canada (NYSE:CM)
www.fool.ca - December 7 at 8:25 AM
finance.yahoo.com logoCIBC Comments on Postponement of PrivateBancorp Special Meeting (NYSE:CM)
finance.yahoo.com - December 7 at 8:25 AM
finance.yahoo.com logoPrivateBancorp postpones vote on takeover by CIBC (NYSE:CM)
finance.yahoo.com - December 7 at 8:25 AM
us.rd.yahoo.com logoCANADIAN IMPERIAL BANK OF COMMERCE /CAN/ Financials (NYSE:CM)
us.rd.yahoo.com - December 6 at 9:46 PM
fool.ca logoWhy Canadian Imperial Bank of Commerce Is a Risky Play (NYSE:CM)
www.fool.ca - December 6 at 11:54 AM
capitalcube.com logoCanadian Imperial Bank of Commerce :CM-US: Earnings Analysis: Q4, 2016 By the Numbers : December 6, 2016 (NYSE:CM)
www.capitalcube.com - December 6 at 11:54 AM
us.rd.yahoo.com logoCanadian Imperial (CM) Up on Higher Q4 Earnings, Revenues (NYSE:CM)
us.rd.yahoo.com - December 5 at 12:29 PM
us.rd.yahoo.com logoMedia Advisory - The Tenors' Clifton Murray and Canadian sports celebrities to join CIBC in raising millions in support of children's charities at 32nd CIBC Miracle Day (NYSE:CM)
us.rd.yahoo.com - December 5 at 12:29 PM
finance.yahoo.com logoMEDIA ADVISORY - Toronto sports stars Demar DeRozan, Kyle Lowry, Terrence Ross and Hollywood celebrities to join CIBC in raising millions in support of children's charities at 32nd CIBC Miracle Day (NYSE:CM)
finance.yahoo.com - December 5 at 12:28 PM
finance.yahoo.com logoMedia Advisory - Paul Brandt to join CIBC in raising millions in support of children's charities at 32nd CIBC Miracle Day (NYSE:CM)
finance.yahoo.com - December 5 at 12:28 PM
News IconTop Gainers of the Day: Canadian Imperial Bank of Commerce (NYSE:CM) from Money Center Banks (NYSE:CM)
twincountynews.com - December 4 at 11:29 AM
publicnow.com logoCIBC Announces Fourth Quarter and Fiscal 2016 Results (NYSE:CM)
us.rd.yahoo.com - December 2 at 9:44 AM
publicnow.com logoCIBC Increases Dividends (NYSE:CM)
us.rd.yahoo.com - December 2 at 9:44 AM

Social

What is Canadian Imperial Bank of Commerce's stock symbol?

Canadian Imperial Bank of Commerce trades on the New York Stock Exchange (NYSE) under the ticker symbol "CM."

How often does Canadian Imperial Bank of Commerce pay dividends? What is the dividend yield for Canadian Imperial Bank of Commerce?

Canadian Imperial Bank of Commerce declared a quarterly dividend on Thursday, February 23rd. Stockholders of record on Tuesday, March 28th will be paid a dividend of $0.9698 per share on Friday, April 28th. This represents a $3.88 annualized dividend and a dividend yield of 4.26%. The ex-dividend date of this dividend is Friday, March 24th. This is a positive change from Canadian Imperial Bank of Commerce's previous quarterly dividend of $0.87.

Where is Canadian Imperial Bank of Commerce's stock going? Where will Canadian Imperial Bank of Commerce's stock price be in 2017?

10 brokers have issued 12 month target prices for Canadian Imperial Bank of Commerce's shares. Their predictions range from $72.00 to $115.00. On average, they anticipate Canadian Imperial Bank of Commerce's share price to reach $102.44 in the next twelve months.

Who owns Canadian Imperial Bank of Commerce stock?

Canadian Imperial Bank of Commerce's stock is owned by many different of institutional and retail investors. Top institutional investors include I.G. Investment Management LTD. (1.36%), Franklin Resources Inc. (1.36%), Investec Asset Management LTD (0.80%), Russell Investments Group Ltd. (0.44%), AQR Capital Management LLC (0.43%) and Guardian Capital LP (0.37%).

Who sold Canadian Imperial Bank of Commerce stock? Who is selling Canadian Imperial Bank of Commerce stock?

Canadian Imperial Bank of Commerce's stock was sold by a variety of institutional investors in the last quarter, including I.G. Investment Management LTD., Two Sigma Investments LP, Fiera Capital Corp, Intact Investment Management Inc., Credit Agricole S A, AQR Capital Management LLC, Guggenheim Capital LLC and Jarislowsky Fraser Ltd.

Who bought Canadian Imperial Bank of Commerce stock? Who is buying Canadian Imperial Bank of Commerce stock?

Canadian Imperial Bank of Commerce's stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Investec Asset Management LTD, Renaissance Technologies LLC, Allianz Asset Management AG, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Letko Brosseau & Associates Inc., Commerzbank Aktiengesellschaft FI and Franklin Resources Inc..

How do I buy Canadian Imperial Bank of Commerce stock?

Shares of Canadian Imperial Bank of Commerce can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Canadian Imperial Bank of Commerce stock cost?

One share of Canadian Imperial Bank of Commerce stock can currently be purchased for approximately $91.10.

Canadian Imperial Bank of Commerce (NYSE:CM) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Canadian Imperial Bank of Commerce (NYSE:CM)

Earnings History Chart

Earnings by Quarter for Canadian Imperial Bank of Commerce (NYSE:CM)

Dividend History Chart

Dividend Payments by Quarter for Canadian Imperial Bank of Commerce (NYSE:CM)

Last Updated on 2/23/2017 by MarketBeat.com Staff