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

About Canadian Imperial Bank of Commerce (NYSE:CM)

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: Banks
  • Sub-Industry: N/A
  • Symbol: NYSE:CM
  • CUSIP: N/A
  • Web: www.cibc.com
Capitalization:
  • Market Cap: $39.39353 billion
  • Outstanding Shares: 435,948,000
Average Prices:
  • 50 Day Moving Avg: $88.16
  • 200 Day Moving Avg: $83.82
  • 52 Week Range: $72.62 - $92.22
P/E:
  • Trailing P/E Ratio: 9.86
  • Foreward P/E Ratio: 10.06
  • P/E Growth: 4.17
Sales & Book Value:
  • Annual Revenue: $12.23 billion
  • Price / Sales: 3.18
  • Book Value: $52.91 per share
  • Price / Book: 1.69
Dividend:
  • Annual Dividend: $4.14
  • Dividend Yield: 4.6%
Profitability:
  • Net Margins: 22.37%
  • Return on Equity: 17.75%
  • Return on Assets: 0.84%
Debt:
  • Debt-to-Equity Ratio: 0.11%
  • Current Ratio: 0.96%
  • Quick Ratio: 0.96%
Misc:
  • Average Volume: 469,949 shs.
  • Beta: 1.09
  • Short Ratio: 6.73
 

Frequently Asked Questions for Canadian Imperial Bank of Commerce (NYSE:CM)

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 announced a quarterly dividend on Thursday, August 24th. Shareholders of record on Thursday, September 28th will be paid a dividend of $1.0329 per share on Friday, October 27th. This represents a $4.13 annualized dividend and a yield of 4.63%. The ex-dividend date of this dividend is Wednesday, September 27th. This is an increase from Canadian Imperial Bank of Commerce's previous quarterly dividend of $0.94. View Canadian Imperial Bank of Commerce's Dividend History.

How will Canadian Imperial Bank of Commerce's stock buyback program work?

Canadian Imperial Bank of Commerce announced that its board has approved a share repurchase plan on Monday, April 10th 2017, which authorizes the company to repurchase 8,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.

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

Canadian Imperial Bank of Commerce (NYSE:CM) posted its quarterly earnings results on Thursday, February, 23rd. The company reported $2.21 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.96 by $0.25. The company had revenue of $3.15 billion for the quarter, compared to the consensus estimate of $2.92 billion. Canadian Imperial Bank of Commerce had a net margin of 22.37% and a return on equity of 17.75%. During the same quarter last year, the business posted $2.55 EPS. View Canadian Imperial Bank of Commerce's Earnings History.

When will Canadian Imperial Bank of Commerce make its next earnings announcement?

Canadian Imperial Bank of Commerce is scheduled to release their next quarterly earnings announcement on Thursday, December, 7th 2017. View Earnings Estimates for Canadian Imperial Bank of Commerce.

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

5 equities research analysts have issued 1 year price targets for Canadian Imperial Bank of Commerce's shares. Their predictions range from $72.00 to $120.00. On average, they expect Canadian Imperial Bank of Commerce's share price to reach $103.50 in the next twelve months. View Analyst Ratings for Canadian Imperial Bank of Commerce.

Who are some of Canadian Imperial Bank of Commerce's key competitors?

Who are Canadian Imperial Bank of Commerce's key executives?

Canadian Imperial Bank of Commerce's management team includes the folowing people:

  • John P. Manley J.D., Independent Chairman of the Board
  • Victor G. Dodig, President, Chief Executive Officer, Director
  • Kevin A. Glass, Chief Financial Officer, Senior Executive Vice President
  • Sandy Sharman, Chief Human Resource Officer, Executive Vice President
  • Laura Lee Dottori-Attanasio, Senior Executive Vice President, Chief Risk Officer
  • Harry K. Culham, Senior Executive Vice-President and Group Head - Capital Markets
  • Steve Geist, Senior Executive Vice President and Group Head - Wealth Management
  • Jon Hountalas, Executive Vice-President - Business and Corporate Banking
  • Christina Kramer, Executive Vice President - Retail Distribution and Channel Strategy
  • Kevin Patterson, Senior Executive Vice President - Technology and Operations

Who owns Canadian Imperial Bank of Commerce stock?

Canadian Imperial Bank of Commerce's stock is owned by a variety of of retail and institutional investors. Top institutional investors include APG Asset Management N.V. (0.28%), Shell Asset Management Co. (0.04%), Howe & Rusling Inc. (0.02%) and Fulton Bank N.A. (0.00%). View Institutional Ownership Trends for Canadian Imperial Bank of Commerce.

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 purchased by a variety of institutional investors in the last quarter, including Shell Asset Management Co., APG Asset Management N.V., Fulton Bank N.A. and Howe & Rusling Inc.. View Insider Buying and Selling for Canadian Imperial Bank of Commerce.

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.

What is Canadian Imperial Bank of Commerce's stock price today?

One share of Canadian Imperial Bank of Commerce stock can currently be purchased for approximately $89.22.


MarketBeat Community Rating for Canadian Imperial Bank of Commerce (NYSE CM)
Community Ranking:  1.5 out of 5 (star half star)
Outperform Votes:  201 (Vote Outperform)
Underperform Votes:  456 (Vote Underperform)
Total Votes:  657
MarketBeat's community ratings are surveys of what our community members think about Canadian Imperial Bank of Commerce and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Canadian Imperial Bank of Commerce (NYSE:CM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $103.50 (16.01% upside)
Consensus Price Target History for Canadian Imperial Bank of Commerce (NYSE:CM)
Price Target History for Canadian Imperial Bank of Commerce (NYSE:CM)
Analysts' Ratings History for Canadian Imperial Bank of Commerce (NYSE:CM)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/6/2017TD SecuritiesUpgradeHold -> Buy$120.00HighView Rating Details
8/24/2017Canaccord GenuitySet Price TargetBuy$117.00HighView Rating Details
5/18/2017National Bank FinancialReiterated RatingOutperform OverweightLowView Rating Details
3/31/2017Credit Suisse GroupUpgradeUnderperform -> NeutralLowView Rating Details
2/24/2017Keefe, Bruyette & WoodsUpgradeUnderperform -> Mkt PerformN/AView Rating Details
11/1/2016Bank of America CorporationInitiated CoverageUnderperform$72.00N/AView Rating Details
10/23/2016ScotiabankReiterated RatingSector Perform$105.00N/AView Rating Details
9/21/2016Dundee SecuritiesInitiated CoverageBuyN/AView Rating Details
9/9/2016BMO Capital MarketsReiterated RatingHold$103.00N/AView Rating Details
8/29/2016DesjardinsReiterated RatingBuy$109.00 -> $110.00N/AView Rating Details
8/26/2016Royal Bank Of CanadaReiterated RatingSector Perform$104.00 -> $112.00N/AView Rating Details
8/21/2016Barclays PLCReiterated RatingUnderperform$87.00 -> $93.00N/AView Rating Details
12/4/2015MacquarieBoost Price TargetNeutral$77.00 -> $78.00N/AView Rating Details
11/20/2015Howard WeilDowngradeOutperform -> Sector PerformN/AView Rating Details
(Data available from 10/21/2015 forward)

Earnings

Earnings History for Canadian Imperial Bank of Commerce (NYSE:CM)
Earnings by Quarter for Canadian Imperial Bank of Commerce (NYSE:CM)
Earnings History by Quarter for Canadian Imperial Bank of Commerce (NYSE CM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/7/2017        
2/23/2017Q117$1.96$2.21$2.92 billion$3.15 billionViewN/AView Earnings Details
12/1/201610/31/2016$2.48$2.60$3.78 billion$3.70 billionViewN/AView Earnings Details
8/25/2016Q316$1.79$2.67$2.98 billion$3.19 billionViewListenView Earnings Details
5/26/2016Q2 2016$2.32$2.40$2.78 billion$2.74 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$1.99$2.79 billion$2.86 billionViewListenView Earnings Details
5/28/2015Q2$1.82$1.84$2.90 billion$2.73 billionViewListenView Earnings Details
2/26/2015Q1$1.99$1.89$3.04 billion$2.78 billionViewN/AView Earnings Details
12/4/2014Q4 2014$2.02$1.97$3.10 billion$2.83 billionViewN/AView Earnings Details
8/28/2014Q3 2014$2.04$2.04$3.15 billion$3.08 billionViewN/AView Earnings Details
5/29/2014Q2$1.90$1.99$2.99 billion$2.92 billionViewN/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)
2017 EPS Consensus Estimate: $7.63
2018 EPS Consensus Estimate: $8.89
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$1.69$1.86$1.79
Q2 20174$1.66$1.92$1.82
Q3 20175$1.77$2.22$2.01
Q4 20175$1.81$2.15$2.01
Q1 20182$2.15$2.24$2.20
Q2 20182$2.19$2.20$2.20
Q3 20181$2.24$2.24$2.24
Q4 20181$2.26$2.26$2.26
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Canadian Imperial Bank of Commerce (NYSE:CM)
Next Dividend:10/27/2017
Annual Dividend:$4.14
Dividend Yield:4.64%
Dividend Growth:-1.40% (3 Year Average)
Payout Ratio:49.82% (Trailing 12 Months of Earnings)
47.42% (Based on This Year's Estimates)
46.67% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Canadian Imperial Bank of Commerce (NYSE:CM)

Dividend History by Quarter for Canadian Imperial Bank of Commerce (NYSE CM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/24/2017quarterly$1.034.9%9/27/20179/28/201710/27/2017
5/26/2017quarterly$0.944.81%6/26/20176/28/20177/28/2017
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

Headline Trends for Canadian Imperial Bank of Commerce (NYSE:CM)
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Chart

Canadian Imperial Bank of Commerce (CM) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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