Canadian Imperial Bank of Commerce Stock Forecast, Price & News

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

Is Canadian Imperial Bank of Commerce a buy right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Imperial Bank of Commerce in the last twelve months. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Canadian Imperial Bank of Commerce stock.
View analyst ratings for Canadian Imperial Bank of Commerce or view top-rated stocks.

How has Canadian Imperial Bank of Commerce's stock been impacted by COVID-19?

Canadian Imperial Bank of Commerce's stock was trading at $62.18 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CM shares have increased by 80.6% and is now trading at $112.29.
View which stocks have been most impacted by COVID-19.

When is Canadian Imperial Bank of Commerce's next earnings date?

Canadian Imperial Bank of Commerce is scheduled to release its next quarterly earnings announcement on Thursday, February 24th 2022.
View our earnings forecast for Canadian Imperial Bank of Commerce.

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

Canadian Imperial Bank of Commerce (NYSE:CM) released its quarterly earnings data on Thursday, December, 2nd. The bank reported $3.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.80 by $0.57. The bank had revenue of $5.06 billion for the quarter, compared to analyst estimates of $5.10 billion. Canadian Imperial Bank of Commerce had a trailing twelve-month return on equity of 16.95% and a net margin of 27.61%. The company's quarterly revenue was up 10.1% compared to the same quarter last year. During the same period in the prior year, the business posted $2.79 earnings per share.
View Canadian Imperial Bank of Commerce's earnings history.

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, December 2nd. Stockholders of record on Wednesday, December 29th will be given a dividend of $1.26 per share on Friday, January 28th. This represents a $5.04 dividend on an annualized basis and a yield of 4.49%. The ex-dividend date is Tuesday, December 28th. This is a positive change from Canadian Imperial Bank of Commerce's previous quarterly dividend of $1.16.
View Canadian Imperial Bank of Commerce's dividend history.

Is Canadian Imperial Bank of Commerce a good dividend stock?

Canadian Imperial Bank of Commerce pays an annual dividend of $4.63 per share and currently has a dividend yield of 4.18%. CM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Canadian Imperial Bank of Commerce does not yet have a strong track record of dividend growth. The dividend payout ratio of Canadian Imperial Bank of Commerce is 41.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Canadian Imperial Bank of Commerce will have a dividend payout ratio of 38.55% next year. This indicates that Canadian Imperial Bank of Commerce will be able to sustain or increase its dividend.
View Canadian Imperial Bank of Commerce's dividend history.

What price target have analysts set for CM?

10 equities research analysts have issued 1-year price objectives for Canadian Imperial Bank of Commerce's stock. Their forecasts range from $154.00 to $169.00. On average, they expect Canadian Imperial Bank of Commerce's share price to reach $161.67 in the next year. This suggests a possible upside of 44.0% from the stock's current price.
View analysts' price targets for Canadian Imperial Bank of Commerce or view top-rated stocks among Wall Street analysts.

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

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

• Victor Dodig, President, Chief Executive Officer & Director
• Hratch Panossian, Chief Financial Officer & Senior Executive VP
• Christina Kramer, Senior EVP-Technology, Infrastructure & Innovation
• Michael G. Capatides, Senior Executive Vice President
• Harry Kenneth Culham, Senior Executive VP & Group Head-Capital Markets

What is Victor Dodig's approval rating as Canadian Imperial Bank of Commerce's CEO?

1,528 employees have rated Canadian Imperial Bank of Commerce CEO Victor Dodig on Glassdoor.com. Victor Dodig has an approval rating of 86% among Canadian Imperial Bank of Commerce's employees.

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

Some companies that are related to Canadian Imperial Bank of Commerce include Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), HDFC Bank (HDB), Commonwealth Bank of Australia (CMWAY), BNP Paribas (BNPQY), Mitsubishi UFJ Financial Group (MUFG), Bank of Montreal (BMO), ICICI Bank (IBN), Australia and New Zealand Banking Group (ANZBY), ING Groep (ING), Banco Santander (SAN), Westpac Banking (WBK), Nordea Bank Abp (NRDBY), Sumitomo Mitsui Financial Group (SMFG) and Lloyds Banking Group (LYG).
View all of CM's competitors.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Imperial Bank of Commerce investors own include AT&T (T), Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD), Pfizer (PFE), Royal Bank of Canada (RY), Verizon Communications (VZ), Cisco Systems (CSCO), Enbridge (ENB), AbbVie (ABBV) and Simon Property Group (SPG).

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."

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

Canadian Imperial Bank of Commerce's stock is owned by a number of institutional and retail investors. Top institutional shareholders include TD Asset Management Inc. (2.50%), Toronto Dominion Bank (2.30%), FIL Ltd (2.11%), CIBC Asset Management Inc (1.43%), Mackenzie Financial Corp (1.09%) and Mufg Securities Canada LTD. (0.71%).

Which institutional investors are selling Canadian Imperial Bank of Commerce stock?

CM stock was sold by a variety of institutional investors in the last quarter, including Healthcare of Ontario Pension Plan Trust Fund, Toronto Dominion Bank, Man Group plc, O Shaughnessy Asset Management LLC, Raymond James & Associates, Crossmark Global Holdings Inc., Voloridge Investment Management LLC, and Deutsche Bank AG.

Which institutional investors are buying Canadian Imperial Bank of Commerce stock?

CM stock was purchased by a variety of institutional investors in the last quarter, including FIL Ltd, Mufg Securities Canada LTD., Bank of Nova Scotia, Morgan Stanley, American Century Companies Inc., Connor Clark & Lunn Investment Management Ltd., Gateway Advisory LLC, and Royal Bank of Canada.

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

Shares of CM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Canadian Imperial Bank of Commerce's stock price today?

One share of CM stock can currently be purchased for approximately $112.29.

How much money does Canadian Imperial Bank of Commerce make?

Canadian Imperial Bank of Commerce has a market capitalization of $50.62 billion and generates $18.53 billion in revenue each year. The bank earns $2.82 billion in net income (profit) each year or $11.08 on an earnings per share basis.

How many employees does Canadian Imperial Bank of Commerce have?

Canadian Imperial Bank of Commerce employs 43,853 workers across the globe.

Does Canadian Imperial Bank of Commerce have any subsidiaries?

The following companies are subsidiares of Canadian Imperial Bank of Commerce: AT Investment Advisers Inc., Atlantic Trust Company National Association, Atlantic Trust Group LLC, CIBC Asset Management Inc., CIBC Australia Ltd, CIBC BA Limited, CIBC Bank and Trust Company (Cayman) Limited, CIBC Capital Corporation, CIBC Cayman Bank Limited, CIBC Cayman Capital Limited, CIBC Delaware Funding Corp., CIBC Holdings (Cayman) Limited, CIBC Inc., CIBC Investments (Cayman) Limited, CIBC Investor Services Inc., CIBC Life Insurance Company Limited, CIBC Mortgages Inc., CIBC Reinsurance Company Limited, CIBC Securities Inc., CIBC Trust Company (Bahamas) Limited, CIBC Trust Corporation, CIBC USA Holdings Inc., CIBC WM Real Estate (Quebec) Ltd., CIBC WM Real Estate Ltd., CIBC Wood Gundy Financial Services (Quebec) Inc., CIBC Wood Gundy Financial Services Inc., CIBC World Markets (Japan) Inc., CIBC World Markets Corp., CIBC World Markets Inc., CIBC World Markets plc, Canadian Imperial Holdings Inc., Cleary Gull, FirstCaribbean International Bank (Bahamas) Limited, FirstCaribbean International Bank (Barbados) Limited, FirstCaribbean International Bank (Cayman) Limited, FirstCaribbean International Bank (Jamaica) Limited, FirstCaribbean International Bank (Trinidad and Tobago) Limited, FirstCaribbean International Bank Limited, FirstCaribbean International Wealth Management Bank (Barbados), Geneva Advisors, INTRIA Items Inc., Lowenhaupt Global Advisors, PrivateBancorp, and Wellington Financial.

When was Canadian Imperial Bank of Commerce founded?

Canadian Imperial Bank of Commerce was founded in 1867.

What is Canadian Imperial Bank of Commerce's official website?

The official website for Canadian Imperial Bank of Commerce is www.cibc.com.

Where are Canadian Imperial Bank of Commerce's headquarters?

Canadian Imperial Bank of Commerce is headquartered at COMMERCE COURT, TORONTO A6, M5L 1A2.

How can I contact Canadian Imperial Bank of Commerce?

Canadian Imperial Bank of Commerce's mailing address is COMMERCE COURT, TORONTO A6, M5L 1A2. The bank can be reached via phone at (416) 980-2211, via email at [email protected], or via fax at 416-980-7012.