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: $38.43857 billion
  • Outstanding Shares: 435,948,000
Average Prices:
  • 50 Day Moving Avg: $85.56
  • 200 Day Moving Avg: $83.58
  • 52 Week Range: $72.62 - $92.22
P/E:
  • Trailing P/E Ratio: 10.10
  • Foreward P/E Ratio: 10.01
  • P/E Growth: 3.91
Sales & Book Value:
  • Annual Revenue: $11.88 billion
  • Price / Sales: 3.26
  • Book Value: $51.38 per share
  • Price / Book: 1.73
Dividend:
  • Annual Dividend: $3.76
  • Dividend Yield: 4.3%
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: 864,703 shs.
  • Beta: 1.08
  • 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 given a dividend of $1.0329 per share on Friday, October 27th. This represents a $4.13 annualized dividend and a yield of 4.65%. 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 authorized a share buyback program 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 programs are usually a sign that the company's management believes its shares are undervalued.

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

Canadian Imperial Bank of Commerce (NYSE:CM) announced its earnings results on Thursday, February, 23rd. The company reported $2.21 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.96 by $0.25. The firm had revenue of $3.15 billion for the quarter, compared to analyst estimates of $2.92 billion. Canadian Imperial Bank of Commerce had a return on equity of 17.75% and a net margin of 22.37%. During the same period in the previous 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 analysts have issued 12-month price objectives for Canadian Imperial Bank of Commerce's stock. Their forecasts 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 number of of institutional and retail investors. Top institutional shareholders include TD Asset Management Inc. (5.06%), Vanguard Group Inc. (2.46%), CIBC Asset Management Inc (1.92%), Beutel Goodman & Co Ltd. (1.65%), Acadian Asset Management LLC (1.52%) and Franklin Resources Inc. (1.32%). View Institutional Ownership Trends for Canadian Imperial Bank of Commerce.

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 Bank of Nova Scotia, Numeric Investors LLC, AGF Investments Inc., FMR LLC, NN Investment Partners Holdings N.V., UBS Asset Management Americas Inc., Great West Life Assurance Co. Can and Hillsdale Investment Management Inc.. View Insider Buying and Selling 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 bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Dimensional Fund Advisors LP, The Manufacturers Life Insurance Company , Intact Investment Management Inc., Goldman Sachs Group Inc., CIBC Asset Management Inc, Northern Trust Corp and Public Sector Pension investment Board. 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 $88.76.


MarketBeat Community Rating for Canadian Imperial Bank of Commerce (NYSE CM)
Community Ranking:  1.5 out of 5 (star half star)
Outperform Votes:  191 (Vote Outperform)
Underperform Votes:  448 (Vote Underperform)
Total Votes:  639
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 (16.61% upside)

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
10/15/2015Beaufort SecuritiesReiterated RatingBuyN/AView Rating Details
(Data available from 9/23/2015 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:$3.76
Dividend Yield:4.24%
Dividend Growth:-1.40% (3 Year Average)
Payout Ratio:45.25% (Trailing 12 Months of Earnings)
43.07% (Based on This Year's Estimates)
42.39% (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)
Latest Headlines for Canadian Imperial Bank of Commerce (NYSE:CM)
Source:
DateHeadline
nasdaq.com logoCanadian Stocks Are Up Despite Weakness In Commodities - Canadian Commentary
www.nasdaq.com - September 21 at 5:13 PM
finance.yahoo.com logoMedia Advisory - CIBC's Victor Dodig to Speak at the CIBC 16th Annual Eastern Institutional Investor Conference
finance.yahoo.com - September 20 at 6:03 PM
finance.yahoo.com logoMedia Advisory - 55 leading Canadian companies to present at CIBC's Eastern Institutional Investor Conference
finance.yahoo.com - September 20 at 6:03 PM
fool.ca logo3 Value Stocks Perfect for Your Retirement Income - The Motley Fool Canada
www.fool.ca - September 14 at 11:04 PM
americanbankingnews.com logoCanadian Imperial Bank of Commerce (CM) Expected to Post Quarterly Sales of $3.36 Billion
www.americanbankingnews.com - September 13 at 10:08 AM
fool.ca logoIncome Investors: 2 Dividend-Growth Stocks Yielding 5-7% - The Motley Fool Canada
www.fool.ca - September 6 at 5:16 PM
americanbankingnews.com logoCanadian Imperial Bank of Commerce (CM) Upgraded to "Buy" by TD Securities
www.americanbankingnews.com - September 6 at 9:17 AM
finance.yahoo.com logoETFs with exposure to Canadian Imperial Bank of Commerce : September 1, 2017
finance.yahoo.com - September 1 at 10:35 PM
finance.yahoo.com logoWhy Canadian Imperial Bank (CM) Stock Might be a Great Pick
finance.yahoo.com - September 1 at 5:33 PM
finance.yahoo.com logoCIBC Poll: Canadian post-secondary students will spend $14,000 per year and owe $30,000 by graduation, but is it enough?
finance.yahoo.com - August 31 at 5:10 PM
finance.yahoo.com logoCIBC announces $100,000 donation to assist relief efforts following Hurricane Harvey
finance.yahoo.com - August 30 at 5:16 PM
finance.yahoo.com logoMedia Advisory - CIBC's Victor Dodig to speak at the 2017 Scotiabank Financials Summit
finance.yahoo.com - August 30 at 5:16 PM
finance.yahoo.com logoCanadian Imperial Bank of Commerce breached its 50 day moving average in a Bearish Manner : CM-US : August 30, 2017
finance.yahoo.com - August 30 at 5:16 PM
seekingalpha.com logoCIBC Remains Undervalued - Seeking Alpha
seekingalpha.com - August 29 at 10:45 PM
finance.yahoo.com logoCanadian Imperial Bank of Commerce :CM-US: Earnings Analysis: Q3, 2017 By the Numbers : August 29, 2017
finance.yahoo.com - August 29 at 5:43 PM
finance.yahoo.com logoCanadian Imperial Bank of Commerce :CM-US: Earnings Analysis: Q3, 2017 By the Numbers : August 29, 2017
finance.yahoo.com - August 29 at 5:43 PM
americanbankingnews.com logoCanadian Imperial Bank of Commerce (CM) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - August 29 at 6:44 AM
americanbankingnews.com logoEquities Analysts Issue Forecasts for Canadian Imperial Bank of Commerce's FY2017 Earnings (CM)
www.americanbankingnews.com - August 28 at 3:18 AM
americanbankingnews.com logoFY2017 Earnings Estimate for Canadian Imperial Bank of Commerce (CM) Issued By Cormark
www.americanbankingnews.com - August 28 at 3:18 AM
nasdaq.com logoCanadian Imperial's (CM) Q3 Earnings Improve, Stock Falls
www.nasdaq.com - August 25 at 7:07 PM
finance.yahoo.com logoCanadian Imperial's (CM) Q3 Earnings Improve, Stock Falls
finance.yahoo.com - August 25 at 7:06 PM
finance.yahoo.com logoSOUND Trust -- Moody's ABCP activity ending August 18, 2017
finance.yahoo.com - August 25 at 7:06 PM
americanbankingnews.com logoQ3 2017 EPS Estimates for Canadian Imperial Bank of Commerce (CM) Boosted by Cormark
www.americanbankingnews.com - August 25 at 8:16 AM
americanbankingnews.com logoQ3 2017 EPS Estimates for Canadian Imperial Bank of Commerce Boosted by Analyst (CM)
www.americanbankingnews.com - August 25 at 8:16 AM
morningstar.co.uk logoGlobal Market Report - August 24 2017 - Morningstar
www.morningstar.co.uk - August 24 at 10:30 PM
americanbankingnews.com logoCanadian Imperial Bank of Commerce (CM) Declares Dividend Increase - $1.03 Per Share
www.americanbankingnews.com - August 24 at 6:26 PM
finance.yahoo.com logoCIBC Announces Third Quarter 2017 Results
finance.yahoo.com - August 24 at 5:27 PM
finance.yahoo.com logoCIBC Increases Dividends
finance.yahoo.com - August 24 at 5:27 PM
finance.yahoo.com logoCIBC Mortgage Balances Rise Even as Home Prices Slide
finance.yahoo.com - August 24 at 5:26 PM
finance.yahoo.com logoCANADA STOCKS-TSX opens higher as CIBC helps drive up bank shares
finance.yahoo.com - August 24 at 5:26 PM
finance.yahoo.com logoCANADA STOCKS-TSX edges lower as CIBC and energy shares decline
finance.yahoo.com - August 24 at 5:26 PM
americanbankingnews.com logoCanaccord Genuity Analysts Give Canadian Imperial Bank of Commerce (CM) a $117.00 Price Target
www.americanbankingnews.com - August 24 at 1:38 PM
americanbankingnews.com logoCanadian Imperial Bank of Commerce (CM) Releases Quarterly Earnings Results, Beats Expectations By $0.26 EPS
www.americanbankingnews.com - August 24 at 12:56 PM
fool.ca logoCould a Rally Be on the Horizon for the TSX? - The Motley Fool Canada
www.fool.ca - August 23 at 10:53 PM
fool.ca logoIncome Investors: Look for Dividend Growth as Interest Rates Rise - The Motley Fool Canada
www.fool.ca - August 23 at 7:58 AM
reuters.com logoRoyal Bank of Canada boosted by sharp rise in wealth management profits - Reuters
www.reuters.com - August 23 at 7:58 AM
americanbankingnews.com logoQ3 2017 EPS Estimates for Canadian Imperial Bank of Commerce (CM) Raised by Analyst
www.americanbankingnews.com - August 21 at 3:38 AM
fool.ca logoTFSA Investors: 2 Dividend-Growth Stocks on Sale - The Motley Fool Canada
www.fool.ca - August 17 at 6:35 PM
fool.ca logoHigher Interest Rates: Are They Good or Bad for Canadian Lenders? - The Motley Fool Canada
www.fool.ca - August 17 at 6:35 PM
americanbankingnews.com logoCanadian Imperial Bank of Commerce (CM) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - August 17 at 1:32 AM
finance.yahoo.com logoSOUND Trust -- Moody's ABCP activity ending August 4, 2017
finance.yahoo.com - August 9 at 10:33 PM
americanbankingnews.com logoCanadian Imperial Bank of Commerce (CM) Expected to Post Quarterly Sales of $2.94 Billion
www.americanbankingnews.com - August 7 at 8:32 AM
americanbankingnews.com logoCanadian Imperial Bank of Commerce (CM) Expected to Post Earnings of $1.94 Per Share
www.americanbankingnews.com - August 5 at 10:38 PM
americanbankingnews.com logoCanadian Imperial Bank of Commerce (NYSE:CM) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - August 4 at 7:36 AM
finance.yahoo.com logoCIBC Releases Revised Supplementary Financial Information
finance.yahoo.com - August 3 at 3:18 PM
americanbankingnews.com logoCanadian Imperial Bank of Commerce (CM) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - July 29 at 7:21 PM
finance.yahoo.com logoCanadian Imperial Bank of Commerce -- Moody's assigns first time ratings to The PrivateBank (deposits at A1/Prime-1), recently acquired by Canadian Imperial Bank of Commerce
finance.yahoo.com - July 21 at 11:49 PM
americanbankingnews.com logoCanadian Imperial Bank of Commerce (CM) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - July 18 at 9:04 PM
americanbankingnews.com logoCanadian Imperial Bank of Commerce (CM) Now Covered by Analysts at Canaccord Genuity
www.americanbankingnews.com - July 18 at 4:17 PM
americanbankingnews.com logoCanadian Imperial Bank of Commerce (NYSE:CM) Sees Significant Decline in Short Interest
www.americanbankingnews.com - July 18 at 7:04 AM

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Canadian Imperial Bank of Commerce (CM) Chart for Saturday, September, 23, 2017

This page was last updated on 9/23/2017 by MarketBeat.com Staff