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

About Canadian Imperial Bank of Commerce (TSE: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: Financial
  • Industry: Money Center Banks
  • Sub-Industry: N/A
  • Symbol: TSE:CM
  • CUSIP: N/A
  • Web: https://www.cibc.com
Capitalization:
  • Market Cap: C$47.39 billion
  • Outstanding Shares: 435,948,000
Average Prices:
  • 50 Day Moving Avg: C$106.65
  • 200 Day Moving Avg: C$109.26
  • 52 Week Range: C$97.52 - C$120.83
P/E:
  • Trailing P/E Ratio: 9.90
  • P/E Growth: 1.81
Sales & Book Value:
  • Annual Revenue: C$14.87 billion
  • Price / Sales: 3.19
  • Book Value: C$64.31 per share
  • Price / Book: 1.69
Dividend:
  • Dividend Yield: 4.8%
Profitability:
  • Net Margins: 26.73%
  • Return on Equity: 16.50%
  • Return on Assets: 0.81%
Misc:
  • Average Volume: 1.40 million shs.
  • Short Ratio: 11.72
 

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

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

Canadian Imperial Bank of Commerce trades on the Tornton Stock Exchange (TSX) 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, August 24th. Stockholders of record on Thursday, September 28th will be paid a dividend of 1.30 per share on Friday, October 27th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 4.78%. This is a boost from Canadian Imperial Bank of Commerce's previous quarterly dividend of $1.27. View Canadian Imperial Bank of Commerce's Dividend History.

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

Canadian Imperial Bank of Commerce (TSE:CM) released its earnings results on Thursday, August, 24th. The company reported $2.77 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $2.63 by $0.14. The company earned $4.10 billion during the quarter, compared to analysts' expectations of $4.01 billion. Canadian Imperial Bank of Commerce had a return on equity of 16.50% and a net margin of 26.73%. 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?

9 equities research analysts have issued twelve-month price targets for Canadian Imperial Bank of Commerce's shares. Their predictions range from C$110.00 to C$127.00. On average, they expect Canadian Imperial Bank of Commerce's share price to reach C$118.00 in the next year. 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

How do I buy Canadian Imperial Bank of Commerce stock?

Shares of Canadian Imperial Bank of Commerce and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade 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 C$108.70.


MarketBeat Community Rating for Canadian Imperial Bank of Commerce (TSE CM)
Community Ranking:  1.2 out of 5 (star)
Outperform Votes:  99 (Vote Outperform)
Underperform Votes:  310 (Vote Underperform)
Total Votes:  409
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 (TSE:CM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 5 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.22)
Consensus Price Target: C$118.00

Analysts' Ratings History for Canadian Imperial Bank of Commerce (TSE:CM)
Show:
DateFirmActionRatingPrice TargetDetails
9/6/2017TD SecuritiesUpgradeHold -> BuyC$120.00View Rating Details
8/27/2017ScotiabankLower Price TargetSector PerformC$120.00 -> C$118.00View Rating Details
8/25/2017Canaccord GenuityReiterated RatingBuyC$116.00View Rating Details
8/25/2017BMO Capital MarketsReiterated RatingMarket PerformC$118.00View Rating Details
8/22/2017Keefe, Bruyette & WoodsBoost Price TargetC$115.00 -> C$116.00View Rating Details
8/11/2017Barclays PLCBoost Price TargetC$108.00 -> C$110.00View Rating Details
5/26/2017Royal Bank Of CanadaReiterated RatingSector PerformC$119.00View Rating Details
5/26/2017National Bank FinancialLower Price TargetOutperformC$130.00 -> C$125.00View Rating Details
3/31/2017CSFBUpgradeUnderperform -> NeutralView Rating Details
12/22/2016Dundee SecuritiesBoost Price TargetC$125.00 -> C$127.00View Rating Details
12/21/2016DesjardinsBoost Price TargetC$115.00 -> C$117.00View Rating Details
5/17/2016CIBCLower Price TargetC$103.00 -> C$96.00View Rating Details
12/17/2015Credit Suisse GroupLower Price TargetC$112.00 -> C$110.00View Rating Details
(Data available from 9/22/2015 forward)

Earnings

Earnings History for Canadian Imperial Bank of Commerce (TSE:CM)
Earnings by Quarter for Canadian Imperial Bank of Commerce (TSE:CM)
Earnings History by Quarter for Canadian Imperial Bank of Commerce (TSE CM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/7/2017        
8/24/2017Q3 17C$2.63C$2.77C$4.01 billionC$4.10 billionViewN/AView Earnings Details
5/25/2017Q2 2017C$2.57C$2.64C$3.79 billionC$3.70 billionViewN/AView Earnings Details
5/29/2014C$2.09C$2.17C$3.20 billionC$3.17 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Canadian Imperial Bank of Commerce (TSE:CM)
2017 EPS Consensus Estimate: $10.11
2018 EPS Consensus Estimate: $11.06
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175$2.36$2.60$2.48
Q2 20175$2.31$2.63$2.47
Q3 20174$2.46$2.77$2.62
Q4 20175$2.27$2.66$2.53
Q1 20182$2.72$2.80$2.76
Q2 20182$2.66$2.75$2.71
Q3 20181$2.77$2.77$2.77
Q4 20181$2.82$2.82$2.82
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Canadian Imperial Bank of Commerce (TSE CM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/24/2017quarterly$1.309/28/201710/27/2017
5/25/2017quarterly$1.274.82%6/26/20176/28/20177/28/2017
2/23/2017quarterly$1.274.31%3/24/20173/28/20174/28/2017
12/1/2016quarterly$1.244.43%12/23/201612/28/20161/27/2017
8/25/2016quarterly$1.214.77%9/26/20169/28/201610/28/2016
5/26/2016quarterly$1.214.74%6/24/20166/28/20167/28/2016
2/25/2016quarterly$1.184.86%3/23/20163/28/20164/28/2016
12/3/2015quarterly$1.154.99%12/23/201512/29/20151/28/2016
8/27/2015quarterly$1.124.7%9/24/20159/28/201510/28/2015
5/28/2015quarterly$1.094.63%6/25/20156/29/20157/28/2015
2/26/2015quarterly$1.064.6%3/25/20153/27/20154/28/2015
12/4/2014quarterly$1.034.12%12/23/201412/29/20141/28/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Canadian Imperial Bank of Commerce (TSE:CM)
Insider Trades by Quarter for Canadian Imperial Bank of Commerce (TSE:CM)
Insider Trades by Quarter for Canadian Imperial Bank of Commerce (TSE:CM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/29/2017Katharine Berghuis StevensonDirectorBuy400C$105.19C$42,076.00
8/28/2017Michelle Lynn CollinsDirectorBuy1,186C$84.30C$99,979.80
6/16/2017Sandy SharmanInsiderSell6,786C$106.10C$719,994.60
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Canadian Imperial Bank of Commerce (TSE:CM)
Latest Headlines for Canadian Imperial Bank of Commerce (TSE:CM)
Source:
DateHeadline
fool.ca logoRRSP Investors: 2 Dividend-Growth Stocks for Your Retirement ... - The Motley Fool Canada
www.fool.ca - September 20 at 6:06 PM
finance.yahoo.com logoCIBC brand extended across North America
finance.yahoo.com - September 18 at 5:19 PM
finance.yahoo.com logoCanadian Imperial Bank of Commerce breached its 50 day moving average in a Bullish Manner : CM-CA : September 14, 2017
finance.yahoo.com - September 14 at 6:01 PM
seekingalpha.com logoCanadian Imperial Bank of Commerce's (CM) CEO Victor Dodig Presents at 2017 Barclays Global Financial Services ... - Seeking Alpha
seekingalpha.com - September 13 at 6:30 PM
fool.ca logo1 Top Dividend Stock on Sale - The Motley Fool Canada
www.fool.ca - September 12 at 5:56 PM
finance.yahoo.com logoCIBC donates US$450,000 to support Hurricane Irma humanitarian relief and rebuilding efforts
finance.yahoo.com - September 12 at 5:56 PM
fool.ca logoAre the Fears Over Canadian Imperial Bank of Commerce’s Mortgage Growth Warranted?
www.fool.ca - September 7 at 5:26 PM
finance.yahoo.com logoCIBC Asset Management updates risk ratings for several Renaissance funds
finance.yahoo.com - September 7 at 5:26 PM
finance.yahoo.com logoCIBC Asset Management updates risk ratings for several Renaissance funds
finance.yahoo.com - September 7 at 5:26 PM
americanbankingnews.com logoTD Securities Upgrades Canadian Imperial Bank of Commerce (CM) to "Buy"
www.americanbankingnews.com - September 6 at 2:40 PM
finance.yahoo.com logoMedia Advisory - CIBC's Victor Dodig to speak at the 2017 Barclays Global Financial Services Conference
finance.yahoo.com - September 5 at 6:48 PM
fool.ca logoIs Now the Time to Be Ramping Up Mortgage Growth? Canadian Imperial Bank of Commerce Thinks So - The Motley Fool Canada
www.fool.ca - September 4 at 5:15 PM
finance.yahoo.com logoCIBC (CM) Closes Acquisition of Geneva Advisors for $200M
finance.yahoo.com - September 4 at 5:15 PM
fool.ca logoTFSA Income Investors: 2 High-Yield Stocks That Look Oversold - The Motley Fool Canada
www.fool.ca - September 2 at 4:45 PM
fool.ca logoShould You Buy Canadian Imperial Bank of Commerce (USA) After ... - The Motley Fool Canada
www.fool.ca - September 1 at 5:33 PM
finance.yahoo.com logoCIBC completes acquisition of Geneva Advisors
finance.yahoo.com - September 1 at 5:33 PM
fool.ca logoWas Warren Buffett's Bet Against Canadian Housing Market Crash Right? - The Motley Fool Canada
www.fool.ca - August 30 at 10:58 PM
fool.ca logoBank of Montreal's Earnings Beat Highlights Importance of Dividend Increases - The Motley Fool Canada
www.fool.ca - August 30 at 5:16 PM
seekingalpha.com logoThe Royal Bank Of Canada - Poised For A Bullish Move - Seeking Alpha
seekingalpha.com - August 30 at 5:16 PM
americanbankingnews.com logoCanadian Imperial Bank of Commerce (CM) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - August 29 at 6:18 PM
fool.ca logoWhy Is Canadian Imperial Bank of Commerce Still So Cheap? - The Motley Fool Canada
www.fool.ca - August 29 at 5:42 PM
fool.ca logoWhy Is Canadian Imperial Bank of Commerce Still So Cheap? - The Motley Fool Canada
www.fool.ca - August 29 at 5:42 PM
finance.yahoo.com logoEducation and employability: Can the gap be closed?: CIBC report
finance.yahoo.com - August 29 at 5:42 PM
finance.yahoo.com logoEducation and employability: Can the gap be closed?: CIBC report
finance.yahoo.com - August 29 at 5:42 PM
finance.yahoo.com logoTCF Bank & The PrivateBank Finance Treasure Island Center
finance.yahoo.com - August 29 at 5:42 PM
finance.yahoo.com logoTCF Bank & The PrivateBank Finance Treasure Island Center
finance.yahoo.com - August 29 at 5:42 PM
finance.yahoo.com logoCanadian Imperial Bank of Commerce :CM-CA: Earnings Analysis: Q3, 2017 By the Numbers : August 29, 2017
finance.yahoo.com - August 29 at 5:42 PM
finance.yahoo.com logoCanadian Imperial Bank of Commerce :CM-CA: Earnings Analysis: Q3, 2017 By the Numbers : August 29, 2017
finance.yahoo.com - August 29 at 5:42 PM
americanbankingnews.com logoKatharine Berghuis Stevenson Acquires 400 Shares of Canadian Imperial Bank of Commerce (CM) Stock
www.americanbankingnews.com - August 29 at 4:16 PM
americanbankingnews.com logoInsider Buying: Canadian Imperial Bank of Commerce (CM) Director Buys 1,186 Shares of Stock
www.americanbankingnews.com - August 29 at 1:32 PM
seekingalpha.com logoA Juicy 4.8% Dividend Yield From This Canadian Bank - Seeking Alpha
seekingalpha.com - August 28 at 5:12 PM
finance.yahoo.com logoETFs with exposure to Canadian Imperial Bank of Commerce : August 28, 2017
finance.yahoo.com - August 28 at 5:12 PM
americanbankingnews.com logoFY2017 EPS Estimates for Canadian Imperial Bank of Commerce Decreased by Cormark (CM)
www.americanbankingnews.com - August 28 at 2:28 AM
americanbankingnews.com logoCanadian Imperial Bank of Commerce (CM) Price Target Cut to C$118.00 by Analysts at Scotiabank
www.americanbankingnews.com - August 27 at 6:10 AM
americanbankingnews.com logoCanadian Imperial Bank of Commerce's (CM) "Buy" Rating Reaffirmed at Canaccord Genuity
www.americanbankingnews.com - August 25 at 1:42 PM
americanbankingnews.com logoCanadian Imperial Bank of Commerce (CM) Earns Market Perform Rating from BMO Capital Markets
www.americanbankingnews.com - August 25 at 1:42 PM
americanbankingnews.com logoCanadian Imperial Bank of Commerce to Post Q4 2017 Earnings of $2.66 Per Share, Cormark Forecasts (CM)
www.americanbankingnews.com - August 25 at 9:38 AM
americanbankingnews.com logoQ3 2017 EPS Estimates for Canadian Imperial Bank of Commerce (CM) Lifted by Analyst
www.americanbankingnews.com - August 25 at 8:02 AM
finance.yahoo.com logoEdited Transcript of CM.TO earnings conference call or presentation 24-Aug-17 11:30am GMT
finance.yahoo.com - August 25 at 3:30 AM
fool.ca logoWhy Canadian Imperial Bank of Commerce Is Down About 1%
www.fool.ca - August 24 at 5:26 PM
nasdaq.com logoCanadian Imperial Bank of Commerce Q3 Income Advances 8%
www.nasdaq.com - August 24 at 5:26 PM
seekingalpha.com logoCanadian Imperial Bank of Commerce's (CM) CEO Victor Dodig on Q3 2017 Results - Earnings Call Transcript
seekingalpha.com - August 24 at 5:26 PM
finance.yahoo.com logoCanadian Imperial Bank posts 3Q profit
finance.yahoo.com - August 24 at 5:26 PM
finance.yahoo.com logoCANADA STOCKS-TSX ends slightly up as Fairfax jump offset by CIBC's slip
finance.yahoo.com - August 24 at 5:26 PM
americanbankingnews.com logoCanadian Imperial Bank of Commerce (CM) Plans Quarterly Dividend of $1.30
www.americanbankingnews.com - August 24 at 1:13 PM
americanbankingnews.com logoCanadian Imperial Bank of Commerce (CM) Announces Earnings Results
www.americanbankingnews.com - August 24 at 10:31 AM
finance.yahoo.com logoCanada's RBC boosted by sharp rise in wealth management profits
finance.yahoo.com - August 23 at 7:58 AM
americanbankingnews.com logoKeefe, Bruyette & Woods Increases Canadian Imperial Bank of Commerce (CM) Price Target to C$116.00
www.americanbankingnews.com - August 22 at 2:36 PM
fool.ca logoHere’s What Investors Need to Know About Canadian Imperial Bank of Commerce’s New Brand, Simplii Financial
www.fool.ca - August 21 at 5:07 PM
americanbankingnews.com logoCanadian Imperial Bank of Commerce (CM) PT Raised to C$120.00
www.americanbankingnews.com - August 21 at 2:16 PM

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Chart

Canadian Imperial Bank of Commerce (CM) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff