Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through four strategic business units: Canadian Personal and Small Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. It offers chequing, savings, and business accounts; mortgages; loans, lines of credit, student lines of credit, and business and agriculture loans; investment and insurance services; and prepaid and credit cards, as well as overdraft protection services. The company also provides day-to-day banking, borrowing and credit, investing and wealth, specialty, and international services; commercial and corporate banking services; trade finance, correspondent banking, and online foreign exchange services; and wholesale and asset management services. In addition, it offers investment banking advisory and execution services. The company serves its customers through its banking centers, as well as direct, mobile, and remote channels. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.
Industry, Sector and Symbol
Industry Money Center Banks
Sub-IndustryN/A
SectorFinance
CIKN/A
Phone+1-416-9802211
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesC$16.96 billion
Profitability
Miscellaneous
Employees44,220
Next Earnings Date2/28/2019 (Confirmed)
OptionableOptionable
Canadian Imperial Bank of Commerce (TSE:CM) Frequently Asked Questions
What is Canadian Imperial Bank of Commerce's stock symbol?
Canadian Imperial Bank of Commerce trades on the Toronto 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, November 29th. Stockholders of record on Friday, December 28th will be paid a dividend of 1.36 per share on Monday, January 28th. This represents a $5.44 dividend on an annualized basis and a dividend yield of 4.76%. The ex-dividend date is Thursday, December 27th. 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) posted its earnings results on Thursday, November, 29th. The company reported $3.00 earnings per share (EPS) for the quarter, meeting the consensus estimate of $3.00. The company had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.52 billion. View Canadian Imperial Bank of Commerce's Earnings History.
When is Canadian Imperial Bank of Commerce's next earnings date?
What price target have analysts set for CM?
6 equities research analysts have issued 12 month price targets for Canadian Imperial Bank of Commerce's shares. Their forecasts range from C$122.00 to C$145.00. On average, they anticipate Canadian Imperial Bank of Commerce's share price to reach C$129.60 in the next year. This suggests a possible upside of 13.4% from the stock's current price. View Analyst Price Targets for Canadian Imperial Bank of Commerce.
What is the consensus analysts' recommendation for Canadian Imperial Bank of Commerce?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Imperial Bank of Commerce in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Canadian Imperial Bank of Commerce.
Has Canadian Imperial Bank of Commerce been receiving favorable news coverage?
Press coverage about CM stock has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Canadian Imperial Bank of Commerce earned a daily sentiment score of 2.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the stock's share price in the near term.
Who are some of Canadian Imperial Bank of Commerce's key competitors?
Some companies that are related to Canadian Imperial Bank of Commerce include Toronto-Dominion Bank (TD), HSBC (HSBA), Bank of Nova Scotia (BNS), Australia and New Zealand Banking Group (ANZ), National Australia Bank (NAB), Bank of Montreal (BMO), Barclays (BARC), National Bank of Canada (NA), Bendigo and Adelaide Bank (BEN), Bank of Queensland (BOQ), Canadian Western Bank (CWB), Arbuthnot Banking Group (ARBB), Atlas Mara (ATMA), Banca Carige (CRG) and Edgewater Bancorp (EGDW).
What other stocks do shareholders of Canadian Imperial Bank of Commerce own?
Who are Canadian Imperial Bank of Commerce's key executives?
Canadian Imperial Bank of Commerce's management team includes the folowing people:
- Mr. Victor G. Dodig, Pres, CEO & Director (Age 53)
- Mr. Kevin A. Glass, Sr. EVP & CFO (Age 61)
- Mr. Harry K. Culham, Sr. EVP & Group Head of Capital Markets
- Mr. Larry D. Richman, Sr. EVP & Group Head of US Region (Age 66)
- Mr. Deepak K. Khandelwal, Sr. EVP and Group Head of Client Connectivity & Innovation
How do I buy shares of Canadian Imperial Bank of Commerce?
Shares of CM 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 CM stock can currently be purchased for approximately C$114.24.
How big of a company is Canadian Imperial Bank of Commerce?
Canadian Imperial Bank of Commerce has a market capitalization of C$50.62 billion and generates C$16.96 billion in revenue each year. Canadian Imperial Bank of Commerce employs 44,220 workers across the globe.
What is Canadian Imperial Bank of Commerce's official website?
How can I contact Canadian Imperial Bank of Commerce?
Canadian Imperial Bank of Commerce's mailing address is 199 Bay Street, Commerce Court, TORONTO, ON M5L 1A2, Canada. The company can be reached via phone at +1-416-9802211.
MarketBeat Community Rating for Canadian Imperial Bank of Commerce (TSE CM)
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 CM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CM will underperform the S&P 500 over the long term. You may vote once every thirty days.
