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
Phone+1-416-9802211
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesC$16.96 billion
Profitability
Miscellaneous
Employees44,220
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 announced a quarterly dividend on Thursday, November 29th. Stockholders of record on Friday, December 28th will be given 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 4.81%. The ex-dividend date of this dividend 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 EPS for the quarter, hitting the consensus estimate of $3.00. The firm earned $4.45 billion during the quarter, compared to analysts' expectations 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 Wall Street analysts have issued 12 month target prices for Canadian Imperial Bank of Commerce's stock. Their predictions range from C$122.00 to C$145.00. On average, they expect Canadian Imperial Bank of Commerce's stock price to reach C$129.60 in the next twelve months. This suggests a possible upside of 14.6% 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?
News headlines about CM stock have been trending negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Canadian Imperial Bank of Commerce earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future.
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).
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$113.05.
How big of a company is Canadian Imperial Bank of Commerce?
Canadian Imperial Bank of Commerce has a market capitalization of C$50.06 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.
