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TSE:CMCanadian Imperial Bank of Commerce Stock Price, Forecast & News

C$94.75
+1.11 (+1.19 %)
(As of 08/7/2020 04:00 PM ET)
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Today's Range
C$93.26
Now: C$94.75▼
C$94.92
50-Day Range
C$90.13
MA: C$92.50▼
C$94.20
52-Week Range
C$67.52
Now: C$94.75▼
C$115.96
Volume795,083 shs
Average Volume2.41 million shs
Market CapitalizationC$42.17 billion
P/E Ratio10.41
Dividend Yield6.24%
BetaN/A
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.
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Canadian Imperial Bank of Commerce logo

Beat the Market (BTM) Rank™

Analyst Opinion: 1.4Community Rank: 1.9Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

1.41 out of 5 stars


Industry, Sector and Symbol

Stock Exchange TSE
Industry Money Center Banks
Sub-IndustryN/A
SectorFinance
Current SymbolTSE:CM
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.cibc.com
Phone+1-416-9802211

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio10.41
Forward P/E Ratio9.31
P/E Growth-2.42

Sales & Book Value

Annual SalesC$16.57 billion
Price / Sales2.54
Cash FlowC$616.06 per share
Price / Cash Flow0.15
Book ValueC$83.67 per share
Price / Book1.13

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees43,815
Outstanding Shares445,093,000
Market CapC$42.17 billion
Next Earnings Date8/27/2020 (Estimated)
OptionableOptionable
C$94.75
+1.11 (+1.19 %)
(As of 08/7/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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

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

Canadian Imperial Bank of Commerce's stock was trading at C$85.68 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CM stock has increased by 10.6% and is now trading at C$94.75.
View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Canadian Imperial Bank of Commerce?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Imperial Bank of Commerce in the last year. There are currently 2 hold ratings, 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Canadian Imperial Bank of Commerce.

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, August 27th 2020.
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 (TSE:CM) released its quarterly earnings data on Thursday, May, 28th. The company reported $0.94 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.65 by $0.71. The company had revenue of $4.58 billion for the quarter, compared to analyst estimates of $4.70 billion.
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 announced a quarterly dividend on Thursday, May 28th. Stockholders of record on Monday, June 29th will be paid a dividend of 1.46 per share on Tuesday, July 28th. This represents a $5.84 annualized dividend and a yield of 6.16%. The ex-dividend date of this dividend is Friday, June 26th.
View Canadian Imperial Bank of Commerce's dividend history.

What price target have analysts set for CM?

4 brokerages have issued 1 year target prices for Canadian Imperial Bank of Commerce's stock. Their forecasts range from C$84.00 to C$115.00. On average, they expect Canadian Imperial Bank of Commerce's share price to reach C$97.82 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price.
View analysts' price targets for Canadian Imperial Bank of Commerce.

Has Canadian Imperial Bank of Commerce been receiving favorable news coverage?

Media coverage about CM stock has trended extremely negative recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Canadian Imperial Bank of Commerce earned a media sentiment score of -4.8 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future.
View the latest news about Canadian Imperial Bank of Commerce.

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), Bank of Nova Scotia (BNS), HSBC (HSBA), Bank of Montreal (BMO), National Australia Bank (NAB), Australia and New Zealand Banking Group (ANZ), National Bank of Canada (NA), Barclays (BARC), Bendigo and Adelaide Bank (BEN), Bank of Queensland (BOQ), Canadian Western Bank (CWB), Secure Trust Bank (STB), Arbuthnot Banking Group (ARBB), Manx Financial Group (MFX) and Atlas Mara (ATMA).
View all 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 Intact Financial (IFC), Constellation Software (CSU), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Royal Bank of Canada (RY), Bank of Montreal (BMO), Alimentation Couche-Tard (ATD.B), Enbridge (ENB), BCE (BCE) and AutoCanada (ACQ).

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

Canadian Imperial Bank of Commerce's management team includes the following people:
  • Mr. Victor G. Dodig, Pres, CEO & Director (Age 53)
  • Mr. Kevin A. Glass, Sr. EVP & CFO (Age 61)
  • Mr. Michael G. Capatides, Sr. EVP & Group Head of US Region, Pres and CEO of CIBC Bank USA
  • Mr. Harry K. Culham, Sr. EVP & Group Head of Capital Markets
  • Mr. John P. Ferren, Sr. VP, Corp. CFO & Investor Relations

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 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$94.75.

How big of a company is Canadian Imperial Bank of Commerce?

Canadian Imperial Bank of Commerce has a market capitalization of C$42.17 billion and generates C$16.57 billion in revenue each year. Canadian Imperial Bank of Commerce employs 43,815 workers across the globe.

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

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

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.

This page was last updated on 8/9/2020 by MarketBeat.com Staff
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