TSE:CM - Canadian Imperial Bank of Commerce Stock Price, News, & Analysis

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C$108.75 -0.99 (-0.90 %)
(As of 01/23/2019 03:13 PM ET)
Previous CloseC$109.74
Today's RangeC$108.53 - C$110.23
52-Week RangeC$99.51 - C$125.21
Volume836,134 shs
Average Volume1.17 million shs
Market CapitalizationC$48.16 billion
P/E Ratio9.33
Dividend Yield4.96%
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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Industry, Sector and Symbol

Industry Money Center Banks
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone+1-416-9802211

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$16.96 billion
Cash FlowC$302.85 per share
Book ValueC$73.83 per share

Profitability

Miscellaneous

Employees44,220
Market CapC$48.16 billion
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. Shareholders 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 yield of 5.00%. 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) released its quarterly earnings data on Thursday, November, 29th. The company reported $3.00 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $3.00. The company had revenue of $4.45 billion for 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?

Canadian Imperial Bank of Commerce is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Canadian Imperial Bank of Commerce.

What price target have analysts set for CM?

7 brokerages have issued 12 month price targets 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 share price to reach C$129.60 in the next twelve months. This suggests a possible upside of 19.2% 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?

7 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 3 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 trended negative this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of 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 news impact score of -2.1 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the immediate future.

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:
  • Mr. Victor G. Dodig, Pres, CEO & Director (Age 52)
  • Mr. Kevin A. Glass, Sr. EVP & CFO (Age 60)
  • Mr. Harry K. Culham, Sr. EVP & Group Head of Capital Markets
  • Mr. Larry D. Richman, Sr. EVP & Group Head of US Region (Age 65)
  • 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$108.71.

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

Canadian Imperial Bank of Commerce has a market capitalization of C$48.14 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?

The official website for Canadian Imperial Bank of Commerce is https://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.


MarketBeat Community Rating for Canadian Imperial Bank of Commerce (TSE CM)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  285 (Vote Outperform)
Underperform Votes:  497 (Vote Underperform)
Total Votes:  782
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.
This page was last updated on 1/23/2019 by MarketBeat.com Staff

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