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$16.89 billion
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date5/22/2019 (Estimated)
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, February 28th. Stockholders of record on Thursday, March 28th will be paid a dividend of 1.40 per share on Monday, April 29th. This represents a $5.60 annualized dividend and a dividend yield of 4.94%. This is an increase from Canadian Imperial Bank of Commerce's previous quarterly dividend of $1.36. 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) issued its quarterly earnings data on Thursday, August, 24th. The company reported $2.77 earnings per share for the quarter, beating analysts' consensus estimates of $2.63 by $0.14. The company earned $4.10 billion during the quarter, compared to analyst estimates of $4.01 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 1-year price targets for Canadian Imperial Bank of Commerce's stock. Their predictions range from C$120.00 to C$135.00. On average, they expect Canadian Imperial Bank of Commerce's stock price to reach C$128.40 in the next year. This suggests a possible upside of 13.3% 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?
Media headlines about CM stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog 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 coverage optimism score of -1.4 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the next several days.
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), Atlas Mara (ATMA), Secure Trust Bank (STB), Arbuthnot Banking Group (ARBB) and Manx Financial Group (MFX).
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$113.34.
How big of a company is Canadian Imperial Bank of Commerce?
Canadian Imperial Bank of Commerce has a market capitalization of C$50.31 billion and generates C$16.89 billion in revenue each year.
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.
