Canadian Imperial Bank of Commerce
CM

$51.21

1.35%

Market Cap: 48.3B

About: Canadian Imperial Bank of Commerce is Canada's fifth-largest bank and operates three business segments: retail and business banking, wealth management, and capital markets. It serves approximately 11 million personal banking and business customers, primarily in Canada.

Employees: 48,074

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

0

News positive %

of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

15% more call options, than puts

Call options by funds: $458M | Put options by funds: $399M

14% more repeat investments, than reductions

Existing positions increased: 147 | Existing positions reduced: 129

13% more funds holding in top 10

Funds holding in top 10: 16 [Q4 2023] → 18 (+2) [Q1 2024]

9% more capital invested

Capital invested by funds: $19.9B [Q4 2023] → $21.7B (+$1.83B) [Q1 2024]

1.31% more ownership

Funds ownership: 44.19% [Q4 2023] → 45.5% (+1.31%) [Q1 2024]

7% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 43

1% more funds holding

Funds holding: 383 [Q4 2023] → 386 (+3) [Q1 2024]

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price forecasts over the past 6 months

Low target

$77

50%

upside

Avg. target

$77

50%

upside

High target

$77

50%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

BMO Capital

Sohrab Movahedi

50%upside

$77

Outperform

Maintained

31 May 2024

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about CM published over the past 30 days

My Dividend Stock Portfolio: New June Dividend Record - 101 Holdings With 22 Buys

Investment activity remained high in June, focusing on BDCs aiming to increase dividend income by at least $100 each month. Adjusted dividend income in June is up 27% Y/Y and 5% vs the previous quarter. Main portfolio picks included Ares Capital, Hercules Capital, Goldman Sachs BDC, and MidCap Financial Investment Corporation.

My Dividend Stock Portfolio: New June Dividend Record - 101 Holdings With 22 Buys

Zacks Investment Research

SVNLY vs. CM: Which Stock Is the Better Value Option?

Investors with an interest in Banks - Foreign stocks have likely encountered both Svenska Handelsbanken Ab Publ (SVNLY) and Canadian Imperial Bank (CM). But which of these two stocks offers value investors a better bang for their buck right now?

SVNLY vs. CM: Which Stock Is the Better Value Option?

July's 5 Dividend Growth Stocks With 5.35%+ Yields

Screening dividend growth stocks can be important for income investors to find attractively priced opportunities. The number of publicly traded companies is vast, so using quant grades in dividend safety, growth, and consistency can help narrow down a list of potential candidates. This month we take a look at three different REITs, a Canadian bank and a chemicals company.

July's 5 Dividend Growth Stocks With 5.35%+ Yields

Zacks Investment Research

ISNPY vs. CM: Which Stock Is the Better Value Option?

Investors with an interest in Banks - Foreign stocks have likely encountered both Intesa Sanpaolo SpA (ISNPY) and Canadian Imperial Bank (CM). But which of these two stocks offers value investors a better bang for their buck right now?

ISNPY vs. CM: Which Stock Is the Better Value Option?

Canadian Imperial Bank of Commerce: Encouraging Growth In Trading Revenues

The Canadian Imperial Bank of Commerce has seen encouraging growth in trading revenues. Residential mortgages show potential for significant growth given the recent cut in interest rates by the Bank of Canada. I take a bullish view on the Canadian Imperial Bank of Commerce stock.

Canadian Imperial Bank of Commerce: Encouraging Growth In Trading Revenues

Zacks Investment Research

Canadian Imperial (CM) Stock Gains 7.5% as Q2 Earnings Rise Y/Y

Canadian Imperial (CM) records an improvement in revenues in the second quarter of fiscal 2024.

Canadian Imperial (CM) Stock Gains 7.5% as Q2 Earnings Rise Y/Y

Canadian Imperial Bank of Commerce (CM) Q2 2024 Earnings Call Transcript

Canadian Imperial Bank of Commerce (NYSE:CM ) Q2 2024 Earnings Conference Call May 30, 2024 7:30 AM ET Company Participants Geoff Weiss - Senior Vice President, Investor Relations Victor Dodig - President & Chief Executive Officer Robert Sedran - Senior Executive Vice-President and Chief Financial Officer Hratch Panossian - Senior Executive Vice-President and Head of Personal and Business Banking, Canada Frank Guse - Chief Risk Officer Jon Hountalas - Senior Executive Vice President & Group Head, Canadian Banking Harry Culham - Senior Executive Vice-President & Group Head, Capital Markets Shawn Beber - Senior Executive Vice-President & Group Head, U.S. Region; President & CEO, CIBC Bank USA Conference Call Participants Matthew Lee - Canaccord Genuity Doug Young - Desjardins Capital Markets Ebrahim Poonawala - Bank of America Meny Grauman - Scotiabank Sohrab Movahedi - BMO Capital Markets Nigel D'Souza - Veritas Investment Research Lemar Persaud - Cormark Securities Gabriel Dechaine - National Bank Financial Operator Good morning, and welcome to the CIBC Quarterly Financial Results Call. Please be advised that this call is being recorded.

Canadian Imperial Bank of Commerce (CM) Q2 2024 Earnings Call Transcript

CIBC Rises After Becoming Latest Canadian Bank To Post Strong Earnings

Shares of the Canadian Imperial Bank of Commerce (CM) gained in premarket trading Thursday after the bank reported second-quarter earnings above analyst expectations, the latest in a string of strong Canadian bank earnings closing out the month.

CIBC Rises After Becoming Latest Canadian Bank To Post Strong Earnings

Zacks Investment Research

Canadian Imperial Bank (CM) Beats Q2 Earnings and Revenue Estimates

Canadian Imperial Bank (CM) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.22 per share. This compares to earnings of $1.25 per share a year ago.

Canadian Imperial Bank (CM) Beats Q2 Earnings and Revenue Estimates

CIBC hires Barclays veteran to expand leveraged finance business

Canadian Imperial Bank of Commerce (CIBC) has hired Brad Aston, a veteran of nearly two decades at Barclays , as the global head of leveraged finance in its capital markets unit, according to a memo seen by Reuters on Tuesday.

CIBC hires Barclays veteran to expand leveraged finance business

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