CM icon

Canadian Imperial Bank of Commerce

61.39 USD
-0.89
1.43%
At close Feb 10, 4:00 PM EST
After hours
61.39
+0.00
0.00%
1 day
-1.43%
5 days
-0.10%
1 month
-1.06%
3 months
-4.84%
6 months
21.08%
Year to date
-2.18%
1 year
34.75%
5 years
48.50%
10 years
67.14%
 

About: Canadian Imperial Bank of Commerce is Canada's fifth-largest bank with around CAD 1 trillion in assets. It operates four business segments: Canadian retail and business banking, Canadian commercial banking and wealth management, US commercial banking and wealth management, and capital markets. It serves approximately 14 million personal banking and business customers, primarily in Canada and the US.

Employees: 48,074

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

226% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 23

38% more funds holding in top 10

Funds holding in top 10: 16 [Q2] → 22 (+6) [Q3]

22% more repeat investments, than reductions

Existing positions increased: 158 | Existing positions reduced: 129

16% more capital invested

Capital invested by funds: $22.6B [Q2] → $26.2B (+$3.59B) [Q3]

12% more funds holding

Funds holding: 384 [Q2] → 430 (+46) [Q3]

4.77% less ownership

Funds ownership: 50.24% [Q2] → 45.47% (-4.77%) [Q3]

12% less call options, than puts

Call options by funds: $591M | Put options by funds: $670M

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$103
68%
upside
Avg. target
$103
68%
upside
High target
$103
68%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
RBC Capital
Darko Mihelic
40% 1-year accuracy
2 / 5 met price target
68%upside
$103
Outperform
Upgraded
9 Jan 2025

Financial journalist opinion

Positive
Zacks Investment Research
2 weeks ago
Canadian Imperial Bank (CM) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Canadian Imperial Bank (CM) have what it takes?
Canadian Imperial Bank (CM) Could Be a Great Choice
Positive
Seeking Alpha
3 weeks ago
My Dividend Stock Portfolio: $10,000 In Dividends In 2024 - 97 Holdings With 13 Buys
In December, I invested around $1,200 primarily in Business Development Companies, boosting my annual dividend income by $131 with a full-year total of almost $1,700.
My Dividend Stock Portfolio: $10,000 In Dividends In 2024 - 97 Holdings With 13 Buys
Positive
Zacks Investment Research
1 month ago
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Canadian Imperial Bank (CM) have what it takes?
Are You Looking for a High-Growth Dividend Stock?
Neutral
Zacks Investment Research
1 month ago
BDORY or CM: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Banks - Foreign sector might want to consider either Banco Do Brasil SA (BDORY) or Canadian Imperial Bank (CM). But which of these two stocks presents investors with the better value opportunity right now?
BDORY or CM: Which Is the Better Value Stock Right Now?
Positive
Zacks Investment Research
1 month ago
Canadian Imperial Bank (CM) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Canadian Imperial Bank (CM) have what it takes?
Canadian Imperial Bank (CM) Could Be a Great Choice
Positive
Seeking Alpha
1 month ago
My Dividend Stock Portfolio: New November Dividend Record - 97 Holdings With 18 Buys
In November, I invested $1,400 primarily in Business Development Companies, boosting my yearly dividend income by $148, with a YTD total exceeding $1,400. My portfolio achieved all-time highs, driven by a strong earnings season and a dovish Fed, with BDCs like Goldman Sachs BDC and Blackstone Secured Lending Fund as key picks. November's dividend income hit a record $620, a 20% Y/Y growth, mainly due to ongoing investments into Hercules Capital.
My Dividend Stock Portfolio: New November Dividend Record - 97 Holdings With 18 Buys
Positive
Zacks Investment Research
2 months ago
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Canadian Imperial Bank (CM) have what it takes?
Are You Looking for a High-Growth Dividend Stock?
Neutral
Zacks Investment Research
2 months ago
The Zacks Analyst Blog Raymond James Financial, ChoiceOne Financial Services, Royal Bank of Canada and Canadian Imperial Bank of Commerce
Raymond James Financial, ChoiceOne Financial Services, Royal Bank of Canada and Canadian Imperial Bank of Commerce are included in this Analyst Blog.
The Zacks Analyst Blog Raymond James Financial, ChoiceOne Financial Services, Royal Bank of Canada and Canadian Imperial Bank of Commerce
Negative
Zacks Investment Research
2 months ago
4 Finance Stocks With Recent Dividend Hikes to Keep An Eye On
RJF, COFS, RY and CM are stocks to look out for a regular stream of income, given recent dividend hikes amid an uncertain operating backdrop.
4 Finance Stocks With Recent Dividend Hikes to Keep An Eye On
Neutral
Seeking Alpha
2 months ago
Canadian Imperial Bank of Commerce (CM) Q4 2024 Earnings Call Transcript
Canadian Imperial Bank of Commerce (NYSE:CM ) Q4 2024 Results Conference Call December 5, 2024 7:30 AM ET Company Participants Geoff Weiss - Senior Vice President, Investor Relations Victor Dodig - President and Chief Executive Officer Rob Sedran - Chief Financial Officer Frank Guse - Chief Risk Officer Shawn Beber - Senior EVP & Group Head of US Region Harry Culham - Capital Markets, Global Asset Management and Enterprise Strategy Hratch Panossian - Personal and Business Banking, Canada Susan Rimmer - Commercial Banking and Wealth Management Conference Call Participants Matthew Lee - Canaccord Genuity Ebrahim Poonawala - Bank of America Doug Young - Desjardins Capital Markets Sohrab Movahedi - BMO Capital Markets Meny Grauman - Scotiabank Lemar Persaud - Cormark 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) Q4 2024 Earnings Call Transcript
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