Canadian Imperial Bank of Commerce (CM)

• Market cap: $54.8B
• 1 day: 0.05%
• 5 days: 2.98%
• 1 month: -4.02%
• 3 months: -9.96%
• 6 months: -6.76%
• Year to date: -7.54%
• 1 year: 15.37%
• 5 years: 99.28%
• 10 years: 58.29%
• Sector: Financials
• Industry: Commercial Banks

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

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

52% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 42

8% more capital invested

Capital invested by funds: $26.1B [Q3] → $28.1B (+$2B) [Q4]

4% more funds holding

Funds holding: 432 [Q3] → 449 (+17) [Q4]

1.89% more ownership

Funds ownership: 45.42% [Q3] → 47.31% (+1.89%) [Q4]

5% less funds holding in top 10

Funds holding in top 10: 22 [Q3] → 21 (-1) [Q4]

15% less repeat investments, than reductions

Existing positions increased: 139 | Existing positions reduced: 164

37% less call options, than puts

Call options by funds: $544M | Put options by funds: $862M

Research analyst outlook

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

• Low target: $103 77% upside
• Avg. target: $103 77% upside
• High target: $103 77% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

RBC Capital Darko Mihelic 0% 1-year accuracy 0 / 9 met price target

77% upside $103

Outperform Upgraded

9 Jan 2025