Canadian Imperial/CM

$50.04

6.3%
-
1D1W1MYTD1YMAX

About Canadian Imperial

Canadian Imperial Bank of Commerce is a Canada-based financial institution. The Company has 13million personal banking, business, public sector and institutional clients. Across personal and business banking, commercial banking and wealth management, and capital markets businesses, the Company offers a full range of advice, solutions and services through its digital banking network and locations across Canada, with offices in the United States and around the world. Its personal banking offers products and services, including bank accounts, credit cards, mortgages, lending, investments, insurance, ways to bank and smart advice. Its business banking products and services include accounts, credit cards, borrowing, investing, cash management, smart business advice and healthcare. It also offers various business solution, including Managing Cash Flow, Financing Your Business and Day-to-Day Banking.

Ticker

CM

Sector

Financials

Trading on

NYSE

Industry

Money Center Banks

CEO

Victor Dodig

Employees

48,047

Headquarters

Toronto, Canada

CM Metrics

BasicAdvanced
$62B
Market cap
10.14
P/E ratio
$6.53
EPS
1.09
Beta
$3.49
Dividend rate
5.44%
Dividend yield
$62B
1.09466
$69.42
$47.44
4.1M
$3.49
14.5
231.429
53.39%
0.67%
12.83%
10.135
2.632
1.262
1.35
12.565
5.26%
5.27%
5.44%
66.65%
29.14%
36.96%
7.89%
5.74%

What the Analysts think about CM

Analyst Ratings

Majority rating from 17 analysts.
Hold

Price Targets

Average projection from 16 analysts.
1.2% upside
High $56.31
Low $36.57
$50.04
Current price
$50.64
Average price target

CM Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
10.92% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$16B
3.99%
Net income
$1.7B
16.34%
Profit margin
10.92%
11.89%

CM Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 9.19%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$1.70
$1.52
$1.57
$1.81
-
Expected
$1.63
$1.68
$1.53
$1.66
$1.65
Surprise
4.27%
-9.75%
2.88%
9.19%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Canadian Imperial stock?

Canadian Imperial (CM) has a market cap of $62B as of May 30, 2024.

What is the P/E ratio for Canadian Imperial stock?

The price to earnings (P/E) ratio for Canadian Imperial (CM) stock is 10.14 as of May 30, 2024.

Does Canadian Imperial stock pay dividends?

Yes, the Canadian Imperial (CM) stock pays dividends to shareholders. As of May 30, 2024, the dividend rate is $3.49 and the yield is 5.44%. Canadian Imperial has a payout ratio of 53.39% on a trailing twelve-month basis.

When is the next Canadian Imperial dividend payment date?

The next Canadian Imperial (CM) dividend payment date is unconfirmed.

What is the beta indicator for Canadian Imperial?

Canadian Imperial (CM) has a beta rating of 1.09. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Canadian Imperial stock price target?

The target price for Canadian Imperial (CM) stock is $50.64, which is 1.28% above the current price of $50. This is an average based on projections from 16 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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