Canadian Imperial Bank of CommerceCM
Market Cap: $56B
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 Q2 SEC filings by fund managers ($100M+ AUM)
3.31% more ownership
Funds ownership: 45.8% [Q1] → 49.11% (+3.31%) [Q2]
1% more capital invested
Capital invested by funds: $21.9B [Q1] → $22.1B (+$281M) [Q2]
3% less repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 142
6% less call options, than puts
Call options by funds: $446M | Put options by funds: $474M
2% less funds holding
Funds holding: 390 [Q1] → 381 (-9) [Q2]
11% less funds holding in top 10
Funds holding in top 10: 18 [Q1] → 16 (-2) [Q2]
19% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 48
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
BMO Capital Sohrab Movahedi 86% 1-year accuracy 6 / 7 met price target | 37%upside $81 | Outperform Maintained | 30 Aug 2024 |
Financial journalist opinion
Based on 11 articles about CM published over the past 30 days