Canadian Imperial Bank of Commerce
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 6,815 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 (+$3.58B) [Q3]
12% more funds holding
Funds holding: 383 [Q2] → 429 (+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
67%
upside
Avg. target
$103
67%
upside
High target
$103
67%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
RBC Capital Darko Mihelic 80% 1-year accuracy 4 / 5 met price target | 67%upside $103 | Outperform Upgraded | 9 Jan 2025 |
Financial journalist opinion
Based on 4 articles about CM published over the past 30 days
Positive
Zacks Investment Research
6 days 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?
Neutral
Zacks Investment Research
1 week 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?
Positive
Zacks Investment Research
3 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?
Positive
Seeking Alpha
3 weeks 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.
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?
Neutral
Zacks Investment Research
1 month 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.
Negative
Zacks Investment Research
1 month 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.
Neutral
Seeking Alpha
1 month 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.
Positive
Zacks Investment Research
1 month ago
Will Canadian Imperial Bank (CM) Beat Estimates Again in Its Next Earnings Report?
Canadian Imperial Bank (CM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Neutral
Zacks Investment Research
1 month ago
BNS vs. CM: Which Stock Is the Better Value Option?
Investors looking for stocks in the Banks - Foreign sector might want to consider either Bank of Nova Scotia (BNS) or Canadian Imperial Bank (CM). But which of these two stocks is more attractive to value investors?
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