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 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
159% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 29
38% more funds holding in top 10
Funds holding in top 10: 16 [Q2] → 22 (+6) [Q3]
21% more repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 130
16% more capital invested
Capital invested by funds: $22.3B [Q2] → $25.8B (+$3.49B) [Q3]
12% more funds holding
Funds holding: 383 [Q2] → 429 (+46) [Q3]
4.81% less ownership
Funds ownership: 49.65% [Q2] → 44.85% (-4.81%) [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
$97
51%
upside
Avg. target
$97
51%
upside
High target
$97
51%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
RBC Capital Darko Mihelic 100% 1-year accuracy 1 / 1 met price target | 51%upside $97 | Sector Perform Reiterated | 6 Dec 2024 |
Financial journalist opinion
Based on 5 articles about CM published over the past 30 days
Positive
Seeking Alpha
4 days 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 week 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
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
2 weeks 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
2 weeks 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?
Positive
Seeking Alpha
1 month ago
My Dividend Stock Portfolio: New October Dividend Record - 100 Holdings With 15 Buys
Investment activity in October focused on Business Development Companies, with $1,300 added to the market. Adjusted dividend income in October of $789, up 25% Y/Y and up 11% sequentially. Main picks included Blackstone Secured Lending, Goldman Sachs BDC, and Midcap Financial Investment Corporation.
Positive
Seeking Alpha
1 month ago
Dividend Income: Lanny's October 2024 Summary
Big Oil with BHP Billiton came big with a massive dividend. Canadian Imperial, one of the big 6 Canadian banks, sent a massive $210 dividend my way. There are a few less names now in 2024 than 2023, such as MDU Resources and Haleon.
Positive
Seeking Alpha
1 month ago
November's 5 Dividend Growth Stocks With 4.91%+ Yields
Every month we screen for potential dividend growth opportunities, which can provide some new potential ideas that could otherwise slip by. While we look for more consistent dividend growers with relatively higher yields, we also include safety in terms of earnings stability or growth potential in the screening process. We look at five of those that screen the highest based on yield, and this month, we have two new names that haven't made the discussion portion before.
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