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Canadian Imperial Bank of Commerce CM Stock Quote

Morningstar Rating
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NYSE: CM

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| Currency in USD

  • Last Close 40.08
  • Sector Financial Services
  • Industry Banks - Diversified
  • Investment Style Large Value
  • Day Range 40.07  –  40.67
  • Year Range 38.88  –  48.85
  • Market Cap 37.0353 Bil
  • Volume / Avg 5.4 Mil /  1.3 Mil
  • Price / Sales 2.15
  • Price / Book 1.06
  • Forward Div Yield 6.24%
  • Trailing Div Yield 10.65%

Morningstar‘s Stock Analysis CM

Valuation
Currency in —
Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Canadian Imperial Bank of Commerce Earnings: Provisioning Keeps Piling Up, Trend Could Continue

Eric Compton Strategist

Analyst Note

| Eric Compton |

Narrow-moat-rated Canadian Imperial Bank of Commerce, or CIBC, reported OK fiscal third-quarter results. Adjusted earnings per share were CAD 1.52, representing an 18% decline year over year and 17% decline sequentially, largely driven by outsized provisioning. Results generally fit within the overall pattern we expected for the Canadian banks this year, as we envisioned slowing loan growth, an increase in credit strain, and some pressure on net interest income growth.

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Key Statistics CM

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Company Profile CM

Business Description

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.

Contact
81 Bay Street, CIBC Square
Toronto, ON, M5J 0E7, CAN
Sector Financial Services
Industry Banks - Diversified
Employees 48,718

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Related News CM

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Competitors & Peers CM

More on CM’s Competitors & Peers

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of CM’s competitive advantage.

Canadian Imperial Bank of Commerce

XNYS: CM

Bank of Montreal

XTSE: BMO

Bank of Nova Scotia

XTSE: BNS

Royal Bank of Canada

XTSE: RY
Price
40.08115.6063.33120.19
Currency
USDCADCADCAD
Change
−$0.30 (0.74%) −$0.98 (0.84%) −$0.10 (0.16%) −$0.65 (0.54%)
Market Cap
37.04 Bil82.85 Bil76.33 Bil167.70 Bil
Industry
Banks - Diversified Banks - Diversified Banks - Diversified Banks - Diversified
Sector
Financial Services
Financial Services
Financial Services
Financial Services

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Canadian Imperial Bank of Commerce Stock

Yes. CM has a forward dividend yield of 6.40%. See CM’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

CM’s market cap is 37.04 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

CM’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

CM’s price/sales is 2.15.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

CM’s price/forward earnings is 11.01.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

CM’s price/book is 1.06.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See CM’s valuation ratios compared to the Market Index.

CM’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare CM’s historical performance against its industry peers and the overall market.