Canadian Imperial Bank of Commerce (NYSE:CM – Free Report) (TSE:CM) – Equities researchers at National Bank Financial cut their FY2025 earnings estimates for Canadian Imperial Bank of Commerce in a report released on Thursday, December 5th. National Bank Financial analyst G. Dechaine now expects that the bank will earn $5.62 per share for the year, down from their previous forecast of $5.71. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $5.49 per share. National Bank Financial also issued estimates for Canadian Imperial Bank of Commerce’s Q4 2025 earnings at $1.36 EPS and FY2026 earnings at $6.12 EPS.
A number of other research firms have also weighed in on CM. Cormark upgraded shares of Canadian Imperial Bank of Commerce from a “hold” rating to a “moderate buy” rating in a report on Friday, August 30th. StockNews.com upgraded shares of Canadian Imperial Bank of Commerce from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Royal Bank of Canada reiterated a “sector perform” rating and set a $97.00 target price (up from $74.00) on shares of Canadian Imperial Bank of Commerce in a report on Friday, December 6th. BMO Capital Markets increased their target price on shares of Canadian Imperial Bank of Commerce from $77.00 to $81.00 and gave the stock an “outperform” rating in a report on Friday, August 30th. Finally, Bank of America upgraded shares of Canadian Imperial Bank of Commerce from a “neutral” rating to a “buy” rating in a report on Friday, August 30th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, Canadian Imperial Bank of Commerce presently has an average rating of “Moderate Buy” and a consensus price target of $89.00.
Canadian Imperial Bank of Commerce Stock Performance
NYSE CM opened at $66.48 on Monday. The company has a 50-day simple moving average of $63.19 and a two-hundred day simple moving average of $56.29. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.14. Canadian Imperial Bank of Commerce has a 12-month low of $42.59 and a 12-month high of $67.14. The firm has a market cap of $62.80 billion, a price-to-earnings ratio of 12.43, a PEG ratio of 1.76 and a beta of 1.06.
Institutional Trading of Canadian Imperial Bank of Commerce
Institutional investors and hedge funds have recently bought and sold shares of the stock. Ridgewood Investments LLC purchased a new stake in Canadian Imperial Bank of Commerce in the second quarter worth about $29,000. BNP Paribas Financial Markets purchased a new stake in Canadian Imperial Bank of Commerce in the third quarter worth about $44,000. Blue Trust Inc. lifted its holdings in Canadian Imperial Bank of Commerce by 571.6% in the third quarter. Blue Trust Inc. now owns 732 shares of the bank’s stock worth $45,000 after buying an additional 623 shares during the period. Massmutual Trust Co. FSB ADV increased its stake in shares of Canadian Imperial Bank of Commerce by 23.1% during the third quarter. Massmutual Trust Co. FSB ADV now owns 911 shares of the bank’s stock valued at $56,000 after purchasing an additional 171 shares in the last quarter. Finally, City State Bank bought a new position in shares of Canadian Imperial Bank of Commerce during the third quarter valued at approximately $61,000. 49.88% of the stock is currently owned by hedge funds and other institutional investors.
Canadian Imperial Bank of Commerce Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 28th. Shareholders of record on Friday, December 27th will be issued a $0.6912 dividend. The ex-dividend date is Friday, December 27th. This is a positive change from Canadian Imperial Bank of Commerce’s previous quarterly dividend of $0.65. This represents a $2.76 annualized dividend and a yield of 4.16%. Canadian Imperial Bank of Commerce’s dividend payout ratio (DPR) is 53.46%.
Canadian Imperial Bank of Commerce Company Profile
Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S.
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