CM - Canadian Imperial Bank of Commerce

NYSE - NYSE Delayed Price. Currency in USD
78.22
-0.64 (-0.81%)
At close: 4:02PM EDT

78.25 +0.03 (0.04%)
After hours: 4:18PM EDT

Stock chart is not supported by your current browser
Previous Close78.86
Open78.82
Bid78.35 x 1100
Ask78.31 x 900
Day's Range78.18 - 79.11
52 Week Range72.96 - 96.98
Volume261,953
Avg. Volume411,062
Market Cap34.835B
Beta (3Y Monthly)1.19
PE Ratio (TTM)8.93
EPS (TTM)8.76
Earnings DateN/A
Forward Dividend & Yield4.27 (5.41%)
Ex-Dividend Date2019-06-27
1y Target Est98.31
Trade prices are not sourced from all markets
  • Four CIBC leaders named among Canada's Top 50 Women in FinTech
    CNW Group3 hours ago

    Four CIBC leaders named among Canada's Top 50 Women in FinTech

    Four CIBC leaders named among Canada's Top 50 Women in FinTech

  • Piper Jaffray Inks Deal to Acquire Sandler O'Neill for $485M
    Zacks6 days ago

    Piper Jaffray Inks Deal to Acquire Sandler O'Neill for $485M

    Piper Jaffray's (PJC) acquisition of Sandler O'Neill will be earnings accretive and expand its M&A business.

  • Canadian Imperial (CM) Expands in U.S., To Buy Cleary Gull
    Zacks6 days ago

    Canadian Imperial (CM) Expands in U.S., To Buy Cleary Gull

    Canadian Imperial's (CM) inorganic growth strategy will support its financials over the long run.

  • CIBC to acquire US investment banking firm Cleary Gull
    CNW Group7 days ago

    CIBC to acquire US investment banking firm Cleary Gull

    CIBC to acquire US investment banking firm Cleary Gull

  • CIBC ranks #1 in customer satisfaction with mobile credit card apps in Canada from J.D. Power
    CNW Group12 days ago

    CIBC ranks #1 in customer satisfaction with mobile credit card apps in Canada from J.D. Power

    CIBC ranks #1 in customer satisfaction with mobile credit card apps in Canada from J.D. Power

  • CIBC has Best Mobile Banking Experience for Canadians according to Surviscor
    CNW Group12 days ago

    CIBC has Best Mobile Banking Experience for Canadians according to Surviscor

    CIBC has Best Mobile Banking Experience for Canadians according to Surviscor

  • CIBC Announces Dividend Rates for NVCC Preferred Shares Series 39 and NVCC Preferred Shares Series 40
    CNW Group18 days ago

    CIBC Announces Dividend Rates for NVCC Preferred Shares Series 39 and NVCC Preferred Shares Series 40

    CIBC Announces Dividend Rates for NVCC Preferred Shares Series 39 and NVCC Preferred Shares Series 40

  • PR Newswire21 days ago

    EnerCom Announces Further Presenting Companies at The Oil & Gas Conference® 2019

    70+ oil & gas industry management teams will discuss 2019-2020 operations at EnerCom's 24th Denver energy investment conference DENVER , June 25, 2019 /PRNewswire/ -- The oil and gas companies presenting ...

  • CIBC Asset Management announces CIBC ETF cash distributions for June 2019
    CNW Group25 days ago

    CIBC Asset Management announces CIBC ETF cash distributions for June 2019

    CIBC Asset Management announces CIBC ETF cash distributions for June 2019

  • PR Newswire27 days ago

    CIBC announces changes to the CIBC Atlas Clean Energy Index

    DENVER, CO , June 19, 2019 /PRNewswire/ - CIBC (NYSE: CM) (TSX: CM) today announced that the index rebalance following close of business on June 21, 2019 will result in changes to the CIBC Atlas Clean ...

  • PR Newswire27 days ago

    EnerCom Posts Presenter Schedule for Day Two of The Oil & Gas Conference® 2019

    70+ oil & gas industry management teams will discuss 2019-2020 operations at EnerCom's 24th Denver energy investment conference DENVER , June 19, 2019 /PRNewswire/ --  EnerCom has released the presentation ...

  • CIBC to Issue NVCC Subordinated Debentures
    CNW Grouplast month

    CIBC to Issue NVCC Subordinated Debentures

    CIBC to Issue NVCC Subordinated Debentures

  • CIBC Announces Conversion Privileges of NVCC Preferred Shares Series 39
    CNW Grouplast month

    CIBC Announces Conversion Privileges of NVCC Preferred Shares Series 39

    TORONTO , June 12, 2019 /CNW/ - CIBC (CM) (CM) today announced that it does not intend to exercise its right to redeem all or any part of its currently outstanding 16,000,000 Non-cumulative Rate Reset Class A Preferred Shares Series 39 (Non-Viability Contingent Capital (NVCC)) (the "Series 39 Shares") on July 31, 2019 . Subject to certain conditions set out in the prospectus supplement dated June 2, 2014 relating to the issuance of the Series 39 Shares, the holders of Series 39 Shares have the right to convert all or any of their Series 39 Shares, on a one-for-one basis, into Non-cumulative Floating Rate Class A Preferred Shares Series 40 (Non-Viability Contingent Capital (NVCC)) of CIBC (the "Series 40 Shares") on July 31, 2019 .

  • Moody'slast month

    SAFE Trust -- Moody's Canadian ABCP activity for week ended June 7, 2019

    Moody's has reviewed the following ABCP program in conjunction with the proposed amendment. At this time the amendment, in and of itself, will not result in any rating impact on the respective program's ABCP. Moody's does not believe it will have an adverse effect on the credit quality of the securities such that the Moody's rating is impacted.

  • Moody'slast month

    Cards II Trust, Series 2019-1 -- Moody's assigns definitive ratings to CARDS II Trust 2019-1 Notes

    Moody's Investors Service ("Moody's") has assigned a definitive Aaa (sf) rating to the Class A Notes of the Series 2019-1 to be issued by CARDS II Trust (the trust), sponsored by Canadian Imperial Bank of Commerce (CIBC, long-term deposits/long-term senior unsecured Aa2 stable, long-term CR assessment Aa2 (cr), short-term deposit P-1, and BCA a3). Moody's also announced today that the issuance of the Series 2019-1 Notes would not, in and of itself and as of this time, result in the downgrade or withdrawal of the ratings assigned to any class of outstanding securities issued by the trust. The rating is based on the quality of the underlying credit card receivables, the expertise of CIBC as servicer, the transaction's legal and structural protections, including early amortization trigger events, the credit enhancement provided by the subordinate Class B Notes and Class C Notes in the 2019-1 series, and the likelihood of the sponsor becoming insolvent and shutting down its credit card portfolio.

  • New Strong Sell Stocks for June 5th
    Zackslast month

    New Strong Sell Stocks for June 5th

    Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today.

  • PR Newswirelast month

    Eni VP Andrew Lees to Keynote EnerCom's The Oil & Gas Conference® Aug. 14, 2019

    DENVER, June 5, 2019 /PRNewswire/ -- EnerCom is pleased to announce that global oil and gas giant Eni, SpA Vice President Andrew Lees will deliver the keynote luncheon address at EnerCom's The Oil & Gas Conference® on Aug. 14, 2019. Eni, SpA (NYSE:E) is an Italian global oil and gas and energy company operating in 67 countries worldwide, with 30,000 employees in upstream, midstream and downstream operations.

  • Canadian homeowners continue to cut back on home renovation spending in 2019: CIBC Poll
    CNW Grouplast month

    Canadian homeowners continue to cut back on home renovation spending in 2019: CIBC Poll

    TORONTO , June 4, 2019 /CNW/ - CIBC poll (CM:TSX) (CM:NYSE) – While nearly half (49 per cent) of Canadians plan to renovate their home this year, spending on renovations continued to decline in 2019, falling to about $10,000 -- its lowest in six years—finds the annual CIBC Home Renovations Poll. "Home renovation season is upon us again and while Canadians are moderating their spending, the majority tell us they are not preparing a budget, despite the risk of overspending," said Kathleen Woodard, Senior Vice President, Personal and Small Business Banking at CIBC.

  • Moody's2 months ago

    Zeus Receivables Trust -- Moody's Canadian ABCP activity for the week ended May 31, 2019

    Moody's has reviewed the following ABCP programs in conjunction with the proposed additions and amendment. At this time the additions and amendment, in and of themselves, will not result in any rating impact on the respective program's ABCP. Moody's does not believe they will have an adverse effect on the credit quality of the securities such that the Moody's rating is impacted.

  • CNW Group2 months ago

    CIBC Receives TSX Approval for Normal Course Issuer Bid

    TORONTO , May 31, 2019 /CNW/ - CIBC (TSX/NYSE: CM) announced today that the Toronto Stock Exchange (TSX) has accepted notice of CIBC's intention to make a normal course issuer bid (NCIB).  On May 22, 2019 , CIBC announced its intention to seek TSX approval for a new NCIB. This approval would permit CIBC to purchase for cancellation from time to time up to nine million common shares, representing approximately 2% of CIBC's 444,750,528 issued and outstanding common shares as of May 22 , 2019.  The average daily trading volume for the six months ended April 30, 2019 and the maximum amount of common shares that could be purchased each day, calculated pursuant to the rules of the TSX for the purposes of the NCIB, were 1,517,915 and 379,478 common shares, respectively.

  • Bank of Montreal (BMO) Down 3.3% Despite Higher Q2 Earnings
    Zacks2 months ago

    Bank of Montreal (BMO) Down 3.3% Despite Higher Q2 Earnings

    Bank of Montreal's (BMO) Q2 earnings benefit from improved revenues and strong loan growth, while rise in costs acts as major headwind.

  • Moody's2 months ago

    Cards II Trust, Series 2019-1 -- Moody's assigns provisional rating to CARDS II Trust 2019-1 Notes

    Moody's Investors Service (Moody's) has assigned a provisional (P)Aaa (sf) rating to the Class A Notes of the Series 2019-1 to be issued by CARDS II Trust (the trust), sponsored by Canadian Imperial Bank of Commerce (CIBC, long-term deposits/long-term senior unsecured Aa2 stable, long-term CR assessment Aa2 (cr), short-term deposit P-1, and BCA a3). The rating is based on the quality of the underlying credit card receivables, the expertise of CIBC as servicer, the transaction's legal and structural protections, including early amortization trigger events, the credit enhancement provided by the subordinate Class B Notes and Class C Notes in the 2019-1 series, and the likelihood of the sponsor becoming insolvent and shutting down its credit card portfolio.

  • Scotia Bank's (BNS) Q2 Earnings Impress on Higher Revenues
    Zacks2 months ago

    Scotia Bank's (BNS) Q2 Earnings Impress on Higher Revenues

    The Bank of Nova Scotia's (BNS) second-quarter fiscal 2019 (ended Apr 30) earnings reflect higher revenues, its solid capital levels and elevated expenses.

  • PR Newswire2 months ago

    Continental Petroleum Chairman Harold Hamm to Keynote EnerCom's The Oil & Gas Conference® Tues. Aug. 13, 2019

    DENVER, May 29, 2019 /PRNewswire/ -- EnerCom is pleased to announce that legendary oilman Harold G. Hamm, chairman and CEO of Continental Resources (CLR), will take the stage for a discussion about U.S. shale and look at the prospects for U.S. oil and gas exploration in a "fireside chat" Tuesday, August 13, 2019, during EnerCom's The Oil & Gas Conference® in downtown Denver's Westin hotel.

  • CIBC to Issue NVCC Preferred Shares Series 51
    CNW Group2 months ago

    CIBC to Issue NVCC Preferred Shares Series 51

    TORONTO , May 24, 2019 /CNW/ - CIBC (TSX/NYSE: CM) today announced that it had entered into an agreement with a group of underwriters led by CIBC Capital Markets for an issue of 10 million Basel III-compliant Non-cumulative Rate Reset Class A Preferred Shares Series 51 (Non-Viability Contingent Capital (NVCC)) (the "Series 51 Shares") priced at $25.00 per Series 51 Share to raise gross proceeds of $250 million .