83.59 +0.15 (0.18%)
After hours: 4:26PM EDT
|Bid||83.48 x 900|
|Ask||83.50 x 800|
|Day's Range||83.22 - 83.93|
|52 Week Range||72.96 - 89.91|
|Beta (3Y Monthly)||1.20|
|PE Ratio (TTM)||9.53|
|Forward Dividend & Yield||4.35 (5.22%)|
|1y Target Est||98.31|
Is Canadian Imperial Bank of Commerce (TSE:CM) a good dividend stock? How can we tell? Dividend paying companies with...
The US and China reached a truce in their trade war on Friday after Washington agreed a limited deal that will see the US hold off on tariff increases next week in exchange for some Chinese concessions, ...
How do we determine whether Canadian Imperial Bank of Commerce (NYSE:CM) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend immense amounts of time and resources studying companies. They may not always be right (no one is), but […]
Moody's has reviewed the following ABCP programs in conjunction with the proposed amendments. At this time the amendments, 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 ratings are impacted.
TORONTO , Oct. 7, 2019 /CNW/ - CIBC (CM) (CM) employees, families and friends raised an estimated $3 million yesterday for the 28th annual Canadian Cancer Society CIBC Run for the Cure. With a shared purpose to create a future without breast cancer, 15,000 members of Team CIBC proudly came together with thousands of Canadians, many of those impacted by the disease. "Team CIBC is passionate about uniting with Canadians to make breast cancer beatable.
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Canada’s trade gap narrowed on a gain in energy and aircraft shipments, though overall export volumes continued to decline, clouding the picture on an otherwise better-than-expected result.The nation posted a C$955 million ($716 million) trade deficit in August, from a revised C$1.38 billion in July, Statistics Canada said Friday in Ottawa. The result surprised to the upside, beating economist expectations for a C$1.2 billion deficit.Canadian shipments have stabilized this year after suffering a harsh end to 2018 on weak oil exports. Still, exports on a volume basis, which strip out price effects, have struggled in recent months, and are down 1.4% since peaking in May. Economists expect the country’s output growth to slow to 1.5% in the third quarter, partly on global trade tensions, after a 3.7% expansion in the prior period.“While the headline was slightly better than consensus and have short-end yields in Canada a touch higher, the details were somewhat softer,” Royce Mendes, an economist at CIBC in Toronto, said in a note to clients. While two-way trade was up because of the gain in exports, “the details suggest that might not mean all that much for August GDP,” he said. Total exports increased 1.8% in August after falling for two consecutive months. Shipments of business jets to the U.S. led gains in aircraft trade, while higher crude oil prices drove energy product exports. On a volume basis, exports dropped 0.2%.Metal and non-metallic mineral shipments were the largest contributor to the 1% gain in imports in August. Gold imports reached the highest level in more than two years, reflecting an increase in asset acquisitions by Canadian companies. In volume terms, imports rose 1.2%.The currency pared gains after the report, and was trading 0.2% higher at C$1.3308 against its U.S. counterpart at 8:40 a.m. Toronto time. Two-year government bond yields rose 1 basis point to 1.43%.Canada’s trade surplus with the U.S., its main trading partner, widened to C$4.9 billion in August as export gains outpaced imports. Exports to China expanded despite disruptions to commerce between the two countries amid a diplomatic dispute involving the arrest of a top Huawei Technologies executive on a U.S. extradition request.July’s trade deficit was revised to C$1.38 billion, after an initially reported shortfall of C$1.12 billion, the statistics agency said.\--With assistance from Erik Hertzberg.To contact the reporter on this story: Shelly Hagan in Ottawa at firstname.lastname@example.orgTo contact the editors responsible for this story: Theophilos Argitis at email@example.com, Chris FournierFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
CHICAGO, Sept. 27, 2019 /PRNewswire/ - CIBC marked the grand opening of its newest banking center in Chicago's Little Village neighborhood with a ribbon cutting celebration attended by City officials and CIBC bank representatives. "We have been a part of the Little Village community for many years, particularly supporting small businesses and their growth ambitions," Al Adams, Head of US Community Banking at CIBC, said at the event on September 19, 2019.
TORONTO , Sept. 26, 2019 /CNW/ - With summer vacation in the rearview mirror, many Canadian entrepreneurs may be asking: "what vacation?" The new CIBC SmartBanking™ for Business Survey of 1,005 business owners across the country reveals that four-in-10 (39 per cent) have taken little or no vacation time in 2019 and life for many has become more stressful with less leisure time since starting a business.
TORONTO , Sept. 25, 2019 /CNW/ - A new CIBC poll finds that 77 per cent of Canadians are worried about having enough money in retirement, and many do not have a financial plan. To help Canadians gain confidence about their retirement finances, CIBC will be hosting seminars in communities across the country to provide helpful advice to both clients and the general public.
DENVER , Sept. 20, 2019 /PRNewswire/ - CIBC (NYSE: CM) (TSX: CM) today announced there will be no constituent additions or deletions to the CIBC Atlas Clean Energy Index following the September 20, 2019 ...
Media Advisory - CIBC's Victor Dodig to Speak at the CIBC 18th Annual Eastern Institutional Investor Conference
Media Advisory - Over 65 leading Canadian companies to present at CIBC's Eastern Institutional Investor Conference
TORONTO , Sept. 12, 2019 /CNW/ - CIBC (CM) (CM) today became the first major Canadian bank to offer a credit card feature that allows clients to convert purchases of $250 or more into installment plans, spreading out payments over a fixed term at a lower annual interest rate. Available on most CIBC personal credit cards, CIBC Pace It offers clients the flexibility of choosing different payment terms and rates while continuing to enjoy all the benefits of their current card, simply by converting a purchase amount to an installment plan online or in app. "We understand that spending can vary from month-to-month, particularly when you have large or unplanned purchases.
Media Advisory - CIBC's Jon Hountalas to speak at the 2019 Barclays Global Financial Services Conference
Further extends CIBC's wealth management business and deepens family office expertise CHICAGO , Sept. 3, 2019 /PRNewswire/ - CIBC (TSX: CM) (NYSE: CM) announced today that Lowenhaupt Global Advisors (LGA), ...
Higher revenues, and decent loan and deposit growth support Bank of Montreal's (BMO) fiscal Q3 earnings. However, increase in credit costs is a headwind.
The Bank of Nova Scotia's (BNS) third-quarter fiscal 2019 (ended Jul 31) earnings reflect higher revenues, its solid capital levels and elevated expenses.