CM.TO - Canadian Imperial Bank of Commerce

Toronto - Toronto Delayed Price. Currency in CAD
113.92
-0.28 (-0.25%)
At close: 4:00PM EST
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Previous Close114.20
Open114.01
Bid113.80 x 0
Ask114.06 x 0
Day's Range113.71 - 114.88
52 Week Range99.51 - 125.21
Volume1,282,330
Avg. Volume1,462,211
Market Cap50.48B
Beta (3Y Monthly)1.15
PE Ratio (TTM)9.78
EPS (TTM)11.65
Earnings DateFeb 28, 2019
Forward Dividend & Yield5.44 (4.80%)
Ex-Dividend Date2018-12-27
1y Target Est126.21
  • CNW Group10 hours ago

    CIBC Asset Management announces certain CIBC ETF cash distributions for February 2019

    CIBC Asset Management announces certain CIBC ETF cash distributions for February 2019

  • 7 in 10 women make significant financial sacrifices for the sake of others, new CIBC study finds
    CNW Group15 hours ago

    7 in 10 women make significant financial sacrifices for the sake of others, new CIBC study finds

    TORONTO , Feb. 21, 2019 /CNW/ - As many as seven in 10 (69 per cent) Canadian women make significant financial sacrifices including putting their careers on hold to care for loved ones, which can put them at a considerable disadvantage to men when it comes to saving for their retirement, a new CIBC study finds. In fact, almost 1 in 3 (30 per cent) women say they've reduced or stopped saving as a direct consequence of childcare or eldercare responsibilities.

  • CNW Group2 days ago

    CIBC Asset Management announces portfolio management changes

    CIBC Asset Management announces portfolio management changes

  • Canada's Job Market Surges on Record Private-Sector Hiring
    Bloomberg13 days ago

    Canada's Job Market Surges on Record Private-Sector Hiring

    Employment increased by 66,800 in January, Statistics Canada said Friday from Ottawa. Economists were forecasting only a 5,000 employment increase in January. Canada is currently in the middle of what economists believe is a temporary soft patch -- with growth hovering at around 1 percent.

  • Reuters16 days ago

    Canadian regulators may review terms of mortgage stress test

    Canada will consider changing the terms of a stress test designed to cut out risky mortgage lending if market conditions change, one of the country's top banking regulators said on Tuesday. The Office of the Superintendent of Financial Institutions, Canada's main financial regulator, introduced rules last January requiring banks to test borrowers' ability to repay mortgages at an interest rate 200 basis points above their contracted rate.

  • Reuters16 days ago

    Canada's banking regulator says mortgage stress test must be monitored

    Canada will monitor the terms of a stress test designed to cut out risky mortgage lending in light of rising interest rates, one of the country's top banking regulators said on Tuesday. "We understand that we need to monitor the effects of the stress test and interest rate changes," Carolyn Rogers, Assistant Superintendent at the Office of the Superintendent of Financial Institutions (OSFI), said following a speech.

  • CNW Group16 days ago

    Media Advisory - CIBC to Announce First Quarter 2019 Results on February 28, 2019

    Media Advisory - CIBC to Announce First Quarter 2019 Results on February 28, 2019

  • CNW Group17 days ago

    CIBC extends equity research distribution agreement with Kepler Cheuvreux

    CIBC extends equity research distribution agreement with Kepler Cheuvreux

  • What Did Canadian Imperial Bank of Commerce’s (TSE:CM) CEO Take Home Last Year?
    Simply Wall St.20 days ago

    What Did Canadian Imperial Bank of Commerce’s (TSE:CM) CEO Take Home Last Year?

    Want to help shape the future of investing tools? Participate in a short research study and receive a 6-month subscription to the award winning Simply Wall St research tool (valued Read More...

  • CNW Group23 days ago

    Retire or re-hire? 1 in 4 retired Canadians regret retiring and want to go back to work: CIBC Poll

    TORONTO , Jan. 30, 2019 /CNW/ - A new CIBC poll finds that more than a quarter (27 per cent) of retired Canadians regret retiring and an almost equal number (23 percent) have tried re-entering the labour market. While 59 per cent choose to return to work for the intellectual stimulation, 50 per cent say it's financial concerns that have them hitting the pavement. The poll also revealed that half of all Canadians would rather keep working past age 65 than retire and endure a lower standard of living.

  • PR Newswire27 days ago

    CIBC, Altus Properties Introduce CIBC Place

    ST. LOUIS , Jan. 25, 2019 /PRNewswire/ - CIBC and Altus Properties today introduced CIBC Place, the new name for the multi-tenant building at 1401 S. Brentwood Blvd., in St. Louis , formerly known as Magna ...

  • Germany ‘Would Not Mind’ Giving May an Extension: Brexit Update
    Bloomberg29 days ago

    Germany ‘Would Not Mind’ Giving May an Extension: Brexit Update

    In Brussels, the EU’s chief Brexit negotiator, Michel Barnier, has been talking about Ireland -- amid controversy over remarks on Tuesday from a European Commission spokesperson that there will be a hard border on the island if the U.K. leaves the bloc without a deal. Corbyn’s spokesman tells reporters at a briefing in Parliament that Labour is looking at “all mechanisms” to take no-deal off the table and will “engage seriously” with all options -- including Cooper’s proposal to extend the March 29 exit day deadline -- before deciding which to back.

  • CNW Grouplast month

    CIBC Announces Completion of Offering of NVCC Preferred Shares Series 49

    CIBC Announces Completion of Offering of NVCC Preferred Shares Series 49

  • Markitlast month

    See what the IHS Markit Score report has to say about Canadian Imperial Bank of Commerce.

    # Canadian Imperial Bank of Commerce ### NYSE:CM View full report here! ## Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is extremely low for CM with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CM. ## Money flow ETF/Index ownership | Negative ETF activity is negative and may be weakening. The net inflows of $1.75 billion over the last one-month into ETFs that hold CM are among the lowest of the last year and appear to be slowing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • CNW Grouplast month

    CIBC Asset Management launches exchange-traded funds

    CIBC Asset Management launches exchange-traded funds

  • CNW Grouplast month

    CIBC Asset Management launches CIBC Smart Investment Solutions for clients

    CIBC Asset Management launches CIBC Smart Investment Solutions for clients

  • CNW Grouplast month

    Top North American companies to present at CIBC's 22nd Annual Whistler Institutional Investor Conference

    Top North American companies to present at CIBC's 22nd Annual Whistler Institutional Investor Conference

  • CNW Grouplast month

    CIBC Announces Increase to NVCC Preferred Share Series 49 Issue

    TORONTO , Jan. 14, 2019 /CNW/ - CIBC (CM.TO) (CM) today announced that as a result of strong investor demand for its previously announced domestic public offering of Basel III-compliant Non-cumulative Rate Reset Class A Preferred Shares Series 49 (Non-Viability Contingent Capital (NVCC)) (the "Series 49 Shares"), the size of the offering has been increased to 13 million shares. The offering will be underwritten by a syndicate led by CIBC Capital Markets. The net proceeds from this transaction will be used for general purposes of CIBC.

  • CNW Grouplast month

    CIBC to Issue NVCC Preferred Shares Series 49

    TORONTO , Jan. 14, 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 49 (Non-Viability Contingent Capital (NVCC)) (the "Series 49 Shares") priced at $25.00 per Series 49 Share to raise gross proceeds of $250 million . CIBC has granted the underwriters an option to purchase up to an additional 2 million Series 49 Shares at the same offering price, exercisable at any time up to two days prior to closing.  Should the underwriters' option be fully exercised, the total gross proceeds of the financing will be $300 million . The Series 49 Shares will yield 5.20% per annum, payable quarterly, as and when declared by the Board of Directors of CIBC, for an initial period ending April 30 , 2024.  On April 30, 2024 , and on April 30 every five years thereafter, the dividend rate will reset to be equal to the then current five-year Government of Canada bond yield plus 3.31%.

  • With a key hire, Canadian bank enters commercial banking in Boston
    American City Business Journalslast month

    With a key hire, Canadian bank enters commercial banking in Boston

    Jed Hall, a former local KeyBank executive, has a track record of launching commercial lending operations in Boston.

  • Did Canadian Imperial Bank of Commerce (TSE:CM) Insiders Sell Shares?
    Simply Wall St.last month

    Did Canadian Imperial Bank of Commerce (TSE:CM) Insiders Sell Shares?

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. Unfortunately, there are also plenty of examples of share prices Read More...

  • Thomson Reuters StreetEventslast month

    Edited Transcript of CM.TO earnings conference call or presentation 29-Nov-18 1:00pm GMT

    Q4 2018 Canadian Imperial Bank of Commerce Earnings Call

  • CNW Grouplast month

    CIBC confirms participation in Air Canada's new loyalty program

    TORONTO , Jan. 10, 2019 /CNW/ - Following the close of Air Canada's acquisition of the Aeroplan loyalty business from Aimia Canada Inc., CIBC (CM:TSX) (CM:NYSE) confirmed today that it will be offering credit cards under Air Canada's new loyalty program which is expected to launch in 2020, allowing for a smooth transition for CIBC's Aeroplan cardholders to the new program. Air Canada also confirmed today that Aeroplan Members' Miles will be honoured on a one-to-one basis in Air Canada's new loyalty program.