CM.TO - Canadian Imperial Bank of Commerce

Toronto - Toronto Delayed Price. Currency in CAD
103.58
+0.07 (+0.07%)
At close: 4:00PM EDT
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Previous Close103.51
Open103.59
Bid103.59 x 0
Ask103.60 x 0
Day's Range103.38 - 104.09
52 Week Range99.51 - 125.21
Volume635,406
Avg. Volume1,826,722
Market Cap46.055B
Beta (3Y Monthly)1.15
PE Ratio (TTM)9.12
EPS (TTM)11.36
Earnings DateAug 21, 2019 - Aug 26, 2019
Forward Dividend & Yield5.60 (5.46%)
Ex-Dividend Date2019-06-27
1y Target Est116.00
  • Thomson Reuters StreetEvents5 days ago

    Edited Transcript of CM.TO earnings conference call or presentation 22-May-19 12:00pm GMT

    Q2 2019 Canadian Imperial Bank of Commerce Earnings Call

  • CIBC to Issue NVCC Subordinated Debentures
    CNW Group6 days ago

    CIBC to Issue NVCC Subordinated Debentures

    CIBC to Issue NVCC Subordinated Debentures

  • CIBC Announces Conversion Privileges of NVCC Preferred Shares Series 39
    CNW Group6 days ago

    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 .

  • Markit8 days ago

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

    Canadian Imperial Bank of Commerce NYSE:CMView full report here! Summary * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort 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 flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold CM had net inflows of $1.42 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording 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, and is easing. Credit worthinessCredit default swapCDS 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.

  • Why Canadian Imperial Bank of Commerce (TSE:CM) Could Be Worth Watching
    Simply Wall St.11 days ago

    Why Canadian Imperial Bank of Commerce (TSE:CM) Could Be Worth Watching

    Canadian Imperial Bank of Commerce (TSE:CM) saw significant share price movement during recent months on the TSX...

  • PR Newswire13 days ago

    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 Group14 days ago

    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.

  • CNW Group18 days 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.

  • Upbeat Bank of Canada Pours Cold Water on Rate Cut Speculation
    Bloomberg20 days ago

    Upbeat Bank of Canada Pours Cold Water on Rate Cut Speculation

    In a decision Wednesday, policy makers in Ottawa left interest rates unchanged for a fifth straight time and continued to indicate they see no need to move borrowing costs anytime soon. Poloz has clung to the idea that his next step is probably higher, even as investors question the health of the global economy and bet the world’s central bankers are poised to cut in coming months. The Bank of Canada’s statement on Wednesday, for example, came amid a fresh bout of risk aversion in global markets on concern the trade war between the U.S. and China will escalate.

  • PR Newswire20 days 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 Group25 days 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 .

  • CNW Group25 days ago

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

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

  • Reuters26 days ago

    Loan growth drives profit beat at Royal Bank of Canada, TD Bank

    Two of Canada's largest lenders beat analysts' estimates for quarterly profits on Thursday, as strong loan growth boosted their retail banking businesses and interest income. But shares of both Royal Bank ...

  • Canadian Imperial Bank of Commerce (CM) Q2 2019 Earnings Call Transcript
    Motley Fool27 days ago

    Canadian Imperial Bank of Commerce (CM) Q2 2019 Earnings Call Transcript

    CM earnings call for the period ending April 30, 2019.

  • CIBC Misses Estimates as Mortgages, Net Interest Income Contract
    Bloomberg27 days ago

    CIBC Misses Estimates as Mortgages, Net Interest Income Contract

    CIBC is now seeing a contraction of its domestic mortgage book for the second straight quarter, with C$201 billion ($150 billion) in balances, down 1% from a year ago, as prices in once-hot markets such as Vancouver cool and tighter lending criteria affect borrowers. Key InsightsThree “big” non-performing commercial and corporate loans in different industries were blamed by CIBC executives for a spike in provisions in the fiscal first quarter. Provisions for the second quarter were C$255 million, compared with C$338 million in the previous three months and C$212 million a year earlier.National Bank of Canada analyst Gabriel Dechaine highlighted CIBC’s “unusual” mortgage trends in a May 12 note that suggested the bank should target more consistent growth patterns in this key area.

  • Reuters27 days ago

    CIBC posts marginal rise in profit on higher expenses, loan loss provisions

    Canadian Imperial Bank of Commerce reported a marginal rise in adjusted quarterly profit on Wednesday, as higher expenses and loan loss provisions in retail banking offset gains in the bank's capital markets ...

  • CIBC Announces New Normal Course Issuer Bid
    CNW Group27 days ago

    CIBC Announces New Normal Course Issuer Bid

    TORONTO , May 22, 2019 /CNW/ - CIBC (TSX/NYSE: CM) today announced its intention to seek Toronto Stock Exchange (TSX) approval for a normal course issuer bid. Purchases of common shares for cancellation will be made subject to CIBC's ongoing capital requirements. Such purchases will not exceed nine million common shares, or approximately 2% of its outstanding common shares over a 12 month period.

  • CIBC Declares Dividends for the Quarter Ending July 31, 2019
    CNW Group27 days ago

    CIBC Declares Dividends for the Quarter Ending July 31, 2019

    CIBC Declares Dividends for the Quarter Ending July 31, 2019

  • CIBC Announces Second Quarter 2019 Results
    CNW Group27 days ago

    CIBC Announces Second Quarter 2019 Results

    CIBC Announces Second Quarter 2019 Results

  • CIBC takes top spot in review of Canadian mobile banking apps
    CNW Grouplast month

    CIBC takes top spot in review of Canadian mobile banking apps

    CIBC takes top spot in review of Canadian mobile banking apps

  • PR Newswirelast month

    Registration is Open for 24TH Annual The Oil & Gas Conference® in Denver

    DENVER, May 14, 2019 /PRNewswire/ -- EnerCom, Inc. is pleased to announce that registration is open for the 24th annual edition of its popular The Oil & Gas Conference® in Denver, Colo. Conference Details: The Oil & Gas Conference® 24 offers investment professionals the opportunity to listen to senior management teams in the oil and gas industry present operational and financial strategies and to gain exposure to important energy topics affecting the global oil and gas industry.

  • CNW Grouplast month

    CIBC Asset Management announces portfolio management changes

    CIBC Asset Management announces portfolio management changes