CM.TO - Canadian Imperial Bank of Commerce

Toronto - Toronto Delayed Price. Currency in CAD
109.76
+0.07 (+0.06%)
At close: 4:00PM EST
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Previous Close109.69
Open109.90
Bid109.50 x 0
Ask109.87 x 0
Day's Range108.96 - 109.90
52 Week Range99.51 - 125.21
Volume400,947
Avg. Volume1,463,655
Market Cap48.611B
Beta (3Y Monthly)1.13
PE Ratio (TTM)9.42
EPS (TTM)11.65
Earnings DateFeb 20, 2019 - Feb 25, 2019
Forward Dividend & Yield5.44 (4.96%)
Ex-Dividend Date2018-12-27
1y Target Est127.40
  • CNW Group22 hours ago

    CIBC Asset Management launches CIBC Smart Investment Solutions for clients

    CIBC Asset Management launches CIBC Smart Investment Solutions for clients

  • CNW Group23 hours ago

    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

  • Bloomberg5 days ago

    Canada Postpones Trade Data Indefinitely on U.S. Shutdown

    Statistics Canada said Thursday the next trade report, due Feb. 5, won’t be published as scheduled. The delay will likely last until after the U.S. Census Bureau resumes normal operations. “Trade statistics without Canada’s exports to the U.S. have limited use as a current economic indicator, as these exports represent approximately 75 percent of Canada’s total exports,” the Ottawa-based agency said on its website.

  • Markit5 days ago

    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 * 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 | Neutral ETF activity is neutral. The net inflows of $4.09 billion over the last one-month into ETFs that hold CM are not among the highest of the last year and have been 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 Group8 days ago

    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 Group8 days ago

    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 Journals8 days ago

    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.10 days ago

    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 StreetEvents11 days ago

    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 Group12 days ago

    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.

  • Oil Slump Removes Urgency From Bank of Canada Rate-Hike Path
    Bloomberg13 days ago

    Oil Slump Removes Urgency From Bank of Canada Rate-Hike Path

    The Ottawa-based central bank left its overnight benchmark rate unchanged at 1.75 percent for a second straight decision Wednesday, citing a temporary slowdown that will create a modest amount of excess capacity and curb inflationary pressures. Weaker-than-expected consumption and housing activity also suggests the five hikes since mid-2017 may be having a stronger impact than expected, policy makers said. The marking down of the near-term economic outlook highlights how difficult it will be for Governor Stephen Poloz to continue his hiking path with one of the country’s key industries in crisis, particularly given how fragile global financial markets have been.

  • Markit13 days ago

    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 * 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 | Positive ETF activity is positive. Over the last month, growth of ETFs holding CM is favorable, with net inflows of $9.16 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. ## 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 Group20 days ago

    Media Advisory - CIBC's Victor Dodig to Speak at RBC's 2019 Canadian Bank CEO Conference

    Media Advisory - CIBC's Victor Dodig to Speak at RBC's 2019 Canadian Bank CEO Conference

  • CNW Group26 days ago

    Canadians say paying down debt is their top financial priority in 2019: CIBC Poll

    TORONTO , Dec. 27, 2018 /CNW/ - A new CIBC poll finds paying down debt is the No. 1 financial priority for Canadians heading into 2019, the ninth consecutive year debt repayment has topped the annual survey. "Debt weighs heavily on Canadians, so it's no surprise that Canadians continue to put debt concerns at the top of their list of priorities each year.

  • Interested In Canadian Imperial Bank of Commerce (TSE:CM)’s Upcoming CA$1.36 Dividend? You Have 4 Days Left
    Simply Wall St.last month

    Interested In Canadian Imperial Bank of Commerce (TSE:CM)’s Upcoming CA$1.36 Dividend? You Have 4 Days Left

    Investors who want to cash in on Canadian Imperial Bank of Commerce's (TSE:CM) upcoming dividend of CA$1.36 per share have only 4 days left to buy the shares before its Read More...

  • Hedge Funds Are Buying Canadian Imperial Bank of Commerce (CM)
    Insider Monkeylast month

    Hedge Funds Are Buying Canadian Imperial Bank of Commerce (CM)

    “October lived up to its scary reputation—the S&P 500 falling in the month by the largest amount in the last 40 years, the only worse Octobers being ’08 and the Crash of ’87. For perspective, there have been only 5 occasions in those 40 years when the S&P 500 declined by greater than 20% from […]

  • PR Newswirelast month

    CIBC announces no changes to the CIBC Atlas Clean Energy Index

    DENVER , Dec. 20, 2018 /PRNewswire/ - CIBC (NYSE: CM) (TSX: CM) today announced that the index rebalance after close of business on December 21, 2018 will result in no constituent additions or deletions ...

  • CNW Grouplast month

    Making spirits bright: $5.7 million raised on CIBC Miracle Day for children's charities around the world

    TORONTO , Dec. 18, 2018 /CNW/ - On December 5 , CIBC traders and investment advisors – together with clients, celebrities and partner charities - rallied to raise more than $5.7 million for children's charities as part of this year's CIBC Miracle Day. Every year on the first Wednesday in December, CIBC Capital Markets and Wood Gundy employees donate their fees and commissions to help kids around the world access vital support services and programs. "The incredible participation and support from our clients, team members and celebrities translates to helping thousands of kids," says Harry Culham , Senior Executive Vice-President and Group Head, Capital Markets, and Chair of the CIBC Children's Foundation.

  • ACCESSWIRElast month

    Today's Research Reports on Mosaic Capital, Inspira Financial, ECN Capital and Canadian Imperial Bank of Commerce

    NEW YORK, NY / ACCESSWIRE / December 17, 2018 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...

  • CIBC Miracle Day Opens the Market
    CNW Group2 months ago

    CIBC Miracle Day Opens the Market

    CIBC Miracle Day Opens the Market

  • CIBC is positive on the US dollar in the short term
    CNBC Videoslast month

    CIBC is positive on the US dollar in the short term

    Patrick Bennett of CIBC says the U.S. dollar will come under pressure in the longer term because America's fiscal deficit will start to weigh on the currency. The impulse from the tax cuts and fiscal spending will also wane, he says.