93.32 -0.05 (-0.05%)
After hours: 4:11PM EDT
|Bid||0.00 x 800|
|Ask||98.45 x 900|
|Day's Range||92.88 - 93.47|
|52 Week Range||83.02 - 100.01|
|PE Ratio (TTM)||11.25|
|Forward Dividend & Yield||4.07 (4.43%)|
|1y Target Est||98.31|
Meanwhile, it was a busy week in wealth management news. Charlie Johnston, the former CEO of Smith Barney and president of Morgan Stanley Smith Barney, joined the board of $10-billion-AUM Steward Partners Global Advisory. The Washington, D.C.-based independent hybrid firm is largely made up of Smith Barney veterans, noted one of them, Steward CEO Jim Gold.
Four expert panels will bring latest intel to the 2018 EnerCom conference DENVER , Aug. 9, 2018 /PRNewswire/ -- The 23 rd annual EnerCom conference will deliver the best of the industry to the Denver Downtown ...
Moody's Investors Service, ("Moody's") today affirmed the A1 issuer and deposit ratings of CIBC Mellon Trust Company (CMT), its a2 baseline credit assessment (BCA) and a1 adjusted BCA. At the ...
After snapping up a large RIA and a private bank, CIBC’s U.S. wealth management business plans to double its $52 billion of assets under management in the next five to eight years. “I believe we’re one of the best growth stories in the space,” says John Markwalter Jr., chair and CEO of CIBC Private Wealth Management. The business currently has 135 of what it calls relationship managers, and Markwalter figures the headcount will grow by 30% to 40% within five years.
The rating was upgraded to align the rating of this transaction with the current rating of Canadian Imperial Bank of Commerce (CIBC) (Moody's senior unsecured (foreign) debt rating at Aa2, stable outlook). On July 16, 2018 Moody's upgraded the long-term ratings of various Canadian banks and their affiliates, including CIBC. Please see Moody's rating action "Moody's takes actions on Canadian banks following the Banks methodology update", which is available at https://www.moodys.com/research/--PR_385054 for more information on these rating actions.
Moody's Investors Service ("Moody's) has taken various rating actions on the deposits, long-term debt and Counterparty Risk Assessments (CRAs) of The Toronto-Dominion Bank (TD), Bank of Montreal (BMO), ...
For a decade, Bank of Montreal executives eyed with envy Chicago’s bustling corner of West Washington Street and North Wacker Drive.
TORONTO , June 28, 2018 /CNW/ - CIBC (CM:TSX) (CM:NYSE) -- A new CIBC poll finds that Canadians who earn reward points on their credit card say points are 'as good as cash', yet most (64 per cent) don't think of them as a financial asset and risk missing opportunities to save money or pay down debt.
CIBC Atlantic Trust Private Wealth Management becomes CIBC Private Wealth Management TORONTO and CHICAGO , June 25, 2018 /PRNewswire/ -- CIBC (TSX: CM) (NYSE: CM) announced today that CIBC Atlantic Trust ...
Shares of Canadian Imperial Bank of Commerce (TSE:CM) will begin trading ex-dividend in 2 days. To qualify for the dividend check of CA$1.33 per share, investors must have owned theRead More...
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health toRead More...
A year after buying Chicago-based PrivateBank in its biggest ever acquisition, Canadian Imperial Bank of Commerce’s U.S. foray is already exceeding its expectations. CIBC’s U.S. head Larry Richman -- the veteran Chicago banking executive who migrated with the $5 billion acquisition completed in June 2017 -- said he’s driving a “strong and steady" expansion under the wings of Canada’s fifth-largest lender by assets. “We feel like we’ve got some major things to accomplish," Richman, 66, said in an interview from his personal conference room at CIBC’s newly adopted U.S. headquarters in Chicago.
CIBC earns one of the top overall scores in mobile banking functionality and user experience
NEW YORK, June 01, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Seaspan ...
Moody's Investors Service ("Moody's") has assigned a Prime-1 (sf) rating to ABCP issued by STABLE Trust ("STABLE") The complete rating actions are as follows: Issuer: STABLE Trust, ...
TORONTO , May 31, 2018 /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 23, 2018 , 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 444,819,584 issued and outstanding common shares as of May 22, 2018 . The average daily trading volume for the six months ended April 30, 2018 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 1,316,709 and 329,177 common shares, respectively.