AllAnalyst Report
logoMorningstarOctober 11, 2022

Canadian Imperial Bank of Commerce: CIBC: Updating CAD/USD Exchange Rate, Leads to Slight Decline in Our USD FVE

Symbols
CM
Sector(s)
Financial Services
Rating
Current Price
$47.57
Fair Value
Economic Moat
Stewardship
Summary

Canadian Imperial Bank of Commerce is Canada's fifth-largest bank, operating three business segments: retail and business banking, wealth management, and capital markets. It serves approximately 11 mil

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Analyst Profile

Eric Compton

Equity Analyst
Eric Compton, CFA, is an equity analyst for Morningstar Research Services LLC, covering the U.S. and Canadian banking sectors, including the U.S. money center banks, U.S. regional banks, and the Big Six Canadian banks.Before joining Morningstar in 2015, Compton was a business analyst for ESIS, a global provider of risk management products and a subsidiary of ACE Group. Compton holds a bachelor's degree in applied health science from Wheaton College. He has passed all three levels of the Chartered Financial Analyst® program and holds the Chartered Financial Analyst® designation.