Canadian Imperial Bank of Commerce (CM) Stock Overview
A diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
No risks detected for CM from our risk checks.
CM Community Fair Values
Create NarrativeSee what 154 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Canadian Imperial Bank of Commerce Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$151.77 |
| 52 Week High | CA$154.25 |
| 52 Week Low | CA$88.87 |
| Beta | 1.3 |
| 1 Month Change | 6.39% |
| 3 Month Change | 14.16% |
| 1 Year Change | 70.37% |
| 3 Year Change | 165.89% |
| 5 Year Change | 127.80% |
| Change since IPO | 3,880.85% |
Recent News & Updates
Narrative Update • May 08
CM: Future Earnings Will Reflect Capital Markets Strength And Cybersecurity Execution
The analyst price target for Canadian Imperial Bank of Commerce has been revised higher to CA$144.89 from CA$142.96. Analysts attribute the change to stronger recent results across key business segments, higher Street targets in the CA$135 to CA$158 range, and updated assumptions for the discount rate and future P/E.Narrative Update • Apr 19
CM: Future Earnings Will Reflect Capital Markets Strength And Credit Discipline
Analysts have lifted Canadian Imperial Bank of Commerce price targets into a CA$135 to CA$158 range, citing Q1 results that exceeded consensus, stronger than anticipated performance in key banking segments, and refreshed longer term estimates across the Canadian bank group. Analyst Commentary Recent research updates point to a cluster of higher price targets on Canadian Imperial Bank of Commerce, with most sitting in the mid CA$130s to high CA$150s range.Narrative Update • Apr 05
CM: Future Earnings Will Reflect Credit Costs And Capital Markets Consistency
Analysts have slightly increased the average CA$ fair value estimate for Canadian Imperial Bank of Commerce to about CA$143, supported by a series of recent price target increases into the CA$141 to CA$158 range following Q1 results that they describe as stronger than anticipated across several core businesses. Analyst Commentary Recent research updates on Canadian Imperial Bank of Commerce center on higher fair value estimates, with several firms lifting their price targets following Q1 results that were described as stronger than anticipated in key businesses such as Capital Markets and Canadian Personal & Business Banking.Recent updates
Narrative Update • May 08
CM: Future Earnings Will Reflect Capital Markets Strength And Cybersecurity Execution
The analyst price target for Canadian Imperial Bank of Commerce has been revised higher to CA$144.89 from CA$142.96. Analysts attribute the change to stronger recent results across key business segments, higher Street targets in the CA$135 to CA$158 range, and updated assumptions for the discount rate and future P/E.Narrative Update • Apr 19
CM: Future Earnings Will Reflect Capital Markets Strength And Credit Discipline
Analysts have lifted Canadian Imperial Bank of Commerce price targets into a CA$135 to CA$158 range, citing Q1 results that exceeded consensus, stronger than anticipated performance in key banking segments, and refreshed longer term estimates across the Canadian bank group. Analyst Commentary Recent research updates point to a cluster of higher price targets on Canadian Imperial Bank of Commerce, with most sitting in the mid CA$130s to high CA$150s range.Narrative Update • Apr 05
CM: Future Earnings Will Reflect Credit Costs And Capital Markets Consistency
Analysts have slightly increased the average CA$ fair value estimate for Canadian Imperial Bank of Commerce to about CA$143, supported by a series of recent price target increases into the CA$141 to CA$158 range following Q1 results that they describe as stronger than anticipated across several core businesses. Analyst Commentary Recent research updates on Canadian Imperial Bank of Commerce center on higher fair value estimates, with several firms lifting their price targets following Q1 results that were described as stronger than anticipated in key businesses such as Capital Markets and Canadian Personal & Business Banking.Narrative Update • Mar 22
CM: Future Earnings Balance Will Hinge On Credit Costs And Capital Markets Performance
The analyst price target for Canadian Imperial Bank of Commerce has moved slightly to CA$143.75 from CA$143.97, reflecting a series of recent Street target increases that cite stronger than expected Q1 results, improving profitability metrics, and updated longer term earnings estimates across the Canadian bank group. Analyst Commentary Recent Street research on Canadian Imperial Bank of Commerce has been active, with several firms updating targets and views around the latest Q1 print and longer term earnings estimates.Narrative Update • Mar 06
CM: Future Earnings Balance Will Hinge On Credit Costs And Capital Markets Execution
The updated analyst price target for Canadian Imperial Bank of Commerce now stands at about CA$144, up from around CA$132. Analysts point to Q1 results that exceeded consensus and stronger profitability assumptions, including higher profit margins and a slightly lower implied future P/E, as key supports for the change.Narrative Update • Feb 19
CM: Future Earnings Balance Will Hinge On Margins And Credit Quality Execution
The analyst price target for Canadian Imperial Bank of Commerce has been raised from CA$125.38 to CA$131.60. This reflects analysts' updated views that factor in higher modeled revenue growth, a slightly higher discount rate, a lower profit margin, and a higher future P/E multiple, supported by recent upgrades and target increases across several research firms.Narrative Update • Feb 05
CM: Net Interest Margins And Credit Costs Will Shape Future Earnings Balance
Narrative update The analyst price target for Canadian Imperial Bank of Commerce has been raised, with recent Street research moving targets to C$117, C$123, C$127 and most recently C$138, as analysts point to factors such as net interest margin trends and provisions for credit losses as key drivers in their updated views. Analyst Commentary Recent research shows a series of higher price targets for Canadian Imperial Bank of Commerce, along with mixed views on how sustainable current drivers of earnings might be.Narrative Update • Jan 21
CM: Net Interest Margins And Credit Costs Will Drive Balanced Earnings Profile
Analysts have inched up their price targets on Canadian Imperial Bank of Commerce, lifting our fair value estimate from C$125.07 to C$125.38. They point to improved outlooks reflected in higher Street targets ranging from C$117 to C$138 and steady assumptions for growth, margins and future P/E.Narrative Update • Jan 07
CM: Net Interest Margins And Credit Costs Will Shape Balanced Earnings Outlook
The updated analyst price target for Canadian Imperial Bank of Commerce edges higher to about $125.07 from $124.88, reflecting analysts' refreshed views after several firms increased their C$ price targets and identified net interest margin trends and credit quality as key drivers. Analyst Commentary Recent research updates on Canadian Imperial Bank of Commerce point to a mixed but generally constructive view, with price targets across firms clustering in the C$117 to C$127 range and a blend of Outperform, Market Perform and Hold ratings.Narrative Update • Dec 22
CM: Net Interest Margins And Credit Costs Will Continue To Shape Earnings Outlook
The analyst price target for Canadian Imperial Bank of Commerce has been modestly raised to C$124.88 from C$122.57 as analysts factor in stronger revenue growth, slightly higher profit margins, and improving expectations around net interest margin sustainability and credit trends. Analyst Commentary Recent Street research reflects a generally constructive stance on Canadian Imperial Bank of Commerce, with a series of incremental price target increases and a mix of positive and more cautious views on the bank's earnings trajectory.Analysis Article • Dec 21
Canadian Imperial Bank of Commerce (TSE:CM) Is Increasing Its Dividend To CA$1.07
The board of Canadian Imperial Bank of Commerce ( TSE:CM ) has announced that it will be paying its dividend of CA$1.07...Narrative Update • Dec 08
CM: Net Interest Margins And Credit Costs Will Shape Earnings Outlook
Analysts have nudged their price target on Canadian Imperial Bank of Commerce higher, lifting fair value by roughly C$10 to about C$123 as they factor in resilient profit margins, a slightly lower risk profile, and supportive recent target hikes from the Street, despite moderating revenue growth expectations. Analyst Commentary Recent research updates reflect a generally constructive stance on Canadian Imperial Bank of Commerce, with multiple price target increases signaling improved confidence in the bank's earnings durability and balance sheet resilience, even as growth expectations normalize.Analysis Article • Dec 07
Canadian Imperial Bank of Commerce (TSE:CM) Is Increasing Its Dividend To CA$1.07
The board of Canadian Imperial Bank of Commerce ( TSE:CM ) has announced that it will be paying its dividend of CA$1.07...Narrative Update • Nov 23
CM: Net Interest Margin Momentum And Market Conditions Will Guide Near-Term Outlook
Analysts have modestly increased their price target for Canadian Imperial Bank of Commerce, raising it from C$110.01 to C$112.88. They cite continued momentum in net interest margins and positive recent quarterly results as reasons for this adjustment.Narrative Update • Nov 05
CM: Earnings Momentum and Higher Margins Are Expected to Sustain Fair Valuation
Analysts have recently raised their price targets on Canadian Imperial Bank of Commerce. Several firms have increased projections by C$5 to C$15, citing continued earnings outperformance and improving margins in both U.S. and Canadian divisions.Narrative Update • Oct 21
Analysts Raise Price Targets for CIBC Amid Strong Earnings and Valuation Adjustments
The analyst price target for Canadian Imperial Bank of Commerce has been raised by $1.60 to reflect improved earnings momentum. This change is supported by stronger-than-expected Q3 results and ongoing margin expansion, according to analysts.Narrative Update • Aug 29
Digital Banking Expansion And Capital Market Successes Will Strengthen Future Client Relationships
Upward revisions to Canadian Imperial Bank of Commerce's price target reflect stronger-than-expected fee and net interest income driving consistent outperformance, though some analysts remain cautious due to macroeconomic headwinds, resulting in a new consensus price target of CA$105.14. Analyst Commentary Better than expected fee income and net interest income drove earnings above consensus for CIBC in Q3, prompting upward price target revisions.
New Narrative • Dec 08
Leading Digital Banking Expansion And AI Innovation Will Boost Revenue Growth And Net Margins
Expansion in digital banking and AI investment is expected to boost revenue growth and improve net margins through cost efficiencies.Shareholder Returns
| CM | CA Banks | CA Market | |
|---|---|---|---|
| 7D | 1.4% | 1.7% | 2.3% |
| 1Y | 70.4% | 54.7% | 33.7% |
Return vs Industry: CM exceeded the Canadian Banks industry which returned 54.7% over the past year.
Return vs Market: CM exceeded the Canadian Market which returned 33.7% over the past year.
Price Volatility
| CM volatility | |
|---|---|
| CM Average Weekly Movement | 3.1% |
| Banks Industry Average Movement | 3.1% |
| Market Average Movement | 10.4% |
| 10% most volatile stocks in CA Market | 17.9% |
| 10% least volatile stocks in CA Market | 4.0% |
Stable Share Price: CM has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: CM's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1867 | 50,469 | Harry Culham | www.cibc.com |
Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; Capital Markets and Direct Financial Services; and Corporate and Other segments.
Canadian Imperial Bank of Commerce Fundamentals Summary
| CM fundamental statistics | |
|---|---|
| Market cap | CA$138.58b |
| Earnings (TTM) | CA$8.98b |
| Revenue (TTM) | CA$27.91b |
15.6x
P/E Ratio2.2x
P/B RatioIs CM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CM income statement (TTM) | |
|---|---|
| Revenue | CA$27.91b |
| Cost of Revenue | CA$0 |
| Gross Profit | CA$27.91b |
| Other Expenses | CA$18.94b |
| Earnings | CA$8.98b |
Last Reported Earnings
Jan 31, 2026
Next Earnings Date
May 28, 2026
| Earnings per share (EPS) | 9.75 |
| Gross Margin | 100.00% |
| Net Profit Margin | 32.16% |
| Debt/Equity Ratio | 455.7% |
How did CM perform over the long term?
See historical performance and comparisonDividends
2.8%
Current Dividend Yield41%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/11 15:51 |
| End of Day Share Price | 2026/05/11 00:00 |
| Earnings | 2026/01/31 |
| Annual Earnings | 2025/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Canadian Imperial Bank of Commerce is covered by 28 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Will Chien | Accountability Research Corporation |
| Lemar Persaud | ATB Cormark Historical (Cormark Securities) |
| John Aiken | Barclays |