CM: Canadian Imperial Bank of Commerce

Stock

About

Canadian Imperial Bank of Commerce is a financial institution, which engages in the provision of banking and wealth management services. It operates through the following segments: 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. The Canadian Personal and Business Banking segment provides financial advice, services, and solutions. The Canadian Commercial Banking and Wealth Management segment caters to middle-market companies, entrepreneurs, high-net-worth individuals, families, and asset management services to institutional investors. The U.S. Commercial Banking and Wealth Management segment includes provision of solution and services across the U.S., focusing on middle-market and mid-corporate companies, entrepreneurs, high-net-worth individuals, families, and operating personal and small business banking services in four U.S. markets. Capital Markets and Direct Financial Services segment consists of integrated global markets products and services, investment and corporate banking, and research. The Corporate and Other segment refers to the functional groups such as technology, infrastructure, innovation, risk management, people, culture and brand, finance and enterprise strategy, and other support groups. The company was founded on June 1, 1961 and is headquartered in Toronto, Canada.

Year Founded
1961
Employees
48,552
Sector
Financials
HQ Location
TORONTO, undefined

Current Value

$64.88

1 Year Return

$25.50
64.75%

Key Details

Market Cap

$60.82B

P/E Ratio

12.76

1Y Stock Return

65.54%

1Y Revenue Growth

22.46%

Dividend Yield

7.24%

Price to Book

1.6

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CM

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CM

News

SeekingAlpha

Investment activity in October focused on Business Development Companies. Check out my portfolio, my main picks, and my target for 2024.

Yahoo

(Bloomberg) -- Inflation in Canada rose by more than forecast and underlying price pressures reaccelerated, hiccups that may dissuade policymakers from a second straight 50 basis-point cut to interest rates next month.Most Read from BloombergParis to Replace Parking Spaces With TreesNew York’s Transit Agency Approves $9 Congestion TollIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftA Bug’s Eye View of Mexico City’s Modernist ArchitectureAmtrak Wins $300 Million to Fix Its Unre

Yahoo

Today, The Cognizant Classic in The Palm Beaches and CIBC announced the expansion of their partnership, signing a multi-year extension with the tournament. The Cognizant Classic in The Palm Beaches is South Florida's premier PGA TOUR event, returning to PGA National Resort's Champion Course, from February 26 to March 2, 2025. The expanded partnership for CIBC includes the title of official Private Wealth and Commercial Banking Partner of the event, entitlement rights to the Champions Club and th

Yahoo

(Bloomberg) -- Oil surged as simmering geopolitical tensions and the weakening dollar overshadowed bearish signals coming from internal market metrics.Most Read from BloombergNew York’s Transit Agency Approves $9 Congestion TollParis to Replace Parking Spaces With TreesIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye View of Mexico City’s Modernist ArchitectureWest Texas Intermediate rose 3.2% to settle

SeekingAlpha

Canadian Imperial, one of the big 6 Canadian banks, sent a massive $210 dividend the author's way. Click to read.

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Discover potential dividend growth opportunities with consistent earners and high yields - don't miss the new names on this month's list!

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