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. It offers checking, savings, agriculture, and business accounts; mortgages; business, car, education, home, and other loans; lines of credit, business lines of credit, and agriculture loans; and cash management, small business financing, and overdraft protection services. The company also provides investment and insurance services; healthcare banking; credit cards; private banking, wealth planning, investment management, and estate planning and trust; and ATMs, as well as mobile, online, and global money and wire transfer services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.
Financial Resilience | CM's robust performance, exceeding analyst expectations with 15.72% revenue growth and 13% ROE, showcases its adaptability in a challenging economic landscape |
Strategic Capital Moves | Explore CM's proactive approach to shareholder value, including a 53-year dividend streak and the strategic Normal Course Issuer Bid for potential share repurchases |
Market Dynamics | Delve into CM's position among Canada's "Big 6" banks, balancing its status as 2024's top performer against challenges in residential lending growth |
Future Prospects | Analyst price targets range from CAD 77 to $97, reflecting varied outlooks on CM's ability to navigate consumer delinquencies and capitalize on potential interest rate shifts |
Metrics to compare | CM | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipCMPeersSector | |
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P/E Ratio | 12.5x | 13.0x | 9.7x | |
PEG Ratio | 0.59 | 0.51 | 0.03 | |
Price/Book | 1.6x | 1.1x | 1.0x | |
Price / LTM Sales | 3.7x | 3.4x | 2.9x | |
Upside (Analyst Target) | 3.5% | 0.9% | 9.9% | |
Fair Value Upside | Unlock | −0.5% | 1.4% | Unlock |