Canadian Imperial Bank of Commerce (NYSE:CM – Free Report) (TSE:CM) – Equities research analysts at National Bank Financial cut their FY2025 earnings per share (EPS) estimates for Canadian Imperial Bank of Commerce in a research note issued on Thursday, December 5th. National Bank Financial analyst G. Dechaine now expects that the bank will earn $5.62 per share for the year, down from their previous estimate of $5.71. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $5.49 per share. National Bank Financial also issued estimates for Canadian Imperial Bank of Commerce’s Q4 2025 earnings at $1.36 EPS and FY2026 earnings at $6.12 EPS.
Several other equities analysts also recently commented on the company. Royal Bank of Canada reiterated a “sector perform” rating and issued a $97.00 price objective (up previously from $74.00) on shares of Canadian Imperial Bank of Commerce in a research note on Friday, December 6th. Bank of America raised shares of Canadian Imperial Bank of Commerce from a “neutral” rating to a “buy” rating in a report on Friday, August 30th. BMO Capital Markets boosted their target price on shares of Canadian Imperial Bank of Commerce from $77.00 to $81.00 and gave the company an “outperform” rating in a report on Friday, August 30th. Cormark raised shares of Canadian Imperial Bank of Commerce from a “hold” rating to a “moderate buy” rating in a report on Friday, August 30th. Finally, StockNews.com raised shares of Canadian Imperial Bank of Commerce from a “sell” rating to a “hold” rating in a report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $89.00.
Canadian Imperial Bank of Commerce Price Performance
Canadian Imperial Bank of Commerce stock opened at $66.48 on Monday. Canadian Imperial Bank of Commerce has a 12 month low of $42.59 and a 12 month high of $67.14. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.14. The business’s 50 day simple moving average is $63.19 and its 200 day simple moving average is $56.29. The company has a market cap of $62.80 billion, a price-to-earnings ratio of 12.43, a PEG ratio of 1.76 and a beta of 1.06.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Ridgewood Investments LLC bought a new position in Canadian Imperial Bank of Commerce in the second quarter valued at $29,000. BNP Paribas Financial Markets bought a new position in Canadian Imperial Bank of Commerce in the third quarter valued at $44,000. Blue Trust Inc. increased its stake in Canadian Imperial Bank of Commerce by 571.6% in the third quarter. Blue Trust Inc. now owns 732 shares of the bank’s stock valued at $45,000 after acquiring an additional 623 shares during the last quarter. Whittier Trust Co. of Nevada Inc. purchased a new stake in Canadian Imperial Bank of Commerce during the second quarter valued at about $51,000. Finally, Massmutual Trust Co. FSB ADV boosted its position in Canadian Imperial Bank of Commerce by 23.1% during the third quarter. Massmutual Trust Co. FSB ADV now owns 911 shares of the bank’s stock valued at $56,000 after buying an additional 171 shares during the period. Institutional investors own 49.88% of the company’s stock.
Canadian Imperial Bank of Commerce Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 28th. Investors of record on Friday, December 27th will be paid a $0.6912 dividend. This represents a $2.76 dividend on an annualized basis and a yield of 4.16%. The ex-dividend date of this dividend is Friday, December 27th. This is a boost from Canadian Imperial Bank of Commerce’s previous quarterly dividend of $0.65. Canadian Imperial Bank of Commerce’s dividend payout ratio is currently 53.46%.
About Canadian Imperial Bank of Commerce
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.
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