Research Analysts Issue Forecasts for CM FY2026 Earnings

Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) – Equities researchers at Desjardins decreased their FY2026 earnings per share (EPS) estimates for shares of Canadian Imperial Bank of Commerce in a research note issued to investors on Tuesday, February 4th. Desjardins analyst D. Young now anticipates that the bank will earn $5.80 per share for the year, down from their prior forecast of $5.82. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $5.49 per share.

Several other equities research analysts have also recently commented on the stock. Royal Bank of Canada raised shares of Canadian Imperial Bank of Commerce from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from $97.00 to $103.00 in a research report on Wednesday, January 8th. StockNews.com upgraded Canadian Imperial Bank of Commerce from a “sell” rating to a “hold” rating in a report on Tuesday. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, Canadian Imperial Bank of Commerce has a consensus rating of “Moderate Buy” and a consensus target price of $92.00.

Canadian Imperial Bank of Commerce Stock Performance

Shares of CM opened at $61.81 on Friday. The firm has a market cap of $58.25 billion, a P/E ratio of 11.55, a PEG ratio of 1.66 and a beta of 1.05. Canadian Imperial Bank of Commerce has a twelve month low of $43.86 and a twelve month high of $67.45. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.05 and a current ratio of 1.05. The firm’s 50 day moving average price is $63.82 and its two-hundred day moving average price is $60.62.

Institutional Investors Weigh In On Canadian Imperial Bank of Commerce

Institutional investors and hedge funds have recently modified their holdings of the company. Squarepoint Ops LLC acquired a new stake in shares of Canadian Imperial Bank of Commerce during the 2nd quarter worth about $407,000. Sanctuary Advisors LLC bought a new stake in shares of Canadian Imperial Bank of Commerce during the second quarter worth approximately $326,000. Park Avenue Securities LLC grew its position in shares of Canadian Imperial Bank of Commerce by 43.5% in the third quarter. Park Avenue Securities LLC now owns 8,625 shares of the bank’s stock valued at $529,000 after purchasing an additional 2,615 shares during the last quarter. Atomi Financial Group Inc. increased its stake in shares of Canadian Imperial Bank of Commerce by 41.7% during the third quarter. Atomi Financial Group Inc. now owns 7,879 shares of the bank’s stock worth $483,000 after purchasing an additional 2,318 shares during the period. Finally, Perfromance Wealth Partners LLC acquired a new stake in Canadian Imperial Bank of Commerce during the 3rd quarter worth approximately $323,000. 49.88% of the stock is owned by institutional investors.

Canadian Imperial Bank of Commerce Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 28th. Investors of record on Friday, December 27th were issued a dividend of $0.6912 per share. This represents a $2.76 dividend on an annualized basis and a yield of 4.47%. This is an increase from Canadian Imperial Bank of Commerce’s previous quarterly dividend of $0.65. The ex-dividend date of this dividend was Friday, December 27th. Canadian Imperial Bank of Commerce’s payout ratio is presently 51.22%.

Canadian Imperial Bank of Commerce Company Profile

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.