Canadian Imperial Bank of Commerce (NYSE:CM – Free Report) (TSE:CM) – Research analysts at National Bank Financial reduced their FY2025 EPS estimates for shares of Canadian Imperial Bank of Commerce in a research note issued to investors on Thursday, December 5th. National Bank Financial analyst G. Dechaine now anticipates 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 $5.51 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.
A number of other equities research analysts have also commented on the company. Bank of America upgraded Canadian Imperial Bank of Commerce from a “neutral” rating to a “buy” rating in a research report on Friday, August 30th. Royal Bank of Canada reissued a “sector perform” rating and set a $97.00 target price (up previously from $74.00) on shares of Canadian Imperial Bank of Commerce in a research report on Friday. BMO Capital Markets raised their price target on shares of Canadian Imperial Bank of Commerce from $77.00 to $81.00 and gave the stock an “outperform” rating in a report on Friday, August 30th. StockNews.com raised shares of Canadian Imperial Bank of Commerce from a “sell” rating to a “hold” rating in a research note on Friday. Finally, Cormark raised shares of Canadian Imperial Bank of Commerce from a “hold” rating to a “moderate buy” rating in a research note on Friday, August 30th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, Canadian Imperial Bank of Commerce has a consensus rating of “Moderate Buy” and an average target price of $89.00.
Canadian Imperial Bank of Commerce Stock Performance
Shares of Canadian Imperial Bank of Commerce stock opened at $66.66 on Monday. The stock has a market cap of $62.97 billion, a price-to-earnings ratio of 12.46, a P/E/G ratio of 1.67 and a beta of 1.06. Canadian Imperial Bank of Commerce has a twelve month low of $42.28 and a twelve month high of $67.14. The company’s fifty day moving average is $63.10 and its 200 day moving average is $56.16. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.14.
Institutional Investors Weigh In On Canadian Imperial Bank of Commerce
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Ridgewood Investments LLC bought a new position in shares of Canadian Imperial Bank of Commerce in the 2nd quarter worth $29,000. BNP Paribas Financial Markets acquired a new position in Canadian Imperial Bank of Commerce during the third quarter worth $44,000. Blue Trust Inc. grew its holdings in shares of Canadian Imperial Bank of Commerce by 571.6% during the third quarter. Blue Trust Inc. now owns 732 shares of the bank’s stock valued at $45,000 after buying an additional 623 shares during the last quarter. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of Canadian Imperial Bank of Commerce during the second quarter valued at about $51,000. Finally, Massmutual Trust Co. FSB ADV raised its holdings in shares of Canadian Imperial Bank of Commerce by 23.1% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 911 shares of the bank’s stock worth $56,000 after acquiring an additional 171 shares during the last quarter. 49.88% of the stock is owned by institutional investors.
Canadian Imperial Bank of Commerce Increases Dividend
The business 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 dividend of $0.6912 per share. The ex-dividend date is Friday, December 27th. This is a positive change from Canadian Imperial Bank of Commerce’s previous quarterly dividend of $0.65. This represents a $2.76 annualized dividend and a yield of 4.15%. Canadian Imperial Bank of Commerce’s dividend payout ratio is currently 49.91%.
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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