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How to buy Canadian Imperial Bank Of Commerce stock (CM)

Buy Canadian Imperial Bank Of Commerce stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Canadian Imperial Bank Of Commerce is a banks - diversified business based in the US. Canadian Imperial Bank Of Commerce shares (CM) are listed on the NYSE and all prices are listed in US Dollars. Canadian Imperial Bank Of Commerce employs 47,774 staff and has a trailing 12-month revenue of around $21.7 billion.

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Canadian Imperial Bank Of Commerce stock price (NYSE: CM)

Use our graph to track the performance of CM stocks over time.

Canadian Imperial Bank Of Commerce shares at a glance

Information last updated 2024-07-07.
Latest market close$48.27
52-week range$32.97 - $50.17
50-day moving average $48.37
200-day moving average $45.02
Wall St. target price$48.29
PE ratio 10.0563
Dividend yield $3.54 (5.45%)
Earnings per share (TTM) $4.80

Is it a good time to buy Canadian Imperial Bank Of Commerce stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Canadian Imperial Bank Of Commerce price performance over time

Historical closes compared with the close of $48.27 from 2024-07-05

1 week (2024-07-01) 2.09%
1 month (2024-06-07) -1.47%
3 months (2024-04-08) -3.81%
6 months (2024-01-08) 0.63%
1 year (2023-07-07) 14.87%
2 years (2022-07-08) -1.55%
3 years (2021-07-08) 112.02
5 years (2019-07-08) 71.06

Is Canadian Imperial Bank Of Commerce stock undervalued or overvalued?

Valuing Canadian Imperial Bank Of Commerce stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Canadian Imperial Bank Of Commerce's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Canadian Imperial Bank Of Commerce's P/E ratio

Canadian Imperial Bank Of Commerce's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Canadian Imperial Bank Of Commerce shares trade at around 10x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Canadian Imperial Bank Of Commerce's PEG ratio

Canadian Imperial Bank Of Commerce's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.1867. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Canadian Imperial Bank Of Commerce's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Canadian Imperial Bank Of Commerce financials

Revenue TTM $21.7 billion
Operating margin TTM 38.04%
Gross profit TTM $21.3 billion
Return on assets TTM 0.66%
Return on equity TTM 11.92%
Profit margin 29.26%
Book value $55.79
Market Capitalization $45.5 billion

TTM: trailing 12 months

Canadian Imperial Bank Of Commerce share dividends

40%

Dividend payout ratio: 39.78% of net profits

Recently Canadian Imperial Bank Of Commerce has paid out, on average, around 39.78% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.45% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Canadian Imperial Bank Of Commerce shareholders could enjoy a 5.45% return on their shares, in the form of dividend payments. In Canadian Imperial Bank Of Commerce's case, that would currently equate to about $3.54 per share.

While Canadian Imperial Bank Of Commerce's payout ratio might seem fairly standard, it's worth remembering that Canadian Imperial Bank Of Commerce may be investing much of the rest of its net profits in future growth.

Canadian Imperial Bank Of Commerce's most recent dividend payout was on 28 July 2024. The latest dividend was paid out to all shareholders who bought their shares by 27 June 2024 (the "ex-dividend date").

Have Canadian Imperial Bank Of Commerce's shares ever split?

Canadian Imperial Bank Of Commerce's shares were split on a 2:1 basis on 15 May 2022. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Canadian Imperial Bank Of Commerce shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Canadian Imperial Bank Of Commerce shares which in turn could have impacted Canadian Imperial Bank Of Commerce's share price.

Canadian Imperial Bank Of Commerce share price volatility

Over the last 12 months, Canadian Imperial Bank Of Commerce's shares have ranged in value from as little as $32.9714 up to $50.1707. A popular way to gauge a stock's volatility is its "beta".

CM.US volatility(beta: 1.11)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Canadian Imperial Bank Of Commerce's is 1.105. This would suggest that Canadian Imperial Bank Of Commerce's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Canadian Imperial Bank Of Commerce overview

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, and business accounts; mortgages; business, car, and other loans; lines of credit, student lines of credit, and agriculture loans; and small business financing and overdraft protection services. The company also provides investment and insurance services; credit cards; 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.

Frequently asked questions

What percentage of Canadian Imperial Bank Of Commerce is owned by insiders or institutions?
Currently 0.026% of Canadian Imperial Bank Of Commerce shares are held by insiders and 51.489% by institutions.
How many people work for Canadian Imperial Bank Of Commerce?
Latest data suggests 47,774 work at Canadian Imperial Bank Of Commerce.
When does the fiscal year end for Canadian Imperial Bank Of Commerce?
Canadian Imperial Bank Of Commerce's fiscal year ends in October.
Where is Canadian Imperial Bank Of Commerce based?
Canadian Imperial Bank Of Commerce's address is: CIBC Square, Toronto, ON, Canada, M5J 0E7
What is Canadian Imperial Bank Of Commerce's ISIN number?
Canadian Imperial Bank Of Commerce's international securities identification number is: CA1360691010
What is Canadian Imperial Bank Of Commerce's CUSIP number?
Canadian Imperial Bank Of Commerce's Committee on Uniform Securities Identification Procedures number is: 136069101

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