Brokers Set Expectations for CM FY2026 Earnings

Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) – Equities research analysts at National Bank Financial issued their FY2026 earnings per share (EPS) estimates for Canadian Imperial Bank of Commerce in a report released on Tuesday, November 19th. National Bank Financial analyst G. Dechaine expects that the bank will post earnings per share of $6.11 for the year. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $5.34 per share.

Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) last issued its earnings results on Thursday, August 29th. The bank reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.74 by $0.19. Canadian Imperial Bank of Commerce had a net margin of 10.66% and a return on equity of 13.50%. The company had revenue of $6.60 billion for the quarter, compared to analyst estimates of $6.28 billion. During the same quarter last year, the firm earned $1.14 EPS. The company’s revenue for the quarter was up 12.9% on a year-over-year basis.

A number of other analysts also recently weighed in on the stock. Bank of America upgraded shares of Canadian Imperial Bank of Commerce from a “neutral” rating to a “buy” rating in a research 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 research report on Friday, August 30th. StockNews.com cut shares of Canadian Imperial Bank of Commerce from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. Desjardins raised Canadian Imperial Bank of Commerce from a “hold” rating to a “moderate buy” rating in a research note on Friday, August 2nd. Finally, BMO Capital Markets boosted their target price on Canadian Imperial Bank of Commerce from $77.00 to $81.00 and gave the company an “outperform” rating in a research note on Friday, August 30th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Canadian Imperial Bank of Commerce presently has an average rating of “Hold” and an average price target of $81.00.

Canadian Imperial Bank of Commerce Trading Up 0.3 %

NYSE:CM opened at $65.43 on Thursday. The firm has a market capitalization of $61.80 billion, a price-to-earnings ratio of 12.85, a PEG ratio of 1.86 and a beta of 1.06. Canadian Imperial Bank of Commerce has a 1-year low of $37.97 and a 1-year high of $65.54. The business’s 50-day moving average price is $62.44 and its two-hundred day moving average price is $54.96. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.14.

Canadian Imperial Bank of Commerce Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 28th. Investors of record on Friday, September 27th were issued a dividend of $0.652 per share. The ex-dividend date was Friday, September 27th. This represents a $2.61 dividend on an annualized basis and a dividend yield of 3.99%. Canadian Imperial Bank of Commerce’s payout ratio is 52.46%.

Institutional Trading of Canadian Imperial Bank of Commerce

A number of institutional investors have recently modified their holdings of CM. Massmutual Trust Co. FSB ADV boosted its holdings 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 worth $56,000 after purchasing an additional 171 shares during the last quarter. PDS Planning Inc boosted its stake in shares of Canadian Imperial Bank of Commerce by 4.7% during the 3rd quarter. PDS Planning Inc now owns 4,978 shares of the bank’s stock worth $305,000 after buying an additional 224 shares during the last quarter. MML Investors Services LLC grew its holdings in shares of Canadian Imperial Bank of Commerce by 0.5% in the 3rd quarter. MML Investors Services LLC now owns 44,008 shares of the bank’s stock valued at $2,699,000 after acquiring an additional 237 shares in the last quarter. Simplicity Wealth LLC increased its position in shares of Canadian Imperial Bank of Commerce by 3.9% in the second quarter. Simplicity Wealth LLC now owns 6,448 shares of the bank’s stock valued at $307,000 after acquiring an additional 240 shares during the last quarter. Finally, Prospera Private Wealth LLC raised its holdings in Canadian Imperial Bank of Commerce by 3.2% during the third quarter. Prospera Private Wealth LLC now owns 10,486 shares of the bank’s stock worth $643,000 after acquiring an additional 330 shares in the last quarter. 49.88% of the stock is currently owned by institutional investors.

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.