National Bank Financial Predicts TSE:CM FY2025 Earnings

Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) – Investment analysts at National Bank Financial raised their FY2025 earnings per share (EPS) estimates for shares of Canadian Imperial Bank of Commerce in a research report issued on Tuesday, November 19th. National Bank Financial analyst G. Dechaine now anticipates that the company will earn $7.93 per share for the year, up from their previous forecast of $7.75. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $6.41 per share. National Bank Financial also issued estimates for Canadian Imperial Bank of Commerce’s FY2026 earnings at $8.49 EPS.

Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) last posted its quarterly earnings results on Thursday, August 29th. The company reported C$1.93 earnings per share for the quarter, beating the consensus estimate of C$1.75 by C$0.18. The business had revenue of C$6.60 billion for the quarter, compared to the consensus estimate of C$6.31 billion. Canadian Imperial Bank of Commerce had a return on equity of 12.37% and a net margin of 29.56%.

CM has been the topic of several other research reports. Royal Bank of Canada boosted their price target on Canadian Imperial Bank of Commerce from C$69.00 to C$74.00 and gave the company a “sector perform” rating in a research note on Friday, August 30th. BMO Capital Markets upped their target price on Canadian Imperial Bank of Commerce from C$81.00 to C$99.00 in a research note on Monday. Jefferies Financial Group lowered their target price on Canadian Imperial Bank of Commerce from C$79.00 to C$78.00 and set a “buy” rating on the stock in a research note on Monday, August 12th. TD Securities upped their target price on Canadian Imperial Bank of Commerce from C$91.00 to C$98.00 in a research note on Friday, November 15th. Finally, Cormark upgraded Canadian Imperial Bank of Commerce from a “market perform” rating to a “buy” rating and upped their target price for the stock from C$75.00 to C$83.00 in a research note on Friday, August 30th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of C$83.00.

Canadian Imperial Bank of Commerce Stock Performance

Canadian Imperial Bank of Commerce stock opened at C$91.11 on Thursday. The business’s 50-day simple moving average is C$85.47 and its two-hundred day simple moving average is C$74.46. The company has a market cap of C$86.10 billion, a PE ratio of 13.19, a PEG ratio of 3.03 and a beta of 1.12. Canadian Imperial Bank of Commerce has a fifty-two week low of C$51.60 and a fifty-two week high of C$91.39.

Canadian Imperial Bank of Commerce Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, October 28th. Shareholders of record on Friday, September 27th were given a dividend of $0.90 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $3.60 dividend on an annualized basis and a yield of 3.95%. Canadian Imperial Bank of Commerce’s dividend payout ratio is currently 52.10%.

Insider Buying and Selling at Canadian Imperial Bank of Commerce

In other Canadian Imperial Bank of Commerce news, Senior Officer Hratch Dikran Panossian sold 5,530 shares of the stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of C$79.89, for a total transaction of C$441,791.70. Also, Director Harry Kenneth Culham sold 800 shares of the stock in a transaction that occurred on Monday, September 30th. The shares were sold at an average price of C$83.20, for a total value of C$66,560.00. Insiders sold 203,057 shares of company stock valued at $16,823,249 over the last quarter. 0.02% of the stock is currently owned by insiders.

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.