Research Analysts Issue Forecasts for TSE:CM FY2026 Earnings

Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) – Investment analysts at National Bank Financial upped their FY2026 EPS estimates for Canadian Imperial Bank of Commerce in a note issued to investors on Thursday, December 5th. National Bank Financial analyst G. Dechaine now expects that the company will earn $8.62 per share for the year, up from their prior forecast of $8.49. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $6.41 per share.

Other analysts have also recently issued reports about the company. Canaccord Genuity Group upped their target price on Canadian Imperial Bank of Commerce from C$92.00 to C$99.00 in a report on Friday, December 6th. National Bankshares upped their price objective on shares of Canadian Imperial Bank of Commerce from C$86.00 to C$94.00 in a report on Wednesday, November 20th. Scotiabank lifted their target price on shares of Canadian Imperial Bank of Commerce from C$108.00 to C$114.00 in a research note on Friday, December 6th. Bank of America upgraded shares of Canadian Imperial Bank of Commerce from a “neutral” rating to a “buy” rating and boosted their target price for the company from C$74.00 to C$90.00 in a report on Friday, August 30th. Finally, Desjardins raised their price target on shares of Canadian Imperial Bank of Commerce from C$77.00 to C$83.00 and gave the stock a “buy” rating in a report on Friday, August 30th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, Canadian Imperial Bank of Commerce has a consensus rating of “Moderate Buy” and an average target price of C$90.00.

Canadian Imperial Bank of Commerce Trading Up 0.4 %

Shares of TSE CM opened at C$94.26 on Monday. The company has a 50-day moving average of C$87.30 and a 200 day moving average of C$76.40. Canadian Imperial Bank of Commerce has a 12-month low of C$57.96 and a 12-month high of C$94.81. The stock has a market cap of C$89.07 billion, a PE ratio of 13.64, a P/E/G ratio of 3.03 and a beta of 1.12.

Canadian Imperial Bank of Commerce Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 28th. Shareholders of record on Friday, December 27th will be given a $0.97 dividend. This is a positive change from Canadian Imperial Bank of Commerce’s previous quarterly dividend of $0.90. This represents a $3.88 dividend on an annualized basis and a yield of 4.12%. Canadian Imperial Bank of Commerce’s payout ratio is presently 52.10%.

Insiders Place Their Bets

In other Canadian Imperial Bank of Commerce news, Senior Officer Christina Charlotte Kramer sold 37,022 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of C$83.40, for a total value of C$3,087,634.80. Also, Director Harry Kenneth Culham sold 800 shares of the business’s stock in a transaction on Monday, September 30th. The stock was sold at an average price of C$83.20, for a total transaction of C$66,560.00. Insiders have sold 137,527 shares of company stock worth $11,469,997 over the last ninety days. Corporate insiders own 0.02% of the company’s stock.

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.