FY2026 Earnings Estimate for CM Issued By Desjardins

Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) – Stock analysts at Desjardins raised their FY2026 EPS estimates for Canadian Imperial Bank of Commerce in a research report issued on Tuesday, November 11th. Desjardins analyst D. Young now forecasts that the bank will post earnings per share of $6.43 for the year, up from their previous estimate of $6.30. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $5.50 per share.

Other equities analysts also recently issued research reports about the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Canadian Imperial Bank of Commerce in a research report on Wednesday, October 8th. Royal Bank Of Canada increased their target price on shares of Canadian Imperial Bank of Commerce from $112.00 to $113.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. Finally, Wall Street Zen upgraded shares of Canadian Imperial Bank of Commerce from a “sell” rating to a “hold” rating in a research note on Monday, November 3rd. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $107.50.

Canadian Imperial Bank of Commerce Stock Performance

Canadian Imperial Bank of Commerce stock traded up $0.61 during midday trading on Friday, reaching $86.76. 265,349 shares of the company’s stock were exchanged, compared to its average volume of 1,125,061. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.04 and a current ratio of 1.04. The firm has a market cap of $80.58 billion, a price-to-earnings ratio of 14.64, a P/E/G ratio of 1.76 and a beta of 1.03. Canadian Imperial Bank of Commerce has a 52 week low of $53.62 and a 52 week high of $87.29. The stock’s 50-day simple moving average is $81.45 and its 200 day simple moving average is $74.17.

Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) last announced its quarterly earnings results on Thursday, August 28th. The bank reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.14. The firm had revenue of $5.24 billion during the quarter, compared to analysts’ expectations of $5.12 billion. Canadian Imperial Bank of Commerce had a net margin of 12.94% and a return on equity of 14.67%. The company’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.93 earnings per share.

Canadian Imperial Bank of Commerce Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 28th. Stockholders of record on Monday, September 29th were paid a $0.97 dividend. This represents a $3.88 annualized dividend and a dividend yield of 4.5%. This is a boost from Canadian Imperial Bank of Commerce’s previous quarterly dividend of $0.70. The ex-dividend date of this dividend was Monday, September 29th. Canadian Imperial Bank of Commerce’s dividend payout ratio (DPR) is currently 47.64%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Salem Investment Counselors Inc. purchased a new position in shares of Canadian Imperial Bank of Commerce in the third quarter worth about $30,000. Truvestments Capital LLC bought a new stake in shares of Canadian Imperial Bank of Commerce during the 1st quarter valued at about $32,000. Toth Financial Advisory Corp bought a new position in shares of Canadian Imperial Bank of Commerce in the third quarter worth approximately $32,000. AdvisorNet Financial Inc grew its stake in Canadian Imperial Bank of Commerce by 300.0% in the 3rd quarter. AdvisorNet Financial Inc now owns 400 shares of the bank’s stock worth $32,000 after buying an additional 300 shares in the last quarter. Finally, Ameritas Advisory Services LLC bought a new position in shares of Canadian Imperial Bank of Commerce in the 2nd quarter worth $34,000. 49.88% of the stock is currently owned by hedge funds and other 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.