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Canadian Imperial Bank Of Commerce

Canadian Imperial Bank Of Commerce

CM · NYSE · Financial Services / Banks - Diversified

115.80USD-0.24 (-0.21%)

Price History

Full chart

Market Stats

Previous Close116.04
Open116.27
Day Range115.13 – 116.75
52-Week Range79.46 – 124.03
Volume399.40K
Market Cap103.52B
P/E (TTM)15.16
Forward P/E13.72
EPS7.52
Dividend Yield2.68%
Beta1.24
50-Day Avg114.05
200-Day Avg108.14

About

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, agriculture, and business accounts; mortgages; business, car, education, home, and other loans; lines of credit and agriculture loans; and cash management, small business financing, and overdraft protection services. The company also provides investment and insurance services; healthcare banking; credit cards; private banking, wealth planning, investment management, and estate planning and trust; 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.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Diversified
  • CEOMr. Harry K. Culham
  • Employees51.71K
  • HeadquartersCIBC Square, Toronto, ON, Canada, M5J 0E7, USA
  • Websitehttps://www.cibc.com

Leadership

  • Mr. Harry K. CulhamPresident, CEO & Director · b. 1968
  • Mr. Robert Sedran C.F.A.Senior EVP, CFO & Enterprise Strategy · b. 1972
  • Mr. Hratch PanossianSenior EVP and Group Head of Canadian Personal & Business Banking
  • Ms. Amy SouthSenior Executive VP, Chief Administration Officer & Chief of Staff
  • Mr. Stephen ScholtzExecutive VP & Global Chief Legal Officer
  • Ms. Yvonne DimitroffExecutive VP and Chief Human Resources Officer of People, Culture & Talent
  • Mr. Michael G. CapatidesVice-Chair of CIBC Bank USA
  • Mr. John P. FerrenSenior Vice President of Deposit Products & Analytics
  • Mr. Michael J. BoluchExecutive Vice President of Technology & Enterprise Innovation
  • Mr. Stephen J. ForbesChief Commercial Officer & Executive VP

Financials

Income Statement

Currency: CAD1993-10-311994-10-311995-10-311996-10-311997-10-311998-10-311999-10-312000-10-312001-10-312002-10-312003-10-312004-10-312005-10-312006-10-312007-10-312008-10-312009-10-312010-10-312011-10-312012-10-312013-10-312014-10-312015-10-312016-10-312017-10-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Total Revenue5.61B6.21B6.29B7.36B16.87B19.80B20.13B23.13B21.39B17.05B17.12B16.69B18.28B20.18B22.83B12.67B13.83B14.98B17.29B16.87B16.91B17.08B17.25B18.16B20.49B25.14B28.61B25.14B23.24B31.30B55.49B64.02B62.01B
Growth (%)-+10.68%+1.21%+17.02%+129.38%+17.38%+1.66%+14.86%-7.52%-20.26%+0.40%-2.52%+9.53%+10.42%+13.12%-44.51%+9.18%+8.27%+15.44%-2.43%+0.21%+1.02%+0.98%+5.33%+12.80%+22.68%+13.83%-12.14%-7.55%+34.68%+77.28%+15.36%-3.14%
Cost of Revenue5.23B5.00B6.90B7.93B8.98B11.14B10.75B12.26B11.33B7.51B6.80B5.56B7.03B9.38B11.83B9.73B5.55B3.94B6.12B5.87B5.48B4.96B4.34B4.78B5.45B8.28B11.43B8.97B3.44B10.50B34.20B40.49B35.33B
Gross Profit378.00M1.21B-613.00M-573.00M7.89B8.66B9.39B10.86B10.06B9.54B10.32B11.13B11.26B10.80B11.01B2.94B8.28B11.04B11.18B11.00B11.43B12.12B12.91B13.39B15.04B16.86B17.18B16.17B19.80B20.80B21.29B23.52B26.67B
Gross Margin6.74%19.42%-9.75%-7.79%46.75%43.73%46.62%46.96%47.05%55.94%60.27%66.70%61.57%53.52%48.21%23.21%59.86%73.71%64.63%65.19%67.59%70.99%74.84%73.70%73.43%67.05%60.05%64.33%85.20%66.45%38.36%36.75%43.02%
Operating Expense-6.02B-5.24B-9.16B-10.78B5.40B7.15B8.04B8.16B8.28B9.17B8.13B8.24B10.33B7.49B7.16B7.20B6.66B7.03B7.37B7.01B7.45B8.21B8.68B8.38B9.16B10.15B10.71B11.28B11.48B12.83B14.32B14.36B15.73B
Operating Income6.40B6.44B8.55B10.21B2.49B1.52B1.35B2.70B1.78B373.83M2.19B2.90B927.00M3.31B3.85B-4.26B1.62B4.01B3.81B3.99B3.98B3.91B4.22B5.01B5.88B6.71B6.47B4.89B8.32B7.97B6.97B9.17B10.94B
Operating Margin114.03%103.77%136.01%138.75%14.75%7.65%6.70%11.68%8.31%2.19%12.78%17.35%5.07%16.42%16.87%-33.62%11.70%26.79%22.01%23.66%23.52%22.92%24.49%27.60%28.70%26.68%22.61%19.45%35.81%25.47%12.57%14.32%17.64%
EBITDA6.62B6.68B8.79B10.46B2.72B1.81B1.72B3.06B2.14B738.32M2.48B3.18B1.15B3.55B4.29B-3.85B2.02B4.39B4.36B4.35B4.33B4.73B4.66B5.47B6.42B7.36B7.31B6.20B9.34B9.02B8.12B10.34B12.12B
EBITDA Margin117.91%107.54%139.84%142.23%16.12%9.14%8.53%13.24%9.99%4.33%14.51%19.03%6.31%17.59%18.77%-30.39%14.62%29.29%25.22%25.78%25.61%27.68%27.02%30.14%31.34%29.29%25.54%24.67%40.18%28.82%14.63%16.15%19.54%
Net Income749.00M917.00M1.03B1.38B1.55B1.06B1.03B2.06B1.69B652.65M1.95B2.09B-32.00M2.65B3.30B-2.06B1.17B2.45B2.87B3.29B3.35B3.22B3.58B4.28B4.70B5.27B5.10B3.79B6.43B6.22B5.00B7.12B8.43B
Net Income Margin13.35%14.77%16.32%18.76%9.19%5.33%5.11%8.91%7.88%3.83%11.39%12.53%-0.18%13.11%14.43%-16.26%8.49%16.37%16.58%19.53%19.83%18.84%20.74%23.53%22.93%20.95%17.81%15.08%27.66%19.87%9.01%11.11%13.59%
R&D-------00000000000000000000------
R&D as % of Total Revenue-------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%------
Interest Expense5.23B5.00B6.90B7.93B8.37B10.66B10.00B11.04B10.23B6.01B5.66B4.93B6.32B8.83B11.22B8.96B3.90B2.89B4.97B4.58B4.36B4.02B3.57B3.73B4.62B7.44B10.15B6.48B3.28B9.54B32.19B38.49B32.99B
Interest Expense % of Total Revenue93.26%80.58%109.75%107.79%49.64%53.84%49.66%47.76%47.81%35.26%33.05%29.54%34.57%43.77%49.15%70.69%28.22%19.30%28.75%27.15%25.78%23.53%20.69%20.51%22.53%29.60%35.46%25.77%14.12%30.47%58.01%60.13%53.21%

Balance Sheet

Currency: CAD1993-10-311994-10-311995-10-311996-10-311997-10-311998-10-311999-10-312000-10-312001-10-312002-10-312003-10-312004-10-312005-10-312006-10-312007-10-312008-10-312009-10-312010-10-312011-10-312012-10-312013-10-312014-10-312015-10-312016-10-312017-10-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Total Assets141.30B151.03B179.24B210.23B237.99B281.43B250.33B267.70B287.47B273.29B277.15B278.76B280.37B303.98B342.18B353.93B335.94B379.31B383.76B393.38B398.01B414.90B463.31B501.36B565.26B597.10B651.60B769.55B837.68B943.60B975.69B1.04T1.12T
Total Liabilities133.34B142.60B170.56B201.49B227.74B270.29B239.27B256.33B275.57B260.96B263.37B265.54B268.89B291.65B328.54B339.91B321.50B364.51B367.67B376.35B380.01B396.12B441.76B477.68B534.03B561.98B613.02B728.22B791.85B893.22B922.53B982.98B1.05T
Total Equity7.95B8.44B8.68B8.74B10.25B11.14B11.06B11.37B11.90B12.33B13.78B13.22B10.73B12.32B13.49B13.83B14.28B14.63B15.93B16.87B17.82B18.62B21.55B23.67B31.24B35.12B38.58B41.34B45.65B50.18B52.93B58.73B64.13B
Cash----7.41B10.80B12.53B10.68B11.35B9.51B10.45B12.20B11.85B11.85B13.75B10.45B8.15B11.90B5.75B5.13B7.22B14.79B20.03B14.16B14.15B17.69B17.36B62.52B69.27B73.33B63.17B56.03B55.75B
Total Debt3.00B6.85B14.96B32.97B48.83B53.37B33.75B32.61B36.61B21.68B34.15B21.60B34.91B49.82B47.61B60.45B56.92B86.25B84.81B87.38B58.92B53.62B76.33B83.73B91.04B73.76B75.51B74.01B236.05B264.63B281.62B318.65B355.82B
Net Debt3.00B6.85B14.96B32.97B41.41B42.58B21.22B21.93B25.26B12.17B23.70B9.40B23.06B37.96B33.86B50.00B48.77B74.35B79.07B82.25B51.70B38.83B23.49B28.68B30.02B29.00B26.22B-16.66B166.78B191.30B218.45B262.62B300.07B

Cash Flow

Currency: CAD1993-10-311994-10-311995-10-311996-10-311997-10-311998-10-311999-10-312000-10-312001-10-312002-10-312003-10-312004-10-312005-10-312006-10-312007-10-312008-10-312009-10-312010-10-312011-10-312012-10-312013-10-312014-10-312015-10-312016-10-312017-10-312018-10-312019-10-312020-10-312021-10-312022-10-312023-10-312024-10-312025-10-31
Operating Cash Flow1.38B1.98B2.18B1.14B-6.29B-14.36B6.70B-6.26B1.30B8.90B-1.48B4.71B-133.00M-6.97B4.57B434.00M24.93B-7.98B5.10B1.62B5.19B-16.57B19.48B10.21B2.46B9.87B19.09B60.30B-3.33B22.71B12.15B11.09B13.84B
Investing Cash Flow-9.10B-9.97B-26.57B-17.34B-12.06B-5.00B12.81B-10.65B-18.87B4.20B-1.75B-3.19B-1.87B-18.23B-16.06B-2.51B-12.80B-6.75B-3.81B2.20B-3.01B18.79B-16.50B-7.38B-1.97B-7.99B-18.34B-19.41B-3.51B-24.39B-20.76B-20.75B-5.78B
Financing Cash Flow7.97B6.83B25.12B16.50B17.81B20.15B-19.42B16.72B17.50B-13.62B3.63B-1.70B1.95B25.23B11.70B2.10B-11.83B15.15B-1.61B-2.69B-2.63B-1.83B-2.90B-2.44B-501.00M-993.00M-1.29B-1.22B-1.95B-1.61B-2.16B-2.61B-4.31B
Capital Expenditure414.00M286.00M265.00M200.00M238.98M797.04M386.94M377.70M587.21M235.20M265.07M235.00M263.00M110.00M247.00M149.00M272.00M220.00M234.00M309.00M248.00M251.00M256.00M170.00M201.00M255.00M723.00M309.00M839.00M1.11B1.01B1.09B1.11B
Free Cash Flow969.00M1.70B1.92B938.00M-6.53B-15.15B6.32B-6.64B714.17M8.67B-1.74B4.48B-396.00M-7.08B4.32B284.99M24.66B-8.20B4.87B1.31B4.94B-16.82B19.23B10.04B2.66B9.61B18.36B59.99B-4.17B21.61B11.14B10.00B12.73B
Dividends Paid394.00M422.00M431.00M464.00M532.04M613.98M603.94M629.00M657.04M738.32M771.46M881.00M1.03B1.06B1.18B1.40B1.49B1.52B1.56B1.60B1.62B1.65B1.75B1.75B1.43B2.11B2.41B2.57B2.65B2.97B2.26B2.95B3.99B
FCF to OCF70.07%85.58%87.84%82.43%103.80%105.55%94.23%106.04%54.88%97.36%117.91%95.02%297.74%101.58%94.62%65.67%98.91%102.76%95.41%80.93%95.22%101.51%98.69%98.34%108.18%97.42%96.21%99.49%125.18%95.12%91.66%90.18%91.99%
Dividend Paid to FCF40.66%24.85%22.51%49.47%-8.15%-4.05%9.56%-9.48%92.00%8.52%-44.22%19.67%-259.34%-14.92%27.38%492.64%6.04%-18.53%31.96%121.89%32.85%-9.83%9.12%17.46%53.61%21.94%13.10%4.29%-63.51%13.76%20.30%29.47%31.37%

Earnings

Report DateSep 6, 1995Dec 7, 1995Mar 7, 1996Jun 6, 1996Sep 5, 1996Dec 5, 1996Mar 6, 1997Jun 5, 1997Sep 4, 1997Dec 4, 1997Mar 5, 1998Jun 4, 1998Sep 4, 1998Dec 3, 1998Mar 5, 1999Jun 4, 1999Sep 2, 1999Dec 3, 1999Mar 2, 2000Jun 1, 2000Sep 7, 2000Dec 7, 2000Mar 1, 2001May 29, 2001Aug 20, 2001Nov 26, 2001Feb 28, 2002May 22, 2002Aug 21, 2002Nov 27, 2002Feb 27, 2003May 21, 2003Aug 20, 2003Nov 26, 2003Feb 26, 2004May 26, 2004Aug 25, 2004Dec 2, 2004Feb 24, 2005May 25, 2005Aug 24, 2005Dec 1, 2005Mar 2, 2006Jun 1, 2006Aug 31, 2006Dec 7, 2006Mar 1, 2007May 31, 2007Aug 30, 2007Dec 6, 2007Feb 28, 2008May 29, 2008Aug 27, 2008Dec 4, 2008Feb 26, 2009May 27, 2009Aug 26, 2009Dec 3, 2009Feb 25, 2010May 27, 2010Aug 25, 2010Dec 2, 2010Feb 24, 2011May 26, 2011Aug 31, 2011Dec 1, 2011Mar 8, 2012May 31, 2012Aug 30, 2012Dec 6, 2012Feb 28, 2013May 30, 2013Aug 29, 2013Dec 5, 2013Feb 27, 2014May 29, 2014Aug 28, 2014Dec 4, 2014Feb 26, 2015May 28, 2015Aug 27, 2015Dec 3, 2015Feb 25, 2016May 26, 2016Aug 25, 2016Dec 1, 2016Feb 23, 2017May 25, 2017Aug 24, 2017Nov 30, 2017Feb 22, 2018May 23, 2018Aug 23, 2018Nov 29, 2018Feb 28, 2019May 22, 2019Aug 22, 2019Dec 5, 2019Feb 26, 2020May 28, 2020Aug 27, 2020Dec 3, 2020Feb 25, 2021May 27, 2021Aug 26, 2021Dec 2, 2021Feb 25, 2022May 26, 2022Aug 25, 2022Dec 1, 2022Feb 24, 2023May 25, 2023Aug 31, 2023Nov 30, 2023Feb 29, 2024May 30, 2024Aug 29, 2024Dec 5, 2024Feb 27, 2025May 29, 2025Aug 28, 2025Dec 4, 2025Feb 26, 2026May 28, 2026Aug 27, 2026Dec 3, 2026
EPS Estimate0.480.550.640.690.710.750.810.800.880.890.860.870.650.370.720.670.720.690.910.920.970.921.000.530.950.430.370.260.47-0.160.370.420.610.540.610.670.650.680.750.690.350.880.730.780.800.830.950.940.981.030.930.820.690.770.730.690.700.660.700.730.780.810.890.900.910.910.960.940.980.991.041.041.071.081.071.011.111.141.141.121.151.171.191.161.171.241.301.291.331.301.421.411.481.521.541.491.531.531.500.861.091.261.401.531.701.761.841.721.831.721.721.631.681.531.671.641.741.781.991.902.002.071.741.781.801.83
EPS Actual0.560.630.770.760.750.750.860.720.900.910.840.970.680.140.720.660.700.681.030.961.470.991.510.531.120.450.480.270.40-0.150.520.500.520.590.740.670.800.640.730.600.810.720.810.790.851.001.140.970.881.270.990.800.820.770.830.720.680.710.830.720.820.830.950.871.010.930.951.001.031.021.081.061.151.111.161.091.121.121.181.141.231.181.271.201.341.301.451.321.391.411.591.481.541.501.511.491.551.421.620.471.361.401.791.801.971.692.041.771.851.391.941.701.521.571.811.751.931.912.202.052.162.201.991.861.96-
Surprise16.67%14.55%20.31%10.14%5.63%0.00%6.17%-10.00%2.27%2.25%-2.33%11.49%4.62%-62.16%0.00%-1.49%-2.78%-1.45%13.19%4.35%51.55%7.61%51.00%0.00%17.89%4.65%29.73%3.85%-14.89%6.25%40.54%19.05%-14.75%9.26%21.31%0.00%23.08%-5.88%-2.67%-13.04%131.43%-18.18%10.96%1.28%6.25%20.48%20.00%3.19%-10.20%23.30%6.45%-2.44%18.84%0.00%13.70%4.35%-2.86%7.58%18.57%-1.37%5.13%2.47%6.74%-3.33%10.99%2.20%-1.04%6.38%5.10%3.03%3.85%1.92%7.48%2.78%8.41%7.92%0.90%-1.75%3.51%1.79%6.96%0.85%6.72%3.45%14.53%4.84%11.54%2.33%4.51%8.46%11.97%4.96%4.05%-1.32%-1.95%0.00%1.31%-7.19%8.00%-45.35%24.77%11.11%27.86%17.65%15.88%-3.98%10.87%2.91%1.09%-19.19%12.79%4.29%-9.52%2.61%8.38%6.71%10.92%7.30%10.55%7.89%8.00%6.28%14.37%4.49%8.89%-
Timing-------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market---------Pre-market-Pre-marketPre-market-After-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap103.52B
Enterprise Value77.97B
Trailing P/E15.16
Forward P/E13.72
PEG Ratio1.71
Price / Sales3.45
Price / Book2.41
EPS7.52
Book Value51.37
Revenue (TTM)30.01B
Gross Profit (TTM)30.01B
Profit Margin33.74%
Operating Margin39.97%
Return on Equity15.58%
Return on Assets0.89%
Shares Outstanding907.94M
Shares Float906.92M
Beta1.24
Dividend Yield2.68%
Dividend Rate3.05
Payout Ratio38.07%

Analyst Ratings

Hold
Based on 15 analystsTarget 120.54
  • Strong Buy
    3
  • Buy
    2
  • Hold
    9
  • Sell
    1

Ownership Breakdown

Institutions
53.03%
Insiders
0.02%
Retail / Other
46.95%

Top Institutional Holders

  • Royal Bank of Canada
    63.56M7.00%
  • BMO Capital Markets Corp.
    42.55M4.69%
  • Bank of Montreal
    42.55M4.69%
  • Vanguard Capital Management, LLC
    28.14M3.10%
  • TD Asset Management Inc
    19.91M2.19%
  • The Toronto-Dominion Bank
    14.50M1.60%
  • NATIONAL BANK OF CANADA /FI/
    13.54M1.49%
  • CIBC World Markets Inc.
    11.57M1.27%
  • Bank of Nova Scotia
    11.27M1.24%
  • Mackenzie Investments
    10.94M1.20%
  • Geode Capital Management, LLC
    10.62M1.17%
  • NORGES BANK
    9.90M1.09%
  • Acadian Asset Management LLC
    9.71M1.07%
  • Fidelity International Ltd
    8.90M0.98%
  • TD Waterhouse Canada Inc
    8.48M0.93%
  • Vanguard Fiduciary Trust Co
    8.15M0.90%
  • Canada Pension Plan Investment Board
    8.06M0.89%
  • Connor Clark & Lunn Inv Mgmt Ltd
    7.97M0.88%

Top Fund Holders

  • Vanguard Total Intl Stock Index Inv
    13.60M1.50%
  • Vanguard Developed Markets Index Admiral
    8.98M0.99%

Dividends

20263×
0.77Sep 28, 20260.75Jun 29, 20260.77Mar 27, 2026
20254×
0.77Dec 29, 20250.71Sep 29, 20250.71Jun 27, 20250.68Mar 28, 2025
20244×
0.67Dec 27, 20240.67Sep 27, 20240.66Jun 28, 20240.66Mar 27, 2024
20234×
0.68Dec 27, 20230.64Sep 27, 20230.66Jun 27, 20230.62Mar 27, 2023
20224×
0.63Dec 27, 20220.60Sep 27, 20220.64Jun 27, 20220.64Mar 25, 2022
20214×
1.61Dec 28, 20210.58Sep 27, 20210.59Jun 25, 20210.58Mar 26, 2021
20201×
1.46Dec 28, 2020

Stock Splits

  • May 16, 20222:1