CM.TO - Canadian Imperial Bank of Commerce

5 Canadian Dividend Stocks That Every Investor Should Own

Canadian dividend stocks are known for generous yields and stable returns. Here are five stellar options to start or augment any portfolio. The post 5 Canadian Dividend Stocks That Every Investor Should Own appeared first on The Motley Fool Canada.

3 Dividend Stocks to Create Riches for Decades

These three passive income stocks offer huge value for investors looking for a deal along with long-term income and a rebound in 2023. The post 3 Dividend Stocks to Create Riches for Decades appeared first on The Motley Fool Canada.

Oil Snaps Three-Day Rally After Russia Says OPEC+ Will Stay Put

(Bloomberg) -- Oil fell the most since early May after Russia downplayed the likelihood of another OPEC+ production cut.Most Read from BloombergCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17JPMorgan Tells 1,000 First Republic Employees They'll Lose Their JobsSingapore Dollar at Record High Versus Ringgit on China WorriesThe Organization of Petrole

U.S. regional banking troubles only in 'early innings': CIBC CEO

It's one of the reasons why the lender is sitting on the bench instead of hunting for potential deals in the regional bank sector.

CIBC Tops Estimates as Rates Boost Lending Profit Margins

(Bloomberg) -- Canadian Imperial Bank of Commerce reported an increase in its profit margin from loans in the fiscal second quarter as the company benefits from rising interest rates.Most Read from BloombergCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17JPMorgan Tells 1,000 First Republic Employees They'll Lose Their JobsFirst Republic’s $35 Million Banker Outearned JPMorgan’s Dimon Before BustSingapore Dollar at

How to Create a Top-Notch, Passive-Income Portfolio From Scratch

Investing your savings at a time like this is hard, so don't! Create your own passive-income stream and put it towards your investments instead. The post How to Create a Top-Notch, Passive-Income Portfolio From Scratch appeared first on The Motley Fool Canada.

CIBC reports $1.69B second-quarter profit, raises dividend

TORONTO — CIBC raised its quarterly dividend as it reported a second-quarter profit of $1.69 billion. The bank said Thursday it will now pay a quarterly dividend of 87 cents per share, up from 85 cents. The increased payment to shareholders came as CIBC reported its net income amounted to $1.76 per diluted share for the quarter ended April 30, up from $1.52 billion or $1.62 per diluted share a year earlier. Revenue totalled $5.70 billion, up from $5.38 billion in its second quarter last year, wh

Canadian Imperial Bank (CM) Surpasses Q2 Earnings and Revenue Estimates

Canadian Imperial Bank (CM) delivered earnings and revenue surprises of 4.17% and 1.33%, respectively, for the quarter ended April 2023. Do the numbers hold clues to what lies ahead for the stock?

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TFSA Investors: Where to Invest $6,500 This Year

The TFSA limit for 2023 is $6,500. TFSA investors contemplating where to invest should consider these long-term picks. The post TFSA Investors: Where to Invest $6,500 This Year appeared first on The Motley Fool Canada.

Invest in This Workhorse Canadian Company for Strong TFSA Returns

CIBC (TSX:CM) is just one of many intriguing dividend stocks fit for Canadians' long-term TFSA portfolios. The post Invest in This Workhorse Canadian Company for Strong TFSA Returns appeared first on The Motley Fool Canada.

Is a Surprise Coming for Canadian Imperial Bank (CM) This Earnings Season?

Canadian Imperial Bank (CM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

TFSA Wealth: 2 Oversold TSX Dividend Stocks to Own for Decades

These top TSX dividend stocks look cheap right now. The post TFSA Wealth: 2 Oversold TSX Dividend Stocks to Own for Decades appeared first on The Motley Fool Canada.

The Top Canadian Dividend Stocks for Long-term Investors

Investors who want to generate a stable and recurring long-term income stream should consider these top Canadian dividend stocks. The post The Top Canadian Dividend Stocks for Long-term Investors appeared first on The Motley Fool Canada.

Down 20.21%, Is CM Stock a Bargain Now or Should Buyers Beware?

This stock might be down by over 20% in the last 12 months but can potentially deliver stellar returns in the future. The post Down 20.21%, Is CM Stock a Bargain Now or Should Buyers Beware? appeared first on The Motley Fool Canada.

Ranked: The Top Canadian Bank Stocks for May 2023

I’m excited about bank stocks like Bank of Montreal (TSX:BMO) and its peers, as they get set to unveil second-quarter earnings. The post Ranked: The Top Canadian Bank Stocks for May 2023 appeared first on The Motley Fool Canada.

How Much Do You Need to Invest to Make $100/Month in Passive Income?

All Canadians can benefit from building a passive income from dividend stocks immediately. Now CIBC appears to be a good buy. The post How Much Do You Need to Invest to Make $100/Month in Passive Income? appeared first on The Motley Fool Canada.

Oil Falls as Traders Raise Bets on Further Fed Rate Hikes

(Bloomberg) -- Oil edged lower as the potential for additional rate hikes from the Federal Reserve underpinned concerns about a recession that would weaken demand.Most Read from BloombergDisney Drops Plan to Move Workers to Florida, Closes HotelWall Street Fears $1 Trillion Aftershock From Debt DealSingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsNYC Skyscrapers Sit Vacant, Exposing Risk City Never PredictedHere’s How Much Wealth You Need to Join the Richest 1% GloballyWe

Earnings Preview: Canadian Imperial Bank (CM) Q2 Earnings Expected to Decline

Canadian Imperial Bank (CM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Oil Advances as Risk-On Sentiment Outweighs US Inventory Build

(Bloomberg) -- Oil advanced as traders embraced risky assets amid optimism for the US debt-ceiling talks, largely ignoring a bearish US stockpile report.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsThe $120 Million Ghost Ship Antigua Is Desperate to UnloadJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsCrude settled above $72 a barrel on Wednesday as hopes that a deal to raise the U

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  Oil Posts Second Weekly Gain as Debt-Limit Deal Inches Closer

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  US Has Just $67 Billion of Special Measures Left Under Debt Cap

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3 Canadian Stocks to Buy Ahead of an Inevitable Bull Market

High-risk investors with a long-term investment horizon can consider positions in these Canadian stocks. The post 3 Canadian Stocks to Buy Ahead of an Inevitable Bull Market appeared first on The Motley Fool Canada.

2 Bank Stocks Yielding Over 6%

Bank of Nova Scotia is one of the high-yielding Canadian bank stocks to buy for a high yield without excess risk. The post 2 Bank Stocks Yielding Over 6% appeared first on The Motley Fool Canada.

3 Stocks at 52-Week Lows I’m Buying Right Now

These three stocks continue to trade at or near 52-week lows. But this provides perhaps the best opportunity for long-term holders. The post 3 Stocks at 52-Week Lows I’m Buying Right Now appeared first on The Motley Fool Canada.

Inflation in Canada Quickens to 4.4% With Housing Costs Rising

(Bloomberg) -- Inflation unexpectedly reaccelerated in Canada but core measures continued to ease, potentially giving the central bank room to keep rates on pause as it waits for the tight labor market to cool. Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDow Average Sinks 1% With Washington in Focus: Markets WrapGoogle Billionaire Sergey Brin Gifts $600 Million in Surging SharesChicago’s Empty Office Towers Threaten Its Future as a Major Fina