Canadian Imperial Bank of Commerce (CM.TO)
| Previous Close | 53.36 |
| Open | 54.46 |
| Bid | 56.03 x 0 |
| Ask | 56.06 x 0 |
| Day's Range | 54.46 - 56.14 |
| 52 Week Range | 47.44 - 63.60 |
| Volume | |
| Avg. Volume | 2,835,333 |
| Market Cap | 52.243B |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | 10.87 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 3.60 (6.42%) |
| Ex-Dividend Date | Dec 27, 2023 |
| 1y Target Est | N/A |
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- The Canadian Press
Banks report higher provisions for bad loans, focus on expenses as economy slows
TORONTO — Several Canadian banks on Thursday reported fourth-quarter results that showed rising funds set aside for bad loans, and a heavy focus on expense management, as they prepared for the expected slower economy ahead. TD Bank boosted provisions for potential loan losses to $878 million, RBC is up to $720 million and CIBC amounted to $541 million, while on Tuesday, Scotiabank said it had set aside $1.3 billion. The rising provisions come as Statistics Canada reported Thursday that the econo
