CM.TO - Canadian Imperial Bank of Commerce

Toronto - Toronto Delayed Price. Currency in CAD
114.27
-0.07 (-0.06%)
As of 11:48AM EST. Market open.
Stock chart is not supported by your current browser
Previous Close114.34
Open113.90
Bid114.25 x 0
Ask114.29 x 0
Day's Range113.54 - 114.29
52 Week Range110.00 - 125.21
Volume243,896
Avg. Volume1,179,357
Market Cap50.55B
Beta (3Y Monthly)1.17
PE Ratio (TTM)9.99
EPS (TTM)11.44
Earnings DateNov 29, 2018
Forward Dividend & Yield5.44 (4.77%)
Ex-Dividend Date2018-09-27
1y Target Est132.80
  • ACCESSWIRE5 hours ago

    Today's Research Reports on ECN Capital, Canadian Imperial Bank of Commerce, Cymbria and Transat A.T.

    NEW YORK / ACCESSWIRE / November 14, 2018 / MarketEdge Report strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...

  • 3 High-Yield Stocks to Consider for 2019
    The Motley Fool20 hours ago

    3 High-Yield Stocks to Consider for 2019

    Inter Pipeline Ltd. (TSX:IPL) and another two Canadian dividend stocks could generate nice returns heading into 2019.

  • Canadian Court Takes Custody of Crypto Exchange’s Frozen Funds
    Bitcoin Magazine22 hours ago

    Canadian Court Takes Custody of Crypto Exchange’s Frozen Funds

    The Ontario Superior Court of Justice has recently moved to take custody of a large sum of assets from a crypto exchange currently frozen in accounts at the Canadian Imperial Bank of Commerce (CIBC).According to a recent court document, the CIBC had frozen several accounts of some disputed assets at the crypto exchange QuadrigaCX, including $25.7 million CAD and $69,000 USD. The bank was allegedly unable to identify who the exact owner of these accounts was along with millions that were deposited by the exchange’s various clients, so it froze them indefinitely.This has prompted legal action on behalf of QuadrigaCX which has been trying to reclaim the money that they claimed entitlement to.With such large sums in limbo, many of this exchange’s customers have been unable to access their money at all, leaving the company’s day-to-day ability to function in jeopardy. Emails sent from representatives of QuadrigaCX to CIBC were submitted as evidence to the court, including concerns that the exchange was “under extreme pressure from many clients to address this ASAP” and that “lawsuits are being filed against us.”However, the court has evidently decided to take neither party’s side in this juncture. Judge Glenn Hainey has instead ruled that CIBC transfer custody and liability of these frozen assets to the courts themselves, so that they may more thoroughly inspect them to determine their specific ownership.Even a ruling in QuadrigaCX’s favor could still spell trouble for the exchange, however. According to the court documents, it was CIBC that originally made the application to make the court the final authority on these funds’ ownership, and the court specifically decided to grant CIBC’s request. The exchange may eventually see its funds returned, but Judge Hainey stated, “I am not in a position on this record to make any determination as to CIBC’s possible liability for [freezing the accounts].” Without some sort of damages paid to QuadrigaCX for the inconvenience of losing access to $26 million dollars, the lawsuits filed from the exchange’s depositors may prove a problem down the road. This article originally appeared on Bitcoin Magazine.

  • Should You Buy Canadian Imperial Bank of Commerce (TSX:CM) Stock Right Now?
    The Motley Fool3 days ago

    Should You Buy Canadian Imperial Bank of Commerce (TSX:CM) Stock Right Now?

    Canadian Imperial Bank of Commerce (TSX:CM) (NYSE:CM) is starting to look oversold. Should you buy today?

  • It’s Time to Ride Canadian Imperial Bank of Commerce (TSX:CM) Stock to $125 or Higher
    The Motley Fool5 days ago

    It’s Time to Ride Canadian Imperial Bank of Commerce (TSX:CM) Stock to $125 or Higher

    Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) is going on a business offensive that will send it higher in 2019.

  • Is CIBC (TSX:CM) a Buy and Hold for Life Stock?
    The Motley Fool6 days ago

    Is CIBC (TSX:CM) a Buy and Hold for Life Stock?

    Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) stock is tailor-made for the risk-averse passive income investor, and is good value today.

  • Should You Be Concerned About Canadian Imperial Bank of Commerce’s (TSE:CM) Risks?
    Simply Wall St.6 days ago

    Should You Be Concerned About Canadian Imperial Bank of Commerce’s (TSE:CM) Risks?

    Post-GFC recovery has strengthened economic growth and credit quality, benefiting large banks such as Canadian Imperial Bank of Commerce (TSE:CM), with a market capitalisation of CA$50.8b. A borrower’s demand for, Read More...

  • 3 High-Yield Stocks to Stick in Your TFSA Today
    The Motley Fool7 days ago

    3 High-Yield Stocks to Stick in Your TFSA Today

    Inter Pipeline Ltd. (TSX:IPL) and another two out-of-favour stocks offer attractive yield with growth on the horizon.

  • Value Investors: These 3 Cheap Stocks Have a P/E Under 10
    The Motley Fool8 days ago

    Value Investors: These 3 Cheap Stocks Have a P/E Under 10

    Don't be fooled by their low P/E ratios. Stocks like Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) and Magna International Inc. (TSX:MG)(NYSE:MGA) are still fantastic companies.

  • CNW Group8 days ago

    Media Advisory - CIBC to Announce Fourth Quarter 2018 Results on November 29, 2018

    TORONTO , Nov. 7, 2018 /CNW/ -  CIBC (TSX: CM) (NYSE: CM) will be announcing its 2018 fourth quarter results on Thursday, November 29, 2018 . The results are expected to be released at approximately 6:00 ...

  • When Is the Right Time to Buy This Top Dividend Stock for Your TFSA?
    The Motley Fool10 days ago

    When Is the Right Time to Buy This Top Dividend Stock for Your TFSA?

    The latest dip in Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) stock is a good opportunity for TFSA investors to stash this top dividend stock in their portfolios.

  • Sluggish Wages and Exports Cloud Canadian Economic Picture
    Bloomberg13 days ago

    Sluggish Wages and Exports Cloud Canadian Economic Picture

    Statistics Canada released jobs data Friday that showed modest employment gains, but with a shrinking labor force and the slowest wage gains in a year. The numbers reveal a lukewarm economy, one that is unlikely to convince the Bank of Canada a faster pace of rate increases is needed. “Canada’s economy isn’t roaring ahead, but it still sits at what looks like full employment,” Avery Shenfeld, chief economist at CIBC Capital Markets, wrote in a note to investors.

  • Dollar Hits a Wall at 17-Month High, With Worst Day Since July
    Bloomberg14 days ago

    Dollar Hits a Wall at 17-Month High, With Worst Day Since July

    The Bloomberg Dollar Spot Index is down 0.8 percent in Thursday trading, having fallen as much as 0.9 percent earlier in New York trading. “We’re thinking more broadly that this is another peak in the dollar, and we’re going to see it drifting lower in the next year,” Mark McCormick, head of North America FX strategy at TD, said in an interview.

  • Income-Oriented TFSA Investors: Buy This Cheap Bank Now and Hold It Forever
    The Motley Fool14 days ago

    Income-Oriented TFSA Investors: Buy This Cheap Bank Now and Hold It Forever

    Buy Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) while it remains depressed. It's a top bank with considerable long-term momentum.

  • 3 High-Yield Canadian Dividend Stocks for Your TFSA Today
    The Motley Fool15 days ago

    3 High-Yield Canadian Dividend Stocks for Your TFSA Today

    Here's why Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) and another two unloved dividend stocks might be attractive picks today.

  • CIBC and Greater Toronto Airports Authority partnering to enhance traveller experience at Toronto Pearson International Airport
    CNW Group15 days ago

    CIBC and Greater Toronto Airports Authority partnering to enhance traveller experience at Toronto Pearson International Airport

    New multi-year agreement focuses on meeting needs of clients to bank when, where and how they want TORONTO , Oct. 31, 2018 /CNW/ - CIBC (TSX: CM) (NYSE: CM) and the Greater Toronto Airports Authority (GTAA) ...

  • 3 Top TSX Cash Cows You Should Be Buying Right Now
    The Motley Fool16 days ago

    3 Top TSX Cash Cows You Should Be Buying Right Now

    These three companies have a track record of returning cash to shareholders, including Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) and another deeply discounted asset manager.

  • TFSA Investors: 3 Top Oversold Dividend-Growth Stocks to Own for 30 Years
    The Motley Fool17 days ago

    TFSA Investors: 3 Top Oversold Dividend-Growth Stocks to Own for 30 Years

    Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) is just one of a handful of top Canadian dividend stocks that look cheap right now.

  • Canadian Bank Stocks Are Severely Undervalued, Especially These 2 Gifts
    The Motley Fool20 days ago

    Canadian Bank Stocks Are Severely Undervalued, Especially These 2 Gifts

    Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) and another severely battered bank stock that's on sale after the recent market-wide correction.

  • Caution: Economic Headwinds Make Canada’s Banks Risky Investments
    The Motley Fool21 days ago

    Caution: Economic Headwinds Make Canada’s Banks Risky Investments

    With lingering NAFTA concerns removed and inflation starting to pick up here in and in the United States, all eyes are on Bank of Canada to hike rates one more time this year. For many investors, rate hikes are bullish signals for shares of bank stocks, since in theory they stand to benefit from higher […]

  • CNW Group22 days ago

    CIBC raises prime lending rate

    TORONTO , Oct. 24, 2018 /CNW/ -   CIBC (TSX: CM) (NYSE: CM) today announced that it is raising its Canadian prime lending rate by 25 basis points from 3.70 per cent to 3.95 per cent, effective Thursday, ...

  • Millennials: 4 Dividend Stocks to Buy and Hold in Your TFSA Forever
    The Motley Fool22 days ago

    Millennials: 4 Dividend Stocks to Buy and Hold in Your TFSA Forever

    The current global sell-off should inspire younger investors to add long-term dividend stocks like Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) at a discount.

  • Kids are managing money earlier, but it's not helping them gain financial independence any sooner: CIBC poll
    CNW Group23 days ago

    Kids are managing money earlier, but it's not helping them gain financial independence any sooner: CIBC poll

    TORONTO, Oct. 23, 2018 /CNW/ - CIBC (CM:TSX) (CM:NYSE) – When it comes to managing money, kids are starting about two years earlier than their parents did, finds a new CIBC poll. According to the poll, parents say that their kids open a bank account, get an allowance, manage their own money, get a credit card and become aware of their parents financial situation about two years earlier on average than they did. "It's encouraging that parents are getting their kids on the right track early on, but setting your kids up for financial success is more than just opening a bank account and giving them money to manage on their own," says David Nicholson, Vice-President, CIBC Imperial Service.

  • Shopping for a Bank to Invest in? Consider This Incredible Opportunity Now!
    The Motley Fool24 days ago

    Shopping for a Bank to Invest in? Consider This Incredible Opportunity Now!

    Canada's banking sector has always provided plenty of opportunities for investors, but the opportunity poised by Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) right now is very compelling.

  • Popular travel perks within reach for more Canadian travellers
    CNW Group24 days ago

    Popular travel perks within reach for more Canadian travellers

    TORONTO, Oct. 22, 2018 /CNW/ - CIBC -- (TSX:CM.TO - News) (NYSE: CM) -- Almost half of all Canadians (49%) are planning to travel for vacation in the next 12 months but many find parts of the experience stressful or are left wanting more, according to a CIBC survey. Other factors weighing on Canadians' travel experience according to the survey include the theft or loss of money and credit cards, which they cite among their top concerns.