TSE:CM

Canadian Imperial Bank of Commerce (CM.TO)

166.04
+0.42 (0.25%)
as of Jul 31, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJul 31, 2026, 12:00 am

This summary was created by AI, based on 19 opinions in the last 12 months.

The Canadian Imperial Bank of Commerce (CIBC) has been receiving favorable reviews from various analysts, emphasizing its solid positioning within the Canadian banking sector. Analysts highlight the bank's impressive earnings growth, particularly driven by a strong performance in its U.S. business and a healthy profit margin. With increasing cash reserves and a strategy of retiring debt and buying back shares, CIBC appears primed for continued success. However, some analysts caution about its reliance on the Canadian consumer and potential economic risks, especially in the context of interest rate fluctuations. Overall, there is optimistic sentiment about CIBC's ability to leverage opportunities in infrastructure and energy development, alongside the potential impacts of government fiscal initiatives.

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Consensus
Bullish
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Valuation
Fair Value
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Similar
RY
WEAK BUY
Purposely kept it out entering this phase of the cycle. Disproportionate response to the earnings miss. Still some headwinds to get through. Not a bad time to get in, as a value play against the peer group, but it would depend on whether it's a long-term play or short-term strategic.
BUY
They have exposure to the US but were late to the table. It is trading at a discount to their peers and he thinks this discount is justified. The discount therefore creates a buying opportunity. He thinks the valuation is attractive.
BUY
The chart is like most, testing previous old support levels. It's a bit toppy, but you buy Canadian banks when they're weak, and when they're strong. You don't give up on them. The US banks have been under pressure, and they have more chance of going lower. No problem buying this right now, even if it's a hold just for a little while.
BUY
TD is the class act. CIBC is the step child in the Canadian Bank industry. The Canadian Bank oligopoly is not going away. If you want to make money in the 3-5 years buy TD if you want to collect the dividend buy CIBC.
HOLD
The first of the Canadian banks to report next Wednesday. They have been hurt due to perceptions of being more of a domestic only bank. He is hoping to see what they mortgage portfolio looks like and what they are projecting for loan losses. He likes their yield of 5.1%. He would not be a buyer or seller here.
DON'T BUY
They're trying to break into the US market: 25% of earnings there is the target. They aren't buying back shares to the same degree at its peers. It's trading at a valuation discount vs. its peers. So, if not buybacks, is CIBC plotting an acquisition with their cash? He doesn't know. There are better opportunities elsewhere.
TOP PICK
Pays the highest yield among the big banks. Even though they damage themselves, CIBC will continue to pay that yield that they will increase. Buy this for the income. (Analysts’ price target is $123.93)
BUY
He likes CM-T and thinks the sell off makes it good value and at good support -- great upside potential -- and the best yield of the Canadian banks.
BUY

Still a fine name. If the Canadian real estate market is getting an all-clear, that makes it better. They have been getting into the US and that is paying off for them. Balance sheet is fine. Dividend is high and it is cheap. Nothing wrong with this name. Still not his favorite of the banks but you will do fine.

TOP PICK
Two items -- 5% dividend yield and it trades at less than 10 times earnings. Always a winning combination histortically. Yield 5.03% (Analysts’ price target is $123.93)
DON'T BUY
The next interesting place is about $112 and then $120. There have been better places to put your money. He prefers other financials than banks, where you will be stuck in a band.
HOLD
This has been disappointing for the past couple of years, but the dividend yield of 5% is good. He would not worry about holding this. His stop-loss would be $100.
BUY
CIBC vs. BNS Canadian bank shareholders haven't made money lately including himself. The market has been worrying about bank prospects (i.e. mortgage defaults) constantly, and yes Q1 was weak, but he expects banks to show positive earnings. Also, they trade at 9-10x earnings and pay good dividends that'll grow. Of the two, he'd pick BNS.
BUY
Canadian banks in general are strongly managed from a risk perspective. They are not a black box. People around the world look at headlines. Financials is 25-30% financials. He is only 5% weighted on Canadian banks. Not because he is negative on them just he likes better other areas of the market better. Just don't be overweight banks.
SELL
If it breaks through $109.50, you'll go down to $105, and then the next spot is $98. Banks are predictable, not a big drop. Better places to deploy capital because of seasonality and rate slowdown. He'd look at it again around $100-105. Interest rates would really need to rise to see it break through.
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