Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs

TSE:CM

Canadian Imperial Bank of Commerce (CM.TO)

160.31
+2.34 (1.48%)
as of Jun 19, 2026, 8:00:01 pm Market Open.
1037 watching
0
Investor Insights
star iconJun 21, 2026, 12:00 am

This summary was created by AI, based on 18 opinions in the last 12 months.

The Canadian Imperial Bank of Commerce (CM) is viewed as a strong prospect, particularly in light of potential benefits from infrastructure and energy growth within the Canadian economy. With a current earnings multiple of 15x, a book value of 2.4x, and a robust return on equity (ROE) of 16%, analysts are optimistic about its performance. Cash reserves are increasing, and the company's responsible financial management includes aggressive share buybacks and debt reductions. However, the bank faces risks due to its heavy exposure to Canadian consumers and residential mortgages, especially amid recessionary concerns. While some experts express caution given the entire Canadian banking sector’s high valuations, many still see CM as a solid investment with upside potential, maintaining positive outlooks due to favorable market conditions.

consensus icon
Consensus
Positive
valuation icon
Valuation
Fair Value
review icon
Similar
RY
TOP PICK
A favourite bank in Canada. Often this one doesn’t get the respect it deserves. Had calamities in history but over last 10 years took great strides at de-risking their balance sheet. One of the strongest capital bases of all the banks and based on return on equity are the most profitable of the 6, yet sell at a discount relative to the others. Thinks they will close that gap. Management is doing a good job of realigning their business mix and repositioning themselves. Their retail banking franchise is one of the stronger ones in Canada. Over 4.5% yield.
DON'T BUY
Cheapest of the bunch. They made a mess of futures contracts. It is one of the best yields. He preferred TD or RY or BMO. He probably would not buy it here but they are cheap on a statistical basis. Watch consumer loans and the growth is coming from capital markets and wealth markets. CM is most exposed to consumer and mortgage loans than any other Canadian bank and that may drag on them.
BUY
It is quite a bit cheaper than the rest of the banks, but at some point it may have gotten too cheap. BNS-T is his favourite bank right now. He also likes NA-T. He is very bullish on Canadian Banks
HOLD
Coming out with earnings next Thursday so watch for this very closely. Chart shows it has done pretty well what the other banks have done. Just came to a new high in the last couple of days. He expects this will continue to test the high of around $86.
BUY
Not his favourite bank. He prefers Toronto Dominion (TD-T) and National (NA-T). Very hard to go too far wrong on Canadian banks. If you are going to buy Canadian banks, you are probably best to buy a couple of them.
TOP PICK
Made great strides in the last few years in de-risking the bank. Boosted their wealth management operations and he expects to see more improvements in this area. Less exposed to structured credit than what they have been. Have a compelling multiple compared to the group. Dividend yield in excess of 5%.
WEAK BUY
Neutral on banking in Canada. Likes dividend of 4.8%. This and TD are the more solid bank names. He prefers BMO covered call ETF instead.
COMMENT
Holding up better than other banks because it has a larger retail franchise and is less dependant on capital markets than some others. As a safe haven in the Cdn banking space, probably a good place to look at.
DON'T BUY
How would you view Canadian banks on the long-term? This bank is not doing well. It broke down through the up trend line and is now struggling to hold at around $68. All the banks are having major problems.
BUY
Over the years has made its share of mistakes so has always sold at a discounted multiple to the group. On an ROE basis it is probably one of the most profitable banks. In the last few years, they have taken significant steps to de-risk this bank. Yield of close to 5%. (See Top Picks.)
PAST TOP PICK
(A Top Pick Sept 10/10. Up 0.81%.) Outlook for Canadian banks is good on a relative basis with attractive yields but doesn't see much opportunity for increased dividends or earnings growth.
BUY
Significant exposure to Canadian consumer. Recently acquired an investment company in the US, which will be accretive next year. You could see a very competitive environment in Canada and it could put pressure on the price.
DON'T BUY
Canadian banks have done a brilliant job of not losing money. Trading at a premium at 2X BV and doesn't know if they have much more room. This one trades at a higher BV so he prefers Toronto Dominion (TD-T) and Royal (RY-T).
COMMENT
Has to live a little with its past history. One of the banks that has never got back to where it was before 2008. Has made a few mistakes in the US in the past. This one is in the lower tier of the big 5 banks. Have cleaned up their act and the stock is a lot better. Not his #1 choice.
BUY
Made interesting acquisition in the US and looks like an interesting, accretive one where they will invest capital – have a mutual fund business. Done a good job of diversifying. His concern is that if there is a mud-hole out there, they seem to fall into it. Likes the other banks better.
Showing 526 to 540 of 1,096 entries