TSE:CM

Canadian Imperial Bank of Commerce (CM.TO)

166.97
+3.44 (2.10%)
as of Jul 10, 2026, 8:00:00 pm Market Open.
1039 watching
0
Investor Insights
star iconJul 12, 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), with the ticker symbol CM-T, has garnered substantial interest from analysts, many of whom deem it a solid investment prospect. Recent earnings reports indicate a notable 28% increase in net income, bolstered by a 55% surge in U.S. operations. CIBC exhibits strong financial fundamentals, such as growing cash reserves, a healthy profit margin of around 27%, and an impressive 16% return on equity (ROE). However, experts also express caution regarding its heavy exposure to the Canadian consumer market, particularly in the residential mortgage sector, which could pose risks amidst a potential recession. Overall, while some analysts recommend a strategic increase in investment, opinions are divided regarding the timing and valuation of this stock in the broader market context.

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Consensus
Mixed
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Valuation
Fair Value
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RY
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.
BUY
Has completed an A B C correction and the trend line is intact. Has a lot of volume. Thinks it goes higher.
HOLD
Don’t buy any more until the $72 area. Be patient. It has a 10% upside, but it is above its model price.
HOLD
When the market was hitting its low in 2009, all the bank stocks hit a low and started a new up leg. Then developed an upward trending channel. We are now 2 years into the bull market when banks some times start to slow down. Be aware that it s not going to have the same exciting move as it did moving from $37 to $70. Keep an eye on the 200 day moving average, which it is still above.
TOP PICK
Has the highest dividend and the cheapest valuation and banks do tend to revert to the mean, so that those that underperform, tend to pull up their socks. Looks very good on a technical basis. Over 4% yield.
WATCH
Banks have recovered nicely from the bottom and have good earnings visibility. This is the year when they will start increasing their dividends. This one is going through an internal transformation and is de-risking their business. Talking about expanding into global markets so watch to see how they do.
WAIT
Would like to see them get their act together a bit more. Get rid of some of the overhang questions that relate to write offs, etc.
COMMENT
Looking for a dividend increases in the 1st half of the year but is probably already largely built into the stock price. There could be a slight stock price increase when this happens.
BUY
Getting more positive on this bank. Banks will see slower growth in earnings. Of the Big 5, those with better domestic operations will do better and this is one of the best.
BUY
Cdn banks have lagged. Expects there will be increases in bank dividends but not until well into 2011, except for Toronto Dominion (TD-T), which will be the first to go. This one is fine but would not be her Top 2 banks. (See Top Picks.)
COMMENT
Within the Big 5, Toronto Dominion (TD-T) and CIBC (CM-T) are his favourites. This one has a very decent dividend. If you are looking for dividend growth, look at TD who will increase their dividends by about 8.5% per year over the next 3 years. CIBC is looking at about 3.7%.
COMMENT
Assessing risk management relative to other banks? Great question, particularly for this bank. Had a relatively poor showing last 10-15 years. Trades at a discount multiple because of this. Now an opportunity since they have now exited all those other riskier businesses.
DON'T BUY
Not crazy about banks from an earnings standpoint. Housing market is slowing down, which is a big part of their loan books. Doesn't expect unusual performance out of any of them. Least expensive bank so has the highest yield.
BUY ON WEAKNESS
It is the bank that everyone loves to hate. Made its share of tactical errors over time. Sell at somewhat of a discount to the group. Have more leverage in their earnings. Can earn $7.50 a share over the next couple of years. Thinks he will see more capital appreciation.
TOP PICK
Banks will have excess capital so should be able to crank up dividends. This one is forecast to have $6.37 earnings for Oct/10 year growing to $7.80 for 2011. PE to growth of about 8X. ROE 22.6% on forecast earnings. 4.7% yield.
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