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.
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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
HOLD
A little disappointed with their last earnings release so he is having a good hard look at the position. Reasonable multiple and reasonable yield. Would prefer Toronto Dominion (TD-T).
TOP PICK
9.976% bonds maturing 6/30/19. Recently issued. Very solid balance sheet. Good company and he doesn't see much maturity risk.
COMMENT
More of a higher risk in Canadian banks. Had tried to be in the global investment banking, which starved their retail banks for capital. If you are a trader, you could buy when it is trading at a multiple to huge discount to the bank index and sell it at a premium.
PARTIAL BUY
Dividend yields on the banks are very attractive. Pullback could occur over the summer. If you have a reasonable timeframe of 3 to 5 years, this is not a bad entry point, but you can buy it in pieces..
BUY
The most levered to a recover of the big 6. Most punished on the way down and deservedly. Over next couple of years could see earnings in range of $6-7/share
PAST TOP PICK
(A Top Pick March 5/08. Down 36.2%.) On a risk weighted basis, probably has greatest potential of capital appreciation, but also greatest potential for price volatility.
COMMENT
10% capital note with 100-year maturity. Cautious about these hybrid securities. He didn't participate in the offerings. Don't treat it as fixed income, but treat it as a preferred share.
COMMENT
(Preferred A) She would be highly confident that they would pay their preferred dividends. About 7% yield.
PAST TOP PICK
(A Top Pick Jan 8/08. Down 28.3%.) Will have to be even more patient with the banks. Amongst the big 5 this one probably has the greatest risk/reward potential. Core earnings are potentially about $7 a share.
BUY
(Market Call Minute.) Would buy it but would write a call option against it.
COMMENT
Preferred Shares. Outlook is neutral in his model. Earnings have been revised downward 15%. There are concerns for dividend cuts in the Canadian banks but preferreds would likely keep on paying.
BUY
(Market Call Minute.) Reasonable buy at the present time.
BUY
(Market Call Minute.) Very strong capital ratios. Dividends are safe. Expecting a turnaround in the next little while.
BUY
Thinks you can buy the banks at these prices. Will be hurt by the spread narrowing but dividends are good. See them going much lower than where they are now.
COMMENT
Has concerns. Rate of profit decline is significant. Also has some CDO exposure.
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