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
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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
DON'T BUY
Have no US retail or US capital markets. Have already written off their bad assets. Seem to be more of a low risk bank now. Has probably had its run.
COMMENT
Has been in a downward trend. Look for signs that it is trying to bottom.
COMMENT
Preferred shares: Any danger of dividends being cut or delayed? Have a very good Canadian retail franchise. Also have exposure to the US in structured products and have taken huge losses and there is probably still more to come. Doesn't think they will cut the dividends.
COMMENT
Not a fan of management. Really got knocked down in the last 1.5 years relative to the other banks. Doesn't have the same level of risk because of what happened in the past. Probably the least riskiest of the banks.
TRADE
Bank with the greatest risk. The rescue package in the US could have a direct effect on CIBC.
BUY
Upgraded by RBC and Nesbitt Burns. Still write offs to come. Most depressed of Canadian banks.
TOP PICK
Buy CIBC and Sell CIBC Jan 64 Calls. A basic “Call Right” on CIBC. One of the more volatile banks. The options trade at the highest premiums. The $64 level is kind of attractive. The return on this is about 8% between now and January if it is above $64.
COMMENT
(Market Call Minute.) The Canadian bank that has performed the worst and will rebound the most.
DON'T BUY
Has a well-deserved reputation of being the riskiest bank in Canada.
WAIT
(Market Call Minute.) Still facing some headwinds. If you are looking at this one, wait until they actually report.
COMMENT
Had very disappointing performance this year but is not remotely in danger of failure.
PAST TOP PICK
(A Top Pick Aug 31/07. Down 35%.) Current valuation is ridiculous. This is a retail bank and retail is 70%-75% of their operations. Should earn over $7 in cash earnings this year and $7.50 next year. Still a Buy.
PAST TOP PICK
(A Top Pick Sept 12/07. Down 44%.) Ended up with more impact on the US side than expected. Odds are they're going to have to take another $1 billion or so write-downs again. Sold some of his holdings. Looking for better times once we are through this difficult period. Always buys this as a pairs trade with Bank of Nova Scotia (BNS-T)
DON'T BUY
Has traded up underneath the point that it has broken down on the last leg down. Expect this will pose some resistance technically.
COMMENT
(Put Options) A Put is protecting your downside, which is a wise move. (Like buying insurance on your stock.) Not a fan of banks right now. You might consider HBP Global Gold Bear (HFD-T), which is a great way to short the Canadian Financial industry.
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