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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.

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Consensus
Positive
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Valuation
Fair Value
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RY
COMMENT
This one depends on your time horizon. This bank had the biggest exposure to the most risky part of the business. However, looking at the valuation levels, it is the cheapest bank out there. Expects the better quality banks will move sooner but you won't get the same total return.
DON'T BUY
Not a company that weathered the major selloff since January, therefore not a great company. Look for companies that wont get hurt if a recession comes. Avoid this company.
DON'T BUY
Involved with financial market implications. Much prefers BMO.
TOP PICK
Getting better disclosure form this bank then any other. Has the best balance sheet of any bank in North America.
DON'T BUY
Have a fairly heavy exposure to the junk on their balance sheet. There will be considerable earnings about their earnings. There is a longer term downwards pressure on bank profit. Stay away from it until it gets down to its book value.
TOP PICK
The bank that everybody loves to hate. Core operating earnings are probably in the area of $8 a share. Hopefully it will be $9 a share next year. At the current price, you're going to see more performance relatives to the other banks over the next couple of years.
DON'T BUY
This is a bank that seems to find problems when they exist out there. It will take a quarter or 2 to get the whole issue flushed through the system and then you will see an improvement in the shares. Dividend looks fine for the time being. Wouldn't step in right now.
HOLD
The most accident-prone of the Canadian banks. It is still a black hole of unknowns in the financial markets globally. There could be a rally in the banks but he is not a believer yet. It is too early to Buy but if you own, Hold.
DON'T BUY
There have been untold cockroaches coming out on US, European and Canadian banks. He believes there is more to come. Of the Canadian banks, this is the most exposed, to bad loans, subprimes, etc. Could drop further.
DON'T BUY
If you are going to buy a bank, there are better choices. Wouldn't be surprised to see this one go lower. Still some potential problems.
COMMENT
15% upside on his model price.
BUY
This bank will be fine. They have the capital injection and the worst of the subprime thing seems to be over for them.
DON'T BUY
This one is not for the faint of heart. Stock is cheap and is yielding over 5%. Would be cautious.
PAST TOP PICK
(A Top Pick Sept 12/07. Down 27.4%.) Management made some terrible decisions and they have made a lot of changes in management. Now a “show me” stock. Still potential for another shoe to drop.
WATCH
Canadian bank stocks have 2 periods of seasonal strength. Next one coming up starts at the end of January and goes through until the end of May. This one has had a severe downtrend but early signs, on a momentum basis, indicate it is trying to bottom. Watch for this as a potential buy as you get close to February. Also keep an eye on the sector. Would prefer Toronto Dominion (TD-T) or Royal Bank (RY-T).
Showing 631 to 645 of 1,096 entries