TSE:CM
Canadian Imperial Bank of Commerce (CM.TO)
Financials 
Technical Analysis 
Sep 5, 2026, 12:00 amThis summary was created by AI, based on 16 opinions in the last 12 months.
The Canadian Imperial Bank of Commerce (CM-T) continues to garner positive attention from analysts, who highlight its solid financial performance and strategic positioning within the Canadian banking sector. Recent earnings reports show a notable increase in net income, driven largely by growth in U.S.-based business operations. Experts stress the bank's strong capital position, aided by a favorable regulatory environment, which allows it to lend more effectively. While some analysts caution about its concentrated exposure to the Canadian consumer, others see potential upside given the current valuation compared to its peers. There are also concerns regarding the broader economic context, with some experts advising caution in taking profits, signaling a mixed but generally optimistic outlook for the bank.
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Premium contentWe again reiterate this stalwart Canadian institution as a TOP PICK. Recently reported earnings showed a 28% increase in net income (led by a 55% increase in US based business) along with a profit margin of 27%. We like that cash reserves are growing, while debt is retired and shares bought back. It trades at 16x earnings, 2.5x book and supports a 16% ROE. We recommend trailing up the stop (from $140) to $152, looking for $190 -- upside potential of 16%. Yield 2.5%
(Analysts’ price target is $168.00)
Premium contentWe reiterate CM as a TOP PICK. If you are banking on the Canadian economy finding its direction thru infrastructure and energy development, the company is well positioned to benefit. It trades at 15x earnings, 2.4x book and supports a ROE of 16%. We like that cash reserves are growing, while shares are aggressively bought back and debt is retired. We continue to recommend a stop at $140, looking to achieve $179 -- upside potential of 16%. Yield 2.8%
(Analysts’ price target is $156.50)
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We're speculating what will happen. Last year, most of the Canadian area was protected from tariffs because of CUSMA. The US would be paying more for our goods through tariffs; they buy many of our goods. Banks are at the tail end of their elevated provisions and their stocks have done quite well as interest rates have declined. The Bank of Canada has signalled it may hold rates for a while, but the government has released more fiscal support and opening more trade channels, which are good. She remains bullish banks.
Premium contentCM is one of five Canadian banks who have partnered to create the Defense, Security, and Resilience Bank (DSRB) designed to provide funding to the Government of Canada's commitment to boost military spending. We think the DSRB will create another avenue for business growth in the years to come. It trades at 16x earnings, 2.1x book and supports a 14% ROE. We like that cash reserves are growing, while debt is retired and shares bought back. Its dividend is backed by a payout ratio at 45% of cash flow. We recommend setting a stop-loss at $117, looking to achieve $154 -- upside potential of 15%. Yield 3.0%
(Analysts’ price target is $130.77)
The new infrastructure projects that Ottawa has announced will benefit the banks. NA is more Canadian than CIBC, though both are. Big projects need a lot of funding, and the banks' job is to find that capital. CM is pretty well priced now.
Michael Sprung
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Canadian Imperial Bank of Commerce (CM.TO) Frequently Asked Questions
What is Canadian Imperial Bank of Commerce stock symbol?
Canadian Imperial Bank of Commerce is a Canadian stock, trading under the symbol CM.TO (previously CM-T on Stockchase) on the Toronto Stock Exchange (CM-CT). It is usually referred to as TSX:CM or CM.TO
Is Canadian Imperial Bank of Commerce a buy or a sell?
In the last year, 17 stock analysts issued a Buy, Sell, or Hold rating on CM.TO (previously CM-T on Stockchase). 12 analysts recommended to BUY and 4 analysts recommended to SELL the stock. The latest stock analyst rating is HOLD. Read the latest stock experts' ratings for Canadian Imperial Bank of Commerce.
Is Canadian Imperial Bank of Commerce a good investment or a top pick?
Canadian Imperial Bank of Commerce was recommended as a Top Pick by Andrew Pink on 2026-07-24. Read the latest stock experts ratings for Canadian Imperial Bank of Commerce.
Why is Canadian Imperial Bank of Commerce stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Canadian Imperial Bank of Commerce.
Is Canadian Imperial Bank of Commerce worth watching?
Canadian Imperial Bank of Commerce is followed by 1037 investors on Stockchase and is a trending stock that is worth watching.
What is Canadian Imperial Bank of Commerce stock price?
On 2026-09-04, Canadian Imperial Bank of Commerce (CM.TO) stock closed at a price of $162.75.
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He'd hold. Despite the incredible chart, the banks are very well positioned. Benefitting from GenAI and AI investments. Regulatory environment is in their favour with OSFI lowering threshold for risk-weighted assets, which means they have more capital to lend. Consumer is reasonably healthy. As long as interest rates don't go flying through the roof anytime soon, the banks can continue to do well.