TSE:CM
Canadian Imperial Bank of Commerce (CM.TO)
Financials 
Technical Analysis 
Jun 1, 2026, 12:00 amThis summary was created by AI, based on 17 opinions in the last 12 months.
Canadian Imperial Bank of Commerce (CIBC), symbol CM-T, has garnered mixed reviews from analysts. While some experts highlight the bank's strong positioning and recent growth, particularly with its middle-class consumer focus and involvement in new government initiatives like the Defense, Security, and Resilience Bank (DSRB), there are concerns over its heavy reliance on Canadian markets and consumer mortgages. Several analysts suggest it might not be the right time to significantly invest more in Canadian banks due to high valuations and potential economic fragility across Canada. Nonetheless, the bank has shown promising earnings growth and supports a healthy dividend, indicating a balanced performance amid caution towards the broader market's volatility. The consensus is to exercise discipline while taking advantage of strategic entry points.
;fill-opacity:1;'/%3e%3cpath%20d='M31%2018.6001V30H8V18.6001L14.1334%2022.4334L19.4999%2014L24.8669%2022.4334L31%2018.6001Z'%20fill='%23EE5432'%20style='fill:%23EE5432;fill:color(display-p3%200.9340%200.3310%200.1956);fill-opacity:1;'/%3e%3c/svg%3e){kind=small}
Premium content
Premium content
Premium content
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
The chart shows a V-shaped recovery since April's tariff worries. In Canada, interest rates have been cut aggressively, so the Canadian banks have skated through. Wealth management divisions are strong. Loan loss provisions are down. NA and RY are the best, but CM and BMO are reporting much better earnings, which catches his attention.
Great performer. CEO retiring. Pretty good momentum. Likes the path they're on, brand has been revived. Question on Canadian consumer and credit, along with upcoming mortgage renewals. Cautious on all banks. Wait for a better entry point.
Ryan Bushell'%20fill='%23ffffff'%3e%3cg%20id='Pager'%20transform='translate(423.000000,%201755.000000)'%3e%3cpath%20d='M243.295367,17.286474%20C243.68919,16.9045087%20244.327703,16.9045087%20244.721525,17.286474%20L249,21.4361302%20L253.278475,17.286474%20C253.672297,16.9045087%20254.31081,16.9045087%20254.704633,17.286474%20C255.098456,17.6684393%20255.098456,18.2877274%20254.704633,18.6696927%20L249.35654,23.856763%20C249.159628,24.0477457%20248.840372,24.0477457%20248.64346,23.856763%20L243.295367,18.6696927%20C242.901544,18.2877274%20242.901544,17.6684393%20243.295367,17.286474%20Z'%20id='Path'%20transform='translate(249.000000,%2020.500000)%20rotate(-90.000000)%20translate(-249.000000,%20-20.500000)%20'%3e%3c/path%3e%3c/g%3e%3c/g%3e%3c/g%3e%3c/svg%3e)
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, 15 stock analysts published opinions about CM.TO (previously CM-T on Stockchase). 10 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation 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 Ryan Bushell on 2025-08-15. 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 help on deciding if you should buy, sell or hold the stock.
Is Canadian Imperial Bank of Commerce worth watching?
15 stock analysts on Stockchase covered Canadian Imperial Bank of Commerce in the last year. It is a trending stock that is worth watching.
What is Canadian Imperial Bank of Commerce stock price?
On 2026-06-01, Canadian Imperial Bank of Commerce (CM.TO) stock closed at a price of $146.70.
With little US or international exposure, heavily tilted toward Canadian consumers and residential mortgages, which is a risk in a potential recession.