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Canadian Imperial Bank of Commerce

CM-T

TSE:CM

144.23
0.81 (0.56%)
The Canadian Imperial Bank of Commerce, commonly referred to as CIBC, is one of the Big Five banks in Canada. The bank is headquartered at Commerce Court in Toronto, Ontario. CIBC's Institution Number is 010, and its SWIFT code is CIBCCATT.
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Analysis and Opinions about CM-T

Signal
Opinion
Expert
Chart
BUY
BUY
July 20, 2021
Likes it. More Canadian-centric than their peers. The banks are delivering very good ROE, though not sure if they can maintain that. CM pays a dividend over 4%. It's well-managed.
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Likes it. More Canadian-centric than their peers. The banks are delivering very good ROE, though not sure if they can maintain that. CM pays a dividend over 4%. It's well-managed.
Michael Sprung
Price
$141.460
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
June 18, 2021

Took some profits on Canadian banks just after earnings. When stocks stop rising on good news, take some profits. Across the board, banks beat expectations. Still owns this, BMO and BNS. Dividend is safe and capital levels are so high right now, you will see buybacks being allowed back along with dividend increases. Will buy when there is some weakness.

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Took some profits on Canadian banks just after earnings. When stocks stop rising on good news, take some profits. Across the board, banks beat expectations. Still owns this, BMO and BNS. Dividend is safe and capital levels are so high right now, you will see buybacks being allowed back along with dividend increases. Will buy when there is some weakness.

John Zechner
Price
$144.710
Owned
Yes
DON'T BUY
DON'T BUY
June 14, 2021
With rates moving up since last summer it has been positive for the lenders. This is more of the driver of the business than any company-specific story. The story is muddier now so she is not going into it.
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With rates moving up since last summer it has been positive for the lenders. This is more of the driver of the business than any company-specific story. The story is muddier now so she is not going into it.
Jennifer Radman
Price
$144.380
Owned
No
HOLD
HOLD
May 26, 2021

Tends to lag in all but very strong market conditions. One of the more aggressive of the Canadian banks. He's cautious. A very positive macro environment has created the returns you'd expect from the banks. He favours BMO or NA as, when regulatory restrictions are lifted, these are the two most likely to hike dividends.

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Tends to lag in all but very strong market conditions. One of the more aggressive of the Canadian banks. He's cautious. A very positive macro environment has created the returns you'd expect from the banks. He favours BMO or NA as, when regulatory restrictions are lifted, these are the two most likely to hike dividends.

Kevin Burkett
Price
$137.090
Owned
Unknown
BUY
BUY
May 25, 2021
Allan Tong’s Discover Picks CM stock has climbed nearly 17% year-to-date, even beating the traditional sector leader, Royal Bank, which has gained less than 13%. CM stock still trades cheaper than other TSX stock peers, though the gap has narrowed. CM stock’s PE now stands at 14.8x while RY’s is 15.3x. However, TD trades at 13.4x. Any of the big banks is a buy. However, one knock against CIBC is its weak presence in the U.S. CIBC is overlooked like the middle child in a family as investors focus on Royal and TD, but historically the underperforming bank stock one year tends to outperform the next, so 2021 could be CIBC’s year. Read 3 Enticing TSX Stocks: Banks, REITs and Tech for our full analysis.
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Allan Tong’s Discover Picks CM stock has climbed nearly 17% year-to-date, even beating the traditional sector leader, Royal Bank, which has gained less than 13%. CM stock still trades cheaper than other TSX stock peers, though the gap has narrowed. CM stock’s PE now stands at 14.8x while RY’s is 15.3x. However, TD trades at 13.4x. Any of the big banks is a buy. However, one knock against CIBC is its weak presence in the U.S. CIBC is overlooked like the middle child in a family as investors focus on Royal and TD, but historically the underperforming bank stock one year tends to outperform the next, so 2021 could be CIBC’s year. Read 3 Enticing TSX Stocks: Banks, REITs and Tech for our full analysis.
BUY
BUY
April 21, 2021

His favourite of the Canadian banks right now. Around 8-10x earnings. Good yield relative to some of the others. Price to book is at the mid-lower end. He also likes RY and BNS.

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His favourite of the Canadian banks right now. Around 8-10x earnings. Good yield relative to some of the others. Price to book is at the mid-lower end. He also likes RY and BNS.

Michael Sprung
Price
$123.990
Owned
Unknown
BUY
BUY
March 9, 2021

It's a lot more competitively priced than Royal. It trades at 1.4x book and pays a safe dividend over 4.5%. He expects growth in the coming years. The banks have been unable to raise dividends, but that's likely to change if the recovery takes hold.

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It's a lot more competitively priced than Royal. It trades at 1.4x book and pays a safe dividend over 4.5%. He expects growth in the coming years. The banks have been unable to raise dividends, but that's likely to change if the recovery takes hold.

Michael Sprung
Price
$123.840
Owned
Yes
TOP PICK
TOP PICK
December 29, 2020
The banks lagged this past year, but their earnings delivered as capital markets delivered. Interest rates have hurt this year, but should tick higher in the future. The banks hold excess capital. They've more than covered loan-loss provisions. They will buy back shares again and do acquisitions. He now likes Canadian banks for the first time in a while. (Analysts’ price target is $120.16)
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The banks lagged this past year, but their earnings delivered as capital markets delivered. Interest rates have hurt this year, but should tick higher in the future. The banks hold excess capital. They've more than covered loan-loss provisions. They will buy back shares again and do acquisitions. He now likes Canadian banks for the first time in a while. (Analysts’ price target is $120.16)
John Zechner
Price
$109.740
Owned
Yes
PAST TOP PICK
PAST TOP PICK
August 18, 2020
(A Top Pick Jul 16/19, Up 1%) It's the best performer of the big 5 banks and pays the second-highest dividend that'll make up most of returns. Don't expect share appreciation in banks, but still a solid business with banks getting a piece of the equity management business. But the lending spread will be challenged for some time for banks. He has reduced his bank exposure overall, seeing challenges in banks for a while to come.
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(A Top Pick Jul 16/19, Up 1%) It's the best performer of the big 5 banks and pays the second-highest dividend that'll make up most of returns. Don't expect share appreciation in banks, but still a solid business with banks getting a piece of the equity management business. But the lending spread will be challenged for some time for banks. He has reduced his bank exposure overall, seeing challenges in banks for a while to come.
Ryan Bushell
Price
$97.330
Owned
Yes
HOLD
HOLD
August 4, 2020
In Canada, the big banks are good value creators over time. However, he prefers geographic and business diversification, and CM is underdeveloped in the U.S. despite a recent purchase down there. Their asset management is a fee-based business so it isn't effected by low interest rates or loan loss provisions. Their large exposure to lending and deposit activities is a disadvantage. Historically, the big banks yield double-digit returns, including dividend, and CM grows its dividend at 7-8% yearly--but not every year, not this year. If you own, then hold. If not, look at another Canadian bank.
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In Canada, the big banks are good value creators over time. However, he prefers geographic and business diversification, and CM is underdeveloped in the U.S. despite a recent purchase down there. Their asset management is a fee-based business so it isn't effected by low interest rates or loan loss provisions. Their large exposure to lending and deposit activities is a disadvantage. Historically, the big banks yield double-digit returns, including dividend, and CM grows its dividend at 7-8% yearly--but not every year, not this year. If you own, then hold. If not, look at another Canadian bank.
Brian Madden
Price
$92.730
Owned
No
BUY
BUY
July 8, 2020

Canadian bank for dividends? For a 10-15 year time horizon, the Canadian banks are a pocket of value. They are trading less than 10 times forward earnings, which already include loan loss provisions. They have high asset qualities. Buying here is a winning formula for the long term. The dividend will pay you to wait for the market to return to normal post-pandemic. TD, RY and BNS happen to be the ones he favors for his clients. They have exposure to international markets. BNS has the best valuation and the dividend yield is better than its peers.

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Canadian bank for dividends? For a 10-15 year time horizon, the Canadian banks are a pocket of value. They are trading less than 10 times forward earnings, which already include loan loss provisions. They have high asset qualities. Buying here is a winning formula for the long term. The dividend will pay you to wait for the market to return to normal post-pandemic. TD, RY and BNS happen to be the ones he favors for his clients. They have exposure to international markets. BNS has the best valuation and the dividend yield is better than its peers.

Chris Blumas
Price
$91.350
Owned
Yes
BUY
BUY
June 29, 2020
He still likes it. It is at somewhat of a discount. It is more Canadian-centric compared to competitors. Over the next few quarters he thinks provisions for loan losses will rise. They are at a reasonable price.
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He still likes it. It is at somewhat of a discount. It is more Canadian-centric compared to competitors. Over the next few quarters he thinks provisions for loan losses will rise. They are at a reasonable price.
Michael Sprung
Price
$90.130
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
June 5, 2020
(A Top Pick Jul 15/19, Down 1%) The best performing Canadian bank of the past 12 months. It continues to go through a transition. On a long term basis, CM still has good things going for it compared to its peers, giving them an opportunity to increase market share.
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(A Top Pick Jul 15/19, Down 1%) The best performing Canadian bank of the past 12 months. It continues to go through a transition. On a long term basis, CM still has good things going for it compared to its peers, giving them an opportunity to increase market share.
Ryan Bushell
Price
$95.630
Owned
Yes
BUY
BUY
June 3, 2020
There is a nice recovery in the Canadian banking sector. This shows they have likely over reserved for credit losses. There are a lot of moving parts and he is surprised about how agreeable the banks are to deferrals of mortgages. Higher oil prices is helping as well. Now is a decent time to pick a bank for your portfolio.
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There is a nice recovery in the Canadian banking sector. This shows they have likely over reserved for credit losses. There are a lot of moving parts and he is surprised about how agreeable the banks are to deferrals of mortgages. Higher oil prices is helping as well. Now is a decent time to pick a bank for your portfolio.
James Telfser
Price
$92.460
Owned
Unknown
COMMENT
COMMENT
April 1, 2020
Preferred shares? He holds preferreds for their clients. These are senior to common stock and are more risky than bonds. The preferred market is unique to Canada and lacks liquidity at times. The yields are very attractive at 6% or higher. Just be careful of the difference between the "rate reset" offerings that renew their dividends based on the Bank of Canada interest rates. He would suggest owing the perpetual shares instead that have a constant dividend.
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Preferred shares? He holds preferreds for their clients. These are senior to common stock and are more risky than bonds. The preferred market is unique to Canada and lacks liquidity at times. The yields are very attractive at 6% or higher. Just be careful of the difference between the "rate reset" offerings that renew their dividends based on the Bank of Canada interest rates. He would suggest owing the perpetual shares instead that have a constant dividend.
Showing 1 to 15 of 986 entries

Canadian Imperial Bank of Commerce(CM-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 9

Stockchase rating for Canadian Imperial Bank of Commerce is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Canadian Imperial Bank of Commerce(CM-T) 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-T on the Toronto Stock Exchange (CM-CT). It is usually referred to as TSX:CM or CM-T

Is Canadian Imperial Bank of Commerce a buy or a sell?

In the last year, 9 stock analysts published opinions about CM-T. 6 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is BUY. 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 Michael Sprung on 2021-07-20. 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?

9 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 2021-08-04, Canadian Imperial Bank of Commerce (CM-T) stock closed at a price of $144.23.