National Bank Financial Comments on TSE:CM FY2026 Earnings

Canadian Imperial Bank of Commerce (TSE:CM - Free Report) NYSE: CM - National Bank Financial increased their FY2026 earnings per share (EPS) estimates for Canadian Imperial Bank of Commerce in a research report issued on Thursday, December 5th. National Bank Financial analyst G. Dechaine now anticipates that the company will post earnings of $8.62 per share for the year, up from their previous forecast of $8.49. The consensus estimate for Canadian Imperial Bank of Commerce's current full-year earnings is $6.41 per share.

Other research analysts also recently issued research reports about the company. Desjardins boosted their price target on Canadian Imperial Bank of Commerce from C$77.00 to C$83.00 and gave the company a "buy" rating in a report on Friday, August 30th. Cormark boosted their price target on Canadian Imperial Bank of Commerce from C$99.00 to C$104.00 in a report on Friday. Barclays upped their target price on Canadian Imperial Bank of Commerce from C$71.00 to C$77.00 and gave the stock an "underweight" rating in a report on Friday, August 30th. BMO Capital Markets upped their target price on Canadian Imperial Bank of Commerce from C$81.00 to C$99.00 in a report on Monday, November 18th. Finally, Bank of America upgraded Canadian Imperial Bank of Commerce from a "neutral" rating to a "buy" rating and upped their target price for the stock from C$74.00 to C$90.00 in a report on Friday, August 30th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$90.00.

Canadian Imperial Bank of Commerce Stock Down 0.5 %

Shares of TSE CM traded down C$0.49 during midday trading on Monday, reaching C$93.86. The company had a trading volume of 4,163,309 shares, compared to its average volume of 3,721,790. Canadian Imperial Bank of Commerce has a one year low of C$57.96 and a one year high of C$94.81. The firm's fifty day moving average price is C$87.30 and its 200-day moving average price is C$76.40. The stock has a market cap of C$88.69 billion, a PE ratio of 13.58, a price-to-earnings-growth ratio of 3.03 and a beta of 1.12.

Canadian Imperial Bank of Commerce Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 28th. Shareholders of record on Friday, December 27th will be issued a $0.97 dividend. This is an increase from Canadian Imperial Bank of Commerce's previous quarterly dividend of $0.90. This represents a $3.88 dividend on an annualized basis and a yield of 4.13%. Canadian Imperial Bank of Commerce's dividend payout ratio is presently 52.10%.

Insider Buying and Selling at Canadian Imperial Bank of Commerce

In related news, Director Harry Kenneth Culham sold 50,000 shares of the stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of C$83.42, for a total transaction of C$4,170,750.00. Also, Senior Officer Christina Charlotte Kramer sold 37,022 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of C$83.40, for a total transaction of C$3,087,634.80. In the last quarter, insiders sold 147,527 shares of company stock worth $12,287,957. Insiders own 0.02% of the company's stock.

About Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S.