Desjardins Has Positive Estimate for TSE:CM Q2 Earnings

Canadian Imperial Bank of Commerce (TSE:CM - Free Report) NYSE: CM - Research analysts at Desjardins lifted their Q2 2025 earnings estimates for shares of Canadian Imperial Bank of Commerce in a research note issued to investors on Thursday, February 27th. Desjardins analyst D. Young now expects that the company will post earnings per share of $1.90 for the quarter, up from their prior forecast of $1.88. The consensus estimate for Canadian Imperial Bank of Commerce's current full-year earnings is $6.41 per share. Desjardins also issued estimates for Canadian Imperial Bank of Commerce's Q3 2025 earnings at $2.04 EPS, Q4 2025 earnings at $2.01 EPS, FY2025 earnings at $8.15 EPS and FY2026 earnings at $8.50 EPS.

Several other research analysts have also recently issued reports on the company. TD Securities dropped their price objective on Canadian Imperial Bank of Commerce from C$100.00 to C$99.00 and set a "buy" rating on the stock in a research note on Friday, February 28th. National Bankshares increased their price target on Canadian Imperial Bank of Commerce from C$86.00 to C$94.00 in a research report on Wednesday, November 20th. Royal Bank of Canada raised their price target on Canadian Imperial Bank of Commerce from C$103.00 to C$108.00 in a research note on Friday, February 28th. Canaccord Genuity Group upped their price objective on shares of Canadian Imperial Bank of Commerce from C$92.00 to C$99.00 in a research note on Friday, December 6th. Finally, BMO Capital Markets raised their target price on shares of Canadian Imperial Bank of Commerce from C$81.00 to C$99.00 in a research report on Monday, November 18th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of C$93.50.

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Canadian Imperial Bank of Commerce Price Performance

Shares of TSE:CM traded down C$2.26 during trading on Monday, reaching C$81.23. 5,390,496 shares of the company were exchanged, compared to its average volume of 3,435,856. The business's fifty day simple moving average is C$89.00 and its 200-day simple moving average is C$86.27. Canadian Imperial Bank of Commerce has a 12-month low of C$64.02 and a 12-month high of C$95.50. The firm has a market capitalization of C$76.00 billion, a PE ratio of 10.73, a P/E/G ratio of 3.03 and a beta of 1.12.

Insider Transactions at Canadian Imperial Bank of Commerce

In other news, Senior Officer Susan Rimmer sold 1,000 shares of the company's stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of C$93.14, for a total transaction of C$93,140.00. Also, Director Victor George Dodig sold 150,000 shares of the stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of C$94.22, for a total transaction of C$14,132,865.00. Insiders have sold a total of 177,012 shares of company stock valued at $16,687,218 in the last 90 days. Insiders own 0.02% of the company's stock.

Canadian Imperial Bank of Commerce Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 28th will be issued a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a dividend yield of 4.78%. Canadian Imperial Bank of Commerce's dividend payout ratio is currently 47.55%.

Canadian Imperial Bank of Commerce Company Profile

Canadian Imperial Bank of Commerce is Canada's fifth- largest bank, operating three business segments: retail and business banking, wealth management, and capital markets. It serves approximately 11 million personal banking and business customers, primarily in Canada.