CM FY2025 EPS Forecast Reduced by National Bank Financial

Canadian Imperial Bank of Commerce (NYSE:CM - Free Report) TSE: CM - Equities research analysts at National Bank Financial cut their FY2025 earnings estimates for Canadian Imperial Bank of Commerce in a research report issued to clients and investors on Thursday, December 5th. National Bank Financial analyst G. Dechaine now anticipates that the bank will earn $5.62 per share for the year, down from their previous forecast of $5.71. The consensus estimate for Canadian Imperial Bank of Commerce's current full-year earnings is $5.49 per share. National Bank Financial also issued estimates for Canadian Imperial Bank of Commerce's Q4 2025 earnings at $1.36 EPS and FY2026 earnings at $6.12 EPS.

Other equities research analysts also recently issued reports about the stock. Cormark raised shares of Canadian Imperial Bank of Commerce from a "hold" rating to a "moderate buy" rating in a report on Friday, August 30th. Bank of America upgraded shares of Canadian Imperial Bank of Commerce from a "neutral" rating to a "buy" rating in a report on Friday, August 30th. BMO Capital Markets upped their price target on Canadian Imperial Bank of Commerce from $77.00 to $81.00 and gave the company an "outperform" rating in a report on Friday, August 30th. Royal Bank of Canada restated a "sector perform" rating and issued a $97.00 target price (up from $74.00) on shares of Canadian Imperial Bank of Commerce in a report on Friday. Finally, StockNews.com raised Canadian Imperial Bank of Commerce from a "sell" rating to a "hold" rating in a research report on Friday. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, Canadian Imperial Bank of Commerce presently has an average rating of "Moderate Buy" and an average price target of $89.00.

Canadian Imperial Bank of Commerce Price Performance

NYSE:CM traded down $0.48 during midday trading on Monday, hitting $66.18. 953,351 shares of the stock were exchanged, compared to its average volume of 1,362,092. The company has a market capitalization of $62.51 billion, a price-to-earnings ratio of 12.46, a P/E/G ratio of 1.76 and a beta of 1.06. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.14. Canadian Imperial Bank of Commerce has a one year low of $42.59 and a one year high of $67.14. The business has a 50-day moving average price of $63.10 and a two-hundred day moving average price of $56.16.

Canadian Imperial Bank of Commerce Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 28th. Investors of record on Friday, December 27th will be issued a dividend of $0.6912 per share. This is an increase from Canadian Imperial Bank of Commerce's previous quarterly dividend of $0.65. This represents a $2.76 annualized dividend and a yield of 4.18%. The ex-dividend date is Friday, December 27th. Canadian Imperial Bank of Commerce's dividend payout ratio (DPR) is currently 49.91%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CM. Cetera Investment Advisers raised its position in shares of Canadian Imperial Bank of Commerce by 59.7% in the 1st quarter. Cetera Investment Advisers now owns 47,872 shares of the bank's stock valued at $2,428,000 after acquiring an additional 17,894 shares during the period. Lantz Financial LLC boosted its stake in Canadian Imperial Bank of Commerce by 7.1% in the 2nd quarter. Lantz Financial LLC now owns 5,824 shares of the bank's stock valued at $277,000 after purchasing an additional 385 shares during the period. Simplicity Wealth LLC grew its stake in shares of Canadian Imperial Bank of Commerce by 3.9% in the second quarter. Simplicity Wealth LLC now owns 6,448 shares of the bank's stock valued at $307,000 after acquiring an additional 240 shares in the last quarter. Addenda Capital Inc. raised its position in shares of Canadian Imperial Bank of Commerce by 57.7% in the second quarter. Addenda Capital Inc. now owns 409,201 shares of the bank's stock valued at $19,453,000 after buying an additional 149,681 shares in the last quarter. Finally, Naples Global Advisors LLC raised its position in shares of Canadian Imperial Bank of Commerce by 2.4% in the 2nd quarter. Naples Global Advisors LLC now owns 89,630 shares of the bank's stock valued at $4,317,000 after buying an additional 2,143 shares in the last quarter. 49.88% of the stock is owned by institutional investors.

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.