Brokers Set Expectations for CM Q1 Earnings

Canadian Imperial Bank of Commerce (NYSE:CM - Free Report) TSE: CM - Investment analysts at Desjardins issued their Q1 2025 earnings per share estimates for shares of Canadian Imperial Bank of Commerce in a note issued to investors on Thursday, December 5th. Desjardins analyst D. Young forecasts that the bank will earn $1.26 per share for the quarter. The consensus estimate for Canadian Imperial Bank of Commerce's current full-year earnings is $5.49 per share. Desjardins also issued estimates for Canadian Imperial Bank of Commerce's Q4 2025 earnings at $1.40 EPS, FY2025 earnings at $5.43 EPS and FY2026 earnings at $5.82 EPS.

A number of other research firms have also recently weighed in on CM. Cormark raised 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 Canadian Imperial Bank of Commerce from a "neutral" rating to a "buy" rating in a report on Friday, August 30th. StockNews.com upgraded shares of Canadian Imperial Bank of Commerce from a "sell" rating to a "hold" rating in a research report on Friday. BMO Capital Markets raised their price target on shares of Canadian Imperial Bank of Commerce from $77.00 to $81.00 and gave the stock an "outperform" rating in a report on Friday, August 30th. Finally, Royal Bank of Canada reissued a "sector perform" rating and set a $97.00 price objective (up from $74.00) on shares of Canadian Imperial Bank of Commerce in a research report on Friday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $89.00.

Canadian Imperial Bank of Commerce Stock Down 0.7 %

Shares of CM stock traded down $0.44 during trading hours on Monday, reaching $66.22. 1,110,327 shares of the company's stock were exchanged, compared to its average volume of 1,364,546. The stock has a market cap of $62.55 billion, a PE ratio of 12.38, a PEG ratio of 1.76 and a beta of 1.06. Canadian Imperial Bank of Commerce has a 1 year low of $42.59 and a 1 year high of $67.14. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.14. The stock's fifty day moving average price is $63.19 and its two-hundred day moving average price is $56.29.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CM. Toronto Dominion Bank boosted its holdings in shares of Canadian Imperial Bank of Commerce by 17.9% in the 2nd quarter. Toronto Dominion Bank now owns 25,941,777 shares of the bank's stock valued at $1,233,272,000 after buying an additional 3,942,894 shares during the period. National Bank of Canada FI lifted its position in Canadian Imperial Bank of Commerce by 26.8% in the second quarter. National Bank of Canada FI now owns 18,340,869 shares of the bank's stock worth $867,377,000 after purchasing an additional 3,875,280 shares during the period. Cibc World Market Inc. grew its holdings in Canadian Imperial Bank of Commerce by 18.9% during the second quarter. Cibc World Market Inc. now owns 19,748,305 shares of the bank's stock worth $938,834,000 after acquiring an additional 3,143,734 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in shares of Canadian Imperial Bank of Commerce by 61.7% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 7,030,130 shares of the bank's stock worth $334,321,000 after purchasing an additional 2,681,428 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Canadian Imperial Bank of Commerce by 14.0% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 10,641,498 shares of the bank's stock valued at $652,676,000 after acquiring an additional 1,305,665 shares during the last quarter. Institutional investors and hedge funds own 49.88% of the company's stock.

Canadian Imperial Bank of Commerce Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 28th. Stockholders of record on Friday, December 27th will be paid a $0.6912 dividend. The ex-dividend date is Friday, December 27th. 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 dividend yield of 4.17%. Canadian Imperial Bank of Commerce's dividend payout ratio is 49.91%.

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.