CM:NYE-Canadian Imperial Bank of Commerce (USD)

EQUITY | Banks - Diversified | New York Stock Exchange

Last Closing

USD 50.23

Change

+0.35 (+0.70)%

Market Cap

USD 30.79B

Volume

1.23M

Analyst Target

USD 98.31
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Canadian Imperial Bank of Commerce is a Canadian-based financial institution. The Company serves its clients through three business including retail and business banking, wealth management and wholesale banking.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-07-16 )

Largest Industry Peers for Banks - Diversified

Symbol Name Price(Change) Market Cap
BAC Bank of America Corp

N/A

USD 336.60B
JPM-PC JPMorgan Chase & Co

N/A

USD 325.58B
JPM-PD JPMorgan Chase & Co

N/A

USD 317.92B
BML-PG Bank of America Corporation

N/A

USD 277.53B
BML-PH Bank of America Corporation

N/A

USD 276.46B
BAC-PE Bank of America Corporation

N/A

USD 258.34B
BML-PL Bank of America Corporation

N/A

USD 255.05B
BML-PJ Bank of America Corporation

N/A

USD 250.61B
BAC-PB Bank of America Corporation

N/A

USD 241.48B
BAC-PL Bank of America Corporation

N/A

USD 241.31B

ETFs Containing CM

HEB:CA Hamilton Canadian Bank Eq.. 17.34 % 0.00 %

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CAD 0.70B
CBNK:CA Mulvihill Canadian Bank E.. 17.11 % 0.00 %

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CAD 0.11B
HBNK:CA Global X Equal Weight Ban.. 16.65 % 0.00 %

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BMDLF 11.87 % 0.00 %

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ZWB-U:CA BMO Covered Call Canadian.. 11.87 % 0.00 %

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BKCC:CA Global X Equal Weight Can.. 9.43 % 0.00 %

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TBNK:CA TD Canadian Bank Dividend.. 9.28 % 0.00 %

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CAD 0.04B
HFIN:CA Hamilton Enhanced Canadia.. 9.06 % 0.00 %

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CAD 0.19B
HFN:CA Hamilton Canadian Financi.. 7.82 % 0.00 %

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CAD 0.01B
HMAX:CA Hamilton Canadian Financi.. 7.36 % 0.00 %

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HCA:CA Hamilton Canadian Bank Me.. 6.52 % 0.00 %

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CAD 0.06B
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 6.30 % 0.00 %

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CAD 3.42M
ICAE:CA Invesco S&P/TSX Canadian .. 5.06 % 0.00 %

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CAD 8.14M
DMAT Global X Disruptive Mater.. 4.54 % 0.00 %

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USD 3.38M
XCSR:CA iShares ESG Advanced MSCI.. 4.03 % 0.00 %

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CAD 0.29B
GCSC:CA Guardian Canadian Sector .. 3.79 % 0.00 %

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CAD 0.01B
ESGC:CA Invesco S&P/TSX Composite.. 3.72 % 0.00 %

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CAD 0.06B
HLIF:CA Harvest Canadian Equity I.. 3.51 % 0.00 %

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CAD 0.12B
CCEI:CA CIBC Canadian Equity Inde.. 2.32 % 0.00 %

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CAD 0.49B
HYBR:CA Global X Active Hybrid Bo.. 1.94 % 0.00 %

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CAD 0.06B
CIC:CA CI Canadian Banks Covered.. 0.00 % 0.84 %

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COMT iShares GSCI Commodity Dy.. 0.00 % 0.48 %

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USD 0.58B
CPD:CA iShares S&P/TSX Canadian .. 0.00 % 0.50 %

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CAD 0.97B
FIE:CA iShares Canadian Financia.. 0.00 % 0.97 %

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CAD 1.06B
HEF:CA 0.00 % 0.83 %

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HPR:CA Global X Active Preferred.. 0.00 % 0.63 %

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CAD 0.95B
IDLV Invesco S&P International.. 0.00 % 0.25 %

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IDV iShares International Sel.. 0.00 % 0.49 %

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USD 4.55B
PDC:CA Invesco Canadian Dividend.. 0.00 % 0.55 %

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CAD 0.79B
PDF:CA Purpose Core Dividend Fun.. 0.00 % 0.68 %

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CAD 0.17B
PIN:CA Purpose Monthly Income Fu.. 0.00 % 0.72 %

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CAD 5.86M
PXC:CA Invesco RAFI Canadian Ind.. 0.00 % 0.50 %

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CAD 0.16B
RCD:CA RBC Quant Canadian Divide.. 0.00 % 0.43 %

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CAD 0.21B
OBOR KraneShares MSCI One Belt.. 0.00 % 0.79 %

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USD 3.38M
EGIF:CA Exemplar Growth and Incom.. 0.00 % 1.43 %

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CAD 2.93M
ZCAN 0.00 % 0.30 %

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HCB:CA 0.00 % 0.65 %

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TPRF:CA TD Active Preferred Share.. 0.00 % 0.51 %

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CAD 0.34B
DRFC:CA Desjardins RI Canada Mult.. 0.00 % 0.57 %

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CAD 0.21B
NPRF:CA NBI Active Canadian Prefe.. 0.00 % 0.00 %

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CAD 0.14B
FLCD:CA 0.00 % 0.00 %

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VDY:CA Vanguard FTSE Canadian Hi.. 0.00 % 0.22 %

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CAD 3.47B
XCV:CA iShares Canadian Value 0.00 % 0.55 %

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CAD 0.08B
XDV:CA iShares Canadian Select D.. 0.00 % 0.55 %

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CAD 1.69B
XFN:CA iShares S&P/TSX Capped Fi.. 0.00 % 0.61 %

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CAD 1.73B
XPF:CA iShares S&P/TSX North Ame.. 0.00 % 0.47 %

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CAD 0.19B
ZDV:CA BMO Canadian Dividend 0.00 % 0.38 %

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CAD 1.10B
ZEB:CA BMO S&P/TSX Equal Weight .. 0.00 % 0.60 %

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CAD 5.23B
ZWB:CA BMO Covered Call Canadian.. 0.00 % 0.71 %

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CAD 2.92B
BANK:CA Evolve Canadian Banks and.. 0.00 % 0.39 %

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CAD 0.40B
DCP:CA Desjardins Canadian Prefe.. 0.00 % 0.53 %

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CAD 0.04B
DFC:CA 0.00 % 0.59 %

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DXC:CA Dynamic Active Canadian D.. 0.00 % 0.86 %

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HFY:CA 0.00 % 1.20 %

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ZWC:CA BMO Canadian High Dividen.. 0.00 % 0.72 %

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CAD 1.63B
PDIV:CA Purpose Enhanced Dividend.. 0.00 % 0.86 %

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CAD 0.06B
RBNK:CA RBC Canadian Bank Yield I.. 0.00 % 0.33 %

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CAD 0.25B
ZVC:CA BMO MSCI Canada Value Ind.. 0.00 % 0.40 %

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CAD 0.06B
FLCA Franklin FTSE Canada ETF 0.00 % 0.09 %

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USD 0.42B
HZAD:LSE 0.00 % 0.00 %

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HZAR:LSE 0.00 % 0.00 %

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HZAR:PA 0.00 % 0.00 %

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H4ZQ:F 0.00 % 0.00 %

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H4ZQ:XETRA 0.00 % 0.00 %

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OPEN:XETRA iShares VI Public Limited.. 0.00 % 0.00 %

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1323:TSE 0.00 % 0.00 %

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TQCD:CA TD Q Canadian Dividend ET.. 0.00 % 0.00 %

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CAD 0.38B
TMEC:CA 0.00 % 0.00 %

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IQSA:XETRA Invesco Quantitative Stra.. 0.00 % 0.00 %

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IQSE:XETRA Invesco Quantitative Stra.. 0.00 % 0.00 %

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XIU 0.00 % 0.00 %

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Market Performance

  Market Performance vs. Industry/Classification (Banks - Diversified) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 4.34% 51% F 46% F
Dividend Return 2.74% 23% F 65% D
Total Return 7.08% 45% F 47% F
Trailing 12 Months  
Capital Gain 14.50% 62% D 69% C-
Dividend Return 5.99% 55% F 76% C+
Total Return 20.49% 60% D- 74% C
Trailing 5 Years  
Capital Gain 27.93% 67% D+ 62% D
Dividend Return 31.98% 100% F 87% B+
Total Return 59.91% 70% C- 71% C-
Average Annual (5 Year Horizon)  
Capital Gain 8.76% 76% C+ 67% D+
Dividend Return 14.25% 78% C+ 74% C
Total Return 5.49% 87% B+ 84% B
Risk Return Profile  
Volatility (Standard Deviation) 33.31% 27% F 30% F
Risk Adjusted Return 42.76% 64% D 63% D
Market Capitalization 30.79B 10% F 95% A

Key Financial Ratios

  Ratio vs. Industry/Classification (Banks - Diversified) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 10.20 33% 76%
Price/Book Ratio 1.25 26% 61%
Price / Cash Flow Ratio 3.81 68% 68%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 11.92% 71% 65%
Return on Invested Capital 2.60% 24% 34%
Return on Assets 0.66% 21% 27%
Debt to Equity Ratio 220.54% 18% 15%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.