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
JPM-PC JPMorgan Chase & Co

+0.01 (+0.04%)

USD 331.75B
JPM-PD JPMorgan Chase & Co

+0.01 (+0.04%)

USD 331.34B
BAC Bank of America Corp

+0.28 (+0.71%)

USD 310.00B
BML-PG Bank of America Corporation

-0.01 (-0.02%)

USD 305.04B
BML-PH Bank of America Corporation

+0.09 (+0.41%)

USD 299.78B
BAC-PE Bank of America Corporation

+0.03 (+0.10%)

USD 284.83B
BML-PL Bank of America Corporation

-0.04 (-0.18%)

USD 277.60B
BML-PJ Bank of America Corporation

+0.01 (+0.05%)

USD 264.58B
BAC-PB Bank of America Corporation

-0.02 (-0.09%)

USD 251.58B
BAC-PK Bank of America Corporation

+0.08 (+0.32%)

USD 250.22B

ETFs Containing CM

RBNK:CA RBC Canadian Bank Yield I.. 25.61 % 0.33 %

-0.02 (0.81%)

CAD 0.24B
CBNK:CA Mulvihill Canadian Bank E.. 16.95 % 0.00 %

+0.04 (+0.81%)

CAD 0.11B
HEB:CA Hamilton Canadian Bank Eq.. 16.76 % 0.00 %

N/A

CAD 0.68B
ZEB:CA BMO S&P/TSX Equal Weight .. 16.67 % 0.60 %

+0.28 (+0.81%)

CAD 3.01B
HBNK:CA Global X Equal Weight Can.. 16.65 % 0.00 %

+0.18 (+0.81%)

N/A
BANK:CA Evolve Canadian Banks and.. 12.99 % 0.39 %

+0.04 (+0.81%)

CAD 0.23B
BMDLF 11.87 % 0.00 %

N/A

N/A
ZWB:CA BMO Covered Call Canadian.. 11.32 % 0.71 %

+0.09 (+0.81%)

CAD 3.01B
ZWB-U:CA BMO Covered Call Canadian.. 11.32 % 0.00 %

+0.22 (+0.81%)

N/A
HFIN:CA Hamilton Enhanced Canadia.. 10.59 % 0.00 %

+0.05 (+0.81%)

CAD 0.14B
CEW:CA iShares Equal Weight Banc.. 10.43 % 0.60 %

+0.05 (+0.81%)

CAD 0.21B
TBNK:CA TD Canadian Bank Dividend.. 9.90 % 0.00 %

+0.55 (+0.81%)

CAD 0.02B
HEF:CA 7.80 % 0.83 %

N/A

N/A
HMAX:CA Hamilton Canadian Financi.. 7.36 % 0.00 %

+0.02 (+0.81%)

N/A
FIE:CA iShares Canadian Financia.. 7.29 % 0.97 %

+0.02 (+0.81%)

CAD 1.03B
XFN:CA iShares S&P/TSX Capped Fi.. 6.51 % 0.61 %

+0.13 (+0.81%)

CAD 1.50B
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 5.31 % 0.00 %

N/A

CAD 3.09M
XDV:CA iShares Canadian Select D.. 5.03 % 0.55 %

+0.05 (+0.81%)

CAD 1.62B
VDY:CA Vanguard FTSE Canadian Hi.. 4.72 % 0.22 %

+0.04 (+0.81%)

CAD 2.83B
XCV:CA iShares Canadian Value 4.71 % 0.55 %

-0.20 (0.81%)

CAD 0.07B
ZDV:CA BMO Canadian Dividend 4.46 % 0.38 %

-0.08 (0.81%)

CAD 1.06B
ZVC:CA BMO MSCI Canada Value Ind.. 4.17 % 0.40 %

-0.24 (0.81%)

CAD 0.05B
PDC:CA Invesco Canadian Dividend.. 4.11 % 0.55 %

-0.02 (0.81%)

CAD 0.78B
ICAE:CA Invesco S&P/TSX Canadian .. 3.91 % 0.00 %

N/A

CAD 7.43M
PID Invesco International Div.. 3.90 % 0.54 %

-0.06 (0.81%)

USD 0.89B
TQCD:CA TD Q Canadian Dividend ET.. 3.53 % 0.00 %

-0.08 (0.81%)

CAD 0.38B
PXC:CA Invesco FTSE RAFI Canadia.. 3.45 % 0.50 %

-0.19 (0.81%)

CAD 0.18B
HLIF:CA Harvest Canadian Equity I.. 3.42 % 0.00 %

-0.02 (0.81%)

CAD 0.11B
PDF:CA Purpose Core Dividend 3.30 % 0.68 %

-0.22 (0.81%)

CAD 0.17B
DIVS:CA Evolve Active Canadian Pr.. 3.19 % 0.90 %

-0.09 (0.81%)

CAD 0.05B
CDEF:CA Manulife Smart Defensive .. 2.53 % 0.00 %

N/A

CAD 1.33M
PDIV:CA Purpose Enhanced Dividend.. 2.50 % 0.86 %

-0.13 (0.81%)

CAD 0.06B
HPR:CA Global X Active Preferred.. 2.32 % 0.63 %

-0.03 (0.81%)

CAD 1.07B
CDZ:CA iShares S&P/TSX Canadian .. 2.00 % 0.66 %

-0.11 (0.81%)

CAD 0.91B
TCSB:CA TD Select Short Term Corp.. 1.94 % 0.28 %

+0.01 (+0.81%)

CAD 0.14B
OBOR KraneShares MSCI One Belt.. 1.86 % 0.79 %

-0.20 (0.81%)

USD 3.31M
IQSA:LSE Invesco Quantitative Stra.. 1.67 % 0.00 %

-0.15 (0.81%)

USD 0.47B
EGIF:CA Exemplar Growth and Incom.. 1.56 % 1.43 %

N/A

CAD 3.70M
DCP:CA Desjardins Canadian Prefe.. 1.53 % 0.53 %

N/A

CAD 0.03B
CPD:CA iShares S&P/TSX Canadian .. 1.22 % 0.50 %

-0.04 (0.81%)

CAD 1.02B
CIC:CA CI Canadian Banks Covered.. 0.00 % 0.84 %

+0.06 (+0.81%)

N/A
COMT iShares GSCI Commodity Dy.. 0.00 % 0.48 %

-0.30 (0.81%)

USD 0.96B
IDLV Invesco S&P International.. 0.00 % 0.25 %

-0.07 (0.81%)

N/A
IDV 0.00 % 0.49 %

N/A

N/A
ZCAN 0.00 % 0.30 %

N/A

N/A
HCB:CA 0.00 % 0.65 %

N/A

N/A
FLCD:CA 0.00 % 0.00 %

N/A

N/A
XPF:CA iShares S&P/TSX North Ame.. 0.00 % 0.47 %

N/A

CAD 0.20B
DFC:CA 0.00 % 0.59 %

N/A

N/A
DXC:CA Dynamic Active Canadian D.. 0.00 % 0.86 %

-0.15 (0.81%)

N/A
HFY:CA 0.00 % 1.20 %

N/A

N/A
ZWC:CA BMO Canadian High Dividen.. 0.00 % 0.72 %

-0.03 (0.81%)

CAD 1.64B
HZAD:LSE 0.00 % 0.00 %

N/A

N/A
HZAR:LSE 0.00 % 0.00 %

N/A

N/A
HZAR:PA 0.00 % 0.00 %

N/A

N/A
H4ZQ:F 0.00 % 0.00 %

N/A

N/A
H4ZQ:XETRA 0.00 % 0.00 %

N/A

N/A
1323:TSE 0.00 % 0.00 %

N/A

N/A
ESGC:CA Invesco S&P/TSX Composite.. 0.00 % 0.00 %

-0.24 (0.81%)

CAD 0.07B
XCSR:CA iShares ESG Advanced MSCI.. 0.00 % 0.00 %

-0.39 (0.81%)

CAD 0.23B
CDIV:CA Manulife Smart Dividend E.. 0.00 % 0.00 %

-0.12 (0.81%)

CAD 0.57B
HCA:CA Hamilton Canadian Bank Me.. 0.00 % 0.00 %

-0.11 (0.81%)

CAD 0.07B
TMEC:CA 0.00 % 0.00 %

N/A

N/A
XIU 0.00 % 0.00 %

N/A

N/A
HYBR:CA Global X Active Hybrid Bo.. 0.00 % 0.00 %

+0.02 (+0.81%)

CAD 0.06B

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.