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

EQUITY | Banks - Diversified | New York Stock Exchange

Last Closing

USD 50.07

Change

-0.23 (-0.46)%

Market Cap

USD 30.79B

Volume

1.45M

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: 2024-03-27 )

Largest Industry Peers for Banks - Diversified

Symbol Name Price(Change) Market Cap
JPM JPMorgan Chase & Co

+0.12 (+0.06%)

USD 533.63B
JPM-PD JPMorgan Chase & Co

+0.09 (+0.36%)

USD 330.81B
JPM-PC JPMorgan Chase & Co

+0.11 (+0.44%)

USD 329.13B
BML-PG Bank of America Corporation

+0.06 (+0.27%)

USD 301.80B
BAC Bank of America Corp

-0.08 (-0.21%)

USD 301.46B
BML-PH Bank of America Corporation

+0.08 (+0.37%)

USD 291.23B
BAC-PE Bank of America Corporation

+0.08 (+0.34%)

USD 280.20B
BML-PL Bank of America Corporation

-0.03 (-0.14%)

USD 273.53B
BML-PJ Bank of America Corporation

N/A

USD 261.36B
BAC-PB Bank of America Corporation

+0.03 (+0.12%)

USD 251.68B

ETFs Containing CM

HEB:CA Hamilton Canadian Bank Eq.. 18.30 % 0.00 %

+0.07 (+0.19%)

CAD 0.69B
HBNK:CA Horizons Equal Weight Ban.. 18.29 % 0.00 %

+0.04 (+0.19%)

CAD 0.75B
CIC:CA CI Canadian Banks Covered.. 16.74 % 0.84 %

+0.03 (+0.19%)

CAD 0.19B
CBNK:CA Mulvihill Canadian Bank E.. 14.81 % 0.00 %

+0.02 (+0.19%)

CAD 0.09B
ZWB-U:CA BMO Covered Call Canadian.. 11.95 % 0.00 %

-0.08 (0.19%)

N/A
BMDLF 11.87 % 0.00 %

N/A

N/A
HFIN:CA Hamilton Enhanced Canadia.. 11.36 % 0.00 %

+0.08 (+0.19%)

CAD 0.12B
CEW:CA iShares Equal Weight Banc.. 10.40 % 0.60 %

+0.07 (+0.19%)

CAD 0.19B
TBNK:CA TD Canadian Bank Dividend.. 9.96 % 0.00 %

-0.16 (0.19%)

CAD 0.04B
HEF:CA Horizons Enhanced Income .. 7.80 % 0.83 %

N/A

CAD 0.15B
HMAX:CA Hamilton Canadian Financi.. 7.18 % 0.00 %

+0.07 (+0.19%)

CAD 0.73B
HCA:CA Hamilton Canadian Bank Me.. 6.85 % 0.00 %

+0.03 (+0.19%)

CAD 0.07B
FIE:CA iShares Canadian Financia.. 6.30 % 0.97 %

+0.03 (+0.19%)

CAD 0.97B
CDIV:CA Manulife Smart Dividend E.. 4.11 % 0.00 %

+0.05 (+0.19%)

CAD 0.51B
XCSR:CA iShares ESG Advanced MSCI.. 3.73 % 0.00 %

+0.34 (+0.19%)

CAD 0.20B
ICAE:CA Invesco S&P/TSX Canadian .. 3.59 % 0.00 %

N/A

CAD 7.07M
TMEC:CA TD Morningstar ESG Canada.. 3.30 % 0.00 %

-0.01 (0.19%)

CAD 0.02B
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 3.12 % 0.00 %

N/A

CAD 2.91M
CDEF:CA Manulife Smart Defensive .. 2.63 % 0.00 %

N/A

CAD 1.24M
HYBR:CA Horizons Active Hybrid Bo.. 2.16 % 0.00 %

+0.05 (+0.19%)

CAD 0.06B
HPR:CA Horizons Active Preferred.. 2.06 % 0.63 %

+0.02 (+0.19%)

CAD 1.05B
CDZ:CA iShares S&P/TSX Canadian .. 2.01 % 0.66 %

+0.09 (+0.19%)

CAD 0.86B
COMT iShares GSCI Commodity Dy.. 0.00 % 0.48 %

+0.01 (+0.19%)

USD 0.64B
IDLV Invesco S&P International.. 0.00 % 0.25 %

N/A

USD 0.39B
IDV 0.00 % 0.49 %

N/A

N/A
MKC:CA Mackenzie Maximum Diversi.. 0.00 % 0.59 %

+0.17 (+0.19%)

CAD 0.41B
PDC:CA Invesco Canadian Dividend.. 0.00 % 0.55 %

-0.07 (0.19%)

CAD 0.76B
PXC:CA Invesco FTSE RAFI Canadia.. 0.00 % 0.50 %

+0.28 (+0.19%)

CAD 0.18B
RCD:CA RBC Quant Canadian Divide.. 0.00 % 0.43 %

+0.12 (+0.19%)

CAD 0.14B
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
VDY:CA Vanguard FTSE Canadian Hi.. 0.00 % 0.22 %

+0.07 (+0.19%)

CAD 2.48B
XCV:CA iShares Canadian Value 0.00 % 0.55 %

+0.09 (+0.19%)

CAD 0.09B
XDV:CA iShares Canadian Select D.. 0.00 % 0.55 %

+0.05 (+0.19%)

CAD 1.51B
XFN:CA iShares S&P/TSX Capped Fi.. 0.00 % 0.61 %

+0.24 (+0.19%)

CAD 1.39B
XPF:CA iShares S&P/TSX North Ame.. 0.00 % 0.47 %

+0.03 (+0.19%)

CAD 0.18B
ZDV:CA BMO Canadian Dividend 0.00 % 0.38 %

-0.01 (0.19%)

CAD 0.97B
ZWB:CA BMO Covered Call Canadian.. 0.00 % 0.71 %

-0.07 (0.19%)

CAD 2.98B
DCP:CA Desjardins Canadian Prefe.. 0.00 % 0.53 %

N/A

CAD 0.03B
DFC:CA 0.00 % 0.59 %

N/A

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

+0.07 (+0.19%)

CAD 0.24B
HFY:CA 0.00 % 1.20 %

N/A

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

-0.06 (0.19%)

CAD 1.62B
RBNK:CA RBC Canadian Bank Yield I.. 0.00 % 0.33 %

+0.07 (+0.19%)

CAD 0.25B
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
TQCD:CA TD Q Canadian Dividend ET.. 0.00 % 0.00 %

-0.02 (0.19%)

CAD 0.38B
XIU 0.00 % 0.00 %

N/A

N/A

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 4.01% 48% F 54% F
Dividend Return 1.38% 27% F 67% D+
Total Return 5.38% 47% F 56% F
Trailing 12 Months  
Capital Gain 19.84% 76% C+ 69% C-
Dividend Return 6.24% 67% D+ 76% C+
Total Return 26.08% 76% C+ 73% C
Trailing 5 Years  
Capital Gain 26.65% 55% F 60% D-
Dividend Return 31.87% 100% F 87% B+
Total Return 58.52% 75% C 69% C-
Average Annual (5 Year Horizon)  
Capital Gain 5.92% 73% C 63% D
Dividend Return 11.41% 82% B 72% C
Total Return 5.49% 91% A- 85% B
Risk Return Profile  
Volatility (Standard Deviation) 34.25% 27% F 31% F
Risk Adjusted Return 33.31% 59% D- 59% D-
Market Capitalization 30.79B 14% 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 16% 66%
Price/Book Ratio 1.25 38% 60%
Price / Cash Flow Ratio 3.72 68% 68%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 9.72% 47% 56%
Return on Invested Capital 2.60% 20% 34%
Return on Assets 0.52% 16% 26%
Debt to Equity Ratio 220.54% 15% 14%

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.

Poor return on equity

The company management has delivered below median return on equity 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.

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.