CM:CA:TSX-Canadian Imperial Bank Of Commerce (CAD)

EQUITY | Banks - Diversified | Toronto Stock Exchange

Last Closing

CAD 65.02

Change

+0.22 (+0.34)%

Market Cap

CAD 41.56B

Volume

3.88M

Analyst Target

CAD 107.13
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: 2024-04-18 )

Largest Industry Peers for Banks - Diversified

Symbol Name Price(Change) Market Cap
RY-PZ:CA Royal Bank of Canada Pref Z

+0.01 (+0.04%)

CAD 215.16B
RY:CA Royal Bank of Canada

+1.77 (+1.32%)

CAD 190.27B
RY-PM:CA Royal Bank of Canada Pref M

+0.10 (+0.43%)

CAD 177.48B
RY-PJ:CA Royal Bank of Canada Pref J

-0.01 (-0.04%)

CAD 176.13B
TD:CA Toronto Dominion Bank

-1.32 (-1.63%)

CAD 141.25B
BMO-PW:CA Bank of Montreal Pref W

+0.08 (+0.33%)

CAD 93.88B
BMO:CA Bank of Montreal

-0.42 (-0.34%)

CAD 89.17B
BMO-PY:CA Bank of Montreal Pref Y

+0.01 (+0.04%)

CAD 80.54B
BMO-PE:CA Bank of Montreal Pref Class B

+0.16 (+0.63%)

CAD 78.02B
BNS:CA Bank of Nova Scotia

-0.38 (-0.60%)

CAD 77.36B

ETFs Containing CM:CA

CEW WisdomTree Emerging Curre.. 0.00 % 1.44 %

+0.09 (+0.00%)

USD 7.10M
CIC:CA CI Canadian Banks Covered.. 0.00 % 0.84 %

-0.04 (0.00%)

CAD 0.19B
CRQ.A:CA 0.00 % 1.55 %

N/A

N/A
CRQ:CA 0.00 % 0.73 %

N/A

N/A
FIE.A:CA 0.00 % 1.78 %

N/A

N/A
HEF.A:CA 0.00 % 1.61 %

N/A

N/A
RCE:CA 0.00 % 0.43 %

N/A

N/A
RQL:CA RBC Target 2024 Corporate.. 0.00 % 0.29 %

+0.01 (+0.00%)

CAD 0.36B
RQJ:CA 0.00 % 0.28 %

N/A

N/A
SHC:CA 0.00 % 0.71 %

N/A

N/A
FST:CA First Trust Canadian Capi.. 0.00 % 0.66 %

N/A

CAD 0.04B

Market Performance

  Market Performance vs. Industry/Classification (Banks - Diversified) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.91% 36% F 45% F
Dividend Return 1.41% 59% D- 64% D
Total Return 3.32% 32% F 49% F
Trailing 12 Months  
Capital Gain 11.74% 50% F 70% C-
Dividend Return 6.08% 77% C+ 85% B
Total Return 17.82% 50% F 76% C+
Trailing 5 Years  
Capital Gain -41.42% 17% F 14% F
Dividend Return 21.46% 50% F 87% B+
Total Return -19.96% 17% F 18% F
Average Annual (5 Year Horizon)  
Capital Gain -4.55% 45% F 16% F
Dividend Return 0.31% 55% F 36% F
Total Return 4.86% 95% A 92% A
Risk Return Profile  
Volatility (Standard Deviation) 40.19% 5% F 22% F
Risk Adjusted Return 0.77% 55% F 34% F
Market Capitalization 41.56B 44% F 97% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Banks - Diversified) Ratio vs. Market (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 10.20 27% 65%
Price/Book Ratio 1.26 67% 52%
Price / Cash Flow Ratio 5.01 61% 53%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 12.14% 32% 74%
Return on Invested Capital N/A N/A N/A
Return on Assets 0.67% 32% 34%
Debt to Equity Ratio 220.54% 36% 9%

Annual Financials (CAD)

Quarterly Financials (CAD)

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:
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 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 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 Earnings Growth

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

Low Revenue Growth

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