Research Analysts Offer Predictions for CM FY2026 Earnings

Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) – Research analysts at Desjardins upped their FY2026 earnings per share estimates for shares of Canadian Imperial Bank of Commerce in a research note issued to investors on Tuesday, November 11th. Desjardins analyst D. Young now forecasts that the bank will post earnings of $6.43 per share for the year, up from their prior estimate of $6.30. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $5.50 per share.

Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) last posted its quarterly earnings results on Thursday, August 28th. The bank reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.14. Canadian Imperial Bank of Commerce had a net margin of 12.94% and a return on equity of 14.67%. The company had revenue of $5.24 billion during the quarter, compared to analyst estimates of $5.12 billion. During the same period in the prior year, the business posted $1.93 EPS. The firm’s revenue was up 3.3% compared to the same quarter last year.

Several other equities research analysts have also recently weighed in on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Canadian Imperial Bank of Commerce in a research note on Wednesday, October 8th. Royal Bank Of Canada boosted their price target on Canadian Imperial Bank of Commerce from $112.00 to $113.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. Finally, Wall Street Zen raised Canadian Imperial Bank of Commerce from a “sell” rating to a “hold” rating in a research report on Monday, November 3rd. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Canadian Imperial Bank of Commerce presently has a consensus rating of “Moderate Buy” and an average target price of $107.50.

Canadian Imperial Bank of Commerce Trading Up 0.7%

NYSE:CM traded up $0.61 during mid-day trading on Friday, reaching $86.76. 265,349 shares of the company’s stock traded hands, compared to its average volume of 1,125,061. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.04 and a quick ratio of 1.04. Canadian Imperial Bank of Commerce has a 12-month low of $53.62 and a 12-month high of $87.29. The firm has a market capitalization of $80.58 billion, a price-to-earnings ratio of 14.64, a PEG ratio of 1.76 and a beta of 1.03. The company has a 50 day moving average price of $81.45 and a 200-day moving average price of $74.17.

Canadian Imperial Bank of Commerce Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 28th. Shareholders of record on Monday, September 29th were given a $0.97 dividend. The ex-dividend date was Monday, September 29th. This is a positive change from Canadian Imperial Bank of Commerce’s previous quarterly dividend of $0.70. This represents a $3.88 dividend on an annualized basis and a yield of 4.5%. Canadian Imperial Bank of Commerce’s dividend payout ratio (DPR) is currently 47.64%.

Institutional Trading of Canadian Imperial Bank of Commerce

Several institutional investors and hedge funds have recently modified their holdings of the company. Parallel Advisors LLC grew its position in shares of Canadian Imperial Bank of Commerce by 3.5% during the third quarter. Parallel Advisors LLC now owns 3,404 shares of the bank’s stock worth $272,000 after purchasing an additional 116 shares in the last quarter. Brown Advisory Inc. lifted its stake in Canadian Imperial Bank of Commerce by 2.6% in the 2nd quarter. Brown Advisory Inc. now owns 6,277 shares of the bank’s stock worth $445,000 after purchasing an additional 160 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Canadian Imperial Bank of Commerce by 8.9% during the third quarter. EverSource Wealth Advisors LLC now owns 1,962 shares of the bank’s stock valued at $157,000 after purchasing an additional 161 shares in the last quarter. Checchi Capital Advisers LLC increased its holdings in shares of Canadian Imperial Bank of Commerce by 3.7% in the third quarter. Checchi Capital Advisers LLC now owns 4,799 shares of the bank’s stock worth $383,000 after purchasing an additional 169 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in Canadian Imperial Bank of Commerce by 0.3% in the 2nd quarter. Janney Montgomery Scott LLC now owns 53,477 shares of the bank’s stock worth $3,788,000 after acquiring an additional 173 shares during the last quarter. 49.88% of the stock is currently owned by institutional investors.

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.