Desjardins Has Strong Estimate for TSE:CM Q2 Earnings

Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) – Stock analysts at Desjardins raised their Q2 2025 EPS estimates for shares of Canadian Imperial Bank of Commerce in a report released on Thursday, February 27th. Desjardins analyst D. Young now anticipates that the company will earn $1.90 per share for the quarter, up from their prior forecast of $1.88. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $6.41 per share. Desjardins also issued estimates for Canadian Imperial Bank of Commerce’s Q3 2025 earnings at $2.04 EPS, Q4 2025 earnings at $2.01 EPS, FY2025 earnings at $8.15 EPS and FY2026 earnings at $8.50 EPS.

Several other research firms have also recently commented on CM. BMO Capital Markets raised their target price on shares of Canadian Imperial Bank of Commerce from C$81.00 to C$99.00 in a research note on Monday, November 18th. National Bankshares raised their target price on shares of Canadian Imperial Bank of Commerce from C$86.00 to C$94.00 in a report on Wednesday, November 20th. TD Securities dropped their target price on shares of Canadian Imperial Bank of Commerce from C$100.00 to C$99.00 and set a “buy” rating for the company in a report on Friday, February 28th. Cormark lifted their price target on shares of Canadian Imperial Bank of Commerce from C$99.00 to C$104.00 in a report on Friday, December 6th. Finally, Canaccord Genuity Group lifted their price target on shares of Canadian Imperial Bank of Commerce from C$92.00 to C$99.00 in a report on Friday, December 6th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of C$93.50.

Canadian Imperial Bank of Commerce Price Performance

Shares of TSE:CM opened at C$83.10 on Monday. Canadian Imperial Bank of Commerce has a 1-year low of C$64.02 and a 1-year high of C$95.50. The stock has a market cap of C$77.75 billion, a P/E ratio of 10.98, a P/E/G ratio of 3.03 and a beta of 1.12. The firm has a fifty day moving average price of C$89.41 and a 200 day moving average price of C$86.08.

Canadian Imperial Bank of Commerce Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 28th will be given a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a dividend yield of 4.67%. Canadian Imperial Bank of Commerce’s payout ratio is currently 47.55%.

Insider Transactions at Canadian Imperial Bank of Commerce

In other Canadian Imperial Bank of Commerce news, Senior Officer Susan Rimmer sold 1,000 shares of the business’s stock in a transaction on Thursday, December 19th. The shares were sold at an average price of C$93.14, for a total transaction of C$93,140.00. Also, Senior Officer Robert Sedran sold 20,652 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of C$94.97, for a total transaction of C$1,961,227.51. Over the last three months, insiders have sold 177,012 shares of company stock valued at $16,687,218. Corporate insiders own 0.02% of the company’s stock.

Canadian Imperial Bank of Commerce Company Profile

Canadian Imperial Bank of Commerce is Canada’s fifth- largest bank, operating three business segments: retail and business banking, wealth management, and capital markets. It serves approximately 11 million personal banking and business customers, primarily in Canada.