TSE:CM FY2025 EPS Estimate Lifted by National Bank Financial

Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) – Research analysts at National Bank Financial boosted their FY2025 earnings estimates for Canadian Imperial Bank of Commerce in a research report issued to clients and investors on Tuesday, November 19th. National Bank Financial analyst G. Dechaine now anticipates that the company will earn $7.93 per share for the year, up from their previous estimate of $7.75. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $6.41 per share. National Bank Financial also issued estimates for Canadian Imperial Bank of Commerce’s FY2026 earnings at $8.49 EPS.

Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) last announced its quarterly earnings results on Thursday, August 29th. The company reported C$1.93 EPS for the quarter, beating the consensus estimate of C$1.75 by C$0.18. The company had revenue of C$6.60 billion for the quarter, compared to analyst estimates of C$6.31 billion. Canadian Imperial Bank of Commerce had a net margin of 29.56% and a return on equity of 12.37%.

Several other research firms also recently weighed in on CM. BMO Capital Markets upped their price objective on shares of Canadian Imperial Bank of Commerce from C$81.00 to C$99.00 in a report on Monday. Jefferies Financial Group lowered their price target on Canadian Imperial Bank of Commerce from C$79.00 to C$78.00 and set a “buy” rating on the stock in a research report on Monday, August 12th. Bank of America upgraded Canadian Imperial Bank of Commerce from a “neutral” rating to a “buy” rating and upped their price objective for the company from C$74.00 to C$90.00 in a report on Friday, August 30th. Desjardins lifted their price objective on shares of Canadian Imperial Bank of Commerce from C$77.00 to C$83.00 and gave the stock a “buy” rating in a research note on Friday, August 30th. Finally, Canaccord Genuity Group lifted their price target on shares of Canadian Imperial Bank of Commerce from C$81.00 to C$92.00 in a research report on Tuesday. One analyst has rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Canadian Imperial Bank of Commerce has a consensus rating of “Moderate Buy” and a consensus target price of C$83.00.

Canadian Imperial Bank of Commerce Price Performance

Shares of Canadian Imperial Bank of Commerce stock opened at C$90.72 on Thursday. Canadian Imperial Bank of Commerce has a 1-year low of C$51.60 and a 1-year high of C$90.73. The business’s fifty day moving average price is C$85.26 and its two-hundred day moving average price is C$74.28. The company has a market capitalization of C$85.73 billion, a P/E ratio of 13.13, a PEG ratio of 3.03 and a beta of 1.12.

Canadian Imperial Bank of Commerce Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 28th. Stockholders of record on Friday, September 27th were issued a dividend of $0.90 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $3.60 annualized dividend and a dividend yield of 3.97%. Canadian Imperial Bank of Commerce’s payout ratio is 52.10%.

Insider Activity at Canadian Imperial Bank of Commerce

In other news, Director Harry Kenneth Culham sold 800 shares of the company’s stock in a transaction that occurred on Monday, September 30th. The stock was sold at an average price of C$83.20, for a total value of C$66,560.00. Also, Senior Officer Sandy Sharman sold 2,275 shares of Canadian Imperial Bank of Commerce stock in a transaction on Thursday, September 12th. The shares were sold at an average price of C$83.04, for a total value of C$188,916.00. Over the last 90 days, insiders sold 203,057 shares of company stock worth $16,823,249. Company insiders own 0.02% of the company’s stock.

Canadian Imperial Bank of Commerce Company Profile

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.