Canadian Imperial Bank of Commerce (CM) Stock

About Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce (CIBC) operates as a broad-based financial services provider, extending a wide array of financial offerings and solutions. Its diverse clientele includes individuals, corporations, government entities, and large institutional clients across Canada, the United States, and globally. The bank's operations are structured into four key divisions: Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. CIBC's product portfolio encompasses checking, savings, and business accounts; mortgage financing; various lending products like general loans, lines of credit, student lines of credit, and specialized business and agricultural loans; investment and insurance services; credit cards; and overdraft protection. Additionally, it delivers everyday banking, credit and borrowing facilities, specialized financial expertise, wealth management and investment advice, and international services. These also include correspondent banking, digital foreign exchange, and comprehensive cash management solutions. Established in 1867, CIBC's main corporate office is located in Toronto, Canada.

Canadian Imperial Bank of Commerce is led by CEO Harry K. Culham, employs 48,698 people, headquartered in Toronto, CA, publicly traded since 1997.

Canadian Imperial Bank of Commerce (CM) stock trades at $116.23 with a market capitalization of $107.70B. The stock is valued at a price-to-earnings (P/E) ratio of 12.74, price-to-book of 1.58, price-to-sales of 2.68. Over the past 52 weeks the stock has ranged between $68.53 and $121.12, and currently trades 4.0% below its 52-week high. It pays a dividend yielding 2.72%.

On profitability, Canadian Imperial Bank of Commerce generates a return on equity (ROE) of 13.14%, above the typical market average, return on capital employed of 16.98%, an operating margin of 17.64%, a net profit margin of 17.63%.

In its most recent fiscal year, Canadian Imperial Bank of Commerce reported annual revenue of $62.0B, net profit of $8.4B, revenue has compounded at 19.8% a year over the last five years, profit at 17.3% a year.

The balance sheet shows a debt-to-equity ratio of 2.66 — a leveraged balance sheet worth monitoring, a current ratio of 0.13, total assets of $1.12T, $55.7B in cash and equivalents.

CM has an average daily trading volume of 1,347,354 shares, a beta of 1.28.

Official website: www.cibc.com