How to buy Canadian Imperial Bank of Commerce stock

Canadian Imperial Bank of Commerce is a banks-diversified business based in the US. Canadian Imperial Bank of Commerce shares (CM) are listed on the NYSE and all prices are listed in US Dollars. Canadian Imperial Bank of Commerce employs 43,890 staff and has a trailing 12-month revenue of around 0.00.

Canadian Imperial Bank of Commerce share price

Use our graph to track the performance of CM stocks over time.

Canadian Imperial Bank of Commerce shares at a glance

• Key figures

Information last updated 2021-04-30.

52-week range	$52.00 - $104.26
50-day moving average	$99.74
200-day moving average	$89.13
Wall St. target price	$98.97
PE ratio	13.9997
Dividend yield	$5.84 (5.65%)
Earnings per share (TTM)	$7.43

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Is it a good time to buy Canadian Imperial Bank of Commerce stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Canadian Imperial Bank of Commerce by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Canadian Imperial Bank of Commerce under- or over-valued?

Valuing Canadian Imperial Bank of Commerce stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Canadian Imperial Bank of Commerce's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Canadian Imperial Bank of Commerce's P/E ratio

Canadian Imperial Bank of Commerce's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Canadian Imperial Bank of Commerce shares trade at around 14x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Canadian Imperial Bank of Commerce's PEG ratio

Canadian Imperial Bank of Commerce's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.11. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Canadian Imperial Bank of Commerce's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Canadian Imperial Bank of Commerce financials

Revenue TTM	$16.5 billion
Operating margin TTM	35.13%
Gross profit TTM	$16.3 billion
Return on assets TTM	0.58%
Return on equity TTM	10.36%
Profit margin	25.53%
Book value	$85.35
Market capitalisation	$46.5 billion

TTM: trailing 12 months

Shorting Canadian Imperial Bank of Commerce shares

There are currently 3.6 million Canadian Imperial Bank of Commerce shares held short by investors – that's known as Canadian Imperial Bank of Commerce's "short interest". This figure is 11% down from 4.1 million last month.

There are a few different ways that this level of interest in shorting Canadian Imperial Bank of Commerce shares can be evaluated.

Canadian Imperial Bank of Commerce's "short interest ratio" (SIR)

Canadian Imperial Bank of Commerce's "short interest ratio" (SIR) is the quantity of Canadian Imperial Bank of Commerce shares currently shorted divided by the average quantity of Canadian Imperial Bank of Commerce shares traded daily (recently around 679602.79850746). Canadian Imperial Bank of Commerce's SIR currently stands at 5.36. In other words for every 100,000 Canadian Imperial Bank of Commerce shares traded daily on the market, roughly 5360 shares are currently held short.

However Canadian Imperial Bank of Commerce's short interest can also be evaluated against the total number of Canadian Imperial Bank of Commerce shares, or, against the total number of tradable Canadian Imperial Bank of Commerce shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Canadian Imperial Bank of Commerce's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Canadian Imperial Bank of Commerce shares in existence, roughly 10 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Canadian Imperial Bank of Commerce shares, roughly 0 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Canadian Imperial Bank of Commerce.

Find out more about how you can short Canadian Imperial Bank of Commerce stock.

Canadian Imperial Bank of Commerce's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Canadian Imperial Bank of Commerce.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Canadian Imperial Bank of Commerce's total ESG risk score

Total ESG risk: 26.2

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Canadian Imperial Bank of Commerce's overall score of 26.2 (as at 12/31/2018) is pretty good – landing it in it in the 33rd percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Canadian Imperial Bank of Commerce is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Canadian Imperial Bank of Commerce's environmental score

Environmental score: 3.6/100

Canadian Imperial Bank of Commerce's environmental score of 3.6 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that Canadian Imperial Bank of Commerce is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Canadian Imperial Bank of Commerce's social score

Social score: 13.2/100

Canadian Imperial Bank of Commerce's social score of 13.2 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that Canadian Imperial Bank of Commerce is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Canadian Imperial Bank of Commerce's governance score

Governance score: 7.4/100

Canadian Imperial Bank of Commerce's governance score puts it squarely in the 4th percentile of companies rated in the same sector. That could suggest that Canadian Imperial Bank of Commerce is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Canadian Imperial Bank of Commerce's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Canadian Imperial Bank of Commerce scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Canadian Imperial Bank of Commerce has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Canadian Imperial Bank of Commerce was last rated for ESG on: 2019-01-01.

Total ESG score	26.2
Total ESG percentile	33.14
Environmental score	3.6
Environmental score percentile	4
Social score	13.2
Social score percentile	4
Governance score	7.4
Governance score percentile	4
Level of controversy	2

Canadian Imperial Bank of Commerce share dividends

Dividend payout ratio: 57.41% of net profits

Recently Canadian Imperial Bank of Commerce has paid out, on average, around 57.41% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.52% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Canadian Imperial Bank of Commerce shareholders could enjoy a 4.52% return on their shares, in the form of dividend payments. In Canadian Imperial Bank of Commerce's case, that would currently equate to about $5.84 per share.

Canadian Imperial Bank of Commerce's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Canadian Imperial Bank of Commerce's most recent dividend payout was on 27 April 2021. The latest dividend was paid out to all shareholders who bought their shares by 25 March 2021 (the "ex-dividend date").

Canadian Imperial Bank of Commerce share price volatility

Over the last 12 months, Canadian Imperial Bank of Commerce's shares have ranged in value from as little as $52.0041 up to $104.26. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Canadian Imperial Bank of Commerce's is 0.998. This would suggest that Canadian Imperial Bank of Commerce's shares are less volatile than average (for this exchange).

Canadian Imperial Bank of Commerce overview

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 four strategic business units: Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U. S. Commercial Banking and Wealth Management; and Capital Markets. The company offers chequing, savings, and business accounts; mortgages; loans, lines of credit, student lines of credit, and business and agriculture loans; investment and insurance services; and credit cards, as well as overdraft protection services. It also provides day-to-day banking, borrowing and credit, investing and wealth, specialty, and international services; correspondent banking and online foreign exchange services; and cash management services. The company serves its customers through its banking centers, as well as direct, mobile, and remote channels.

Frequently asked questions

• What percentage of Canadian Imperial Bank of Commerce is owned by insiders or institutions?

  Currently 0.031% of Canadian Imperial Bank of Commerce shares are held by insiders and 52.157% by institutions.

• How many people work for Canadian Imperial Bank of Commerce?

  Latest data suggests 43,890 work at Canadian Imperial Bank of Commerce.

• When does the fiscal year end for Canadian Imperial Bank of Commerce?

  Canadian Imperial Bank of Commerce's fiscal year ends in October.

• Where is Canadian Imperial Bank of Commerce based?

  Canadian Imperial Bank of Commerce's address is: Commerce Court, Toronto, ON, Canada, M5L 1A2

• What is Canadian Imperial Bank of Commerce's ISIN number?

  Canadian Imperial Bank of Commerce's international securities identification number is: CA1360691010

• What is Canadian Imperial Bank of Commerce's CUSIP number?

  Canadian Imperial Bank of Commerce's Committee on Uniform Securities Identification Procedures number is: 136069101