Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

How to buy Canadian Imperial Bank Of Commerce stock (CM)

Buy Canadian Imperial Bank Of Commerce stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

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. Its last market close was $66.66 – an increase of 2.93% over the previous week. Canadian Imperial Bank Of Commerce employs 48,552 staff and has a trailing 12-month revenue of around $22.7 billion.

Our top picks for where to buy Canadian Imperial Bank Of Commerce stock

Our pick for investing by theme

Go to site
  • Trade $0 commission stocks & ETFs with as little as $1
  • Earn up to $300 with qualifying deposits
  • Discover new opportunities with Opto's AI-driven thematic investing system
  • Theme and ETF screener

Our pick for transfer bonus

Go to site
  • Trade stocks, options, ETFs, mutual funds, alternative asset funds
  • $0 commission on stocks, ETFs and options with no options contract fees
  • Complimentary access to a financial planner

Top pick for best mobile experience

Go to site
  • Trade $0 commission stocks, ETFs, and options with as little as $1
  • After-hours trading available
  • Earn 4.5% interest on uninvested cash with Gold
  • 24/7 customer support

How to buy Canadian Imperial Bank Of Commerce stock

  1. Choose a stock trading platform. Use our comparison table
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – CM. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

Buy Canadian Imperial Bank Of Commerce stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.
1 - 6 of 6
Name Product USFST Ratings Available asset types Stock trade fee Minimum deposit Cash sweep APY Signup bonus
OPTO
Finder Score: 3.8 / 5: ★★★★★
OPTO
★★★★★
Stocks, ETFs
$0
$0
N/A
Earn up to $300
AI-driven thematic investing, with proprietary research, fractional shares and commission-free stocks and ETFs.
SoFi Invest®
Finder Score: 4.3 / 5: ★★★★★
SoFi Invest®
★★★★★
Stocks, Options, Mutual funds, ETFs, Alternatives
$0
$0
0.02%
Get up to $1,000 in stock
Zero-commission stocks, ETFs and options, with no options per-contract fees. Plus, a complimentary access to financial planners.
Robinhood
Finder Score: 4.6 / 5: ★★★★★
Robinhood
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
4.5%
Get a free stock
Trade stocks, options, ETFs and crypto without commissions and on a user-friendly platform. Plus, a 1% IRA match and no options contract fees.
Uphold
Finder Score: 3.6 / 5: ★★★★★
Crypto alternative
Uphold
★★★★★
Cryptocurrency
N/A
$0
4.65%
Get $10
Tastytrade
Finder Score: 4.4 / 5: ★★★★★
Tastytrade
★★★★★
Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills
$0
$0
N/A
Get $50-$5,000
Competitive, capped options commissions, with a reliable trading platform designed for serious traders.
Public.com
Finder Score: 4.4 / 5: ★★★★★
Public.com
★★★★★
Stocks, Bonds, Options, ETFs, Cryptocurrency, Alternatives, Treasury Bills, High-yield cash account
$0
$0
4.35%
Get up to $10,000 and transfer fees covered
Build a diversified portfolio of stocks, bonds, options, ETFs, crypto and alternative assets, with a high-yield cash account and options contract rebates.
loading

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

Canadian Imperial Bank Of Commerce stock price (NYSE: CM)

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

Canadian Imperial Bank Of Commerce shares at a glance

Information last updated 2024-12-04.
Latest market close$66.66
52-week range$40.44 - $65.89
50-day moving average $62.80
200-day moving average $53.59
Wall St. target price$83.54
PE ratio 12.9047
Dividend yield $3.57 (4.08%)
Earnings per share (TTM) $4.93

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.

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.

Canadian Imperial Bank Of Commerce price performance over time

Historical closes compared with the close of $66.58 from 2024-12-05

1 week (2024-11-29) 2.81%
1 month (2024-11-07) 3.00%
3 months (2024-09-06) 12.24%
6 months (2024-06-07) 35.91%
1 year (2023-12-07) 56.11%
2 years (2022-12-07) 72.77%
3 years (2021-12-07) 41.84%
5 years (2019-12-06) 128.97%

Is Canadian Imperial Bank Of Commerce stock undervalued or overvalued?

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 13x. In other words, Canadian Imperial Bank Of Commerce shares trade at around 13x 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 3.0318. 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 $22.7 billion
Operating margin TTM 39.85%
Gross profit TTM $21.3 billion
Return on assets TTM 0.69%
Return on equity TTM 12.37%
Profit margin 29.56%
Book value $58.37
Market Capitalization $60.2 billion

TTM: trailing 12 months

Canadian Imperial Bank Of Commerce share dividends

49%

Dividend payout ratio: 48.63% of net profits

Recently Canadian Imperial Bank Of Commerce has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% 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 0% return on their shares, in the form of dividend payments. In Canadian Imperial Bank Of Commerce's case, that would currently equate to about $3.57 per share.

While Canadian Imperial Bank Of Commerce's payout ratio might seem fairly standard, it's worth remembering that Canadian Imperial Bank Of Commerce may be investing much of the rest of its net profits in future growth.

Canadian Imperial Bank Of Commerce's most recent dividend payout was on 27 October 2024. The latest dividend was paid out to all shareholders who bought their shares by 26 September 2024 (the "ex-dividend date").

Have Canadian Imperial Bank Of Commerce's shares ever split?

Canadian Imperial Bank Of Commerce's shares were split on a 2:1 basis on 15 May 2022 . So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Canadian Imperial Bank Of Commerce shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Canadian Imperial Bank Of Commerce shares which in turn could have impacted Canadian Imperial Bank Of Commerce's share price.

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 $40.4414 up to $65.89. A popular way to gauge a stock's volatility is its "beta".

CM.US volatility(beta: 1.13)Avg. volatility(beta: 1.00)LowHigh

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 1.128. This would suggest that Canadian Imperial Bank Of Commerce's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

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 Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U. S. Commercial Banking and Wealth Management; Capital Markets and Direct Financial Services; and Corporate and Other segments. It offers checking, savings, and business accounts; mortgages; business, car, and other loans; lines of credit, student lines of credit, and agriculture loans; and small business financing and overdraft protection services. The company also provides investment and insurance services; credit cards; and ATMs, as well as mobile, online, and global money and wire transfer services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.

Frequently asked questions

null
What percentage of Canadian Imperial Bank Of Commerce is owned by insiders or institutions?
Currently 0.023% of Canadian Imperial Bank Of Commerce shares are held by insiders and 52.437% by institutions.
How many people work for Canadian Imperial Bank Of Commerce?
Latest data suggests 48,552 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: CIBC Square, Toronto, ON, Canada, M5J 0E7
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

More guides on Finder

Ask a question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site