TSE:CM FY2025 EPS Boosted by National Bank Financial

Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) – Research analysts at National Bank Financial raised their FY2025 earnings per share estimates for Canadian Imperial Bank of Commerce in a note issued to investors on Tuesday, November 19th. National Bank Financial analyst G. Dechaine now expects 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 released its quarterly earnings data on Thursday, August 29th. The company reported C$1.93 EPS for the quarter, topping analysts’ consensus estimates of C$1.75 by C$0.18. Canadian Imperial Bank of Commerce had a net margin of 29.56% and a return on equity of 12.37%. The firm had revenue of C$6.60 billion for the quarter, compared to the consensus estimate of C$6.31 billion.

CM has been the topic of several other research reports. Jefferies Financial Group lowered their target price on Canadian Imperial Bank of Commerce from C$79.00 to C$78.00 and set a “buy” rating on the stock in a report on Monday, August 12th. Royal Bank of Canada upped their price target on shares of Canadian Imperial Bank of Commerce from C$69.00 to C$74.00 and gave the company a “sector perform” rating in a report on Friday, August 30th. TD Securities raised their price objective on shares of Canadian Imperial Bank of Commerce from C$91.00 to C$98.00 in a research note on Friday, November 15th. Cormark raised Canadian Imperial Bank of Commerce from a “market perform” rating to a “buy” rating and upped their target price for the company from C$75.00 to C$83.00 in a research note on Friday, August 30th. Finally, Canaccord Genuity Group boosted their price target on Canadian Imperial Bank of Commerce from C$81.00 to C$92.00 in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$83.00.

Canadian Imperial Bank of Commerce Price Performance

Shares of TSE:CM opened at C$90.72 on Thursday. Canadian Imperial Bank of Commerce has a 12 month low of C$51.60 and a 12 month high of C$90.73. The firm has a market capitalization of C$85.73 billion, a price-to-earnings ratio of 13.13, a price-to-earnings-growth ratio of 3.03 and a beta of 1.12. The business’s 50 day simple moving average is C$85.26 and its 200-day simple moving average is C$74.28.

Canadian Imperial Bank of Commerce Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, October 28th. Shareholders of record on Friday, September 27th were given a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 3.97%. The ex-dividend date was Friday, September 27th. Canadian Imperial Bank of Commerce’s dividend payout ratio (DPR) is presently 52.10%.

Insider Buying and Selling

In other Canadian Imperial Bank of Commerce news, Director Harry Kenneth Culham sold 800 shares of the stock in a transaction that occurred on Monday, September 30th. The shares were sold at an average price of C$83.20, for a total value of C$66,560.00. Also, Senior Officer Christina Charlotte Kramer sold 37,022 shares of the firm’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of C$83.40, for a total transaction of C$3,087,634.80. In the last quarter, insiders sold 203,057 shares of company stock valued at $16,823,249. 0.02% of the stock is currently owned by corporate insiders.

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.