FY2026 Earnings Forecast for TSE:CM Issued By Cormark

Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) – Cormark raised their FY2026 EPS estimates for Canadian Imperial Bank of Commerce in a report issued on Friday, December 6th. Cormark analyst L. Persaud now anticipates that the company will post earnings per share of $8.65 for the year, up from their prior forecast of $8.22. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $6.41 per share.

Other equities research analysts also recently issued research reports about the company. Royal Bank of Canada boosted their price target on Canadian Imperial Bank of Commerce from C$69.00 to C$74.00 and gave the company a “sector perform” rating in a research report on Friday, August 30th. Bank of America upgraded Canadian Imperial Bank of Commerce from a “neutral” rating to a “buy” rating and boosted their target price for the stock from C$74.00 to C$90.00 in a report on Friday, August 30th. TD Securities raised their price target on shares of Canadian Imperial Bank of Commerce from C$91.00 to C$98.00 in a report on Friday, November 15th. Barclays boosted their price objective on shares of Canadian Imperial Bank of Commerce from C$71.00 to C$77.00 and gave the stock an “underweight” rating in a research note on Friday, August 30th. Finally, Desjardins increased 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 report on Friday, August 30th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Canadian Imperial Bank of Commerce currently has an average rating of “Moderate Buy” and an average price target of C$90.00.

Canadian Imperial Bank of Commerce Stock Up 0.4 %

Shares of TSE CM opened at C$94.26 on Monday. The stock has a market capitalization of C$89.07 billion, a PE ratio of 13.64, a P/E/G ratio of 3.03 and a beta of 1.12. The firm has a fifty day moving average of C$87.30 and a 200-day moving average of C$76.40. Canadian Imperial Bank of Commerce has a 52-week low of C$57.96 and a 52-week high of C$94.81.

Insider Buying and Selling

In related news, Director Harry Kenneth Culham sold 47,430 shares of Canadian Imperial Bank of Commerce stock in a transaction on Friday, September 13th. The shares were sold at an average price of C$83.41, for a total value of C$3,956,136.30. Also, Senior Officer Sandy Sharman sold 2,275 shares of the company’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of C$83.04, for a total transaction of C$188,916.00. Insiders have sold 137,527 shares of company stock valued at $11,469,997 in the last quarter. Company insiders own 0.02% of the company’s stock.

Canadian Imperial Bank of Commerce Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 28th. Investors of record on Friday, December 27th will be paid a dividend of $0.97 per share. This is an increase from Canadian Imperial Bank of Commerce’s previous quarterly dividend of $0.90. This represents a $3.88 annualized dividend and a yield of 4.12%. Canadian Imperial Bank of Commerce’s payout ratio is 52.10%.

About Canadian Imperial Bank of Commerce

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.