FY2026 EPS Estimates for TSE:CM Increased by Analyst

Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) – Stock analysts at National Bank Financial increased their FY2026 earnings per share estimates for Canadian Imperial Bank of Commerce in a research note issued to investors on Thursday, December 5th. National Bank Financial analyst G. Dechaine now expects that the company will post earnings per share of $8.62 for the year, up from their previous forecast of $8.49. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $6.41 per share.

Several other equities research analysts have also issued reports on the stock. Barclays increased 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 report on Friday, August 30th. Desjardins increased their price target on Canadian Imperial Bank of Commerce from C$77.00 to C$83.00 and gave the company a “buy” rating in a report on Friday, August 30th. Jefferies Financial Group reduced their price objective on Canadian Imperial Bank of Commerce from C$79.00 to C$78.00 and set a “buy” rating on the stock in a research note on Monday, August 12th. TD Securities increased their target price on Canadian Imperial Bank of Commerce from C$91.00 to C$98.00 in a research note on Friday, November 15th. Finally, Bank of America raised Canadian Imperial Bank of Commerce from a “neutral” rating to a “buy” rating and boosted their price target for the stock from C$74.00 to C$90.00 in a research report on Friday, August 30th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$90.00.

Canadian Imperial Bank of Commerce Trading Down 0.5 %

Shares of Canadian Imperial Bank of Commerce stock opened at C$93.86 on Monday. The business’s fifty day moving average price is C$87.30 and its 200 day moving average price is C$76.40. Canadian Imperial Bank of Commerce has a twelve month low of C$57.96 and a twelve month high of C$94.81. The stock has a market capitalization of C$88.69 billion, a P/E ratio of 13.58, a PEG ratio of 3.03 and a beta of 1.12.

Canadian Imperial Bank of Commerce Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 28th. Investors of record on Friday, December 27th will be given a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a yield of 4.13%. This is a positive change from Canadian Imperial Bank of Commerce’s previous quarterly dividend of $0.90. Canadian Imperial Bank of Commerce’s payout ratio is currently 52.10%.

Insiders Place Their Bets

In related news, Senior Officer Christina Charlotte Kramer sold 37,022 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of C$83.40, for a total value of C$3,087,634.80. Also, Director Harry Kenneth Culham sold 47,430 shares of the business’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of C$83.41, for a total value of C$3,956,136.30. Insiders have sold 137,527 shares of company stock valued at $11,469,997 over the last three months. Company insiders own 0.02% of the company’s stock.

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.