Equities Analysts Set Expectations for CM FY2026 Earnings

Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) – Research analysts at National Bank Financial issued their FY2026 earnings estimates for shares of Canadian Imperial Bank of Commerce in a research report issued on Tuesday, November 19th. National Bank Financial analyst G. Dechaine anticipates that the bank will post earnings of $6.11 per share for the year. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $5.34 per share.

Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) last posted its quarterly earnings results on Thursday, August 29th. The bank reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $0.19. Canadian Imperial Bank of Commerce had a return on equity of 13.50% and a net margin of 10.66%. The business had revenue of $6.60 billion during the quarter, compared to the consensus estimate of $6.28 billion. During the same period last year, the firm earned $1.14 earnings per share. The company’s revenue for the quarter was up 12.9% compared to the same quarter last year.

A number of other equities analysts also recently commented on CM. BMO Capital Markets lifted their price objective on shares of Canadian Imperial Bank of Commerce from $77.00 to $81.00 and gave the stock an “outperform” rating in a report on Friday, August 30th. Cormark raised Canadian Imperial Bank of Commerce from a “hold” rating to a “moderate buy” rating in a report on Friday, August 30th. Desjardins upgraded Canadian Imperial Bank of Commerce from a “hold” rating to a “moderate buy” rating in a research report on Friday, August 2nd. StockNews.com lowered Canadian Imperial Bank of Commerce from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. Finally, Bank of America raised Canadian Imperial Bank of Commerce from a “neutral” rating to a “buy” rating in a research report on Friday, August 30th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $81.00.

Canadian Imperial Bank of Commerce Price Performance

Shares of CM opened at $65.26 on Thursday. Canadian Imperial Bank of Commerce has a 52 week low of $37.97 and a 52 week high of $65.49. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.14. The firm has a market cap of $61.64 billion, a price-to-earnings ratio of 12.82, a PEG ratio of 1.86 and a beta of 1.06. The stock has a 50 day moving average of $62.36 and a 200-day moving average of $54.84.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. BNP Paribas Financial Markets bought a new position in shares of Canadian Imperial Bank of Commerce in the first quarter valued at approximately $175,000. US Bancorp DE boosted its stake in Canadian Imperial Bank of Commerce by 6.2% during the 1st quarter. US Bancorp DE now owns 13,994 shares of the bank’s stock valued at $710,000 after purchasing an additional 821 shares in the last quarter. Acadian Asset Management LLC increased its position in shares of Canadian Imperial Bank of Commerce by 1,345.5% during the 1st quarter. Acadian Asset Management LLC now owns 31,800 shares of the bank’s stock valued at $1,613,000 after purchasing an additional 29,600 shares during the period. UniSuper Management Pty Ltd raised its stake in shares of Canadian Imperial Bank of Commerce by 94.1% in the 1st quarter. UniSuper Management Pty Ltd now owns 13,200 shares of the bank’s stock worth $670,000 after buying an additional 6,400 shares in the last quarter. Finally, Bessemer Group Inc. lifted its holdings in shares of Canadian Imperial Bank of Commerce by 1,366.8% in the first quarter. Bessemer Group Inc. now owns 71,228 shares of the bank’s stock valued at $3,612,000 after buying an additional 66,372 shares during the period. 49.88% of the stock is owned by institutional investors and hedge funds.

Canadian Imperial Bank of Commerce Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, October 28th. Investors of record on Friday, September 27th were given a $0.652 dividend. This represents a $2.61 annualized dividend and a yield of 4.00%. The ex-dividend date was Friday, September 27th. Canadian Imperial Bank of Commerce’s dividend payout ratio is currently 52.46%.

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.