Desjardins Issues Optimistic Estimate for CM Earnings

Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) – Research analysts at Desjardins lifted their Q3 2025 EPS estimates for shares of Canadian Imperial Bank of Commerce in a research note issued on Tuesday, August 12th. Desjardins analyst D. Young now expects that the bank will post earnings of $1.45 per share for the quarter, up from their prior estimate of $1.35. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $5.50 per share.

CM has been the topic of a number of other research reports. Royal Bank Of Canada lifted their target price on shares of Canadian Imperial Bank of Commerce from $108.00 to $116.00 and gave the company an “outperform” rating in a research note on Friday, May 30th. Scotiabank started coverage on shares of Canadian Imperial Bank of Commerce in a research note on Thursday, May 15th. They set a “sector outperform” rating on the stock. Jefferies Financial Group cut shares of Canadian Imperial Bank of Commerce from a “buy” rating to a “hold” rating in a research note on Monday, April 21st. National Bank Financial cut shares of Canadian Imperial Bank of Commerce from an “outperform” rating to a “sector perform” rating in a research note on Friday, May 30th. Finally, Wall Street Zen upgraded shares of Canadian Imperial Bank of Commerce from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $109.00.

Canadian Imperial Bank of Commerce Stock Down 0.0%

CM opened at $73.82 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.05 and a current ratio of 1.05. Canadian Imperial Bank of Commerce has a fifty-two week low of $51.55 and a fifty-two week high of $74.63. The firm’s fifty day moving average is $71.58 and its 200 day moving average is $64.71. The stock has a market cap of $68.61 billion, a price-to-earnings ratio of 12.97, a price-to-earnings-growth ratio of 1.60 and a beta of 1.06.

Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) last released its earnings results on Thursday, May 29th. The bank reported $1.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.34 by $0.10. Canadian Imperial Bank of Commerce had a net margin of 12.19% and a return on equity of 14.51%. The company had revenue of $5.09 billion for the quarter, compared to analysts’ expectations of $4.78 billion. During the same quarter in the previous year, the company earned $1.75 EPS. Canadian Imperial Bank of Commerce’s revenue for the quarter was up 13.9% on a year-over-year basis.

Canadian Imperial Bank of Commerce Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 28th. Shareholders of record on Friday, June 27th were paid a $0.7024 dividend. This represents a $2.81 annualized dividend and a yield of 3.8%. The ex-dividend date was Friday, June 27th. This is an increase from Canadian Imperial Bank of Commerce’s previous quarterly dividend of $0.67. Canadian Imperial Bank of Commerce’s dividend payout ratio is presently 49.56%.

Institutional Trading of Canadian Imperial Bank of Commerce

Several hedge funds have recently bought and sold shares of CM. Parallel Advisors LLC raised its position in shares of Canadian Imperial Bank of Commerce by 5.1% during the 2nd quarter. Parallel Advisors LLC now owns 3,288 shares of the bank’s stock valued at $233,000 after buying an additional 160 shares in the last quarter. Brown Advisory Inc. raised its position in shares of Canadian Imperial Bank of Commerce by 2.6% during the 2nd quarter. Brown Advisory Inc. now owns 6,277 shares of the bank’s stock valued at $445,000 after buying an additional 160 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of Canadian Imperial Bank of Commerce by 0.3% during the 2nd quarter. Janney Montgomery Scott LLC now owns 53,477 shares of the bank’s stock valued at $3,788,000 after buying an additional 173 shares in the last quarter. Gradient Investments LLC raised its position in shares of Canadian Imperial Bank of Commerce by 2.4% during the 1st quarter. Gradient Investments LLC now owns 8,278 shares of the bank’s stock valued at $466,000 after buying an additional 191 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in shares of Canadian Imperial Bank of Commerce by 12.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,801 shares of the bank’s stock valued at $128,000 after buying an additional 193 shares in the last quarter. Hedge funds and other institutional investors own 49.88% of the company’s stock.

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.