Canadian Imperial Bank Stock Today

CM Stock  USD 49.60  0.36  0.73%   

Performance

9 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 5

 
100  
 
Zero
Very Low
Canadian Imperial is selling at 49.60 as of the 18th of March 2024; that is 0.73 percent up since the beginning of the trading day. The stock's lowest day price was 48.91. Canadian Imperial has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat ok performance during the last 90 days. Equity ratings for Canadian Imperial Bank are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of March 2022 and ending today, the 18th of March 2024. Click here to learn more.
Business Domain
Banks
IPO Date
13th of November 1997
Category
Financial Services
Classification
Financials
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. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada. The company has 937.27 M outstanding shares of which 9.86 M shares are currently sold short in the market by investors with about 6.39 days to cover all shorted shares. More on Canadian Imperial Bank

Moving together with Canadian Stock

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Canadian Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Canadian Imperial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canadian Imperial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Canadian Imperial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Canadian Imperial's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOLarry Richman
Thematic IdeaBanking (View all Themes)
Business ConcentrationDiversified Banks, Banks - Diversified, Financial Services, NYSE Composite, Stock Exchange Of, SP TSX Composite, Thomson Reuters Canada, SET Total Return, Banking, Financials, Banks, Banks—Diversified, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Canadian Imperial report their recommendations after researching Canadian Imperial's financial statements, talking to executives and customers, or listening in on Canadian Imperial's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Canadian Imperial Bank. The Canadian consensus assessment is calculated by taking the average forecast from all of the analysts covering Canadian Imperial.
Financial Strength
Based on the analysis of Canadian Imperial's profitability, liquidity, and operating efficiency, Canadian Imperial Bank may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Canadian Imperial Bank is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00490.0046
Notably Up
Slightly volatile
Asset Turnover0.03650.0275
Significantly Up
Slightly volatile
Gross Profit Margin0.930.89
Sufficiently Up
Slightly volatile
Total Current Liabilities44 B81.8 B
Way Down
Pretty Stable
Non Current Liabilities Total127.7 B134.4 B
Notably Down
Pretty Stable
Total Assets1.2 T1.1 T
Sufficiently Up
Slightly volatile
Total Current Assets114 B108.6 B
Sufficiently Up
Slightly volatile
Canadian Imperial's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Canadian Imperial's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Canadian Imperial's financial leverage. It provides some insight into what part of Canadian Imperial's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Canadian Imperial's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Canadian Imperial deploys its capital and how much of that capital is borrowed.
Liquidity
Canadian Imperial cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 194.5 B of total liabilities with total debt to equity ratio (D/E) of 20.35, which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Debt can assist Canadian Imperial until it has trouble settling it off, either with new capital or with free cash flow. So, Canadian Imperial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canadian Imperial Bank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canadian to invest in growth at high rates of return. When we think about Canadian Imperial's use of debt, we should always consider it together with cash and equity.

Dividends Paid

1.47 Billion
Canadian Imperial Bank (CM) is traded on New York Stock Exchange in USA. It is located in CIBC Square, Toronto, ON, Canada, M5J 0E7 and employs 48,047 people. Canadian Imperial is listed under Diversified Banks category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a market capitalization of 46.17 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canadian Imperial's market, we take the total number of its shares issued and multiply it by Canadian Imperial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Canadian Imperial Bank is active under Banks sector as part of Financials industry. The entity has 937.27 M outstanding shares of which 9.86 M shares are currently sold short in the market by investors with about 6.39 days to cover all shorted shares. Canadian Imperial Bank reports about 212.28 B in cash with 12.15 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 234.66, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Canadian Imperial Probability Of Bankruptcy
Ownership Allocation
Canadian Imperial holds a total of 937.27 Million outstanding shares. 30% of Canadian Imperial Bank outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Canadian Ownership Details

Canadian Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Canadian Imperial jumping above the current price in 90 days from now is under 4%. The Canadian Imperial Bank probability density function shows the probability of Canadian Imperial stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.1602 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Canadian Imperial will likely underperform. Additionally, the company has an alpha of 0.0738, implying that it can generate a 0.0738 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 49.6HorizonTargetOdds Above 49.6
96.26%90 days
 49.60 
3.68%
Based on a normal probability distribution, the odds of Canadian Imperial to move above the current price in 90 days from now is under 4 (This Canadian Imperial Bank probability density function shows the probability of Canadian Stock to fall within a particular range of prices over 90 days) .

Canadian Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Canadian Imperial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Canadian Imperial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Canadian Imperial's value.
InstituionRecorded OnShares
Legal & General Group Plc2023-12-31
6.9 M
Connor Clark & Lunn Inv Mgmt Ltd2023-12-31
6.3 M
Healthcare Of Ontario Pension Plan Trust Fund2023-12-31
6.1 M
Jpmorgan Chase & Co2023-12-31
5.8 M
Capital World Investors2023-12-31
5.3 M
Bank Of America Corp2023-12-31
5.2 M
Deutsche Bank Ag2023-12-31
4.9 M
Mackenzie Investments2023-12-31
4.5 M
Scotia Capital Inc2023-12-31
4.4 M
Royal Bank Of Canada2023-12-31
65.1 M
Bank Of Montreal2023-12-31
53.4 M
View Canadian Imperial Diagnostics

Canadian Imperial Historical Income Statement

Canadian Imperial Bank Income Statement is one of the three primary financial statements used for reporting Canadian's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Canadian Imperial Bank revenue and expense. Canadian Imperial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Canadian Imperial's EBITDA is very stable compared to the past year. As of the 18th of March 2024, Income Before Tax is likely to grow to about 8.4 B, while Total Revenue is likely to drop about 13.7 B. View More Fundamentals

Canadian Stock Against Markets

Picking the right benchmark for Canadian Imperial stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Canadian Imperial stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Canadian Imperial is critical whether you are bullish or bearish towards Canadian Imperial Bank at a given time. Please also check how Canadian Imperial's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Canadian Imperial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Canadian Imperial Corporate Directors

Canadian Imperial corporate directors refer to members of a Canadian Imperial board of directors. The board of directors generally takes responsibility for the Canadian Imperial's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Canadian Imperial's board members must vote for the resolution. The Canadian Imperial board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Ronald TysoeIndependent DirectorProfile
Luc DesjardinsIndependent DirectorProfile
Linda HasenfratzIndependent DirectorProfile
Gary ColterIndependent DirectorProfile

How to buy Canadian Stock?

Before investing in Canadian Imperial, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Canadian Imperial. To buy Canadian Imperial stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Canadian Imperial. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Canadian Imperial stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Canadian Imperial Bank stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Canadian Imperial Bank stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Canadian Imperial Bank, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Canadian Stock please use our How to Invest in Canadian Imperial guide.

Already Invested in Canadian Imperial Bank?

The danger of trading Canadian Imperial Bank is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Canadian Imperial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Canadian Imperial. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Canadian Imperial Bank is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Canadian Imperial Bank is a strong investment it is important to analyze Canadian Imperial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Canadian Imperial's future performance. For an informed investment choice regarding Canadian Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Imperial Bank. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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Is Canadian Imperial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian Imperial. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian Imperial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.559
Dividend Share
3.49
Earnings Share
4.86
Revenue Per Share
23.121
Return On Assets
0.0067
The market value of Canadian Imperial Bank is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Imperial's value that differs from its market value or its book value, called intrinsic value, which is Canadian Imperial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian Imperial's market value can be influenced by many factors that don't directly affect Canadian Imperial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canadian Imperial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Imperial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Imperial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.