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Canadian Imperial Bank of Commerce (CM)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

CA1360691010

CUSIP

136069101

Sector

Financial Services

IPO Date

Nov 13, 1997

Highlights

Market Cap

$62.07B

EPS (TTM)

$5.11

PE Ratio

12.87

PEG Ratio

3.03

Total Revenue (TTM)

$43.85B

Gross Profit (TTM)

$44.31B

EBITDA (TTM)

$3.33B

Year Range

$42.24 - $67.45

Target Price

$60.46

Short %

0.90%

Short Ratio

16.55

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
CM vs. TD CM vs. BMO CM vs. XLF CM vs. VOO CM vs. SCHD CM vs. INTC CM vs. C CM vs. VDY.TO CM vs. TLT CM vs. KBE
Popular comparisons:
CM vs. TD CM vs. BMO CM vs. XLF CM vs. VOO CM vs. SCHD CM vs. INTC CM vs. C CM vs. VDY.TO CM vs. TLT CM vs. KBE

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Canadian Imperial Bank of Commerce, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


500.00%1,000.00%1,500.00%2,000.00%JulyAugustSeptemberOctoberNovemberDecember
1,799.38%
547.01%
CM (Canadian Imperial Bank of Commerce)
Benchmark (^GSPC)

Returns By Period

Canadian Imperial Bank of Commerce had a return of 38.85% year-to-date (YTD) and 42.14% in the last 12 months. Over the past 10 years, Canadian Imperial Bank of Commerce had an annualized return of 10.92%, which was very close to the S&P 500 benchmark's annualized return of 11.06%.


CM

YTD

38.85%

1M

-0.80%

6M

38.98%

1Y

42.14%

5Y*

16.82%

10Y*

10.92%

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

The table below presents the monthly returns of CM, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-6.15%4.74%8.62%-7.95%6.10%-2.72%8.73%13.06%6.10%1.99%3.52%38.85%
202312.78%0.24%-5.82%-1.11%-1.76%5.19%3.26%-10.12%-0.92%-8.65%17.10%18.21%26.50%
20227.69%0.71%-2.75%-9.15%-0.46%-10.60%4.22%-6.48%-6.23%3.77%6.08%-14.72%-26.85%
2021-0.34%8.21%7.43%6.22%13.38%-2.42%2.09%-1.06%-2.25%8.95%-8.07%7.51%44.74%
2020-2.08%-6.63%-22.39%2.48%7.61%6.42%3.55%14.42%-4.47%-0.13%12.84%6.41%13.04%
201913.75%0.06%-3.47%6.51%-10.02%5.08%0.14%-1.59%8.04%3.27%1.92%0.47%24.58%
20181.65%-7.85%-2.11%-1.39%0.30%0.70%4.96%2.69%1.21%-7.95%-2.83%-9.95%-19.75%
20174.41%3.29%-0.97%-6.24%-3.41%5.21%7.00%-3.32%5.49%0.61%4.21%7.30%24.91%
2016-1.55%2.22%14.07%8.11%-3.90%-2.14%1.17%4.38%-1.04%-3.31%4.95%4.88%29.81%
2015-19.23%10.20%-4.15%10.73%-4.91%-2.32%-3.11%2.70%-0.72%6.38%-1.76%-8.19%-16.83%
2014-9.00%7.84%3.90%3.55%-1.02%4.05%1.93%3.07%-5.10%1.67%2.23%-7.03%4.77%
20133.41%-3.24%-1.63%2.03%-5.61%-4.82%6.90%3.07%3.14%6.78%1.01%0.37%11.00%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 94, CM is among the top 6% of stocks on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of CM is 9494
Overall Rank
The Sharpe Ratio Rank of CM is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of CM is 9696
Sortino Ratio Rank
The Omega Ratio Rank of CM is 9393
Omega Ratio Rank
The Calmar Ratio Rank of CM is 9090
Calmar Ratio Rank
The Martin Ratio Rank of CM is 9595
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Canadian Imperial Bank of Commerce (CM) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for CM, currently valued at 2.36, compared to the broader market-4.00-2.000.002.002.362.10
The chart of Sortino ratio for CM, currently valued at 3.61, compared to the broader market-4.00-2.000.002.004.003.612.80
The chart of Omega ratio for CM, currently valued at 1.43, compared to the broader market0.501.001.502.001.431.39
The chart of Calmar ratio for CM, currently valued at 1.81, compared to the broader market0.002.004.006.001.813.09
The chart of Martin ratio for CM, currently valued at 13.49, compared to the broader market-5.000.005.0010.0015.0020.0025.0013.4913.49
CM
^GSPC

The current Canadian Imperial Bank of Commerce Sharpe ratio is 2.36. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Canadian Imperial Bank of Commerce with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
2.36
2.10
CM (Canadian Imperial Bank of Commerce)
Benchmark (^GSPC)

Dividends

Dividend History

Canadian Imperial Bank of Commerce provided a 4.14% dividend yield over the last twelve months, with an annual payout of $2.67 per share.


4.00%5.00%6.00%7.00%8.00%9.00%10.00%11.00%$0.00$1.00$2.00$3.00$4.0020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$2.67$2.61$2.52$3.36$3.63$4.46$2.04$1.99$1.84$2.85$1.80$1.83

Dividend yield

4.14%5.42%6.23%5.77%8.48%10.73%5.48%4.09%4.52%8.65%4.19%4.29%

Monthly Dividends

The table displays the monthly dividend distributions for Canadian Imperial Bank of Commerce. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.66$0.00$0.00$0.66$0.00$0.00$0.67$0.00$0.00$0.00$1.99
2023$0.00$0.00$0.62$0.00$0.00$0.66$0.00$0.00$0.64$0.00$0.00$0.68$2.61
2022$0.00$0.00$0.64$0.00$0.00$0.64$0.00$0.00$0.60$0.00$0.00$0.63$2.52
2021$0.00$0.00$0.58$0.00$0.00$0.59$0.00$0.00$0.58$0.00$0.00$1.61$3.36
2020$0.00$0.00$0.52$0.00$0.00$0.53$0.00$0.00$0.54$0.00$0.00$2.03$3.63
2019$0.00$0.00$1.40$0.00$0.00$0.53$0.00$0.00$0.54$0.00$0.00$1.99$4.46
2018$0.00$0.00$0.52$0.00$0.00$0.50$0.00$0.00$0.52$0.00$0.00$0.50$2.04
2017$0.00$0.00$0.48$0.00$0.00$0.48$0.00$0.00$0.53$0.00$0.00$0.51$1.99
2016$0.00$0.00$0.45$0.00$0.00$0.47$0.00$0.00$0.46$0.00$0.00$0.46$1.84
2015$0.00$0.00$0.42$0.00$0.00$0.44$0.00$0.00$0.42$0.00$0.00$1.56$2.85
2014$0.00$0.00$0.44$0.00$0.00$0.47$0.00$0.00$0.45$0.00$0.00$0.44$1.80
2013$0.46$0.00$0.00$0.46$0.00$0.00$0.47$0.00$0.00$0.45$1.83

Dividend Yield & Payout


Dividend Yield
5.0%10.0%15.0%20.0%4.1%
Canadian Imperial Bank of Commerce has a dividend yield of 4.14%, which is quite average when compared to the overall market.
Payout Ratio
200.0%400.0%600.0%800.0%36.1%
Canadian Imperial Bank of Commerce has a payout ratio of 36.08%, which is quite average when compared to the overall market. This suggests that Canadian Imperial Bank of Commerce strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.37%
-2.62%
CM (Canadian Imperial Bank of Commerce)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Canadian Imperial Bank of Commerce. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Canadian Imperial Bank of Commerce was 70.55%, occurring on Mar 9, 2009. Recovery took 515 trading sessions.

The current Canadian Imperial Bank of Commerce drawdown is 4.37%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-70.55%Nov 7, 2007335Mar 9, 2009515Mar 23, 2011850
-58.48%Apr 17, 1998122Oct 9, 1998582Feb 1, 2001704
-45.47%Jan 8, 2018555Mar 23, 2020163Nov 11, 2020718
-41.86%Jan 19, 2022447Oct 27, 2023210Aug 29, 2024657
-39.84%Apr 22, 2002120Oct 9, 2002143May 6, 2003263

Volatility

Volatility Chart

The current Canadian Imperial Bank of Commerce volatility is 6.22%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
6.22%
3.79%
CM (Canadian Imperial Bank of Commerce)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Canadian Imperial Bank of Commerce over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Valuation

The Valuation section provides an assessment of the market value of Canadian Imperial Bank of Commerce compared to its peers in the Banks - Diversified industry.


PE Ratio
10.020.030.040.050.012.9
The chart displays the price to earnings (P/E) ratio for CM in comparison to other companies of the Banks - Diversified industry. Currently, CM has a PE value of 12.9. This PE ratio falls in the average range for the industry.
PEG Ratio
2.04.06.08.010.012.03.0
The chart displays the price to earnings to growth (PEG) ratio for CM in comparison to other companies of the Banks - Diversified industry. Currently, CM has a PEG value of 3.0. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Canadian Imperial Bank of Commerce.


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Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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