Canadian Imperial Bank of Commerce (CM)
Company Info
| ISIN | CA1360691010 |
|---|---|
| CUSIP | 136069101 |
| Sector | Financial Services |
| Industry | Banks - Diversified |
| IPO Date | Nov 13, 1997 |
Highlights
| Market Cap | $59.72B |
|---|---|
| EPS (TTM) | $4.99 |
| PE Ratio | 12.67 |
| PEG Ratio | 3.03 |
| Total Revenue (TTM) | $37.71B |
| Gross Profit (TTM) | $37.71B |
| EBITDA (TTM) | $3.33B |
| Year Range | $35.37 - $63.75 |
| Target Price | $54.96 |
| Short % | 0.90% |
| Short Ratio | 13.34 |
Share Price Chart
Loading data...
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. XLF, CM vs. BMO, 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.
Returns By Period
Canadian Imperial Bank of Commerce had a return of 36.32% year-to-date (YTD) and 75.56% in the last 12 months. Over the past 10 years, Canadian Imperial Bank of Commerce had an annualized return of 10.28%, while the S&P 500 had an annualized return of 10.92%, indicating that Canadian Imperial Bank of Commerce did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 36.32% | 19.77% |
| 1 month | 4.91% | -0.67% |
| 6 months | 33.86% | 10.27% |
| 1 year | 75.56% | 31.07% |
| 5 years (annualized) | 15.72% | 13.22% |
| 10 years (annualized) | 10.28% | 10.92% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -6.15% | 4.74% | 8.62% | -7.95% | 6.10% | -2.72% | 8.73% | 13.06% | 6.10% | 1.99% | 36.32% | ||
| 2023 | 12.78% | 0.24% | -5.82% | -1.11% | -1.76% | 5.19% | 3.26% | -10.12% | -0.92% | -8.65% | 17.10% | 18.21% | 26.50% |
| 2022 | 7.69% | 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% |
| 2019 | 13.75% | 0.06% | -3.47% | 6.51% | -10.02% | 5.08% | 0.14% | -1.59% | 8.04% | 3.27% | 1.92% | 0.47% | 24.58% |
| 2018 | 1.65% | -7.85% | -2.12% | -1.39% | 0.30% | 0.71% | 4.96% | 2.69% | 1.21% | -7.94% | -2.83% | -9.96% | -19.76% |
| 2017 | 4.41% | 3.29% | -0.97% | -6.24% | -3.41% | 5.21% | 7.00% | -3.32% | 5.48% | 0.61% | 4.21% | 7.30% | 24.91% |
| 2016 | -1.55% | 2.22% | 14.05% | 8.11% | -3.90% | -2.16% | 1.17% | 4.38% | -1.04% | -3.32% | 4.95% | 4.88% | 29.76% |
| 2015 | -19.23% | 10.20% | -4.15% | 10.73% | -4.91% | -2.32% | -3.11% | 2.70% | -0.73% | 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% | -5.11% | 1.67% | 2.23% | -7.02% | 4.76% |
| 2013 | 3.41% | -3.24% | -1.62% | 2.03% | -5.61% | -4.82% | 6.90% | 3.07% | 3.14% | 6.78% | 1.01% | 0.36% | 11.01% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of CM is 96, placing it in the top 4% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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.
Dividends
Dividend History
Canadian Imperial Bank of Commerce provided a 4.22% dividend yield over the last twelve months, with an annual payout of $2.67 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.67 | $2.61 | $2.52 | $3.36 | $3.63 | $4.46 | $2.04 | $1.99 | $1.83 | $2.85 | $1.80 | $1.84 |
Dividend yield | 4.22% | 5.42% | 6.23% | 5.77% | 8.48% | 10.73% | 5.47% | 4.09% | 4.48% | 8.64% | 4.18% | 4.30% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.66 | $0.00 | $0.00 | $0.66 | $0.00 | $0.00 | $0.67 | $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 | $0.47 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.52 | $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 | $1.83 |
| 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 | $1.84 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
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.
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 0.16%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -70.55% | Nov 7, 2007 | 335 | Mar 9, 2009 | 515 | Mar 23, 2011 | 850 |
| -58.48% | Apr 17, 1998 | 122 | Oct 9, 1998 | 582 | Feb 1, 2001 | 704 |
| -45.48% | Jan 8, 2018 | 555 | Mar 23, 2020 | 163 | Nov 11, 2020 | 718 |
| -41.86% | Jan 19, 2022 | 447 | Oct 27, 2023 | 210 | Aug 29, 2024 | 657 |
| -39.84% | Apr 22, 2002 | 120 | Oct 9, 2002 | 143 | May 6, 2003 | 263 |
Volatility
Volatility Chart
The current Canadian Imperial Bank of Commerce volatility is 4.00%, 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.
Financials
Financial Performance
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
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 12.7. This PE ratio falls in the average range for the industry.PEG Ratio
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.
Loading data...
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 | — |