for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Canadian Imperial Bank of Commerce

CM.TO

Latest Trade

144.38CAD

Change

0.20(+0.14%)

Volume

960,183

Today's Range

144.04

 - 

145.00

52 Week Range

89.42

 - 

146.05

As of on the Toronto Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

CIBC Sees Negative Impact Of About 5% On Mortgage Origination As Result Of Stricter Home Loan Stress Test- Conf Call

May 27 (Reuters) - Canadian Imperial Bank of Commerce <CM.TO>::CANADIAN IMPERIAL BANK OF COMMERCE EXPECTS MID-SINGLE-DIGIT EXPENSE GROWTH FOR FISCAL 2021- CONF CALL.CIBC EXPECTS CORPORATE, COMMERCIAL PROVISIONS ON IMPAIRED LOANS TO RISE, WITH MORE PERFORMING-LOAN ALLOWANCES BEING TRANSFERRED TO IMPAIRED- CONF CALL.CIBC 'COMFORTABLE' WITH INCOMES, DEBT SERVICE ABILITY OF BOTH EXISTING AND NEW MORTGAGE BORROWERS BUT DOES 'CERTAIN AMOUNT OF RISK OVERLAY' IN REGIONS WITH VERY HIGH HOME PRICE GROWTH- CONF CALL.CIBC SEES NEGATIVE IMPACT OF ABOUT 5% ON MORTGAGE ORIGINATION AS RESULT OF STRICTER HOME LOAN STRESS TEST- CONF CALL.CIBC SEES CREDIT CARD WRITE-OFFS NORMALIZING GOING FORWARD - CONF CALL.Further company coverage: CM.TO. ((Reuters.Briefs@thomsonreuters.com;)).

Cibc Expects Loan Losses To Rise To Peak In Mid-2021, Decline In Subsequent Quarters -Conf Call

Feb 25 (Reuters) - Canadian Imperial Bank of Commerce <CM.TO>::CIBC EXPECTS LOAN LOSSES TO RISE TO PEAK IN MID-2021, DECLINE IN SUBSEQUENT QUARTERS AS ECONOMIC PERFORMANCE IMPROVES-CONF CALL.CIBC EXPECTS HIGH SINGLE-DIGIT MORTGAGE GROWTH FOR REST OF 2021-CONF CALL.CIBC TO FOCUS ON IMPROVING PROFITABILITY OF FIRSTCARIBBEAN AFTER FAILING TO GET REGULATORY APPROVAL FOR SALE-CONF CALL.

CIBC Saw Some Loans Move From Performing To Non-Performing In Q4, Expects This To Be Ongoing Trend In Coming Quarters - Conf Call

Dec 3 (Reuters) - Canadian Imperial Bank of Commerce <CM.TO>::CIBC SAYS NOT SEEING BROAD CREDIT WEAKNESS, PERFORMANCE HAS BEEN BETTER THAN EXPECTED AT PANDEMIC START, HELPED BY GOVERNMENT SUPPORT - CONFERENCE CALL.CIBC SAW SOME LOANS MOVE FROM PERFORMING TO NON-PERFORMING IN Q4, EXPECTS THIS TO BE ONGOING TREND IN COMING QUARTERS - CONF CALL.CIBC SAYS BUILT-UP LIQUIDITY EXPECTED TO DEPLOYED INTO NEXT YEAR AS IT EXPECTS LOAN GROWTH TO ACCELERATE - CONF CALL.CIBC SAYS IMPAIRED LOANS EXPECTED TO RISE 2-2.5 TIMES IN 2021 DRIVEN BY CREDIT CARDS THAT WERE SUBJECT TO PAYMENT DEFERRALS - CONF CALL.

Cibc Expects Losses From Loan Impairments To Peak In The First Half Of 2021- Conf Call

Aug 27 (Reuters) - Canadian Imperial Bank of Commerce <CM.TO>::CIBC SAYS MORTGAGE BALANCES OF 3% GREW 3% Y-O-Y ON A SPOT BASIS AS THE REAL ESTATE MARKET STARTED TO RECOVER IN JUNE AND JULY - CONF CALL.CIBC SAYS JULY CREDIT CARD VOLUMES WERE DOWN 6% FROM A YEAR AGO COMPARED WITH A YEAR-ON-YEAR DECLINE OF 33% IN APRIL- CONF CALL.CIBC EXPECTS LOSSES FROM LOAN IMPAIRMENTS TO PEAK IN THE FIRST HALF OF 2021- CONF CALL.

CIBC Posts Q3 EPS Of $2.55

Aug 27 (Reuters) - Canadian Imperial Bank of Commerce <CM.TO>::CIBC ANNOUNCES THIRD QUARTER 2020 RESULTS.QTRLY EPS $2.55.QTRLY ADJUSTED EARNINGS PER SHARE $2.71.PROVISION FOR CREDIT LOSSES WAS $525 MILLION FOR Q3, UP $234 MILLION OR 80% FROM Q3 A YEAR AGO.CANADIAN COMMERCIAL BANKING AND WEALTH MANAGEMENT REPORTED NET INCOME OF $320 MILLION FOR Q3, DOWN $24 MILLION.QTRLY REPORTED ROE 12.1% VERSUS 15.5%.CANADIAN PERSONAL AND BUSINESS BANKING REPORTED NET INCOME OF $508 MILLION FOR Q3, DOWN $150 MILLION.Q3 EARNINGS PER SHARE VIEW C$2.15 -- REFINITIV IBES DATA.

CIBC Announces Second Quarter 2020 Results

May 28 (Reuters) - Canadian Imperial Bank of Commerce <CM.TO>::CIBC ANNOUNCES SECOND QUARTER 2020 RESULTS.QTRLY EARNINGS PER SHARE $0.83.QTRLY ADJUSTED EARNINGS PER SHARE $0.94.QTRLY COMMON EQUITY TIER 1 RATIO OF 11.3% VERSUS 11.2%.QTRLY PROVISION FOR CREDIT LOSSES $1,412 MILLION VERSUS $255 MILLION.QTRLY TOTAL REVENUE $4,578 MILLION VERSUS $4,542 MILLION.Q2 EARNINGS PER SHARE VIEW C$1.58, REVENUE VIEW C$4.68 BILLION -- REFINITIV IBES DATA.

CIBC Plans Layoffs Amid Cost-Cutting Drive - The Globe And Mail

Jan 30 (Reuters) - :CIBC PLANS LAYOFFS AMID COST-CUTTING DRIVE, CEO DODIG SAYS IN INTERNAL MEMO - THE GLOBE AND MAIL.

CIBC CEO Says Expects 2020 Loan Growth In High Single Digits, Deposit Growth In Low Double Digits-Conference

Jan 7 (Reuters) - Canadian Imperial Bank of Commerce <CM.TO>::CANADIAN IMPERIAL BANK OF COMMERCE CEO SAYS EXPECTS LOAN GROWTH IN HIGH SINGLE DIGITS, DEPOSIT GROWTH IN LOW DOUBLE DIGITS THIS YEAR-CONFERENCE.CIBC CEO SAYS 'ANOTHER RESTRUCTURING CHARGE IS ALWAYS A POSSIBILITY' FOLLOWING EARLIER CHARGE IN 2016-CONFERENCE.

Canadian Imperial Bank Of Commerce Reports Q3 Total Revenue $4.77 Bln

Dec 5 (Reuters) - Canadian Imperial Bank of Commerce <CM.TO>::QTRLY REPORTED TOTAL REVENUE $4,772 MILLION VERSUS $4,452 MILLION.Q4 REVENUE VIEW C$4.72 BILLION -- REFINITIV IBES DATA.

CIBC Reaches Agreement To Sell Majority Stake In CIBC FirstCaribbean

Nov 8 (Reuters) - Canadian Imperial Bank of Commerce <CM.TO>::PRESS RELEASE - CIBC REACHES AGREEMENT TO SELL MAJORITY STAKE IN CIBC FIRSTCARIBBEAN.CANADIAN IMPERIAL BANK OF COMMERCE - DEAL FOR TOTAL CONSIDERATION OF US$797 MILLION.CANADIAN IMPERIAL BANK OF COMMERCE - BANK TO RETAIN 24.9% MINORITY STAKE UNDER TERMS OF AGREEMENT.CANADIAN IMPERIAL BANK OF COMMERCE - TOTAL CONSIDERATION REPRESENTS A COMPANY VALUATION OF APPROXIMATELY US$1,195 MILLION.CANADIAN IMPERIAL BANK OF COMMERCE - GNB IS ACQUIRING 66.73% OF FIRSTCARIBBEAN SHARES FROM CIBC.CANADIAN IMPERIAL BANK OF COMMERCE - CIBC'S COMMON EQUITY TIER 1 CAPITAL RATIO IS EXPECTED TO IMPROVE BY OVER 40 BPS ON CLOSING.CANADIAN IMPERIAL BANK OF COMMERCE - TOTAL DEAL CONSIDERATION IS COMPRISED OF ABOUT $200 MILLION IN CASH AND SECURED FINANCING BY CIBC FOR REMAINDER.CANADIAN IMPERIAL BANK OF COMMERCE - GNB IS ACQUIRING 66.73% OF FIRSTCARIBBEAN SHARES FROM CIBC.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up