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United States

Canadian Imperial Bank of Commerce (CM.TO)

CM.TO on Toronto Stock Exchange

109.69CAD
18 Jan 2019
Change (% chg)

$1.12 (+1.03%)
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Latest Key Developments (Source: Significant Developments)

Visa Canada Enters Into New Long-Term Agreements
Monday, 26 Nov 2018 08:01am EST 

Nov 26 (Reuters) - Visa Inc ::VISA CANADA ENTERS INTO NEW LONG-TERM AGREEMENTS WITH AIR CANADA, TD AND CIBC TO BE THE NETWORK PARTNER FOR AIR CANADA LOYALTY CREDIT CARDS.VISA CANADA - AGREEMENTS CONTINGENT ON CLOSING OF AIR CANADA'S SHARE PURCHASE AGREEMENT WITH AIMIA FOR ACQUISITION OF AIMIA CANADA.VISA CANADA -ENTERED AGREEMENTS TO BE NETWORK PARTNER FOR CREDIT CARDS ISSUED UNDER AIR CANADA'S LOYALTY PROGRAM EXPECTED TO LAUNCH IN 2020.  Full Article

Canadian Imperial Bank Of Commerce To Issue And Sell $1 Bln Aggregate Principal Amount Of 3.5% Senior Notes Due 2023
Friday, 7 Sep 2018 05:42pm EDT 

Sept 7 (Reuters) - Canadian Imperial Bank of Commerce ::CANADIAN IMPERIAL BANK OF COMMERCE - ON SEPT 6, CO SAYS TO ISSUE AND SELL US$1 BILLION AGGREGATE PRINCIPAL AMOUNT OF ITS 3.500% SENIOR NOTES DUE 2023.CIBC - TO ALSO ISSUE AND SELL US$500 MILLION AGGREGATE PRINCIPAL AMOUNT OF ITS FLOATING RATE SENIOR NOTES DUE 2023 - SEC FILING.  Full Article

CIBC Raises Quarterly Dividend to $1.33 Per Share
Thursday, 22 Feb 2018 06:00am EST 

Feb 22 (Reuters) - Canadian Imperial Bank Of Commerce ::CIBC INCREASES DIVIDENDS.CANADIAN IMPERIAL BANK OF COMMERCE - DECLARED DIVIDEND OF $1.33 PER SHARE ON COMMON SHARES FOR QUARTER ENDING APRIL 30, UP THREE CENTS FROM PREVIOUS QUARTER.  Full Article

Cibc Q1 Earnings Per Share C$2.95
Thursday, 22 Feb 2018 05:58am EST 

Feb 22 (Reuters) - Canadian Imperial Bank Of Commerce ::CIBC ANNOUNCES FIRST QUARTER 2018 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE C$3.18.Q1 EARNINGS PER SHARE C$2.95.Q1 EARNINGS PER SHARE VIEW C$2.83 -- THOMSON REUTERS I/B/E/S.QTRLY ‍REPORTED RETURN ON COMMON SHAREHOLDERS' EQUITY WAS 17.4% AND ADJUSTED ROE WAS 18.8%​.INCREASE IN ITS QUARTERLY COMMON SHARE DIVIDEND FROM $1.30 PER SHARE TO $1.33 PER SHARE.‍CIBC'S BASEL III LEVERAGE RATIO AT JANUARY 31, 2018 WAS 4.0%​.RESULTS FOR Q1 2018 AFFECTED BY ‍$88 MILLION CHARGE FROM RECENT U.S. TAX REFORM.  Full Article

CIBC Mellon Names Daniel Smith Chair Of CIBC Mellon's Boards Of Directors
Friday, 9 Feb 2018 01:41pm EST 

Feb 9 (Reuters) - CIBC Mellon::CIBC MELLON SAYS DANIEL SMITH NAMED CHAIR OF BOARDS FOR CIBC MELLON GLOBAL SECURITIES SERVICES COMPANY AND CIBC MELLON TRUST COMPANY.CIBC MELLON SAYS DANIEL SMITH IS EXECUTIVE VICE PRESIDENT, HEAD OF AMERICAS ASSET SERVICING, AT BNY MELLON.  Full Article

CIBC to Issue NVCC Preferred Shares
Wednesday, 10 Jan 2018 09:04am EST 

Jan 10 (Reuters) - Canadian Imperial Bank Of Commerce ::CIBC - DEAL WITH UNDERWRITERS LED BY CIBC CAPITAL MARKETS FOR ISSUE OF 16 MILLION BASEL III-COMPLIANT NON-CUMULATIVE RATE RESET CLASS A PREFERRED SHARES.CIBC - TO ISSUE ‍ BASEL III-COMPLIANT NON-CUMULATIVE RATE RESET CLASS A PREFERRED SHARES SERIES 47 AT $25.00/SERIES 47 SHARE TO RAISE $400 MILLION​.CIBC - ‍CIBC WILL MAKE AN APPLICATION TO LIST SERIES 47 SHARES AS OF CLOSING DATE ON TORONTO STOCK EXCHANGE​.  Full Article

CIBC doesn't expect material impact from Basel changes
Wednesday, 13 Dec 2017 10:11am EST 

Dec 13 (Reuters) - Canadian Imperial Bank Of Commerce ::CIBC CEO SAYS BANK'S PLAN IS NOT TO TAKE ANY MORE LARGE RESTRUCTURING CHARGES.CIBC CFO SAYS DOESN'T EXPECT BASEL III CHANGES TO HAVE MATERIAL IMPACT ON BANK.CIBC PERSONAL BANKING HEAD SAYS OVER 80 PERCENT OF TRANSACTIONS NOW DIGITAL, SEES GROWING TO 90 PERCENT BY 2020.CIBC PERSONAL BANKING HEAD SAYS NUMBER OF BRANCHES DOWN 4 PERCENT SINCE 2015, COMFORTABLE WITH "CONTINUING AT THAT PACE".CIBC PERSONAL BANKING HEAD SAYS EXPECTS MORTGAGE BOOK TO GROW AT A HIGHER RATE THAN THE OVERALL MARKET NEXT YEAR.  Full Article

Canadian Imperial Bank Of Commerce Reports Qtrly EPS Of $2.59
Thursday, 30 Nov 2017 05:58am EST 

Nov 30 (Reuters) - Canadian Imperial Bank Of Commerce ::CIBC ANNOUNCES FOURTH QUARTER AND FISCAL 2017 RESULTS.CANADIAN IMPERIAL BANK OF COMMERCE QTRLY EARNINGS PER SHARE $2.59.CANADIAN IMPERIAL BANK OF COMMERCE - QTRLY ADJUSTED DILUTED EPS $2.81.CANADIAN IMPERIAL BANK OF COMMERCE - QTRLY ‍BASEL III COMMON EQUITY TIER 1 RATIO ALL-IN BASIS 10.6% VERSUS 10.4% AT Q3-END​.CANADIAN IMPERIAL BANK OF COMMERCE - QTRLY NET INTEREST INCOME $2.46 BILLION VERSUS $2.11 BILLION.  Full Article

‍Canadian Imperial says selling shareholder may offer to sell 791,814 common shares of co
Thursday, 31 Aug 2017 04:51pm EDT 

Aug 31 (Reuters) - Canadian Imperial Bank Of Commerce :‍canadian Imperial Bank of Commerce files to say selling shareholder may offer to sell 791,814 common shares of co - SEC filing​.  Full Article

CIBC says adequate buffer to withstand house price declines
Thursday, 24 Aug 2017 08:47am EDT 

Aug 24 (Reuters) - Canadian Imperial Bank Of Commerce :Cibc ceo says inorganic activity "will be largely on hold for an interim period".Cibc cro says bank has adequate buffer to withstand drop in housing prices.Cibc retail head says starting to see evidence of softening in toronto housing market, anticipates further softening.  Full Article

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Canadian banks' deposit battle adds to funding cost pressures

TORONTO Competition for deposits among Canada's biggest banks is heating up for the first time since the global financial crisis, leading to higher funding costs that could crimp profit growth in their domestic businesses over the next two years, analysts say.