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United States

Canadian Imperial Bank of Commerce (CM.TO)

CM.TO on Toronto Stock Exchange

121.66CAD
17 Aug 2018
Change (% chg)

$1.16 (+0.96%)
Prev Close
$120.50
Open
$120.40
Day's High
$121.73
Day's Low
$120.25
Volume
1,176,387
Avg. Vol
1,038,293
52-wk High
$124.37
52-wk Low
$103.84

Latest Key Developments (Source: Significant Developments)

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

CIBC announces senior executive changes
Tuesday, 20 Jun 2017 08:30am EDT 

June 20 (Reuters) - Canadian Imperial Bank Of Commerce :Cibc announces senior executive changes.Canadian imperial bank of commerce - jon hountalas has been named group head, commercial banking and wealth management, canada.Canadian imperial bank of commerce - christina kramer has been named group head, personal and small business banking, canada.Canadian imperial bank of commerce - kevin glass continues as chief finance officer.Says ‍harry culham continues as group head, capital markets​.Canadian imperial bank of commerce - laura dottori-attanasio continues as chief risk officer.Canadian imperial bank of commerce - deepak khandelwal will join cibc in august as group head, client connectivity and innovation.Canadian imperial bank of commerce - brian lee continues as senior vice-president and chief auditor, and an observer on cibc's operating committee.Canadian imperial bank of commerce - david williamson, sevp and group head, retail and business banking, will be leaving cibc in q1 of 2018.Canadian imperial bank of commerce - ‍larry richman to become group head, u.s. Region, and president & ceo, privatebank on after acquisition of privatebancorp.Canadian imperial bank of commerce - in interim, williamson will act as a strategic advisor to dodig and client connectivity and innovation team.Canadian imperial bank of commerce - steve geist, sevp and group head, wealth management, will be leaving cibc at end of year.  Full Article

CIBC receives all required regulatory approvals for PrivateBancorp transaction
Thursday, 8 Jun 2017 08:00am EDT 

June 8 (Reuters) - Canadian Imperial Bank Of Commerce :CIBC receives all required regulatory approvals for PrivateBancorp transaction.‍CIBC and PrivateBancorp anticipate that acquisition will close on June 23, 2017​.  Full Article

UPDATE 4-Cyber crooks claim to hit two big Canadian banks

* CIBC says 40,000 customers may be affected (Adds details on how many BMO customers were affected in paragraphs 3-4, updates share prices)