CM:CA:TSX-Canadian Imperial Bank of Commerce (CAD)

COMMON STOCK | Banks-Diversified | TSX

Last Closing Price

CAD 131.76

Change

+1.88 (+1.45)%

Market Cap

CAD 58.33B

Volume

1.09M

Average Target Price

CAD 126.52 (-3.97%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through four strategic business units: Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. The company offers chequing, savings, and business accounts; mortgages; loans, lines of credit, student lines of credit, and business and agriculture loans; investment and insurance services; and credit cards, as well as overdraft protection services. It also provides day-to-day banking, borrowing and credit, investing and wealth, specialty, and international services; correspondent banking and online foreign exchange services; and cash management services. The company serves its customers through its banking centers, as well as direct, mobile, and remote channels. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-05-13 )

Largest Industry Peers for Banks-Diversified

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
RY-PZ:CA Royal Bank of Canada

+0.01 (+0.04%)

CAD200.81B 2.88 N/A
RY-PJ:CA Royal Bank of Canada

-0.10 (-0.41%)

CAD192.01B 3.04 N/A
RY-PM:CA Royal Bank of Canada

N/A

CAD191.32B 2.96 N/A
RY:CA Royal Bank of Canada

+1.20 (+1.00%)

CAD170.90B 14.85 N/A
TD:CA The Toronto-Dominion Bank

+1.24 (+1.45%)

CAD156.01B 13.02 N/A
RY-PC:CA Royal Bank of Canada

N/A

CAD149.96B 2.64 N/A
RY-PE:CA Royal Bank of Canada

N/A

CAD149.54B 2.61 N/A
RY-PQ:CA Royal Bank of Canada

N/A

CAD144.82B 3.09 N/A
BNS:CA The Bank of Nova Scotia

+1.08 (+1.38%)

CAD94.86B 14.70 N/A
BMO-PW:CA Bank of Montreal

+0.10 (+0.43%)

CAD90.18B 2.82 N/A

ETFs Containing CM:CA

Symbol Name Weight Mer Price(Change) Market Cap
CEW WisdomTree Emerging Curre.. 0.00 % 0.55 %

+0.05 (+0.25%)

CAD0.01B
FLRM:CA Franklin Liberty Risk Man.. 0.00 % 0.33 %

-0.04 (-0.17%)

CAD9.29M
FST:CA First Trust Canadian Capi.. 0.00 % 0.60 %

-0.74 (-1.90%)

CAD0.04B
HFY:CA Hamilton Global Financial.. 0.00 % 1.15 %

N/A

CAD0.06B
ZWC:CA BMO CA High Dividend Cove.. 0.00 % 0.65 %

+0.15 (+0.84%)

CAD0.99B
BNC:CA Purpose Canadian Financia.. 0.00 % 0.66 %

N/A

CAD0.01B
MCLC:CA Manulife Multifactor Cana.. 0.00 % 0.40 %

N/A

CAD0.26B
DGRC:CA CI WisdomTree Canada Qual.. 0.00 % 0.21 %

+0.43 (+1.32%)

CAD0.37B
RBNK:CA RBC Canadian Bank Yield I.. 0.00 % 0.29 %

+0.36 (+1.51%)

CAD0.14B
ZWB:CA BMO Covered Call Canadian.. 0.00 % 0.65 %

+0.24 (+1.20%)

CAD2.07B
XDIV:CA iShares Core MSCI Canadia.. 0.00 % 0.10 %

+0.12 (+0.53%)

CAD0.42B
QCE:CA Mackenzie Canadian Large .. 0.00 % 0.04 %

+0.09 (+0.08%)

CAD0.09B
QCN:CA Mackenzie Canadian Equity.. 0.00 % 0.04 %

N/A

CAD0.46B
RQL:CA RBC Target 2024 Corporate.. 0.00 % 0.20 %

N/A

CAD0.07B
DRMC:CA Desjardins RI Canada - Lo.. 0.00 % 0.25 %

+0.09 (+0.37%)

CAD0.02B
HCB:CA Hamilton Canadian Bank Va.. 0.00 % 0.65 %

N/A

CAD0.01B
FLCD:CA Franklin FTSE Canada All .. 0.00 % 0.05 %

N/A

CAD0.38B
DXC:CA Dynamic Active Canadian D.. 0.00 % 0.75 %

+0.24 (+0.83%)

CAD0.06B
ZPR:CA BMO Laddered Preferred Sh.. 0.00 % 0.45 %

+0.02 (+0.18%)

CAD2.08B
CEW:CA iShares Equal Weight Banc.. 0.00 % 0.55 %

+0.22 (+1.45%)

CAD0.20B
RQJ:CA RBC Target 2022 Corporate.. 0.00 % 0.20 %

N/A

CAD0.08B
CIC:CA CI Canadian Banks Income .. 0.00 % 0.65 %

+0.07 (+0.58%)

CAD0.18B
FIE:CA iShares Canadian Financia.. 0.00 % 0.65 %

+0.07 (+0.91%)

CAD0.87B
HEF:CA Horizons Enhanced Income .. 0.00 % 0.65 %

+0.08 (+0.92%)

CAD0.01B
PDC:CA Invesco Canadian Dividend.. 0.00 % 0.50 %

+0.19 (+0.65%)

CAD0.74B
PXC:CA Invesco FTSE RAFI Canadia.. 0.00 % 0.45 %

-0.05 (-0.16%)

CAD0.26B
RCD:CA RBC Quant Canadian Divide.. 0.00 % 0.39 %

+0.14 (+0.61%)

CAD0.11B
RCE:CA RBC Quant Canadian Equity.. 0.00 % 0.39 %

N/A

CAD0.01B
VDY:CA Vanguard FTSE Canadian Hi.. 0.00 % 0.20 %

+0.18 (+0.46%)

CAD1.01B
ZEB:CA BMO Equal Weight Banks In.. 0.00 % 0.55 %

+0.50 (+1.43%)

CAD1.62B
XCV:CA iShares Canadian Value In.. 0.00 % 0.50 %

+0.19 (+0.65%)

CAD0.07B
XDV:CA iShares Canadian Select D.. 0.00 % 0.50 %

+0.40 (+1.39%)

CAD1.63B
XFN:CA iShares S&P/TSX Cappe.. 0.00 % 0.55 %

+0.55 (+1.23%)

CAD1.32B
XMV:CA iShares MSCI Min Vol Cana.. 0.00 % 0.30 %

+0.16 (+0.47%)

CAD0.12B
XTR:CA iShares Diversified Month.. 0.00 % 0.55 %

+0.03 (+0.27%)

CAD0.58B
ZCN:CA BMO S&P/TSX Capped Compos.. 0.00 % 0.05 %

+0.07 (+0.27%)

CAD6.14B
ZDV:CA BMO Canadian Dividend ETF 0.00 % 0.35 %

+0.11 (+0.61%)

CAD0.64B
HFY-U:CA Hamilton Global Financial.. 0.00 % 1.20 %

N/A

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Banks-Diversified)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 21.19% 80% B- 77% C+
Dividend Return 1.34% 20% F 72% C-
Total Return 22.53% 70% C- 77% C+
Trailing 12 Months  
Capital Gain 65.20% 70% C- 74% C
Dividend Return 7.32% 100% A+ 88% B+
Total Return 72.52% 70% C- 76% C
Trailing 5 Years  
Capital Gain 30.27% 33% F 56% F
Dividend Return 26.76% 83% B 87% B+
Total Return 57.04% 33% F 66% D
Average Annual (5 Year Horizon)  
Capital Gain 0.86% 30% F 37% F
Dividend Return 4.93% 100% A+ 90% A-
Total Return 5.79% 50% F 58% F
Risk Return Profile  
Volatility (Standard Deviation) 16.04% 70% C- 54% F
Risk Adjusted Return 36.10% 40% F 55% F
Market Capitalization 58.33B 32% F 95% A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Banks-Diversified)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 14.24 13% F 53% F
Price/Book Ratio 1.53 67% D+ 58% F
Price / Cash Flow Ratio 0.97 44% F 78% C+
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 10.36% 38% F 71% C-
Return on Invested Capital -2.22% 47% F 30% F
Return on Assets 0.58% 16% F 39% F
Debt to Equity Ratio 17.52% 13% F 76% C
Technical Ratios  
Short Ratio 15.05 3% F 5% F
Short Percent N/A N/A N/A N/A N/A
Beta 1.00 56% F 54% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.