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 Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; Capital Markets and Direct Financial Services; and Corporate and Other segments. It offers checking, savings, agriculture, and business accounts; mortgages; business, car, education, home, and other loans; lines of credit, business lines of credit, and agriculture loans; and cash management, small business financing, and overdraft protection services. The company also provides investment and insurance services; healthcare banking; credit cards; private banking, wealth planning, investment management, and estate planning and trust; and ATMs, as well as mobile, online, and global money and wire transfer services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.
Outperforming Peers | CIBC emerges as the top performer among Canada's "Big 6" banks in 2024, showcasing resilience and strategic prowess in a challenging financial landscape |
Capital Strength | Explore CIBC's robust capital position, exceeding regulatory requirements, and its proactive approach to shareholder value through strategic buybacks |
Growth Projections | Analysts forecast EPS growth trajectory for CIBC: 2% in 2024, 6% in 2025, potentially exceeding 7% by 2026, signaling a positive inflection point |
Market Valuation | With a P/E ratio of 12.4 and an average price target of $87, CIBC presents an intriguing opportunity for value-oriented investors in the banking secto |
Metrics to compare | CM | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipCMPeersSector | |
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P/E Ratio | 10.4x | 12.3x | 8.8x | |
PEG Ratio | 0.59 | 0.19 | 0.03 | |
Price/Book | 1.3x | 1.1x | 1.0x | |
Price / LTM Sales | 3.1x | 3.1x | 2.7x | |
Upside (Analyst Target) | 22.3% | 14.7% | 19.1% | |
Fair Value Upside | Unlock | 9.4% | 3.8% | Unlock |