-1.01%
0.59%
5.01%
28.11%
50.54%
14.61%
69.51%
AI Spotlight on CM
Company Description
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, specialty, investing and wealth, and international services; correspondent banking and online foreign exchange services; and cash management services.Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.
Market Data
| Last Price | 91.47 |
| Change Percentage | -1.01% |
| Open | 92.4 |
| Previous Close | 92.4 |
| Market Cap ( Millions) | 85732 |
| Volume | 1451159 |
| Year High | 95.5 |
| Year Low | 59.53 |
| M A 50 | 91.47 |
| M A 200 | 78.27 |
Financial Ratios
| FCF Yield | 27.04% |
| Dividend Yield | 4.01% |
| ROE | 12.61% |
| Debt / Equity | 354.97% |
| Net Debt / EBIDTA | 1233.51% |
| Price To Book | 1.47 |
| Price Earnings Ratio | 12.1 |
| Price To FCF | 3.7 |
| Price To sales | 3.36 |
| EV / EBITDA | 19.27 |
News
- 13:59 - Canada Economy Picks Up in Final Quarter With 1.8% Growth
- 00:20 - Trump Tariff Vow Heaps Pressure on Canada, Mexico, China FX
- Jan -30 - Oil Prices Get Short-Lived Jolt From Latest Trump Tariff Threat
- Jan -29 - CIBC lowers prime lending rate
- Jan -29 - Bank of Canada Cuts Rates, Removes Guidance as Tariffs Loom
- Jan -28 - CIBC wins Best Use of AI in Client Experience at the Customer Centricity World Series Awards
- Jan -27 - CIBC Asset Management announces CIBC ETF cash distributions for January 2025
- Jan -27 - 3 Canadian Dividend Stocks On The TSX Yielding Up To 6.3%
- Jan -27 - CIBC launches its first European Canadian Depositary Receipts ("CDRs")
- Jan -22 - CIBC Announces Notice of Redemption of Floating Rate Subordinated Capital Debentures Due 2085
- Jan -21 - CIBC named one of Canada's Top Employers for Young People
- Jan -16 - Oil Falls as Traders Speculate on Trump’s Sanctions Strategy
- Jan -14 - Oil Dips From Five-Month High as Gaza Ceasefire Draws Closer
- Jan -14 - Oil Dips From Five-Month High as Gaza Ceasefire Draws Closer
- Jan -10 - CIBC donates US$100,000 to support relief efforts for California wildfires
- Jan -08 - CIBC Marks the Passing of John Hunkin
- Jan -03 - CIBC's Week Ahead Market Call For Canada
- Dec -31 - CIBC Asset Management announces revised final 2024 annual reinvested capital gains distributions for CIBC ETFs and ETF Series
- Dec -31 - CIBC Asset Management announces revised CIBC ETF cash distributions for December 2024
- Dec -30 - Repaying debt is the #1 financial priority for Canadians in 2025: CIBC Poll
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Canadian Personal and Business Banking
Expected Growth : 3.5 %
What the company do ?
Canadian Personal and Business Banking from Canadian Imperial Bank of Commerce offers a range of financial products and services for individuals and businesses in Canada.
Why we expect these perspectives ?
The 3.5% growth in Canadian Personal and Business Banking from Canadian Imperial Bank of Commerce is driven by increasing demand for digital banking services, strategic partnerships, and expansion of branch networks. Additionally, a strong economy, low unemployment rates, and rising consumer spending contribute to the growth. Furthermore, the bank's focus on customer experience, innovative products, and competitive pricing also support this growth.
Segment n°2 -> Capital Markets and Direct Financial Services
Expected Growth : 4.5 %
What the company do ?
Capital Markets provides investment banking and markets services, while Direct Financial Services offers personal and commercial banking solutions from Canadian Imperial Bank of Commerce.
Why we expect these perspectives ?
CIBC's 4.5% growth in Capital Markets and Direct Financial Services is driven by strong trading revenue, increased advisory fees, and robust loan growth in Canadian commercial banking. Additionally, the bank's strategic investments in digital transformation and wealth management have enhanced customer experience, attracting new clients and increasing wallet share.
Segment n°3 -> Canadian Commercial Banking and Wealth Management
Expected Growth : 3.8 %
What the company do ?
Canadian Commercial Banking and Wealth Management from Canadian Imperial Bank of Commerce provides financial solutions to businesses and individuals, offering a range of products and services.
Why we expect these perspectives ?
The 3.8% growth in Canadian Commercial Banking and Wealth Management at CIBC is driven by a strong loan growth, increased deposit margins, and a rise in wealth management fees. Additionally, strategic investments in digital capabilities, expansion of commercial banking services, and a focus on cross-selling opportunities have contributed to the segment's growth.
Segment n°4 -> United States Commercial Banking and Wealth Management
Expected Growth : 3.2 %
What the company do ?
The United States Commercial Banking and Wealth Management segment of Canadian Imperial Bank of Commerce provides commercial and personal banking, and wealth management services to individuals, small businesses, and commercial clients in the US.
Why we expect these perspectives ?
The 3.2% growth in United States Commercial Banking and Wealth Management at Canadian Imperial Bank of Commerce is driven by a strong loan growth, increased deposit margins, and a rise in investment banking fees. Additionally, the segment has benefited from strategic acquisitions, a favorable interest rate environment, and a growing wealth management business.
Segment n°5 -> Corporate and Other
Expected Growth : 2.8 %
What the company do ?
Corporate and Other from Canadian Imperial Bank of Commerce refers to the segment that includes corporate support functions, and specialized businesses such as the bank's investment in CIBC FirstCaribbean International Bank.
Why we expect these perspectives ?
The 2.8% growth in Corporate and Other segment of Canadian Imperial Bank of Commerce is driven by increased treasury services revenue, growth in cash management and trade finance, and higher revenue from foreign exchange and commodities. Additionally, the bank's focus on digital transformation and cost savings initiatives have also contributed to the segment's growth.
Canadian Imperial Bank Of Commerce Products
| Product Range | What is it ? |
|---|---|
| Personal Banking | CIBC offers a range of personal banking products and services, including chequing and savings accounts, credit cards, loans, and investment products. |
| Credit Cards | CIBC offers a variety of credit cards with different features and benefits, such as cashback rewards, travel insurance, and purchase protection. |
| Mortgages | CIBC offers a range of mortgage products, including fixed-rate and variable-rate mortgages, to help individuals purchase or refinance a home. |
| Investments | CIBC offers a range of investment products, including mutual funds, exchange-traded funds (ETFs), and retirement savings plans. |
| Business Banking | CIBC offers a range of business banking products and services, including business chequing and savings accounts, credit cards, and loans. |
| Commercial Banking | CIBC offers a range of commercial banking products and services, including cash management, trade finance, and risk management solutions. |
| Wealth Management | CIBC offers a range of wealth management products and services, including investment advice, portfolio management, and estate planning. |
| Capital Markets | CIBC offers a range of capital markets products and services, including debt and equity capital markets, mergers and acquisitions, and restructuring advisory services. |
Canadian Imperial Bank of Commerce's Porter Forces
Threat Of Substitutes
The threat of substitutes for Canadian Imperial Bank of Commerce is medium due to the presence of alternative financial institutions and digital payment platforms.
Bargaining Power Of Customers
The bargaining power of customers for Canadian Imperial Bank of Commerce is low due to the lack of negotiating power of individual customers.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Canadian Imperial Bank of Commerce is low due to the bank's large scale of operations and diversified supplier base.
Threat Of New Entrants
The threat of new entrants for Canadian Imperial Bank of Commerce is low due to the high barriers to entry in the banking industry, including regulatory hurdles and capital requirements.
Intensity Of Rivalry
The intensity of rivalry for Canadian Imperial Bank of Commerce is high due to the competitive nature of the banking industry, with many established players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 78.59% |
| Debt Cost | 9.51% |
| Equity Weight | 21.41% |
| Equity Cost | 9.51% |
| WACC | 9.51% |
| Leverage | 367.11% |
Canadian Imperial Bank of Commerce : Quality Control
Canadian Imperial Bank of Commerce passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| JPM | JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and … |
| BNS.TO | The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates in … |
| WFC | Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. It operates through … |
| C | Citigroup Inc., a diversified financial services holding company, provides various financial products and services to consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, … |
| BAC | Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Its Consumer … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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