Brokers Set Expectations for TSE:CM FY2026 Earnings

Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) – Stock analysts at National Bank Financial lifted their FY2026 earnings estimates for Canadian Imperial Bank of Commerce in a report issued on Thursday, December 5th. National Bank Financial analyst G. Dechaine now anticipates that the company will earn $8.62 per share for the year, up from their prior forecast of $8.49. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $6.41 per share.

Several other research firms have also commented on CM. BMO Capital Markets increased their price objective on shares of Canadian Imperial Bank of Commerce from C$81.00 to C$99.00 in a research report on Monday, November 18th. Scotiabank increased their price objective on shares of Canadian Imperial Bank of Commerce from C$108.00 to C$114.00 in a research report on Friday. TD Securities increased their price objective on shares of Canadian Imperial Bank of Commerce from C$91.00 to C$98.00 in a research report on Friday, November 15th. Desjardins increased their price objective on shares of Canadian Imperial Bank of Commerce from C$77.00 to C$83.00 and gave the company a “buy” rating in a research report on Friday, August 30th. Finally, Barclays increased their target price on shares of Canadian Imperial Bank of Commerce from C$71.00 to C$77.00 and gave the company an “underweight” rating in a research note on Friday, August 30th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$90.00.

Canadian Imperial Bank of Commerce Stock Performance

Shares of TSE:CM opened at C$94.35 on Monday. The firm has a fifty day moving average price of C$87.10 and a 200 day moving average price of C$76.21. Canadian Imperial Bank of Commerce has a fifty-two week low of C$57.52 and a fifty-two week high of C$94.81. The firm has a market cap of C$89.16 billion, a price-to-earnings ratio of 13.65, a P/E/G ratio of 3.03 and a beta of 1.12.

Insider Buying and Selling at Canadian Imperial Bank of Commerce

In other news, Director Harry Kenneth Culham sold 50,000 shares of the firm’s stock in a transaction dated Wednesday, September 25th. The shares were sold at an average price of C$83.42, for a total value of C$4,170,750.00. Also, Senior Officer Christina Charlotte Kramer sold 37,022 shares of the firm’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of C$83.40, for a total transaction of C$3,087,634.80. In the last quarter, insiders have sold 147,527 shares of company stock valued at $12,287,957. Company insiders own 0.02% of the company’s stock.

Canadian Imperial Bank of Commerce Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 28th. Shareholders of record on Friday, December 27th will be given a dividend of $0.97 per share. This is an increase from Canadian Imperial Bank of Commerce’s previous quarterly dividend of $0.90. This represents a $3.88 dividend on an annualized basis and a yield of 4.11%. Canadian Imperial Bank of Commerce’s dividend payout ratio (DPR) is 52.10%.

Canadian Imperial Bank of Commerce Company Profile

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.