National Bank Financial Predicts TSE:CM FY2025 Earnings

Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) – Analysts at National Bank Financial lifted their FY2025 earnings estimates for Canadian Imperial Bank of Commerce in a research report issued to clients and investors on Tuesday, November 19th. National Bank Financial analyst G. Dechaine now expects that the company will earn $7.93 per share for the year, up from their previous estimate of $7.75. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $6.41 per share. National Bank Financial also issued estimates for Canadian Imperial Bank of Commerce’s FY2026 earnings at $8.49 EPS.

Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) last announced its quarterly earnings data on Thursday, August 29th. The company reported C$1.93 EPS for the quarter, beating the consensus estimate of C$1.75 by C$0.18. The firm had revenue of C$6.60 billion for the quarter, compared to analyst estimates of C$6.31 billion. Canadian Imperial Bank of Commerce had a return on equity of 12.37% and a net margin of 29.56%.

Other analysts have also issued research reports about the company. Bank of America raised Canadian Imperial Bank of Commerce from a “neutral” rating to a “buy” rating and increased their price objective for the company from C$74.00 to C$90.00 in a research note on Friday, August 30th. Barclays upped their target price on Canadian Imperial Bank of Commerce from C$71.00 to C$77.00 and gave the company an “underweight” rating in a report on Friday, August 30th. Jefferies Financial Group decreased their target price on Canadian Imperial Bank of Commerce from C$79.00 to C$78.00 and set a “buy” rating for the company in a report on Monday, August 12th. TD Securities upped their target price on Canadian Imperial Bank of Commerce from C$91.00 to C$98.00 in a report on Friday, November 15th. Finally, BMO Capital Markets upped their target price on Canadian Imperial Bank of Commerce from C$81.00 to C$99.00 in a report on Monday. One analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, Canadian Imperial Bank of Commerce presently has a consensus rating of “Moderate Buy” and a consensus target price of C$83.00.

Canadian Imperial Bank of Commerce Trading Up 0.4 %

Shares of TSE:CM opened at C$91.11 on Thursday. The stock has a market capitalization of C$86.10 billion, a P/E ratio of 13.19, a price-to-earnings-growth ratio of 3.03 and a beta of 1.12. The stock’s 50-day moving average price is C$85.47 and its 200-day moving average price is C$74.46. Canadian Imperial Bank of Commerce has a 12-month low of C$51.60 and a 12-month high of C$91.39.

Insiders Place Their Bets

In other news, Senior Officer Hratch Dikran Panossian sold 5,530 shares of the firm’s stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of C$79.89, for a total value of C$441,791.70. Also, Director Harry Kenneth Culham sold 50,000 shares of the firm’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of C$81.87, for a total value of C$4,093,500.00. Over the last three months, insiders have sold 203,057 shares of company stock valued at $16,823,249. Insiders own 0.02% of the company’s stock.

Canadian Imperial Bank of Commerce Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, October 28th. Shareholders of record on Friday, September 27th were given a $0.90 dividend. The ex-dividend date was Friday, September 27th. This represents a $3.60 annualized dividend and a yield of 3.95%. Canadian Imperial Bank of Commerce’s payout ratio 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.