Canadian Imperial Bank Of Commerce trades with the ticker CM on the TSX and is in the Banks – Diversified industry.
Overview
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, and business accounts; mortgages; business, car, and other loans; lines of credit, student lines of credit, and agriculture loans; and small business financing and overdraft protection services. The company also provides investment and insurance services; credit cards; 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.
Looking to invest in Canadian Imperial Bank Of Commerce? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
Table of Contents
show
CM.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $62618.808MM
PE Ratio: 10.216
Price: 49.59 (Updated: 3/12/2024 0:47:16)
Canadian Imperial Bank Of Commerce (CM) vs Competitors in Banks – Diversified
Lets see how CM.TO stacks up against others in the Banks – Diversified asset management industry. We have identified its main peers as:Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, The Toronto-Dominion Bank
.Banks – Diversified Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Bank of Montreal (BMO) | $92,066.095 | 17.457 | 0.0 | 4.8% |
| The Bank of Nova Scotia (BNS) | $82,286.019 | 11.02 | 0.0 | 6.3% |
| Canadian Imperial Bank of Commerce (CM) | $62,618.808 | 10.216 | 0.0 | 5.4% |
| Royal Bank of Canada (RY) | $189,432.988 | 12.44 | 0.0 | 4.1% |
| The Toronto-Dominion Bank (TD) | $144,213.492 | 12.856 | 0.0 | 5.0% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Banks – Diversified
- Canadian Imperial Bank Of Commerce (CM) vs Bank of Montreal (BMO)
- BMO has higher EPS (7.27 vs 6.54). CM has higher dividend yield (5.4% vs 4.8%). BMO has a higher P/E ratio (17.457 vs 10.216) indicating it’s more expensive.
- Canadian Imperial Bank Of Commerce (CM) vs The Bank of Nova Scotia (BNS)
- CM has higher EPS (6.54 vs 6.11). BNS has higher dividend yield (6.3% vs 5.4%). BNS has a higher P/E ratio (11.02 vs 10.216) indicating it’s more expensive.
- Canadian Imperial Bank Of Commerce (CM) vs Canadian Imperial Bank of Commerce (CM)
- CM has higher EPS (6.54 vs 6.54). CM has higher dividend yield (5.4% vs 5.4%). CM has a higher P/E ratio (10.216 vs 10.216) indicating it’s more expensive.
- Canadian Imperial Bank Of Commerce (CM) vs Royal Bank of Canada (RY)
- RY has higher EPS (10.77 vs 6.54). CM has higher dividend yield (5.4% vs 4.1%). RY has a higher P/E ratio (12.44 vs 10.216) indicating it’s more expensive.
- Canadian Imperial Bank Of Commerce (CM) vs The Toronto-Dominion Bank (TD)
- CM has higher EPS (6.54 vs 6.33). CM has higher dividend yield (5.4% vs 5.0%). TD has a higher P/E ratio (12.856 vs 10.216) indicating it’s more expensive.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (10.22) than the industry average (12.80), indicating potential undervaluation.
How to Buy CM stock on the TSX
You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:| Image | Product Title | Features | Price |
|---|---|---|---|
Editor's Choice  |
| Get $25 Signup Bonus | |
Reliable Pick  |
| Get $50 Free Stock Trades |
