Financials Canadian Imperial Bank of Commerce Nyse

Equities

CM

CA1360691010

Banks

Real-time Estimate Cboe BZX 15:31:15 24/05/2024 BST 5-day change 1st Jan Change
48.58 USD +0.86% Intraday chart for Canadian Imperial Bank of Commerce -1.70% +0.87%

Valuation

Fiscal Period: October 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 49,964 44,323 67,623 55,971 45,216 62,078 - -
Enterprise Value (EV) 1 49,964 44,323 67,623 55,971 45,216 62,078 62,078 62,078
P/E ratio 10 x 12.1 x 10.8 x 9.26 x 9.48 x 10.4 x 9.54 x 9.4 x
Yield 4.99% 5.86% 3.89% 5.29% 7.03% 5.45% 5.65% 5.53%
Capitalization / Revenue 2.67 x 2.37 x 3.38 x 2.56 x 1.94 x 2.52 x 2.45 x 2.39 x
EV / Revenue 2.67 x 2.37 x 3.38 x 2.56 x 1.94 x 2.52 x 2.45 x 2.39 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.41 x 1.18 x 1.64 x 1.24 x 0.95 x 1.21 x 1.14 x 1.08 x
Nbr of stocks (in thousands) 889,747 891,989 900,625 904,657 924,480 937,872 - -
Reference price 2 56.16 49.69 75.08 61.87 48.91 66.19 66.19 66.19
Announcement Date 05/12/19 03/12/20 02/12/21 01/12/22 30/11/23 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: October 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 18,689 18,741 20,015 21,833 23,357 24,595 25,352 25,995
EBITDA - - - - - - - -
EBIT 1 8,321 8,176 8,480 9,030 10,184 11,023 11,541 10,033
Operating Margin 44.52% 43.63% 42.37% 41.36% 43.6% 44.82% 45.52% 38.6%
Earnings before Tax (EBT) 1 6,469 4,890 8,322 7,973 6,964 7,701 8,062 8,912
Net income 1 4,985 3,790 6,429 6,220 4,995 5,662 6,041 6,447
Net margin 26.67% 20.22% 32.12% 28.49% 21.39% 23.02% 23.83% 24.8%
EPS 2 5.595 4.110 6.965 6.680 5.160 6.356 6.938 7.039
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 2.800 2.910 2.920 3.270 3.440 3.607 3.742 3.660
Announcement Date 05/12/19 03/12/20 02/12/21 01/12/22 30/11/23 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: October 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 5,064 5,498 5,376 5,571 5,388 5,927 5,702 5,884 5,844 6,221 6,079 6,142 6,200 6,321 6,170
EBITDA - - - - - - - - - - - - - - -
EBIT 1 1,929 2,508 2,262 2,388 1,905 2,660 2,475 2,600 2,449 2,862 2,525 2,806 2,714 2,939 2,738
Operating Margin 38.09% 45.62% 42.08% 42.86% 35.36% 44.88% 43.41% 44.19% 41.91% 46.01% 41.53% 45.69% 43.77% 46.5% 44.38%
Earnings before Tax (EBT) 1 1,851 2,400 1,959 2,145 1,469 1,170 2,124 1,807 1,863 2,171 2,053 1,735 1,556 1,409 1,508
Net income 1 1,436 1,864 1,518 1,660 1,178 423 1,677 1,420 1,475 1,716 1,494 1,426 1,350 1,017 1,099
Net margin 28.36% 33.9% 28.24% 29.8% 21.86% 7.14% 29.41% 24.13% 25.24% 27.58% 24.58% 23.23% 21.77% 16.09% 17.81%
EPS 2 1.535 2.015 1.620 1.780 1.260 0.3900 1.760 1.470 1.530 1.770 1.638 1.687 1.670 1.770 1.780
Dividend per Share 2 0.7300 0.8050 0.8050 0.8300 0.8300 0.8500 0.8500 0.8700 0.8700 0.9000 0.9000 0.9100 0.9100 0.9700 0.9700
Announcement Date 02/12/21 25/02/22 26/05/22 25/08/22 01/12/22 24/02/23 25/05/23 31/08/23 30/11/23 29/02/24 - - - - -
1CAD in Million2CAD
Estimates

Balance Sheet Analysis

Fiscal Period: October 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 15.4% 11.7% 16.7% 14.7% 13.3% 12.4% 13.1% 12.9%
ROA (Net income/ Total Assets) 0.8% 0.52% 0.8% 0.69% 0.53% 0.65% 0.68% 0.67%
Assets 1 623,125 728,846 803,625 901,449 942,453 871,096 888,424 962,172
Book Value Per Share 2 39.90 42.00 45.80 50.00 51.60 54.90 57.90 61.10
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 05/12/19 03/12/20 02/12/21 01/12/22 30/11/23 - - -
1CAD in Million2CAD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
17
Last Close Price
66.19 CAD
Average target price
68.87 CAD
Spread / Average Target
+4.05%
Consensus
  1. Stock Market
  2. Equities
  3. CM Stock
  4. CM Stock
  5. Financials Canadian Imperial Bank of Commerce