FY2026 Earnings Forecast for CM Issued By Cormark

Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) – Equities researchers at Cormark issued their FY2026 earnings per share estimates for Canadian Imperial Bank of Commerce in a research note issued to investors on Monday, November 25th. Cormark analyst L. Persaud anticipates that the bank will post earnings per share of $5.92 for the year. Cormark currently has a “Moderate Buy” rating on the stock. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $5.27 per share.

CM has been the topic of several other research reports. BMO Capital Markets increased their target price on Canadian Imperial Bank of Commerce from $77.00 to $81.00 and gave the company an “outperform” rating in a research report on Friday, August 30th. Desjardins upgraded Canadian Imperial Bank of Commerce from a “hold” rating to a “moderate buy” rating in a research note on Friday, August 2nd. StockNews.com downgraded shares of Canadian Imperial Bank of Commerce from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. Finally, Bank of America upgraded shares of Canadian Imperial Bank of Commerce from a “neutral” rating to a “buy” rating in a report on Friday, August 30th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $81.00.

Canadian Imperial Bank of Commerce Stock Performance

Shares of CM stock opened at $64.68 on Tuesday. The firm has a market cap of $61.10 billion, a price-to-earnings ratio of 12.71, a PEG ratio of 1.71 and a beta of 1.06. Canadian Imperial Bank of Commerce has a 52-week low of $37.97 and a 52-week high of $65.89. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.14. The company’s 50 day moving average is $62.66 and its 200 day moving average is $55.34.

Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) last posted its quarterly earnings results on Thursday, August 29th. The bank reported $1.93 EPS for the quarter, beating the consensus estimate of $1.74 by $0.19. Canadian Imperial Bank of Commerce had a net margin of 10.66% and a return on equity of 13.50%. The business had revenue of $6.60 billion during the quarter, compared to analyst estimates of $6.28 billion. During the same quarter in the previous year, the business posted $1.14 EPS. The company’s quarterly revenue was up 12.9% compared to the same quarter last year.

Institutional Trading of Canadian Imperial Bank of Commerce

A number of institutional investors have recently bought and sold shares of CM. Ridgewood Investments LLC purchased a new position in shares of Canadian Imperial Bank of Commerce in the second quarter worth $29,000. BNP Paribas Financial Markets purchased a new position in Canadian Imperial Bank of Commerce in the 3rd quarter worth $44,000. Blue Trust Inc. lifted its position in Canadian Imperial Bank of Commerce by 571.6% during the 3rd quarter. Blue Trust Inc. now owns 732 shares of the bank’s stock worth $45,000 after acquiring an additional 623 shares during the period. Massmutual Trust Co. FSB ADV lifted its position in Canadian Imperial Bank of Commerce by 23.1% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 911 shares of the bank’s stock worth $56,000 after acquiring an additional 171 shares during the period. Finally, City State Bank purchased a new stake in Canadian Imperial Bank of Commerce during the 3rd quarter valued at about $61,000. 49.88% of the stock is currently owned by institutional investors and hedge funds.

About Canadian Imperial Bank of Commerce

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.