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I rate Canadian Imperial Bank of Commerce a Buy for growth and income investors seeking long-term investments, supported by consistent earnings beats and a 4.38% dividend yield. CM excels in personal, business, and commercial banking, wealth management, and capital markets, with a strong presence in Canada and growth potential in the U.S. and Europe. The bank's strategy focuses on expanding wealth franchises, enhancing digital banking, delivering superior customer service, and maintaining financial health, supported by systematic share buybacks.
Canadian Imperial Bank (CM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Investors interested in stocks from the Banks - Foreign sector have probably already heard of Lloyds (LYG) and Canadian Imperial Bank (CM). But which of these two stocks presents investors with the better value opportunity right now?
March investments totaled around $1,200, mainly in BDCs like Blue Owl Capital and Ares Capital, boosting annual dividend income by $100. Dividend income hit a new all-time record of $1,404, up 17% Y/Y driven by substantial purchases over the last twelve months. Focus remains firmly on maintaining rising BDC dividends and achieving a monthly increase of at least $100 in dividend income.
Let's rank the Big 6 Canadian banks from worst to best. Whether you already hold one of these financial giants or are considering adding a bank to your portfolio, this will help you understand key strengths, weaknesses, and long-term investment potential. Royal Bank of Canada is the best all-around performer right now.
Investors interested in stocks from the Banks - Foreign sector have probably already heard of Lloyds (LYG) and Canadian Imperial Bank (CM). But which of these two stocks is more attractive to value investors?
February investments fell below $1,000, mainly in BDCs like Owl Rock Capital and Ares Capital, boosting annual dividend income by $77. Dividend income hit a new February record of $505, up 5% Y/Y driven by organic dividend growth. Focus remains firmly on maintaining rising BDC dividends and achieving a monthly increase of at least $100 in dividend income.
Canadian Imperial Bank's Q1 2025 results show strong revenue growth, solid capital strength, and impressive ROE, making it a resilient and attractive investment for long-term value investors. The bank's CET1 ratio increased to 13.5%, demonstrating its ability to absorb losses and maintain operations in uncertain economic conditions. CIBC's business segments, including Canadian Personal and Business Banking, and U.S. Commercial Banking & Wealth Management, reported significant revenue and net income growth.
TORONTO , March 13, 2025 /PRNewswire/ - CIBC (TSX: CM) (NYSE: CM) today announced that Victor Dodig plans to retire as President and Chief Executive Officer, effective October 31, 2025, and that Harry Culham has been appointed as Chief Operating Officer effective April 1, 2025 and will succeed Mr. Dodig as President and Chief Executive Officer, effective November 1, 2025.
Canadian Imperial Bank (CM) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.