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Investors interested in Banks - Foreign stocks are likely familiar with Intesa Sanpaolo SpA (ISNPY) and Canadian Imperial Bank (CM). But which of these two companies is the best option for those looking for undervalued stocks?

Investors interested in Banks - Foreign stocks are likely familiar with Banco Do Brasil SA (BDORY) and Canadian Imperial Bank (CM). But which of these two stocks offers value investors a better bang for their buck right now?

Canadian Imperial Bank of Commerce is one of Canada's six largest banks with substantial scale. Higher interest rates and a slower Canadian economy are leading to expectations of possible higher provisions for credit losses. Higher U.S. Treasury yields could also be a headwind for the valuation.

Investors with an interest in Banks - Foreign stocks have likely encountered both HSBC (HSBC) and Canadian Imperial Bank (CM). But which of these two stocks offers value investors a better bang for their buck right now?

Investors interested in Banks - Foreign stocks are likely familiar with Shinhan Financial (SHG) and Canadian Imperial Bank (CM). But which of these two stocks offers value investors a better bang for their buck right now?

Increase in provisions and expenses hurt Canadian Imperial's (CM) fiscal Q3 earnings.

Canadian Imperial Bank of Commerce (CIBC) (TSX:CM)'s profits in the fiscal third quarter took a hit as the Toronto-based bank set aside additional provisions for credit losses as consumers and businesses alike struggle to repay their debts amid inflationary pressures. The bank joined its "Big Six" Canadian bank peers in guarding against bad loans, a trend that dragged down earnings across the sector.

Canadian Imperial Bank (CM) came out with quarterly earnings of $1.14 per share, missing the Zacks Consensus Estimate of $1.25 per share. This compares to earnings of $1.45 per share a year ago.

Canadian Imperial Bank of Commerce (CIBC) (TSX:CM) is expected to post a drop in earnings but higher revenue for the fiscal third quarter when it reports before the opening bell on Thursday, August 31. Analysts, on average, expect the Toronto-based bank to post earnings per share of C$1.68, compared to EPS of C$1.85 in the year-ago quarter.