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Canadian Imperial Bank (CM) could produce exceptional returns because of its solid growth attributes.

Canadian Imperial Bank (CM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Does Canadian Imperial Bank (CM) have what it takes to be a top stock pick for momentum investors? Let's find out.

A fall in provisions, a rise in loan balance and higher revenues support CM's fiscal Q3 earnings, while an increase in expenses acts as a headwind.

Concerns around expenses and asset quality notwithstanding, CIBC has been one of the better-performing 'Big Six' Canadian banks this year. Fiscal Q3 results were solid. While earnings were boosted by lower levels of provisioning, there was a strong contribution from pre-provision income too. CIBC offers investors a 4.7% dividend yield. Between its current payout ratio, growth prospects, and ROE, it should be able to deliver enough supplemental growth to make that work.

Canadian Imperial Bank of Commerce (CIBC) (TSX:CM) shares added more than 5% after the bank's fiscal third quarter earnings topped estimates on higher revenues and lower provisions for credit losses. Revenue was $6.6 billion, ahead of the $6.27 billion expected as earnings per share of $1.93 topped estimates of $1.74.

Canadian Imperial Bank of Commerce (NYSE:CM ) Q3 2024 Earnings Conference Call August 29, 2024 8:00 AM ET Company Participants Geoff Weiss - Senior Vice President, Investor Relations Victor Dodig - President and Chief Executive Officer Robert Sedran - Senior Executive Vice-President and Chief Financial Officer Frank Guse - Chief Risk Officer Hratch Panossian - Senior Executive Vice-President and Head of Personal and Business Banking, Canada Jon Hountalas - Senior Executive Vice President & Group Head, Canadian Banking Shawn Beber - Senior Executive Vice-President & Group Head, U.S. Region; President & CEO, CIBC Bank USA Conference Call Participants Ebrahim Poonawala - Bank of America Matthew Lee - Canaccord Genuity Gabriel Dechaine - National Bank Financial Meny Grauman - Scotiabank Doug Young - Desjardin Capital Markets Mario Mendonca - TD Securities John Aiken - Jefferies Nigel D'Souza - Veritas Investment Research Darko Mihelic - RBC Capital Markets Sorab Movahedi - BMO Capital Mark

Canadian Imperial Bank (CM) came out with quarterly earnings of $1.41 per share, beating the Zacks Consensus Estimate of $1.28 per share. This compares to earnings of $1.14 per share a year ago.

Investors looking for stocks in the Banks - Foreign sector might want to consider either Svenska Handelsbanken Ab Publ (SVNLY) or Canadian Imperial Bank (CM). But which of these two stocks offers value investors a better bang for their buck right now?

Canadian Imperial Bank (CM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.