Cibc Stock Symbol Overview and Insights

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CIBC's stock symbol is NYSE: CM, which is listed on the New York Stock Exchange.

The bank's Canadian stock symbol is Toronto Stock Exchange: CM, also known as TSX: CM.

CIBC is one of the largest banks in Canada, with a long history dating back to 1867.

TSE:CM

TSE:CM is a Canadian bank that's been making waves in the financial sector. It's a solid performer in personal and commercial banking, as well as wealth management.

The bank has a strong domestic presence and a compelling 4% dividend, making it a stable investment option. Recent performance suggests that it was once undervalued but has improved under new management.

One of the concerns surrounding CM is its exposure to residential mortgages and commercial real estate, particularly with the anticipated mortgage resets in 2025. This could potentially lead to some headwinds in the Canadian economy.

Despite these concerns, experts still recommend a moderately cautious approach, particularly regarding profit-taking at current levels. The bank's shares remain cheap, and it's still a good option for investors looking for a stable dividend.

Credit: youtube.com, What is the Company behind the CM Stock Ticker? about Canadian Imperial Bank of Commerce

Here are some key facts about TSE:CM:

  • Strong domestic presence
  • Solid performance in personal and commercial banking, as well as wealth management
  • Compelling 4% dividend
  • Exposure to residential mortgages and commercial real estate
  • Anticipated mortgage resets in 2025

Some analysts are bullish on CM, suggesting that its shares should move higher and break through the $63 lid. They also point out that the chart looks good, making it a good option for investors.

CIBC Stock Analysis

CIBC beat estimates after another quarter of stronger-than-expected credit quality. This suggests that the bank's US business is recovering from its problems in commercial real estate.

According to Stockchase, the stock experts' signals indicate that CIBC is a buy, with a high score. This means that most experts recommend buying the stock.

In the last year, 15 stock analysts published opinions about CIBC, with 8 recommending to BUY the stock and 3 recommending to SELL it.

Rating

Canadian Imperial Bank of Commerce has a Stockchase rating based on stock experts' signals, with a score that indicates their recommendations to buy or sell the stock.

A high score means experts mostly recommend buying the stock, while a low score means they mostly recommend selling it.

Credit: youtube.com, CIBC STOCK REVIEW 2022 (FULLY UPDATED)

In the last year, 15 stock analysts published opinions about CM-T, providing valuable insights for investors.

8 out of 15 analysts recommended buying the stock, showing a positive sentiment towards Canadian Imperial Bank of Commerce.

3 analysts recommended selling the stock, indicating some caution among experts.

The latest stock analyst recommendation is not specified, but you can read the latest stock experts' ratings for Canadian Imperial Bank of Commerce to stay up-to-date.

Is a Good Investment?

Canadian Imperial Bank of Commerce has been recommended as a Top Pick by a stock expert on a specific date, but we don't know the exact date.

This recommendation suggests that the bank has strong potential for growth and stability, making it a good investment option.

Canadian Imperial Bank of Commerce has received expert ratings, but the article doesn't specify who the expert is or what the ratings are.

Investors should consider this recommendation as one of many factors when deciding whether to invest in CIBC stock.

The bank's stock performance and stability can be influenced by various market and economic factors, but the article doesn't provide specific details on this.

If you're considering investing in CIBC stock, it's essential to do your own research and consult with financial experts to make an informed decision.

Why Stock Is Dropping

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One major reason why CIBC stock might be dropping is earnings reports. If the bank's earnings don't meet expectations, investors might get nervous and sell their shares.

Recent company news can also cause the stock price to drop. This could be due to any number of factors, from changes in leadership to unexpected regulatory issues.

Investors often rely on stock experts' recommendations to help them decide whether to buy, sell, or hold a stock. Reading these recommendations can give you a better sense of whether CIBC is a good investment at the moment.

Is Worth Watching?

Canadian Imperial Bank of Commerce is definitely worth watching, as 15 stock analysts on Stockchase covered it in the last year.

These analysts are experts in the field and have a keen eye for spotting trends and potential investments. One of the key indicators of a stock's worth watching is the number of analyst recommendations, and in this case, 15 experts have weighed in.

In the last year, 8 analysts recommended buying CIBC stock, while 3 analysts suggested selling it. This suggests that the majority of analysts are optimistic about the bank's future prospects.

CIBC Beats as Real Estate Woes Ease, Credit Losses Down

Credit: youtube.com, Is CIBC Stock Still a Good Buy After Its Big Rebound?

CIBC beat estimates after another quarter of stronger-than-expected credit quality. This is a significant improvement from previous periods.

Its US business is showing signs that it’s getting over its problems in commercial real estate. This is a major relief for investors.

CIBC is poised to produce income, making it an attractive option for dividend investors.

CIBC Stock Performance

CIBC's stock price has fluctuated over the years, with a low of $64.44 in 2009 and a high of $144.95 in 2020.

The bank's stock price has been influenced by various market and economic factors, including the COVID-19 pandemic.

In 2020, CIBC's stock price increased by 45% due to the bank's strong performance during the pandemic.

CIBC's stock price has also been impacted by its dividend payments, which have been consistently paid out to shareholders.

The bank's dividend yield has averaged around 4.5% over the past five years.

CIBC's stock price has historically been more volatile than its peers, with a beta of 1.2 compared to the S&P/TSX Composite Index.

The bank's stock price has also been influenced by its acquisitions and mergers, including the 2017 acquisition of Private Wealth.

CIBC's stock price has shown a strong correlation with the Canadian economy, which has experienced periods of growth and decline.

CIBC Earnings Calls

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CIBC Earnings Calls are a great way to stay up-to-date on the bank's financial performance. The Canadian Imperial Bank of Commerce (CM) releases earnings call transcripts for each quarter.

The CM earnings call for the period ending June 30, 2022, is a good example of how the bank reports its financial results. In this call, the bank discusses its Q3 2022 earnings.

The CM earnings call for the period ending December 31, 2021, shows the bank's financial performance for Q1 2022. This call is also a good resource for understanding the bank's financials.

Q4 2021 Earnings Call

The Q4 2021 Earnings Call for CIBC was a significant event, as it provided insight into the bank's performance during the period ending October 31, 2021.

CIBC's Q4 2021 Earnings Call was for the period ending October 31, 2021, as mentioned in the Canadian Imperial Bank of Commerce (CM) Q4 2021 Earnings Call Transcript.

The transcript of this call is available, offering a detailed look at the bank's financials and management's discussion of its performance during that quarter.

CIBC's Q4 2021 Earnings Call was a key event for investors and analysts, providing them with valuable information to inform their decisions.

Q1 2022 Earnings Call

Credit: youtube.com, TSX Quarterly - Canadian Imperial Bank of Commerce (TSX:CM) | 2022 Q1

The Q1 2022 Earnings Call for Canadian Imperial Bank of Commerce (CIBC) was held for the period ending December 31, 2021.

This call was a transcript of CIBC's earnings report, providing insight into the bank's financial performance during the specified period.

CIBC's Q1 2022 earnings call was a significant event, offering valuable information to investors and analysts about the bank's financial health.

The call was focused on CIBC's financial results, with the bank reporting its earnings for the period.

CIBC's Q1 2022 earnings call provided a detailed look at the bank's financial performance, including its revenue, expenses, and profit.

This information is crucial for investors and analysts to understand CIBC's financial position and make informed decisions.

The call was a key event for CIBC, offering a glimpse into the bank's financial performance during the period.

CIBC's Q1 2022 earnings call transcript is a valuable resource for anyone interested in the bank's financial results.

CIBC Dividend and Share Information

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Canadian Imperial Bank of Commerce, or CIBC, is poised to produce income.

CIBC is mentioned as one of the big dividend-paying banks around the globe.

Big dividends are still available at home and abroad, and CIBC is part of that group.

CIBC Declares Dividends

CIBC has a long history of making quarterly payouts to investors, a tradition that dates back to 1997.

Every year since then, investors have received their share of the bank's profits, making CIBC a reliable choice for dividend income.

The bank's commitment to quarterly dividends has been unwavering, providing a steady stream of income for investors who have held on to their shares.

Whether you're a seasoned investor or just starting out, CIBC's dividend history is a reassuring sign of the bank's stability and financial health.

CIBC to Redeem Preferred Shares Series 41

CIBC has announced its intention to redeem all of its issued and outstanding Non-cumulative Rate Reset Class A Preferred Shares Series 41.

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This redemption is specifically for the Non-cumulative Rate Reset Class A Preferred Shares Series 41, which is a type of preferred share issued by CIBC.

The redemption is scheduled to take place, with the exact date not specified in the announcement.

CIBC is a large bank with operations in both Canada and the United States, as indicated by its listing on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE).

CIBC News and Updates

CIBC has been consistently paying out dividends to its investors every quarter since 1997.

The bank has a long history of rewarding its investors through quarterly payouts, which is a testament to its financial stability and growth.

CIBC Shares have hit an all-time high due to the bank's strong revenue and earnings beats.

This achievement is a result of the bank's ability to consistently deliver better-than-expected credit quality, which has contributed to its market success.

Frequently Asked Questions

What is CIBC US stock symbol?

The CIBC US stock symbol is CM. This is the ticker symbol for Canadian Imperial Bank of Commerce's common stock listed on the NYSE.

What is the symbol for CIBC Bank?

The symbol for CIBC Bank is CM-T. This symbol is used to represent the bank's stock on the Toronto Stock Exchange.

Is CIBC the same as Canadian Imperial Bank of Commerce?

Yes, CIBC and Canadian Imperial Bank of Commerce (CIBC) are one and the same institution, resulting from the historic merger of the Canadian Bank of Commerce and the Imperial Bank of Canada in 1961.

Is CIBC publicly traded?

Yes, CIBC is publicly traded on the TSX and NYSE under the symbol "CM". You can find more information on CIBC's stock trading details.

Ruben Quitzon

Lead Assigning Editor

Ruben Quitzon is a seasoned assigning editor with a keen eye for detail and a passion for storytelling. With a background in finance and journalism, Ruben has honed his expertise in covering complex topics with clarity and precision. Throughout his career, Ruben has assigned and edited articles on a wide range of topics, including the banking sectors of Belgium, Luxembourg, and the Netherlands.

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