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Why Canadian Imperial Bank Remains A Buy Despite Economic Uncertainty
Seeking Alpha· 2025-03-20 07:04
I am currently a finance student at York University, where I’m building a strong foundation in financial markets and investment strategies. As a dividend investor, I’ve chosen to invest in solid Canadian banks like BMO and TD for their reliable returns and growth potential. Although I’m new to investing, my passion for it drives me to continuously learn and improve. Writing for Seeking Alpha allows me to share my journey, insights, and analyses with a broader audience. My motivation is to engage with the in ...
CIBC President and CEO Victor Dodig Announces Plan to Retire October 31, 2025; Harry Culham Appointed Chief Operating Officer effective April 1, 2025 and Named to Succeed Dodig as CIBC President and CEO November 1, 2025
Prnewswire· 2025-03-13 09:57
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. Mr. Dodig will serve as a special advisor to Mr. Culham and the Board from November 1, 2025 to April 30, 2026 to support a seamless transi ...
Canadian Imperial Bank (CM) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-03-04 18:05
Canadian Imperial Bank (CM) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of ...
Why Canadian Imperial Bank (CM) is a Top Dividend Stock for Your Portfolio
ZACKS· 2025-03-04 17:45
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that ...
CIBC price target raised by C$5 at RBC Capital
Thefly· 2025-02-28 16:07
Mon BMGLX BMGL Basel Medical IPO Managers: CathayPriced at: $4.002.205M SharesSpecial CommentsExclusive Analysis LockedProprietary deal commentary available to members only. Sign up or login for access. Create FREE AccountProprietary deal commentary available to members only. Sign up or login for access.Managers:$4.002.205M Shares Tues ILAGX ILAG Intelligent Living Application Group Spot Secondary Managers: Craft CapitalPriced at: $0.581.035M SharesManagers:$0.581.035M SharesSPNTX SPNT SiriusPoint Spo ...
CIBC(CM) - 2025 Q1 - Earnings Call Transcript
2025-02-27 13:58
Canadian Imperial Bank of Commerce (NYSE:CM) Q1 2025 Earnings Conference Call February 27, 2025 7:30 AM ET Company Participants Geoff Weiss - Senior Vice President, Investor Relations Victor Dodig - President & Chief Executive Officer Rob Sedran - Chief Financial Officer Frank Guse - Chief Risk Officer Shawn Beber - Senior Executive Vice President & Group Head of US Region Harry Culham - Capital Markets, Global Asset Management & Enterprise Strategy Hratch Panossian - Personal & Business Banking, Canada Sus ...
CIBC(CM) - 2025 Q1 - Earnings Call Presentation
2025-02-27 13:31
Quarterly Results Presentation First Quarter 2025 February 27, 2025 All amounts are in Canadian dollars unless otherwise indicated. Forward-Looking Statements First Quarter 2025 A NOTE ABOUT FORWARD-LOOKING STATEMENTS: From time to time, we make written or oral forward-looking statements within the meaning of certain securities laws, including in this investor presentation, in other filings with Canadian securities regulators or the SEC and in other communications. All such statements are made pursuant to t ...
Canadian Imperial Bank (CM) Beats Q1 Earnings and Revenue Estimates
ZACKS· 2025-02-27 13:07
Canadian Imperial Bank (CM) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.32%. A quarter ago, it was expected that this bank and financial services company would post earnings of $1.26 per share when it actually produced earnings of $1.40, delivering a surprise of 11.11%.Over the ...
CIBC(CM) - 2025 Q1 - Quarterly Report
2025-02-27 11:38
Report to Shareholders for the First Quarter, 2025 www.cibc.com February 27, 2025 Report of the President and Chief Executive Officer Overview of results CIBC today announced its financial results for the first quarter ended January 31, 2025. Key highlights across our bank in the first quarter of 2025 included: First quarter highlights | | Q1/25 | Q1/24 | Q4/24 | YoY Variance | QoQ Variance | | --- | --- | --- | --- | --- | --- | | Revenue | $7,281 million | $6,221 million | $6,617 million | +17% | +10% | | ...
Canadian Imperial Bank (CM) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2025-02-20 16:06
Core Viewpoint - The Canadian Imperial Bank (CM) is expected to report a year-over-year increase in earnings driven by higher revenues, with the consensus outlook being crucial for assessing the company's earnings picture [1][3]. Earnings Expectations - The earnings report is anticipated on February 27, 2025, with expected quarterly earnings of $1.36 per share, reflecting a +1.5% change year-over-year, and revenues projected at $4.79 billion, up 4% from the previous year [3][2]. - A positive earnings surprise could lead to a stock price increase, while a miss could result in a decline [2]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [4]. - The Most Accurate Estimate for Canadian Imperial Bank is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -5.15%, suggesting a bearish sentiment among analysts [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the likelihood of actual earnings deviating from consensus estimates, with a focus on positive readings for predictive power [6][7]. - Stocks with a positive Earnings ESP and a Zacks Rank of 1, 2, or 3 have historically shown a nearly 70% chance of delivering a positive surprise [8]. Historical Performance - In the last reported quarter, Canadian Imperial Bank exceeded the expected earnings of $1.26 per share by delivering $1.40, resulting in a surprise of +11.11% [12]. - The company has beaten consensus EPS estimates in all of the last four quarters [13]. Industry Context - In comparison, Bank of Montreal (BMO) is expected to report earnings of $1.68 per share for the same quarter, indicating a year-over-year decline of -11.6%, with revenues projected at $5.98 billion, up 5.3% [17]. - BMO's consensus EPS estimate has been revised 0.4% lower, resulting in an Earnings ESP of -3.57%, making it difficult to predict a beat on consensus estimates [18].