Date | Price Target | Rating | Analyst |
---|---|---|---|
8/30/2024 | Neutral → Buy | BofA Securities | |
7/2/2024 | Neutral | UBS | |
6/3/2024 | Mkt Perform → Outperform | Keefe Bruyette | |
3/20/2024 | Underweight | Barclays | |
2/22/2024 | Buy | Jefferies | |
2/20/2024 | Sector Perform → Sector Outperform | Scotiabank | |
12/20/2023 | Sector Perform → Outperform | National Bank Financial | |
12/18/2023 | Underperform → Neutral | BofA Securities |
BofA Securities upgraded CIBC from Neutral to Buy
UBS initiated coverage of CIBC with a rating of Neutral
Keefe Bruyette upgraded CIBC from Mkt Perform to Outperform
FWP - CANADIAN IMPERIAL BANK OF COMMERCE /CAN/ (0001045520) (Subject)
FWP - CANADIAN IMPERIAL BANK OF COMMERCE /CAN/ (0001045520) (Subject)
FWP - CANADIAN IMPERIAL BANK OF COMMERCE /CAN/ (0001045520) (Subject)
TORONTO, Sept. 6, 2024 /CNW/ - CIBC (TSX:CM) (NYSE:CM) announced today that the Toronto Stock Exchange (TSX) has accepted notice of CIBC's intention to make a normal course issuer bid (NCIB). As previously announced on August 29, 2024, CIBC intends to purchase for cancellation up to 20 million common shares under a new NCIB. TSX approval permits CIBC to purchase for cancellation from time to time up to 20 million common shares, representing approximately 2.1% of CIBC's 944,972,539 issued and outstanding common shares as of August 31, 2024. The average daily trading volume for
A roundup of the most newsworthy press releases from Cision Distribution this week TORONTO, Sept. 6, 2024 /CNW/ - With thousands of press releases published each week, it can be difficult to keep up with everything on Cision. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed. The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that
CHICAGO, Sept. 5, 2024 /PRNewswire/ - CIBC US today announced that the CIBC Agility™ Certificate of Deposit (CD) has been awarded "Best Short-Term CD" in the 2024 Smart Money Awards, presented by REAL SIMPLE. This recognition highlights the bank's dedication to providing innovative financial products that meet the evolving needs of its clients. "At CIBC, we understand that many Americans struggle to save enough for their future," said Dan Sullivan, Jr., head of Private and Personal Banking at CIBC US. "With competitive rates and flexible terms, the CIBC Agility CD is a smart choice for anyone looking to grow their savings while enjoying peace of mind." The CIBC Agility CD offers clients a u
CIBC today announced a split (the "CDR Split") of its Nvidia Canadian Depositary Receipts (CAD Hedged) ("Nvidia CDRs"), as indicated in the table below. Cboe Canada Ticker Symbol CDR Series Closing Price (July 2, 2024) Forward Split Ratio NVDA Nvidia Canadian Depositary Receipts (CAD Hedged) $115.70 4-for-1 The CDR Split will take effect by way of a subdivision of all Nvidia CDRs that are outstanding after the close of trading on July 9, 2024, each outstanding Nvidia CDR automatically being split into the number of post-split Nvidia CDRs as indicated in the table abov
UBS analyst Jill Shea initiates coverage on Canadian Imperial Bank (TSX:CM) with a Neutral rating and announces Price Target of C$70.
Roles in Data, Advanced Analytics and AI will bolster the bank's tech talent over the next 12 months TORONTO, Aug. 6, 2024 /CNW/ - CIBC today announced plans to hire more than 200 data and AI roles over the next 12 months as it continues to leverage AI capabilities to further execute on the bank's client-focused strategy. "We strongly believe that using AI thoughtfully will add to the momentum we have across our bank in delivering for our stakeholders and executing on our client-focused growth strategy," said Christina Kramer, Group Head, Technology, Infrastructure and Innovat
TORONTO, April 16, 2024 /CNW/ - CIBC has proudly been recognized as one of Canada's Greenest Employers for 2024, marking the third consecutive year the bank has received this award from MediaCorp Canada. This recognition underscores CIBC's commitment to environmental stewardship and its efforts to create a culture of sustainability within the bank and broader community. "We are honoured to be named as one of Canada's Greenest Employers," said Kikelomo Lawal, Executive Vice-President, Chief Legal Officer and Chair of the Senior Executive ESG Council, CIBC. "Sustainability is a
TORONTO, Aug. 29, 2024 /CNW/ - CIBC (TSX:CM) (NYSE:CM) announced today that its Board of Directors declared a dividend of $0.90 per share on common shares for the quarter ending October 31, 2024 payable on October 28, 2024 to shareholders of record at the close of business on September 27, 2024. Class A Preferred Shares The Board of Directors also declared the following dividends per share: For the period ending October 31, 2024 payable on October 28, 2024 to shareholders of record at the close of business on September 27, 2024: Series 41 - $0.244313 Series 43 - $0.196438 Seri
TORONTO, Aug. 29, 2024 /CNW/ - CIBC (TSX:CM) (NYSE:CM) today announced its financial results for the third quarter ended July 31, 2024. Third quarter highlights Q3/24 Q3/23 (1) Q2/24 YoY Variance QoQ Variance Revenue $6,604 million $5,852 million $6,164 million +13 % +7 % Reported Net Income $1,795 million $1,432 million $1,749 million +25 % +3 % Adjusted Net Income (2) $1,895 million $1,475 million $1,718 million +28 % +10 % Adjusted pre-provision, pre-tax earnings (2) $2,939 million $2,602 million $2,690 million +13 % +9 % Reported Diluted Earnings Per Shar
TORONTO, Aug. 23, 2024 /CNW/ - CIBC (TSX:CM) (NYSE:CM) – CIBC Asset Management Inc. today announced the August 2024 cash distributions for CIBC ETFs and ETF Series of the CIBC Fixed Income Pools, which distribute monthly. Unitholders of record on August 30, 2024, will receive cash distributions payable on September 5, 2024. Details of the final "per unit" distribution amounts are as follows: CIBC ETF TickerSymbols Exchange Cash DistributionPer Unit ($) CIBC Active Investment Grade Corporate Bond ETF CACB TSX $0.076 CIBC Active Investment Grade Floating Rate Bond ETF CAFR TSX
SC 13G/A - CANADIAN IMPERIAL BANK OF COMMERCE /CAN/ (0001045520) (Subject)
SC 13G - CANADIAN IMPERIAL BANK OF COMMERCE /CAN/ (0001045520) (Subject)