Scotiabank upgraded CIBC from Sector Perform to Sector Outperform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/30/2025 | Outperform → Sector Perform | National Bank Financial | |
| 5/15/2025 | Sector Outperform | Scotiabank | |
| 4/21/2025 | Buy → Hold | Jefferies | |
| 1/8/2025 | Sector Perform → Outperform | RBC Capital Mkts | |
| 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 |
Everyday essentials and experiences take precedence TORONTO, June 4, 2025 /CNW/ - As the weather warms, a new CIBC poll finds that Canadians' sentiments on summer spending are tepid with 88 per cent concerned about how the cost of living will impact summer enjoyment. With expenses being top of mind for many, two thirds of Canadians (67 per cent) are focused on saving rather than spending this season. Canadians plan to allocate most of their funds to everyday expenses, such as gas and groceries with nearly half (46 per cent) trying to reduce daily spending and over a quarter (3
Annual awards highlight financial service providers delivering a superior customer experience TORONTO, June 9, 2025 /CNW/ - CIBC has won the 2025 Digital CX Award for Best Use of AI for Customer Experience from The Digital Banker, recognizing the bank's innovative AI-powered voice assistant. The Digital Banker Awards recognize excellence in customer experience across the financial services landscape and strive to provide unbiased and objective benchmarks for the global industry, highlighting financial service providers that deliver a superior and consistent customer experienc
TORONTO, June 5, 2025 /CNW/ - CIBC (TSX:CM) (NYSE:CM) today announced its intention to redeem all $1.0 billion of its 2.01% Debentures due July 21, 2030 (Non-Viability Contingent Capital (NVCC)) (subordinated indebtedness) (the "Debentures"). In accordance with their terms, the Debentures will be redeemed at 100% of their principal amount on July 21, 2025, together with accrued and unpaid interest up to but excluding the redemption date. Interest on the Debentures will cease to accrue from and after the redemption date. The redemption will be financed out of the general corpor