Risk factor
Significant default risk
Profitability factor
Somewhat favourable analyst view
About
Canadian Imperial Bank of Commerce (CIBC), established in Toronto, Canada, in 1867, functions as a comprehensive financial institution, providing an extensive range of products and services. Its varied client base encompasses individuals, businesses, governmental entities, and institutional clients throughout Canada, the United States, and global markets. The bank organizes its operations into four principal segments: Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. CIBC's offerings span fundamental checking, savings, and business accounts; diverse lending solutions such as mortgages, personal and commercial loans, and credit lines; investment and insurance products; and credit cards, often paired with overdraft protection. Additionally, it delivers specialized services addressing daily banking requirements, wealth management strategies, global financial dealings including foreign exchange, and corporate cash management.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. Specifically, the stock is fairly valued on P/E, neutral on P/IBPT, ove
Target Price
The average target price of CM.TO is 145 and suggests 7% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to decr