Canadian Imperial Bank of Commerce

CM

CA1360691010

Banks

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
65.37 ^CAD	+0.94%		-0.09%	+2.46%

Apr. 26	CIBC's Week Ahead Market Call For Canada	MT
Apr. 22	National on Canadian Banks -- "Rate Uncertainty Revives Credit Cycle Concerns"	MT

CIBC Shares Climb on 1Q Earnings Beat

February 25, 2022 at 10:09 am EST

By Adriano Marchese

Canadian Imperial Bank of Commerce shares rose in early trading Friday after the bank reported better-than-expected first-quarter results.

At 9:47 a.m. ET, shares were up 3.9% to C$161.90.

CIBC reported adjusted earnings of 4.08 Canadian dollars a share, the equivalent of US$3.19 a share, beating analyst expectations of C$3.67 a share.

Revenue was C$5.5 billion from C$4.96 billion, while analysts expected C$5.24 billion.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

02-25-22 1009ET

Latest news about Canadian Imperial Bank of Commerce

CIBC's Week Ahead Market Call For Canada	Apr. 26	MT
National on Canadian Banks -- "Rate Uncertainty Revives Credit Cycle Concerns"	Apr. 22	MT
CIBC's Week Ahead Market Call For Canada	Apr. 19	MT
RBC Expects Canadian Banks' PCLs to "Continue to Normalize"	Apr. 19	MT
TSX Closer: Market Manages To Finish Up 13 Points After MIdday Plunge	Apr. 17	MT
National Bank on Federal Budget's Impact on Banks -- "No Big Surprises, Just More Clarity"	Apr. 17	MT
Economists Warn Tax Hikes Are On the Table in Tuesday's Budget	Apr. 15	MT
Canada's Banking Regulator Announced Cap on Banks' Mortgages to Highly Indebted Borrowers	Apr. 12	MT
Canada Economics Feature: CIBC's Avery Shenfeld On Talk About Tax Hikes In the Federal Budget Next Week	Apr. 12	MT
CIBC's Week Ahead Market Call For Canada	Apr. 12	MT
Canadian Banks Caught In ESG Backlash From U.S. State Officials	Apr. 10	MT
CIBC's Week Ahead Market Call For Canada	Apr. 05	MT
CIBC CEO says Canada should pursue policies that tame inflation in upcoming budget	Apr. 04	RE
Declaration of Voting Results by Canadian Imperial Bank of Commerce	Apr. 04	CI
Declaration of Voting Results by Canadian Imperial Bank of Commerce	Apr. 04	CI
Declaration of Voting Results by Canadian Imperial Bank of Commerce	Apr. 04	CI
Transcript : Canadian Imperial Bank of Commerce - Shareholder/Analyst Call	Apr. 04
CertifID, Inc. announced that it has received funding from Canadian Imperial Bank of Commerce	Apr. 01	CI
Buhler Industries In the News Four Times; Includes Reporting Q4 Loss; Streamlining of Operations; Appointment of New President; Securing of Additional Financing	Apr. 01	MT
Canadian Imperial Bank of Commerce announced a financing transaction	Mar. 31	CI
CANADA ECONOMICS FEATURE: CIBC's Avery Shenfeld On the Productivity Malaise	Mar. 28	MT
CIBC's Week Ahead Market Call For Canada	Mar. 28	MT
Boyd Group Services Inc. Extends Revolving Credit Facilities	Mar. 27	MT
Transcript : Canadian Imperial Bank of Commerce Presents at National Bank's 22nd Annual Financial Services Conference, Mar-26-2024 10:30 AM	Mar. 26
CIBC's Week Ahead Market Call For Canada	Mar. 22	MT

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Canadian Imperial Bank of Commerce is a Canada-based financial institution. The Company has 13million personal banking, business, public sector and institutional clients. Across personal and business banking, commercial banking and wealth management, and capital markets businesses, the Company offers a full range of advice, solutions and services through its digital banking network and locations across Canada, with offices in the United States and around the world. Its personal banking offers products and services, including bank accounts, credit cards, mortgages, lending, investments, insurance, ways to bank and smart advice. Its business banking products and services include accounts, credit cards, borrowing, investing, cash management, smart business advice and healthcare. It also offers various business solution, including Managing Cash Flow, Financing Your Business and Day-to-Day Banking.

Sector

Banks

Calendar

2024-05-29 - Q2 2024 Earnings Release

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Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

65.37 CAD

Average target price

67.99 CAD

Spread / Average Target

+4.00%

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Canadian Imperial Bank of Commerce

Equities

CM

CA1360691010

Banks

CIBC Shares Climb on 1Q Earnings Beat

Latest news about Canadian Imperial Bank of Commerce

Chart Canadian Imperial Bank of Commerce

Company Profile

Income Statement Evolution

Ratings for Canadian Imperial Bank of Commerce

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Banks