Canadian Imperial Bank of Commerce (CM) is a publicly traded company in the Financial Services — Banks - Diversified industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Canadian Imperial Bank of Commerce (CIBC) operates as a broad-based financial services provider, extending a wide array of financial offerings and solutions. Its diverse clientele includes individuals, corporations, government entities, and large institutional clients across Canada, the United States, and globally. The bank's operations are structured into four key divisions: Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S.
Is Canadian Imperial Bank of Commerce stock overvalued or undervalued in 2026?
Canadian Imperial Bank of Commerce (CM) trades at 16.1× earnings (P/E), against a median of 13.0× across the 324 financial services companies above $2bn in Kaplio's universe. At a P/B justified by its ROTCE del 15,0 % (2.0×) $103 (-13 %); at its peers' median (1.8×) $94 (-20 %).
Kaplio overview: Canadian Imperial Bank of Commerce
Market cap $107B · 52 weeks $82 – $124 (5 % below the high) · P/E 16.1× · 2027 expected P/E 14.5× · Dividend 2.5 % · Next earnings December 3, 2026 · expected EPS $1.83 · Closing price, Oct 28 · accounts published Aug 27.
- Valuation: P/B 2.3× (fairly priced).
- Business: ROTCE 15.0 % (excellent).
- Balance sheet: Capital/assets 5.7 % (fragile).
- Earnings: 8 of 8 (on track).
What would it be worth at its usual multiples?
At a P/B justified by its ROTCE del 15,0 % (2.0×) $103 (-13 %); at its peers' median (1.8×) $94 (-20 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in banking: 2 of 5 pass
- ROA 0.9 %, fails.
- Equity / Assets (Tier 1 proxy) 5.7 %, fails.
- P/B (Price / Book) 2.3×, borderline.
- ROTCE 15.0 %, passes.
- Sustainable dividend yield 2.5 %, passes.
Against its peers (reference peers) — Canadian Imperial Bank of Commerce: P/E 16.1×; P/B 2.3×; ROE 15.4 %; $107B. The Bank of Nova Scotia (P/E 17.4×; P/B 1.8×; ROE 11.4 %; $115B), Bank of Montreal (P/E 20.2×; P/B 2.0×; ROE 10.6 %; $121B), Sumitomo Mitsui Financial Group, Inc. (P/E 14.5×; P/B 1.5×; ROE 10.9 %; $93.5B).
Expensive or cheap against its last ten fiscal years?
Precio / valor contable at each close: today 2.3× · median 1.1× · minimum 0.6× · maximum 2.4× · cheap below 0.9× · expensive above 1.4×. It has been cheaper than today 99% of the time over its last ten fiscal years.
Dividend
tight (only raised recently) · Yield 2.5 % ($3.04 per ADS in 2025) · Years raising it 2 · 5-year growth +8 % a year · Free cash flow coverage payout 47 % · With $1,000 invested today you'd collect $25.30 a year ($2.11 a month).
Investor methods verdict
Would Peter Lynch approve Canadian Imperial Bank of Commerce today?
The Lynch Method would wait for a better price for Canadian Imperial Bank of Commerce. Business quality: 52 out of 100 (price not included). Lynch classifies it as a stalwart. Kaplio assessment with data from the week of 2026-10-26; not investment advice.
Profitability
| Return on Equity | 15.44% |
| Return on Invested Capital | 0.86% |
| Return on Assets | 0.86% |
| Gross Margin | 47.52% |
| Operating Margin | 20.10% |
| Net Margin | 16.13% |
Financial Health
| Debt / Equity | 2.65 |
| Current Ratio | 0.10 |
| Piotroski F-Score | 6 |
| Altman Z-Score | -0.60 |
Price Performance
| 1 month | +5.35% |
| 3 months | -0.73% |
| Year-to-date | +29.89% |
| 1 year | +42.43% |
| 3 years | +233.21% |
| 5 years | +94.11% |
| 10 years | +214.01% |
Dividend History
Paid in the last 12 months: $3.0615 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-09-28 | $0.7551 |
| 2026-06-29 | $0.7529 |
| 2026-03-27 | $0.7708 |
| 2025-12-29 | $0.7827 |
| 2025-09-29 | $0.6976 |
| 2025-06-27 | $0.7098 |
| 2025-03-28 | $0.6791 |
| 2024-12-27 | $0.6900 |
| 2024-09-27 | $0.6680 |
| 2024-06-28 | $0.6570 |
Amounts adjusted for stock splits.
Related companies: RY.TO · TD.TO · BMO.TO · BNS.TO · NA.TO
Explore sector: Financial Services · Banks - Diversified
More sections of CM: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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