Canadian Imperial Bank Of Commerce
Canadian Imperial Bank of Commerce (CIBC) is a global financial institution. CIBC serves its clients through three strategic business units (SBUs): Retail and Business Banking, Wealth Management, and Wholesale Banking. Retail and Business Banking provides clients across Canada with financial advice, products and services through a team of advisors over 1,100 branches as well as automated banking machines (ABMs), mobile sales force, telephone banking, online and mobile banking. Wealth Management provides relationship-based advisory services and a suite of investment solutions to meet the needs of institutional, retail and high net worth clients. CIBC's three main operating groups are supported by six functional groups: Technology and Operations; Corporate Development; Finance; Treasury; Administration; and Risk Management, which form part of Corporate and Other. In September 2012, it acquired Griffis & Small, LLC.
Carries 12.0x more debt than cash on its balance sheet.
Current Price
$109.94
-1.97%GoodMoat Value
$101.06
8.1% overvaluedCanadian Imperial Bank Of Commerce (CM) Stock Analysis
CM Financial Charts
FCF vs CAPEX
Forward estimates use -7.0% FCF growth (CAGR)
Cash vs Debt
Net Debt: 516.8B
Revenue
14.2B
FY19
14.3B
FY20
16.1B
FY21
15.8B
FY22
17.0B
FY23
18.6B
FY24
20.8B
FY25
Net Income
3.9B
FY19
2.9B
FY20
5.2B
FY21
4.5B
FY22
3.7B
FY23
5.2B
FY24
6.0B
FY25
CM 52-Week Range
Profit margin of 30.9% — that's well above average.
Canadian Imperial Bank Of Commerce (CM) Financial Summary
Canadian Imperial Bank Of Commerce (CM) is a Financial Services company in the Banks - Diversified industry, listed on NYSE. The stock currently trades at $109.94 with a market capitalization of $101.87B.
Key valuation metrics include a P/E ratio of 15.42, price-to-book ratio of 2.22, and EPS of $6.12. The company reports a profit margin of 30.9% and return on equity of 14.8%.
CM Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $101.87B |
| P/E Ratio | 15.42 |
| EPS | $6.12 |
| P/B Ratio | 2.22 |
| P/S Ratio | 4.66 |
| EV/EBITDA | 68.71 |
| Dividend Yield | 2.80% |
| Profit Margin | 30.9% |
| Return on Equity | 14.8% |
| Debt/Equity | 12.31 |
CM Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $14.21B | $3.89B |
| FY20 | $14.31B | $2.89B |
| FY21 | $16.14B | $5.18B |
| FY22 | $15.82B | $4.51B |
| FY23 | $17.03B | $3.65B |
| FY24 | $18.56B | $5.16B |
| FY25 | $20.81B | $6.02B |
Canadian Imperial Bank Of Commerce (CM) Valuation
Based on GoodMoat's DCF model, Canadian Imperial Bank Of Commerce has a fair value estimate of $101.06. At the current price of $109.94, the stock appears 8.8% overvalued relative to our intrinsic value estimate.
CM Quality Indicators
Canadian Imperial Bank Of Commerce maintains a profit margin of 30.9% and an operating margin of 37.5%. Return on equity stands at 14.8%. Debt-to-equity ratio is 12.31.
About Canadian Imperial Bank Of Commerce
Canadian Imperial Bank of Commerce (CIBC) is a global financial institution. CIBC serves its clients through three strategic business units (SBUs): Retail and Business Banking, Wealth Management, and Wholesale Banking. Retail and Business Banking provides clients across Canada with financial advice, products and services through a team of advisors over 1,100 branches as well as automated banking machines (ABMs), mobile sales force, telephone banking, online and mobile banking. Wealth Management provides relationship-based advisory services and a suite of investment solutions to meet the needs of institutional, retail and high net worth clients. CIBC's three main operating groups are supported by six functional groups: Technology and Operations; Corporate Development; Finance; Treasury; Administration; and Risk Management, which form part of Corporate and Other. In September 2012, it acquired Griffis & Small, LLC.
CM Free Cash Flow
Canadian Imperial Bank Of Commerce generated $9.09B in trailing twelve-month free cash flow, representing an FCF yield of 8.93%. This strong FCF yield suggests the company generates substantial cash relative to its market value.
CM Shares Outstanding
Canadian Imperial Bank Of Commerce has 0.93 billion shares outstanding at a share price of $109.94, giving it a market capitalization of $101.87B.