Desjardins Has Strong Estimate for TSE:CM Q2 Earnings

Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) – Research analysts at Desjardins boosted their Q2 2025 earnings estimates for Canadian Imperial Bank of Commerce in a research report issued to clients and investors on Thursday, February 27th. Desjardins analyst D. Young now anticipates that the company will earn $1.90 per share for the quarter, up from their previous estimate of $1.88. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $6.41 per share. Desjardins also issued estimates for Canadian Imperial Bank of Commerce’s Q3 2025 earnings at $2.04 EPS, Q4 2025 earnings at $2.01 EPS, FY2025 earnings at $8.15 EPS and FY2026 earnings at $8.50 EPS.

Several other equities research analysts also recently weighed in on the stock. Canaccord Genuity Group upped their price objective on shares of Canadian Imperial Bank of Commerce from C$92.00 to C$99.00 in a report on Friday, December 6th. Cormark upped their price objective on shares of Canadian Imperial Bank of Commerce from C$99.00 to C$104.00 in a report on Friday, December 6th. Royal Bank of Canada upped their price objective on shares of Canadian Imperial Bank of Commerce from C$103.00 to C$108.00 in a report on Friday, February 28th. National Bankshares upped their price objective on shares of Canadian Imperial Bank of Commerce from C$86.00 to C$94.00 in a report on Wednesday, November 20th. Finally, BMO Capital Markets upped their price objective on shares of Canadian Imperial Bank of Commerce from C$81.00 to C$99.00 in a report on Monday, November 18th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of C$93.50.

Canadian Imperial Bank of Commerce Stock Down 4.1 %

CM stock opened at C$83.10 on Monday. The company has a market capitalization of C$77.75 billion, a P/E ratio of 10.98, a PEG ratio of 3.03 and a beta of 1.12. The company has a 50-day simple moving average of C$89.41 and a 200 day simple moving average of C$86.08. Canadian Imperial Bank of Commerce has a fifty-two week low of C$64.02 and a fifty-two week high of C$95.50.

Insider Buying and Selling at Canadian Imperial Bank of Commerce

In other Canadian Imperial Bank of Commerce news, Senior Officer Robert Sedran sold 20,652 shares of the firm’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of C$94.97, for a total value of C$1,961,227.51. Also, Senior Officer Frank Guse sold 5,360 shares of the firm’s stock in a transaction dated Monday, December 9th. The stock was sold at an average price of C$93.28, for a total transaction of C$499,985.62. Following the completion of the transaction, the insider now owns 440 shares of the company’s stock, valued at approximately C$41,043.60. The trade was a 92.41 % decrease in their ownership of the stock. In the last three months, insiders sold 177,012 shares of company stock valued at $16,687,218. 0.02% of the stock is owned by insiders.

Canadian Imperial Bank of Commerce Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Shareholders of record on Friday, March 28th will be issued a $0.97 dividend. This represents a $3.88 dividend on an annualized basis and a yield of 4.67%. Canadian Imperial Bank of Commerce’s payout ratio is 47.55%.

About Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce is Canada’s fifth- largest bank, operating three business segments: retail and business banking, wealth management, and capital markets. It serves approximately 11 million personal banking and business customers, primarily in Canada.