About Canadian Imperial Bank of Commerce (CM)
Canadian Imperial Bank of Commerce is a Banks - Diversified company operating in the Financial Services sector. The company is headquartered in Toronto, Canada. CM has been publicly traded since 1995, giving it 31+ years of trading history.
Canadian Imperial Bank of Commerce (CM) has been publicly traded since 1995, making it a 31-year-old public company. It operates in the Banks - Diversified industry within the Financial Services sector. The company is headquartered in Toronto, Canada and employs approximately 50,469 people. With a market capitalization of C$120 billion, CM is a large established company.
CM trades on the Toronto Stock Exchange and is classified as a large-cap-cap stock with a market capitalization of approximately C$120 billion. The company employs approximately 50,469 people worldwide.
Key Statistics
- Current Price
- C$130.86
- Market Cap
- C$120.44B
- 52-Week High
- C$143.80
- 52-Week Low
- C$76.17
- Sector
- Financial Services
- Industry
- Banks - Diversified
CM Investment Performance
CM has gained 5.2% year-to-date in 2026. Over the past 5 years, a C$1,000 investment in CM would have grown to C$2,683, representing a 168.3% total return. Since its IPO in 1995, a C$1,000 investment would now be worth C$60,284.
C$1,000 Invested in Canadian Imperial Bank of Commerce (CM)
How much would C$1,000 invested in CM be worth today?
What would C$1,000 invested in CM 1 year ago be worth today?
A C$1,000 investment in Canadian Imperial Bank of Commerce (CM) in 2025 would be worth C$1,661 as of March 2026, representing a +66.1% total return.
What would C$1,000 invested in CM 3 years ago be worth today?
A C$1,000 investment in Canadian Imperial Bank of Commerce (CM) in 2023 would be worth C$2,610 as of March 2026, representing a +161.0% total return.
What would C$1,000 invested in CM 5 years ago be worth today?
A C$1,000 investment in Canadian Imperial Bank of Commerce (CM) in 2021 would be worth C$2,683 as of March 2026, representing a +168.3% total return.
What would C$1,000 invested in CM 10 years ago be worth today?
A C$1,000 investment in Canadian Imperial Bank of Commerce (CM) in 2016 would be worth C$4,385 as of March 2026, representing a +338.6% total return.
What would C$1,000 invested in CM at IPO be worth today?
A C$1,000 investment in Canadian Imperial Bank of Commerce (CM) at IPO would be worth C$60,284 as of March 2026, representing a +5928.4% total return.
Monthly Returns Heatmap
Over the past 31+ years (374 months), Canadian Imperial Bank of Commerce (CM) has averaged a monthly return of +1.29% with a median return of +1.58%. The stock had 238 positive months (64%) and 135 negative months (36%). The best month in CM's history was March 2000 with a +18.2% return, while the worst was August 1998 at -34.9%. Historically, November tends to be the strongest month (averaging +3.0%), and June the weakest (-0.5%).
CM's longest winning streak was 11 consecutive months of gains, while its longest losing streak was 7 consecutive months of losses. The best full year was 1996 with a cumulative return of +45.6%, and the worst was 2007 at -25.8%.
Annual Returns
Over 31 years of trading history, Canadian Imperial Bank of Commerce (CM) has delivered an average annual return of +15.66% with a median return of +16.77%. The compound annual growth rate (CAGR) is +13.18%. The stock posted gains in 22 years (71%) and losses in 9 years (29%).
CM's best year was 1996 with a +54.45% gain, while the worst was 2007 at -25.56%. The longest streak of consecutive positive years was 4, and the longest losing streak was 2 years. CM achieved double-digit gains (10%+) in 19 years. It suffered double-digit losses in 6 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | +5.17% | C$124.43 | C$130.86 |
| 2025 | +42.31% | C$87.44 | C$124.43 |
| 2024 | +49.56% | C$58.46 | C$87.44 |
| 2023 | +23.83% | C$47.21 | C$58.46 |
| 2022 | -21.70% | C$60.30 | C$47.21 |
| 2021 | +41.53% | C$42.61 | C$60.30 |
| 2020 | +6.99% | C$39.82 | C$42.61 |
| 2019 | +12.03% | C$35.55 | C$39.82 |
| 2018 | -12.96% | C$40.84 | C$35.55 |
| 2017 | +17.02% | C$34.90 | C$40.84 |
| 2016 | +25.91% | C$27.72 | C$34.90 |
| 2015 | -4.25% | C$28.95 | C$27.72 |
| 2014 | +14.59% | C$25.26 | C$28.95 |
| 2013 | +18.85% | C$21.25 | C$25.26 |
| 2012 | +13.68% | C$18.70 | C$21.25 |
| 2011 | -1.31% | C$18.94 | C$18.70 |
| 2010 | +20.34% | C$15.74 | C$18.94 |
| 2009 | +41.60% | C$11.12 | C$15.74 |
| 2008 | -23.14% | C$14.46 | C$11.12 |
| 2007 | -25.56% | C$19.43 | C$14.46 |
| 2006 | +32.92% | C$14.62 | C$19.43 |
| 2005 | +9.63% | C$13.33 | C$14.62 |
| 2004 | +16.77% | C$11.42 | C$13.33 |
| 2003 | +51.72% | C$7.53 | C$11.42 |
| 2002 | -17.74% | C$9.15 | C$7.53 |
| 2001 | +20.56% | C$7.59 | C$9.15 |
| 2000 | +38.81% | C$5.47 | C$7.59 |
| 1999 | -5.92% | C$5.81 | C$5.47 |
| 1998 | -12.17% | C$6.62 | C$5.81 |
| 1997 | +51.82% | C$4.36 | C$6.62 |
| 1996 | +54.45% | C$2.82 | C$4.36 |
CM Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating Canadian Imperial Bank of Commerce as an investment
Valuation
CM currently trades at a trailing P/E ratio of 13.6, which is considered low relative to the broader market. The forward P/E of 11.8 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 1.9. The price-to-sales ratio is 4.3.
Dividends
Canadian Imperial Bank of Commerce pays a dividend to shareholders with a current yield of 3.27%. This translates to C$4.28 per share annually. The payout ratio of 42% indicates sustainable dividend coverage.
Risk & Volatility
CM has a beta of 1.28, indicating it is significantly more volatile than the overall market. The stock's 52-week range is C$76.17 to C$143.80, and it currently trades near its 52-week high.
Analyst Ratings
Based on 14 analyst opinions, CM has a consensus "buy" rating. The average price target of C$143.75 suggests 9.9% upside from current levels.
Frequently Asked Questions: CM
What sector is CM in? ▼
CM operates in the Financial Services sector, specifically in the Banks - Diversified industry. This sector includes banks, insurance companies, asset managers, and fintech companies.
How has CM performed historically? ▼
Over 31 years of trading history, CM has posted gains in 22 years (71% of the time). The best year was 1996 with a +54.5% return. Past performance does not guarantee future results.
How can I invest in CM? ▼
You can invest in CM through any brokerage account that offers access to the Toronto Stock Exchange. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold CM.
Does CM pay dividends? ▼
Canadian Imperial Bank of Commerce pays a dividend to shareholders with a current yield of 3.27%. This translates to C$4.28 per share annually. The payout ratio of 42% indicates sustainable dividend coverage.
What does Canadian Imperial Bank of Commerce do? ▼
Canadian Imperial Bank of Commerce is a Banks - Diversified company operating in the Financial Services sector. The company is headquartered in Toronto, Canada.
What sector is CM in? ▼
CM operates in the Financial Services sector, specifically in the Banks - Diversified industry.
When did CM go public? ▼
Canadian Imperial Bank of Commerce went public in 1995, making it a 31-year-old public company as of 2026.
How much would C$1,000 invested in CM 5 years ago be worth today? ▼
A C$1,000 investment in CM five years ago would be worth approximately C$2,683 today, representing a 168.3% return.
How much would C$1,000 invested in CM 10 years ago be worth today? ▼
A C$1,000 investment in CM ten years ago would be worth approximately C$4,385 today, representing a 338.6% total return over the decade.
What is CM's 3-year return? ▼
Over the past 3 years, CM has returned 161.0%. A C$1,000 investment would have grown to C$2,610.
How much would C$1,000 invested in CM at IPO be worth today? ▼
If you invested C$1,000 in CM at its IPO in 1995, it would be worth approximately C$60,284 today, a 5,928.4% return over 31 years.
Does CM pay dividends? ▼
Yes, Canadian Imperial Bank of Commerce pays a dividend with a current yield of 3.27%, which is C$4.28 per share annually.
What is CM's market cap? ▼
Canadian Imperial Bank of Commerce has a market capitalization of C$120 billion, classifying it as a large-cap company.
What is CM's P/E ratio? ▼
CM has a trailing P/E ratio of 13.6 and a forward P/E of 11.8, which measures how much investors are paying per dollar of earnings.
Is CM a buy, hold, or sell? ▼
Based on 14 opinions, CM has a consensus "buy" rating. The average price target is C$143.75.
Last updated: 3/15/2026