Canadian Imperial Bank of Commerce (TSE:CM) Reaches New 12-Month High – Still a Buy?

Posted by Brian Himes on May 25th, 2026

Canadian Imperial Bank of Commerce (TSE:CM – Get Free Report) (NYSE:CM)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as C$162.12 and last traded at C$161.86, with a volume of 81746 shares changing hands. The stock had previously closed at C$158.27.

Wall Street Analyst Weigh In

Several research firms have issued reports on CM. TD Securities boosted their target price on Canadian Imperial Bank of Commerce from C$142.00 to C$153.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Jefferies Financial Group lifted their price target on Canadian Imperial Bank of Commerce from C$136.00 to C$143.00 in a research note on Wednesday, May 20th. Barclays upped their price objective on Canadian Imperial Bank of Commerce from C$137.00 to C$141.00 in a report on Monday, March 2nd. Scotiabank increased their price objective on Canadian Imperial Bank of Commerce from C$153.00 to C$159.00 and gave the stock a “sector outperform” rating in a research report on Monday, May 4th. Finally, National Bank Financial increased their price target on shares of Canadian Imperial Bank of Commerce from C$150.00 to C$152.00 and gave the company a “sector perform” rating in a report on Friday, May 15th. Seven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$152.86.

Read Our Latest Stock Report on Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce Price Performance

The stock has a 50-day simple moving average of C$143.40 and a 200 day simple moving average of C$132.93. The company has a market capitalization of C$148.54 billion, a PE ratio of 16.83, a P/E/G ratio of 3.03 and a beta of 1.30.

Canadian Imperial Bank of Commerce (TSE:CM – Get Free Report) (NYSE:CM) last announced its quarterly earnings results on Thursday, February 26th. The company reported C$2.76 earnings per share for the quarter. Canadian Imperial Bank of Commerce had a return on equity of 14.76% and a net margin of 17.63%.The business had revenue of C$8.40 billion during the quarter. As a group, research analysts predict that Canadian Imperial Bank of Commerce will post 6.4127341 EPS for the current fiscal year.

Canadian Imperial Bank of Commerce Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 28th. Shareholders of record on Tuesday, April 28th were issued a $1.07 dividend. This represents a $4.28 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Friday, March 27th. Canadian Imperial Bank of Commerce’s dividend payout ratio is 41.50%.

Canadian Imperial Bank of Commerce Company Profile

(Get Free Report)

CIBC is a leading North American financial institution with 15 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world.