Canadian Imperial Bank of Commerce
Canadian Imperial Bank of Commerce is a diversified financial institution that provides banking, wealth management, and capital markets services to personal, business, commercial, public sector, and institutional clients. The bank serves customers across Canada, the United States, and select international markets through retail banking, commercial lending, advisory, investment, and treasury-related solutions. Its main business segments include Canadian personal and business banking, Canadian commercial banking and wealth management, U.S. commercial banking and wealth management, and capital markets. Canadian Imperial Bank of Commerce plays a significant role in the North American financial system by supporting everyday banking needs, business financing, and institutional market activity through a broad range of financial products and services.
$112.48
+$0.22 (+0.20%)
EOD Oct 16, 2026
29.14% net margin is above average for a financial institution, suggesting strong underwriting or fee income alongside controlled credit costs.
Revenue grew 57.1% YoY.
At 15x earnings, the multiple is above the banking sector average. Financials rarely sustain elevated multiples through credit cycles.
15.1x earnings. In line with financial-sector norms. The question is whether the current credit environment supports sustained earnings at this level.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
C$32.17B
▲ +57.1% YoY
Net Income (TTM)
C$10.15B
▲ +63.3% YoY
Net Margin
31.57%
P/E
15.1x
Balance Sheet
Total Assets
C$1.12T
Equity
C$64.41B
Total Debt
C$227.76B
Cash & Equiv.
C$92.81B
3Y CAGR: +10.1%
Continue Research
Is Canadian Imperial Bank of Commerce (CM) overvalued?
At a P/E of 15.1 and a price-to-free-cash-flow of 11.4, Canadian Imperial Bank of Commerce (CM) trades above a two-stage DCF intrinsic value of about C$95.44 per share, so at C$112.48 the stock looks overvalued (15.1% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Canadian Imperial Bank of Commerce scores 91/100 on Intrinsiqq's quality scorecard (a high-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 1.0%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Canadian Imperial Bank of Commerce's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about C$95.44 per share for CM, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around C$71.58. At today's C$112.48, that puts the stock about 15.1% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Canadian Imperial Bank of Commerce a high-quality business?+
Canadian Imperial Bank of Commerce scores 91 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a high-quality business on these measures. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does Canadian Imperial Bank of Commerce (CM) pay a dividend, and how much?+
Yes, Canadian Imperial Bank of Commerce pays a regular dividend of about C$1.53 per share per year (typically in quarterly installments), a yield of roughly 1.0% at the current price. That is a payout ratio of about 13.9% of earnings, so the dividend is amply covered by earnings. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For CM's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is Canadian Imperial Bank of Commerce a good stock to buy right now?+
That depends on valuation and quality together, not either alone. CM currently trades above its estimated intrinsic value and scores 91/100 on quality (high-quality). It also yields about 1.0%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.