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Canadian Imperial Bank of Commerce
Previous close
$65.21
Day range
$64.94 - $65.54
Year range
$37.97 - $65.54
Market cap
61.80B USD
Avg Volume
922.69K
P/E ratio
13.24
Dividend yield
4.07%
In the news
Financials
Income Statement
Revenue
Net income
(CAD) | Jul 2024info | Y/Y change |
---|---|---|
Revenue | 6.12B | 19.64% |
Operating expense | 3.68B | 11.34% |
Net income | 1.79B | 25.60% |
Net profit margin | 29.18 | 4.96% |
Earnings per share | 1.93 | 26.97% |
EBITDA | — | — |
Effective tax rate | 26.40% | — |
Balance Sheet
Total assets
Total liabilities
(CAD) | Jul 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 263.18B | 16.30% |
Total assets | 1.02T | 8.31% |
Total liabilities | 963.62B | 8.08% |
Total equity | 57.78B | — |
Shares outstanding | 944.55M | — |
Price to book | 1.12 | — |
Return on assets | 0.71% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
(CAD) | Jul 2024info | Y/Y change |
---|---|---|
Net income | 1.79B | 25.60% |
Cash from operations | 2.77B | 158.95% |
Cash from investing | -9.34B | -676.00% |
Cash from financing | 7.95B | 429.06% |
Net change in cash | 1.38B | 116.50% |
Free cash flow | — | — |
About
The Canadian Imperial Bank of Commerce is a Canadian multinational banking and financial services corporation headquartered at CIBC Square in the Financial District of Toronto, Ontario. The Canadian Imperial Bank of Commerce was formed through the 1961 merger of the Canadian Bank of Commerce and the Imperial Bank of Canada, in the largest merger between chartered banks in Canadian history. It is one of two "Big Five" banks founded in Toronto, the other being the Toronto-Dominion Bank.
The bank has four strategic business units: Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets. It has international operations in the United States, the Caribbean, Asia, and United Kingdom. Globally, CIBC serves more than eleven million clients, and has over 40,000 employees. The company ranks at number 172 on the Forbes Global 2000 listing.
CIBC's Institution Number is 010, and its SWIFT code is CIBCCATT. Wikipedia
Founded
Jun 1, 1961
Website
Employees
48,552