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Canadian Imperial Bank of Commerce (CM.TO)

CM.TO on Toronto Stock Exchange

97.17CAD
14 Aug 2020
Change (% chg)

$0.20 (+0.21%)
Prev Close
$96.97
Open
$96.55
Day's High
$97.94
Day's Low
$96.40
Volume
887,470
Avg. Vol
2,051,515
52-wk High
$115.96
52-wk Low
$67.52

Latest Key Developments (Source: Significant Developments)

CIBC Announces Second Quarter 2020 Results
Thursday, 28 May 2020 

May 28 (Reuters) - Canadian Imperial Bank of Commerce ::CIBC ANNOUNCES SECOND QUARTER 2020 RESULTS.QTRLY EARNINGS PER SHARE $0.83.QTRLY ADJUSTED EARNINGS PER SHARE $0.94.QTRLY COMMON EQUITY TIER 1 RATIO OF 11.3% VERSUS 11.2%.QTRLY PROVISION FOR CREDIT LOSSES $1,412 MILLION VERSUS $255 MILLION.QTRLY TOTAL REVENUE $4,578 MILLION VERSUS $4,542 MILLION.Q2 EARNINGS PER SHARE VIEW C$1.58, REVENUE VIEW C$4.68 BILLION -- REFINITIV IBES DATA.  Full Article

CIBC Plans Layoffs Amid Cost-Cutting Drive - The Globe And Mail
Friday, 31 Jan 2020 

Jan 30 (Reuters) - :CIBC PLANS LAYOFFS AMID COST-CUTTING DRIVE, CEO DODIG SAYS IN INTERNAL MEMO - THE GLOBE AND MAIL.  Full Article

CIBC CEO Says Expects 2020 Loan Growth In High Single Digits, Deposit Growth In Low Double Digits-Conference
Tuesday, 7 Jan 2020 

Jan 7 (Reuters) - Canadian Imperial Bank of Commerce ::CANADIAN IMPERIAL BANK OF COMMERCE CEO SAYS EXPECTS LOAN GROWTH IN HIGH SINGLE DIGITS, DEPOSIT GROWTH IN LOW DOUBLE DIGITS THIS YEAR-CONFERENCE.CIBC CEO SAYS 'ANOTHER RESTRUCTURING CHARGE IS ALWAYS A POSSIBILITY' FOLLOWING EARLIER CHARGE IN 2016-CONFERENCE.  Full Article

Canadian Imperial Bank Of Commerce Reports Q3 Total Revenue $4.77 Bln
Thursday, 5 Dec 2019 

Dec 5 (Reuters) - Canadian Imperial Bank of Commerce ::QTRLY REPORTED TOTAL REVENUE $4,772 MILLION VERSUS $4,452 MILLION.Q4 REVENUE VIEW C$4.72 BILLION -- REFINITIV IBES DATA.  Full Article

CIBC Reaches Agreement To Sell Majority Stake In CIBC FirstCaribbean
Friday, 8 Nov 2019 

Nov 8 (Reuters) - Canadian Imperial Bank of Commerce ::PRESS RELEASE - CIBC REACHES AGREEMENT TO SELL MAJORITY STAKE IN CIBC FIRSTCARIBBEAN.CANADIAN IMPERIAL BANK OF COMMERCE - DEAL FOR TOTAL CONSIDERATION OF US$797 MILLION.CANADIAN IMPERIAL BANK OF COMMERCE - BANK TO RETAIN 24.9% MINORITY STAKE UNDER TERMS OF AGREEMENT.CANADIAN IMPERIAL BANK OF COMMERCE - TOTAL CONSIDERATION REPRESENTS A COMPANY VALUATION OF APPROXIMATELY US$1,195 MILLION.CANADIAN IMPERIAL BANK OF COMMERCE - GNB IS ACQUIRING 66.73% OF FIRSTCARIBBEAN SHARES FROM CIBC.CANADIAN IMPERIAL BANK OF COMMERCE - CIBC'S COMMON EQUITY TIER 1 CAPITAL RATIO IS EXPECTED TO IMPROVE BY OVER 40 BPS ON CLOSING.CANADIAN IMPERIAL BANK OF COMMERCE - TOTAL DEAL CONSIDERATION IS COMPRISED OF ABOUT $200 MILLION IN CASH AND SECURED FINANCING BY CIBC FOR REMAINDER.CANADIAN IMPERIAL BANK OF COMMERCE - GNB IS ACQUIRING 66.73% OF FIRSTCARIBBEAN SHARES FROM CIBC.  Full Article

Canadian Imperial Bank Of Commerce Files For Offering Of Senior Debt Securities Of Up To $6.0 Billion
Saturday, 7 Sep 2019 

Sept 6 (Reuters) - Canadian Imperial Bank of Commerce ::CANADIAN IMPERIAL BANK OF COMMERCE FILES FOR OFFERING OF SENIOR DEBT SECURITIES OF UP TO $6.0 BILLION - SEC FILING.  Full Article

CIBC To Acquire U.S. Investment Banking Firm Cleary Gull
Tuesday, 9 Jul 2019 

July 9 (Reuters) - Canadian Imperial Bank of Commerce ::CIBC TO ACQUIRE US INVESTMENT BANKING FIRM CLEARY GULL.CANADIAN IMPERIAL BANK OF COMMERCE - TERMS WERE NOT DISCLOSED..CANADIAN IMPERIAL BANK OF COMMERCE - TRANSACTION IS EXPECTED TO CLOSE IN Q4, PENDING REGULATORY APPROVAL..  Full Article

Visa Canada Enters Into New Long-Term Agreements
Monday, 26 Nov 2018 

Nov 26 (Reuters) - Visa Inc ::VISA CANADA ENTERS INTO NEW LONG-TERM AGREEMENTS WITH AIR CANADA, TD AND CIBC TO BE THE NETWORK PARTNER FOR AIR CANADA LOYALTY CREDIT CARDS.VISA CANADA - AGREEMENTS CONTINGENT ON CLOSING OF AIR CANADA'S SHARE PURCHASE AGREEMENT WITH AIMIA FOR ACQUISITION OF AIMIA CANADA.VISA CANADA -ENTERED AGREEMENTS TO BE NETWORK PARTNER FOR CREDIT CARDS ISSUED UNDER AIR CANADA'S LOYALTY PROGRAM EXPECTED TO LAUNCH IN 2020.  Full Article

Canadian Imperial Bank Of Commerce To Issue And Sell $1 Bln Aggregate Principal Amount Of 3.5% Senior Notes Due 2023
Saturday, 8 Sep 2018 

Sept 7 (Reuters) - Canadian Imperial Bank of Commerce ::CANADIAN IMPERIAL BANK OF COMMERCE - ON SEPT 6, CO SAYS TO ISSUE AND SELL US$1 BILLION AGGREGATE PRINCIPAL AMOUNT OF ITS 3.500% SENIOR NOTES DUE 2023.CIBC - TO ALSO ISSUE AND SELL US$500 MILLION AGGREGATE PRINCIPAL AMOUNT OF ITS FLOATING RATE SENIOR NOTES DUE 2023 - SEC FILING.  Full Article