Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Canadian Imperial Bank (CM) have what it takes?
Canadian Imperial Bank of Commerce (CIBC) (TSX:CM) reported fourth-quarter earnings on Thursday that exceeded analysts' expectations, driven by strong growth in its capital markets operations and robust performance in its US commercial and wealth management units. Revenue for the quarter rose 14% to C$7.58 billion, while adjusted net income climbed 16% to C$2.19 billion.
Canadian Imperial Bank (CM) came out with quarterly earnings of $1.57 per share, beating the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.4 per share a year ago.
| Banks Industry | Financials Sector | Harry K. Culham CEO | LSE Exchange | CA1360691010 ISIN |
| CA Country | 48,698 Employees | 29 Dec 2025 Last Dividend | 16 May 2022 Last Split | - IPO Date |
The Canadian Imperial Bank of Commerce, commonly known as CIBC, is a leading financial institution that offers a wide range of services to various clients including individuals, businesses, public sector entities, and institutional customers. The bank operates across Canada and extends its services to the United States and other international markets, emphasizing its diversified approach in catering to the financial needs of its clientele. CIBC is organized into five main segments: Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; Capital Markets and Direct Financial Services; and Corporate and Other. This structure allows CIBC to efficiently manage its extensive portfolio of financial products and services. Founded in 1867, CIBC has a long history of banking excellence and is headquartered in Toronto, Canada, showcasing its deep roots in the country’s financial landscape.