- Adjusted EPS: C$1.75, beating the estimate of C$1.65
- Provision for Credit Losses: C$514 million, lower than the estimated C$567.4 million
- Basel III Common Equity Tier 1 Ratio: 13.1%, matching the estimate
- Adjusted Return on Equity (ROE): 13.4%, exceeding the estimate of 12.7%
- Return on Equity: 13.7%
- Net Income: C$1.75 billion
- Canadian Commercial Banking and Wealth Management Net Income: C$456 million
- US Commercial Banking and Wealth Management Net Income: C$93 million
- Capital Markets Net Income: C$560 million
- Net Interest Margin (NIM) on Average Interest-Earning Assets: 1.46%, matching estimates
- Analyst Ratings: 6 buys, 8 holds, 4 sells
A look at Canadian Imperial Bank of Comm Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Canadian Imperial Bank of Commerce (CIBC) is positioned well for long-term success, according to Smartkarma Smart Scores. With strong scores across Value, Dividend, Growth, and Momentum factors, CIBC demonstrates robust fundamentals and a positive growth outlook. The company’s consistent performance in areas such as value and dividend highlights its stability and attractiveness to investors seeking reliable returns. Although there is room for improvement in the Resilience factor, CIBC’s overall Smart Scores suggest a favorable long-term outlook for the bank.
CIBC, a leading provider of banking and financial services in Canada and globally, stands out for its solid performance across key metrics. The company’s emphasis on value, dividend payments, growth opportunities, and momentum in the market underlines its competitive position and potential for sustained success in the future. While facing some challenges in resilience, CIBC’s overall Smart Scores indicate a positive trajectory, positioning the bank as a strong contender for investors seeking stability and growth in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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