CM Stock Summary and Trading Ideas (Canadian Imperial Bank Of Commerce | NYSE:CM)

Canadian Imperial Bank of Commerce is Canada's fifth-largest bank with around CAD 1 trillion in assets. It operates four business segments: Canadian retail and business banking, Canadian commercial banking and wealth management, US commercial banking and wealth management, and capital markets. It serves approximately 14 million personal banking and business customers, primarily in Canada and the US.

Canadian Imperial Bank Of Commerce trades on the NYSE stock market under the symbol CM.

As of March 5, 2025, CM stock price climbed to $58.17 with 1,010,128 million shares trading.

CM has a beta of 0.46, meaning it tends to be less sensitive to market movements. CM has a correlation of 0.15 to the broad based SPY ETF.

CM has a market cap of $54.68 billion. This is considered a Large Cap stock.

Last quarter Canadian Imperial Bank Of Commerce reported $5 billion in Revenue and $1.55 earnings per share. This beat revenue expectation by $336 million and exceeded earnings estimates by $.17.

In the last 3 years, CM traded as high as $67.45 and as low as $34.35.

The top ETF exchange traded funds that CM belongs to (by Net Assets): DFIV, FVD, PID, DFIC, DFAI.

CM has outperformed the market in the last year with a return of +25.5%, while the SPY ETF gained +15.2%. However, in the most recent history, CM shares have underperformed the stock market with its stock returning -7.5% in the last 3 month period and -6.6% for the last 2 week period, while SPY has returned -3.7% and -4.6%, respectively.

CM support price is $56.60 and resistance is $58.20 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CM shares will trade within this expected range on the day.