$2.23 EPS Expected for Canadian Imperial Bank of Commerce (CM)

April 24, 2018 - By wolcottdaily

Canadian Imperial Bank of Commerce (NYSE:CM) Logo

Analysts expect Canadian Imperial Bank of Commerce (NYSE:CM) to report $2.23 EPS on May, 24.They anticipate $0.24 EPS change or 12.06 % from last quarter’s $1.99 EPS. CM’s profit would be $953.27M giving it 9.66 P/E if the $2.23 EPS is correct. After having $2.50 EPS previously, Canadian Imperial Bank of Commerce’s analysts see -10.80 % EPS growth. The stock decreased 0.42% or $0.36 during the last trading session, reaching $86.18. About 345,044 shares traded. Canadian Imperial Bank of Commerce (NYSE:CM) has risen 0.83% since April 24, 2017 and is uptrending. It has underperformed by 10.72% the S&P500.

Canadian Imperial Bank of Commerce (NYSE:CM) Ratings Coverage

Among 3 analysts covering Canadian Imperial Bank Of Commerce (NYSE:CM), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Canadian Imperial Bank Of Commerce had 3 analyst reports since October 25, 2017 according to SRatingsIntel. The stock of Canadian Imperial Bank of Commerce (NYSE:CM) has “Neutral” rating given on Wednesday, October 25 by Citigroup. Barclays Capital upgraded Canadian Imperial Bank of Commerce (NYSE:CM) on Tuesday, December 19 to “Overweight” rating. The rating was upgraded by Credit Suisse to “Outperform” on Friday, December 1.

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial services and products to individual, small business, commercial, corporate, and institutional clients in Canada, the United States, and internationally. The company has market cap of $36.84 billion. The firm operates through four strategic business units: Canadian Personal and Small Business Banking; Canadian Commercial Banking and Wealth Management; U.S. It has a 10.27 P/E ratio. Commercial Banking and Wealth Management; and Capital Markets.

Canadian Imperial Bank of Commerce (NYSE:CM) Ratings Chart

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