The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

CM.TO

Concerning the House

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through 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 segments. It offers checking, savings, agriculture, and business accounts; mortgages; business, car, education, home, and other loans; lines of credit and agriculture loans; and cash management, small business financing, and overdraft protection services. The company also provides investment and insurance services; healthcare banking; credit cards; private banking, wealth planning, investment management, and estate planning and trust; and ATMs, as well as mobile, online, and global money and wire transfer services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.

Canada · www.cibc.com

The Ledger
LineApr 2025Jul 2025Oct 2025Jan 2026
Revenue$6.99B$7.22B$7.55B$8.32B
Net income$2.00B$2.09B$2.17B$3.09B
Diluted EPS2.042.153.21
Free cash flow$668.00M$5.58B-$4.68B-$2.40B
CapEx-$246.00M-$282.00M-$388.00M-$246.00M
Quotation

$170.46

+1.83 (+1.1%)

52w hi$170.46
52w lo$97.51
Vol1.06M
As ofAug 13
The Verdict

Hold

Our score +0.45

Short+0.19
Medium+0.53
Long+0.82

computed 2026-08-13

By the Numbers

Canadian Imperial Bank of Commerce

Financial Services · Banks - Diversified

Market cap$155.60B
Enterprise value$135.96B
Trailing P/E16.91x
Forward P/E15.30x
EV / EBITDA
P / S (ttm)5.38x
Profit margin34.0%
Return on equity15.4%
Revenue growth+15.3%
Earnings growth+24.0%
Debt / equity
Risk Metrics
Beta vs SPX0.52
Corr SPX0.48
Annual vol17.8%
Annual ret+45.5%
Sharpe2.55
Max DD-19.1%

Window: 504 trading days (493 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.47
Sector+0.09
Technical+0.21
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$169.09$170.87$169.00$170.461.06M
Aug 12$166.33$169.06$166.17$168.632.52M
Aug 11$167.00$168.17$165.39$165.643.19M
Aug 10$165.64$167.46$165.33$166.32918.80K
Aug 7$166.03$166.87$163.80$165.642.41M