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CM

Canadian Imperial Bank Of Commerce

NYSE: CM · FINANCIAL SERVICES · BANKS - DIVERSIFIED

$110.93
-0.25% today

Updated 2026-06-05

Market cap
$103.57B
P/E ratio
15.69
P/S ratio
3.58x
EPS (TTM)
$7.23
Dividend yield
3.65%
52W range
$66 – $117
Volume
1.4M

Canadian Imperial Bank Of Commerce (CM) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

CM · Canadian Imperial Bank Of Commerce · Price target summary

Current
$110.93
Consensus
$107.50
-3.09%
2030 Target
$500.45
+351.14%
DCF
2 analysts:
2 Buy5 Hold1 Sell

Management guidance

Q4 2025 earnings call (March 2026) highlighted record revenues of $29B CAD in Q4, with net earnings of $8.5B CAD and EPS growth of 16-17%. Management indicated strong momentum across all business segments and increased quarterly dividend by 10%, signaling confidence in sustained earnings power. No specific multi-year revenue targets disclosed, but guidance implies continued mid-to-high single-digit organic growth trajectory.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

CM · Canadian Imperial Bank Of Commerce · Revenue & price projection · 2023–2030E

Actual revenue Projected revenue Base case Bull to bear range
Bear case (2030)
$336.84
$38.7B Rev × 8x P/S
Base case (2030)
$500.45
$38.7B Rev × 12x P/S
Bull case (2030)
$837.29
$38.7B Rev × 20x P/S
WallStSmart.com

Financial forecast — research-backed

Metric20252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$62.0B$33.0B$34.4B$35.6B$37.1B$38.7B
Revenue growth-3.1%23.4%3.9%3.7%4.1%4.3%
EPS$8.59$10.46$11.41$11.95$12.55$13.25
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$433.08$452.33$461.95$481.20$500.45

CM · Canadian Imperial Bank Of Commerce · Catalysts & risks

Growth catalysts
+ Dividend growth acceleration (10% increase in Q4 2025) signals confidence in future earnings
+ Record Q4 2025 revenues of $29B CAD and net earnings of $8.5B CAD demonstrate strong operational momentum
+ All business segments performing well with revenue growth across retail, commercial, and wealth management
+ Rising interest rate environment historically favorable for Canadian banks with asset-sensitive balance sheets
+ Increased technology investments positioning bank for digital transformation and operational leverage
Key risks
- 44% increase in provisions for credit losses in Q4 2025 signals deteriorating credit quality and economic headwinds
- Ongoing USMCA trade negotiations create macroeconomic uncertainty affecting Canadian growth rates
- Rising technology and compensation expenses (up 10% in Q4) pressure margin expansion despite revenue growth
- Regulatory pressure on capital ratios and stress-testing requirements may limit dividend growth and share buybacks
- Rising unemployment and consumer debt levels in Canada could further increase credit losses and NPL ratios

Methodology

Canadian Imperial Bank Of Commerce's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 2 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.