Canadian Imperial Bank of Commerce Future Growth

Future criteria checks 1/6

Canadian Imperial Bank of Commerce is forecast to grow earnings and revenue by 3.4% and 3.2% per annum respectively. EPS is expected to grow by 3.3% per annum. Return on equity is forecast to be 13.9% in 3 years.

Key information

3.4%

Earnings growth rate

3.3%

EPS growth rate

Banks earnings growth	8.1%
Revenue growth rate	3.2%
Future return on equity	13.9%
Analyst coverage	Good
Last updated	16 Sep 2024

Recent future growth updates

Earnings Beat: Canadian Imperial Bank of Commerce Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Mar 01

Recent updates

Canadian Imperial Bank of Commerce (TSE:CM) Is Increasing Its Dividend To CA$0.87

May 28

Canadian Imperial Bank of Commerce (TSE:CM) Ticks All The Boxes When It Comes To Earnings Growth

Sep 04

Here's Why I Think Canadian Imperial Bank of Commerce (TSE:CM) Might Deserve Your Attention Today

May 20

Earnings Beat: Canadian Imperial Bank of Commerce Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Mar 01

Earnings and Revenue Growth Forecasts

TSX:CM - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
10/31/2026	26,899	6,895	N/A	N/A	6
10/31/2025	26,368	6,720	N/A	N/A	12
10/31/2024	25,322	6,249	N/A	N/A	12
7/31/2024	22,704	6,459	-8,805	-7,819	N/A
4/30/2024	21,699	6,092	-16,226	-15,277	N/A
1/31/2024	21,315	6,025	-13,999	-13,022	N/A
10/31/2023	21,313	4,728	-5,905	-4,891	N/A
7/31/2023	20,874	4,460	-11,921	-10,805	N/A
4/30/2023	21,086	4,718	-8,484	-7,334	N/A
1/31/2023	20,987	4,578	-16,134	-14,980	N/A
10/31/2022	20,776	6,049	-52,905	-51,796	N/A
7/31/2022	20,904	6,297	-52,104	-51,117	N/A
4/30/2022	20,731	6,378	-69,053	-68,128	N/A
1/31/2022	20,464	6,503	-77,406	-76,550	N/A
10/31/2021	19,857	6,271	-51,692	-50,853	N/A
7/31/2021	19,180	5,867	-47,647	-46,506	N/A
4/30/2021	18,208	5,311	-32,800	-31,996	N/A
1/31/2021	16,474	4,085	-12,951	-12,048	N/A
10/31/2020	16,252	3,668	-22,134	-21,353	N/A
7/31/2020	16,313	3,836	-12,586	-12,271	N/A
4/30/2020	16,571	4,061	-9,367	-8,871	N/A
1/31/2020	17,692	5,004	-16,991	-16,712	N/A
10/31/2019	17,325	4,985	-1,475	-752	N/A
7/31/2019	17,143	5,074	-6,649	-6,351	N/A
4/30/2019	17,008	5,052	-14,941	-14,659	N/A
1/31/2019	16,885	5,028	-2,911	-2,641	N/A
10/31/2018	16,964	5,178	-11,158	-10,903	N/A
7/31/2018	16,816	5,071	-5,727	-5,604	N/A
4/30/2018	16,405	4,813	N/A	2,092	N/A
1/31/2018	15,760	4,559	N/A	-2,509	N/A
10/31/2017	15,451	4,647	N/A	-15,950	N/A
7/31/2017	14,870	4,429	N/A	-22,589	N/A
4/30/2017	14,868	4,771	N/A	-40,256	N/A
1/31/2017	14,656	4,662	N/A	-32,946	N/A
10/31/2016	13,984	4,237	N/A	-18,229	N/A
7/31/2016	13,810	4,087	N/A	-16,455	N/A
4/30/2016	13,248	3,623	N/A	-2,281	N/A
1/31/2016	13,138	3,592	N/A	-13,529	N/A
10/31/2015	13,085	3,531	N/A	-21,027	N/A
7/31/2015	12,819	3,555	N/A	-31,466	N/A
4/30/2015	12,648	3,492	N/A	-35,165	N/A
1/31/2015	12,285	2,889	N/A	-33,834	N/A
10/31/2014	12,426	3,131	N/A	-26,784	N/A
7/31/2014	12,316	3,148	N/A	-13,361	N/A
4/30/2014	12,085	3,101	N/A	-9,313	N/A
1/31/2014	12,110	3,644	N/A	-7,509	N/A
10/31/2013	11,584	3,253	N/A	-8,274	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CM's forecast earnings growth (3.4% per year) is above the savings rate (2.2%).

Earnings vs Market: CM's earnings (3.4% per year) are forecast to grow slower than the Canadian market (14.5% per year).

High Growth Earnings: CM's earnings are forecast to grow, but not significantly.

Revenue vs Market: CM's revenue (3.2% per year) is forecast to grow slower than the Canadian market (7% per year).

High Growth Revenue: CM's revenue (3.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CM's Return on Equity is forecast to be low in 3 years time (13.9%).

Canadian Imperial Bank of Commerce Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 8.9% to CA$79.65

Earnings Beat: Canadian Imperial Bank of Commerce Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Recent updates

CIBC Aventura Clients Now Have Access to More Travel Options Through New "CIBC by Expedia" CIBC Rewards Centre

Accel-KKR LLC acquired VisiQuate, Inc.

Insider exercised options and sold CA$2.4m worth of stock

President recently sold CA$1.9m worth of stock

Upcoming dividend of CA$0.90 per share

Insider exercised options and sold CA$1.3m worth of stock

CIBC Announces Executive Appointments, Effective from November 1, 2024

Price target increased by 8.9% to CA$79.65

Canadian Imperial Bank of Commerce Declares Dividends for the Quarter Ending October 31, 2024, Payable on October 28, 2024

CIBC Launches Custom-Built CIBC AI Platform and Rolls Out GitHub CoPilot

CIBC Appoints François Poirier to Board of Directors, Effective September 1, 2024

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

First quarter dividend of CA$0.90 announced

CIBC Launches Bundled Digital Credit Card and Deposit Account Application

Canadian Imperial Bank of Commerce(TSX:CM.PRT) dropped from S&P/TSX Preferred Share Index

Canadian Imperial Bank of Commerce announced a financing transaction

Canadian Imperial Bank of Commerce announced a financing transaction

Upcoming dividend of CA$0.90 per share

CIBC Unpaid Overtime Class Action Settles for $153 Million

CIBC Announces Chief Financial Officer Changes, Effective April 1, 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Canadian Imperial Bank of Commerce Declares Dividend for the Quarter Ending April 30, 2024, Payable on April 29, 2024

CIBC Trust Corporation and Canadian Imperial Bank of Commerce Announces CIBC Mutual Funds Class Action Regarding Trailing Commissions Paid to Discount Brokers

Highcrest Capital LLC, Canadian Imperial Bank of Commerce (TSX:CM), AshMark Inc., Andy Le , John Konop and management of Groupe Gregor Inc. acquired Groupe Gregor Inc.

CIBC Introduces Additional Canadian Depositary Receipts

Upcoming dividend of CA$0.90 per share at 5.8% yield

Canadian Imperial Bank of Commerce to Report Q4, 2024 Results on Dec 05, 2024

Cibc Declares Dividend for the Quarter Ending January 31, 2024, Payable on January 29, 2024

Full year 2023 earnings: EPS misses analyst expectations

Canadian Imperial Bank of Commerce Appoints Mark Podlasly in Board of Directors, Effective from November 1, 2023

Upcoming dividend of CA$0.87 per share at 6.3% yield

CIBC Declares Dividend for the Quarter Ending October 31, 2023, Payable on October 27, 2023

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

New minor risk - Shareholder dilution

Upcoming dividend of CA$0.87 per share at 6.0% yield

Canadian Imperial Bank of Commerce (TSE:CM) Is Increasing Its Dividend To CA$0.87

Canadian Imperial Bank of Commerce, Annual General Meeting, Apr 04, 2024

Second quarter 2023 earnings: EPS exceeds analyst expectations

Upcoming dividend of CA$0.85 per share at 6.0% yield

President recently bought CA$3.0m worth of stock

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

CIBC Announces Settlement Agreement with Cerberus Capital Management LP

CIBC Innovation Banking Announces Directorate Changes

CIBC Announces Senior Executive Leadership Changes

Canadian Imperial Bank of Commerce Announces the Launch of CIBC Smart Planner

CIBC to Appeal Decision in Cerberus Matter

Upcoming dividend of CA$0.85 per share

CIBC Announces New York Court Issued Liability Ruling Against CIBC

Full year 2022 earnings: EPS and revenues miss analyst expectations

Canadian Imperial Bank of Commerce to Report Q4, 2023 Results on Nov 30, 2023

Bill Morneau appointed to CIBC's Board of Directors

Canadian Imperial Bank of Commerce Announces Senior Executive Appointments

Upcoming dividend of CA$0.83 per share

Canadian Imperial Bank of Commerce (TSE:CM) Ticks All The Boxes When It Comes To Earnings Growth

CIBC Declares Dividend on Common Shares for the Quarter Ending October 31, 2022, Payable on October 28, 2022

Third quarter 2022 earnings: EPS exceeds analyst expectations

CIBC Innovation Banking Announces Executive Changes

Upcoming dividend of CA$0.83 per share

CIBC Innovation Banking Announces Management Changes

Insider recently bought CA$100k worth of stock

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Canadian Imperial Bank of Commerce, Annual General Meeting, Apr 04, 2023

Here's Why I Think Canadian Imperial Bank of Commerce (TSE:CM) Might Deserve Your Attention Today

CIBC Introduces New Recurring and Future-Dated Interac E-Transfer Payments

CIBC Innovation Banking Announces John Flemming as Managing Director

CIBC Elects Ammar Aljoundi as a New Member of CIBC's Board of Directors

Upcoming dividend of CA$1.61 per share

Insider exercised options and sold CA$710k worth of stock

Earnings Beat: Canadian Imperial Bank of Commerce Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

CIBC Declares Dividend for the Quarter Ending April 30, 2022, Payable on April 28, 2022

Ontario Court of Appeal Dismisses Canadian Imperial Bank of Commerce Appeal in Landmark Overtime Suit

Earnings and Revenue Growth Forecasts