TSX:CMBanks
CIBC (TSX:CM) Valuation Check After Strong Earnings, Dividend Hike and CIBC by Expedia Expansion
CIBC (TSX:CM) just wrapped up a stronger year, lifting its dividend and extending its CIBC by Expedia travel platform, all in the context of a steady Bank of Canada rate backdrop that keeps the operating environment fairly predictable.
See our latest analysis for Canadian Imperial Bank of Commerce.
The steady macro backdrop and CIBC specific wins, from stronger earnings and a larger dividend to the CIBC by Expedia rollout, have underpinned a 15.08% 3 month share price return and a powerful...