TSX:CMBanks
CIBC (TSX:CM) Valuation Check After 40% Year-to-Date Rally and Strengthening Earnings Momentum
Early share performance and recent momentum
Canadian Imperial Bank of Commerce TSX:CM has quietly put together a strong run this year, with shares up about 40% year to date and roughly 13% over the past 3 months.
See our latest analysis for Canadian Imperial Bank of Commerce.
At a share price of CA$126.61, that 40% year to date share price return and a robust 1 year total shareholder return of about 43% suggest investors are warming to CIBC again, helped by solid revenue and net income growth...