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 7.3% and 4.4% per annum respectively. EPS is expected to grow by 6.5% per annum. Return on equity is forecast to be 16.3% in 3 years.

Key information

7.3%

Earnings growth rate

6.5%

EPS growth rate

Banks earnings growth	8.0%
Revenue growth rate	4.4%
Future return on equity	16.3%
Analyst coverage	Good
Last updated	20 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

TSX:CM.PRQ - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
10/31/2027	26,742	8,141	N/A	N/A	2
10/31/2026	27,668	7,487	N/A	N/A	5
10/31/2025	26,412	6,907	N/A	N/A	9
10/31/2024	25,392	6,346	N/A	N/A	9
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

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CM.PRQ's forecast earnings growth (7.3% per year) is above the savings rate (2.3%).

Earnings vs Market: CM.PRQ's earnings (7.3% per year) are forecast to grow slower than the Canadian market (16.4% per year).

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

Revenue vs Market: CM.PRQ's revenue (4.4% per year) is forecast to grow slower than the Canadian market (7.1% per year).

High Growth Revenue: CM.PRQ's revenue (4.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CM.PRQ's Return on Equity is forecast to be low in 3 years time (16.3%).

Canadian Imperial Bank of Commerce Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Recent updates

CIBC Innovation Banking Announces Leadership Changes

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

Accel-KKR LLC acquired VisiQuate, Inc.

CIBC Announces Executive Appointments, Effective from November 1, 2024

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

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

CIBC Unpaid Overtime Class Action Settles for $153 Million

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

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

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

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

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

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

CIBC Announces Settlement Agreement with Cerberus Capital Management LP

Canadian Imperial Bank of Commerce to Report Q1, 2023 Results on Feb 24, 2023

Canadian Imperial Bank of Commerce Announces Senior Executive Appointments

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

CIBC Innovation Banking Announces Executive Changes

CIBC Innovation Banking Announces Management Changes

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

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

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

New CIBC Costco Mastercard to Feature Upgrades to Reward Categories and Enhanced Cash Back on Everyday Purchases

CIBC Declares Dividends for the Quarter Ending July 31, 2021, Payable on July 28, 2021

CanDeal.ca Inc. acquired Fixed Income Data Business of Canadian Imperial Bank of Commerce (TSX:CM).

Canadian Imperial Bank of Commerce Announces the Names of the Retiring Directors

Larry Richman Retires from CIBC Bancorp USA and CIBC, Effective March 31, 2021

CIBC Now Accepting Applications for the Highly Affected Sectors Credit Availability Program

Canadian Imperial Bank of Commerce Announces New Payment Option for CIBC Global Money Transfers

CIBC Announces Chairman and Board Changes

CIBC Launches Enhanced Suite of Aeroplan Visa Credit Cards to Help Canadians Realize Their Travel Ambitions

CIBC Launches New Platform to Help Clients Build Their Financial Plans with Ease

Tej Sahi Joins CIBC Innovation Banking as Managing Director and to be based in its Innovation Banking office in New York, NY

Thomas H. Lee Partners, CIVC Partners, Providence Equity Partners, and TransWestern’s management completed the acquisition of TransWestern Publishing Company LLC for $900 million.

GNB Financial Group Limited reached an agreement to acquire 66.73% stake in FirstCaribbean International Bank Limited (TTSE:FCI) from Canadian Imperial Bank of Commerce (TSX:CM) for approximately $800 million.

Canadian Imperial Bank of Commerce announced that it expects to receive CAD 750 million in funding

Lucidity Lights, Inc. acquired Select Strategic Assets of Evolution Lighting from Canadian Imperial Bank of Commerce (TSX:CM).

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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