Canadian Imperial Bank of Commerce, symbol CM, is a financial services institution with a market cap of 42.02 billion USD as of 4 August 2020. The company’s stock price has had an overall increase since January 2019, with the current price being 46.38 USD.
Looking at the revenue figures, we can see that the bank has had a steady increase in revenue over the past few years. In February 2023 the estimated revenue was 425.16 million USD, while in December 2022 it was 538.3 million USD and in August 2022 it was 555.4 million USD. This shows that the company is steadily growing its income year over year. The company also posted earnings per share (EPS) for these dates that were relatively inline with estimates, indicating that their financial performance is healthy and consistent.
Overall Canadian Imperial Bank of Commerce has seen consistent growth over the past few years and appears to be financially healthy based on their earnings and revenue figures. Their stock price also indicates this growth and stability, with an increase of more than 17% since January 2019 to its current price of 46.38 USD per share as of 4 August 2020