The 15-minute chart for Canadian Imperial Bank of Commerce is currently exhibiting a notable trend. Specifically, the Bollinger Bands are expanding upward, while the KDJ Golden Cross occurs at 08/28/2025 10:45. This suggests that the market trend is primarily driven by buyers, and the momentum of the stock price is shifting towards the upside, potentially leading to further increases.
Canadian Imperial Bank of Commerce (CM) reported quarterly adjusted earnings of C$2.16 per share for the quarter ended July 31, 2025, surpassing the mean expectation of analysts by C$0.16 per share [1]. The company's revenue rose by 9.8% to C$7.25 billion, outpacing the expected C$7.04 billion [1]. CIBC's net income for the quarter was C$2.09 billion, up 11% year-over-year (YOY) [2]. The bank's shares have gained 7.4% in the current quarter and 14.2% year-to-date (YTD) [1].
The earnings beat was driven by margin expansion and disciplined underwriting, which contributed to robust credit performance [2]. CIBC's Common Equity Tier 1 (CET1) ratio stood at 13.4% at the end of the quarter, indicating strong capital flexibility [2]. The bank also announced a new NCIB for ~2% share buybacks, maintaining a 15%+ return on equity (ROE) target while returning C$1.4 billion to shareholders through repurchases and dividends [2].
Analysts have revised their earnings estimates upward, with the mean estimate rising by about 2.7% over the past three months [1]. The current average analyst rating on CIBC shares is "buy," with 7 "strong buy" or "buy," 7 "hold," and 1 "sell" or "strong sell" recommendation [1]. Wall Street's median 12-month price target for CIBC is C$103.50, about 0.3% below its last closing price of C$103.81 [1].
The 15-minute chart for CIBC is currently showing a notable trend, with Bollinger Bands expanding upward and a KDJ Golden Cross occurring at 08/28/2025 10:45 [Writing Topic]. This suggests that the market trend is primarily driven by buyers, and the momentum of the stock price is shifting towards the upside, potentially leading to further increases [Writing Topic].
References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3UK102:0-canadian-imperial-bank-of-commerce-reports-results-for-the-quarter-ended-july-31-earnings-summary/
[2] https://www.ainvest.com/news/cibc-q3-2025-earnings-call-contradictions-credit-loss-strategy-margin-expansion-tariff-impact-expansion-plans-2508/
Comments
No comments yet