Canadian Imperial Bank of Commerce reports results for the quarter ended April 30 - Earnings Summary

Canadian Imperial Bank of Commerce

29/05/2025 14:31

Canadian Imperial Bank of Commerce CM.TO reported quarterly adjusted earnings of C$2.05​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of C$1.75.  The mean expectation of fourteen analysts for the quarter was for earnings of C$1.89 per share. Wall Street expected results to range from C$1.68  to C$2.06 per share.

Revenue rose 13.9% to C$7.02 billion from a year ago; analysts expected C$6.90 billion.

Canadian Imperial Bank of Commerce's reported EPS for the quarter was C$2.04​.

The company reported quarterly net income of C$2.01 billion.

Canadian Imperial Bank of Commerce shares had risen by 16.1% this quarter and gained 3.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.5% in the last three months.​

In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

Wall Street's median 12-month price target for Canadian Imperial Bank of Commerce is C$95.50

This summary was machine generated from LSEG data May 29 at 01:30 p.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Apr. 30 2025
1.89
2.05
Beat
Jan. 31 2025
1.97
2.20
Beat
Oct. 31 2024
1.79
1.91
Beat
Jul. 31 2024
1.74
1.93
Beat