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

Canadian Imperial Bank of Commerce

28/05/2026 14:31

Canadian Imperial Bank of Commerce CM.TO reported quarterly adjusted earnings of C$2.54​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of C$2.05.  The mean expectation of fourteen analysts for the quarter was for earnings of C$2.44 per share. Wall Street expected results to range from C$2.28  to C$2.68 per share.
Revenue rose 14% to C$8.01 billion from a year ago; analysts expected C$7.89 billion. 
Canadian Imperial Bank of Commerce's reported EPS for the quarter was C$2.53​.
The company reported quarterly net income of C$2.46 billion.
Canadian Imperial Bank of Commerce shares had risen by 21.0% this quarter and gained 28.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 2.1% in the last three months.​ 
In the last 30 days, two 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," 6 "hold" and no "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$150.00, about 6.4% below its last closing price of C$159.54
This summary was machine generated from LSEG data May 28 at 01:31 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 2026 
2.44
2.54
Beat
Jan. 31 2026 
2.40
2.76
Beat
Oct. 31 2025 
2.08
2.21
Beat
Jul. 31 2025 
2.00
2.16
Beat