Rank CIBC Preferreds

This compare tool allows you to Rank CIBC Preferreds, based on the latest stock information available. Our goal is to provide you with the information and metrics related to the CIBC preferreds. Your goal is to establish which preferred will provide you the best returns. If you are buying today, these tools will expedite and aid the selection process. Given all the data available here, an informed decision is within reach.

In a market with low volumes you can use this information to identify mispriced shares. Since all preferreds belong to the same issuer, the risk is the same for all of them.

CIBC Brief Overview

Visit the CIBC company website to see the preferred share prospectus, news and other information.

Sector: Financial services.

Core businesses and operations:

Retail banking.
Wealth management.
Investment banking products and services.
Personal and Commercial Banking.
U.S. Commercial Banking and Wealth Management, and Capital Markets.
International operations In Europe and Asia.

Canadian Imperial Bank of Commerce is one of the Big Five banks in Canada.
All CIBC preferreds are subject to Automatic Conversion to Common Stock. Here is a sample for the series 51 preferreds.

Upon the occurrence of a Trigger Event (as defined herein), each outstanding Series 51 Share and, if issued, each outstanding Series 52 Share will automatically and immediately be converted, on a full and permanent basis, without the consent of the holder thereof, into a number of fully-paid common shares of the Bank (â€œCommon Sharesâ€?) equal to (Multiplier x Share Value) Ã· Conversion Price (as each are defined herein) (rounding down, if necessary, to the nearest whole number of Common Shares) (an â€œNVCC Automatic Conversionâ€?). Investors should therefore carefully consider the disclosure with respect to the Bank, the Series 51 Shares, the Series 52 Shares, the Common Shares and the consequences of a Trigger Event and an NVCC Automatic Conversion included and incorporated by reference in this prospectus supplement dated May 27, 2019 (the â€œProspectus Supplementâ€?) and the accompanying short form base shelf prospectus of the Bank dated July 11, 2018 (the â€œProspectusâ€?).

The latest information and statistics on their common stock CM, can be easily accessed using websites like TMX Money.

Next Dividend Pay Date: 2024Apr28. Dividend Payment Schedule: 2024JAN28 , 2024APR28 , 2024JUL28 , 2024OCT28

Next Ex-Dividend Date: 2024Jun27. Ex Dividend Date Schedule: 2024MAR27 , 2024JUN27 , 2024SEP27 , 2024DEC27

CIBC Preferred share Credit Ratings

The latest preferred share credit ratings for CIBC are listed in the table below. For additional information on credit rating agencies and codes see our article Credit Rating Symbols.

A.M. Best	FITCH	S&P	DBRS	S&P Global	Moody's
	AA	P-2 (L)	PFD-2		Baa3

CIBC Common Share Metrics

Symbol: CM	Currency: CAD	Market Cap: $44,404,076,648	Price: 65.32
P/E: 10.00	P/B: 1.24	Dividend: $0.850	Yield: 5.20%
Beta: 0.7800

CIBC Overall Preferred Share Metrics

I have reviewed the full set of CIBC preferreds. Based on my review the following data points may be of interest to current and potential investors in the securities of "CIBC". In other words, this is what I think is worth highlighting in this set of preferred shares. In addition it provides a quick overview of the detailed information presented furher down this page.

# of Preferred issues: 6	Lowest Current Yield: CM-Q @ 3.39%	Highest Current Yield: CM-S @ 6.46%	Average Current Yield: 4.72%
# of 5YR Reset issues: 6	5YR Reset Lowest Reset Yield: CM-O @ 6.36%	5YR Reset Highest Reset Yield: CM-Y @ 7.48%	5YR Reset Average Reset Yield: 6.90%
Lowest Rate Change Percent: CM-T @ 0.00%	Highest Rate Change Percent: CM-S @ 9.00%	Average Rate Change Percent: 4.66%
Market Cap at Market Value: 1,921,340,000	Market Cap at Face Value: 2,025,000,000	Discount Amount: 103,660,000	Discount Percent: 5.12%
Percent of Total Market Cap at Market Value: 3.65%		Percent of Total Market Cap at Face Value: 3.05%