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:

  1. Retail banking.
  2. Wealth management.
  3. Investment banking products and services.
  4. Personal and Commercial Banking.
  5. U.S. Commercial Banking and Wealth Management, and Capital Markets.
  6. International operations In Europe and Asia.

Canadian Imperial Bank of Commerce is one of the Big Five banks in Canada.

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

Dividend Payment Schedule: 2021JAN28 , 2020APR28 , 2020JUL28 , 2020OCT28

Next Ex-Dividend Date: 2020Jun27. Ex Dividend Date Schedule: 2021MAR27 , 2020JUN27 , 2020SEP27 , 2020DEC27

 

CIBC Credit Rating

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

S&P CorporateS&P PreferredsDBRS Long TermDBRS Preferred'sS&P Global CorporateS&P Global PreferredsMoody's LongTermFitch Long TermFitch Short Term
A+AAPfd-2A1AA-

CIBC Common Share Metrics

Symbol: TSE:CMCurrency: CADMarket Cap: $32,445,240,245Price: $97.90
P/E: 10.75P/B: 1.20Dividend: $1.460Yield: 5.97%
Beta: 0.76



Rank CIBC Preferreds - Compare Tool.

If you need more information on how to use the metrics below, watch our video Introduction to Compare Tools or see our post how to pick the best preferred share of a company


Last Updated: Market Data Jun-05 16:52, Model Metrics Jun-05 16:55
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield | Dividend)
Reset (Yield | Dividend)yield and dividend for the current issue after the upcoming reset
Blended (Yield | Dividend)follow link passed the end of the table to see definition
Reset Date Y/M/DRate Increase (percent | to value )New Spread (%Increase | value)Years To Double Initial InvestmentName
CM-Q CM.PR.Q 136069390 $15.01$19.75$10.185YR + 2.79%06.00% | $0.9005.51% | $0.8305.52% | $0.822020JUL31066% | 5.51%039% | 3.90%11.89Canadian Imperial Bank of Commerce 3.60%, Series 43 - NVCC
CM-P CM.PR.P 136069424 $14.75$17.70$10.155YR + 2.24%06.63% | $0.9804.67% | $0.6906.44% | $0.952025JAN31069% | 4.68%041% | 3.15%10.79Canadian Imperial Bank of Commerce 3.75%, Series 41 - NVCC
CM-R CM.PR.R 136070208 $18.51$22.56$12.265YR + 3.38%05.94% | $1.1005.26% | $0.9705.52% | $1.022022JUL31035% | 5.27%025% | 4.25%12.01Canadian Imperial Bank of Commerce 4.40%, Series 45 - NVCC
CM-S CM.PR.S 136070877 $15.80$19.70$11.235YR + 2.45%07.15% | $1.1304.70% | $0.7405.91% | $0.932023JAN31058% | 4.70%036% | 3.35%10.04Canadian Imperial Bank of Commerce 4.50%, Series 47 - NVCC
CM-T CM.PR.T 136070794 $20$25.00$13.865YR + 3.31%06.50% | $1.3004.78% | $0.9606.07% | $1.212024APR30025% | 4.79%020% | 3.97%11.01Canadian Imperial Bank of Commerce 5.20% Non-cumulative Rate Reset Class A Preferred Shares Series 49
CM-O CM.PR.O 136069440 $14.35$17.93$10.055YR + 2.32%06.83% | $0.9804.94% | $0.7106.35% | $0.912024APR30074% | 4.95%042% | 3.30%10.48Canadian Imperial Bank of Commerce 3.90%, Series 39 - NVCC
CM-Y CM.PR.Y 13607G799 $21.35$25.00$14.755YR + 3.62%06.03% | $1.2904.84% | $1.0305.79% | $1.232024JUL31017% | 4.85%014% | 4.14%11.83Canadian Imperial Bank of Commerce 5.15%, Series 51 - NVCC


Reset Scenarios Based on Various G.O.C. 5 Year Bond Yield Rates

The following table presents 5 scenarios, of the issues resetting based on different 5 Year Bond rates. Each scenario consists of 3 columns and grouped by color. The rates assumed for the reset are as follows:
  • Scenario 1: 5YR GOC Rate is set at 0.01%
  • Scenario 2: 5YR GOC Rate is set at 0.4%
  • Scenario 3: 5YR GOC Rate is set at 0.8%
  • Scenario 4: 5YR GOC Rate is set at 1.2%
  • Scenario 5: 5YR GOC Rate is set at 1.6%

For more information please review our video and/or post. Links available at the bottom of the page


Rank Preferreds - Compare Reset Scenarios

Last Updated: Market Data Jun-05 16:52, Model Metrics Jun-05 16:55
Credit RatingSymbolReset Date Y/M/DCurrent (Yield | Dividend)
5Yr @ 0.01%. Reset (Yield | Dividend)Scenario: 1 yield and dividend based on GOC 5yr Rate of 5Yr @ 0.01%.
5Yr @ 0.01%. Blended (Yield | Dividend)5Yr @ 0.01%. Rate Increase (percent | to value )
5Yr @ 0.4%. Reset (Yield | Dividend)Scenario: 2 yield and dividend based on GOC 5yr Rate of 5Yr @ 0.4%.
5Yr @ 0.4%. Blended (Yield | Dividend)5Yr @ 0.4%. Rate Increase (percent | to value )
5Yr @ 0.8%. Reset (Yield | Dividend)Scenario: 3 yield and dividend based on GOC 5yr Rate of 5Yr @ 0.8%.
5Yr @ 0.8%. Blended (Yield | Dividend)5Yr @ 0.8%. Rate Increase (percent | to value )
5Yr @ 1.2%. Reset (Yield | Dividend)Scenario: 4 yield and dividend based on GOC 5yr Rate of 5Yr @ 1.2%.
5Yr @ 1.2%. Blended (Yield | Dividend)5Yr @ 1.2%. Rate Increase (percent | to value )
5Yr @ 1.6%. Reset (Yield | Dividend)Scenario: 5 yield and dividend based on GOC 5yr Rate of 5Yr @ 1.6%.
5Yr @ 1.6%. Blended (Yield | Dividend)5Yr @ 1.6%. Rate Increase (percent | to value )
Pfd2CM-Q CM.PR.Q 136069390 2020JUL3106.00% | $0.904.66% | $0.7 04.66% | $0.7 066% | 4.66%5.31% | $0.7905.31% | $0.79066% | 5.31%5.98% | $0.8905.98% | $0.89066% | 5.98%6.65% | $0.9906.64% | $0.99066% | 6.65%7.31% | $1.1007.32% | $1.1 066% | 7.31%
Pfd2CM-P CM.PR.P 136069424 2025JAN3106.63% | $0.983.81% | $0.5606.36% | $0.93069% | 3.81%4.47% | $0.6606.42% | $0.94069% | 4.47%5.15% | $0.7606.49% | $0.95069% | 5.15%5.83% | $0.8606.56% | $0.96069% | 5.83%6.51% | $0.9606.63% | $0.97069% | 6.51%
Pfd2CM-R CM.PR.R 136070208 2022JUL3105.94% | $1.104.58% | $0.8405.12% | $0.94035% | 4.58%5.11% | $0.9405.44% | $1.00035% | 5.11%5.65% | $1.0505.78% | $1.07035% | 5.65%6.19% | $1.1506.10% | $1.13035% | 6.19%6.73% | $1.2506.42% | $1.19035% | 6.73%
Pfd2CM-S CM.PR.S 136070877 2023JAN3107.15% | $1.133.89% | $0.6105.52% | $0.87058% | 3.89%4.51% | $0.7105.83% | $0.92058% | 4.51%5.14% | $0.8106.14% | $0.97058% | 5.14%5.78% | $0.9106.46% | $1.02058% | 5.78%6.41% | $1.0106.77% | $1.06058% | 6.41%
Pfd2CM-T CM.PR.T 136070794 2024APR3006.50% | $1.304.15% | $0.8305.91% | $1.18025% | 4.15%4.64% | $0.9206.03% | $1.20025% | 4.64%5.14% | $1.0306.16% | $1.23025% | 5.14%5.64% | $1.1306.28% | $1.25025% | 5.64%6.14% | $1.2306.41% | $1.28025% | 6.14%
Pfd2CM-O CM.PR.O 136069440 2024APR3006.83% | $0.984.06% | $0.5806.13% | $0.88074% | 4.06%4.74% | $0.6806.30% | $0.90074% | 4.74%5.44% | $0.7806.48% | $0.93074% | 5.44%6.13% | $0.8806.65% | $0.95074% | 6.13%6.83% | $0.9806.82% | $0.98074% | 6.83%
Pfd2CM-Y CM.PR.Y 13607G799 2024JUL3106.03% | $1.294.25% | $0.9005.68% | $1.21017% | 4.25%4.71% | $1.0105.77% | $1.23017% | 4.71%5.18% | $1.1105.87% | $1.25017% | 5.18%5.64% | $1.2105.96% | $1.27017% | 5.64%6.11% | $1.3106.06% | $1.29017% | 6.11%

AltaGas Preferreds – Prospectus Information

Prospectus Information for each of the CIBC Preferreds is available in the links below. Going over the main parts of the prospectus will ensure you are looking at the right preferred.

  1. CM.PR.Y – Series 51
  2. CM.PR.O – Series 39