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Bullboard - Stock Discussion Forum Canadian Imperial Bank of Commerce T.CM

Alternate Symbol(s):  T.CM.P.P | T.CM.P.Q | T.CM.P.S | T.CM.P.Y | CM | T.CM.P.O

Financial Services
Canadian Imperial Bank of Commerce is a Canada-based financial institution. The Company has 13million personal banking, business, public sector and institutional clients. Across personal and business banking, commercial banking and wealth management, and capital markets businesses, the Company offers a full range of advice, solutions and services through its digital banking network and... see more

TSX:CM - Post Discussion

Canadian Imperial Bank of Commerce > Here Is a Link To The Whole Transcript
View:
Comment by Dibah420 on Sep 04, 2023 6:30pm
newcoin: Thank you for the link to the transcript.  After reading it end to end I am even more confused. Cheers.
Comment by joebravo on Sep 05, 2023 7:02am
No need to be confused. CIBC had net earnings of $1.5 Billion or $1.52 per share for the Quarter. Dividends are $0.87 per share for the Quarter which relates to 57% payout ratio.  Quite sustainable. Don't be confused by the lower numbers and higher provisions.  That is to be expected due to the higher rates and expected potential delinquencies. If rates are unchanged this this ...more  
Canadian Imperial Bank of Commerce