Canadian Imperial Bank of Commerce T.CM

It's time for a split

[fakmiz]

Over the past year CIBC has not performed as well as it's peers. In my view, this is not because it's profitability did not match it's peers but it is simple because the shares have become to expensive for the average investor. CIBC has an excellent dividend and should be very attractive to those that want dividends and income. 
For example listed below is a comparison of the big 5 for the Y2016

Bank              Shares O/S          Y/H            Y/L       $ increase            % increase
C/M                397m                    $110           82            28                         34
R/Y                 1.49B                   $  93           64            29                         45
BMO                  646m                $  74           47            27                         57
T/D                  1.86B                  $  68           48            20                         42
BNS                 1.21B                 $  77            51           26                          51

It is clear from the % that CIBC was the worst performer for 2016 and there is no doubt that if the price of the shares were more resonable, because of the dividend return, the demand would be there and subsequently, the price would increase more favorably to the investors.