Canadian Imperial Bank of Commerce CM

Primary Symbol: T.CM Alternate Symbol(s): T.CM.PR.Q | T.CM.PR.P | T.CM.PR.S

Financial Services

Canadian Imperial Bank of Commerce is a Canada-based financial institution. The Company has over 14 million personal banking, business, public sector and institutional clients in Canada, the United States and around the world. The Company has four strategic business units (SBUs): Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets and Direct Financial Services. Its Canadian Personal and Business Banking provides personal and business clients across Canada with financial advice, services and solutions through banking centers, as well as mobile and online channels. Its Canadian Commercial Banking and Wealth Management provides relationship-oriented banking and wealth management services to middle-market companies, entrepreneurs, high-net-worth individuals and families across Canada, as well as asset management services to institutional investors.

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Canadian Imperial Bank of Commerce > My Call is for S/P of $57 by September 26th

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Comment by newcoinon Sep 08, 2023 4:28pm

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Post# 35626879

RE:My Call is for S/P of $57 by September 26th

So far my call is not looking good. The BOC didn't raise rates yet the banks didn't respond?
In fact, they have gone down? What forces are at work?
Fed meeting on September 20 should help a lot if rates are not raised. Fingers crossed.
I'm still hopeful. CM dividend is paying 6.54% on todays closing price.
We all know CM will hit the $57 mark again. The question is when? 2023 for sure.

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