Canadian Imperial Bank of Commerce T.CM

Alternate Symbol(s): CM | 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.

TSX:CM - Post by User

Canadian Imperial Bank of Commerce

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Post by joebravoon Sep 13, 2023 9:26am

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Post# 35633446

Canadian Banks Long Term Stability

If you're looking at trading, the volatility is there, but if you're looking for long term investment, Canadian Banks offer great stability and growth long term.

If you look at the charts, CM is ideal for chartists. There are gaps to be filled, and this is a buying opportunity which in 2 years, when CIBC is again trading closer to $80, you will be saying thank you to those who sold you their shares at $54.

All this while receiving a very nice, stable dividend.

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