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

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

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... see more

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TSX:CM - Post Discussion

Canadian Imperial Bank of Commerce > Worst is over for banks

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Post by Chefboy69 on Jan 09, 2023 8:21am

Worst is over for banks

I think the Short sellers have now released their grip..

I am pretty sure we see all banks move up....Bank earnings in US is this week
so will largely depend on what direction they go

good luck all

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Comment by Dibah420 on Jan 09, 2023 1:42pm

Recent corporate trend has been to announce layoffs by the thousands. Painful for the employees trying to keep their heads above water with persistent inflation. If banks follow the trend it usually entails higher share prices

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Comment by Torontojay on Jan 17, 2023 8:33am

Sure, wishful thinking. It is far from over!

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Comment by Chefboy69 on Jan 17, 2023 1:27pm

do you care to revise your statement sir?? meaning do you want to come up with another story????

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Comment by Torontojay on Jan 20, 2023 12:39pm

Are you talking to me? Ok, the stock dropping 30% in the last year is a good sign? Td is down 16.8% y/y RBC is down 7.2% Bmo is down 14% Nova Scotia is down 28% Ill throw another one out there. National bank is flat y/y so I ask the question. Why did Cibc underperform the other banks? Are you convinced laggards of last year will become darlings ...more

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Canadian Imperial Bank of Commerce