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Canadian Imperial Bank of Commerce (CM)
After hours:
| Previous close | 49.40 |
| Open | 49.28 |
| Bid | 0.00 x 900 |
| Ask | 0.00 x 800 |
| Day's range | 48.93 - 49.48 |
| 52-week range | 34.35 - 51.14 |
| Volume | |
| Avg. volume | 1,641,019 |
| Market cap | 46.309B |
| Beta (5Y monthly) | 1.11 |
| PE ratio (TTM) | 10.20 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 2.64 (5.39%) |
| Ex-dividend date | 27 Mar 2024 |
| 1y target est | N/A |
- CNW Group
CIBC donates $100,000 to support communities impacted by wildfires in British Columbia and Alberta
CIBC announced today that it will be donating $50,000 to both the CIBC Foundation British Columbia Emergency Relief Fund and CIBC Foundation Alberta Emergency Relief Fund to provide support to those affected by the wildfires and evacuation efforts in the area. Furthermore, donations received through these funds will be used to provide continued assistance to local organizations to promote relief and restoration efforts in the future.
- CNW Group
Many Canadians' financial strategies overlook investing
Only about half of Canadians (48 per cent) say they're investing money each year according to a new poll from Investor's Edge, the direct investing division of CIBC. A small majority (56 per cent) say they are comfortable investing their own money, a figure which rises to three-quarters (75 per cent) among investors, but only half (51 per cent) consider themselves knowledgeable about investing (68 per cent, among investors).
- CNW Group
CIBC to redeem 2.95% Debentures due June 19, 2029 (NVCC)
CIBC (TSX: CM) (NYSE: CM) today announced its intention to redeem all $1.5 billion of its 2.95% Debentures due June 19, 2029 (Non-Viability Contingent Capital (NVCC)) (subordinated indebtedness) (the "Debentures"). In accordance with their terms, the Debentures will be redeemed at 100% of their principal amount on June 19, 2024, together with accrued and unpaid interest up to but excluding the redemption date. Interest on the Debentures will cease to accrue from and after the redemption date.
