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Canadian Imperial Bank of Commerce (CM.TO)

CM.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

CIBC Announces U.S. Leadership Appointments
Thursday, 7 Mar 2019 

March 7 (Reuters) - Canadian Imperial Bank of Commerce ::CIBC ANNOUNCES US LEADERSHIP APPOINTMENTS.CANADIAN IMPERIAL BANK OF COMMERCE - EFFECTIVE APRIL 1, 2019, BANK IS MOVING FORWARD WITH PLANNED LEADERSHIP TRANSITION FOR ITS US BUSINESS..CANADIAN IMPERIAL BANK OF COMMERCE - LARRY D. RICHMAN WILL TRANSITION TO A NEW ROLE AS CHAIR, US REGION, CIBC BANK USA..  Full Article

Canadian Imperial Bank Of Commerce Reports Qtrly Adj Diluted EPS Of $3.01
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - Canadian Imperial Bank of Commerce ::CIBC ANNOUNCES FIRST QUARTER 2019 RESULTS.QTRLY REPORTED DILUTED EARNINGS PER SHARE (EPS) $2.60.QTRLY ADJUSTED DILUTED EPS $3.01.CIBC ANNOUNCED AN INCREASE IN ITS QUARTERLY COMMON SHARE DIVIDEND FROM $1.36 PER SHARE TO $1.40 PER SHARE.QTRLY COMMON EQUITY TIER 1 RATIO 11.2% VERSUS 10.8%.QTRLY ADJUSTED ROE 16.0% VERSUS 18.8%.QTRLY PROVISION FOR CREDIT LOSSES WAS $338 MILLION, UP $185 MILLION OR 121% FROM Q1 A YEAR AGO.Q1 EARNINGS PER SHARE VIEW C$3.08 -- REFINITIV IBES DATA.RESULTS FOR Q1 OF 2019 WERE AFFECTED BY SOME ITEMS OF NOTE AGGREGATING TO A NEGATIVE IMPACT OF $0.41 PER SHARE.CIBC ANNOUNCED AN INCREASE IN ITS QUARTERLY COMMON SHARE DIVIDEND FROM $1.36 PER SHARE TO $1.40 PER SHARE..QTRLY PROVISION FOR CREDIT LOSSES WAS $338 MILLION, UP $185 MILLION OR 121% FROM Q1 A YEAR AGO.ALL AMOUNTS ARE IN CANADIAN DOLLARS.CANADIAN IMPERIAL BANK - U.S. COMMERCIAL BANKING AND WEALTH MANAGEMENT REPORTED NET INCOME OF $168 MILLION FOR THE FIRST QUARTER, UP $34 MILLION.CANADIAN IMPERIAL BANK - CAPITAL MARKETS REPORTED NET INCOME OF $201 MILLION FOR THE FIRST QUARTER, DOWN $121 MILLION.  Full Article

CIBC Increases NVCC Preferred Share Series 49 Issue
Monday, 14 Jan 2019 

Jan 14 (Reuters) - Canadian Imperial Bank of Commerce ::CIBC ANNOUNCES INCREASE TO NVCC PREFERRED SHARE SERIES 49 ISSUE.GROSS PROCEEDS OF OFFERING WILL NOW BE $325 MILLION.  Full Article

Cibc Confirms Participation In Air Canada's New Loyalty Program
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - Canadian Imperial Bank of Commerce ::CIBC CONFIRMS PARTICIPATION IN AIR CANADA'S NEW LOYALTY PROGRAM.CIBC - WILL BE OFFERING CREDIT CARDS UNDER AIR CANADA'S NEW LOYALTY PROGRAM WHICH IS EXPECTED TO LAUNCH IN 2020.  Full Article

CIBC reiterates 2019 earnings growth target
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - Canadian Imperial Bank of Commerce ::CIBC CANADIAN HEAD SAYS EXPECTS MORTGAGE PORTFOLIO TO GROW IN LINE WITH OVERALL MARKET GOING FORWARD.CIBC CEO SAYS BANK EXPECTS 2019 TO PRESENT MORE MACRO-ECONOMIC CHALLENGES THAN 2018.CIBC CEO SAYS EXPECTS BANK TO MEET EARNINGS GROWTH TARGET BETWEEN 5 PERCENT AND 10 PERCENT IN 2019.  Full Article

Canadian Imperial Bank Of Commerce Reports Qtrly Adjusted Diluted EPS $3.00
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - Canadian Imperial Bank of Commerce ::CIBC ANNOUNCES FOURTH QUARTER AND FISCAL 2018 RESULTS.QTRLY REPORTED DILUTED EARNINGS PER SHARE $2.80.QTRLY ADJUSTED DILUTED EPS $3.00.QTRLY REVENUE $4.45 BILLION VERSUS $4.27 BILLION.Q4 EARNINGS PER SHARE VIEW C$3.04, REVENUE VIEW C$4.57 BILLION -- REFINITIV IBES DATA.Q4 OF 2018 WERE AFFECTED BY ITEMS AGGREGATING TO A NEGATIVE IMPACT OF $0.20 PER SHARE.  Full Article

CIBC Reports Q3 Adjusted EPS $3.08
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - Canadian Imperial Bank of Commerce ::CIBC ANNOUNCES THIRD QUARTER 2018 RESULTS.CANADIAN IMPERIAL BANK OF COMMERCE - QTRLY ADJUSTED DILUTED EPS $3.08.CANADIAN IMPERIAL BANK OF COMMERCE - CIBC ANNOUNCED AN INCREASE IN ITS QUARTERLY COMMON SHARE DIVIDEND FROM $1.33 PER SHARE TO $1.36 PER SHARE..CANADIAN IMPERIAL BANK OF COMMERCE QTRLY REPORTED DILUTED EARNINGS PER SHARE $3.01.  Full Article

Unifor Says Has Reached Out To Aeroplan & Air Canada For More Information On The Long-Term Implications Of Agreement To Purchase Aeroplan Business
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - Air Canada ::UNIFOR SAYS HAS REACHED OUT TO AEROPLAN & AIR CANADA FOR MORE INFORMATION ON THE LONG-TERM IMPLICATIONS OF AGREEMENT TO PURCHASE AEROPLAN BUSINESS.  Full Article

Mittleman Brothers LLC Release Statement On Sale Of Aeroplan
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - Mittleman Brothers LLC::MITTLEMAN BROTHERS LLC STATEMENT ON SALE OF AEROPLAN.MITTLEMAN BROTHERS LLC SAYS SALE OF AEROPLAN FOR C$450 MILLION IN CASH "WAS THE BEST AVAILABLE OUTCOME FOR ALL AIMIA STAKEHOLDERS".MITTLEMAN BROTHERS LLC SAYS AEROPLAN SALE SHOULD LEAVE AIMIA INC. WITH JUST OVER C$1B IN CASH.  Full Article

Air Canada, Td, Cibc, Visa And Aimia Reach Agreement For Acquisition Of Aeroplan Loyalty Business
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - Aimia Inc ::AIR CANADA, TD, CIBC, VISA AND AIMIA REACH AGREEMENT IN PRINCIPLE FOR ACQUISITION OF AEROPLAN LOYALTY BUSINESS.AIMIA INC - PURCHASE PRICE CONSISTS OF $450 MILLION IN CASH AND ASSUMPTION OF APPROXIMATELY $1.9 BILLION OF AEROPLAN MILES LIABILITY.AIMIA INC - PURCHASE PRICE INCLUDES ASSUMPTION OF APPROXIMATELY $1.9 BILLION OF AEROPLAN MILES LIABILITY..AIMIA - MITTLEMAN BROTHERS HAS PROVIDED LOCK-UP AND SUPPORT AGREEMENT UNDER WHICH HAS AGREED TO VOTE IN FAVOUR OF PROPOSED TRANSACTION.AIMIA INC - TRANSACTION SUBJECT TO NEGOTIATION OF DEFINITIVE AGREEMENTS AND OTHER CONDITIONS.AIMIA INC - AGREEMENT IN PRINCIPLE WAS UNANIMOUSLY APPROVED BY AIMIA'S BOARD OF DIRECTORS AND IS SUPPORTED BY MITTLEMAN BROTHERS.AIMIA INC - MITTLEMAN BROTHERS OWNS APPROXIMATELY 17.6% OF AIMIA'S COMMON SHARES.  Full Article

Nine banks win dismissal of Canadian rate-rigging lawsuit in U.S.

NEW YORK, March 14 A federal judge in Manhattan on Thursday dismissed a lawsuit by investors that accused nine large banks, including six from Canada, of conspiring to manipulate a Canadian rate benchmark to improve profits from derivatives trading.