Canadian Imperial Bank Of Commerce

NYSE CM

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Canadian Imperial Bank Of Commerce Market Capitalization on June 03, 2024: USD 46.79 B

Canadian Imperial Bank Of Commerce Market Capitalization is USD 46.79 B on June 03, 2024, a 19.42% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.

Canadian Imperial Bank Of Commerce 52-week high Market Capitalization is USD 47.46 B on March 21, 2024, which is 1.44% above the current Market Capitalization.
Canadian Imperial Bank Of Commerce 52-week low Market Capitalization is USD 32.34 B on October 27, 2023, which is -30.88% below the current Market Capitalization.
Canadian Imperial Bank Of Commerce average Market Capitalization for the last 52 weeks is USD 40.86 B.

NYSE: CM

Canadian Imperial Bank Of Commerce

CEO	Mr. Victor G. Dodig
IPO Date	Nov. 13, 1997
Location	Canada
Headquarters	81 Bay Street, Toronto, ON, Canada, M5J 0E7
Employees	48,047
Sector	Financial Services
Industry	Banks - diversified

Description

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; Capital Markets and Direct Financial Services; and Corporate and Other segments. It offers checking, savings, and business accounts; mortgages; business, car, and other loans; lines of credit, student lines of credit, and agriculture loans; and small business financing and overdraft protection services. The company also provides investment and insurance services; credit cards; and ATMs, as well as mobile, online, and global money and wire transfer services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.

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