Canadian Imperial Bank of Commerce Aktie News

TORONTO , April 29, 2024 /PRNewswire/ - CIBC (TSX: CM) (NYSE: CM) today announced an amendment to its CARDS II securitization program. Canadian Imperial Bank of Commerce and other parties to the CARDS II Trust credit card receivables securitization program have amended the program to allow revenue from Mastercard credit card accounts to be included in the securitization program , in addition to...

Canadian Imperial Bank of Commerce has a historically high yield and a solid business, but it also has material exposure to Canada's housing market. High yield Bank of Nova Scotia is shifting its business away from South America so it can get back on a growth track.

Canadian Imperial Bank of Commerce has rebounded from previous challenges and is showing solid growth. It's demonstrating top-line growth and has plenty of greenfield opportunities to ramp up its wealth management arm. CIBC has a strong balance sheet and attractive and well-covered dividend. I also discuss risks and the valuation at which I'd be interested.

Norm Rothery is the founder of StingyInvestor.com and a contributor to the business section of Canada's top newspaper, The Globe and Mail. He recently provided the Globe's readers with seven different portfolios for both dividend and value stocks.

US stocks climbed higher in February with the DJIA adding 0.4% and the S&P closing in on the 5,000-point mark.

Canadian Imperial Bank of Commerce (CM) Q1 2024 Earnings Call Transcript

It's essential to recognize your goals and not get sucked into market manias. For high-yield investors looking to retire comfortably, stock price is vanity, cash flow is sanity, and dividends are reality. Here are 20 non-speculative blue-chip quality companies with the highest very low-risk yields that create a 7% yielding dream retirement portfolio.

It is always a good time to buy quality companies, even when the market is near record highs or even in a bubble.