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home / news releases / canadian imperial bank of commerce encouraging growt

CM:CC - Canadian Imperial Bank of Commerce: Encouraging Growth In Trading Revenues

Canadian Imperial Bank Of Commerce

2024-06-09 12:28:56 ET

Summary

  • The Canadian Imperial Bank of Commerce has seen encouraging growth in trading revenues.
  • Residential mortgages show potential for significant growth given the recent cut in interest rates by the Bank of Canada.
  • I take a bullish view on the Canadian Imperial Bank of Commerce stock.

Investment Thesis: I revise my rating on Canadian Imperial Bank of Commerce (CM) from Hold to Buy....

For further details see:

Canadian Imperial Bank of Commerce: Encouraging Growth In Trading Revenues
Stock Information
Company Name: Canadian Imperial Bank Of Commerce
Stock Symbol: CM:CC
Market: TSXC
Website: cibc.com
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