Canadian Imperial Bank Stock Net Income
CM Stock | USD 50.07 0.43 0.87% |
Canadian Imperial Bank fundamentals help investors to digest information that contributes to Canadian Imperial's financial success or failures. It also enables traders to predict the movement of Canadian Stock. The fundamental analysis module provides a way to measure Canadian Imperial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Canadian Imperial stock.
At this time, Canadian Imperial's Net Income is very stable compared to the past year. As of the 28th of March 2024, Net Income From Continuing Ops is likely to grow to about 6.1 B, while Net Income Applicable To Common Shares is likely to drop about 3.2 B. Canadian | Net Income |
Canadian Net Income Analysis
Canadian Imperial's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
More About Net Income | All Equity Analysis
Canadian Imperial Net Income |
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Net Income | = | (Rev + Gain) | - | (Exp + Loss) |
Current Canadian Imperial Net Income | 5.03 B |
Most of Canadian Imperial's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Canadian Imperial Bank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Canadian Net Income Historical Pattern
Today, most investors in Canadian Imperial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Canadian Imperial's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Canadian Imperial net income as a starting point in their analysis.
Canadian Imperial Net Income |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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Canadian Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Canadian Imperial Bank reported net income of 5.03 B. This is 293.99% higher than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all United States stocks is significantly lower than that of the firm.
Canadian Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canadian Imperial's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canadian Imperial could also be used in its relative valuation, which is a method of valuing Canadian Imperial by comparing valuation metrics of similar companies.Canadian Imperial is currently under evaluation in net income category among related companies.
Canadian Imperial ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Canadian Imperial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Canadian Imperial's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Canadian Imperial Institutional Holders
Institutional Holdings refers to the ownership stake in Canadian Imperial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Canadian Imperial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Canadian Imperial's value.Shares | Legal & General Group Plc | 2023-12-31 | 6.9 M | Connor Clark & Lunn Inv Mgmt Ltd | 2023-12-31 | 6.3 M | Healthcare Of Ontario Pension Plan Trust Fund | 2023-12-31 | 6.1 M | Jpmorgan Chase & Co | 2023-12-31 | 5.8 M | Capital World Investors | 2023-12-31 | 5.3 M | Bank Of America Corp | 2023-12-31 | 5.2 M | Deutsche Bank Ag | 2023-12-31 | 4.9 M | Mackenzie Investments | 2023-12-31 | 4.5 M | Scotia Capital Inc | 2023-12-31 | 4.4 M | Royal Bank Of Canada | 2023-12-31 | 65.1 M | Bank Of Montreal | 2023-12-31 | 53.4 M |
Canadian Fundamentals
Return On Equity | 0.12 | ||||
Return On Asset | 0.0067 | ||||
Profit Margin | 0.29 % | ||||
Operating Margin | 0.39 % | ||||
Current Valuation | 39.03 B | ||||
Shares Outstanding | 937.27 M | ||||
Shares Owned By Insiders | 0.02 % | ||||
Shares Owned By Institutions | 49.13 % | ||||
Number Of Shares Shorted | 9.86 M | ||||
Price To Earning | 6.34 X | ||||
Price To Book | 1.31 X | ||||
Price To Sales | 2.21 X | ||||
Revenue | 23.29 B | ||||
Gross Profit | 21.31 B | ||||
EBITDA | 8.07 B | ||||
Net Income | 5.03 B | ||||
Cash And Equivalents | 212.28 B | ||||
Cash Per Share | 234.66 X | ||||
Total Debt | 194.5 B | ||||
Debt To Equity | 20.35 % | ||||
Book Value Per Share | 54.91 X | ||||
Cash Flow From Operations | 12.15 B | ||||
Short Ratio | 6.39 X | ||||
Earnings Per Share | 4.80 X | ||||
Price To Earnings To Growth | 3.01 X | ||||
Target Price | 44.99 | ||||
Number Of Employees | 48.05 K | ||||
Beta | 1.1 | ||||
Market Capitalization | 47.14 B | ||||
Total Asset | 975.72 B | ||||
Retained Earnings | 30.4 B | ||||
Z Score | 0.24 | ||||
Annual Yield | 0.05 % | ||||
Five Year Return | 4.91 % | ||||
Net Asset | 975.72 B | ||||
Last Dividend Paid | 3.49 |
About Canadian Imperial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canadian Imperial Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian Imperial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian Imperial Bank based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Last Reported | Projected for 2024 | ||
Net Income | 5.8 B | 6.1 B | |
Net Income From Continuing Ops | 5.8 B | 6.1 B | |
Net Income Applicable To Common Shares | 5.4 B | 3.2 B | |
Net Income Per E B T | 0.65 | 0.61 |
Pair Trading with Canadian Imperial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Imperial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Imperial will appreciate offsetting losses from the drop in the long position's value.Moving together with Canadian Stock
0.62 | C | Citigroup Aggressive Push | PairCorr |
0.74 | RY | Royal Bank Financial Report 23rd of May 2024 | PairCorr |
The ability to find closely correlated positions to Canadian Imperial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Imperial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Imperial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Imperial Bank to buy it.
The correlation of Canadian Imperial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Imperial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Imperial Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canadian Imperial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Canadian Imperial Piotroski F Score and Canadian Imperial Altman Z Score analysis. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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When running Canadian Imperial's price analysis, check to measure Canadian Imperial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Imperial is operating at the current time. Most of Canadian Imperial's value examination focuses on studying past and present price action to predict the probability of Canadian Imperial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Imperial's price. Additionally, you may evaluate how the addition of Canadian Imperial to your portfolios can decrease your overall portfolio volatility.
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Is Canadian Imperial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian Imperial. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian Imperial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.559 | Dividend Share 3.49 | Earnings Share 4.8 | Revenue Per Share 23.121 | Return On Assets 0.0067 |
The market value of Canadian Imperial Bank is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Imperial's value that differs from its market value or its book value, called intrinsic value, which is Canadian Imperial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian Imperial's market value can be influenced by many factors that don't directly affect Canadian Imperial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canadian Imperial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Imperial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Imperial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.