Marcin Frąckiewicz

January 24, 2026, 5:09 AM EST. Canadian Imperial Bank of Commerce (TSE:CM) shares rose past their 50-day moving average of C$124.89, reaching C$127.04 with a trading volume of 2.6 million. Analysts have recently revised targets higher, with BMO Capital Markets, TD Securities, and Desjardins raising price objectives amid strong earnings. The bank reported C$2.21 earnings per share for the last quarter, supported by a 27.87% net margin and return on equity of 12.61%. CIBC announced a 10% dividend increase to C$1.07 per share, yielding 3.4%, payable January 28. The stock maintains an average rating of 'Hold' but sees growing positive momentum as brokerages balance buy and hold stances, reflecting confidence in the bank's financial health and growth prospects.