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Stock impact report

CIBC Just Posted Record Revenue. So Why Does the Stock Still Look Cheap? [Yahoo! Finance Canada]

Canadian Imperial Bank of Commerce (CM) 
Last canadian imperial bank of commerce earnings: 2/26 05:53 am Check Earnings Report
They are well-run, well-capitalised, and widely covered by financial analysts, so the market tends to price in their quality fairly efficiently. That's what makes it interesting when one of the Big Six posts record revenue and a 20%+ return on equity in a single quarter, yet still trades at a valuation that looks modest relative to its own history. It doesn't happen often, and when it does, it tends to be worth a second look. For dividend investors looking to own a major Canadian bank at a good price, CIBC is the choice that stands out right now. CIBC Canadian Imperial Bank of Commerce TSX:CM ) is Canada's fifth-largest bank, making money the old-fashioned way through Canadian personal banking, commercial banking, wealth management, and capital markets, with a meaningful U.S. business as well. Over the last year, the dividend stock has felt a bit like the quiet kid in the corner while investors obsessed over flashier themes. That is exactly why it can start to look tempting when i Show less Read more
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