CM.TO
Price:
$80.47
Market Cap:
$75.42B
Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through four strategic business units: Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. The company offers chequing, savings, and business accounts; mortgages; loans, lines of credit, student lines of credit, and business and agriculture loans; investment and insurance services; and credit cards, as well as overdraft protection se...[Read more]
Industry
Banks - Diversified
IPO Date
1995-01-12
Stock Exchange
TSX
Ticker
CM.TO
According to Canadian Imperial Bank of Commerce’s latest financial reports and current stock price. The company's current Current Ratio is 1.80. This represents a change of 107.63% compared to the average of 0.87 of the last 4 quarters.
The mean historical Current Ratio of Canadian Imperial Bank of Commerce over the last ten years is 1.73. The current 1.80 Current Ratio has changed 10.32% with respect to the historical average. Over the past ten years (40 quarters), CM.TO's Current Ratio was at its highest in in the October 2014 quarter at 8.75. The Current Ratio was at its lowest in in the January 2015 quarter at 0.
Average
1.73
Median
0.95
Minimum
0.31
Maximum
8.75
Discovering the peaks and valleys of Canadian Imperial Bank of Commerce Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 221.32%
Maximum Annual Current Ratio = 8.75
Minimum Annual Increase = -90.14%
Minimum Annual Current Ratio = 0.31
Year | Current Ratio | Change |
---|---|---|
2023 | 1.04 | -15.53% |
2022 | 1.23 | 6.19% |
2021 | 1.16 | -32.38% |
2020 | 1.71 | 221.32% |
2019 | 0.53 | -36.21% |
2018 | 0.84 | 169.61% |
2017 | 0.31 | -62.98% |
2016 | 0.84 | -2.97% |
2015 | 0.86 | -90.14% |
2014 | 8.75 | 31.89% |
The current Current Ratio of Canadian Imperial Bank of Commerce (CM.TO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.14
5-year avg
1.13
10-year avg
1.73
Canadian Imperial Bank of Commerce’s Current Ratio is greater than Bank of Montreal (0.57), greater than The Bank of Nova Scotia (1.60), greater than Royal Bank of Canada (0.66), greater than The Toronto-Dominion Bank (0.48), greater than National Bank of Canada (0.86),
Company | Current Ratio | Market cap |
---|---|---|
0.57 | $81.47B | |
1.60 | $84.24B | |
0.66 | $231.71B | |
0.48 | $143.14B | |
0.86 | $42.03B |
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How does the current Current Ratio for Canadian Imperial Bank of Commerce (CM.TO) compare to its historical average?