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Canadian Bank of Commerce ( (TSE:CM) ) has provided an update.
On January 29, 2026, Canadian Imperial Bank of Commerce filed a Form 6-K with the U.S. Securities and Exchange Commission, incorporating into its existing shelf registration the legal opinions of its U.S. and Canadian counsel on the validity of its securities, along with an underwriting agreement dated January 21, 2026. The agreement covers a US$2.0 billion issuance of senior notes—US$400 million in Floating Rate Senior Notes due 2030 and US$1.6 billion in 4.283% Fixed-to-Floating Rate Senior Notes due 2030—sold through a syndicate led by CIBC World Markets, Barclays, BofA Securities, Deutsche Bank Securities and Morgan Stanley, reinforcing CIBC’s access to U.S. dollar funding markets and supporting its funding and liquidity strategy.
The most recent analyst rating on (TSE:CM) stock is a Hold with a C$129.00 price target. To see the full list of analyst forecasts on Canadian Bank of Commerce stock, see the TSE:CM Stock Forecast page.
Spark’s Take on TSE:CM Stock
According to Spark, TipRanks’ AI Analyst, TSE:CM is a Outperform.
The score is primarily supported by solid financial performance with strong revenue growth and healthy ROE, but capped by high leverage and weaker cash-flow conversion. Technicals are a positive contributor given the sustained uptrend and moderate momentum signals. Valuation is supportive with a reasonable P/E and a mid-single-digit dividend yield.
To see Spark’s full report on TSE:CM stock, click here.
More about Canadian Bank of Commerce
Canadian Imperial Bank of Commerce (CIBC) is a major Canadian bank chartered under the Bank Act (Canada), providing a broad range of banking and financial services. Headquartered at CIBC Square in Toronto, Ontario, it raises funding in global capital markets, including through SEC-registered debt offerings in the United States, to support its lending, liquidity and broader balance sheet needs.
Average Trading Volume: 2,693,686
Technical Sentiment Signal: Buy
Current Market Cap: C$117.6B
See more insights into CM stock on TipRanks’ Stock Analysis page.