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CM (Canadian Imperial Bank of Commerce) Market Cap : $62,661 Mil (As of Dec. 12, 2024)


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What is Canadian Imperial Bank of Commerce Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Canadian Imperial Bank of Commerce's share price for the quarter that ended in Oct. 2024 was $62.56. Canadian Imperial Bank of Commerce's Shares Outstanding (EOP) for the quarter that ended in Oct. 2024 was 942 Mil. Therefore, Canadian Imperial Bank of Commerce's market cap for the quarter that ended in Oct. 2024 was $58,949 Mil.

Canadian Imperial Bank of Commerce's quarterly market cap increased from Apr. 2024 ($44,029 Mil) to Jul. 2024 ($48,824 Mil) and increased from Jul. 2024 ($48,824 Mil) to Oct. 2024 ($58,949 Mil).

Canadian Imperial Bank of Commerce's annual market cap declined from Oct. 2022 ($41,141 Mil) to Oct. 2023 ($32,839 Mil) but then increased from Oct. 2023 ($32,839 Mil) to Oct. 2024 ($58,949 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Canadian Imperial Bank of Commerce's Enterprise Value for Today is $174,758 Mil.


Canadian Imperial Bank of Commerce Market Cap Historical Data

The historical data trend for Canadian Imperial Bank of Commerce's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Canadian Imperial Bank of Commerce Market Cap Chart

Canadian Imperial Bank of Commerce Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33,350.10 54,667.59 41,141.19 32,839.16 58,949.35

Canadian Imperial Bank of Commerce Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32,839.16 42,343.74 44,028.76 48,823.58 58,949.35

Competitive Comparison of Canadian Imperial Bank of Commerce's Market Cap

For the Banks - Diversified subindustry, Canadian Imperial Bank of Commerce's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canadian Imperial Bank of Commerce's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Canadian Imperial Bank of Commerce's Market Cap distribution charts can be found below:

* The bar in red indicates where Canadian Imperial Bank of Commerce's Market Cap falls into.



Canadian Imperial Bank of Commerce Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Canadian Imperial Bank of Commerce's Market Cap for the fiscal year that ended in Oct. 2024 is calculated as

Market Cap (A: Oct. 2024 )=Share Price (A: Oct. 2024 )*Shares Outstanding (EOP) (A: Oct. 2024 )
=$62.56*942.285
=$58,949

Canadian Imperial Bank of Commerce's Market Cap for the quarter that ended in Oct. 2024 is calculated as

Market Cap (Q: Oct. 2024 )=Share Price (Q: Oct. 2024 )*Shares Outstanding (EOP) (Q: Oct. 2024 )
=$62.56*942.285
=$58,949

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Canadian Imperial Bank of Commerce  (NYSE:CM) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Canadian Imperial Bank of Commerce Market Cap Related Terms

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Canadian Imperial Bank of Commerce Business Description

Address
81 Bay Street, CIBC Square, Toronto, ON, CAN, M5J 0E7
Canadian Imperial Bank of Commerce is Canada's fifth-largest bank and operates three business segments: retail and business banking, wealth management, and capital markets. It serves approximately 11 million personal banking and business customers, primarily in Canada.