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Canadian Imperial Bank of Commerce (TSX:CM.PR.O.PFD) Altman Z-Score


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What is Canadian Imperial Bank of Commerce Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.


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 with around CAD 1 trillion in assets. It operates four business segments: Canadian retail and business banking, Canadian commercial banking and wealth management, US commercial banking and wealth management, and capital markets. It serves approximately 14 million personal banking and business customers, primarily in Canada and the US.