CIBC Announces Split of Canadian Depositary Receipts

An update from Canadian Bank of Commerce ( (TSE:CM) ) is now available.

CIBC announced a split of four series of its Canadian Depositary Receipts (CDRs), which will take effect after trading closes on November 13, 2025. The split is intended to adjust the number of CDRs without impacting their economic value or the tax position of Canadian residents holding these CDRs. The CDRs will trade on a split-adjusted basis starting November 14, 2025, and CIBC has assured that no action is required from CDR holders as brokerage accounts will be automatically updated.

The most recent analyst rating on (TSE:CM) stock is a Hold with a C$111.00 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 Canadian Bank of Commerce’s strong financial performance, attractive valuation, and positive earnings call results are the primary drivers of its stock score. While technical indicators suggest potential short-term volatility, the bank’s robust capital position and strategic growth initiatives, particularly in digital and AI innovations, support a positive long-term outlook. Attention to increased leverage and credit loss provisions is advised.

To see Spark’s full report on TSE:CM stock, click here.

More about Canadian Bank of Commerce

CIBC is a leading North American financial institution serving 14 million clients across personal banking, business, public sector, and institutional sectors. It offers a comprehensive range of services through its digital banking network and physical locations in Canada, the United States, and globally.

Average Trading Volume: 2,786,271

Technical Sentiment Signal: Buy

Current Market Cap: C$109.1B

For a thorough assessment of CM stock, go to TipRanks’ Stock Analysis page.