Q: CM dropped 1.59% today whereas the other big 5 can.banks did ok.Any reasons or news?,As always appreciate your usual great views & services
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Investment Q&A
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Q: Banks took a big hit at the opening. CM yielding north of 5%. Looks like a bargain. Agree/disagree??
Q: Hi & Ho Ho Ho
Now that CIBC (CM) is north of $100.00, do you forsee a stock split sometime in the new year?
Now that CIBC (CM) is north of $100.00, do you forsee a stock split sometime in the new year?
Q: Good Morning Team
I am interested in finding a list of Rate reset preferred shares(including reset date and terms). If this is not available do you have a few recommendations?
Thanks and stay safe.
I am interested in finding a list of Rate reset preferred shares(including reset date and terms). If this is not available do you have a few recommendations?
Thanks and stay safe.
Q: Hello Peter
I recently sold a large Ontario bond that was yielding 4.4% and need to replace it with very secure dividend yielding equities in the 4% yield range. I have already bought some Fortis FTS and a small amount of Bonterra BNE. Now I am thinking of adding a bank and I see Commerce CM and National Bank NA are the cheapest banks and both have P/Es just over 10. The yields are both 3.97% and 3.98% respectively. I see Laurentian LB yields 4.3% but at a P\E of 11.6 and is presumably less secure.
When is CM likely to raise it's dividend?
I am inclined to choose CM and I would appreciate your advice and comments on which bank to choose and why.
Paul
I recently sold a large Ontario bond that was yielding 4.4% and need to replace it with very secure dividend yielding equities in the 4% yield range. I have already bought some Fortis FTS and a small amount of Bonterra BNE. Now I am thinking of adding a bank and I see Commerce CM and National Bank NA are the cheapest banks and both have P/Es just over 10. The yields are both 3.97% and 3.98% respectively. I see Laurentian LB yields 4.3% but at a P\E of 11.6 and is presumably less secure.
When is CM likely to raise it's dividend?
I am inclined to choose CM and I would appreciate your advice and comments on which bank to choose and why.
Paul
Q: What are your thoughts on CIBC? (cm)
For whatever reason, CIBC seems to be the black sheep of the Canadian banks? Why is that? While TD and BNS seem to be talked about constantly, few seems to talk about CIBC.
Comparatively, the other Canadian banks are trading well above 2007 highs while CIBC still trades at a 15% discount to 2007 highs.
Given its strong earnings report today and 2 dividend raises in the last year, CIBC looks cheap compared to peers. What do you think?
Thanks
For whatever reason, CIBC seems to be the black sheep of the Canadian banks? Why is that? While TD and BNS seem to be talked about constantly, few seems to talk about CIBC.
Comparatively, the other Canadian banks are trading well above 2007 highs while CIBC still trades at a 15% discount to 2007 highs.
Given its strong earnings report today and 2 dividend raises in the last year, CIBC looks cheap compared to peers. What do you think?
Thanks
Q: I have positions in all the major banks, BMO,CM,BNS,RY,TD. CM took a big hit today and I can find no reason for it. Is this a forecast of things to come with CM? Hold, or sell and spread the money in the other four?
Q: Could I please have your comments on CIBC (CM) as a long-term hold? Do you think the stock price will recover once the Aeroplan situation is behind them? Thanks.