Canadian Imperial Bank of Commerce (CM)

68.00 -0.82  -1.19%  May 25, 11:00PM Go Pro
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Canadian Imperial Bank of Commerce Beneish M-Score: -3.307

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CM Beneish M-Score Rankings

Overall 82nd percentile 660 of 3761
Sector 40th percentile 400 of 675 in Financial
Industry 35th percentile 13 of 20 in Money Center Banks

CM Beneish M-Score Range, Past 5 Years

Minimum -3.973 Oct 2009
Maximum -3.042 Jul 2007
Average -3.372

About Beneish M Score

The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.

The best cut-off point depends on the costs mistakenly classifying in one of two ways:

1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).

Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):

M Score HTML Table:

ScoreRelative Error Costs
(Type I:Type II)
M Score > -1.49 (10:1)
M Score > -1.78 (20:1)
M Score > -1.89 (40+:1)


Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.

If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.

Learn More

CM News

RT @michaelbabad Why David Rosenberg is keen on Canada's banks http://stks.co/3zTn $NA.CA $RY $RY.CA $TD $BMO $BMO.CA $CM $CM.CA $BNS
about 3 days ago by eyeonequities
Why David Rosenberg is keen on Canada's banks http://stks.co/3zS4 $NA.CA $RY $RY.CA $TD $TD.CA $BMO $BMO.CA $CM $CM.CA $BNS $BNS.CA
about 3 days ago by michaelbabad
RT @ScottAdams_Edit Canadian banks: Don't rush to buy them http://stks.co/3xRw $BMO.CA $CM.CA $RY.CA $TD.CA $BNS.CA $BMO $CM $TD $RY $BNS
about 5 days ago by eyeonequities
Canadian banks: Don't rush to buy them http://stks.co/3wBP $BMO.CA $CM.CA $RY.CA $TD.CA $BNS.CA $BMO $CM $TD $RY $BNS
about 6 days ago by ScottAdams_Edit
$CM next support around $50 handle.
about 11 days ago by PositiveCarry
RT @jonsticha This $JPM news reminds me why I like Canadian banks so much. Long and strong $CM
about 17 days ago by tsxstocks
Bloomberg: The World’s 10 Strongest Banks
May 03, 2:36PM Investor Place
RT @Iamfree4Lunch Canadians Dominate World’s 10 Strongest Banks http://stks.co/3eSO via @BloombergMrkts $FXC; $CM; $TD; $RY; $BNS; $BMO
about 25 days ago by tsxstocks
The Safe Haven of Canadian Banks
May 02, 11:10AM Fool
$xom $intc $dvn $ko $cm $ftse some analysis on these charts
about 48 days ago by zed12
$CM http://stks.co/3HnV Combined Market Internals RED since open. Now at extreme range, some reversal expected
about 48 days ago by suriNotes
$CM forms bearish "Diamond Top" chart pattern. http://stks.co/3HCC
about 49 days ago by RecogniaEvents
$CM forms bearish "Diamond Top" chart pattern. http://stks.co/35ZH
about 63 days ago by RecogniaEvents
$CM http://stks.co/33bF Over 78.25 on TSX
about 65 days ago by Coureur70
RT @upsidetrader Oh Canada...over 78.50 $CM http://stks.co/33Zc // On my watchlist already, love it
about 65 days ago by kelkun
Oh Canada...over 78.50 $CM http://chart.ly/6j853cn
about 65 days ago by upsidetrader
Stocks trading ex-dividend one week from today: http://stks.co/2vvX $GES $RAS $EXE $CM $CCG $UVE
about 70 days ago by DynamicDividend
$CM http://stks.co/2vA3 One of the most undervalued Canadian Banking Sector Stocks. Dividen Yeild 4.5%. Eyes on 78.40$
about 71 days ago by Bav111
Another day, another great earnings report from a canadian bank. Their industry is on such a different level over there. $CM
about 80 days ago by bradloncar
Today's top business news http://stks.co/2kEX $CM $CM.CA $CNQ $CNQ.CA $AC.B.CA #cdnecon #eurozone #greece
about 81 days ago by michaelbabad
Today's top business news http://stks.co/2jQZ $CNQ $CNQ.CA $CM $CM.CA $FNDR #greece #eurozone #cdnecon
about 81 days ago by michaelbabad
CIBC, with link this time. Clearly need another cup of coffee. $CM $CM.CA http://stks.co/2j1I
about 81 days ago by michaelbabad
Canadian Imperial Bank of Commerce posts higher Q1. Globe and Mail's Grant Robertson reports. $CM $CM.CA
about 81 days ago by michaelbabad
Stocks trading ex-dividend one week from today: http://stks.co/1a1a / $ARCO $ACET $CASC $CCG $CM $IFF $PGN $SEIC
about 164 days ago by DynamicDividend
HIGH $CALL VOLU $CM 2188% $GFI 1454% $CQP 1255% $ADTN 971% $MLM 616% $MAS 601% $AVP 556% $PAAS 467% $HUM 441% $FDX 414%
about 166 days ago by livevol_pro
HIGH $CALL VOLU $CM 2188% $CQP 1003% $ADTN 944% $AVP 542% $PAAS 396% $SCHW 371% $BRCM 343% $LLTC 343% $VMC 288% $APD 259%
about 166 days ago by livevol_pro
HIGH $CALL VOLU $CM 2187% $AVP 509% $SCHW 365% $PAAS 279% $VMC 241% $JCI 238% $BRCM 230% $KSS 185% $HIG 158% $MO 158%
about 166 days ago by livevol_pro
Canadian Imperial bank of Commerce Q4 profit jumpbs. $CM $CM.CA http://stks.co/1KvD
about 179 days ago by michaelbabad
CIBC Q4 profit is $1.89 a share diluted, $1.90 basic. $CM $CM.CA
about 179 days ago by michaelbabad

Recent Quotes

Symbol Price Chg Chg % Market Cap
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