Hot Regional Bank Companies To Buy Right Now

Hot Regional Bank Companies To Buy Right Now: Canadian Imperial Bank of Commerce(CM)

Canadian Imperial Bank of Commerce provides various financial products, services, and advice to individual, small business, commercial, corporate, and institutional clients in Canada and internationally. The company offers retail markets services comprising personal banking, business banking, and wealth management services, as well as investment management services to retail and institutional clients. It also provides wholesale banking services, including credit, capital markets, investment banking, merchant banking, and research products and services to government, institutional, corporate, and retail clients. The company provides its services through its branch network, automated bank machines, mobile banking, and online banking site. As of June 3, 2011, it operated approximately 1,100 branches and 4,000 automated bank machines in Canada. The company was founded in 1867 and is headquartered in Toronto, Canada.

Advisors' Opinion:

• [By John Buckingham]

  Canadian Imperial Bank (CM)

  Canadian Imperial Bank, often referred to as CIBC, is the fifth-largest Canadian bank by market capitalization. We like that the firm reported relatively strong Q4 earnings, showing net income growth across all divisions.

• [By Will Ashworth]

  NTIOF Rating: 7

  Canadian Imperial Bank of Commerce (CM)

  Dividend Yield: 4.4%

  According to a report by TD Securities, Canadian Imperial Bank of Commerce (CM) generates 80% of its total loans in Canada, higher than any other major Canadian bank.

• [By Dan Caplinger]

  It's easy for U.S. investors to paint Canadian banks with a single brush-stroke, as the differences in the banking system helped keep Bank of Montreal and its peers safer during the financial crisis five years ago. As Canada's housing marke! t has kept rising even after the housing bust south of its border, however, investors have gotten increasingly concerned about the potential health of its banks, especially the largest ones. With downgrades for Canadian Imperial Bank of Commerce (NYSE: CM  ) , Toronto-Dominion (NYSE: TD  ) , and Bank of Montreal among a total of six banks in January, Moody's identified higher debt levels among Canadian consumers as driving potential risk for the economy.

source from Top Stocks For 2015:http://www.topstocksblog.com/hot-regional-bank-companies-to-buy-right-now.html