Canadian Imperial Bank of Commerce
Canadian Imperial Bank of Commerce (TSX: CM) is trading at CA$160.72, about ₹10,934 at today's CAD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 2.07% today. Indian residents can buy Canadian Imperial Bank of Commerce from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$158.04
Today's high
CA$160.80
52 week low
CA$109.74
52 week high
CA$172.87
CM opened at CA$158.10, closed previously at CA$157.46, and has traded between CA$109.74 and CA$172.87 over the past 52 weeks.
About
Canadian Imperial Bank of Commerce (CIBC), established in Toronto, Canada, in 1867, functions as a comprehensive financial institution, providing an extensive range of products and services. Its varied client base encompasses individuals, businesses, governmental entities, and institutional clients throughout Canada, the United States, and global markets. The bank organizes its operations into four principal segments: Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. CIBC's offerings span fundamental checking, savings, and business accounts; diverse lending solutions such as mortgages, personal and commercial loans, and credit lines; investment and insurance products; and credit cards, often paired with overdraft protection. Additionally, it delivers specialized services addressing daily banking requirements, wealth management strategies, global financial dealings including foreign exchange, and corporate cash management.
Key statistics
Avg. volume
2.47M
Market cap
CA$148.92B
P/E Ratio
15.32
Price-to-sales ratio
2.37
Enterprise value
CA$311.39B
Free cash flow yield
7.36%
Debt-to-equity ratio
2.65
Return on equity
15.44%
ROIC
0.86%
Beta
1.25
Dividend yield
2.60%
Last dividend
CA$4.18
Financial overview
Revenue
CA$62.01B
Earnings per share
CA$8.62
Free cash flow
CA$12.73B
Net profit margin
16.13%
Gross margin
47.52%
EBITDA
CA$12.12B
Revenue growth
162.68%
Similar securities
This is not an investment recommendation
How to buy Canadian Imperial Bank of Commerce from India
Indian residents can buy Canadian Imperial Bank of Commerce shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to CAD.
Search for Canadian Imperial Bank of Commerce and place an order
Find Canadian Imperial Bank of Commerce by name or by its ticker, CM, and choose an order type. Canadian Imperial Bank of Commerce trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Canadian Imperial Bank of Commerce position in CAD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Canadian Imperial Bank of Commerce from India
Trading and taxes when buying Canadian Imperial Bank of Commerce from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Canadian Imperial Bank of Commerce’s current yield is 2.60%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Canadian Imperial Bank of Commerce stock?
Yes. Canadian Imperial Bank of Commerce (CM) has been listed on the Toronto Stock Exchange since 1995, in the Banks - Diversified industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Canadian Imperial Bank of Commerce share cost in rupees?
One Canadian Imperial Bank of Commerce share is CA$160.72 — about ₹10,934 at a CAD/INR rate of 68.03 on 25 Sep 2026. Both the Canadian Imperial Bank of Commerce price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Canadian Imperial Bank of Commerce from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Canadian Imperial Bank of Commerce shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Canadian Imperial Bank of Commerce price. Paasa issues a capital-gains statement for your return.
Does Canadian Imperial Bank of Commerce pay a dividend, and how is it taxed in India?
Yes. Canadian Imperial Bank of Commerce pays a dividend and the current yield is 2.60%; the last declared dividend was CA$4.18 per share, about ₹284.36. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Canadian Imperial Bank of Commerce from India?
The Toronto Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when Canada is on standard time. Orders can only execute during that window.
Do I have to declare Canadian Imperial Bank of Commerce shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Canadian Imperial Bank of Commerce holding, its cost and its closing value.
How do I sell Canadian Imperial Bank of Commerce and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.
Does the rupee rate affect what I make on Canadian Imperial Bank of Commerce?
Yes. Canadian Imperial Bank of Commerce is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.