Canadian Imperial Bank of Commerce (CM): Billionaire Ken Fisher Backs This Banking Stock

Canadian Imperial Bank of Commerce (NYSE:CM) is one of Billionaire Ken Fisher’s 15 Most Notable Moves for 2026.

Canadian Imperial Bank of Commerce (NYSE:CM) was only added to the 13F portfolio of Fisher Asset Management in the second quarter of 2022, after a decade-long gap. Previously, the fund had owned shares in the banking firm from 2010 till early 2012. That stake had been a minor one though, consisting of just under 50,000 shares at its peak. However, the latest holding comprises more than 2 million shares. In the fourth quarter of 2025, the fund increased its stake in the firm by 25% compared to filings for the previous quarter. Overall, this holding accounts for nearly 0.07% of the total 13F portfolio of the fund. Ken Fisher has previously said that foreign banks make for attractive investments because US banks are affected by flattening yield curves. He also added that the load structures of foreign banks are different from those in the US.

Canadian Imperial Bank of Commerce (NYSE:CM) has an impressive dividend history, stretching back nearly four decades. For the past ten years, it has consistently grown the dividend payout for investors. In late February, it declared a CAD 1.07/share quarterly dividend, in line with previous.

Canadian Imperial Bank of Commerce (NYSE:CM) is a diversified financial institution, providing various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally.

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