Canadian Imperial Bank of Commerce Stock Forum

Why are all banks down today? $The Toronto-Dominion Bank(TD.CA)$ $Canadian Imperial Bank of Commerce(CM.CA)$ $Bank of Montreal(BMO.CA)$

$National Bank of Canada(NA.CA)$ : 14.29%
$Royal Bank of Canada(RY.CA)$ : 13.04%
$Bank of Montreal(BMO.CA)$ : 10.32%
$Canadian Imperial Bank of Commerce(CM.CA)$ : 10.26%
$Bank of Nova Scotia(BNS.CA)$ : 9.92%
$The Toronto-Dominion Bank(TD.CA)$ : 9.18%
An equal basket of all 6 would've returned ~11% per year.
Forever stocks in my portfolio.

National $NA just paid a higher book multiple for $CWB than Scotia $BNS and CIBC $CM trade for.
I like the deal, but this seems like too much.
$Bank of Nova Scotia(BNS.CA)$ $Canadian Imperial Bank of Commerce(CM.CA)$ $Canadian Western Bank(CWB.CA)$ $National Bank of Canada(NA.CA)$

(Changes from May 29)
Rates dropped due to the 25bps cut by BoC today.
Key Numbers:
3-yr fixed insured: 4.74%
5-yr fixed insured: 4.49% (-10 bps⬇️)
5-yr variable insured: 5.65% (-25 bps⬇️)
5-yr bond yield: 3.42% (-40 bps⬇️)
$Royal Bank of Canada(RY.CA)$ $Canadian Imperial Bank of Commerce(CM.CA)$ $Bank of Montreal(BMO.CA)$

What the last two years have showed us with the changing interest rate environment is that EQB was better set up and more consistent than the big boys. Their NIM was better managed and earnings are better than ever.. whereas the big banks are struggling for growth. I would argue that $EQB Inc(EQB.CA)$ should have a premium over the big banks instead of the other way around. In any case, just picking up easy returns on this one in the near future. $100 is coming soon than we think. $Royal Bank of Canada(RY.CA)$ $Canadian Imperial Bank of Commerce(CM.CA)$

time to buy?? $Canadian Imperial Bank of Commerce(CM.CA)$

Will Bank of Canada risk the value of loonie on Wednesday to collapse and cut interest rate, or will they wait for Federal Reserve to cut first and then follow?
$Royal Bank of Canada(RY.CA)$ $Bank of Montreal(BMO.CA)$ $Canadian Imperial Bank of Commerce(CM.CA)$

Thoughts on $Canadian Imperial Bank of Commerce(CM.CA)$ ?

$Bank of Montreal(BMO.CA)$ is looking more like an outlier, as $Royal Bank of Canada(RY.CA)$ and $Canadian Imperial Bank of Commerce(CM.CA)$ report solid results. RBC analyst maintains Outperform on BMO, but with a less than exciting 9% return to target.