Every 424B that Canadian Imperial Bank of Commerce (CM) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow CM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CM filings page.
Canadian Imperial Bank of Commerce (CIBC) is offering $1,000,000 aggregate principal of 4.00% Callable Senior Global Medium-Term Notes due March 23, 2028. The Notes bear interest at 4.00% annually, payable each March 23 beginning March 23, 2027, and are callable in whole on March 23, 2027 at 100% of principal plus accrued interest. The Notes will be issued in minimum denominations of $1,000, are unsecured senior obligations of CIBC, will not be listed, are not deposit-insured, and are bail-inable under the Canada Deposit Insurance Corporation Act, permitting conversion into common shares under specified Canadian resolution powers. Original issue price is $1,000 per note (proceeds to CIBC $996.50 per note after underwriting discount).
Canadian Imperial Bank of Commerce is issuing Digital Basket-Linked Notes due March 24, 2028 with a $1,000 principal amount per note and an initial aggregate offering of $13,241,000. The cash payment at maturity depends on a weighted basket of five equity indices (EURO STOXX 50 40.00%, TOPIX 25.00%, FTSE 100 17.00%, SMI 11.00%, S&P/ASX 200 7.00%) measured from the trade date to the determination date.
The notes provide a 10.00% buffer: if the final basket level is above or equal to the initial level you receive at least the threshold settlement amount of $1,204.50 per $1,000; if the final basket level declines by up to 10.00% you receive principal; if it declines by more than 10.00% you incur a proportional loss and could lose your entire investment. The bank's internal estimated value at pricing was $992.70 per note, below the issue price. The notes are unsecured, not insured, and will not be listed.
Canadian Imperial Bank of Commerce is pricing a primary offering of $500,000 aggregate principal amount of 5.40% Callable Notes with Bonus Coupon linked to Compounded SOFR due March 20, 2046. The Notes pay annual interest each March 20, are callable annually from March 20, 2031 through March 20, 2045, and will be issued at $1,000.00 per Note (original issue price) with underwriting discount of $13.50 per Note. The Notes are senior unsecured obligations of CIBC, not deposit insured, unlisted, and subject to issuer credit risk. The Bonus Coupon for the initial period equals 0.10% if Compounded SOFR on the valuation date is less than 5.40%, with the fixed coupon otherwise 5.40%.
Canadian Imperial Bank of Commerce priced and issued senior global medium-term Market Linked Securities with an auto-callable, contingent-coupon memory feature linked to the lowest performing share of AMZN, GOOGL and NVDA. The securities were offered at an Original Offering Price of $1,000 per security on Pricing Date: March 17, 2026 and issued on Issue Date: March 20, 2026.
The securities pay quarterly Contingent Coupon Payments at a Contingent Coupon Rate of 13.20% per annum only if the Lowest Performing Stock closes on each Coupon Determination Date at or above its Coupon Threshold Price (each Coupon Threshold = 50% of Starting Price). The Starting Prices were AMZN $215.20, GOOGL $310.92 and NVDA $181.93, giving Coupon/Downside Thresholds of $107.60, $155.46 and $90.965, respectively. The securities are subject to automatic call on quarterly Call Observation Dates if the Lowest Performing Stock closes at or above its Starting Price. If not called, maturity is Stated Maturity Date: March 22, 2029 with principal at risk: if the Ending Price of the Lowest Performing Stock on the Final Calculation Day is below its Downside Threshold Price, the Maturity Payment Amount will be reduced pro rata (possible loss >50% or total loss).
All payments are obligations of CIBC and subject to its credit risk. The issuers estimated value on the Pricing Date was $932.90 per security; the aggregate proceeds to CIBC from this tranche were $4,742,121.25 (gross offering $4,855,000.00, underwriting discount and fees disclosed).
Canadian Imperial Bank of Commerce (CIBC) priced senior global medium-term notes linked to the lowest performing share of Amazon (AMZN), Alphabet (GOOGL) and Meta (META). The securities were priced on March 17, 2026 with an Issue Date of March 20, 2026 and a Stated Maturity Date of March 22, 2029.
The securities have a face amount of $1,000 per security and an original offering price of $1,000. They pay a quarterly contingent coupon at a 17.00% per annum rate only if the Lowest Performing Stock on each Coupon Determination Date is at or above its Coupon Threshold Price (70% of its Starting Price). Starting Prices and corresponding 70% thresholds are: AMZN $215.20 (threshold $150.64), GOOGL $310.92 (threshold $217.644), META $622.66 (threshold $435.862).
If a Call Observation Date meets the automatic call condition the notes redeem early for the face amount plus any due coupons. If not called, at maturity holders receive the face amount only if the Lowest Performing Stock’s Ending Price is at or above its 70% Downside Threshold; otherwise the Maturity Payment equals $1,000 times the performance factor, exposing holders to losses greater than 30.00%, potentially to $0. CIBC’s estimated value per security on the Pricing Date was $929.00, below the offering price; Wells Fargo Securities acted as agent.
Canadian Imperial Bank of Commerce priced Senior Global Medium-Term Notes linked to the lowest performing of GS, XOM and META. The notes were issued with a $1,000 face amount per security, an original offering price of $1,000 each and a contingent quarterly coupon at 21.00% per annum.
The term runs from March 20, 2026 to a stated maturity of March 22, 2029 unless automatically called earlier. Automatic call can occur on quarterly observation dates if the lowest performing stock closes at or above its Starting Price. If not called, principal at maturity depends on the Lowest Performing Stock’s Ending Price relative to a Downside Threshold equal to 70% of its Starting Price, exposing holders to losses greater than 30%, potentially down to zero. The issuer’s estimated value per security was $907.60, below the offering price.
Canadian Imperial Bank of Commerce is offering $743,000 aggregate principal amount of 4.25% Callable Notes due March 3, 2031. The Notes accrue interest at 4.25% per annum and pay interest monthly on the 18th, commencing April 18, 2026. The Bank may redeem the Notes in whole, annually on the March 18 Interest Payment Date beginning March 18, 2027 and ending March 18, 2030, at a redemption price equal to 100% of principal plus accrued interest. The Notes are senior, unsecured obligations, not listed, will be issued in denominations of $1,000, and will be delivered in book-entry form through DTC on March 18, 2026. Holders are subject to Canadian bail-in powers under subsection 39.2(2.3) of the CDIC Act; conversion into common shares and related risks are described in the prospectus materials.
Canadian Imperial Bank of Commerce is issuing $1,998,000 aggregate principal amount of 5.30% Callable Senior Global Medium-Term Notes due March 5, 2046. The Notes accrue interest at 5.30% per annum paid monthly beginning April 18, 2026, are callable annually on each March 18 beginning March 18, 2029, and are senior unsecured obligations of CIBC. The Notes are bail-inable under the Canada Deposit Insurance Corporation Act and may be converted into common shares under Canadian bank resolution powers. The Notes will be issued in minimum denominations of $1,000, will not be listed on any exchange, and will be delivered in book-entry form through DTC on March 18, 2026.
Canadian Imperial Bank of Commerce is offering $2,000,000 aggregate principal amount of 4.00% Senior Global Medium-Term Notes due March 18, 2030. The Notes accrue interest at 4.00% per annum, payable semi-annually on March 18 and September 18, beginning September 18, 2026. The issuer may redeem the Notes in whole, annually on the March 18 interest payment dates from March 18, 2027 through March 18, 2029, at a redemption price of 100% of principal plus accrued interest. The Notes are senior, unsecured obligations, not deposit insured, and are bail-inable under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act. Original issue price is $1,000.00 per Note; underwriting discount is $7.00 per Note, yielding proceeds to CIBC of $993.00 per Note and total proceeds of $1,986,000.00. Delivery in book-entry through DTC is scheduled for March 18, 2026.
Canadian Imperial Bank of Commerce is offering $1,000,000 aggregate principal amount of 4.50% Callable Notes due March 18, 2033. The Notes pay interest semi-annually at 4.50%, commencing September 18, 2026, and are callable annually on each March 18 from 2027 through 2032 at a redemption price equal to 100% of principal plus accrued interest. The Notes are senior, unsecured obligations, will be issued in minimum denominations of $1,000, will not be listed, and are bail-inable under the Canada Deposit Insurance Corporation Act. Original issue price is $1,000.00 per Note with an underwriting discount of $7.00, resulting in proceeds to CIBC of $993.00 per Note. Delivery to DTC is scheduled for March 18, 2026.
Canadian Imperial Bank of Commerce is offering $6,342,000 aggregate principal amount of Buffered PLUS linked to the S&P 500® Index. Each Buffered PLUS has a $1,000 stated principal amount, a 200.00% Leverage Factor, a 10.00% Buffer Amount, a Maximum Payment at Maturity of $1,231.30 and a Minimum Payment at Maturity of $100.00. The Pricing Date was March 13, 2026, the Original Issue Date is March 18, 2026, the Valuation Date is scheduled for September 29, 2028 and the Maturity Date is October 4, 2028. Payments depend on the Final Index Value, are capped at the Maximum Payment and are subject to the issuer’s credit risk.
Canadian Imperial Bank of Commerce is offering $4,702,000 aggregate principal amount of Capped Trigger PLUS securities based on the S&P 500® Index. These unsecured, principal-at-risk notes have a $1,000 stated principal amount each, a 145.25% leverage factor, a Maximum Payment at Maturity of $1,750.00 (175.00% of principal), a Trigger Level equal to 85.00% of the Initial Index Value, and mature on April 5, 2032.
At maturity the Payment at Maturity depends on the Final Index Value measured on the Valuation Date (March 31, 2032): investors receive leveraged upside up to the cap if the Index is higher, return of principal if the Index is down but at or above the Trigger Level, or a proportional loss of principal if the Index is below the Trigger Level. The Pricing Date was March 13, 2026 and the Original Issue Date is March 18, 2026. Any payment is subject to CIBC credit risk, there is no interest, and the Bank’s initial estimated value per note was $933.00 while the price to public is $1,000.00.
Canadian Imperial Bank of Commerce (CIBC) is offering $500,000 aggregate principal amount of 5.10% Callable Senior Global Medium-Term Notes due March 18, 2041. The Notes pay interest annually at 5.10%, with the first payment on March 18, 2027.
The Notes are senior, unsecured and bail-inable under the Canada Deposit Insurance Corporation Act, permitting conversion into common shares in a resolution scenario. The issuer may redeem the Notes in whole (not in part) annually on each Interest Payment Date from March 18, 2029 through March 18, 2040 at a redemption price of 100% plus accrued interest. Notes issued in denominations of $1,000; not listed on any exchange. Original issue price is $986.50 per $1,000 note; aggregate proceeds to CIBC are $493,250.00 after underwriting discounts. Delivery is scheduled through DTC on March 18, 2026.
Canadian Imperial Bank of Commerce is offering $570,000 aggregate principal amount of 5.00% Callable Notes due March 17, 2038. The Notes pay interest annually at 5.00%, accrue from March 17, 2026, and pay interest each March 17 beginning March 17, 2027.
The Bank may redeem the Notes in whole (but not in part) on each annual Interest Payment Date from March 17, 2028 through March 17, 2037 at a Redemption Price equal to 100% of principal plus accrued interest. The Notes are senior, unsecured and bail-inable under the Canada Deposit Insurance Corporation Act; they may be converted into common shares under Canadian bank resolution powers. The Notes will be issued in minimum denominations of $1,000, will not be listed, and delivery is expected through DTC on March 17, 2026.
Canadian Imperial Bank of Commerce is offering $1,170,000 aggregate principal of 4.30% Callable Notes due March 17, 2031. The Notes accrue interest at 4.30% per annum, payable annually beginning March 17, 2027. The Bank may redeem the Notes in whole (not in part) on each Interest Payment Date beginning March 17, 2028 through March 17, 2030 at a Redemption Price equal to 100% of principal plus accrued interest.
The Notes are senior, unsecured obligations, issued in minimum denominations of $1,000, not listed on any exchange, and are bail-inable under the Canada Deposit Insurance Corporation Act. Original issue price is $1,000.00 per Note, underwriting discount $5.09 per Note, and proceeds to CIBC per Note of $994.91. Delivery in book-entry form via DTC is scheduled for March 17, 2026.
Canadian Imperial Bank of Commerce (CIBC) is offering 813,955 units of Autocallable Strategic Accelerated Redemption Securities linked to the Russell 2000 Index, at a $10.00 principal amount per unit, aggregating $8,139,550.00 in the public offering. The notes pay no periodic interest, are unsecured senior debt and are subject to CIBC's credit risk.
The notes may be automatically called on any Observation Date if the Index closing level is at or above the Starting Value (call dates occur approximately one to five years after the March 12, 2026 pricing date). Call Amounts per unit range from $11.172 (first Observation Date) up to $15.860 (final Observation Date). If not called, holders face 1-to-1 downside exposure to the Index and may lose up to 100% of principal. The initial estimated value on the pricing date was $9.679 per unit; the public offering price is $10.00, reflecting an underwriting discount of $0.20 and a hedging-related charge of $0.05 per unit. Secondary market liquidity will likely be limited.
Canadian Imperial Bank of Commerce (CIBC) is offering 2,884,633 units of Autocallable Strategic Accelerated Redemption Securities® linked to an equally weighted basket of GS, MS and JPM with a $10 principal amount per unit (total public offering price $28,846,330.00). The notes mature on April 2, 2029 unless automatically called on observation dates. If called, per‑unit Call Amounts are $11.866, $13.732 or $15.598 on the first, second or final Observation Date respectively. If not called, holders bear 1:1 downside to the Basket (up to 100% of principal at risk) and all payments are subject to CIBC credit risk.
Canadian Imperial Bank of Commerce (CIBC) is offering Digital Basket-Linked Notes with a $1,000 principal amount per note that pay no interest and whose maturity payoff is linked to a weighted basket of five equity indices. The basket weights are: EURO STOXX 50 40%, TOPIX 25%, FTSE 100 17%, SMI 11% and S&P/ASX 200 7%. The notes use an initial basket level of 100 and a buffer level of 90% (a 10.00% buffer). If the final basket level is at or above the initial level, holders receive the greater of the threshold settlement amount (expected between $1,175.70 and $1,206.70 per $1,000) or participation in positive basket return; if the final basket level is below the buffer level, holders suffer a proportional loss and may lose the entire investment.
The notes are unsecured obligations of CIBC, not listed on a U.S. exchange, subject to CIBC credit risk, expected to settle roughly 24–27 months after the trade date, and CIBC’s estimated value at issuance is expected between $973.90 and $993.90 per note (below issue price).
Canadian Imperial Bank of Commerce is offering Capped Leveraged Buffered S&P 500® Index‑Linked Notes with a principal amount of $1,000 per note and a term with a determination date expected between 25 and 28 months after the trade date. The notes pay no interest and maturity payment is linked to the S&P 500® Index performance.
Key economics: an upside participation rate of 170.00%, a buffer of 15.00% (buffer level = 85.00% of initial level), a cap level expected between 113.21% and 115.53%, and a maximum settlement amount expected between $1,224.57 and $1,264.01 per note. The Bank’s estimated value at pricing is expected between $974.20 and $994.20 per note. Payments are unsecured obligations of CIBC and subject to its credit risk.
Canadian Imperial Bank of Commerce priced Trigger Autocallable Contingent Yield Notes totaling $28,884,570 linked to the least performing of the S&P 500® and the EURO STOXX 50®, maturing on March 11, 2031. The notes pay a quarterly contingent coupon of 8.15% per annum (2.0375% per quarter) only if each underlying is at or above its coupon barrier on coupon determination dates.
The notes are automatically callable beginning September 8, 2026 if each underlying is at or above its initial level; minimum purchase is $1,000 and principal repayment at maturity is contingent on the least performing underlying relative to its 70% coupon barrier and 60% downside threshold. Initial estimated value was $9.646 per $10; price to public $10.00.
Canadian Imperial Bank of Commerce priced $10,857,300 of Trigger Autocallable Contingent Yield Notes linked to the least performing of the S&P 500® and the EURO STOXX 50®. Trade Date was March 6, 2026 and Settlement Date is March 11, 2026, with Maturity on March 11, 2031. The Notes pay a quarterly contingent coupon of 10.15% per annum (2.5375% per quarter) only if both Underlyings meet their 70% coupon barriers on each Coupon Determination Date, are automatically callable quarterly beginning September 8, 2026 if each Underlying is at or above its Initial Level, and expose investors to principal loss down to 100% if the Least Performing Underlying falls below its 60% downside threshold.
Canadian Imperial Bank of Commerce (CIBC) is offering $1,578,000 in aggregate principal amount of Digital S&P 500® Index-Linked Notes due December 15, 2027, with a trade date of March 5, 2026 and original issue (settlement) date of March 10, 2026.
Each $1,000 note pays a cash settlement at maturity tied to the S&P 500® Index performance from an initial level of 6,830.71 to the determination date (December 13, 2027); payments are capped at $1,156.00 per note if the final level is ≥87.50% of the initial level and can result in a complete loss if the final level falls sufficiently below the threshold.
Canadian Imperial Bank of Commerce is offering senior global medium-term notes: 5.40% Callable Notes with a 0.10% bonus coupon linked to Compounded SOFR, expected to mature March 20, 2046. Interest is paid annually beginning March 20, 2027; the issuer may redeem the notes annually from March 20, 2031 through March 20, 2045.
The notes are senior unsecured obligations, issued in minimum $1,000 denominations, not listed on any exchange, and subject to CIBC credit risk and withholding taxes where applicable. Compounded SOFR will determine whether a 0.10% bonus applies for the initial interest period ending March 19, 2027.
Canadian Imperial Bank of Commerce offers 4.00% callable senior notes due March 23, 2028. The Notes pay annual interest at a 4.00% per annum rate, are callable in whole on March 23, 2027 at par, and mature on March 23, 2028. The Notes are senior, unsecured obligations and are bail-inable under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act, permitting conversion into common shares under the Canadian bank resolution regime. Interest payments are annual on each March 23, commencing March 23, 2027. The pricing supplement omits the aggregate principal amount being offered and states delivery is expected on March 23, 2026.
Canadian Imperial Bank of Commerce is offering digital S&P 500® index-linked notes with a $1,000 principal amount per note and an expected term of about 21–24 months. The notes pay no interest and provide either a capped positive payment (expected between $1,131.00 and $1,154.10 per $1,000) if the final S&P 500® level is at or above 87.50% of the initial level, or a reduced cash payment (potentially zero) if the final level is below that threshold. The issuer estimates the notes' value on the trade date at $971.90 to $991.90 per note; all payments are subject to the Bank's credit risk and the notes will not be listed on a U.S. exchange.
Canadian Imperial Bank of Commerce is offering Trigger Autocallable Contingent Yield Notes linked to the least performing of the S&P 500® Index and the EURO STOXX 50® Index with a ~5-year term. The Trade Date is March 6, 2026, Settlement Date March 11, 2026, and Maturity Date March 11, 2031.
The notes pay a quarterly Contingent Coupon set at 7.50% to 8.00% per annum (to be fixed on the Trade Date), are automatically callable beginning on September 8, 2026 if both Underlyings meet their Initial Levels, and reference a Coupon Barrier of 70.00% and a Downside Threshold of 60.00% of each Initial Level. Principal repayment at maturity is contingent on the Least Performing Underlying and may result in up to 100% loss of principal. The Bank’s initial estimated value is expected between $9.417 and $9.670 per $10.00 note; price to public is $10.00 per note with proceeds to the issuer of $9.775 per note.
Canadian Imperial Bank of Commerce is offering Trigger Autocallable Contingent Yield Notes linked to the least performing of the S&P 500® and the EURO STOXX 50®. The notes pay a quarterly contingent coupon of 9.50% to 10.00% per annum if both underlyings meet coupon barriers, are callable quarterly beginning September 8, 2026, and mature on March 11, 2031. The notes have a principal amount of $10.00 per note, trade date March 6, 2026, and settlement date March 11, 2026. At maturity, repayment depends on the Final Level of the least performing underlying relative to a 70.00% coupon barrier and a 60.00% downside threshold; investors may lose up to 100% of principal and are exposed to CIBC credit risk.
Canadian Imperial Bank of Commerce is offering Capped Leveraged Buffered S&P 500® Index-Linked Notes that pay at maturity based on the performance of the S&P 500 Index from the trade date March 2, 2026 to the determination date February 7, 2028. Each note has a $1,000 principal amount and an aggregate initial issuance of $3,941,000. Investors receive 160% upside participation in positive index returns subject to a $1,224.16 cap per note (cap level = 114.01%). A 15.00% buffer protects principal for index declines up to 15.00%; if the final index level falls below the buffer, holders incur a leveraged loss determined by a buffer rate of approximately 117.65%, potentially losing all principal. The Bank’s estimated value per note on the trade date was $991.50, below the issue price of $1,000. Payments are unsecured obligations of the Bank and subject to its credit risk.
Canadian Imperial Bank of Commerce is offering U.S. dollar denominated senior callable notes due March 5, 2046 that pay interest at an annual rate of 5.30%, with monthly interest payments beginning on April 18, 2026. The notes accrue interest monthly and will be issued in minimum denominations of $1,000.
The notes are senior, unsecured obligations, are bail-inable under the Canada Deposit Insurance Corporation Act and may be converted into common shares under that regime. The issuer may redeem the notes in whole, annually on each March 18 beginning March 18, 2029, at a redemption price of 100% of principal plus accrued interest. The notes will not be listed on any exchange and carry issuer credit risk.
Canadian Imperial Bank of Commerce is offering 4.25% Callable Senior Global Medium-Term Notes due March 3, 2031. These senior, unsecured notes pay interest monthly at 4.25%, are callable annually on March 18 from 2027 through 2030, and accrue interest from the original issue date.
The notes are unsecured, not insured by deposit insurance, and are subject to Canadian bail-in powers under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act, permitting conversion into common shares of the Bank or its affiliates. Interest is payable monthly beginning on April 18, 2026, and the notes will be issued in minimum denominations of $1,000. The offering price, underwriting discount (up to 1.00% per note), aggregate principal amount and final trade/delivery dates will be set in the final pricing supplement.
Canadian Imperial Bank of Commerce priced a structured offering of Senior Global Medium-Term Notes—market-linked, auto-callable securities linked to the lowest performing of the S&P 500, Russell 2000 and EURO STOXX 50. The issuer set an original offering price of $1,000 per security and offered an aggregate principal amount of $4,690,000.
The securities pay a contingent quarterly coupon at 8.00% per annum only if the Lowest Performing Index on a Coupon Determination Date is at or above 70% of its Starting Level (the Coupon Threshold). The notes are auto-callable on quarterly Call Observation Dates if the Lowest Performing Index is at or above its Starting Level; the first Call Observation Date is approximately six months after the issue date. If not called, maturity is February 28, 2030 (Final Calculation Day February 25, 2030), and principal at maturity depends on the Lowest Performing Index relative to its Downside Threshold (70% of Starting Level), exposing holders to >30% principal loss if the Lowest Performing Index declines below that threshold.
Canadian Imperial Bank of Commerce priced a market-linked note offering totaling $9,337,000. The securities are senior global medium-term notes—auto-callable with a 9.50% per annum contingent quarterly coupon and contingent downside principal at risk linked to the lowest performing of the Russell 2000, Nasdaq-100 and EURO STOXX 50.
If a call observation date meets its starting-level test, notes are called early for the face amount plus a final contingent coupon. If not called, principal at maturity is conditional on the lowest performing index remaining at or above 75% of its starting level; otherwise investors may lose more than 25% and possibly all principal. All payments are subject to CIBC credit risk.
Canadian Imperial Bank of Commerce priced senior global medium-term notes linked to the lowest performing of the S&P 500, Russell 2000 and Nasdaq-100, offering auto-callable, contingent-coupon, principal-at-risk securities with a $1,000 face amount per security.
The offering priced on February 27, 2026 with an original offering price of $1,000 per security and total original offering amount of $15,927,000.00. The securities pay a 9.25% per annum contingent coupon quarterly if the Lowest Performing Index is ≥ 75% of its Starting Level, are callable if the Lowest Performing Index is ≥ its Starting Level on a Call Observation Date, and expose holders to downside loss at maturity if the Lowest Performing Index is 75% of its Starting Level on the Final Calculation Day.
Canadian Imperial Bank of Commerce (CIBC) is offering Capped Leveraged Buffered S&P 500® Index-Linked Notes with a $1,000 principal amount per note that do not bear interest. The notes provide 160.00% upside participation in the S&P 500 up to a cap level (expected between 113.36% and 115.71% of the initial level) and a 15.00% buffer against losses. The maximum settlement amount is expected to be between $1,213.76 and $1,251.36 per note. If the final index level is below 85.00% of the initial level, investors will suffer losses that could be substantial or total. The Bank’s estimated value at pricing is expected to be between $972.90 and $992.90 per note; the issue price is $1,000.00. Payments are unsecured and subject to CIBC credit risk; the notes will not be listed.
Canadian Imperial Bank of Commerce is offering $10,004,000 aggregate principal of Capped Leveraged Buffered Notes linked to the S&P 500® Index, with $1,000 principal per note and an original issue date of March 3, 2026. The notes mature on March 24, 2027 and provide 150% upside participation capped at a Maximum Return of 11.70%. If the Final Level falls below the Buffer Level (10% below the Initial Level of 6,909.51), investors bear 1-to-1 losses beyond the 10% buffer and may lose up to 90% of principal. Price to public is $1,000.00 per note; proceeds to issuer per note are $994.00. Payments are subject to the Bank’s credit risk and the notes will not be listed.
Canadian Imperial Bank of Commerce priced a $530,000 aggregate principal issuance of Senior Global Medium-Term Notes due February 26, 2029. The offering consists of $1,000 principal amount Barrier Notes linked to the worst performing of Broadcom Inc., Abbott Laboratories and KLA Corporation, with monthly contingent memory coupons and potential principal loss if the worst performing reference stock closes below a 50% barrier.
The notes have an initial issue price of $1,000.00 per note, an initial estimated value of $910.10 per $1,000 principal, and will be delivered in book-entry form through DTC on March 2, 2026.
Canadian Imperial Bank of Commerce is offering senior market-linked notes—auto-callable securities linked to the lowest performing of the S&P 500, Russell 2000 and EURO STOXX 50. The Original Offering Price is $1,000 per security. The Pricing Date is March 31, 2026, Issue Date April 6, 2026, and Stated Maturity Date March 28, 2030.
Holders may receive quarterly Contingent Coupon Payments at a Contingent Coupon Rate of at least 9.00% per annum when the Lowest Performing Index closes at or above 70% of its Starting Level on each Coupon Determination Date. The securities will be automatically called if the Lowest Performing Index closes at or above its Starting Level on a Call Observation Date, in which case holders receive the face amount plus a final Contingent Coupon Payment. If not called, maturity payout depends on the Ending Level of the Lowest Performing Index relative to a Downside Threshold of 70% of its Starting Level; a decline below that threshold can cause losses exceeding 30%, up to a total loss of principal. All payments are subject to CIBC credit risk.
Canadian Imperial Bank of Commerce offers Capped Leveraged Buffered Basket-Linked Notes due November 19, 2027. The notes pay no interest and return a cash settlement tied to a weighted basket of five international indices measured from the trade date February 24, 2026 to the determination date November 17, 2027.
Each $1,000 note features a 15.00% buffer (you receive $1,000 if basket decline ≤15.00%), a 230.00% upside participation subject to a cap (cap level 110.66%; maximum settlement $1,245.18 per $1,000), and is unsecured and subject to CIBC credit risk. Aggregate initial offering principal is $26,743,000.
Canadian Imperial Bank of Commerce is offering 4.30% Callable Senior Global Medium-Term Notes due March 17, 2031. The Notes pay interest annually on March 17, beginning March 17, 2027, accrue at 4.30% and are callable by the Bank annually on March 17 from 2028 through 2030.
The Notes are unsecured, will be issued in minimum denominations of $1,000, will not be listed on any exchange and are subject to Canadian bail-in powers under subsection 39.2(2.3) of the CDIC Act, permitting conversion into common shares. The expected Original Issue Date is March 17, 2026 and delivery is expected through DTC.
Canadian Imperial Bank of Commerce is offering U.S. dollar denominated senior global medium-term 5.00% Callable Notes due March 17, 2038. The Notes pay interest annually on March 17, beginning March 17, 2027, and are callable by the Bank on annual interest payment dates beginning March 17, 2028.
The Notes are senior, unsecured obligations and are bail-inable debt securities subject to conversion under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act. Payments are subject to CIBC credit risk and withholding for applicable taxes. The offering disclosure states the Notes will be issued in book-entry form through DTC and will not be listed on any exchange.
Canadian Imperial Bank of Commerce is offering 5.10% Callable Senior Global Medium-Term Notes due March 18, 2041. The notes pay interest annually on March 18, commence March 18, 2027, and are callable annually beginning March 18, 2029.
The notes are senior, unsecured obligations, not insured by deposit insurers, and are bail-inable under the Canada Deposit Insurance Corporation Act, meaning they may be converted into common shares under Canadian bank resolution powers.
Canadian Imperial Bank of Commerce is offering Buffered PLUS linked to the S&P 500® Index due October 4, 2028. Each Buffered PLUS has a $1,000 stated principal, pays no interest, and matures on October 4, 2028 (Valuation Date: September 29, 2028).
At maturity the payment depends on index performance: investors receive the $1,000 plus a 200.00% leverage factor on index gains (capped at a Maximum Payment at Maturity of at least $1,223.00), are made whole if the index falls by no more than the 10.00% buffer, and absorb losses beyond the buffer down to a Minimum Payment of $100.00 (investors may lose up to 90% of principal). Payments are subject to CIBC credit risk.
Canadian Imperial Bank of Commerce priced Capped Leveraged Buffered Basket-Linked Notes due November 19, 2027. The offering totals $26,743,000 (aggregate principal) with individual principal amounts of $1,000. Trade date was February 24, 2026 and settlement is February 27, 2026.
The notes are U.S. dollar cash-settled instruments linked to a weighted basket (EURO STOXX 50 40.00%, TOPIX 25.00%, FTSE 100 17.00%, SMI 11.00%, S&P/ASX 200 7.00%) with an initial basket level of 100. Key economics: upside participation 230%, cap level 110.66% (maximum settlement $1,245.18 per $1,000), and a 15.00% buffer (buffer rate approx. 117.65%). If the final basket level is below the buffer, holders suffer pro rata losses and could lose their entire investment. The issuer is unsecured and payments are subject to the Bank 's credit risk; the Bank 's internal estimated value per note on the trade date was $994.60, below the issue price of $1,000.00. The notes will not be listed on a U.S. exchange.
Canadian Imperial Bank of Commerce is offering Capped Trigger Performance Leveraged Upside Principal at Risk Securities (the "Capped Trigger PLUS") linked to the S&P 500® Index with a $1,000 stated principal amount per note.
Key terms: Pricing Date March 13, 2026, Original Issue Date March 18, 2026, Valuation Date March 31, 2032, Maturity Date April 5, 2032. The notes pay no interest, have a Leverage Factor of 142.60%, a Trigger Level at 85.00% of the Initial Index Value, and a Maximum Payment at Maturity of $1,750.00 (175.00% of principal). If the Final Index Value is below the Trigger Level, holders suffer a proportional principal loss; there is no minimum payment. The Bank’s initial estimated value range is $922.50 to $942.50 per note; price to public is $1,000.00. Payments are subject to the Bank’s credit risk and the notes will not be listed.
Canadian Imperial Bank of Commerce priced Capped Leveraged Buffered MSCI EAFE® Index-Linked Notes. The offering comprises $654,000 aggregate principal in notes with a $1,000 principal per note, trade date February 24, 2026, original issue/settlement date February 27, 2026 and stated maturity April 21, 2028.
The notes pay no interest and return at maturity is linked to the MSCI EAFE® Index with an upside participation rate of 160%, a cap level of 116.80% (maximum settlement $1,268.80 per note) and a buffer of 15.00% (buffer rate ≈ 117.65%). The initial underlier level was 3,128.73. The Bank’s estimated value at pricing was $986.10 per note; price to public was $1,000.00 per note. Payments are unsecured obligations of the Bank and are subject to issuer credit risk.
Canadian Imperial Bank of Commerce is offering senior medium‑term, market‑linked notes (face amount $1,000 per security) that are auto‑callable and pay quarterly contingent coupons if the lowest performing of the SPX, RTY and NDX meets thresholds. The Contingent Coupon Rate will be set on the Pricing Date at at least 10.00% per annum. The securities may be automatically called on quarterly observation dates beginning September 2026; if not called, maturity depends on the Ending Level of the Lowest Performing Index vs a Downside Threshold equal to 75% of its Starting Level. Holders face full downside to the Lowest Performing Index at maturity and bear CIBC credit risk.
Canadian Imperial Bank of Commerce (CIBC) is offering 4.00% Callable Notes due March 18, 2030. The Notes pay interest semi‑annually on March 18 and September 18, commence September 18, 2026, and accrue at 4.00% per annum. The issuer may redeem the Notes in whole annually on March 18 from 2027 through 2029 at a redemption price of 100% plus accrued interest. The Notes are senior, unsecured and bail-inable under the Canada Deposit Insurance Corporation Act, permitting conversion into common shares under Canadian bank resolution powers. Trade Date is expected March 16, 2026 and Original Issue Date expected March 18, 2026. Price per Note is $1,000.00 with underwriting discount up to $10.00 and proceeds to CIBC at least $990.00. Notes will be issued in book-entry form via DTC and will not be listed on an exchange.
Canadian Imperial Bank of Commerce is offering 4.50% Callable Senior Global Medium-Term Notes due March 18, 2033. The Notes pay interest at 4.50% per annum semi‑annually on March 18 and September 18, beginning September 18, 2026. The issuer may redeem the Notes annually on March 18 from 2027 through 2032 at a redemption price of 100% of principal plus accrued interest. The Notes are senior, unsecured obligations, not insured by deposit insurance and are bail-inable under the Canada Deposit Insurance Corporation Act, meaning they are subject to conversion into common shares under that regime. The Notes will be issued in minimum denominations of $1,000 in book‑entry form through DTC on or about March 18, 2026.
Canadian Imperial Bank of Commerce is issuing $1,000,000 aggregate principal amount of 5.20% Callable Senior Global Medium-Term Notes due February 27, 2041. The Notes pay interest annually at 5.20%, commence interest payments on February 27, 2027, and mature on February 27, 2041, subject to the issuer's annual call right beginning February 27, 2029.
The Notes are senior, unsecured obligations and are bail-inable under the Canada Deposit Insurance Corporation Act, meaning they may be converted into common shares of the Bank under that statute. The offering price per Note is $1,000.00 with underwriting discount $18.00 and proceeds to CIBC of $982.00 per Note; aggregate proceeds equal $982,000.00.
Canadian Imperial Bank of Commerce offers $1,189,000 of 4.40% Callable Notes due February 27, 2031.
The Notes pay interest annually at 4.40% on each February 27 beginning February 27, 2027, are callable by CIBC on February 27 of 2028, 2029 and 2030 at 100% plus accrued interest, and will be issued February 27, 2026 in minimum denominations of $1,000. The Notes are senior, unsecured and bail-inable under the Canada Deposit Insurance Corporation Act, meaning they may be converted into common shares under that regime; payments are subject to CIBC credit risk and the Notes will not be listed on an exchange.