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.
Canadian Imperial Bank of Commerce reported its earnings coverage on subordinated indebtedness for the 12 months ended January 31, 2026. Interest requirements on subordinated debt were $388 million, while earnings before income taxes and subordinated interest, net of non-controlling interests, were $11,970 million, providing coverage of 30.8 times these interest needs.
The bank explains that this ratio is calculated from consolidated financial statements prepared under IFRS and is a non-IFRS measure, so it may not be directly comparable with similar ratios disclosed by other issuers.
Canadian Imperial Bank of Commerce (CIBC) reported that its Board of Directors declared a quarterly common share dividend of $1.07 per share for the quarter ending April 30, 2026. The dividend is payable on April 28, 2026 to shareholders of record on March 27, 2026.
The Board also declared quarterly dividends on several Class A preferred share series for the same period: Series 47 at $0.367375 per share, Series 56 at $36.825000 per share, Series 61 at $31.845000 per share, and Series 57 at $36.685000 per share, each with specified record and payment dates in April 2026.