Canadian Imperial Bank (NYSE:CM) has outperformed the market over the past 5 years by 3.94% on an annualized basis producing an average annual return of 16.17%. Currently, Canadian Imperial Bank has a market capitalization of $85.85 billion.
Buying $100 In CM: If an investor had bought $100 of CM stock 5 years ago, it would be worth $210.96 today based on a price of $92.35 for CM at the time of writing.
Canadian Imperial Bank’s Performance Over Last 5 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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