Canadian Imperial Bank (NYSE:CM) has outperformed the market over the past 5 years by 4.73% on an annualized basis producing an average annual return of 16.98%. Currently, Canadian Imperial Bank has a market capitalization of $95.75 billion.
Buying $100 In CM: If an investor had bought $100 of CM stock 5 years ago, it would be worth $222.37 today based on a price of $103.00 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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