Canadian Imperial Bank of Commerce drawdown: 11.0% below the all-time high
Canadian Imperial Bank of Commerce is 11.0% below its all-time high, set Aug 14, 2026 (as of market close, Sep 30, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −11.0%
- 89.0% of ATH
- All-time high
- $123.74
- Aug 14, 2026
- Time below the high
- 47 days
- since Aug 14, 2026
- Worst-ever drawdown
- −73.8%
- Mar 9, 2009
- Longest underwater
- 13.5 yrs
- between all-time highs
- Today's level first reached
- Apr 27, 2026
- 5 mo ago
- Last time this deep
- Mar 30, 2026
- in a previous episode
% of all-time high since 1997#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Nov 6, 2007 | Mar 9, 2009 | −73.8% | 16 mo | May 13, 2021 | 13.5 yrs |
| Apr 16, 1998 | Oct 9, 1998 | −59.5% | 6 mo | Jun 17, 2003 | 5.2 yrs |
| Jan 18, 2022 | Oct 27, 2023 | −47.4% | 1.8 yrs | Dec 5, 2024 | 2.9 yrs |
| Dec 9, 1997 | Jan 22, 1998 | −24.2% | 44 days | Mar 10, 1998 | 3 mo |
| Dec 11, 2024 | Apr 8, 2025 | −18.9% | 4 mo | May 23, 2025 | 5 mo |
| May 30, 2007 | Aug 15, 2007 | −18.5% | 3 mo | Sep 27, 2007 | 4 mo |
| Apr 6, 2004 | May 17, 2004 | −15.0% | 41 days | Oct 5, 2004 | 6 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 1997: how far Canadian Imperial Bank of Commerce stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Canadian Imperial Bank of Commerce from its all-time high?
- Canadian Imperial Bank of Commerce is currently 11.0% below its all-time high, set Aug 14, 2026 (as of market close, Sep 30, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Canadian Imperial Bank of Commerce drawdown ever?
- The deepest decline on record in our data (since 1997) took Canadian Imperial Bank of Commerce 73.8% below its prior high, bottoming Mar 9, 2009. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from CM; no free deep history exists for Canadian Imperial Bank of Commerce — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.