Its stock currently trades at $82.46 per share and offers a solid annualized dividend yield of 4.8%, paid quarterly. After ending 2024 with solid 43% gains, CIBC stock has slid by 9.3% year to date, ...

After ending 2024 with solid 43% gains, CIBC stock has slid by 9.3% year to date, which could be an opportunity for long-term TFSA investors to add this quality stock to their portfolios.