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Canadian Imperial Bank of Commerce (CM) Competitors

Canadian Imperial Bank of Commerce logo
C$90.72 +0.87 (+0.97%)
(As of 11/20/2024 05:33 PM ET)

CM vs. RY, TD, BNS, BMO, NA, BN, MFC, SLF, IFC, and GWO

Should you be buying Canadian Imperial Bank of Commerce stock or one of its competitors? The main competitors of Canadian Imperial Bank of Commerce include Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Bank of Montreal (BMO), National Bank of Canada (NA), Brookfield (BN), Manulife Financial (MFC), Sun Life Financial (SLF), Intact Financial (IFC), and Great-West Lifeco (GWO). These companies are all part of the "financial services" sector.

Canadian Imperial Bank of Commerce vs.

Canadian Imperial Bank of Commerce (TSE:CM) and Royal Bank of Canada (TSE:RY) are both large-cap financial services companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, risk, community ranking, profitability, media sentiment, valuation, analyst recommendations, dividends and institutional ownership.

Royal Bank of Canada received 315 more outperform votes than Canadian Imperial Bank of Commerce when rated by MarketBeat users. Likewise, 58.70% of users gave Royal Bank of Canada an outperform vote while only 50.11% of users gave Canadian Imperial Bank of Commerce an outperform vote.

CompanyUnderperformOutperform
Canadian Imperial Bank of CommerceOutperform Votes
437
50.11%
Underperform Votes
435
49.89%
Royal Bank of CanadaOutperform Votes
752
58.70%
Underperform Votes
529
41.30%

Royal Bank of Canada has higher revenue and earnings than Canadian Imperial Bank of Commerce. Canadian Imperial Bank of Commerce is trading at a lower price-to-earnings ratio than Royal Bank of Canada, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Imperial Bank of CommerceC$22.70B3.78C$6.46BC$6.9113.13
Royal Bank of CanadaC$56.51B4.25C$15.90BC$11.2915.08

Canadian Imperial Bank of Commerce pays an annual dividend of C$3.60 per share and has a dividend yield of 4.0%. Royal Bank of Canada pays an annual dividend of C$5.68 per share and has a dividend yield of 3.3%. Canadian Imperial Bank of Commerce pays out 52.1% of its earnings in the form of a dividend. Royal Bank of Canada pays out 50.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Canadian Imperial Bank of Commerce has a net margin of 29.56% compared to Royal Bank of Canada's net margin of 28.67%. Royal Bank of Canada's return on equity of 13.68% beat Canadian Imperial Bank of Commerce's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Imperial Bank of Commerce29.56% 12.37% 0.69%
Royal Bank of Canada 28.67%13.68%0.80%

Canadian Imperial Bank of Commerce has a beta of 1.12, indicating that its stock price is 12% more volatile than the S&P 500. Comparatively, Royal Bank of Canada has a beta of 0.84, indicating that its stock price is 16% less volatile than the S&P 500.

Canadian Imperial Bank of Commerce presently has a consensus price target of C$83.00, suggesting a potential downside of 8.51%. Royal Bank of Canada has a consensus price target of C$168.00, suggesting a potential downside of 1.35%. Given Royal Bank of Canada's stronger consensus rating and higher probable upside, analysts clearly believe Royal Bank of Canada is more favorable than Canadian Imperial Bank of Commerce.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Imperial Bank of Commerce
1 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.58
Royal Bank of Canada
0 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
2 Strong Buy rating(s)
2.92

56.0% of Canadian Imperial Bank of Commerce shares are held by institutional investors. Comparatively, 52.5% of Royal Bank of Canada shares are held by institutional investors. 0.0% of Canadian Imperial Bank of Commerce shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

In the previous week, Royal Bank of Canada had 3 more articles in the media than Canadian Imperial Bank of Commerce. MarketBeat recorded 11 mentions for Royal Bank of Canada and 8 mentions for Canadian Imperial Bank of Commerce. Canadian Imperial Bank of Commerce's average media sentiment score of 0.58 beat Royal Bank of Canada's score of 0.06 indicating that Canadian Imperial Bank of Commerce is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Imperial Bank of Commerce
1 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Royal Bank of Canada
0 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Royal Bank of Canada beats Canadian Imperial Bank of Commerce on 14 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CM vs. The Competition

MetricCanadian Imperial Bank of CommerceBanks IndustryFinancial SectorTSE Exchange
Market CapC$85.73BC$86.53BC$3.25BC$6.25B
Dividend Yield4.25%4.73%4.58%5.27%
P/E Ratio13.13188.79441.0326.84
Price / Sales3.7878.863,355.801,531.29
Price / Cash0.220.1748.2383.81
Price / Book1.551.211.483.15
Net IncomeC$6.46BC$7.94BC$396.75MC$299.38M
7 Day Performance0.98%-0.55%0.16%0.76%
1 Month PerformanceN/A-1.24%7.07%12.82%
1 Year Performance69.92%49.79%15.56%44.03%

Canadian Imperial Bank of Commerce Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CM
Canadian Imperial Bank of Commerce
2.4255 of 5 stars
C$90.72
+1.0%
C$83.00
-8.5%
+67.1%C$85.73BC$22.70B13.1348,552Analyst Forecast
RY
Royal Bank of Canada
1.1655 of 5 stars
C$170.30
-0.8%
C$168.00
-1.4%
+41.3%C$240.12BC$56.51B15.0891,400Analyst Forecast
TD
Toronto-Dominion Bank
1.6297 of 5 stars
C$78.23
+0.3%
C$87.23
+11.5%
-8.1%C$136.90BC$52.31B18.1193,700Analyst Forecast
BNS
Bank of Nova Scotia
2.3947 of 5 stars
C$78.71
+0.4%
C$74.75
-5.0%
+29.1%C$97.60BC$29.60B13.7891,000Upcoming Earnings
Analyst Forecast
News Coverage
BMO
Bank of Montreal
3.1281 of 5 stars
C$131.48
+0.1%
C$124.69
-5.2%
+17.7%C$95.90BC$31.41B15.1346,700Analyst Forecast
NA
National Bank of Canada
1.0587 of 5 stars
C$137.09
+1.2%
C$126.36
-7.8%
+50.7%C$46.66BC$10.61B13.3528,730Analyst Forecast
BN
Brookfield
N/AC$78.84
-0.6%
N/A+66.0%C$119.05BC$97.66B99.80180,000
MFC
Manulife Financial
2.9214 of 5 stars
C$45.03
-1.1%
C$42.27
-6.1%
+70.0%C$79.70BC$28.48B19.1640,000Dividend Announcement
Insider Trade
SLF
Sun Life Financial
2.8338 of 5 stars
C$85.05
+0.9%
C$84.18
-1.0%
+21.9%C$49.03BC$31.95B16.1129,200Dividend Increase
High Trading Volume
IFC
Intact Financial
1.3128 of 5 stars
C$272.20
+1.2%
C$274.90
+1.0%
+29.6%C$48.55BC$29.55B23.9630,000
GWO
Great-West Lifeco
1.5733 of 5 stars
C$49.70
+0.3%
C$47.63
-4.2%
+14.8%C$46.33BC$33.04B12.4933,500Insider Trade
High Trading Volume

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This page (TSE:CM) was last updated on 11/21/2024 by MarketBeat.com Staff
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