CM vs. RY, TD, BMO, BNS, NA, BN, MFC, IFC, SLF, 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 Montreal (BMO), Bank of Nova Scotia (BNS), National Bank of Canada (NA), Brookfield (BN), Manulife Financial (MFC), Intact Financial (IFC), Sun Life Financial (SLF), and Great-West Lifeco (GWO). These companies are all part of the "financial services" sector.
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 businesses based on the strength of their analyst recommendations, institutional ownership, dividends, risk, valuation, profitability, earnings, media sentiment and community ranking.
Canadian Imperial Bank of Commerce has a beta of 1.11, indicating that its share price is 11% more volatile than the S&P 500. Comparatively, Royal Bank of Canada has a beta of 0.83, indicating that its share price is 17% less volatile than the S&P 500.
Canadian Imperial Bank of Commerce presently has a consensus price target of C$69.64, suggesting a potential downside of 1.66%. Royal Bank of Canada has a consensus price target of C$145.71, suggesting a potential downside of 4.85%. Given Canadian Imperial Bank of Commerce's higher possible upside, research analysts clearly believe Canadian Imperial Bank of Commerce is more favorable than Royal Bank of Canada.
51.5% of Canadian Imperial Bank of Commerce shares are held by institutional investors. Comparatively, 51.9% of Royal Bank of Canada shares are held by institutional investors. 0.0% of Canadian Imperial Bank of Commerce shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Canadian Imperial Bank of Commerce pays an annual dividend of C$3.60 per share and has a dividend yield of 5.1%. Royal Bank of Canada pays an annual dividend of C$5.52 per share and has a dividend yield of 3.6%. Canadian Imperial Bank of Commerce pays out 55.2% of its earnings in the form of a dividend. Royal Bank of Canada pays out 51.5% 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.
In the previous week, Royal Bank of Canada had 2 more articles in the media than Canadian Imperial Bank of Commerce. MarketBeat recorded 4 mentions for Royal Bank of Canada and 2 mentions for Canadian Imperial Bank of Commerce. Royal Bank of Canada's average media sentiment score of 0.38 beat Canadian Imperial Bank of Commerce's score of -0.11 indicating that Royal Bank of Canada is being referred to more favorably in the news media.
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.
Canadian Imperial Bank of Commerce has a net margin of 29.50% compared to Royal Bank of Canada's net margin of 28.61%. Royal Bank of Canada's return on equity of 13.66% beat Canadian Imperial Bank of Commerce's return on equity.
Royal Bank of Canada received 320 more outperform votes than Canadian Imperial Bank of Commerce when rated by MarketBeat users. Likewise, 59.35% of users gave Royal Bank of Canada an outperform vote while only 50.23% of users gave Canadian Imperial Bank of Commerce an outperform vote.
Summary
Royal Bank of Canada beats Canadian Imperial Bank of Commerce on 16 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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