Bank Of Montreal (BMO) vs Canadian Imperial Bank of Commerce (CM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Canadian Imperial Bank of Commerce (CM) has outperformed Bank Of Montreal (BMO) over the past year, gaining 32.8% versus a gain of 25.7%. Over five years, CM leads with a +81.7% price change compared with +50.9% for BMO. Bank Of Montreal is the larger company by market cap ($112.43 billion vs $98.36 billion), about 1.1 times the size.
On valuation, Canadian Imperial Bank of Commerce trades at a lower forward P/E (13.6x vs 14.0x for Bank Of Montreal). Bank Of Montreal offers the higher dividend yield (4.13% vs 3.86%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BMO | CM |
|---|---|---|
| Share price | $161.75 | $108.33 |
| Market cap | $112.43B | $98.36B |
| 1-day change | -2.61% | -2.92% |
| YTD return | +24.62% | +19.56% |
| 1-year return | +25.69% | +32.79% |
| 5-year return | +50.87% | +81.70% |
| P/E ratio (TTM) | 18.28 | 14.41 |
| Forward P/E | 14.01 | 13.56 |
| EPS (TTM) | $8.85 | $7.52 |
| Dividend yield | 4.13% | 3.86% |
| Annual dividend | $6.68 | $4.18 |
| 52-week high | $187.22 | $124.86 |
| 52-week low | $119.84 | $79.32 |
| Distance from 52-week high | -13.60% | -13.24% |
| Analyst consensus | hold | hold |
| Avg. price target upside | +2.34% | +9.30% |
| Average volume | 772.47K | 1.23M |
| Shares outstanding | 695.09M | 907.94M |
| Employees | 53,234 | 51,711 |
| Sector | Finance | Finance |
| Industry | Commercial Banks | Commercial Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Bank Of Montreal trades at a higher earnings multiple (18.3x vs 14.4x trailing P/E).
About Bank Of Montreal
BMO stock →Bank of Montreal provides diversified financial services primarily in North America. It operates through Canadian Personal and Commercial Banking; U.S.
Finance · Commercial Banks · 53,234 employees
About Canadian Imperial Bank of Commerce
CM stock →Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S.
Finance · Commercial Banks · 51,711 employees
BMO vs CM FAQ
Which is bigger, Bank Of Montreal or Canadian Imperial Bank of Commerce?
Bank Of Montreal (BMO) is larger, with a market capitalization of $112.43B compared with $98.36B for Canadian Imperial Bank of Commerce (CM).
Which stock has performed better over the past year, BMO or CM?
CM returned +32.79% over the past 12 months, compared with +25.69% for BMO (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BMO or CM?
CM has the lower trailing P/E at 14.4, versus 18.3 for BMO. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Bank Of Montreal or Canadian Imperial Bank of Commerce?
Bank Of Montreal has the higher yield at 4.13%, compared with 3.86% for Canadian Imperial Bank of Commerce.
Are Bank Of Montreal and Canadian Imperial Bank of Commerce in the same industry?
Yes. Both are classified in the Commercial Banks industry within the Finance sector.