Bank Nova Scotia Halifax Pfd 3 (BNS) 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
Bank Nova Scotia Halifax Pfd 3 (BNS) has outperformed Canadian Imperial Bank of Commerce (CM) over the past year, gaining 36.6% versus a gain of 33.1%. Over five years, CM leads with a +82.1% price change compared with +36.1% for BNS. Bank Nova Scotia Halifax Pfd 3 is the larger company by market cap ($106.32 billion vs $98.36 billion), about 1.1 times the size.
On valuation, Bank Nova Scotia Halifax Pfd 3 trades at a lower forward P/E (13.1x vs 13.6x for Canadian Imperial Bank of Commerce). Bank Nova Scotia Halifax Pfd 3 offers the higher dividend yield (5.09% 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 | BNS | CM |
|---|---|---|
| Share price | $87.23 | $108.33 |
| Market cap | $106.32B | $98.36B |
| 1-day change | -3.31% | -2.92% |
| YTD return | +19.00% | +19.80% |
| 1-year return | +36.63% | +33.06% |
| 5-year return | +36.06% | +82.07% |
| P/E ratio (TTM) | 15.80 | 14.41 |
| Forward P/E | 13.06 | 13.56 |
| EPS (TTM) | $5.52 | $7.52 |
| Dividend yield | 5.09% | 3.86% |
| Annual dividend | $4.44 | $4.18 |
| 52-week high | $95.74 | $124.86 |
| 52-week low | $62.98 | $79.32 |
| Distance from 52-week high | -8.89% | -13.24% |
| Analyst consensus | hold | hold |
| Avg. price target upside | +2.74% | +9.30% |
| Average volume | 2.17M | 1.23M |
| Shares outstanding | 1.22B | 907.94M |
| Employees | 81,734 | 51,711 |
| Sector | Financial Services | Financial Services |
| Industry | Banks - Diversified | Banks - Diversified |
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 Nova Scotia Halifax Pfd 3 offers a meaningfully higher dividend yield (5.09% vs 3.86%).
About Bank Nova Scotia Halifax Pfd 3
BNS stock →The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates through Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets segments.
Financial Services · Banks - Diversified · 81,734 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.
Financial Services · Banks - Diversified · 51,711 employees
BNS vs CM FAQ
Which is bigger, Bank Nova Scotia Halifax Pfd 3 or Canadian Imperial Bank of Commerce?
Bank Nova Scotia Halifax Pfd 3 (BNS) is larger, with a market capitalization of $106.32B compared with $98.36B for Canadian Imperial Bank of Commerce (CM).
Which stock has performed better over the past year, BNS or CM?
BNS returned +36.63% over the past 12 months, compared with +33.06% for CM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BNS or CM?
CM has the lower trailing P/E at 14.4, versus 15.8 for BNS. 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 Nova Scotia Halifax Pfd 3 or Canadian Imperial Bank of Commerce?
Bank Nova Scotia Halifax Pfd 3 has the higher yield at 5.09%, compared with 3.86% for Canadian Imperial Bank of Commerce.
Are Bank Nova Scotia Halifax Pfd 3 and Canadian Imperial Bank of Commerce in the same industry?
Yes. Both are classified in the Banks - Diversified industry within the Financial Services sector.