Canadian Imperial Bank of Commerce (CM) vs HDFC Bank (HDB)
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 HDFC Bank (HDB) over the past year, gaining 33.1% versus a loss of 36.6%. Over five years, CM leads with a +82.1% price change compared with -41.6% for HDB. HDFC Bank is the larger company by market cap ($113.79 billion vs $98.36 billion), about 1.2 times the size.
On valuation, Canadian Imperial Bank of Commerce trades at a lower forward P/E (13.6x vs 15.9x for HDFC Bank). HDFC Bank offers the higher dividend yield (58.72% 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 | CM | HDB |
|---|---|---|
| Share price | $108.33 | $22.14 |
| Market cap | $98.36B | $113.79B |
| 1-day change | -2.92% | -1.25% |
| YTD return | +19.80% | -39.43% |
| 1-year return | +33.06% | -36.60% |
| 5-year return | +82.07% | -41.57% |
| P/E ratio (TTM) | 14.41 | 14.28 |
| Forward P/E | 13.56 | 15.91 |
| EPS (TTM) | $7.52 | $1.55 |
| Dividend yield | 3.86% | 58.72% |
| Annual dividend | $4.18 | $13.00 |
| Revenue (latest FY) | — | $25.64B |
| Revenue growth (YoY) | — | +15.25% |
| Net income (latest FY) | — | $7.88B |
| Net margin | — | 30.75% |
| 52-week high | $124.86 | $37.45 |
| 52-week low | $79.32 | $21.77 |
| Distance from 52-week high | -13.24% | -40.88% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +9.30% | +37.90% |
| Average volume | 1.23M | 9.78M |
| Shares outstanding | 907.94M | 5.14B |
| Employees | 51,711 | 212,958 |
| 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
- CM has outperformed HDB by 69.7 percentage points over the past year.
- HDFC Bank offers a meaningfully higher dividend yield (58.72% vs 3.86%).
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
About HDFC Bank
HDB stock →HDFC Bank Limited provides banking and financial products and services to individuals and businesses in India, Bahrain, Hong Kong, Singapore, and Dubai. The company operates through Treasury, Retail Banking, Wholesale Banking, Other Banking Business, Insurance Business, and Other segments.
Finance · Commercial Banks · 212,958 employees
CM vs HDB FAQ
Which is bigger, Canadian Imperial Bank of Commerce or HDFC Bank?
HDFC Bank (HDB) is larger, with a market capitalization of $113.79B compared with $98.36B for Canadian Imperial Bank of Commerce (CM).
Which stock has performed better over the past year, CM or HDB?
CM returned +33.06% over the past 12 months, compared with -36.60% for HDB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CM or HDB?
HDB has the lower trailing P/E at 14.3, versus 14.4 for CM. 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, Canadian Imperial Bank of Commerce or HDFC Bank?
HDFC Bank has the higher yield at 58.72%, compared with 3.86% for Canadian Imperial Bank of Commerce.
Are Canadian Imperial Bank of Commerce and HDFC Bank in the same industry?
Yes. Both are classified in the Commercial Banks industry within the Finance sector.