Canadian Imperial Bank of Commerce (CM) vs Banco Santander S.A. Sponsored (SAN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Banco Santander S.A. Sponsored (SAN) has outperformed Canadian Imperial Bank of Commerce (CM) over the past year, gaining 37.0% versus a gain of 32.8%. Over five years, SAN leads with a +250.3% price change compared with +81.7% for CM. Banco Santander S.A. Sponsored is the larger company by market cap ($197.78 billion vs $98.36 billion), about 2.0 times the size.
On valuation, Banco Santander S.A. Sponsored trades at a lower forward P/E (9.5x vs 13.6x for Canadian Imperial Bank of Commerce). Canadian Imperial Bank of Commerce offers the higher dividend yield (3.86% vs 0.92%).
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 | SAN |
|---|---|---|
| Share price | $108.33 | $13.66 |
| Market cap | $98.36B | $197.78B |
| 1-day change | -2.92% | -2.50% |
| YTD return | +19.56% | +16.45% |
| 1-year return | +32.79% | +37.01% |
| 5-year return | +81.70% | +250.26% |
| P/E ratio (TTM) | 14.84 | 13.66 |
| Forward P/E | 13.56 | 9.54 |
| EPS (TTM) | $7.30 | $1.00 |
| Dividend yield | 3.86% | 0.92% |
| Annual dividend | $4.18 | $0.125 |
| 52-week high | $124.86 | $15.05 |
| 52-week low | $79.32 | $9.62 |
| Distance from 52-week high | -13.24% | -9.24% |
| Analyst consensus | hold | none |
| Avg. price target upside | +9.30% | +8.27% |
| Average volume | 1.22M | 12.46M |
| Shares outstanding | 907.94M | 14.48B |
| Employees | 51,711 | 185,279 |
| 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
- Banco Santander S.A. Sponsored is about 2.0 times larger than Canadian Imperial Bank of Commerce by market value ($197.78B vs $98.36B).
- Canadian Imperial Bank of Commerce offers a meaningfully higher dividend yield (3.86% vs 0.92%).
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 Banco Santander S.A. Sponsored
SAN stock →Banco Santander, S.A. provides various financial products and services to individuals, small and medium-sized enterprises, large corporations, and public entities worldwide.
Finance · Commercial Banks · 185,279 employees
CM vs SAN FAQ
Which is bigger, Canadian Imperial Bank of Commerce or Banco Santander S.A. Sponsored?
Banco Santander S.A. Sponsored (SAN) is larger, with a market capitalization of $197.78B compared with $98.36B for Canadian Imperial Bank of Commerce (CM).
Which stock has performed better over the past year, CM or SAN?
SAN returned +37.01% over the past 12 months, compared with +32.79% for CM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CM or SAN?
SAN has the lower trailing P/E at 13.7, versus 14.8 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 Banco Santander S.A. Sponsored?
Canadian Imperial Bank of Commerce has the higher yield at 3.86%, compared with 0.92% for Banco Santander S.A. Sponsored.
Are Canadian Imperial Bank of Commerce and Banco Santander S.A. Sponsored in the same industry?
Yes. Both are classified in the Commercial Banks industry within the Finance sector.