CM vs LPLA Stock Comparison

Canadian Imperial Bank Of Commerce and LPL Financial Holdings Prices as of Oct 26, 2026 Peers: Industry group

Head to Head

11 decided of 12

Canadian Imperial Bank Of Commerce leads on 9 of the 12 questions below (Canadian Imperial Bank Of Commerce 9, LPL Financial Holdings 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCMLPLALeader
Larger companyMarket capitalisation $109.05B $25.34B CM
Cheaper on earningsLower P/E, profitable companies only 15.6x 25.2x CM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 16.5x 14.1x LPLA
Faster revenue growthRevenue growth, trailing twelve months +15.7% +38.8% LPLA
More profitableNet margin, trailing twelve months 29.9% 5.1% CM
Better return on capitalReturn on invested capital 26.3% 10.1% CM
Less leveragedLower net debt / EBITDA 1.0x 2.5x CM
Higher dividend yieldTrailing dividend yield 0.03% 0.00% –
Better 1-year returnPrice return, last 12 months +40.4% -6.8% CM
Better 5-year returnAnnualised price return, 5 years +13.8%/yr +13.0%/yr CM
Less volatileAnnualised volatility, 1 year 21.8% 37.0% CM
Higher overall scoreMean of the five percentile scores vs peers 52/100 35/100 CM

Percentile Scorecard

CMLPLA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCMLPLA
Valuation 26 #267 of 362 44 #55 of 97
Growth 75 #57 of 221 18 #56 of 68
Profitability 89 #22 of 200 50 #34 of 67
Financial Health 11 #180 of 203 37 #62 of 97
Shareholder Returns 59 #142 of 342 28 #29 of 40
Overall 52 35
  • CM ranked among 370 companies in Banking
  • LPLA ranked among 112 companies in Capital Markets

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCMLPLASPY
1 month +1.7%+0.9% -0.8%
3 months -2.3%-4.4% +3.5%
6 months +4.7%-4.0% +7.0%
Year to date +27.5%-11.2% +12.2%
1 year +40.4%-6.8% +13.0%
3 years +232.7%+43.2% +86.3%
3 years, per year +49.3%+12.7% +23.1%
5 years +90.4%+84.4% +68.6%
5 years, per year +13.8%+13.0% +11.0%
10 years +207.1%+894.8% +258.0%
10 years, per year +11.9%+25.8% +13.6%

Risk

MeasureCMLPLASPY
Volatility, 1Y 21.8%37.0% 12.7%
Downside volatility, 1Y 23.0%40.1% 12.7%
Beta vs S&P 500, 1Y 0.830.92 1.00
Return / volatility, 1Y 1.86-0.18 1.02
Max drawdown, 5Y -47.4%-33.4% -25.4%
From 52-week high -6.6%-19.3% -1.8%
52-week high $123.74$393.25 $779.14
52-week low $82.39$265.86 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCMLPLA
P/E now vs peer median 15.5xmedian 12.1x 25.1xmedian 29.4x
P/S now vs peer median 4.6xmedian 3.4x 1.3xmedian 2.9x
EV/EBITDA now vs peer median 4.3xmedian 5.0x 12.5xmedian 13.7x
P/FCF now vs peer median 10.4xmedian 11.0x -26.8xmedian 16.0x
P/B now vs peer median 2.2xmedian 1.2x 4.3xmedian 2.3x
PEG now vs peer median 0.59median 1.36 -4.36median 0.52

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCMLPLA
Revenue $23.35B $19.61B
Net income $7.33B $1.01B
Free cash flow $10.29B -$931.29M
EPS (diluted) $7.41 $12.58
Cash & equivalents $10.94B $1.28B
Total debt $45.66B $7.46B
Shares (diluted) 940.68M 80.03M
Enterprise value $68.13B $20.66B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCMLPLA
P/E 15.5x 25.1x
P/FCF 10.4x -26.8x
P/Operating cash flow 10.4x -99.1x
P/S 4.6x 1.3x
P/B 2.2x 4.3x
P/Tangible book 2.3x 10.8x
EV/EBITDA 4.3x 12.5x
EV/EBIT 4.5x 17.5x
EV/Revenue 6.1x 1.6x
EV/FCF 13.7x -33.5x
EV/Operating cash flow 13.7x -123.6x
PEG (3Y EPS CAGR) 0.59 -4.36

Growth

14 metrics
MetricCMLPLA
Revenue growth (1Y) 15.7% 38.8%
Revenue CAGR (3Y) 11.1% 27.9%
Gross profit growth (1Y) – –
Gross profit CAGR (3Y) – –
Operating income growth (1Y) – –
Operating income CAGR (3Y) – –
Net income growth (1Y) 25.5% -9.9%
Net income CAGR (3Y) 27.5% -5.0%
EPS growth (1Y) 24.8% -9.5%
EPS CAGR (3Y) 26.4% -5.8%
Operating cash flow growth (1Y) -16.2% -144.7%
Operating cash flow CAGR (3Y) 15.7% -28.4%
Free cash flow growth (1Y) -16.2% -17,226%
Free cash flow CAGR (3Y) 15.7% -36.1%

Profitability

14 metrics
MetricCMLPLA
Gross margin – –
EBITDA margin 142.0% 12.7%
Operating margin – –
Pretax margin 39.0% 7.0%
Net margin 29.9% 5.1%
FCF margin 44.1% -4.7%
Operating cash flow margin 44.1% -1.3%
Return on equity 15.3% 17.6%
Return on assets 0.9% 5.2%
Return on invested capital 26.3% 10.1%
Return on capital employed – –
Asset turnover 0.0x 1.0x
Cash conversion (OCF / net income) 1.4x -0.3x
Stock comp / revenue 0.1% 0.4%

Financial Health

11 metrics
MetricCMLPLA
Debt / assets 5.4% 37.7%
Debt / equity 1.0x 1.3x
Net debt / EBITDA 1.0x 2.5x
Debt / FCF 4.4x -8.0x
Liabilities / assets 94.3% 70.9%
Equity / assets 5.7% 29.1%
Interest coverage 1.4x 4.3x
Current ratio – –
Quick ratio – –
Cash ratio – –
Altman Z-score – –

Shareholder Returns

7 metrics
MetricCMLPLA
Dividend yield 3.7% 0.4%
Net buyback yield -0.7% 1.2%
Shareholder yield 3.0% 1.5%
Payout ratio (earnings) 42.4% –
Payout ratio (FCF) 30.2% –
Dividend growth (1Y) 12.8% –
Dividend CAGR (3Y) 19.6% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCMLPLA
Forward P/E 16.5xFY2026 14.1xFY2026
EPS, next fiscal year $7.02FY2026 $22.53FY2026
EPS growth, next FY +14.3%FY2026 +12.1%FY2026
EPS growth, the year after +12.4% +30.1%
Revenue, next fiscal year $25.13BFY2026 $20.12BFY2026
Revenue growth, next FY +20.9%FY2026 +18.4%FY2026
Revenue growth, the year after -5.9% +24.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCMLPLA
Held by institutions 45.6% 100.0%
Institutions holding 566 765
Change in shares held, QoQ 0.0% +0.7%
Institutions buying 291 351
Institutions selling 172 301
Buyers to sellers 1.69 1.17

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CMLPLA
CM 1.00 0.32
LPLA 0.32 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CM and LPLA?

Canadian Imperial Bank Of Commerce (CM) is the largest by market capitalisation: Canadian Imperial Bank Of Commerce (CM) $109.05B, LPL Financial Holdings (LPLA) $25.34B.

Which stock is cheaper, CM and LPLA?

Canadian Imperial Bank Of Commerce (CM) trades on the lowest price-to-earnings ratio (Canadian Imperial Bank Of Commerce (CM) 15.6x, LPL Financial Holdings (LPLA) 25.2x). On next year's consensus earnings, LPL Financial Holdings (LPLA) is cheapest (Canadian Imperial Bank Of Commerce (CM) 16.5x, LPL Financial Holdings (LPLA) 14.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

LPL Financial Holdings (LPLA) grew revenue fastest over the trailing twelve months: Canadian Imperial Bank Of Commerce (CM) +15.7%, LPL Financial Holdings (LPLA) +38.8%.

Which company is more profitable?

Canadian Imperial Bank Of Commerce (CM) has the highest net margin (Canadian Imperial Bank Of Commerce (CM) 29.9%, LPL Financial Holdings (LPLA) 5.1%). On return on invested capital, Canadian Imperial Bank Of Commerce (CM) leads (Canadian Imperial Bank Of Commerce (CM) 26.3%, LPL Financial Holdings (LPLA) 10.1%).

Which stock has performed better?

Over the past year Canadian Imperial Bank Of Commerce (CM) returned the most: Canadian Imperial Bank Of Commerce (CM) +40.4%, LPL Financial Holdings (LPLA) -6.8%. Over five years, Canadian Imperial Bank Of Commerce (CM) compounded fastest (Canadian Imperial Bank Of Commerce (CM) +13.8%/yr, LPL Financial Holdings (LPLA) +13.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Canadian Imperial Bank Of Commerce (CM) 0.03%, LPL Financial Holdings (LPLA) 0.00%. LPL Financial Holdings (LPLA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Canadian Imperial Bank Of Commerce (CM) has been the steadiest (Canadian Imperial Bank Of Commerce (CM) 21.8%, LPL Financial Holdings (LPLA) 37.0%). Volatility measures how widely the price swings, not the risk of the business.

Do CM and LPLA move together?

Their daily returns over the past year have a correlation of 0.32, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, CM and LPLA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Canadian Imperial Bank Of Commerce (CM) leads on 9. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.