BBD vs. CM: Banco Bradesco vs. Cdn Imperial Bank of Commerce Stock Comparison
How do Banco Bradesco (BBD) and Cdn Imperial Bank of Commerce (CM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Banco Bradesco (BBD) and Cdn Imperial Bank of Commerce (CM) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.
Cdn Imperial Bank of Commerce (CM) trades as ordinary local shares, while Banco Bradesco (BBD) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | BBD | CM |
|---|---|---|
| Name | Banco Bradesco S.A. ADR | Canadian Imperial Bank of Commerce |
| Country/Region | Brazil | Canada |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Banks | Banks |
| GICS Industry | Banks | Banks |
| GICS Sub-Industry | Diversified Banks | Diversified Banks |
| Market Capitalization | 28.39 billion USD | 104.58 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | August 2, 2002 | November 13, 1997 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BBD | CM |
|---|---|---|
| Total Return (1Y) | -20.95% | 41.10% |
| Total Return (3Y, Annualized) | 2.33% | 51.34% |
| Total Return (5Y, Annualized) | 0.81% | 19.22% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BBD | CM |
|---|---|---|
| Volatility (1Y, Annualized) | 49.48% | 22.16% |
| Beta (5Y) | 0.64 | 0.99 |
| Max Drawdown (5Y) | -52.00% | -41.86% |
| Avg. Volume (3M) | 43.85M | 1.09M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BBD | CM |
|---|---|---|
| Sharpe Ratio (1Y) | -0.51 | 1.66 |
| Sortino Ratio (1Y) | -0.67 | 2.44 |
Profitability
ROE (TTM)
Both Banco Bradesco (BBD) at 14.20% and Cdn Imperial Bank of Commerce (CM) at 15.58% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
BBD
Banks industry group
14.20%
- Max
- 19.84%
- BBD
- 14.20%
- Q3
- 13.67%
- Median
- 11.49%
- Q1
- 9.50%
- Min
- 3.64%
CM
Banks industry group
15.58%
- Max
- 19.84%
- CM
- 15.58%
- Q3
- 13.67%
- Median
- 11.49%
- Q1
- 9.50%
- Min
- 3.64%
Net Margin (TTM)
Both Banco Bradesco (BBD) at 27.27% and Cdn Imperial Bank of Commerce (CM) at 33.74% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
BBD
Banks industry group
27.27%
- Max
- 47.19%
- Q3
- 35.25%
- Median
- 31.21%
- BBD
- 27.27%
- Q1
- 27.11%
- Min
- 14.93%
CM
Banks industry group
33.74%
- Max
- 47.19%
- Q3
- 35.25%
- CM
- 33.74%
- Median
- 31.21%
- Q1
- 27.11%
- Min
- 14.93%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for Banco Bradesco (BBD) in Banks and Cdn Imperial Bank of Commerce (CM) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | BBD | CM |
|---|---|---|
| ROE (TTM) | 14.20% | 15.58% |
| ROA (TTM) | 1.12% | 0.89% |
| Net Margin (TTM) | 27.27% | 33.74% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both Banco Bradesco (BBD) at 11.85% and Cdn Imperial Bank of Commerce (CM) at 13.66% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Banco Bradesco (BBD) at 37.42% sits in the top EPS growth quartile, while Cdn Imperial Bank of Commerce (CM) at 17.72% is closer to the peer norm — faster per-share earnings growth for BBD.
Growth Metrics
| Metric | BBD | CM |
|---|---|---|
| Revenue Growth (YoY) | 11.85% | 13.66% |
| Revenue Growth (3Y CAGR) | 2.67% | 10.06% |
| EPS Growth (YoY) | 37.42% | 17.72% |
| EPS Growth (3Y CAGR) | 4.44% | 8.66% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Banco Bradesco (BBD) in Banks and Cdn Imperial Bank of Commerce (CM) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Banco Bradesco (BBD) in Banks and Cdn Imperial Bank of Commerce (CM) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | BBD | CM |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Cdn Imperial Bank of Commerce (CM) at 3.62% earns its spot in the top quartile of its industry’s yields; Banco Bradesco (BBD) at 53.03% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.
BBD
Banks industry group
53.03%
- BBD
- 53.03%
- Max
- 5.79%
- Q3
- 3.18%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
CM
Banks industry group
3.62%
- Max
- 5.79%
- CM
- 3.62%
- Q3
- 3.18%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Cdn Imperial Bank of Commerce (CM) at 40.12% pays out a band-typical share of earnings, while Banco Bradesco (BBD) at 53.52% distributes more than its industry norm — less retained, thinner cover.
BBD
Banks industry group
53.52%
- Max
- 70.75%
- BBD
- 53.52%
- Q3
- 41.28%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
CM
Banks industry group
40.12%
- Max
- 70.75%
- Q3
- 41.28%
- CM
- 40.12%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
Dividend Metrics
| Metric | BBD | CM |
|---|---|---|
| Dividend Yield (TTM) | 53.03% | 3.62% |
| Dividend Payout Ratio (TTM) | 53.52% | 40.12% |
Valuation
P/E Ratio (TTM)
Banco Bradesco (BBD) at 5.64 trades below its industry P/E ratio range, while Cdn Imperial Bank of Commerce (CM) at 15.32 sits in the richer quartile — the market is paying very different prices for each company’s trailing earnings.
BBD
Banks industry group
5.64
- Max
- 18.16
- Q3
- 13.75
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
- BBD
- 5.64
CM
Banks industry group
15.32
- Max
- 18.16
- CM
- 15.32
- Q3
- 13.75
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
P/S Ratio (TTM)
P/S ratio is set aside for both Banco Bradesco (BBD) in Banks and Cdn Imperial Bank of Commerce (CM) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.
P/B Ratio (MRQ)
Banco Bradesco (BBD) at 0.69 looks cheap against book in the lower P/B ratio quartile, while Cdn Imperial Bank of Commerce (CM) at 2.24 carries a premium in the upper quartile — a clear price-to-book gap.
BBD
Banks industry group
0.69
- Max
- 2.28
- Q3
- 1.58
- Median
- 1.32
- Q1
- 1.10
- BBD
- 0.69
- Min
- 0.59
CM
Banks industry group
2.24
- Max
- 2.28
- CM
- 2.24
- Q3
- 1.58
- Median
- 1.32
- Q1
- 1.10
- Min
- 0.59
Valuation Metrics
| Metric | BBD | CM |
|---|---|---|
| P/E Ratio (TTM) | 5.64 | 15.32 |
| P/S Ratio (TTM) | -- | -- |
| P/B Ratio (MRQ) | 0.69 | 2.24 |
| Free Cash Flow Yield (TTM) | -- | -- |