Verdict: Side-by-side breakdown using the Bull Rankings model. SAN scored 72.0, CM scored 73.0 — CM leads.
Compare another set
Different reporting periods. CM's fundamentals are as of July 2026, but SAN's are as of December 2025 — a 7-month gap. Growth, margin and valuation figures below therefore describe different windows and aren't strictly like-for-like.
SAN
Banco Santander, S.A.
Banks - Diversified · Financial strength
63Fin
$13.55 · $195.9B
fundamentals as of
Strength gap
1.2
CM leads
CM
Canadian Imperial Bank of Commerce
Banks - Diversified · Financial strength
64.2Fin
$111.52 · $101.3B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
CheapestSAN13.2x
Fastest growthCM+13.7%
Side by side · every name on one set of axes
Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.
Fundamentals, head-to-head
SAN
CM
-0.5%D+
Rev
+13.7%B+
13.2xB
P/E
14.8xC+
13.1%B
ROE
15.6%B+
1.58B
P/B
2.18C+
2.1%B
Yield
2.8%B
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
The companies
SANBanco Santander, S.A.
Banks - Diversified · $13.55 · beta 0.94
Why now
Banks - Diversified · market cap $195.9b. 10% off the 52-week high of $15.05. PEG 0.90 — paying under fair value for the growth rate. 3 sell-side analysts publish a mean 1-yr target of $14.79 (implying +9% upside).
Moat
Net margin 33% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 13% meets the long-run market sustainable threshold — solid but not differentiated; the durability comes from elsewhere. $195.9b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
Balance-sheet financial — book value, net interest margin, and credit loss provisions are the lever points; a rates regime change or a deterioration in the loan book moves the stock more than EPS does.
CMCanadian Imperial Bank of Commerce
Banks - Diversified · $111.52 · beta 1.24
Why now
Banks - Diversified · market cap $101.3b. 11% off the 52-week high of $124.86. Revenue growing +14%, comfortably above the S&P median. 3 sell-side analysts rate this a Hold with a mean 1-yr target of $118.24 (implying +6% upside).
Moat
Net margin 34% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 16% is above 15% — the equity base is compounding at a rate the market struggles to discount accurately. $101.3b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
Balance-sheet financial — book value, net interest margin, and credit loss provisions are the lever points; a rates regime change or a deterioration in the loan book moves the stock more than EPS does.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Common questions
Is CM or SAN the better stock?
CM scores higher: CM 73.0, SAN 72.0 out of 100 on the Bull Rankings quality-growth score, which blends business quality, growth and valuation into one number. A higher score means a stronger business at a more reasonable price — it is not a price target or a recommendation.
How are CM and SAN scored?
Each carries the same 0–100 quality-growth score used everywhere on the site, built from three pillars — quality (profitability and returns on capital), growth (revenue and earnings), and value (what you pay for them) — combined as a geometric mean, so a weak pillar cannot be papered over by a strong one.
How current is this comparison?
The whole universe is re-scored every trading day after the US market close, so the scores and fundamentals here reflect the latest published edition.