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CIBC Overtakes Scotiabank In Market Value After Stock’s 47% Run
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CIBC Overtakes Scotiabank In Market Value After Stock’s 47% Run
In July 2025, Canadian Imperial Bank of Commerce (CIBC) surpassed Bank of Nova Scotia (Scotiabank) in market capitalization, becoming Canada’s fourth-most valuable bank, a position it hadn’t held since the early 2000s. CIBC’s shares surged 47% over the past year, reaching a market value of C$94.6 billion ($68.9 billion) as of July 2025, narrowly edging ... Read more The post CIBC overtakes Scotiabank in market value after stock’s 47% run first a…
CIBC overtakes Scotiabank in market value after stock’s 47% run - Canadian Mortgage Trends
Canadian Imperial Bank of Commerce has inched past Bank of Nova Scotia in market capitalization to become Canada’s fourth-most valuable bank, as investor sentiment shifts in favour of lenders with more exposure to the domestic market.
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