CIBC (TSX:CM) vs. Scotiabank (TSX:BNS): Which Is the Better Buy?

Sep 21, 2019 · Market-cap wise, Scotiabank is twice the size of CIBC. But even with a smaller magnitude, CIBC has seen a steadier growth in the past year compared to Scotiabank. At the …

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FAQs about CIBC (TSX:CM) vs. Scotiabank (TSX:BNS): Which Is the Better Buy? Coupon?

Are Scotiabank and CIBC the same bank?

If you’re shopping for a new bank, two of the options on your list are probably Scotiabank and CIBC. These two major Canadian banks have both been around for generations and both offer a large variety of banking services. On the surface they look similar, but how do they compare? Let’s take a closer look at this comparison Scotiabank vs. CIBC. ...

Are Scotiabank and CIBC the best banks in Canada?

Scotiabank and CIBC are two of the largest banks in Canada by total assets and market capitalization. If you are a Canadian looking for a new bank, the odds are high that these two will be near the top of your list. ...

Who won CIBC vs Scotiabank?

Scotiabank is the ultimate winner of this CIBC vs. Scotiabank showdown. The two banks, however, did tie in several of the categories, so it was an incredibly close comparison. ...

What are some facts about CIBC?

Here are some quick facts about CIBC: The Bank of Nova Scotia, commonly known as Scotiabank, is also one of Canada’s leading banks. Founded in 1832 in Halifax, the bank has been running for quite some time and is larger than CIBC by market capitalization, annual revenue, total assets and number of employees. ...

Are Scotiabank and CIBC bank accounts protected?

Both Scotiabank and CIBC bank accounts are protected by the CDIC or Canadian Deposit Insurance Corporation. This means that your balances of up to $100,000 are protected in case your bank suddenly goes out of business. For Canadians looking for flexibility and the opportunity to earn a high-interest rate, Scotiabank has you covered. ...

Is CIBC the smallest bank in Canada?

Even though CIBC is the smallest of the Big 5 Banks, it still has 48,000 employees who serve more than 14 million customers across Canada and globally. CIBC has over 1,000 bank branches and over 2,900 ATMs throughout Canada. With its founding in 1867, it’s Canada’s second oldest of the Big 5 Banks. ...