Sifting through countless of stocks in the Banks industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Old National Bancorp or Canadian Imperial Bank of Commerce because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Old National Bancorp and Canadian Imperial Bank of Commerce compare based on key financial metrics to determine which better meets your investment needs.

About Old National Bancorp and Canadian Imperial Bank of Commerce

Old National Bancorp operates as the bank holding company for Old National Bank that provides consumer and commercial banking services in the United States. It accepts deposit accounts, such as noninterest-bearing demand, interest-bearing checking and negotiable order of withdrawal, savings and money market, and time deposits. The company also offers loans, including home equity lines of credit, residential real estate loans, and consumer loans, as well as loans to commercial clients comprising commercial loans, commercial real estate loans, agricultural loans, letters of credit, and lease financing. In addition, it offers debit and automated teller machine cards, telephone access and online banking, and other electronic and mobile banking services. Further, the company offers private banking, wealth management, trust, investment advisory, brokerage, and foreign currency services; treasury management, merchant, and capital markets services for businesses; and community development lending and equity investment solutions. Old National Bancorp was founded in 1834 and is headquartered in Evansville, Indiana.

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; Capital Markets and Direct Financial Services; and Corporate and Other segments. It offers checking, savings, agriculture, and business accounts; mortgages; business, car, education, home, and other loans; lines of credit and agriculture loans; and cash management, small business financing, and overdraft protection services. The company also provides investment and insurance services; healthcare banking; credit cards; private banking, wealth planning, investment management, and estate planning and trust; and ATMs, as well as mobile, online, and global money and wire transfer services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.

Latest Banks and Old National Bancorp, Canadian Imperial Bank of Commerce Stock News

As of July 31, 2026, Old National Bancorp had a $10.2 billion market capitalization, compared to the Banks median of $716.9 million. Old National Bancorp’s stock is up 19.7% in 2026, up 1.1% in the previous five trading days and up 25.42% in the past year.

Currently, Old National Bancorp’s price-earnings ratio is 11.9. Old National Bancorp’s trailing 12-month revenue is $2.7 billion with a 33.3% net profit margin. Year-over-year quarterly sales growth most recently was 28.8%. Analysts expect adjusted earnings to reach $2.610 per share for the current fiscal year. Old National Bancorp currently has a 2.2% dividend yield.

As of July 31, 2026, Canadian Imperial Bank of Commerce had a $108.1 billion market cap, putting it in the 97th percentile of all stocks. Canadian Imperial Bank of Commerce’s stock is up 30.8% in 2026, up 0.2% in the previous five trading days and up 65.23% in the past year.

Currently, Canadian Imperial Bank of Commerce’s price-earnings ratio is 16.0. Canadian Imperial Bank of Commerce’s trailing 12-month revenue is $21.2 billion with a 34.0% net profit margin. Year-over-year quarterly sales growth most recently was 17.1%. Analysts expect adjusted earnings to reach $7.324 per share for the current fiscal year. Canadian Imperial Bank of Commerce currently has a 3.6% dividend yield.

How We Compare Old National Bancorp and Canadian Imperial Bank of Commerce Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Old National Bancorp and Canadian Imperial Bank of Commerce’s stock grades to see how they measure up against one another.

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Old National Bancorp and Canadian Imperial Bank of Commerce Stock Value Grades

Company	Ticker	Value
Old National Bancorp	ONB	C
Canadian Imperial Bank of Commerce	CM	C

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection.

Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Value Grade derives from a stock’s value score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.

Old National Bancorp has a Value Score of 56, which is Average. Canadian Imperial Bank of Commerce has a Value Score of 54, which is Average.

The Value Stock Winner: No Clear Winner

Neither Old National Bancorp or Canadian Imperial Bank of Commerce has a high enough value grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolio. It’s important to look at a wide range of financial metrics in order to determine if Old National Bancorp or Canadian Imperial Bank of Commerce is the better investment when it comes to value.

Old National Bancorp and Canadian Imperial Bank of Commerce Growth Grades

Company	Ticker	Growth
Old National Bancorp	ONB	C
Canadian Imperial Bank of Commerce	CM	C

The foundation of growth investing is seeking out stocks of companies exhibiting strong, consistent and prolonged growth that is expected to continue into the future.

In order to compute the growth score and assign it a letter grade, the percentile ranks for each of three components‐consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations‐must be determined. These three rank figures are added together, and the sum is ranked against the entire stock universe to arrive at a company’s Growth Score to create an equal distribution of grades.

The companies in the bottom 20% of the stock universe receive Growth Grades of F, considered to be very weak, while those in the top 20% receive A grades, which are considered very strong.

Old National Bancorp has a Growth Score of 59, which is Average. Canadian Imperial Bank of Commerce has a Growth Score of 46, which is Average.

The Growth Stock Winner: No Clear Winner

Neither Old National Bancorp or Canadian Imperial Bank of Commerce has a high enough Growth Grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Old National Bancorp or Canadian Imperial Bank of Commerce is the better investment when it comes to sustainable growth.

Old National Bancorp and Canadian Imperial Bank of Commerce’s Momentum Grades

Company	Ticker	Momentum
Old National Bancorp	ONB	B
Canadian Imperial Bank of Commerce	CM	B

Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

Old National Bancorp has a Momentum Score of 65, which is Strong. Canadian Imperial Bank of Commerce has a Momentum Score of 77, which is Strong.

The Momentum Grade Winner: It’s a Tie!

Looking at the Momentum Grade breakdown above, both Old National Bancorp and Canadian Imperial Bank of Commerce have a grade of B. For those who focus solely on a company’s momentum, further research will need to be conducted into both companies to see if they fit your individual needs as an investor.

Other Old National Bancorp and Canadian Imperial Bank of Commerce Grades

In addition to Value, Growth and Momentum, A+ Investor also provides grades for Estimate Revisions and Quality.

Earnings estimate revisions scores take into account the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, surprises beget further surprises‐or at least continued sales growth (the exact opposite is generally true, too).

AAII’s A+ Investor Quality Grade comes from the ranking of key metrics. Specifically, the quality grade is the percentile rank of the composite of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and F-Score.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Old National Bancorp and Canadian Imperial Bank of Commerce pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Old National Bancorp or Canadian Imperial Bank of Commerce Stock?

Overall, Old National Bancorp stock has a Value Score of 56, Growth Score of 59 and Momentum Score of 65.

Canadian Imperial Bank of Commerce stock has a Value Score of 54, Growth Score of 46 and Momentum Score of 77.

Comparing Old National Bancorp and Canadian Imperial Bank of Commerce’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.