Has Canadian Imperial Bank of Commerce (CM) Outpaced Other Finance Stocks This Year?

Group 1 - Canadian Imperial Bank (CM) is currently outperforming its Finance peers with a year-to-date performance increase of approximately 46%, compared to the average gain of 17.6% in the Finance sector [4] - The Zacks Rank system, which focuses on earnings estimates and revisions, has assigned Canadian Imperial Bank a Zacks Rank of 2 (Buy), indicating a positive earnings outlook trend with a 5.7% increase in the consensus estimate for full-year earnings over the past three months [3] - Canadian Imperial Bank is part of the Banks - Foreign industry, which consists of 67 companies and has gained about 54% year-to-date, indicating that CM is slightly underperforming its industry group [6] Group 2 - DNB Bank ASA (DNBBY) is another Finance stock that has shown strong performance, with a year-to-date return of 39.4% and a Zacks Rank of 2 (Buy) [4][5] - The consensus EPS estimate for DNB Bank ASA has increased by 1.2% over the past three months, reflecting a positive sentiment similar to that of Canadian Imperial Bank [5]