Canadian House Prices and Banking Performance
Highlights Canadian Personal and Business Banking
-
Strategic priorities accelerating growth
Reported
Adjusted²
($MM)
Revenue
Q1/23
YOY
QoQ
Q1/23
YOY QoQ
2,260
4% (0%)
2,260
4%
0%
☐
Enhancing Digital Client Experiences to drive
simplicity and speed
Net interest income
1,709
8%
(1%)
1,709
8% (0%)
Non-interest income
551
(8%)
2%
551 (8%)
2%
Expenses
1,290
12% (2%)
1,283
13%
(0%)
PPPT1
970
(6%)
2%
977
(6%)
1%
Provision for Credit Losses
158
61%
(48%)
158
61%
(48%)
Increasing Productivity with an effective frontline
team to win at client relationships
Net Income
589
(14%)
25%
594
(15%)
22%
Loans (Average, $B) 3,4
315
8%
1%
315
8%
1%
Deposits (Average, $B)4
217
10%
2%
217
10%
2%
Net Interest Margin (bps)
216
(3)
216
(2)
Differentiating with Personalized Advice
focused on the Affluent
Q1/23 | Key Highlights
8% / 10%
Loan & Deposit Growth 3,4
Robust annual growth
30% Growth
New CIBC-Brand Card Activation
115% growth including Costco co-brand
94%
Digital Transactions 5
Record high number completed digitally
CIBC
For footnoted information refer to slide 37.
16View entire presentation