Canadian House Prices and Banking Performance
Highlights US Commercial Banking & Wealth Management
-
Strategic priorities to build on our momentum
Reported
Adjusted 1
(US $MM)
Q1/23
YOY QoQ
Q1/23
YOY QoQ
Revenue
526
10%
9%
526
10%
9%
Net interest income
355
16%
3%
355
16%
3%
22
Non-interest income
171
(1%) 25%
171
(1%)
25%
Expenses
283
13%
7%
271
14%
8%
PPPT²
243
6%
11%
255
5%
10%
Provision for Credit Losses
73
$51
(4%)
73
$51
(4%)
Net Income
150
(16%)
29%
159
(15%)
27%
Loans (Average, $B)3,5
40
12%
1%
40
12%
1%
Deposits (Average, $B)5
37
4%
2%
37
4%
2%
Net Interest Margin (bps)
354
9
5
354
9
5
AUA4 ($B)
94
(4%)
6%
AUM4 ($B)
72
(5%)
6%
རྒྱས
94
(4%)
6%
☑
72
(5%)
6%
Growing Commercial Banking by delivering expertise and
solutions to meet clients' unique needs
Expanding Private Wealth Management with continued
focus on high-touch relationships
Investing in technology and infrastructure to scale our
platform and drive connectivity
Q1/23 | Key Highlights
12% / 4%
Loan & Deposit Growth 3,5
Robust annual growth
4.8%
Annualized Net Flows / AUM6
amidst challenging markets
~$100M M
Invested over 12 months
$8MM increase over Q1/22
CIBC
For footnoted information refer to slide 38.
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