Fourth Quarter, 2023 Financial Overview
Funding & Liquidity
A well-diversified, high-quality, client-driven balance sheet
.
Liquidity and funding position continue to remain well above regulatory requirement
Client deposits are the primary source of funding, comprising over $500B of the total funding base
•
Funding strategy is supplemented in part by wholesale funding, which is diversified across investor type, geographies, currencies,
maturities, security and funding instruments
Wholesale funding comprises mostly of long-term funding, across both secured and unsecured
100%
Minimum Requirement
Total Loss Absorbing Capacity (TLAC)1
TLAC Composition ($B) and Ratio
100.2
48.1
External Instruments
30.7%
6.8
4.9
Tier 2 Instruments
Additional Tier 1 Instruments
21.5%
40.3
CET1 Capital
TLAC Composition
Endnotes are included on slides 58 to 66.
CIBC
Q4/23 118%
|
Net Stable Funding Ratio
Minimum Requirement
Funding Mix ($B, Spot)
Repos
12%
Other (incl.
Derivatives
8%
Capital
Client
Deposits
TLAC Ratio
54%
5%
Q4/23 | 135%
Average Liquidity Coverage Ratio
Q4/23
$976B
WSF
$202B
Fourth Quarter, 2023
< 1 Year
Maturity
11%
> 1 Year
Maturity
10%
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