Q2 2023 Financial Results
Investments in top-line growth delivering for shareholders
Revenue ($B)
21.8 21.8
20.0 20.0
18.6 18.5
18.7 18.7
5.4 5.4
ន ន ន ១
Q1
Q1
Q1
Q1
Q2
Q2
Non-Interest Expense ($B)
Q2
Q2
Operating Leverage¹ (%)
Q3
Q3
Q3
5.3
Q3
5.2
12.8
Q4
8 12.4
Q4
Q4
Q4
11.4
11.5 11.2
10.9
10.4
10.6
3.5
3.3
5.6 5.6
11.6 11.6
5.7 5.7
5.4 5.4
5.5 5.5
5.9 5.9
7.6
3.2 3.1
6.5
0.2
3.1
3.2
3.1 3.0
(1.5)
4.5
3.0 3.0
3.3
0.7
(0.6)
(0.3)
(1.9) (1.9)
(4.0)
2019
2020
2021
2022
2023
2019
2020
2021
2022
2023
2019
2020
2021
2022
Q2/23
Diluted EPS2 ($)
5.60
5.96
4.85
4.11
7.23
6.96
7.05
6.68
1.39
1.26
Q1 Return on Common Shareholders' Equity (%)
Dividend Payout Ratio¹ (%)
ន ន ន ១
Q1
Q2
Q2
Q3
Q3
15.4
Q4
14.5
Q4
1.85
1.78
3.64
11.7
10.0
16.7
16.1
14.7
14.5
14.0
13.9
49.9
46.9
70.7
60.0
50.0
48.8
48.1
46.3
41.8 40.3
1.62 1.77
1.70
2.15
1.76
2.01 2.04
1.94
0.39
2021
2022
2023
2019
2020
2021
2022
Q2/23
2019
2020
2021
2022
Q2/23
For footnoted information refer to slide 37.
Reported
Adjusted³
2019
2020
CIBC◇
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