First Quarter, 2024 Earnings Report
Reconciliation
GAAP (reported) to non-GAAP (adjusted) results 1
$MM
Q1/24
Reported revenue
Non-trading revenue
Trading revenue¹
Total
Reporting Segment
1,561
(856)
705
Impact of item of note
Corresponding impact on TEB in Capital Markets and Direct Financial Services of a recovery
to income tax that would be eliminated by a Federal proposal, if enacted in its current form
Adjusted trading revenue 2,3
(52)
653
Capital Markets and
Direct Financial Services
Q1/24
Reported revenue
Corporate & Investment Banking revenue
Direct Financial Services revenue
Global Markets revenue
1,561
(443)
(321)
797
Capital Markets and
Direct Financial Services
Impact of item of note
Corresponding impact on TEB in Capital Markets and Direct Financial Services of a recovery
to income tax that would be eliminated by a Federal proposal, if enacted in its current form
Adjusted Global Markets revenue²
(52)
745
Endnotes are included on slides 49 to 54.
CIBC
First Quarter, 2024
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