Capital Markets & Funding Strategies
Flexible, Strong Balance Sheet and Prudent Risk Management
Strong Capital Ratios (%)
Strong Credit Ratings
Agency
Rating¹
16.1
16.2
14.9
15.0
15.3
Moody's
Aa2 (Senior2 A2), Stable
11.4
11.6
12.1
12.4
11.7
S&P
Fitch
2018
2019
2020
2021
Q2/22
CET1 Ratio
Total Capital Ratio
DBRS
Liquidity Coverage Ratio (LCR) (%)
124
134
131
134
125
24
A+ (Senior2, A-), Stable
AA (Senior2, AA-), Stable
AA (Senior2 AA(low)), Stable
PCL Ratio on Impaired (bps)
16
11
10
10
Q2/18
Q2/19
Q2/20
Q2/21
Q2/22
For the quarter ended April 30, 2022, our three-month daily average LCR was 125%
compared to 134% for the same period last year. The decrease was driven by improving
economic conditions and the return of our LCR to pre-pandemic levels.
Q2/21
Q3/21
Q4/21
Q1/22
Q2/22
CIBC
1 Moody's Long-Term Deposit and Counterparty Risk Assessment Rating; S&P Issuer Credit Rating; Fitch Long-Term Deposit Rating and Derivative Counterparty Rating; DBRS Long-Term Issuer Rating. 2 Subject to conversion under
the bank recapitalization "bail-in" regime. 3 Regulatory disclosure of Liquidity Coverage Ratio was effective the first quarter after Jan/15.
9View entire presentation