First Quarter 2022 Financial Results
Record results driven by strong performance across our businesses
Strong growth in Capital Markets Connectivity Revenues³
Gaining market share² in our consumer businesses
EPS
Reported $4.03
Adjusted $4.08
$MM
34 bps
19 bps
14.77%
14.87%
14.68%
% of Capital
Markets
revenues
YOY +14%
14.43%
Revenue
$5.5B
YoY +11%
ROE
Reported 17.4%
Adjusted¹ 17.6%
Digital
Adoption4
77.5%
YOY +2%
Nov/F21
Nov/F22
Personal Loans
Personal Deposits & GICS
Robust loan growth5 in Commercial Banking
$B, local currency
2
6
33
66
58
(5)
(1)
35
$B
20%
232
Q1/21
+17%
21%
272
Q1/22
Continued AUA 6,7 Growth
423
79
Q1/21
New Client
Growth
Existing Client
Growth (net)
Payoffs
Q1/22
Canada
U.S.
Q1/21
+17%
497
Q1/22
CIBC
1 Adjusted results are non-GAAP financial measures. See slide 37 for further details.
2 Market share is based on domestic currency balances disclosed by OSFI and internal CIBC data.
3 See note 1 on slide 38.
4 Canadian Personal Banking only, excluding Simplii Financial. Digital Adoption Rate calculated using 90-day active users.
5 Includes Commercial Banking loans for Canadian Commercial Banking & Wealth Management and segment loans for U.S. Commercial
Banking & Wealth Management. Average balances are calculated as a weighted average of daily closing balances.
6 Certain additional disclosures for these specified financial measures have been incorporated by reference and can be found on page 41 in
the Q1/22 Management's discussion and analysis, available on SEDAR at www.sedar.com.
7 Includes Assets Under Administration from individuals, and Canadian retail mutual funds and ETFs.
4View entire presentation