First Quarter, 2024 Earnings Report
Our Progress
Delivering against our strategic priorities
Leading in Mass Affluent
& High Net Worth
Growing Digital Banking
STIT
Leveraging our
Connected Platform
Enabling & Simplifying
our Bank
Endnotes are included on slides 49 to 54.
CIBC
鼻
Imperial Service money-in
balances¹ grew $1.4B in Q1
(+88% versus the prior year)
Financial plans completed by clients
were up 54% versus the prior year in
Canadian Private Wealth
Net new client acquisition of
+180K in Simplii Financial over the
last twelve months²
Digital Adoption Rate of 86% in Canadian
Personal Banking, with +38% of core
retail products being sold digitally³
31% of Commercial clients have a
Private Wealth relationship in
Canada and 17% in the U.S.4
+20% of total Capital Markets
revenue originated from the U.S.
region during the quarter
Integrating evolving capabilities
such as generative artificial
intelligence across our businesses
~$140MM of expense efficiencies
realized through optimization and
simplification initiatives (LTM)5
First Quarter, 2024
4View entire presentation