Canadian House Prices and Banking Performance
Operating Leverage 1 (%)
Investments in top-line growth delivering for shareholders
Revenue ($B)
21.8 21.8
20.0 20.0
18.6 18.5
18.7 18.7
5.4 5.4
Q1
Q2
ន ន ន ១
Q3
Non-Interest Expense ($B)
Q1
Q2
8800
Q3
12.8
12.4
Q4
Q4
0.2
11.4
11.5
11.2
10.9
10.4
10.6
3.5 3.3
Q1
(1.5)
Q2
Q3
3.2 3.1
Q4
4.5
3.1 3.0
3.3
5.6 5.6
Q3
Q4
5.4 5.4
5.9 5.9
2019
2020
Diluted EPS² ($)
5.60
5.96
4.85
4.11
5.5 5.5
3.0 3.0
(0.6)
(4.0)
5.3
0.7
(1.9) (1.9)
(1.5)
2021
2022
2023
2019
2020
2021
2022
2023
2019
2020
2021
2022
(39.8)
Q1/23
Return on Common Shareholders' Equity (%)
Dividend Payout Ratio¹ (%)
219.6
Q1
Q2
7.23
6.96
7.05
6.68
Q3
15.4
1.39
Q4
14.5
1.26
Q1
1.85
Q2
1.78
Q3
Q4
1.62 1.77
1.94
11.7
10.0
16.7
16.1
15.5
14.7
14.0
70.7
60.0
49.9 46.9
48.8 46.3
43.8
41.8 40.3
3.1
2.01 2.04
0.39
2021
2022
2023
2019
2020
2021
2022
Q1/23
2019
2020
2021
2022 Q1/23
For footnoted information refer to slide 36.
Reported
Adjusted³
2019
2020
CIBC
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