Fourth Quarter, 2023 Financial Overview
Credit Portfolio Breakdown
Lending Portfolio has a strong risk profile
•
•
62% of our portfolio is consumer lending, composed mainly of
mortgages, with uninsured having an average loan-to-value of 50%
Total variable rate mortgage portfolio accounts for 32% of the
Canadian mortgage portfolio
Balance of portfolio is in business and government lending with an
average risk rating equivalent¹ to BBB
Canadian Uninsured Mortgage Loan-To-Value² Ratios
Overall Loan Mix (Net Outstanding Loans and Acceptances)
Consumer
62%
Mortgages
51%
HELOC 4%
Auto
Lending 1%
Personal
Lending 3%
Cards 3%
52%
50%
49%
48%
48%
49%
47%
48%
46%
45%
44%
44%
Q4/20
Q4/21
Q4/22
Q4/23
3
3
-Canada
GVA
GTA
Endnotes are included on slides 58 to 66.
CIBC◇
Fourth Quarter, 2023
$540B
Oil
& Gas 1%
Other
Business &
Government
25%
Commercial
Real Estate
11%
Retailers 1%
Business &
Government
38%
47View entire presentation