First Quarter 2022 Financial Results
Record results in Q1 2022
EPS
ROE
Revenue
Operating Leverage
Reported
$4.03
Reported
17.4%
Reported
Reported
(0.1)%
$5.5B
Adjusted¹
$4.08
+14% YoY
Adjusted¹
17.6%
Adjusted¹
+11% YoY
Adjusted 1
0.2%
PPPT1,2
PCL Ratio³
CET1 Ratio4
Liquidity Coverage Ratio5
Average
Reported
Adjusted¹
$2.5B
$2.5B
+11% YoY
Total
6 bps
12.2%
vs. OSFI requirement
-3 bps
YOY
123%
-19% YoY
Impaired
11 bps
of 10.5%
vs. OSFI requirement
of >100%
CIBC
1 Adjusted results are non-GAAP financial measures. See slide 37 for further details.
2 Pre-provision, pre-tax earnings (PPPT) is revenue net of non-interest expenses and is a non-GAAP measure. See slide 37 for further details.
3 See notes 2 and 3 on slide 38.
4. Our capital ratios are calculated pursuant to OSFI's Capital Adequacy Requirements (CAR) Guideline, which is based on BCBS standards. For additional information, see the "Capital management" section in the Q1/22
Management's discussion and analysis, available on SEDAR at www.sedar.com.
5 LCR is calculated pursuant to OSFI's Liquidity Adequacy Requirements (LAR) Guideline, which is based on BCBS standards. For additional information, see the "Liquidity risk" section in the Q1/22 Management's
discussion and analysis, available on SEDAR at www.sedar.com.
First Quarter, 2022
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