First Quarter 2022 Financial Results
Continued capital strength supports our strategy
$B
• CET1 ratio of 12.2%, down 13 bps, reflecting:
Q1/21
Q4/21
Q1/22
Average Loans and Acceptances
417.5
455.5
474.5
•
Average Deposits
583.6
623.2
652.9
CET1 capital
31.4
33.8
34.8
CET1 ratio
12.3%
•
12.4%
12.2%
Risk-weighted assets (RWA) 1
256.1
272.8
284.2
Leverage ratio¹
4.7%
4.7%
4.3%
Liquidity coverage ratio (average)
142%
127%
123%
HQLA (average)1
190.5
174.7
174.7
Net Stable Funding Ratio¹
122%
118%
116%
Strong capital generation of $1.1B from earnings net of
dividends
Increase in RWAS of $11.4B from strong organic growth and
FX translation
Buyback of 900,000 shares under our active NCIB program
Balance sheet well positioned to support continued organic
growth and return of capital
CET1 Ratio
40 bps
(39) bps
(14) bps
12.4%
RWA ($B)
2.7
0.2
8.5
12.2%
272.8
Q4/21
Earnings net of
Dividends
RWA
Movements
(excl. FX)
Other
Q1/22
284.2
Q4/21
Credit Risk
(excl. FX)
FX
Other
Q1/22
CIBC
1 RWA and our capital ratios are calculated pursuant to OSFI's CAR Guideline, the leverage ratio is calculated pursuant to OSFI's Leverage Requirements Guideline, HQLA and NSFR are calculated pursuant to OSFI's
LAR Guideline, all of which are based on BCBS standards. For additional information, see the "Capital management" and "Liquidity risk" sections in the Q1/22 Management's discussion and analysis, available on
SEDAR at www.sedar.com.
First Quarter, 2022
13View entire presentation