Q2 2019 Financial Results
Canadian Personal and Small Business Banking
NIM expansion and volume growth driving performance
7
Adjusted¹
($MM)
Q2/18 Q1/19 Q2/19
•
Revenue
2,090 2,166 2,128
Non-Interest Expenses
1,089
1,098
1,120
Pre-Provision Earnings
1,001
1,068
1,008
Impaired
199
192
202
Revenue growth driven by strong margins
and volume growth
NIM up 9 bps YoY and 5 bps QoQ
Deposits up 7% YoY
Provision for Credit Losses:
Performing
4
16
27
-
Provision for Credit Losses
203
208
229
PCL for Impaired: ratio of 32 bps,
flat YoY, up 2 bps QoQ
Net Income - Reported²
584
463
570
Net Income - Adjusted¹
586
632
571
Loans and Deposits
238
247
242
Efficiency Ratio - Adjusted¹
52.1%
257
257
50.7%
52.6%
256
167
173
178
Q2/18
Q1/19
Deposits ($B)
-Net Interest Margin (bps)
Q2/19
Q2/18
Q1/19
Q2/19
Loans & Acceptances ($B)
CIBC
1 Adjusted results are Non-GAAP financial measures. See slide 27 for further details.
2 Reported results are on slide 25.View entire presentation