Canadian Bail-in Regime Update
Resilient balance sheet supports organic business growth
CET1 ratio of 13.0%, up 64 bps sequentially
Increase primarily due to:
Internal capital generation and share issuances
Methodology changes, including the adoption of IRB on a majority of
the U.S. portfolio, partly offset by regulatory changes related to
negatively amortizing mortgages and revised market risk and CVA
frameworks
Net of organic RWA growth in the quarter
Pro forma CET1 impact of U.S. IRB3 net of Q1/24 regulatory changes: ~
+20 bps4
$B
Average Loans and Acceptances¹
Q4/22
525.6
Q4/23
Q1/24
539.5
538.8
Average Deposits¹
CET1 Capital²
·
703.8
721.2
732.4
37.0
40.3
41.2
•
CET1 Ratio
11.7%
12.4%
13.0%
•
Risk-Weighted Assets (RWA)²
315.6
326.1
316.3
Leverage Ratio²
4.4%
4.2%
4.3%
Liquidity Coverage Ratio (average)²
129%
135%
137%
HQLA (average)²
181.5
187.8
191.7
•
Net Stable Funding Ratio²
118%
118%
115%
CET1 Ratio
12.4%
RWA ($B)
Pro forma +20 bps4
28 bps
6 bps
13.0%
326.1
(6) bps
11 bps
25 bps
1.4
(7.5)
316.3
(3.7)
Q4/23
Earnings Net
of Dividends
Share
Issuances
Methodology
& Policy³
RWA
Growth
Other
Q1/24
Q4/23
Credit Risk
Market &
Operational Risk
FX
Q1/24
CIBC
For footnoted information refer to slide 68.
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