Third Quarter 2023 Financial Results Overview
Funding & Liquidity
A well-diversified, high-quality, client-driven balance sheet
.
Liquidity and funding position continue to remain well above regulatory requirement
•
Client deposits are the primary source of funding, comprising over $500B of the total funding base
•
•
Funding strategy is supplemented in part by wholesale funding, which is diversified across investor type, geographies, currencies,
maturities, security and funding instruments
Wholesale funding comprises mostly of long-term funding, across both secured and unsecured
100%
Minimum Requirement
Total Loss Absorbing Capacity (TLAC)1
TLAC Composition ($B) and Ratio
96.0
45.7
External Instruments
6.7
4.9
Tier 2 Instruments
Additional Tier 1 Instruments
38.7
CET1 Capital
TLAC Composition
Endnotes are included on slides 46 to 51.
CIBC◇
30.2%
Q3/23 | 117%
Net Stable Funding Ratio
Minimum Requirement [21.5%]
Funding Mix ($B, Spot)
Repos
11%
Other (incl.
Derivatives
8%
Capital
5%
Client
Deposits
55%
Q3/23 131%
Average Liquidity Coverage Ratio
Q3/23
$943B
WSF
$201B
Third Quarter, 2023
< 1 Year
Maturity
11%
> 1 Year
Maturity
10%
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