Canadian House Prices and Banking Performance
Highlights Canadian Commercial Banking & Wealth Management
-
Reported & Adjusted¹ ($MM)
Q1/23
YOY
QoQ
Strategic priorities to accelerate growth of Canada's private economy
Revenue
1,351
4%
3%
Net interest income
464
23%
3%
Non-interest income
887
(4%)
3%
☐
Investing in our platforms to maintain commercial banking
momentum & capitalize on wealth management opportunities
Expenses
665
(1%)
1%
PPPT²
686
10%
4%
Provision for Credit Losses
46
$50
$25
Net Income
469
2%
0%
Commercial Banking - Loans (Average, $B)3,6
90
14%
0%
Increasing connectivity to attract and deepen high-
value relationships
Commercial Banking - Deposits (Average, $B)6
90
7%
2%
Net Interest Margin (bps)
349
19
11
Assets Under Administration 4,5 (AUA, $B)
342
(4%)
5%
Focusing on future differentiators and faster growing sectors
Assets Under Management 4,5 (AUM, $B)
220
(4%)
5%
Q1/23 | Key Highlights
14% / 7%
CIBC◇
6.2%
$2.6B
Loan & Deposit Growth 6
Strong growth momentum
Annualized Net Flows7/AUA
from Private Wealth Management
Annualized Referral Volume 8
+28% vs. Q1/22
For footnoted information refer to slide 37.
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