Q2 2023 Financial Results slide image

Q2 2023 Financial Results

Robust operational framework underpinning strength and stability of our bank... The resilience of our bank is underpinned by a strong balance sheet, a sustainable funding profile, and disciplined risk and capital management practices. Resilient capital base Strong liquidity position Quality deposit franchise Prudent lending standards Solid capital generation capabilities to withstand market headwinds Well-diversified, high- quality, and client- centric funding structure Deep client relationships and diversification across industries Proactively managed portfolios with strong risk profiles CET1 ratio of 11.9%; strong capital generation; insignificant net impact of Basel III reforms Average LCR² of 124%; well above the minimum regulatory requirement of 100% by OSFI Client deposits comprise 55% of total funding; wholesale funding constitutes ~20% Allowance coverage ratio³ of 0.66%; above pre-pandemic levels in response to economic uncertainties CIBC◇ For footnoted information refer to slide 37. 6
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