Financial Performance and ESG Strategy Update
Notes on slides 12-18
Slide 12 Solid returns underpinned by a commitment to balance sheet strength...
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Capital ratios are calculated pursuant to the Office of the Superintendent of Financial Institution's (OSFI's) Capital Adequacy Requirements (CAR) Guideline, the leverage ratio is calculated pursuant to OSFI's Leverage
Requirements Guideline, and the LCR is calculated pursuant to OSFI's Liquidity Adequacy Requirements (LAR) Guideline, all of which are based on the Basel Committee on Banking Supervision (BCBS) standards. For
additional information, see the "Capital management" and "Liquidity risk" sections in the 2022 Annual Report, available on SEDAR at www.sedar.com.
Slide 13 ...and prudent risk management
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All results are on a Reported basis and in Canadian dollars unless otherwise indicated.
Allowance for credit losses to gross carrying amount of loans. The gross carrying amount of loans include certain loans that are measured at fair value through profit or loss (FVTPL).
Provision for (reversal of) credit losses on impaired loans to average loans and acceptances, net of allowance for credit losses
Provision for (reversal of) credit losses to average loans and acceptances, net of allowance for credit losses.
Slide 14 - Lending portfolio has a strong risk profile
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Incorporates security pledged; equivalent to S&P/Moody's rating of BBB/Baa2
LTV ratios for residential mortgages are calculated based on weighted average. See page 66-67 of the 2022 Annual Report for further details.
GVA and GTA definitions based on regional mappings from Teranet.
Slide 16 Highlights - Canadian Personal & Business Banking
Pre-provision, pre-tax earnings is revenue net of non-interest expenses and is a non-GAAP measure. See slide 40 for further details.
Adjusted results are non-GAAP measures. See slide 40 for further details.
Loan amounts are stated before any related allowances.
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Loan and deposit growth is calculated using average balances. Average balances are calculated as a weighted average of daily closing balances.
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Based on a comparison to the Big 6 Canadian banks per data published by the Office of the Superintendent of Financial Institutions (OSFI) as of Sept/22.
Certain additional disclosures for these specified financial measures have been incorporated by reference and can be found on page 102 in the 2022 Annual Report, available on SEDAR at www.sedar.com.
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Excluding the acquisition of the Canadian (Costco) co-brand credit card portfolio.
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Slide 17 Growing digital engagement and adoption
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Canadian Personal Banking only, excluding Simplii Financial. Based on spot balances as at October 31 for the respective periods.
Digital Adoption (Penetration) Rate represents the percentage share of Digital Registered Customers who have been engaged on CIBC Online Banking and/or CIBC Mobile Banking at least once in the last 90 calendar
days out of all Canadian Personal Banking customers engaged across any channel.
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Active Digital Users represent the 90-day Active clients in Canadian Personal Banking.
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Reflects financial transactions only.
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Other includes transfers and eDeposits.
Slide 18-Loan & Deposit Highlights - Canadian Personal & Business Banking
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All figures represent average balances. Average balances are calculated as a weighted average of daily closing balances.
Loan amounts are stated before any related allowances.
CIBCO
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