Canadian Personal Banking Digital Transformation
Continued capital, liquidity and balance sheet strength
$B
Average Loans and Acceptances
Average Deposits
Q3 Highlights
•
We continue to maintain a strong liquidity and capital position while supporting
client needs
Q3/19
Q2/20
Q3/20
•
393.7
412.8
414.9
479.1
526.5
557.4
CET1 capital
27.0
29.5
30.2
CET1 ratio
11.4%
11.3%
11.8%
•
Risk-weighted assets (RWA)
236.8
261.8
256.7
•
Leverage ratio
4.3%
4.5%
4.6%
Liquidity coverage ratio (average)
129%
131%
150%
HQLA (average)
117.9
137.9
178.0
Internal capital generation, a net decrease in RWAs, and an increase in value of
FVOCI securities contributed to QoQ increase
35 bps capital generation from earnings excluding PCL, net of dividends
RWAS decreased $5.1B QoQ, or $1.5B excluding the impact of FX
Benefit of ECL transitional arrangement increased in the quarter; fully loaded
CET1 ratio of 11.5%
CET1 Ratio
11.3%
Pro forma
12.2%¹
10 bps
8 bps
35 bps
(2) bps
(2) bps
Q2/20
Earnings net of
Dividends
(excl. PCL)
PCL net of
ECL Transitional
Arrangement
CIBC
1 After the expected sale of our controlling interest in FCIB.
11.8%
RWA Change
(excl. FX
and Migration)
RWA from Credit
Other
Q3/20
Migration
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