Q3 2019 Fixed Income Investor Presentation
Our Strategy Drives Organic Growth and Shareholder Value
Financial Measure
Diluted Earnings Per Share Growth
Medium-Term Target
YTD Q3 2019 Results
Reported
Adjusted¹
5%-10% on average, annually
(2.7)%
(1.4)%
Return on Common Shareholders' Equity
15%+
Efficiency Ratio
Basel III CET1 Ratio
52% run rate by 2022
Strong buffer to regulatory minimum
Dividend Payout Ratio
40%-50%
Total Shareholder Return
(rolling five-year period)
Exceed the industry average²
(45.4% as of July 31, 2019)
(1) Adjusted results are non-GAAP measures. See the non-GAAP section of CIBC's Q3 2019 Report to Shareholders
(2) Defined as the S&P/TSX Composite Banks Index.
CIBC Q3 2019 Fixed Income Investor Presentation
15.0%
15.8%
57.9%
55.3%
11.4%
48.2%
45.7%
29.7%
CIBC
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