First Quarter, 2024 Earnings Report
Business Segment Trends
Capital Markets & Direct Financial Services
Revenue (TEB) ($MM)1
Revenue Composition by Line of Business ($MM)1
1,561
1,509
1,481 1,481
1,561 1,509
1,481 1,481
1,362 1,362
1,355 1,355
321
1,362 1,362
1,355 1,355
306
306
1,290 1,290
321
1,290 1,290
298 298
321 321
705
312 312
653
ROE
683
683
571
571
519 519
443
488
488
389
389
443
395 395
430 430
423 423
Reported
26.4%
266
266
336
336
317
317
303
303
352
352
Adjusted²
24.8%
786
786
797
745
YoY 1% / (1)%2
669 669
604
604
555 555
532 532
475 475
500 500
499 499
504
504
Q1/23
Q2/23
Q3/23
| Non-Trading Net Interest Income - Reported
Non-Trading Non-Interest Income - Reported
Trading Revenue (TEB) - Reported
Q4/23
Q1/24
Non-Trading Net Interest Income - Adjusted²
Non-Trading Non-Interest Income - Adjusted²
Trading Revenue (TEB) - Adjusted 2,3
Non-Interest Expenses ($MM) & Efficiency Ratio (%)
Q1/23
Q2/23
■Global Markets - Reported
■Global Markets - Adjusted 2,3
Q3/23
Q4/23
Corp. & Inv. Bnkg - Reported
Corp. & Inv. Bnkg - Adjusted²
Q1/24
DFS - Reported
DFS - Adjusted²
DFS Revenue
Growth
Average Loans & Deposits ($B)4,5
760)
56.9%
60.0%
119
121
117
117
119
740
48.8%
49.7%
734
1200)
43.9%
47.2% 50.0%
45.6%
712
40.0%
700
69
71
71
70
71
680
673
30.0%
664
660
650
20.0%
640
10.0%
620
600
0.0%
Q1/23
Q2/23
Q3/23
Q4/23
Non-Interest Expenses
Efficiency Ratio - Reported
Q1/24
Efficiency Ratio - Adjusted2
Q1/23
Q2/23
Q3/23
Q4/23
Q1/24
■Loans Deposits
Endnotes are included on slides 49 to 54.
CIBC
First Quarter, 2024
+5% YOY
Total Trading Revenue
Growth (excl. TEB)
+5% YOY
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