Fourth Quarter, 2023 Financial Overview
Items of Note
Fourth quarter and fiscal 2023
Period
Income tax charge related to the Canada
Recovery Dividend tax and the 1.5% tax
increase from the 2022 Canadian Federal
Budget¹
Increase in legal provisions
Commodity tax charge related to the
retroactive impact of the 2023 Canadian
Federal budget
Amortization and impairment of acquisition-
related intangible assets
Adjustment to Net Income attributable to
common shareholders and EPS
Endnotes are included on slides 58 to 66.
CIBC◇
Q4/23
FY23
After-Tax
After-Tax
Reporting Segments
Pre-Tax
Effect
($MM)
& NCI
Effect
EPS
Effect
($/Share)
Pre-Tax
Effect
($MM)
($MM)
& NCI
Effect
($MM)
EPS
Effect
($/Share)
45
55
545
0.60
Corporate and Other
1,055
762
0.82
Corporate and Other
=4
34
25
0.03
Canadian Personal and
Business Banking
32
37
0.04
121
45
45
37
40
Canadian Personal and
Business Banking
96
96
0.11
U.S. Commercial and Wealth
Management
0.04
1,210
1,428
1.56
Fourth Quarter, 2023
Corporate and Other
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