Q2 2019 Financial Results slide image

Q2 2019 Financial Results

10 10 Capital Markets Strong performance through focus on diversification and connectivity Adjusted¹ ($MM) Q2/18 Q1/19 Q2/19 Global Markets 409 414 427 Corporate & Investment Banking2 301 291 324 Revenue³ 710 705 751 Non-Interest Expenses 376 368 372 Pre-Provision Earnings 334 337 379 Impaired 3 42 6 Performing (12) 24 (6) Provision for (reversal of) Credit Losses (9) 66 Net Income - Reported* 249 201 279 Net Income - Adjusted¹ 249 201 279 12% NIAT growth YoY: Strong revenues across trading, origination and lending businesses Positive operating leverage Continued focus on growth in the U.S. and with non-Capital Markets client segments Revenue ($MM)1,2 337 350 364 373 355 387 Q2/18 Q1/19 Q2/19 CIBC ■Non-Trading ■ Trading 1 Adjusted results are Non-GAAP financial measures. See slide 27 for further details. 2 Corporate & Investment Banking now includes the Other line of business. 3 Revenue is reported on a taxable equivalent basis (TEB). 4 Reported results are on slide 25.
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