Investor Presentaiton
Notes on slides 3-10
Slide 3 - A leading Canadian financial institution
All results are in Canadian dollars unless otherwise indicated.
Global regular head count for CIBC. This excludes FCIB, temporary employees and contingent workers.
For additional information on the composition, see the "Glossary" section on pages 51-57 in the Q3/23 Report to Shareholders, available on SEDAR at www.sedar.com.
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TSR is calculated based on common share price appreciation plus reinvested dividend income as at July 31, 2023.
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Includes revenue from US Commercial Banking & Wealth Management, and revenue from Capital Markets operations in the US.
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Calculated pursuant to Office of the Superintendent of Financial Institutions (OSFI) Capital Adequacy Requirements (CAR) Guideline, which is based on Basel Committee on Banking Supervision (BCBS) standards.
Corporate & Other not included in total NIAT.
Moody's Long-Term Deposit and Counterparty Risk Assessment Rating; S&P issuer Credit Rating; Fitch Long-Term Deposit Rating and Derivative Counterparty Rating; DBRS Long-Term Issuer Rating as at Q3/23.
Subject to conversion under the bank recapitalization "bail-in" regime.
Slide 4 Disciplined approach to resource allocation and execution of our client-focused strategy
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Funds managed from Imperial Service include loans and acceptances, deposits, and client investments. Loans are gross (do not include allowance for credit losses). We believe that funds managed provides the reader
with a better understanding of how management assesses the size of our total client relationships.
Strategic Commercial clients are defined as client relationships with deposit or loan balances in excess of $1MM or greater than $10K of annual revenue.
Digital Adoption (Penetration) Rate represents the percentage share of Digital Registered Customers who have been engaged on CIBC Online Banking and/or CIBC Mobile Banking at least once in the last 90 calendar
days out of all Canadian Personal Banking customers engaged across any channel.
Includes net client acquisition from Simplii Financial over the last twelve months (LTM) - Aug/22 to Jul/23.
Slide 5 ...and providing the foundation to deliver sustainable outperformance through the cycle
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We have set through the cycle targets for each of these measures, which we currently define as three to five years, assuming a normal business environment and credit cycle.
Based on adjusted measures. See the non-GAAP section on slide 39.
Slide 6 - Furthering our ESG strategy by putting our ambitions into action
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Source: Inframation. For transactions that closed from January 1, 2022 to December 31, 2022 (North American Renewables League Tables).
Refer to footnotes in Section 1.3 of CIBC's Sustainability Report 2022, ESG scorecard for more information.
Our Independent Assurance and Verification Statements can be found on our website at www.cibc.com.
Slide 7 External recognition for our commitment to sustainability
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Ratings are not a recommendation to make an investment in any security of CIBC and may be revised or withdrawn at any time by the issuing organization.
Slide 9 Investments in top-line growth delivering for shareholders
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For additional information on the composition, see the "Glossary" section on pages 51-57 in the Q3/23 Report to Shareholders, available on SEDAR at www.sedar.com.
All per common share amounts reflect the two for one common share split effective May 13, 2022, and prior periods have been restated for comparative purposes.
Adjusted results are non-GAAP measures. For additional information see slide 39.
Slide 10 Solid returns underpinned by a commitment to balance sheet strength
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Capital ratios are calculated pursuant to the Office of the Superintendent of Financial Institution's (OSFI's) Capital Adequacy Requirements (CAR) Guideline, the leverage ratio is calculated pursuant to OSFI's
Leverage Requirements Guideline, and the LCR is calculated pursuant to OSFI's Liquidity Adequacy Requirements (LAR) Guideline, all of which are based on the Basel Committee on Banking Supervision (BCBS)
standards. For additional information, see the "Capital management" and "Liquidity risk" sections in the Q3/23 Report to Shareholders, available on SEDAR at www.sedar.com.
CIBC
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