Canadian Imperial Bank of Commerce (CIBC)

OverviewSuggest Edit

Canadian Imperial Bank of Commerce (CIBC) is a financial institution that provides its clients with banking services. Through its three main business units — Retail and Business Banking, Wealth Management and Capital Markets — CIBC provides a full suite of financial products and services in Canada and around the world. 

Retail and Business Banking provides personal and business clients across Canada with financial advice, products, and services. Wealth Management offers integrated advice and investment solutions to meet the needs of institutional, retail and high net worth clients. Capital Markets provides integrated credit and global markets products, investment banking advisory services and top-ranked research to corporate, government and institutional clients around the world. 

TypePublic
Founded1867
HQToronto, CA
Websitecibc.com
Employee Ratings3.6

Locations

Canadian Imperial Bank of Commerce (CIBC) is headquartered in
Toronto, Canada

Location Map

Latest Updates

Employees (est.) (Oct 2018)44,200(+3%)
Revenue (FY, 2017)$16.3 B(+9%)

Key People/Management at Canadian Imperial Bank of Commerce (CIBC)

Victor G. Dodig

Victor G. Dodig

President and Chief Executive Officer, CIBC
Michael G. Capatides

Michael G. Capatides

Senior Executive Vice-President, Chief Administrative Officer and General Counsel
Harry Culham

Harry Culham

Senior Executive Vice-President and Group Head, Capital Markets
Laura Dottori-Attanasio

Laura Dottori-Attanasio

Senior Executive Vice-President and Chief Risk Officer
Kevin Glass

Kevin Glass

Senior Executive Vice-President and Chief Financial Officer
Jon Hountalas

Jon Hountalas

Senior Executive Vice-President and Group Head, Commercial Banking and Wealth Management, Canada
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Canadian Imperial Bank of Commerce (CIBC) Office Locations

Canadian Imperial Bank of Commerce (CIBC) has offices in Toronto, Calgary, Vancouver, Winnipeg and in 15 other locations
Toronto, CA (HQ)
181 Bay Street
Calgary, CA
855 2 St SW
Montréal, CA
3050 600 Boulevard de Maisonneuve O
Ottawa, CA
222 Queen St
Winnipeg, CA
1 Lombard Pl
Sydney, AU
1 Macquarie Pl
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Canadian Imperial Bank of Commerce (CIBC) Financials and Metrics

Canadian Imperial Bank of Commerce (CIBC) Revenue

Canadian Imperial Bank of Commerce (CIBC)'s revenue was reported to be $16.28 b in FY, 2017 which is a 8.3% increase from the previous period.
CAD

Revenue (Q2, 2018)

4.4b

Net income (Q2, 2018)

1.3b

Cash (30-Apr-2018)

5.1b

EV

48.9b
Annual
CADFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

13.4b13.9b15.0b16.3b

Revenue growth, %

4%9%8%

Operating expense total

8.5b8.9b9.0b9.6b

Pre tax profit

3.9b4.2b5.0b5.9b
Quarterly
CADQ1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018

Revenue

3.5b3.4b3.5b3.5b3.6b3.6b4.1b3.7b4.2b3.7b4.1b4.3b4.5b4.4b

Operating expense total

2.2b2.1b2.2b2.4b2.2b2.2b2.2b2.3b2.3b2.3b2.5b2.6b2.6b2.5b

Pre tax profit

1.1b1.1b1.2b902.0m1.2b1.1b1.7b1.1b1.7b1.2b1.4b1.5b1.7b1.6b

Income tax expense

154.0m182.0m174.0m124.0m179.0m124.0m234.0m181.0m316.0m194.0m346.0m306.0m400.0m328.0m
Annual
CADFY, 2014FY, 2015FY, 2016FY, 2017

Cash

2.7b3.1b3.5b3.4b

PP&E

1.8b1.9b1.9b1.8b

Goodwill

1.5b1.5b1.5b5.4b

Total Assets

414.9b463.3b501.4b565.3b
Quarterly
CADQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

3.0b3.3b3.2b3.3b2.8b2.9b3.2b3.6b4.2b3.3b5.1b

PP&E

1.9b1.8b1.9b1.9b1.8b1.9b1.8b1.8b1.8b1.7b1.7b

Goodwill

1.5b1.5b1.5b1.6b1.5b1.5b1.5b1.5b5.1b5.3b5.5b

Total Assets

445.2b439.2b457.8b479.0b478.1b494.5b513.3b528.6b560.9b586.9b590.5b
Annual
CADFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

3.2b3.6b4.3b4.7b

Depreciation and Amortization

813.0m435.0m462.0m542.0m

Cash From Operating Activities

(16.6b)19.5b10.2b2.5b

Purchases of PP&E

(251.0m)(256.0m)(170.0m)201.0m
Quarterly
CADQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

923.0m1.8b2.8b982.0m1.9b3.4b1.4b2.5b3.6b1.3b2.6b

Depreciation and Amortization

104.0m214.0m326.0m106.0m218.0m333.0m120.0m247.0m390.0m166.0m328.0m

Cash From Operating Activities

2.7b780.0m15.6b6.9b6.1b7.6b(4.2b)(1.3b)459.0m2.6b9.2b

Purchases of PP&E

(64.0m)(106.0m)(165.0m)(50.0m)(29.0m)(95.0m)(40.0m)(85.0m)
CADY, 2018

EV/CFO

5.3 x

Debt/Equity

0.1 x

Financial Leverage

17.6 x
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Canadian Imperial Bank of Commerce (CIBC) Operating Metrics

Canadian Imperial Bank of Commerce (CIBC)'s Customers was reported to be 11 m in Q4, 2017. Canadian Imperial Bank of Commerce (CIBC)'s Total Loans was reported to be $365.1b in Q2, 2018. Canadian Imperial Bank of Commerce (CIBC)'s Total Deposits was reported to be $449b in Q2, 2018. Canadian Imperial Bank of Commerce (CIBC)'s Assets Under Management was reported to be $225b in Q2, 2018.
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Canadian Imperial Bank of Commerce (CIBC) Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
AT Investment Advisers Inc.
Atlantic Trust Company, National Association
Atlantic Trust Group LLC
Canadian Imperial Holdings Inc.
CIBC Asset Management Inc.
CIBC Australia Ltd
CIBC BA Limited
CIBC Bank and Trust Company (Cayman) Limited
CIBC Capital Corporation
CIBC Cayman Bank Limited
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Canadian Imperial Bank of Commerce (CIBC) Revenue Breakdown

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Canadian Imperial Bank of Commerce (CIBC) revenue breakdown by business segment: 17.3% from Capital Markets, 51.4% from Canadian Personal and Small Business Banking, 5.4% from U.S. Commercial Banking and Wealth Management, 22.1% from Canadian Commercial Banking and Wealth Management and 3.8% from Other

Canadian Imperial Bank of Commerce (CIBC) revenue breakdown by geographic segment: 83.2% from Canada, 6.9% from U.S., 7.9% from Caribbean and 2.0% from Other

Canadian Imperial Bank of Commerce (CIBC) Online and Social Media Presence

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Canadian Imperial Bank of Commerce (CIBC) Frequently Asked Questions

  • When was Canadian Imperial Bank of Commerce (CIBC) founded?

    Canadian Imperial Bank of Commerce (CIBC) was founded in 1867.

  • Who are Canadian Imperial Bank of Commerce (CIBC) key executives?

    Canadian Imperial Bank of Commerce (CIBC)'s key executives are Victor G. Dodig, Michael G. Capatides and Harry Culham.

  • How many employees does Canadian Imperial Bank of Commerce (CIBC) have?

    Canadian Imperial Bank of Commerce (CIBC) has 44,200 employees.

  • What is Canadian Imperial Bank of Commerce (CIBC) revenue?

    Latest Canadian Imperial Bank of Commerce (CIBC) annual revenue is $16.3 b.

  • What is Canadian Imperial Bank of Commerce (CIBC) revenue per employee?

    Latest Canadian Imperial Bank of Commerce (CIBC) revenue per employee is $368.3 k.

  • Who are Canadian Imperial Bank of Commerce (CIBC) competitors?

    Competitors of Canadian Imperial Bank of Commerce (CIBC) include Desjardins, Toronto-Dominion Bank (TD) and Royal Bank Of Canada.

  • Where is Canadian Imperial Bank of Commerce (CIBC) headquarters?

    Canadian Imperial Bank of Commerce (CIBC) headquarters is located at 181 Bay Street , Toronto.

  • Where are Canadian Imperial Bank of Commerce (CIBC) offices?

    Canadian Imperial Bank of Commerce (CIBC) has offices in Toronto, Calgary, Vancouver, Winnipeg and in 15 other locations.

  • How many offices does Canadian Imperial Bank of Commerce (CIBC) have?

    Canadian Imperial Bank of Commerce (CIBC) has 20 offices.