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Canadian Imperial Bank of Commerce (CIBC)

OverviewSuggest Edit

Canadian Imperial Bank of Commerce (CIBC) is a diversified financial institution that provides various financial products and services to personal, business, public sector, and institutional clients. The company operates through four business units: Canadian Personal and Small Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets. It offers chequing, savings, and business accounts, mortgages, loans, lines of credit, student lines of credit, and business and agriculture loans, investment and insurance services, and credit cards, as well as overdraft protection services. The company also provides day-to-day banking, borrowing and credit, investing and wealth, specialty, and international services, correspondent banking and online foreign exchange services, and cash management services.
TypePublic
Founded1867
HQToronto, CAMap
Websitecibc.com
Employee Ratings3.6More
View Jobs (750)

Locations

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

Location Map
All Locations (10)

Latest Updates

Employees (est.) (May 2020)45,083
Job Openings750
Revenue (FY, 2019)C$18.6 B(+5%)
Share Price (Jun 2021)$118.7
Cybersecurity ratingBMore

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

Victor G. Dodig

Victor G. Dodig

President, Chief Executive Officer & Director
Michael G. Capatides

Michael G. Capatides

President and CEO, CIBC Bank USA Senior Executive Vice President and Group Head, U.S. Region
Brent S. Belzberg

Brent S. Belzberg

Board Member
John P. Manley

John P. Manley

Director, Chair of the Board, CIBC Bancorp USA Senior Advisor
Jack Markwalter

Jack Markwalter

Chief Executive Officer, CIBC Private Wealth Management, U.S.
Brant Ahrens

Brant Ahrens

President of Retail and Digital Banking and Head of U.S. Strategy and Administration
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Canadian Imperial Bank of Commerce (CIBC) Office Locations

Canadian Imperial Bank of Commerce (CIBC) has offices in Toronto, Calgary, Montréal, New York and in 6 other locations
Toronto, CA (HQ)
181 Bay Street
Calgary, CA
855 2 St SW
Montréal, CA
3050 600 Boulevard de Maisonneuve O
Sydney, AU
1 Macquarie Pl
Huangpu, CN
268 Central Tibet Road
Hong Kong, HK
3602 2 Queen's Road Central
Show all (10)

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 C$18.61 b in FY, 2019 which is a 4.4% increase from the previous period.
CAD

Revenue (Q1, 2020)

4.9b

Net income (Q1, 2020)

1.2b

Market capitalization (11-Jun-2021)

53.3b

Closing stock price (11-Jun-2021)

118.7

Cash (31-Jan-2020)

4.8b

EV

53.3b
Canadian Imperial Bank of Commerce (CIBC)'s current market capitalization is $53.3 b.
Annual
CADFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

15.0b16.3b17.8b18.6b

Revenue growth, %

9%8%10%4%

Operating expense total

9.0b9.6b10.3b10.9b

Pre tax profit

5.0b5.9b6.7b6.5b
Quarterly
CADQ1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020

Revenue

4.2b3.7b4.1b4.3b4.5b4.4b4.5b4.5b4.6b4.5b4.7b4.8b4.9b

Operating expense total

2.3b2.3b2.5b2.6b2.6b2.5b2.6b2.6b2.8b2.6b2.7b2.8b3.1b

Pre tax profit

1.7b1.2b1.4b1.5b1.7b1.6b1.7b1.6b1.5b1.7b1.8b1.5b1.5b

Income tax expense

316.0m194.0m346.0m306.0m400.0m328.0m365.0m329.0m285.0m351.0m373.0m339.0m317.0m
show all
Annual
CADFY, 2016FY, 2017FY, 2018FY, 2019

Cash

3.5b3.4b4.4b3.8b

Accounts Receivable

307.4b356.7b371.4b388.9b

PP&E

1.9b1.8b1.8b1.8b

Goodwill

1.5b5.4b5.6b5.4b
Quarterly
CADQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

3.2b3.6b4.2b3.3b5.1b3.7b4.1b4.2b3.9b4.8b

Accounts Receivable

313.9b321.9b349.6b357.0b365.1b366.8b375.1b383.2b385.8b392.9b

PP&E

1.8b1.8b1.8b1.7b1.7b1.7b1.8b1.8b1.8b3.1b

Goodwill

1.5b1.5b5.1b5.3b5.5b5.5b5.6b5.6b5.6b5.5b
show all
Annual
CADFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

4.3b4.7b5.3b5.1b

Depreciation and Amortization

462.0m542.0m657.0m838.0m

Cash From Operating Activities

10.2b2.5b9.9b18.6b

Purchases of PP&E

(170.0m)201.0m(255.0m)(272.0m)
Quarterly
CADQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

1.4b2.5b3.6b1.3b2.6b4.0b1.2b2.5b3.9b1.2b

Depreciation and Amortization

120.0m247.0m390.0m166.0m328.0m495.0m171.0m349.0m526.0m246.0m

Cash From Operating Activities

(4.2b)(1.3b)459.0m2.6b9.2b11.1b5.8b10.1b12.7b675.0m

Purchases of PP&E

365.0m293.0m267.0m(40.0m)(85.0m)(123.0m)(55.0m)(112.0m)(166.0m)(62.0m)
show all
CADFY, 2016

Revenue/Employee

345.7k

Debt/Equity

0.1 x

Financial Leverage

21.2 x
Show all financial metrics

Canadian Imperial Bank of Commerce (CIBC) Operating Metrics

Canadian Imperial Bank of Commerce (CIBC)'s Assets Under Management was reported to be C$263.6b in Q1, 2020. Canadian Imperial Bank of Commerce (CIBC)'s Total Loans was reported to be C$392.9b in Q1, 2020. Canadian Imperial Bank of Commerce (CIBC)'s Total Deposits was reported to be C$497.9b in Q1, 2020.
Q4, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020

Total Loans

C$259.03 bC$265.66 bC$266.26 bC$277.41 bC$281.19 bC$290.73 bC$290.55 bC$298.77 bC$307.42 bC$313.92 bC$321.93 bC$349.61 b$356.73 bC$357.01 bC$365.08 bC$366.79 bC$371.4 bC$375.06 bC$383.22 bC$385.76 bC$388.94 bC$392.95 b

Total Deposits

C$325.39 bC$339.88 bC$341.19 bC$360.53 bC$366.66 bC$377.23 bC$368.71 bC$389.57 bC$395.65 bC$409.75 bC$413.13 bC$439.36 bC$439.71 bC$446.18 bC$449.03 bC$459.77 bC$461.02 bC$464.71 bC$477.54 bC$481.04 bC$485.71 bC$497.9 b

Assets Under Management

C$151.91 bC$162.32 bC$152.42 bC$158.35 bC$170.47 bC$169.39 bC$169.52 bC$179.9 bC$183.72 bC$186.55 bC$198.94 bC$201.28 bC$221.57 bC$225.77 bC$224.95 bC$232.92 bC$225.38 bC$228.56 bC$242.69 bC$248.39 bC$252.01 bC$263.59 b

Assets Under Administration

C$1.7 tC$1.79 tC$1.91 tC$1.89 tC$1.85 tC$1.83 tC$1.88 tC$1.99 tC$2.04 tC$2.04 tC$2.12 tC$2.11 tC$2.19 tC$2.22 tC$2.28 tC$2.4 tC$2.3 tC$2.28 tC$2.4 tC$2.37 tC$2.43 tC$2.55 t
Show all operating metrics

Canadian Imperial Bank of Commerce (CIBC) Acquisitions / Subsidiaries

Company NameDateDeal Size
Cleary GullSeptember 09, 2019
Lowenhaupt Global AdvisorsSeptember 01, 2019
Wellington FinancialJanuary 05, 2018
Geneva AdvisorsAugust 31, 2017c$224 m
PrivateBancorpJune 23, 2017c$6.64 b
AT Investment Advisers Inc.
Atlantic Trust Company, National Association
Atlantic Trust Group LLC
Canadian Imperial Holdings Inc.
CIBC Asset Management Inc.
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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: 21.7% from Canadian Commercial Banking and Wealth Management, 10.6% from U.S. Commercial Banking and Wealth Management, 47.1% from Canadian Personal and Small Business Banking, 15.8% from Capital Markets and 4.9% from Other

Canadian Imperial Bank of Commerce (CIBC) revenue breakdown by geographic segment: 7.9% from Caribbean, 13.5% from U.S., 74.7% from Canada and 4.0% from Other

Canadian Imperial Bank of Commerce (CIBC) Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

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Canadian Imperial Bank of Commerce (CIBC) Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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

Canadian Imperial Bank of Commerce (CIBC)'s Trends

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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 Brent S. Belzberg.

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

    Canadian Imperial Bank of Commerce (CIBC) has 45,083 employees.

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

    Latest Canadian Imperial Bank of Commerce (CIBC) annual revenue is C$18.6 b.

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

    Latest Canadian Imperial Bank of Commerce (CIBC) revenue per employee is C$412.8 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, Montréal, New York and in 6 other locations.

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

    Canadian Imperial Bank of Commerce (CIBC) has 10 offices.