Canadian Imperial Bank of Commerce (CM) Investor presentation summary

Strategic vision and priorities

• Focused on delivering industry-leading shareholder returns through a client-centric, performance-driven approach.

• Strategic priorities include growing the mass affluent and private wealth franchise, expanding digital-first personal banking, enhancing client connectivity, and operational excellence.

• Emphasis on disciplined capital allocation, robust risk management, and ongoing investments in technology and AI.

• Strong governance, transparency, and a culture of accountability underpin all initiatives.

• Commitment to sustainability, diversity, and community engagement as part of long-term value creation.

Financial performance and objectives

• Achieved strong revenue and earnings growth, with a reported diluted EPS CAGR of 9% over three years and 16% over five years.

• Return on equity (ROE) averaged 15%+, with positive operating leverage and a dividend payout ratio within the 40–50% target range.

• Record net income in Canadian Personal & Business Banking, driven by top-line growth and margin expansion.

• Capital Markets delivered record earnings, supported by robust client activity and double-digit revenue growth.

• Balance sheet strength reflected in a CET1 ratio of 13.4% and liquidity coverage ratio of 133%.

Business segment highlights

• Canadian Personal & Business Banking: 14 million clients, 987 banking centers, and 25% ROE.

• Canadian Commercial Banking & Wealth Management: $6.9B revenue, 23.6% ROE, and $597B in assets under administration.

• U.S. Commercial Banking & Wealth Management: $2.3B revenue, 8.4% ROE, and a growing presence in 17 key U.S. markets.

• Capital Markets: $6.1B revenue, 22.1% ROE, and a diversified business mix across geographies and client segments.

• Digital banking adoption rate at 88.8%, with over 8.2 million active digital users.