CIBC Quick Facts

CIBC (TSX, NYSE: CM) is a leading North American financial institution serving clients in Canada and around the world. Through our distinct business lines, CIBC Retail Markets and Wholesale Banking, CIBC provides a full range of products and services to almost 11 million individual, small business and commercial banking clients and meets the financial needs of corporate and institutional clients.

At year end (October 31, 2008):

Revenue was $3.7 billion
Net loss was $2.1 billion or ($5.89) per share diluted
Market capitalization was $20.8 billion
Tier 1 capital ratio was 10.5%
CIBC had nearly 40,000 employees worldwide
CIBC had 1,050 branches across Canada with more than 3,700 automated banking machines (ABMs) in the network, including 1,118 Access for All machines
CIBC has been a constituent of the DJSI World Index for seven consecutive years and a member of the DJSI North America Index since its inception in 2005
CIBC has been listed on the FTSE4Good Index since its inception in 2001
CIBC has been a member of the Jantzi Social Index since its inception in 2000
The CIBC group of companies contributed more than $36 million globally to charitable and non-profit initiatives. Of this, more than $27 million was invested in Canada, including nearly $20 million in charitable donations, supporting a wide variety of national, regional and local organizations with a strategic focus on youth, education and health.

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CIBC Retail Markets

CIBC Retail Markets comprises CIBC's personal, business banking and wealth businesses. We provide a full range of financial products and services to almost 11 million personal, business and wealth management clients, as well as investment management services globally to retail and institutional clients. In addition, we offer a full range of financial services to clients in 17 regional markets in the Caribbean through FirstCaribbean International Bank.

Wholesale Banking

CIBC’s wholesale banking business provides a wide range of credit, capital markets, investment banking, merchant banking, and research products and services to government, institutional, corporate and retail clients in Canada and in key markets around the world. All of these activities support our objective of being the premier client-focused wholesale bank based in Canada.

Functional Groups

There are 5 functional groups in CIBC which provide infrastructure support services:

Administration - comprises Human Resources, Legal, Corporate Security, Compliance, Control Division, Internal Audit, Corporate Secretary, Ombusdman, Privacy, and Communications and Public Affairs within CIBC.
Corporate Development - is a key participant in creating long-term value for CIBC and its shareholders and in directing CIBC's strategic planning process.
Finance - provides financial services to CIBC's businesses through effective governance and decision support processes.
Risk Management - defines CIBC's risk appetite and sets risk strategy to manage risk in alignment with business strategy; measures, monitors and controls CIBC's exposure to risk; and oversees the allocation of risk resources.
Technology and Operations - manages and enhances the technology and operational processes that run CIBC's businesses worldwide, as well as providing specialized service and advice to business partners.

Read the Annual Accountability Report 2008. Find out more

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