Canadian Imperial Bank Of Commerce · TSX:CM
Canadian Imperial Bank Of Commerce — National Bank Financial Canadian Financial Services Conference 2010
10 slides from Canadian Imperial Bank Of Commerce's conference presentation, Mar 30, 2010
Slide 1: National Bank Financial Canadian Financial Services Conference
3/29/2010 National Bank Financial Canadian Financial Services Conference March 30, 2010 Gerry McCaughey CIBC President and Chief Executive Officer National Bank Financial Canadian Financial Services Conference March 30, 2010 A Note about Forward-Looking Statements From time to time, we make written
Slide 2: Solid First Quarter Results
3/29/2010 National Bank Financial Canadian Financial Services Conference March 30, 2010 Solid First Quarter Results Revenue ($B) Net Income ($MM) Diluted Cash EPS ($)(1) 3.1 652 1.60 2.0 147 0.31 Q109 Q110 Q109 Q110 Q109 Q110 Efficiency Ratio (%)(2) Return on Equity (%) Tier 1 Capital Ratio (%) 13.0
Slide 3: Industry Leading Capital Strength
3/29/2010 National Bank Financial Canadian Financial Services Conference March 30, 2010 Industry Leading Capital Strength Tier 1 Capital Ratio (%) Invested in existing core businesses 13.0% 40-50% dividend payout 12.0% based on sustainable earnings 8.5% 7.0% Grow core businesses through minori
Slide 4: Extending our Leadership in Advice
3/29/2010 National Bank Financial Canadian Financial Services Conference March 30, 2010 Extending our Leadership in Advice A leader in net worth client advice CIBC Wood Gundy manages over $100B of assets CIBC Private Wealth Management and Imperial Service offer complex credit, investment, retireme
Slide 5: Balancing Risk and Return Through the Cycle
3/29/2010 National Bank Financial Canadian Financial Services Conference March 30, 2010 Balancing Risk and Return Through the Cycle Jan 31, 2010 Y/Y Market Balances(1) Growth Share Trend ($B) (%) Cards, outstandings(2) 14.0 0.8 Stable Mortgages & Personal 161.1 5.9 Stable Lending(2) Deposits 104.1 1
Slide 6: Retail Markets Revenue and Profitability
3/29/2010 National Bank Financial Canadian Financial Services Conference March 30, 2010 Retail Markets Revenue and Profitability Core Business Revenue ($MM)(1) Net Income ($MM) 2,278 2,092 2,168 2,233 1,996 577 529 468 434 416 Q109 Q209 Q309 Q409 Q110 Q109 Q209 Q309 Q409 Q110 (1) Personal Banking, B
Slide 7: Wholesale Banking Revenue and Profitability
3/29/2010 National Bank Financial Canadian Financial Services Conference March 30, 2010 Wholesale Banking Revenue and Profitability Core Business Revenue ($MM)(1) Net Income, Adjusted ($MM)(2) 568 209 547 503 183 179 489 422 145 130 Q109 Q209 Q309 Q409 Q110 Q109 Q209 Q309 Q409 Q110 (1) Capital Marke
Slide 8: Business Mix
3/29/2010 National Bank Financial Canadian Financial Services Conference March 30, 2010 Business Mix Economic Capital, excluding Economic Capital run-off businesses Wholesale Wholesale 28% 18% Total Retail Total Retail 72% 82% Canadian Retail Canadian Retail International Retail International Retail
Slide 9: Q&A
3/29/2010 National Bank Financial Canadian Financial Services Conference March 30, 2010 Q&A Notes to Users Performance measurement We use a number of financial measures to assess the performance of our business lines. Some measures are calculated in accordance with GAAP, while other measures do not
Slide 10: Reconciliation of GAAP to Non-GAAP measures
3/29/2010 National Bank Financial Canadian Financial Services Conference March 30, 2010 Reconciliation of GAAP to Non-GAAP measures Q109 Q209 Q309 Q409 Q110 Wholesale Banking Net Income Reported (377) (346) 91 161 184 (Loss)/Gain on Structured Credit Run-off Activities (483) (324) 65 58 17 Mark-to-M