Canadian Imperial Bank Of Commerce · TSX:CM
Canadian Imperial Bank Of Commerce — CIBC — Barclays Global Financial Services Conference 2010
11 slides from Canadian Imperial Bank Of Commerce's conference presentation, Sep 13, 2010
Slide 1: Building a Strong Canadian Bank
9/14/2010 An Investment Community Introduction to CIBC June 2010 Building a Strong Canadian Bank Richard Nesbitt Chairman and Chief Executive Officer, Wholesale Banking Barclays Global Financial Services Conference September 13, 2010 A Note about Forward-Looking Statements From time to time, we make
Slide 2: Canadian Economic and Financial System Strength
9/14/2010 An Investment Community Introduction to CIBC June 2010 Canadian Economic and Financial System Strength 10-year GDP Growth Rate (1999-2009) Canadian banks Tier 1 Ratio vs. Global banks Canada Forecast 3.1% 3.2% 2.4% 14.2% 2.2% 12.7% 12.0% 12.6% 1.9% 1.7% 0.9% 0.6% 0.7% CIBC Other CAD Europe
Slide 3: About CIBC
9/14/2010 An Investment Community Introduction to CIBC June 2010 About CIBC CIBC (CM: TSX; NYSE) Senior Deposit Ratings Canadian- Canadian-based global financial institution Moody’s Aa2 42,000 employees S&P A+ Two strategic business units: Fitch AA- CIBC Retail Markets DBRS AA Wholesale Bankin
Slide 4: Strong Capital Position
9/14/2010 An Investment Community Introduction to CIBC June 2010 Strong Capital Position Tier 1 Capital Ratio (%) Tangible Common Equity Ratio (%) 14.2 12.7 9.5 8.4 8.9 8.5 7.3 7.6 7.0 Reg. Min. Historical 2010 YTD 2010 YTD Q309 Q409 Q110 Q210 Q310 Target Cdn Peers Avg. 7 Productivity Q3 YTD non-int
Slide 5: Credit Quality
9/14/2010 An Investment Community Introduction to CIBC June 2010 Credit Quality Loan Losses ($MM) New Impaired Loans ($MM) 967 806 686 547 566 557 424 359 316 221 Q309 Q409 Q110 Q210 Q310 Q309 Q409 Q110 Q210 Q310 Loan Loss Ratio (%) Coverage Ratio (%) 95 78 67 64 56 38 38 40 40 28 Q409 Q110 Q210 Q31
Slide 6: CIBC Retail Markets
9/14/2010 An Investment Community Introduction to CIBC June 2010 CIBC Retail Markets Y/Y Balances(1) Market Growth ($B) Position (%) Cards, outstandings(2) 13.8 - #1 Mortgages(2) 136.4 6.7 #2 Wood Gundy 105.7 10.0 #2 Personal Deposits & GICs 106.9 7.1 #3 Business Deposits 30.1 1.9 #3 Mutual Funds 46
Slide 7: CIBC Retail Markets
9/14/2010 An Investment Community Introduction to CIBC June 2010 CIBC Retail Markets Revenue ($B) Net Income ($B) 7.2 6.9 1.6 1.4 Q309 YTD Q310 YTD Q309 YTD Q310 YTD 13 Wholesale Banking Client-Focused Strategy Client-Focused By sustaining an intense client focus in all activities, our objective is
Slide 8: Wholesale Banking
9/14/2010 An Investment Community Introduction to CIBC June 2010 Wholesale Banking Market Position Equities Trading #1 Mergers & Acquisitions #2 Equity New Issues #2 Gov’ Gov’t Debt New Issues(1) #2 Syndicated Lending(1) #2 Corporate Debt New Issues(1) #3 Corporate Lending #5 (1) Calendar YTD throug
Slide 9: Wholesale Banking
9/14/2010 An Investment Community Introduction to CIBC June 2010 Wholesale Banking Wholesale Banking Net Income(1) Value At Risk ($MM) ($MM) 208 184 179 14.7 145 131 132 121 6.3 4.4 Q109 Q209 Q309 Q409 Q110 Q210 Q310 2008 2009 2010 YTD (1) Excluding items of note. Non-GAAP measure. See slides 20 and
Slide 10: Notes to Users / Contacts
9/14/2010 An Investment Community Introduction to CIBC June 2010 Building a Strong Canadian Bank Richard Nesbitt Chairman and Chief Executive Officer, Wholesale Banking Barclays Global Financial Services Conference September 13, 2010 Notes to Users / Contacts Performance measurement We use a number
Slide 11: Reconciliation of GAAP to Non-GAAP measures
9/14/2010 An Investment Community Introduction to CIBC June 2010 Reconciliation of GAAP to Non- Non-GAAP measures Non-GAAP CIBC; $MM, unless otherwise indicated YTD09 Q110 Q210 Q310 YTD10 Net income applicable to common shares 411 610 617 598 1,825 After-tax effect of amortization of other intangibl
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