Canadian Imperial Bank of Commerce (CM) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Frank Goose, our Chief Risk Officer. Also on the call today are a number of our group heads, including Sean Bieber, U.S. Region, Raj Panosian, Personal and Business Banking Canada, and Susan Rimmer, Commercial Banking and Wealth Management Canada. They're all available to take questions following the prepared remarks. We have a hard stop at 8.30 and would like to give everyone a chance to participate, so we ask that you please limit your questions to one and re-queue in the Q&A. We'll make ourselves available after the call for any follow-ups. As noted on slide two of our investor presentation, our comments may contain forward-looking statements which involve assumptions and have inherent risks and uncertainties. Actual results may differ materially. I would also remind listeners that the bank uses non-GAAP financial measures to arrive at adjusted results. Management measures performance on a reported and adjusted basis and considers both to be useful in assessing underlying business performance. With that, I will now turn the call over to Victor. Thanks, Jeff, and good morning, everyone. I'm pleased to report that we delivered strong results and continued our momentum in the second quarter. Our performance reaffirms that our strategy is working. Our resilience through heightened uncertainty showcases the depth of our client relationships, our credit quality, and the strength of our balance sheet. Before I turn to our second quarter performance, I'd like to make a brief comment on the leadership announcements we made on March 13th. As you know, I'll be retiring as CEO of our bank at the end of our first fiscal year. It's been an incredible journey over the past 10 plus years, and I'm proud of what we've accomplished together across our CIBC team. I'm also proud and e...