Canadian Imperial Bank of Commerce (CM) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. Welcome to the CIBC Q4 Quarterly Results Conference Call. Please be advised that this call is being recorded. I would now like to turn the meeting over to Jeff Weist, Senior Vice President, Investor Relations. Please go ahead, Jeff. Thank you, and good morning. We will begin this morning's presentation with opening remarks from Harry Cullum, marking his first earnings call as our President and Chief Executive Officer, followed by Rob Cedran, our Chief Financial Officer, and Frank Goose, our risk officer. Also on the call today are our group heads, including Raj Panosian, Personal and Business Banking Canada, and Susan Rimmer, Commercial Banking and Wealth Management. I'd like to take a moment to introduce two new members of our executive leadership team, Christian Exshaw from Capital Markets and Kevin Lee from our U.S. region. Christian and Kevin have served with our bank for over 17 years and 23 years, respectively, and bring exceptional leadership, a proven track record of performance, and exemplify our purpose-led and collaborative culture. Please join me in welcoming them to our new group heads. We have a hard stop at 830 and would like to give everyone a chance to participate this morning. So, as usual, 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 one 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 usef...