Strong Financial Performance
CIBC delivered net income of $2.1 billion, up 11% from the prior year, and earnings per share of $2.16, up 12%. Pre-provision, pre-tax earnings also increased by 12%.
Robust Capital Position
The bank ended the quarter with a CET1 ratio of 13.4%, while repurchasing 5.5 million common shares. Announced intention to launch another normal course issuer bid for 2% of outstanding common shares.
Positive Operating Leverage
CIBC achieved its 8th consecutive quarter of positive operating leverage, aided by broad-based growth and healthy margin expansion.
Digital and AI Innovations
CIBC's digital banking capabilities were recognized with the highest ranking in customer satisfaction in the J.D. Power study. Their AI-powered voice assistant won the 2025 Digital CX Award for Best Use of AI for Customer Experience.
Capital Markets Growth
CIBC Capital Markets reported a 43% increase in net income year-over-year, driven by higher underwriting, advisory activity, and global markets revenues.