Performance at a Glance

Financial Highlights

In 2018 we advanced our client-focused strategy, created value for our shareholders and delivered strong earnings growth.

Table that summarizes key financial metrics for CIBC’s for 2017 and 2018 including financial results, financial measures, common share information, dividends, and net income by Strategic Business Unit.

  For the year ended October 31
(Canadian $ in billions, except as noted)


 
2018


 
2017

Financial results

Revenue

17.8

16.3

Provision for credit losses

0.9

0.8

Expenses

10.3

9.6

Net income

5.3

4.7

Financial measures (%)

Reported/Adjusted efficiency ratio(1)

57.5/55.6

58.8/57.2

Return on common shareholders’ equity (ROE)

16.6

18.3

Net interest margin

1.68

1.66

Total shareholder return

4.7

18.3

Common share information

Market capitalization

50.3

49.9

Dividends (%)

Dividend yield

4.7

4.5

Reported/Adjusted dividend payout ratio(1)

45.5/43.4

45.6/46.2

Net income by Strategic Business Unit

Canadian Personal and Small Business Banking

2.5

2.4

Canadian Commercial Banking and Wealth Management

1.3

1.1

U.S. Commercial Banking and Wealth Management

0.6

0.2

Capital Markets

1.1

1.1

  • Reported revenue
    ($ billions)
    2016: 15.0, 2017: 16.3, 2018: 17.8
  • Reported net income
    ($ billions)
    2016: 4.3, 2017: 4.7, 2018: 5.3
  • Adjusted earnings per share(1) ($)
     2016: 10.22, 2017: 11.11, 2018: 12.21
  • Adjusted return on common shareholders’ equity(1) (%)
     2016: 19.0, 2017: 18.1, 2018: 17.4
  • Dividend
    ($/share)
    2016: 4.75, 2017: 5.08, 2018: 5.32
  • Business mix
    % adjusted net income(1)
     
    Canadian Personal and Small Business Banking 46, Canadian Commercial Banking and Wealth Management 24, U.S. Commercial Banking and Wealth Management 11, Capital Markets 19, Corporate and Other 0
(1)
For additional information, see the “Non-GAAP measures” section of the MD&A.

View Ten-Year Statistical Review