Company

Canadian Imperial Bank of Commerce

Headquarters: Toronto, ON, Canada

Founded: June 1, 1961

Employees: 46,030

CEO: Mr. Victor G. Dodig

TSX: CM -0.39%

Market Cap

C$62.02 Billion

CAD as of July 1, 2024

US$45.15 Billion

Market Cap History

Company Description

The Canadian Imperial Bank of Commerce, commonly known as CIBC, is one of the largest banks in Canada, involved in retail and business banking, wealth management, and capital markets. CIBC has developed operations in the United States, the Caribbean, Asia, and Europe.

Canadian Imperial Bank of Commerce market capitalization over time

Evolution of Canadian Imperial Bank of Commerce market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Canadian Imperial Bank of Commerce

Detailed Description

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through four strategic business units: Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. The company offers chequing, savings, and business accounts; mortgages; loans, lines of credit, student lines of credit, and business and agriculture loans; investment and insurance services; and credit cards, as well as overdraft protection services. It also provides day-to-day banking, borrowing and credit, specialty, investing and wealth, and international services; correspondent banking and online foreign exchange services; and cash management services. The company serves its customers through its banking centers, as well as direct, mobile, and remote channels. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.

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Stocks & Indices

Canadian Imperial Bank of Commerce has the following listings and related stock indices.


Stock: TSX: CM wb_incandescent

Stock: NYSE: CM wb_incandescent

Stock: FSX: CAI wb_incandescent

Key People

Victor G. Dodig (President and CEO) Katharine Stevenson (Chair of the Board)

Financials

Revenue: C$20.02 billion (2021)

Net income: C$6.45 billion (2021)


Total assets: C$837.68 billion (2021)

Total equity: C$45.83 billion (2021)

Details

Headquarters:

Commerce Court

Toronto, ON M5L 1A2

Canada

Phone: 416-980-2211