Trade Canadian Imperial Bank Commerce - CMus CFD

Canadian Imperial Bank Company profile

About Canadian Imperial Bank of Commerce (USA)

Canadian Imperial Bank of Commerce (the Bank) is a Canada-based multinational banking and financial services company. The Bank serves its clients through four business units: Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets. Its Canadian Personal and Business Banking provides personal and business clients across Canada with financial advice, products and services through its banking center, digital, mobile and remote channels. Its Canadian Commercial Banking and Wealth Management provides high-touch, relationship-oriented banking and wealth management services to middle market companies, entrepreneurs, high-net-worth individuals and families across Canada. Its U.S. Commercial Banking and Wealth Management provides commercial banking and private wealth services, as well as personal and small business banking services.

Financial summary

BRIEF: For the three months ended 31 January 2022, Canadian Imperial Bank of Commerce (USA) interest income increased 5% to C$3.94B. Net interest income after loan loss provision increased 14% to C$3.06B. Net income applicable to common stockholders increased 15% to C$1.82B. Net interest income after loan loss provision reflects Canadian Commercial Banking and Wealth Management segment increase of 44% to C$381M.

Equity composition

Common Stock no Par, 07/11, unlim. auth., 398,856,000 issd. Insiders control 0.04%. 6/91, Stock issued to holders of Canadian Bank of Commerce & Imperial Bank of Canada. Basis: 7-for-6. Preferred Stock no Par, 10/10, unlim. auth., 126,234,342 issd. 1/86, 3/97, 2-for-1stock split.