Diversified income streams support record earnings, with non-interest income’s share above the global top 10 median Revenue growth outpaces expenses, lifting operating profit growth above the global top 10 median Strong asset quality is reflected in the second lowest impaired loan ratio among the world’s top 10 strongest banks Capital adequacy exceeds the North American median, while stable funding supports balance-sheet resilience 30 September 2026 – Canadian Imperial Bank of Commerce (CIBC) is the ninth strongest bank in the world and the third strongest in North America in the TAB Global 1000 World’s Strongest Banks 2026 ranking, announced on 30 September during Sibos in Miami, United States. The ranking is supported by broad-based earnings growth, improving efficiency and strong asset quality. Compared with the median figures for the world’s top 10 strongest banks, CIBC recorded a higher share of non-interest income, faster operating profit growth before provisions and a lower gross impaired loan ratio. "This award really speaks to the strong connected platform that we built, and the focus on our clients and creating value for our stakeholders, shareholders and local community,” said Giorgia Anton, Managing Director and Head of Payments at CIBC Capital Markets. Diversified income streams support record earnings CIBC delivered record net income of CAD 8.5 billion ($6.0 billion) in FY2025 as revenue increased 14%. All four business units recorded higher revenue, spanning personal and business banking, commercial banking, wealth management and capital markets. Higher net interest income from volume growth and margin expansion, together with growth in fees, commissions and trading revenues, contributed to the increase. Non-interest income accounted for 46% of operating income, the third highest share among the world’s top 10 strongest banks. This exceeded the top 10 median of 40% and was more than double the North American median of 19%, reflecting a diversified earnings mix. Revenue growth outpaces expenses, lifting profitability Operating expenses rose 11%, below revenue growth, lifting operating profit before provisions by 18%, compared with the top 10 median of 13%. The bank also improved its cost-to-income ratio and return on assets. Technology investment, automation, simplification and demand management initiatives supported efficiency. CIBC also launched its in-house AI platform, CAI, across the organisation to enhance productivity and client experience. Impaired loan ratio is second lowest among the top 10 CIBC’s gross impaired loan ratio remained low at 0.6% in FY2025, the second lowest among the world’s top 10 strongest banks and below their 0.9% median. Solid loan loss coverage provided additional protection against potential deterioration. Disciplined underwriting, prudent provisioning and proactive risk management, supported by conservative lending practices such as prudent mortgage loan-to-value ratios, contributed to credit resilience. Strong capital and stable funding support resilience CIBC maintained a common equity Tier 1 ratio of 13.3%, while its total capital adequacy ratio increased from 17.0% to 17.4%, above the North American median of 14.8%. Record earnings supported capital generation for balance-sheet growth and share buybacks. Customer deposits remained the primary source of funding, supplemented by diversified wholesale funding. The bank’s liquidity coverage ratio was 132%, and its net stable funding ratio was 116%. “We’ve always had a disciplined approach, we’re very focused on growth,” Anton said, adding that the bank seeks to support its clients across market conditions and economic cycles. About the programme TAB Global 1000 World’s Largest and Strongest Banks Rankings provide an annual assessment of the banking industry’s financial and business performance. The rankings were first introduced in 2002, covering the largest banks in Asia Pacific, and expanded to assess the region’s strongest banks in 2007. In 2023, they were extended globally to cover the world’s 1,000 largest and strongest banks. The World’s Strongest Banks ranking uses a detailed and transparent scorecard to evaluate banks and financial holding companies across seven dimensions of balance-sheet strength and financial performance. These are sovereign risk, scale, balance-sheet growth, risk profile, profitability, asset quality and liquidity, incorporating 15 financial and sovereign factors. Sovereign risk is a new dimension for 2026, recognising the impact of the sovereign environment on banks’ balance-sheet strength. About TAB Global TAB Global owns and manages digital content platforms including The Asian Banker, Wealth and Society and BankQuality.com, as well as learning platforms The Banking Academy and The Skill Store. Incorporated in Singapore, it has offices in Beijing and Dubai, with support offices in Kuala Lumpur and Manila, and plans to expand to Johannesburg, London, Zurich and New York. For further information on the programme, please contact Grace Zhi Tel: (65) 8874 3111 [email protected]
