Canadian Imperial Bank of Commerce 2011 AR2
The report highlights CIBC's solid financial performance in 2011, reporting a net income of $3.1 billion and a return on equity of 21.3%. The company achieved significant progress across its core businesses, including Retail and Business Banking, Wealth Management, and Wholesale Banking. Key achievements include being named 'Best in Mobile Banking' globally by Global Finance magazine and completing the acquisition of a minority interest in American Century Investments. Additionally, CIBC demonstrated its commitment to corporate responsibility by investing over $35 million in community support and reducing energy consumption across Canadian operations by 7.8% since 2009.
Company: Canadian Imperial Bank of Commerce
Sector: Financials
Country: Canada
Year: 2011
Type: AR2
Pages: 242
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Canadian Imperial Bank of Commerce
Annual Report
The report highlights CIBC's solid financial performance in 2011, reporting a net income of $3.1 billion and a return on equity of 21.3%. The company achieved significant progress across its core businesses, including Retail and Business Banking, Wealth Management, and Wholesale Banking. Key achievements include being named 'Best in Mobile Banking' globally by Global Finance magazine and completing the acquisition of a minority interest in American Century Investments. Additionally, CIBC demonstrated its commitment to corporate responsibility by investing over $35 million in community support and reducing energy consumption across Canadian operations by 7.8% since 2009.
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Document Details
Report Year
2011
Reporting Period
Nov 1, 2010 - Oct 31, 2011
Fiscal Year
2011
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees