Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce
	File:CIBC logo 2021.svg
	Headquarters at CIBC Square
Company type	Public
Traded as	TSX: CM; NYSE: CM; S&P/TSX 60 component;
Industry	Financial services
Predecessors	Canadian Bank of Commerce; Imperial Bank of Canada;
Founded	June 1, 1961; 65 years ago
Headquarters	Toronto, Ontario, Canada
Key people	Harry Culham (president and CEO); Katharine Stevenson (chair of the board);
Products	Asset management; Banking; Commodities; Credit cards; Equities trading; Insurance; Investment management; Mortgage loans; Mutual funds; Exchange-traded funds; Index funds; Private equity; Risk management; Wealth management;
Brands	CIBC Bank USA; Simplii Financial
Revenue	CA$29.13 billion (2025)
Net income	CA$8.45 billion (2025)
AUM	CA$430.98 billion (2025)
Total assets	CA$1.12 trillion (2025)
Total equity	CA$64.4 billion (2025)
Number of employees	49,824 (2025)
Website	cibc.com

The Canadian Imperial Bank of Commerce (CIBC; French: Banque canadienne impériale de commerce) is a Canadian multinational banking and financial services corporation headquartered at CIBC Square in Toronto's Financial District. The Canadian Imperial Bank of Commerce was formed through the 1961 merger of the Canadian Bank of Commerce (founded in 1867) and the Imperial Bank of Canada (founded in 1873), in the largest merger between chartered banks in Canadian history. It is one of two "Big Five" banks founded in Toronto, the other being the Toronto-Dominion Bank.

The bank has 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. It has international operations in the United States, the Caribbean, Asia, and United Kingdom. CIBC serves more than eleven million clients globally, and employs over 40,000 people. The company ranks at number 172 on the Forbes Global 2000 listing.

References

↑ "A New Bank, 1961–1986". The Story of CIBC. Canadian Imperial Bank of Commerce. Archived from the original on February 9, 2005. Retrieved August 31, 2017. On June 1, 1961, the Canadian Imperial Bank of Commerce was formed through the merger of The Canadian Bank of Commerce and the Imperial Bank of Canada.
↑ "Canadian Imperial Bank of Commerce (CIBC) (CM)". Markets Insider. Business Insider. Archived from the original on September 2, 2017. Retrieved September 2, 2017. Canadian Imperial Bank of Commerce was founded on June 1, 1961 and is headquartered in Toronto, Canada.
1 2 3 Bonham, Mark S. "Canadian Imperial Bank of Commerce (CIBC)". The Canadian Encyclopedia. Archived from the original on August 17, 2019. Retrieved August 19, 2019. It was created through the 1961 merger of two Ontario-based banks, the Canadian Bank of Commerce and the Imperial Bank of Canada, the largest merger of two chartered banks in Canada's history.
↑ "A Short History of CIBC" (PDF). CIBC. Archived (PDF) from the original on 8 August 2017. Retrieved 17 May 2017.
↑ https://www.cibc.com/en/about-cibc/corporate-profile/executive-team/harry-culham.html
1 2 "2020 Annual Report" (PDF).
1 2 3 4 5 6 "Annual Report 2025" (PDF). Canadian Imperial Bank of Commerce. 2025-12-03. Retrieved 2026-02-05.
↑ "CIBC History". Canadian Imperial Bank of Commerce. Archived from the original on February 6, 2005.
↑ "Forbes Global 2000 List, 2013 edition". Forbes. 17 April 2013. Archived from the original on 2 May 2013. Retrieved 2013-11-21.

↑ The Canadian Imperial Bank of Commerce was established on June 1, 1961, through the merger of the Canadian Bank of Commerce and the Imperial Bank of Canada; the former was established in 1867 and the latter in 1873.

[A_new_bank-1] "A New Bank, 1961–1986". The Story of CIBC. Canadian Imperial Bank of Commerce. Archived from the original on February 9, 2005. Retrieved August 31, 2017. On June 1, 1961, the Canadian Imperial Bank of Commerce was formed through the merger of The Canadian Bank of Commerce and the Imperial Bank of Canada.

[2] "Canadian Imperial Bank of Commerce (CIBC) (CM)". Markets Insider. Business Insider. Archived from the original on September 2, 2017. Retrieved September 2, 2017. Canadian Imperial Bank of Commerce was founded on June 1, 1961 and is headquartered in Toronto, Canada.

[Canadian_encyclopedia-3] 1 2 3 Bonham, Mark S. "Canadian Imperial Bank of Commerce (CIBC)". The Canadian Encyclopedia. Archived from the original on August 17, 2019. Retrieved August 19, 2019. It was created through the 1961 merger of two Ontario-based banks, the Canadian Bank of Commerce and the Imperial Bank of Canada, the largest merger of two chartered banks in Canada's history.

[chronology-4] "A Short History of CIBC" (PDF). CIBC. Archived (PDF) from the original on 8 August 2017. Retrieved 17 May 2017.

[6] ttps://www.cibc.com/en/about-cibc/corporate-profile/executive-team/harry-culham.html

[results-7] 1 2 "2020 Annual Report" (PDF).

[Financials-8] 1 2 3 4 5 6 "Annual Report 2025" (PDF). Canadian Imperial Bank of Commerce. 2025-12-03. Retrieved 2026-02-05.

[9] "CIBC History". Canadian Imperial Bank of Commerce. Archived from the original on February 6, 2005.

[forbes-10] "Forbes Global 2000 List, 2013 edition". Forbes. 17 April 2013. Archived from the original on 2 May 2013. Retrieved 2013-11-21.

[5] The Canadian Imperial Bank of Commerce was established on June 1, 1961, through the merger of the Canadian Bank of Commerce and the Imperial Bank of Canada; the former was established in 1867 and the latter in 1873.