Canadian Imperial Bank of Commerce

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.[6] 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.[6][8] It is one of two "Big Five" banks founded in Toronto, the other being the Toronto-Dominion Bank.

Canadian Imperial Bank of Commerce
Company typePublic
Headquarters,
Key people
Products
BrandsCIBC Bank USA
Simplii Financial
AUMIncrease CA$430.98 billion (2025)[3]
Total equityIncrease CA$64.4 billion (2025)[3]
Subsidiaries
  • CIBC Bank USA
  • CIBC Investments (Cayman) Limited[2]
  • CIBC Cayman Holdings Limited[2]
  • CIBC Trust Corporation[2]
  • CIBC World Markets plc[2]
  • CIBC Asset Management Inc.[2]
Websitecibc.com

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.[2] 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.[9]

Canadian Imperial Bank Of Commerce Media

References

  1. https://www.cibc.com/en/about-cibc/corporate-profile/executive-team/harry-culham.html
  2. 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2020 Annual Report.
  3. 3.0 3.1 3.2 3.3 3.4 3.5 Annual Report 2025 (2025-12-03)Canadian Imperial Bank of Commerce. Retrieved 2026-02-05.
  4. A New Bank, 1961–1986. The Story of CIBCCanadian Imperial Bank of Commerce. Retrieved August 31, 2017.
  5. Canadian Imperial Bank of Commerce (CIBC) (CM). Markets InsiderBusiness Insider. Retrieved September 2, 2017.
  6. 6.0 6.1 6.2 Bonham, Mark S.. Canadian Imperial Bank of Commerce (CIBC). The Canadian Encyclopedia. Retrieved August 19, 2019.
  7. A Short History of CIBCCIBC. Retrieved 17 May 2017.
  8. CIBC HistoryCanadian Imperial Bank of Commerce.
  9. "Forbes Global 2000 List, 2013 edition". Forbes. 17 April 2013. https://www.forbes.com/global2000#page:1_sort:0_direction:asc_search:_filter:All%20industries_filter:Canada_filter:All%20states. Retrieved 2013-11-21. 
  1. 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.