Canadian Imperial Bank of Commerce (NYSE: CM), commonly known as CIBC, is a major Canadian financial institution headquartered in Toronto. Formed in 1961 through the merger of the Canadian Bank of Commerce and the Imperial Bank of Canada, CIBC is one of Canada’s largest banks and provides a broad range of banking and financial services to retail, small business, commercial and institutional clients.
CIBC’s activities span personal and business banking, wealth management, capital markets and corporate banking. Its retail offerings include deposit accounts, mortgages, personal and business lending, credit cards and digital banking platforms. In wealth management and advisory services, the bank offers private banking, investment management and brokerage services under well-known brands. On the wholesale side, CIBC provides capital markets services such as corporate finance, equity and debt underwriting, sales and trading, and research to institutional clients.
The bank primarily serves clients in Canada but also maintains operations and client relationships in the United States, the Caribbean and select international markets through its commercial and wholesale banking networks. CIBC is governed by a board of directors and an executive leadership team and emphasizes client service, digital innovation and risk management as part of its strategic priorities. Historical roots dating back to the 19th century underpin its long-standing role in Canadian banking.