Ten-year statistical review
Condensed consolidated statement of income
Unaudited,
$ millions, for the year ended October 31
2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Net interest income $ 12,641 $ 11,459 $ 11,044 $ 10,551 $ 10,065 $ 8,977 $ 8,366 $ 7,915 $ 7,459 $ 7,453
Non-interest income 9,192 8,556 7,697 8,060 7,769 7,303 6,669 5,941 5,904 5,252
Total revenue 21,833 20,015 18,741 18,611 17,834 16,280 15,035 13,856 13,363 12,705
Provision for credit losses 1,057 158 2,489 1,286 870 829 1,051 771 937 1,121
Non-interest expenses 12,803 11,535 11,362 10,856 10,258 9,571 8,971 8,861 8,512 7,608
Income before income taxes 7,973 8,322 4,890 6,469 6,706 5,880 5,013 4,224 3,914 3,976
Income taxes 1,730 1,876 1,098 1,348 1,422 1,162 718 634 699 626
Net income $ 6,243 $ 6,446 $ 3,792 $ 5,121 $ 5,284 $ 4,718 $ 4,295 $ 3,590 $ 3,215 $ 3,350
Net income (loss) attributable to
non-controlling interests $ 23 $ 17 $ 2 $ 25 $ 17 $ 19 $ 20 $ 14 $ (3) $ (2)
Preferred shareholders and other
equity instrument holders 171 158 122 111 89 52 38 45 87 99
Common shareholders 6,049 6,271 3,668 4,985 5,178 4,647 4,237 3,531 3,131 3,253
Net income attributable
to equity shareholders $ 6,220 $ 6,429 $ 3,790 $ 5,096 $ 5,267 $ 4,699 $ 4,275 $ 3,576 $ 3,218 $ 3,352
196 CIBC 2022 ANNUAL REPORT
Condensed consolidated balance sheet
Unaudited, $ millions, as at October 31 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Assets
Cash and deposits with banks $ 63,861 $ 56,997 $ 62,518 $ 17,359 $ 17,691 $ 14,152 $ 14,165 $ 18,637 $ 13,547 $ 6,379
Securities 175,879 161,401 149,046 121,310 101,664 93,419 87,423 74,982 59,542 71,984
Securities borrowed or purchased
under resale agreements 84,539 79,940 74,142 59,775 48,938 45,418 33,810 33,334 36,796 28,728
Loans
Residential mortgages 269,706 251,526 221,165 208,652 207,749 207,271 187,298 169,258 157,526 150,938
Personal and credit card 61,908 53,031 53,611 56,406 55,731 53,315 50,373 48,321 47,087 49,213
Business and government 188,542 150,213 135,546 125,798 109,555 97,766 71,437 65,276 56,075 48,207
Allowance for credit losses (3,073) (2,849) (3,540) (1,915) (1,639) (1,618) (1,691) (1,670) (1,660) (1,698)
Derivative instruments 43,035 35,912 32,730 23,895 21,431 24,342 27,762 26,342 20,680 19,947
Customers’ liability under
acceptances 11,574 10,958 9,606 9,167 10,265 8,824 12,364 9,796 9,212 9,720
Other assets 47,626 40,554 34,727 31,157 25,714 22,375 18,416 19,033 16,098 14,588
$ 943,597 $ 837,683 $ 769,551 $ 651,604 $ 597,099 $ 565,264 $ 501,357 $ 463,309 $ 414,903 $ 398,006
Liabilities and equity
Deposits
Personal $ 232,095 $ 213,932 $ 202,152 $ 178,091 $ 163,879 $ 159,327 $ 148,081 $ 137,378 $ 130,085 $ 125,034
Business and government 397,188 344,388 311,426 257,502 240,149 225,622 190,240 178,850 148,793 134,736
Bank 22,523 20,246 17,011 11,224 14,380 13,789 17,842 10,785 7,732 5,592
Secured borrowings 45,766 42,592 40,151 38,895 42,607 40,968 39,484 39,644 38,783 49,802
Derivative instruments 52,340 32,101 30,508 25,113 20,973 23,271 28,807 29,057 21,841 19,724
Acceptances 11,586 10,961 9,649 9,188 10,296 8,828 12,395 9,796 9,212 9,721
Obligations related to securities
lent or sold short or under
repurchase agreements 97,308 97,133 89,440 69,258 47,353 43,708 24,550 20,149 23,764 20,313
Other liabilities 28,117 24,961 22,167 19,069 18,266 15,305 12,919 12,223 10,932 10,862
Subordinated indebtedness 6,292 5,539 5,712 4,684 4,080 3,209 3,366 3,874 4,978 4,228
Non-controlling interests 201 182 181 186 173 202 201 193 164 175
Shareholders’ equity 50,181 45,648 41,154 38,394 34,943 31,035 23,472 21,360 18,619 17,819
$ 943,597 $ 837,683 $ 769,551 $ 651,604 $ 597,099 $ 565,264 $ 501,357 $ 463,309 $ 414,903 $ 398,006