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CIBC's Competitors, Revenue, Number of Employees, Funding and Acquisitions

CIBC offers banking services such as bank accounts, mortgages, loans, insurance, investments and financial advice.

CIBC i... Read more

Annual Revenue

Employees

Victor Dodig's photo - President & CEO of CIBC

President & CEO

Victor Dodig

CEO Approval Rating

71/100

OVERVIEW

Founded:

1867

Headquarters:

Toronto, Ontario

Status:

PublicTMX Group - Toronto Stock ExchangeCM

Industry Sector:

Banks

SIC Code:

6199NAICS listing »

Top Competitors or Alternatives

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Competitor - 1/1

Is BMO Harris Bank a competitor of CIBC?

I don't know

Trending News for CIBC and CIBC's Competitors

June 4, 2020

PE Hub Network

CIBC provides credit facility to Vbrick Systems

CIBC Innovation Banking, the technology lending arm of Canadian bank CIBC, has provided a US$6 millio... See more »

June 4, 2020

Seeking Alpha

Laurentian Bank: Cautious After Q2 2020

See more »

June 4, 2020

FinTech InShorts

Scotiabank: Simplifies Digital Banking with a New Resource for Seniors Bank Your Way -

Scotiabank: Simplifies Digital Banking with a New Resource for Seniors Bank Your Way... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

RBC is CIBC's #1 competitor. RBC is a Public company that was founded in 1869 in Toronto, Ontario. RBC is in the Banks industry. Compared to CIBC, RBC has 39,843 more employees.

TD Bank is seen as one of CIBC's biggest rivals. TD Bank was founded in Toronto, Ontario} in 1855. TD Bank is in the Banks field. Compared to CIBC, TD Bank generates $16.7B more revenue.

Scotiabank is one of CIBC's top competitors. Scotiabank is headquartered in Toronto, Ontario, and was founded in 1832. Scotiabank competes in the Banks industry. Scotiabank generates 179% the revenue of CIBC.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Victor Dodig

President & CEO

- -
45,157
$0
$14.5B
1

David I. McKay

President & CEO

80/100
80,000
- -
$36B
2

Bharat Masrani

President & CEO

81/100
81,233
- -
$31.3B
3

Brian J. Porter

President & CEO

84/100
88,804
- -
$26B
4

Darryl White

CEO

65/100
21,741
$67.2M
$17.7B
5

Louis Vachon

President & CEO

68/100
26,589
- -
$5.9B
6

William Downe

President & CEO

67/100
883
- -
$95M
7

François Desjardins

President & CEO

64/100
88,900
- -
$11.9B
8

Guy Cormier

President & CEO

61/100
47,655
$45M
$17.3B
9

Chris Fowler

President & CEO

64/100
2,100
- -
$640.1M
10

Sandra Stuart

President & CEO

68/100
365
- -
$53.5M
The top 10 competitors in CIBC's competitive set are RBC, TD Bank, Scotiabank, BMO, National Bank of Canada, BMO Harris Bank, Laurentian Bank, Desjardins, Canadian Western Bank and HSBC Bank Canada. Together they have raised over 112.2M between their estimated 378.9K employees. CIBC has 45,157 employees and is ranked 6th among it's top 10 competitors. The top 10 competitors average 43,947.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$14.5B

CIBC's revenue is the ranked 6th among it's top 10 competitors. The top 10 competitors average 14.7B. Over the last four quarters, CIBC's revenue has grown by 30%. Specifically, in Q1 2020's revenue was $4.9B; in Q4 2019, it was $2B; in Q3 2019, it was $3.9B; in Q2 2019, CIBC's revenue was $3.7B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Cleary Gull, Inc.

Jul 2019

Source »
undisclosed
Cleary Gull provides mergers, acquisitions, private capital placement and debt advisory services.

-

-

Jan 2018

Source »
undisclosed
-
Geneva Advisors

Jul 2017

Source »
$135M
Geneva Advisors is a wealth management company that offers equity and fixed income strategies, investment management and financial advisory solutions.
Privatebancorp, Inc

Jun 2016

Source »
$3.8B
The PrivateBank provides retail and commercial banking products that includes deposit accounts, consumer lending and financial advisory services.

These are all the companies that CIBC has acquired. CIBC has acquired 4 companies and its latest acquisition was Cleary Gull, Inc. in Jul 2019. Cleary Gull provides mergers, acquisitions, private capital placement and debt advisory services.

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

VBrick is a provider of corporate communications, human resource training and video content management solutions for organizations.
$6M
Jun 03, 2020
Debt
-
Valens is a medical cannabis company that produces and sells marijuana strains, edibles, capsules, vaporizers and oil extracts.
$29M
May 31, 2020
Debt
Oct 15, 2018
Sensibill is an online platform that offers digital receipt management and SKU-level data solutions for businesses.
$5M
May 19, 2020
Growth
-
Pulmonx designs, manufactures and markets invasive medical devices for diagnosis and treatment of pulmonary disorders.
$17M
May 04, 2020
Debt
-
Merit Functional manufactures and sells plant protein and ingredients for the food and beverage industry.
$85M
May 03, 2020
Debt
-

These are all the companies that CIBC has invested in. CIBC has invested 4 companies and its latest investment was Cleary Gull, Inc. in Jul 2019. Cleary Gull provides mergers, acquisitions, private capital placement and debt advisory services.

CIBC News

May 28, 2020Timmins Today

CIBC reports $392-million Q2 profit, down from $1.35 billion a year ago

TORONTO - CIBC saw its second-quarter profit fall by nearly $1 billion compared with a year ago as it... See more »
May 28, 2020Reuters

UPDATE 1-Canada's CIBC lost $64 million in a day on paper in gold market turmoil

Canadian Imperial Bank of Commerce (CIBC) took a mark-to-market trading loss of C$88.2 million ($64 m... See more »
May 28, 2020Timmins Today

TD, CIBC report spike in provisions for credit losses, drops in profit during Q2

TORONTO - TD Bank Group and the Canadian Imperial Bank of Commerce have fallen in line with the rest ... See more »
May 27, 2020CBC News

CIBC profit falls 70% as bank sets aside 5 times more money to cover bad loans

Canadian Imperial Bank of Commerce (CIBC) reported a 70 per cent slump in quarterly profit on Thursda... See more »
May 25, 2020FinTech Global

Sensibill picks up $5m in debt financing

Having been forced to sack several employees because of COVID-19, Sensibill has raised $5m in debt fi... See more »
May 21, 2020Benzinga

New Commerce Split Monthly Dividend Declared for Class I Preferred Shares

TORONTO, May 22, 2020 (GLOBE NEWSWIRE) -- New Commerce Split (The "Company") declares its regular mon... See more »
May 20, 2020Strategy Online

CIBC uses Aventura to give healthcare workers a break

Even though most consumers aren't currently thinking about travel, the bank puts its rewards program ... See more »

CIBC Press Releases

March 23, 2020PR Newswire

CIBC announces immediate measures to support our US clients impacted by COVID-19 financial hardship

/PRNewswire/ - CIBC (TSX: CM) (NYSE: CM) today announced immediate measures to help ease financial ha... See more »
March 19, 2020centralcharts

CIBC announces proactive, precautionary measures to help slow the spread of COVID-19 and support our clients and communities

CIBC announces proactive, precautionary measures to help slow the spread of COVID-19 and support our ... See more »
December 13, 2019StreetInsider

CIBC announces changes to the CIBC Atlas Clean Energy Index

DENVER, Dec. 13, 2019 /PRNewswire/ -Â CIBC (NYSE: CM) (TSX: CM) today announced that the index rebala... See more »
December 9, 2019PR Newswire

CIBC's Agility Savings Account Named a Best of 2020 by GOBankingRates.com

CHICAGO, Dec. 9, 2019 /PRNewswire/ - CIBC Agility Savings, the online-only high interest savings acco... See more »
October 31, 2019centralcharts

CIBC Volunteers Take Financial Literacy to Chicago Schools

CIBC Volunteers Take Financial Literacy to Chicago Schools PR Newswire CHICAGO, Oct. 31, 2019 CHICAGO... See more »
September 27, 2019StreetInsider

City Leaders Join CIBC for Little Village Ribbon Cutting

CHICAGO, Sept. 27, 2019 /PRNewswire/ -Â CIBC marked the grand opening of its newest banking center in... See more »
September 20, 2019StreetInsider

CIBC announces no changes to the CIBC Atlas Clean Energy Index

DENVER, Sept. 20, 2019 /PRNewswire/ -Â CIBC (NYSE: CM) (TSX: CM) today announced there will be no con... See more »

CIBC Videos

May 20, 2020CIBC Youtube Channel

"CIBC Rpit pour nos hros | L'histoire de Gabriel (:30)" on YOUTUBE

See more »
May 13, 2020CIBC Youtube Channel

"CIBC Holidays For Heroes | Christiana's Story (:30)" on YOUTUBE

See more »
May 13, 2020CIBC Youtube Channel

"CIBC Rpit pour nos hros | L'histoire de Christiana(:06)" on YOUTUBE

See more »
April 24, 2020CIBC Youtube Channel

"CIBC Global Money Transfer - Do It Online - 6 secs" on YOUTUBE

See more »
April 17, 2020CIBC Youtube Channel

"A Shock to the System - Perspectives: April 2020" on YOUTUBE

See more »
April 17, 2020CIBC Youtube Channel

"Un choc pour le systme - Perspectives : avril 2020" on YOUTUBE

See more »
April 16, 2020CIBC Youtube Channel

"Individuals: Overview of COVID-19 Financial Relief Measures" on YOUTUBE

See more »

Social Statistics

Headquarters

199 Bay Street Commerce Court West, B-2, Securities Level

Toronto, OntarioM5L 1A2

416-980-2211

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

CIBC offers banking services such as bank accounts, mortgages, loans, insurance, investments and financial advice. CIBC was founded in 1867. CIBC's headquarters is located in Toronto, Ontario, CA M5L 1A2. CIBC's President & CEO, Victor Dodig, current...

CEO

CIBC's President & CEO, Victor Dodig, currently has an approval rating of 71%. CIBC's primary competitors are RBC, TD Bank & Scotiabank.

Website

cibc.com

Frequently Asked Questions about CIBC

  1. When was CIBC founded?

    CIBC was founded in 1867

  2. Who is CIBC's CEO?

    CIBC's CEO is Victor Dodig

  3. How much revenue does CIBC generate?

    CIBC generates $14.5B in revenue

  4. How much funding does CIBC have?

    CIBC has historically raised $0 in funding

  5. Where is CIBC's headquarters?

    CIBC's headquarters is in Toronto Ontario, CA

  1. How many employees does CIBC have?

    CIBC has 45,157 employees

  2. What sector does CIBC operate in?

    CIBC is in Banks

  3. Who are CIBC's competitors?

    CIBC's top competitors are RBC, TD Bank, Scotiabank

  4. Who has CIBC invested in?

    CIBC's has invested in companies such as Vbrick, Valens, Sensibill
Stay up-to-date with the latest news on CIBC