CIBC

A worldwide banking and financial services company, Canadian Imperial Bank of Commerce is based in Toronto, Ontario's Financial District, at CIBC Square. The largest merger of licensed banks in Canadian history took place in 1961 when the Canadian Bank of Commerce (established in 1867) and the Imperial Bank of Canada (founded in 1873) merged to form the Canadian Imperial Bank of Commerce. One of two "Big Five" banks—the other being Toronto-Dominion Bank—that were formed in Toronto.

The bank is divided into four strategic business units: Capital Markets, U.S. Commercial Banking and Wealth Management, Canadian Personal and Business Banking, and Canadian Commercial Banking and Wealth Management.

CIBC's market capitalization as of April 2023 is $39.33 billion. By market cap, this places CIBC as the 444th most valuable corporation in the world. The most recent financial reports from CIBC indicate that the company's current revenue (TTM) is $16.87 billion. The company generated $16.74 billion in revenue in 2022, an increase from $15.99 billion in revenue in 2021.

Founded: June 1, 1961
Headquarters: Toronto, Ontario, Canada
Website: cibc.com