CIBC realigns Canadian, US businesses into separate commercial banking and wealth management units
CM•CIBC combined its Canadian and U.S. businesses within separate Commercial Banking and Wealth Management units. The reporting changes had no impact on consolidated financial results.
1. Reporting realignment
CIBC realigned reporting into Commercial Banking and Wealth Management units, each combining its Canadian and U.S. businesses. Certain corporate costs and common equity related to capital deductions were allocated across all four strategic business units. Revised third-quarter 2026 information reflects the changes retrospectively, with fiscal 2025 and 2024 figures restated; consolidated financial results were unchanged.
