TORONTO, April 22, 2025 /CNW/ - CIBC has been recognized as one of Canada's Greenest Employers by MediaCorp Canada Inc. for the fourth consecutive year. This award highlights organizations that demonstrate leadership in reducing environmental impact, integrating responsible business practices, supporting clients in their transition to a low carbon economy, and engaging employees in environmental initiatives.
TORONTO, April 3, 2025 /CNW/ - CIBC (TSX: CM) (NYSE: CM) announced today that the nominees listed in its Management Proxy Circular dated February 12, 2025 were elected as Directors of CIBC.
Detailed results of the vote for the election of directors held earlier today at CIBC's Annual and Special Meeting of Shareholders are below.
On a vote by ballot, each of the following 13 nominees proposed by management was elected as a Director of CIBC:
TORONTO, April 1, 2025 /CNW/ - CIBC Global Asset Management is entering into a new strategic relationship with Longhouse Capital Partners Inc. ("Longhouse Capital Partners" or "Longhouse"), an Indigenous majority-owned and led alternative asset management firm. This relationship will provide CIBC Global Asset Management's institutional clients with the potential to expand their access to private markets through investments in Indigenous-managed alternative investment vehicles, including private infrastructure debt.
TORONTO, March 27, 2025 /CNW/ - CIBC (TSX: CM) (NYSE: CM) will hold its Annual and Special Meeting of Shareholders on Thursday, April 3, 2025 at 9:30 a.m. (EDT).
Members of the media may attend via live webcast at https://cibcvirtual.com/agm2025 (English and French) or by telephone.
English1 800 806-5484 or 416-340-2217Passcode: 7053922#
French1 800 898-3989 or 514 392-1587Passcode: 9040336#
TORONTO, March 26, 2025 /CNW/ - Today, CIBC launched its first annual CIBC Ambitions Index, an in-depth report exploring Canadians' current goals and ambitions – big or small – across all areas of life.
"At CIBC, we believe that understanding the ambitions of Canadians is essential to fulfilling our purpose of helping make ambitions real," said Stephen Forbes, Executive Vice-President, Purpose, Brand and Corporate Affairs, CIBC. "The CIBC Ambitions Index not only sheds light on the goals that matter most to Canadians across ages and geographies, but also reinforces our commitment to supporting them on their journeys towards achieving those ambitions."
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
The prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection with this offering will be accessible through SEDAR+ within two business days.
TORONTO, March 25, 2025 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced a domestic public offering of $1.25 billion 4.15% Debentures due April 2, 2035 (Non-Viability Contingent Capital (NVCC)) (subordinated indebtedness) (the "Debentures"). The Debentures will be issued in Canada and sold through a dealer syndicate led by CIBC Capital Markets.
TORONTO, March 25, 2025 /CNW/ - CIBC has reinforced its commitment to responsible AI by becoming the first major Canadian bank to sign the Government of Canada's Voluntary Code of Conduct on the Responsible Development and Management of Advanced Generative AI Systems. This initiative highlights CIBC's dedication to fostering ethical AI practices and promoting responsible innovation within the financial sector.
"At CIBC, we understand the significant impact that artificial intelligence can have on our industry and society," said Dave Gillespie, Executive Vice-President, Infrastructure, Architecture and Modernization, CIBC. "By adhering to this voluntary code of conduct, we are reinforcing our commitment to responsible AI development and deployment, ensuring that our AI systems are fair, transparent, and accountable."
TORONTO, March 24, 2025 /CNW/ - A new CIBC poll finds that amidst the volatility in inflation and higher costs of living, mortgage holders are taking proactive measures to mitigate financial strain, with the majority feeling confident in their ability to handle their mortgage payments and make their budgets work.
In fact, 64% of variable rate mortgage holders remain unaffected, reporting little to no impact on their standard of living, as do 59% of those expecting higher renewal rates.
In the news release, Media Advisory - CIBC's Hratch Panossian to Speak at National Bank Financial Services Conference, issued 19-Mar-2025 by CIBC over PR Newswire, we are advised by the company that the first paragraph has been modified. The complete, corrected release follows:
Media Advisory - CIBC's Hratch Panossian to Speak at National Bank Financial Services ConferenceTORONTO, March 21, 2025 /CNW/ - Hratch Panossian, Senior Executive Vice-President and Group Head, Personal and Business Banking, Canada, CIBC (TSX: CM) (NYSE: CM) will speak at the National Bank Financial Services Conference in Montreal on Tuesday March 25, 2025 at 10:30 a.m. ET.
TORONTO, March 19, 2025 /CNW/ - Hratch Panossian, Senior Executive Vice-President and Group Head, Personal and Business Banking, Canada, CIBC (TSX: CM) (NYSE: CM) will speak at the National Bank Financial Services Conference in Montreal on Tuesday March 25, 2025.
Interested parties may access the live audio webcast at https://www.cibc.com/ca/investor-relations/exctv-prsntatns-wbcsts.html. An archived version of the audio webcast will be available at the same location.
In the news release, Media Advisory - CIBC's Hratch Panossian to Speak at National Bank Financial Services Conference, issued 19-Mar-2025 by CIBC over PR Newswire, we are advised by the company that the second paragraph has been modified. The complete, corrected release follows:
Media Advisory - CIBC's Hratch Panossian to Speak at National Bank Financial Services ConferenceTORONTO, March 19, 2025 /CNW/ - Hratch Panossian, Senior Executive Vice-President and Group Head, Personal and Business Banking, Canada, CIBC (TSX: CM) (NYSE: CM) will speak at the National Bank Financial Services Conference in Montreal on Tuesday March 25, 2025.
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
The prospectus supplements, the corresponding base shelf prospectus and any amendment thereto in connection with these offerings will be accessible through SEDAR+ within two business days.
TORONTO, March 17, 2025 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced a domestic public offering of $450 million of 6.369% Limited Recourse Capital Notes Series 6 (Non-Viability Contingent Capital ("NVCC")) (Subordinated Indebtedness) (the "LRCNs") and a domestic public offering of $150 million Non-Cumulative 5-Year Fixed Rate Reset Class A Preferred Shares Series 61 (NVCC) (the "Series 61 Shares", and collectively with the LRCNs, the "Securities"). The Securities will be sold to certain institutional investors through a dealer syndicate led by CIBC Capital Markets.
TORONTO, March 13, 2025 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced that Victor Dodig plans to retire as President and Chief Executive Officer, effective October 31, 2025, and that Harry Culham has been appointed as Chief Operating Officer effective April 1, 2025 and will succeed Mr. Dodig as President and Chief Executive Officer, effective November 1, 2025. Mr. Dodig will serve as a special advisor to Mr. Culham and the Board from November 1, 2025 to April 30, 2026 to support a seamless transition.
TORONTO, March 13, 2025 /PRNewswire/ - CIBC (TSX: CM) (NYSE: CM) today announced that Victor Dodig plans to retire as President and Chief Executive Officer, effective October 31, 2025, and that Harry Culham has been appointed as Chief Operating Officer effective April 1, 2025 and will succeed Mr. Dodig as President and Chief Executive Officer, effective November 1, 2025. Mr. Dodig will serve as a special advisor to Mr. Culham and the Board from November 1, 2025 to April 30, 2026 to support a seamless transition.
TORONTO, March 12, 2025 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced that it is lowering its Canadian prime lending rate by 25 basis points from 5.20 per cent to 4.95 per cent, effective Thursday, March 13, 2025.
About CIBC
CIBC is a leading North American financial institution with 14 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world. Ongoing news releases and more information about CIBC can be found at https://www.cibc.com/en/about-cibc/media-centre.html.
TORONTO, March 10, 2025 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today released its annual environmental, social, and governance (ESG) disclosures that include the 2024 Sustainability Report and Public Accountability Statement, and the 2024 Climate Report. The disclosures provide a progress update on CIBC's ESG strategy and outline how the bank is helping to drive positive change toward a more sustainable future.
TORONTO, Mar. 4, 2025 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced that materials for its Annual and Special Meeting of Shareholders scheduled on Thursday, April 3, 2025 at 9:30 a.m. Eastern Daylight Time (EDT), are now available, including the 2025 Management Proxy Circular.
Annual and Special Meeting of Shareholders
Our 2025 Annual and Special Meeting of Shareholders will take place in-person and by live webcast. In-person attendance at the meeting is open to registered shareholders, beneficial shareholders and duly appointed proxyholders. Shareholders and proxyholders may also attend through the live webcast or call into our phone line to listen to the meeting (though voting is not available by phone).
TORONTO, Feb. 27, 2025 /CNW/ - CIBC (TSX: CM) (NYSE: CM) announced today that its Board of Directors declared a dividend of $0.97 per share on common shares for the quarter ending April 30, 2025 payable on April 28, 2025 to shareholders of record at the close of business on March 28, 2025.
Class A Preferred Shares
The Board of Directors also declared the following dividends per share:
TORONTO, Feb. 27, 2025 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced its financial results for the first quarter ended January 31, 2025.
Key highlights across our bank in the first quarter of 2025 included:
Achieved outstanding milestones with our highest ever net promoter scores in Canadian Personal Banking, Wood Gundy and Imperial Service, reflecting an exceptional level of client satisfaction.Launched CIBC's European Canadian Depositary Receipts (CDRs), a first for our growing CDR platform and a global first for the Canadian financial industry – allowing investors further access to global companies.Recognized with the Best Use of AI in Client Experience, World Series and North American award by ARCET Global, a U.K. based institute with worldwide reach.Named to the Dow Jones Sustainability North America Index for the 20th consecutive year for our responsible and sustainable business practices.Named a 2025 Catalyst Award winner in recognition of CIBC's ongoing commitment to advancing gender equity and inclusion at work.TORONTO, Feb. 26, 2025 /CNW/ - Robert Sedran, Senior Executive Vice-President and Chief Financial Officer, CIBC (TSX: CM) (NYSE: CM) will speak at the RBC Capital Markets 2025 Global Financial Institutions Conference on Wednesday March 5, 2025. Mr. Sedran is scheduled to address the conference at 1:20 p.m. ET.
Interested parties may access the live audio webcast at https://www.cibc.com/ca/investor-relations/exctv-prsntatns-wbcsts.html. An archived version of the audio webcast will be available at the same location.
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