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Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce

Parent Company: Canadian Imperial Bank of Commerce

Brand Value: $4,948 million

Headquarter City: Toronto

Industry: Banks

Year Formed: 1867

CIBC was formed via the largest banking merger in Canadian history, when the Canadian Bank of Commerce and the Imperial Bank of Canada joined forces in 1961. CIBC operates four business units: Canadian personal and small business banking, Canadian commercial banking and wealth management, U.S. commercial banking and wealth management, and capital markets. CIBC and its 45,000 employees offer a full range of financial products and services to 10 million customers. The bank hit record performance in 2018 with net income hitting $5.3 billion.

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