About Canadian Imperial Bank of Commerce
Canadian Imperial Bank of Commerce is a company based in Toronto (Canada) founded in 1867.. The company has 48,520 employees as of October 31, 2024. Canadian Imperial Bank of Commerce has completed 4 acquisitions, including Aeroplan, PC Financial and The PrivateBank. Canadian Imperial Bank of Commerce offers products and services including Bank Accounts, Credit Cards, Mortgages, and Investments. Canadian Imperial Bank of Commerce operates in a competitive market with competitors including Investec, BMO, Scotiabank, Bank of America and Equitable Bank, among others.
- Headquarter Toronto, Canada
- Employees 48520 as on 31 Oct, 2024
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Canadian Imperial Bank Of Commerce
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Annual Revenue
$44.22 B (USD)15.4as on Oct 31, 2024
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Net Profit
$4.95 B (USD)42.4as on Oct 31, 2024
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EBITDA
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Latest Funding Round
$697.35 K (USD), Debt – Conventional
Jan 06, 2025
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Investors
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Employee Count
48520
as on Oct 31, 2024
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Investments & Acquisitions
Aeroplan
& 3 more
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IPO & Listings of Canadian Imperial Bank of Commerce
Canadian Imperial Bank of Commerce is a publicly listed company on the TSX with ticker symbol CM in Canada, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Canadian Imperial Bank of Commerce
Canadian Imperial Bank of Commerce offers a comprehensive portfolio of products and services, including Bank Accounts, Credit Cards, Mortgages, and Investments. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers chequing and savings for everyday transactions.
Provides rewards and cash back options for purchases.
Facilitates home loans with competitive rates.
Includes mutual funds and retirement accounts for growth.
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Leadership Team
235 people
Software Development Team
222 people
Senior Team
79 people
Data Analysis and Operations Team
36 people
Product Management Team
28 people
Finance and Accounting
27 people
Sales and Marketing
26 people
Human Resources and Administration
26 people
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Funding Insights of Canadian Imperial Bank of Commerce
- Total Funding Total Funding
- Total Rounds 11
- Last Round Debt – Conventional — $697,350
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First Round
First Round
(01 Oct 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2025 | Amount | Debt – Conventional - Canadian Imperial Bank of Commerce | Valuation |
investors |
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| Dec, 2024 | Amount | Debt – Conventional - Canadian Imperial Bank of Commerce | Valuation |
investors |
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| Dec, 2024 | Amount | Debt – Conventional - Canadian Imperial Bank of Commerce | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Canadian Imperial Bank of Commerce
Canadian Imperial Bank of Commerce has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Aeroplan, PC Financial and The PrivateBank. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Tech-focused Venture debt provider investing primarily in the US and Canada
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2000 | ||||
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Digital banking and financial services are provided in Canada.
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1996 | ||||
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Provider of cooperative bank
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1991 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Canadian Imperial Bank of Commerce
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Canadian Imperial Bank Of Commerce Comparisons
Competitors of Canadian Imperial Bank of Commerce
Canadian Imperial Bank of Commerce operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Investec, BMO, Scotiabank, Bank of America and Equitable Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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| domain | founded_year | HQ Location |
BMO is recognized as a leading financial services provider in Canada.
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| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial banking and asset management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial banking services are provided throughout Canada.
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| domain | founded_year | HQ Location |
Commercial bank
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Canadian Imperial Bank Of Commerce
Frequently Asked Questions about Canadian Imperial Bank of Commerce
When was Canadian Imperial Bank of Commerce founded?
Canadian Imperial Bank of Commerce was founded in 1867 and raised its 1st funding round 145 years after it was founded.
Where is Canadian Imperial Bank of Commerce located?
Canadian Imperial Bank of Commerce is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
How many employees does Canadian Imperial Bank of Commerce have?
As of Oct 31, 2024, the latest employee count at Canadian Imperial Bank of Commerce is 48,520.
What is the annual revenue of Canadian Imperial Bank of Commerce?
Annual revenue of Canadian Imperial Bank of Commerce is $44.22B as on Oct 31, 2024.
What does Canadian Imperial Bank of Commerce do?
Founded in 1867 and headquartered in Toronto, Canada, Canadian Imperial Bank of Commerce operates as a commercial bank. Retail banking, business banking, wealth management, insurance, investment banking, and capital markets are offered to individual, commercial, and corporate clients. Operations focus on financial solutions across Canada and select international markets, with annual revenues reaching 28.83 billion in 2022.
Who are the top competitors of Canadian Imperial Bank of Commerce?
Canadian Imperial Bank of Commerce's top competitors include Investec, Scotiabank and Bank of America.
What products or services does Canadian Imperial Bank of Commerce offer?
Canadian Imperial Bank of Commerce offers Bank Accounts, Credit Cards, Mortgages, and Investments.
Is Canadian Imperial Bank of Commerce publicly traded?
Yes, Canadian Imperial Bank of Commerce is publicly traded on TSX under the ticker symbol CM.
How many acquisitions has Canadian Imperial Bank of Commerce made?
Canadian Imperial Bank of Commerce has made 4 acquisitions, including Aeroplan, PC Financial, and The PrivateBank.
What is Canadian Imperial Bank of Commerce's ticker symbol?
The ticker symbol of Canadian Imperial Bank of Commerce is CM on TSX.
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