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Home > Company Index > Banking > Banking - Canada > Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce
NYSE: BCM
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 NEWS FROM THE STANDARD
Usher, Can We Get Our Money Back?
Jul 13 2000 12:00 AM PDT

 PROFILE
Canadian Imperial Bank of Commerce (CIBC) is Canada's #2 bank, behind Royal Bank of Canada. Its more than 1,200 branches offer a range of consumer and small-to-midsized business banking services, including deposit accounts, investment products and services, mortgages and other loans. The company's CIBC World Markets underwrites securities, advises on mergers and acquisitions, and provides debt-, equity-, and foreign exchange trading services. Frustrated by the lack of significant financial reform in Canada, Canadian Imperial has targeted the US to grow its retail banking while it focuses on small businesses at home.

 COMPETITION
Bank of Montreal (BMO)
Royal Bank of Canada (RY)
The Bank of Nova Scotia (BKNSF)

 DEALS
Deal: Tonic Software Raises $1.5 Million
Date Announced: 06.06.00
Value of transaction (US $Mil): 1.5
Description: Performance-management firm raises funding from private investor.

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: October
2000 Sales (mil.): 15,184.00
1-Yr. Sales Growth: 11.0%
Employees: 44,215
Revenue per employee: $343,412.87

 KEY PEOPLE
• John S. Hunkin
    CEO
• Tom Woods
    CFO

 CONTACT INFO
Commerce Court
Toronto Ontario M5L 1A2, Canada
Phone: 1-416-980-2211
Fax: 1-416-980-5026
Online: Web Site

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