Canadian Imperial Bank of Commerce (NYSE:CM)
$ 64.33 -0.31 (-0.48%) Market Cap: 60.45 Bil Enterprise Value: 168.49 Bil PE Ratio: 12.70 PB Ratio: 1.60 GF Score: 77/100

Canadian Imperial Bank of Commerce at CIBC Eastern Institutional Investor Conference Transcript

Sep 25, 2019 / 12:00PM GMT
Release Date Price: $41.71 (+0.75%)
Unidentified Analyst

Okay. Well, good morning, everyone. Our Eastern Institutional Investor Conference has reached the age of majority, at least here in Québec. This is #18, and on behalf of the entire CIBC family, I'm delighted to welcome you all here today.

There are 3 rooms over 2 days and lots of great conversations going to happen. This room, for pretty much the entirety of the 2 days, is dedicated to the financial services sleeve. And we begin, as we always do, with the home team, CIBC and its Chief Executive, Victor Dodig.

Victor, you've been President and CEO for 5 years now.

Victor G. Dodig
Canadian Imperial Bank of Commerce - President, CEO & Director

Right.

Unidentified Analyst

And almost exactly 5 years, in fact. And I'd like to start with the -- perhaps one of the most, probably the most consequential thing that's happened over those 5 years, which is the U.S. opportunity and how it's developing.

And I'd like to start more on the organic side if I can. Because I'm not sure -- and

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