Canadian Imperial Bank of Commerce (CM) Q4 2024 Earnings Call Transcript

Canadian Imperial Bank of Commerce (NYSE:CM) Q4 2024 Results Conference Call December 5, 2024 7:30 AM ET

Company Participants

Geoff Weiss – Senior Vice President, Investor Relations
Victor Dodig – President and Chief Executive Officer
Rob Sedran – Chief Financial Officer
Frank Guse – Chief Risk Officer
Shawn Beber – Senior EVP & Group Head of US Region
Harry Culham – Capital Markets, Global Asset Management and Enterprise Strategy
Hratch Panossian – Personal and Business Banking, Canada
Susan Rimmer – Commercial Banking and Wealth Management

Conference Call Participants

Matthew Lee – Canaccord Genuity
Ebrahim Poonawala – Bank of America
Doug Young – Desjardins Capital Markets
Sohrab Movahedi – BMO Capital Markets
Meny Grauman – Scotiabank
Lemar Persaud – Cormark
Gabriel Dechaine – National Bank Financial

Operator

Good morning, and welcome to the CIBC Quarterly Financial Results Call. Please be advised that this call is being recorded.

I would now like to turn the meeting over to Geoff Weiss, Senior Vice President, Investor Relations. Please go ahead, Geoff.

Geoff Weiss

Thank you, and good morning. We will begin this morning’s presentation with opening remarks from Victor Dodig, our President and Chief Executive Officer; followed by Rob Sedran, our Chief Financial Officer; and Frank Goose, our Chief Risk Officer. Also on the call today are a number of our group heads, including Shawn Beber from the U.S. region; Harry Culham from Capital Markets, Global Asset Management and Enterprise strategy; Hratch Panossian from Personal and Business Banking, Canada; and Susan Rimmer, Commercial Banking and Wealth Management. They are all available to take questions following the prepared remarks. Given we have a hard stop at 8:30, please limit your questions to one during the Q&A to allow everyone to participate. We’ll make ourselves available after the call for any follow-ups.

As noted on Slide