CIBC(CM) - 2024 Q2 - Quarterly Report

We adjust our reported revenue and non-interest expenses to remove the impact of items of note. Commencing the first quarter of 2024, we no longer gross up tax-exempt revenue to bring it to a TEB for the application of this ratio to our consolidated results. Prior period amounts have been restated to conform with the change in presentation adopted in the first quarter of 2024. Adjusted dividend payout ratio We adjust our reported net income attributable to common shareholders to remove the impact of items o ...