CANADIAN IMPERIAL BANK OF COMMERCE /CAN/
For the period ended Oct 31, 2025. Filed Dec 4, 2025.
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The yearly report of certain Canadian companies, filed under a joint US and Canadian system. It is the main yearly account these companies give US investors, largely as filed in Canada.
FY2025 · Filed Dec 4, 2025
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Contents
EX-99.B3(C) · External reportingchanges
External reporting changes
The following external reporting changes were made in 2025.
Changes made to our business segments
| • | Our Simplii Financial direct banking business and Investor’s Edge direct investing business, previously reported in Capital Markets and Direct Financial Services were realigned with Canadian Personal and Business Banking and Canadian Commercial Banking and Wealth Management, respectively; and |
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| • | Our CIBC Cleary Gull U.S. mid-market investment banking business was realigned from Capital Markets to U.S. Commercial Banking and Wealth Management. |
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Prior period amounts were restated accordingly. While the changes impacted the results of our strategic business units (SBUs) and how we measure the performance of our SBUs, there was no impact on our consolidated financial results from these changes.
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