Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 18.2 and a capital leverage ratio of 13.3. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (10.0 on a scale of 0 to 10).
Other Rating Factors:
Operating profits as a percentage of assets at 1.7%, coupled with a return on assets of 1.3 has resulted in Good (6.5) profitability. A current level of 11.0 percent of nonperforming loans to core capital combined with 6.1 percent from a year earlier contributes to the Fair asset quality (3.7).
Asset Mix:
Cash (19%), comm loans (19%), comm re (17%), securities (14%), home mtgs (3%), consumer loans (1%), other (28%)
States with Branches:
CA, FL, IL, MI, MO, WI
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Canadian Imperial Bank of Commerce
Investment Rating
--
Address
120 South LaSalle Street
Chicago, IL 60603
Chicago, IL 60603
Phone Number
(312) 564-2000
Year Founded
1991
FDIC Number
Website
Largest Affiliates
No affiliate information available.