Parent Company: Canadian Imperial Bank of Commerce
Brand Value: $4,321 million
Headquarter City: Toronto
YoY Change: -13%
Year Formed: 1867
CIBC was formed via the largest banking merger in Canadian history, when the Canadian Bank of Commerce (founded in 1867) and the Imperial Bank of Canada (founded in 1875) joined forces in 1961. Today, CIBC serves its customers via four business units: Canadian personal and small business banking, Canadian commercial banking and wealth management, U.S. commercial banking and wealth management, and capital markets. CIBC heavily engages in community support initiatives, including the annual CIBC Run for the Cure through a partnership with the Canadian Breast Cancer Foundation. Run for the Cure is Canada’s largest single-day, volunteer-led event.