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Deposits (Tables)
 3 Months Ended
Jan. 31, 2025
Text Block [Abstract]  
Summary of Deposits and Components
$ millions, as at
2025
Jan. 31
2024
Oct. 31
Payable on
demand 
(3)
Payable
after notice 
(4)
Payable on a
fixed date 
(5)(6)
Total
Total
Personal
   
$
14,922
 
$
141,767
  
$
101,977
  
$
258,666
   $ 252,894  
Business and government 
(7)
   
107,619
 
114,847
  
221,067
  
443,533
     435,499  
Bank
   
11,588
 
267
  
8,254
  
20,109
     20,009  
Secured borrowings 
(8)
   
–
 
–
  
59,868
  
59,868
     56,455  
    
$
  134,129
 
$
  256,881
  
$
  391,166
  
$
782,176
   $ 764,857  
Comprises:
              
Held at amortized cost
           
$
742,566
   $ 725,849  
Designated at fair value
                             
39,610
     39,008  
                              
$
782,176
   $ 764,857  
Total deposits include 
(9):
              
Non-interest-bearing deposits
              
Canada
           
$
86,377
   $ 84,460  
U.S.
           
12,502
     12,927  
Other international
           
6,282
     5,691  
Interest-bearing deposits
              
Canada
           
531,980
     526,186  
U.S.
           
108,289
     101,141  
Other international
                             
36,746
     34,452  
                              
$
  782,176
   $   764,857  
(1)
Includes deposits of $298.7 billion (October 31, 2024: $288.4 billion) denominated in U.S. dollars and deposits of $54.4 billion (October 31, 2024: $52.9 billion) denominated in other foreign currencies.
(2)
Net of purchased notes of $0.8 billion (October 31, 2024: $0.6 billion).
(3)
Includes all deposits for which we do not have the right to require notice of withdrawal. These deposits are generally chequing accounts.
(4)
Includes all deposits for which we can legally require notice of withdrawal. These deposits are generally savings accounts.
(5)
Includes all deposits that mature on a specified date. These deposits are generally term deposits, guaranteed investment certificates, and similar instruments.
(6)
Includes $66.2 billion (October 31, 2024: $61.1 billion) of deposits which are subject to the bank recapitalization (bail-in) conversion regulations issued by the Department of Finance Canada. These regulations provide certain statutory powers to the Canada Deposit Insurance Corporation (CDIC), including the ability to convert specified eligible shares and liabilities of CIBC into common shares in the event that CIBC is determined to be non-viable.
(7)
Includes $16.1 billion (October 31, 2024: $15.5 billion) of structured note liabilities that were sold upon issuance to third-party financial intermediaries, who may resell the notes to retail investors in foreign jurisdictions.
(8)
Comprises liabilities issued by, or as a result of, activities associated with the securitization of residential mortgages, Covered Bond Programme, and consolidated securitization vehicles.
(9)
Classification is based on geographical location of the CIBC office.