The Globe and Mail reports in its Friday edition that Canadian Imperial Bank of Commerce on Thursday beat analysts' estimates for its Canadian and U.S. commercial banking and wealth management as loan demand and deposit balances rose. The Globe's Stefanie Marotta writes that a key part of CIBC's growth strategy includes expanding its mass affluent segment -- clients or households with more than $100,000 in investable assets. Over the next five years, the bank plans to double the size of the mass affluent segment, which has $360-billion in assets under management, CIBC's chief financial officer Rob Sedran said. The segment has grown 10 per cent this year. CIBC has invested in technology platforms aimed at providing services for those clients. Its wealth advisers are also using artificial intelligence to complete administrative work and spend more time with clients, he said. "This is a very competitive segment," Mr. Sedran told The Globe. "You really have to deliver value for money to this segment to make it worthwhile to them." Commercial banking earned $936-million, up 12 per cent from a year earlier, driven by higher net interest income and lower provisions.