v3.22.2.2
Consolidated Statements of Income - CAD ($)
$ in Millions
 12 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Interest and dividend income (Note 3)    
Loans $ 26,565 $ 21,654
Securities 7,062 4,877
Assets purchased under reverse repurchase agreements and securities borrowed 5,447 1,309
Deposits and other 1,697 305
Interest and dividend income 40,771 28,145
Interest expense (Note 3)    
Deposits and other 10,751 5,448
Other liabilities 7,015 2,516
Subordinated debentures 288 179
Interest expense 18,054 8,143
Net interest income 22,717 20,002
Non-interest income    
Insurance premiums, investment and fee income (Note 15) 3,510 5,600
Trading revenue 926 1,183
Investment management and custodial fees 7,610 7,132
Mutual fund revenue 4,289 4,251
Securities brokerage commissions 1,481 1,538
Service charges 1,976 1,858
Underwriting and other advisory fees 2,058 2,692
Foreign exchange revenue, other than trading 1,038 1,066
Card service revenue 1,203 1,078
Credit fees 1,512 1,530
Net gains on investment securities 43 145
Share of profit in joint ventures and associates (Note 12) 110 130
Other 512 1,488
Non-interest income 26,268 29,691
Total revenue 48,985 49,693
Provision for credit losses (Notes 4 and 5) 484 (753)
Insurance policyholder benefits, claims and acquisition expense (Note 15) 1,783 3,891
Non-interest expense    
Human resources (Note 17 and 21) 16,528 16,539
Equipment 2,099 1,986
Occupancy 1,554 1,584
Communications 1,082 931
Professional fees 1,511 1,351
Amortization of other intangibles (Note 11) 1,369 1,287
Other 2,466 2,246
Non-interest expense 26,609 25,924
Income before income taxes 20,109 20,631
Income taxes (Note 22) 4,302 4,581
Net income 15,807 16,050
Net income attributable to:    
Shareholders 15,794 16,038
Non-controlling interests 13 12
Net income $ 15,807 $ 16,050
Basic earnings per share (in dollars) (Note 23) $ 11.08 $ 11.08
Diluted earnings per share (in dollars) (Note 23) 11.06 11.06
Dividends per common share (in dollars) $ 4.96 $ 4.32