Share-Based Compensation |
6 Months Ended |
---|---|
Apr. 30, 2024 | |
Share-Based Compensation [Abstract] | |
Share-Based Compensation | NOTE 15: SHARE-BASED COMPENSATION For the three and six months ended April 10.4 20.5 respectively (three and six months ended April 9.6 22.2 April 30, 2023, nil 2.5 2.5 stock options were granted by the Bank at 14.36 14.70 The following table summarizes the assumptions Assumptions Used for Estimating the (in Canadian dollars, except as noted) For the six months ended April 30 April 30 2024 2023 Risk-free interest rate 3.41 % 2.87 % Option contractual life 10 years 10 years Expected volatility 18.92 % 18.43 % Expected dividend yield 3.78 % 3.69 % Exercise price/share price $ 81.78 $ 90.55 The risk-free interest rate is based on Government average daily volatility and expected dividend corresponding to the option contractual life. |