v3.24.1.1.u2
Interest Income and Expense
6 Months Ended
Apr. 30, 2024
Interest Income and Expense [Abstract]  
Interest Income and Expense
NOTE 21: INTEREST INCOME AND EXPENSE
The following tables present interest income
 
and interest expense by basis of accounting
 
measurement.
Interest Income
(millions of Canadian dollars)
For the three months ended
For the six months ended
April 30, 2024
April 30, 2023
April 30, 2024
April 30, 2023
Measured at amortized cost
1
$
19,694
$
16,634
$
39,260
$
32,161
 
Measured at FVOCI – Debt instruments
1
965
795
1,898
1,516
20,659
17,429
41,158
33,677
Measured or designated at FVTPL
2,247
1,797
4,497
3,553
Measured at FVOCI – Equity instruments
90
81
154
133
Total
$
22,996
$
19,307
$
45,809
$
37,363
Interest income is calculated using EIRM.
Interest Expense
(millions of Canadian dollars)
For the three months ended
For the six months ended
April 30, 2024
April 30, 2023
April 30, 2024
April 30, 2023
Measured at amortized cost
1
$
12,504
$
9,613
$
24,696
$
18,283
 
Measured or designated at FVTPL
3,027
2,266
6,160
3,919
Total
$
15,531
$
11,879
$
30,856
$
22,202
Interest expense is calculated using EIRM.