v3.24.1.1.u2
Consolidated Statement of Cash Flows - CAD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Apr. 30, 2024
Apr. 30, 2023
Apr. 30, 2024
Apr. 30, 2023
Cash flows from (used in) operating activities        
Net income $ 2,564 $ 3,306 $ 5,388 $ 4,887
Adjustments to determine net cash flows from (used in) operating activities        
Provision for (recovery of) credit losses 1,071 599 2,072 1,289
Depreciation 324 309 638 598
Amortization of other intangibles 168 170 353 312
Net securities loss/(gain) 66 21 60 22
Deferred taxes (730) (642) (797) (701)
Changes in operating assets and liabilities        
Interest receivable and payable (206) (484) (370) (512)
Securities sold under repurchase agreements 18,110 4,428 25,385 16,937
Securities purchased under reverse repurchase agreements (6,643) (25,418) (1,389) (35,616)
Securities sold short (4,730) 208 (6,516) 1,414
Trading loans, securities, and other (4,826) (430) (14,256) (10,781)
Loans net of securitization and sales (24,876) (13,552) (34,289) (19,815)
Deposits 23,104 (31,955) 5,822 (40,210)
Derivatives (5,947) (3,669) 3,294 1,895
Non-trading financial assets at fair value through profit or loss 1,339 1,846 1,694 2,685
Financial assets and liabilities designated at fair value through profit or loss 8,038 15,190 (4,132) 38,077
Securitization liabilities 1,333 835 3,102 (96)
Current taxes (1,048) 443 520 2,105
Brokers, dealers, and clients amounts receivable and payable (1,053) 2,083 (2,267) (6,837)
Other, including unrealized foreign currency translation loss/(gain) (995) (8,092) 452 (5,170)
Net cash from (used in) operating activities 5,281 (54,077) (14,831) (49,019)
Cash flows from (used in) financing activities        
Issuance of subordinated notes and debentures 1,750 0 1,750 0
Redemption or repurchase of subordinated notes and debentures (18) (4) (42) 49
Common shares issued, net 22 40 59 64
Repurchase of common shares (1,219) 0 (2,942) 0
Redemption of preferred shares and other equity instruments (350) 0 (350) 0
Sale of treasury shares and other equity instruments 2,365 2,412 5,616 4,358
Purchase of treasury shares and other equity instruments (2,307) (2,420) (5,501) (4,377)
Dividends paid on shares and distributions paid on other equity instruments (1,853) 0 (3,597) (1,124)
Repayment of lease liabilities (158) (164) (325) (320)
Net cash from (used in) financing activities (1,768) (136) (5,332) (1,350)
Cash flows from (used in) investing activities        
Interest-bearing deposits with banks (10,894) 41,884 10,242 34,860
Activities in financial assets at fair value through other comprehensive income        
Purchases (6,325) (7,745) (13,626) (15,330)
Proceeds from maturities 5,137 3,742 8,445 9,215
Proceeds from sales 377 2,227 1,115 2,822
Activities in debt securities at amortized cost        
Purchases (2,462) (7,683) (5,700) (18,090)
Proceeds from maturities 8,825 10,605 17,532 24,646
Proceeds from sales 2,108 11,861 2,606 11,870
Net purchases of land, buildings, equipment, other depreciable assets, and other intangibles (425) (373) (896) (776)
Net cash acquired from (paid for) divestitures and acquisitions 0 (502) 70 (502)
Net cash from (used in) investing activities (3,659) 54,016 19,788 48,715
Effect of exchange rate changes on cash and due from banks 121 83 (38) (28)
Net increase (decrease) in cash and due from banks (25) (114) (413) (1,682)
Cash and due from banks at beginning of period 6,333 6,988 6,721 8,556
Cash and due from banks at end of period 6,308 6,874 6,308 6,874
Supplementary disclosure of cash flows from operating activities        
Amount of income taxes paid (refunded) during the period 1,590 878 2,172 1,368
Amount of interest paid during the period 15,232 11,035 30,410 20,648
Amount of interest received during the period 22,223 18,309 44,505 35,171
Amount of dividends received during the period 683 588 1,359 1,117
Schwab [member]        
Adjustments to determine net cash flows from (used in) operating activities        
Share of net income from investment in Schwab $ (194) $ (241) $ (335) $ (526)