Fair value of financial instruments - Summary of Fair Value of Assets and Liabilities Measured at Fair Value on a Recurring Basis and Classified Using Fair Value Hierarchy (Detail) - CAD ($)
$ in Millions |
Oct. 31, 2024 |
Oct. 31, 2023 |
Oct. 31, 2022 |
| Financial assets |
|
|
|
| Interest-bearing deposits with banks |
$ 66,020
|
$ 71,086
|
|
| Trading |
|
|
|
| Trading securities |
183,300
|
190,151
|
|
| Investment |
|
|
|
| Assets purchased under reverse repurchase agreements and securities borrowed |
350,803
|
340,191
|
|
| Loans |
981,380
|
852,773
|
|
| Derivatives |
|
|
|
| Impact on Positive fair values (Derivative assets) of netting agreements that qualify for balance sheet offset |
(147,173)
|
(98,663)
|
|
| Derivatives |
150,612
|
142,450
|
|
| Deposits |
|
|
|
| Personal |
522,139
|
441,946
|
|
| Business and government |
839,670
|
745,075
|
|
| Bank |
47,722
|
44,666
|
|
| Other |
|
|
|
| Obligations related to securities sold short |
35,286
|
33,651
|
|
| Obligations related to assets sold under repurchase agreements and securities loaned |
305,321
|
335,238
|
|
| Derivatives |
|
|
|
| Impact on Negative fair values (Derivative liabilities) of netting agreements that qualify for balance sheet offset |
(147,173)
|
(98,663)
|
|
| Total derivatives |
163,763
|
142,629
|
|
| Level 3 [member] |
|
|
|
| Derivatives |
|
|
|
| Financial assets |
5,404
|
5,189
|
|
| Derivatives |
|
|
|
| Financial liabilities |
1,699
|
1,938
|
|
| Netting adjustments [member] |
|
|
|
| Derivatives |
|
|
|
| Impact on Positive fair values (Derivative assets) of netting agreements that qualify for balance sheet offset |
(1,568)
|
(1,544)
|
|
| Financial assets |
(1,568)
|
(1,544)
|
|
| Derivatives |
|
|
|
| Impact on Negative fair values (Derivative liabilities) of netting agreements that qualify for balance sheet offset |
(1,568)
|
(1,544)
|
|
| Financial liabilities |
(1,568)
|
(1,544)
|
|
| Total gross fair value [member] | Level 1 [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
100,758
|
89,805
|
|
| Investment |
|
|
|
| Investment securities |
7,467
|
3,044
|
|
| Derivatives |
|
|
|
| Total gross derivatives, assets |
2,553
|
2,352
|
|
| Other assets |
5,291
|
4,152
|
|
| Financial assets |
116,069
|
99,353
|
|
| Other |
|
|
|
| Obligations related to securities sold short |
15,172
|
14,391
|
|
| Derivatives |
|
|
|
| Total gross derivatives, liabilities |
3,212
|
3,119
|
|
| Other liabilities |
287
|
370
|
|
| Financial liabilities |
18,671
|
17,880
|
|
| Total gross fair value [member] | Level 2 [member] |
|
|
|
| Financial assets |
|
|
|
| Interest-bearing deposits with banks |
53,996
|
60,856
|
|
| Trading |
|
|
|
| Trading securities |
79,998
|
98,080
|
|
| Investment |
|
|
|
| Investment securities |
148,213
|
124,778
|
|
| Assets purchased under reverse repurchase agreements and securities borrowed |
284,311
|
285,869
|
|
| Loans |
8,924
|
8,742
|
|
| Derivatives |
|
|
|
| Total gross derivatives, assets |
149,235
|
141,233
|
|
| Other assets |
6,472
|
3,421
|
|
| Financial assets |
731,149
|
722,979
|
|
| Deposits |
|
|
|
| Personal |
33,829
|
26,428
|
|
| Business and government |
156,429
|
137,628
|
|
| Bank |
10,530
|
11,462
|
|
| Other |
|
|
|
| Obligations related to securities sold short |
20,114
|
19,260
|
|
| Obligations related to assets sold under repurchase agreements and securities loaned |
270,663
|
298,679
|
|
| Derivatives |
|
|
|
| Total gross derivatives, liabilities |
160,898
|
139,499
|
|
| Other liabilities |
(1,694)
|
(1,296)
|
|
| Financial liabilities |
650,769
|
631,660
|
|
| Total gross fair value [member] | Level 3 [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
2,544
|
2,266
|
|
| Investment |
|
|
|
| Investment securities |
680
|
644
|
|
| Loans |
1,781
|
1,859
|
|
| Derivatives |
|
|
|
| Total gross derivatives, assets |
392
|
409
|
|
| Other assets |
7
|
11
|
|
| Financial assets |
5,404
|
5,189
|
|
| Deposits |
|
|
|
| Personal |
478
|
383
|
|
| Derivatives |
|
|
|
| Total gross derivatives, liabilities |
1,221
|
1,555
|
|
| Financial liabilities |
1,699
|
1,938
|
|
| Total gross fair value [member] | Canadian government debt - issued or guaranteed, Federal [member] | Level 1 [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
11,611
|
26,675
|
|
| Investment |
|
|
|
| Investment securities |
4,623
|
2,731
|
|
| Total gross fair value [member] | Canadian government debt - issued or guaranteed, Federal [member] | Level 2 [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
2,173
|
2,581
|
|
| Investment |
|
|
|
| Investment securities |
8,546
|
3,528
|
|
| Total gross fair value [member] | Canadian government debt - issued or guaranteed, Provincial and municipal [member] | Level 2 [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
16,588
|
16,389
|
|
| Investment |
|
|
|
| Investment securities |
7,554
|
2,748
|
|
| Total gross fair value [member] | U.S. federal state municipal and agencies debt issued or guaranteed [member] | Level 1 [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
1,852
|
2,249
|
|
| Investment |
|
|
|
| Investment securities |
42
|
275
|
|
| Total gross fair value [member] | U.S. federal state municipal and agencies debt issued or guaranteed [member] | Level 2 [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
29,136
|
50,439
|
|
| Investment |
|
|
|
| Investment securities |
80,224
|
73,020
|
|
| Total gross fair value [member] | Other OECD government debt - issued or guaranteed [member] | Level 1 [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
2,481
|
2,055
|
|
| Investment |
|
|
|
| Investment securities |
2,370
|
|
|
| Total gross fair value [member] | Other OECD government debt - issued or guaranteed [member] | Level 2 [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
2,153
|
2,577
|
|
| Investment |
|
|
|
| Investment securities |
7,786
|
6,192
|
|
| Total gross fair value [member] | Mortgage-backed securities [member] | Level 2 [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
3
|
2
|
|
| Investment |
|
|
|
| Investment securities |
2,603
|
2,672
|
|
| Total gross fair value [member] | Mortgage-backed securities [member] | Level 3 [member] |
|
|
|
| Investment |
|
|
|
| Investment securities |
31
|
29
|
|
| Total gross fair value [member] | Asset- backed securities, Non-CDO [member] | Level 2 [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
1,434
|
1,245
|
|
| Investment |
|
|
|
| Investment securities |
9,357
|
8,706
|
|
| Total gross fair value [member] | Corporate debt and other debt [member] | Level 2 [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
26,195
|
22,615
|
|
| Investment |
|
|
|
| Investment securities |
31,839
|
27,574
|
|
| Total gross fair value [member] | Corporate debt and other debt [member] | Level 3 [member] |
|
|
|
| Investment |
|
|
|
| Investment securities |
143
|
149
|
|
| Total gross fair value [member] | Equity securities [member] | Level 1 [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
84,814
|
58,826
|
|
| Investment |
|
|
|
| Investment securities |
432
|
38
|
|
| Total gross fair value [member] | Equity securities [member] | Level 2 [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
2,316
|
2,232
|
|
| Investment |
|
|
|
| Investment securities |
304
|
338
|
|
| Total gross fair value [member] | Equity securities [member] | Level 3 [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
2,544
|
2,266
|
|
| Investment |
|
|
|
| Investment securities |
506
|
466
|
|
| Total gross fair value [member] | Interest rate contracts [member] | Level 2 [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, assets |
27,719
|
39,243
|
|
| Total gross fair value [member] | Interest rate contracts [member] | Level 3 [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, assets |
354
|
290
|
|
| Total gross fair value [member] | Foreign exchange contracts [member] | Level 2 [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, assets |
98,480
|
89,644
|
|
| Total gross fair value [member] | Foreign exchange contracts [member] | Level 3 [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, assets |
3
|
4
|
|
| Total gross fair value [member] | Credit derivatives [member] | Level 2 [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, assets |
273
|
224
|
|
| Total gross fair value [member] | Other contracts [member] | Level 1 [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, assets |
2,553
|
2,352
|
|
| Total gross fair value [member] | Other contracts [member] | Level 2 [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, assets |
23,830
|
13,927
|
|
| Total gross fair value [member] | Other contracts [member] | Level 3 [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, assets |
21
|
111
|
|
| Total gross fair value [member] | Valuation adjustments [member] | Level 2 [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, assets |
(1,067)
|
(1,805)
|
|
| Total gross fair value [member] | Valuation adjustments [member] | Level 3 [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, assets |
14
|
4
|
|
| Total gross fair value [member] | Interest rate contracts [member] | Level 2 [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, liabilities |
24,852
|
41,249
|
|
| Total gross fair value [member] | Interest rate contracts [member] | Level 3 [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, liabilities |
847
|
952
|
|
| Total gross fair value [member] | Foreign exchange contracts [member] | Level 2 [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, liabilities |
93,164
|
81,750
|
|
| Total gross fair value [member] | Foreign exchange contracts [member] | Level 3 [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, liabilities |
54
|
53
|
|
| Total gross fair value [member] | Credit derivatives [member] | Level 2 [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, liabilities |
218
|
176
|
|
| Total gross fair value [member] | Other contracts [member] | Level 1 [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, liabilities |
3,212
|
3,119
|
|
| Total gross fair value [member] | Other contracts [member] | Level 2 [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, liabilities |
42,961
|
17,306
|
|
| Total gross fair value [member] | Other contracts [member] | Level 3 [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, liabilities |
324
|
549
|
|
| Total gross fair value [member] | Valuation adjustments [member] | Level 2 [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, liabilities |
(297)
|
(982)
|
|
| Total gross fair value [member] | Valuation adjustments [member] | Level 3 [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, liabilities |
(4)
|
1
|
|
| Recurring [member] |
|
|
|
| Financial assets |
|
|
|
| Interest-bearing deposits with banks |
53,996
|
60,856
|
|
| Trading |
|
|
|
| Trading securities |
183,300
|
190,151
|
|
| Investment |
|
|
|
| Investment securities |
156,360
|
128,466
|
|
| Assets purchased under reverse repurchase agreements and securities borrowed |
284,311
|
285,869
|
|
| Loans |
10,705
|
10,601
|
|
| Derivatives |
|
|
|
| Total gross derivatives, assets |
152,180
|
143,994
|
|
| Impact on Positive fair values (Derivative assets) of netting agreements that qualify for balance sheet offset |
(1,568)
|
(1,544)
|
|
| Derivatives |
150,612
|
142,450
|
|
| Other assets |
11,770
|
7,584
|
|
| Financial assets |
851,054
|
825,977
|
|
| Deposits |
|
|
|
| Personal |
34,307
|
26,811
|
|
| Business and government |
156,429
|
137,628
|
|
| Bank |
10,530
|
11,462
|
|
| Other |
|
|
|
| Obligations related to securities sold short |
35,286
|
33,651
|
|
| Obligations related to assets sold under repurchase agreements and securities loaned |
270,663
|
298,679
|
|
| Derivatives |
|
|
|
| Total gross derivatives, liabilities |
165,331
|
144,173
|
|
| Impact on Negative fair values (Derivative liabilities) of netting agreements that qualify for balance sheet offset |
(1,568)
|
(1,544)
|
|
| Total derivatives |
163,763
|
142,629
|
|
| Other liabilities |
(1,407)
|
(926)
|
|
| Financial liabilities |
669,571
|
649,934
|
|
| Recurring [member] | Level 3 [member] |
|
|
|
| Derivatives |
|
|
|
| Financial liabilities |
(478)
|
(383)
|
$ (241)
|
| Recurring [member] | Canadian government debt - issued or guaranteed, Federal [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
13,784
|
29,256
|
|
| Investment |
|
|
|
| Investment securities |
13,169
|
6,259
|
|
| Recurring [member] | Canadian government debt - issued or guaranteed, Provincial and municipal [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
16,588
|
16,389
|
|
| Investment |
|
|
|
| Investment securities |
7,554
|
2,748
|
|
| Recurring [member] | U.S. federal state municipal and agencies debt issued or guaranteed [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
30,988
|
52,688
|
|
| Investment |
|
|
|
| Investment securities |
80,266
|
73,295
|
|
| Recurring [member] | Other OECD government debt - issued or guaranteed [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
4,634
|
4,632
|
|
| Investment |
|
|
|
| Investment securities |
10,156
|
6,192
|
|
| Recurring [member] | Mortgage-backed securities [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
3
|
2
|
|
| Investment |
|
|
|
| Investment securities |
2,634
|
2,701
|
|
| Recurring [member] | Asset- backed securities, Non-CDO [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
1,434
|
1,245
|
|
| Investment |
|
|
|
| Investment securities |
9,357
|
8,706
|
|
| Recurring [member] | Corporate debt and other debt [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
26,195
|
22,615
|
|
| Investment |
|
|
|
| Investment securities |
31,982
|
27,723
|
|
| Recurring [member] | Equity securities [member] |
|
|
|
| Trading |
|
|
|
| Trading securities |
89,674
|
63,324
|
|
| Investment |
|
|
|
| Investment securities |
1,242
|
842
|
|
| Recurring [member] | Interest rate contracts [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, assets |
28,073
|
39,533
|
|
| Recurring [member] | Foreign exchange contracts [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, assets |
98,483
|
89,648
|
|
| Recurring [member] | Credit derivatives [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, assets |
273
|
224
|
|
| Recurring [member] | Other contracts [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, assets |
26,404
|
16,390
|
|
| Recurring [member] | Valuation adjustments [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, assets |
(1,053)
|
(1,801)
|
|
| Recurring [member] | Interest rate contracts [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, liabilities |
25,699
|
42,201
|
|
| Recurring [member] | Foreign exchange contracts [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, liabilities |
93,218
|
81,803
|
|
| Recurring [member] | Credit derivatives [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, liabilities |
218
|
176
|
|
| Recurring [member] | Other contracts [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, liabilities |
46,497
|
20,974
|
|
| Recurring [member] | Valuation adjustments [member] |
|
|
|
| Derivatives |
|
|
|
| Total gross derivatives, liabilities |
$ (301)
|
$ (981)
|
|