v3.26.1
Consolidated Statement of Changes in Equity - CAD ($)
$ in Millions
Total
Total Shareholders’ Equity
Contributed Surplus
Retained Earnings
Total Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income (Loss) on Fair Value through OCI Securities, net of taxes
Accumulated Other Comprehensive Income (Loss) on Cash Flow Hedges, net of taxes
Accumulated Other Comprehensive Income on Translation of Net Foreign Operations, net of taxes
Accumulated Other Comprehensive Income on Pension and Other Employee Future Benefit Plans, net of taxes
Accumulated Other Comprehensive Income (Loss) on Own Credit Risk on Financial Liabilities Designated at Fair Value, net of taxes
Non-Controlling Interest in Subsidiaries
Preferred shares and other equity instruments
Common shares
Balance at beginning of period at Oct. 31, 2024     $ 354 $ 46,469   $ (321) $ (1,519) $ 6,381 $ 874 $ 4 $ 36 $ 8,087 $ 23,921
Statement [Line Items]                          
Redeemed during the period                       (300)  
Issued under the Stock Option Plan                         71
Treasury shares sold                         7
Purchased for cancellation                         (269)
Issued for acquisition (Note 13)                         0
Stock option expense, net of options exercised     5                    
Net premium (discount) on sale of treasury shares     8                    
Net income attributable to bank shareholders $ 4,100     4,094                  
Dividends on preferred shares and distributions payable on other equity instruments       (207)                  
Dividends on common shares       (2,310)                  
Common shares purchased for cancellation (Note 6)       (888)                  
Unrealized gains (losses) on fair value through OCI debt securities arising during the period           (17)              
Unrealized gains (losses) on fair value through OCI equity securities arising during the period           (11)              
Reclassification to earnings of (gains) during the period (21) [1]         (21)              
Gains (losses) on derivatives designated as cash flow hedges arising during the period 1,193 [2]           1,193            
Reclassification to earnings of losses on derivatives designated as cash flow hedges during the period 525 [3]           525            
Unrealized (losses) on translation of net foreign operations (593)             (593)          
Unrealized gains on hedges of net foreign operations 206 [4]             206          
Gains (losses) on remeasurement of pension and other employee future benefit plans (6) [5]               (6)        
Gains on remeasurement of own credit risk on financial liabilities designated at fair value 58 [6]                 58      
Net income attributable to non-controlling interest in subsidiaries 6                   6    
Dividends to non-controlling interest in subsidiaries                     (3)    
Other                     (1)    
Balance at end of period at Apr. 30, 2025 85,833 $ 85,795 367 47,158 $ 6,753 (370) 199 5,994 868 62 38 7,787 23,730
Balance at beginning of period at Jan. 31, 2025     363 47,243   (218) (803) 8,452 896 (84) 41 7,787 23,923
Statement [Line Items]                          
Redeemed during the period                       0  
Issued under the Stock Option Plan                         22
Treasury shares sold                         14
Purchased for cancellation                         (229)
Issued for acquisition (Note 13)                         0
Stock option expense, net of options exercised     (3)                    
Net premium (discount) on sale of treasury shares     7                    
Net income attributable to bank shareholders 1,962     1,960                  
Dividends on preferred shares and distributions payable on other equity instruments       (142)                  
Dividends on common shares       (1,151)                  
Common shares purchased for cancellation (Note 6)       (752)                  
Unrealized gains (losses) on fair value through OCI debt securities arising during the period           (137)              
Unrealized gains (losses) on fair value through OCI equity securities arising during the period           0              
Reclassification to earnings of (gains) during the period (15) [1]         (15)              
Gains (losses) on derivatives designated as cash flow hedges arising during the period 818 [2]           818            
Reclassification to earnings of losses on derivatives designated as cash flow hedges during the period 184 [3]           184            
Unrealized (losses) on translation of net foreign operations (3,205)             (3,205)          
Unrealized gains on hedges of net foreign operations 747 [4]             747          
Gains (losses) on remeasurement of pension and other employee future benefit plans (28) [5]               (28)        
Gains on remeasurement of own credit risk on financial liabilities designated at fair value 146 [6]                 146      
Net income attributable to non-controlling interest in subsidiaries 2                   2    
Dividends to non-controlling interest in subsidiaries                     (3)    
Other                     (2)    
Balance at end of period at Apr. 30, 2025 85,833 85,795 367 47,158 6,753 (370) 199 5,994 868 62 38 7,787 23,730
Balance at beginning of period at Oct. 31, 2025 88,100   373 47,377   (89) 527 6,778 1,011 (241) 49 8,956 23,359
Statement [Line Items]                          
Net income attributable to bank shareholders 2,489                        
Reclassification to earnings of (gains) during the period [1] (11)                        
Gains (losses) on derivatives designated as cash flow hedges arising during the period [2] (569)                        
Reclassification to earnings of losses on derivatives designated as cash flow hedges during the period [3] 173                        
Unrealized (losses) on translation of net foreign operations (1,931)                        
Unrealized gains on hedges of net foreign operations [4] 532                        
Gains (losses) on remeasurement of pension and other employee future benefit plans [5] 56                        
Gains on remeasurement of own credit risk on financial liabilities designated at fair value [6] (242)                        
Net income attributable to non-controlling interest in subsidiaries (1)                        
Balance at end of period at Jan. 31, 2026     379 47,718   100 131 5,379 1,067 (483) 46 7,706 23,708
Balance at beginning of period at Oct. 31, 2025 88,100   373 47,377   (89) 527 6,778 1,011 (241) 49 8,956 23,359
Statement [Line Items]                          
Redeemed during the period                       (1,250)  
Issued under the Stock Option Plan                         97
Treasury shares sold                         0
Purchased for cancellation                         (400)
Issued for acquisition (Note 13)                         481
Stock option expense, net of options exercised     21                    
Net premium (discount) on sale of treasury shares     (4)                    
Net income attributable to bank shareholders 5,119     5,116                  
Dividends on preferred shares and distributions payable on other equity instruments       (220)                  
Dividends on common shares       (2,349)                  
Common shares purchased for cancellation (Note 6)       (1,871)                  
Unrealized gains (losses) on fair value through OCI debt securities arising during the period           142              
Unrealized gains (losses) on fair value through OCI equity securities arising during the period           36              
Reclassification to earnings of (gains) during the period (33) [1]         (33)              
Gains (losses) on derivatives designated as cash flow hedges arising during the period (1,367) [2]           (1,367)            
Reclassification to earnings of losses on derivatives designated as cash flow hedges during the period 362 [3]           362            
Unrealized (losses) on translation of net foreign operations (1,952)             (1,952)          
Unrealized gains on hedges of net foreign operations 540 [4]             540          
Gains (losses) on remeasurement of pension and other employee future benefit plans 120 [5]               120        
Gains on remeasurement of own credit risk on financial liabilities designated at fair value 50 [6]                 50      
Net income attributable to non-controlling interest in subsidiaries 3                   3    
Dividends to non-controlling interest in subsidiaries                     (3)    
Other                     (2)    
Balance at end of period at Apr. 30, 2026 85,617 85,570 390 48,053 5,884 56 (478) 5,366 1,131 (191) 47 7,706 23,537
Balance at beginning of period at Jan. 31, 2026     379 47,718   100 131 5,379 1,067 (483) 46 7,706 23,708
Statement [Line Items]                          
Redeemed during the period                       0  
Issued under the Stock Option Plan                         22
Treasury shares sold                         8
Purchased for cancellation                         (201)
Issued for acquisition (Note 13)                         0
Stock option expense, net of options exercised     14                    
Net premium (discount) on sale of treasury shares     (3)                    
Net income attributable to bank shareholders 2,630     2,626                  
Dividends on preferred shares and distributions payable on other equity instruments       (139)                  
Dividends on common shares       (1,170)                  
Common shares purchased for cancellation (Note 6)       (982)                  
Unrealized gains (losses) on fair value through OCI debt securities arising during the period           (61)              
Unrealized gains (losses) on fair value through OCI equity securities arising during the period           39              
Reclassification to earnings of (gains) during the period (22) [1]         (22)              
Gains (losses) on derivatives designated as cash flow hedges arising during the period (798) [2]           (798)            
Reclassification to earnings of losses on derivatives designated as cash flow hedges during the period 189 [3]           189            
Unrealized (losses) on translation of net foreign operations (21)             (21)          
Unrealized gains on hedges of net foreign operations 8 [4]             8          
Gains (losses) on remeasurement of pension and other employee future benefit plans 64 [5]               64        
Gains on remeasurement of own credit risk on financial liabilities designated at fair value 292 [6]                 292      
Net income attributable to non-controlling interest in subsidiaries 4                   4    
Dividends to non-controlling interest in subsidiaries                     (3)    
Other                     0    
Balance at end of period at Apr. 30, 2026 $ 85,617 $ 85,570 $ 390 $ 48,053 $ 5,884 $ 56 $ (478) $ 5,366 $ 1,131 $ (191) $ 47 $ 7,706 $ 23,537
[1] Net of income tax provision of $8 million, $3 million, $6 million for the three months ended and $11 million and $8 million for the six months ended, respectively.
[2] Net of income tax (provision) recovery of $302 million, $221 million, $(302) million for the three months ended and $523 million and $(450) million for the six months ended, respectively.
[3] Net of income tax (recovery) of $(71) million, $(67) million, $(70) million for the three months ended and $(138) million and $(199) million for the six months ended, respectively.
[4] Net of income tax (provision) of $(3) million, $(205) million, $(287) million for the three months ended and $(208) million and $(79) million for the six months ended, respectively.
[5] Net of income tax(provision) recovery of $(25) million, $(21) million, $11 million for the three months ended and $(46) million and $3 million for the six months ended, respectively.
[6] Net of income tax (provision) recovery of $(112) million, $93 million, $(56) million for the three months ended and $(19) million and $(22) million for the six months ended, respectively.