| Capital Management |
The Bank’s regulatory capital, total loss absorbing capacity and leverage measures were as follows:
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As at |
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January 31
2026 |
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October 31
2025 |
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Common Equity Tier 1 capital |
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$ |
62,972 |
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$ |
62,752 |
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72,956 |
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72,790 |
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80,797 |
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80,908 |
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Total loss absorbing capacity (TLAC) (2) |
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135,635 |
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138,049 |
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Risk-weighted assets/exposures used in calculation of capital ratios |
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$ |
474,253 |
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$ |
474,453 |
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1,689,877 |
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1,642,918 |
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1,622,415 |
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Common Equity Tier 1 capital ratio |
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13.3 |
% |
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13.2 |
% |
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15.4 |
% |
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15.3 |
% |
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17.0 |
% |
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17.1 |
% |
Total loss absorbing capacity ratio (2) |
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28.6 |
% |
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29.1 |
% |
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4.4 |
% |
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4.5 |
% |
Total loss absorbing capacity leverage ratio (2) |
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8.3 |
% |
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8.5 |
% |
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(1) |
The Q1 2026 and Q2 2026 regulatory capital ratios are based on Basel III requirements as determined in accordance with OSFI Guideline – Capital Adequacy Requirements (November 2025). The prior period regulatory capital ratios were based on Basel III requirements as determined in accordance with OSFI Guideline – Capital Adequacy Requirements (November 2023). |
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(2) |
This measure has been disclosed in this document in accordance with OSFI Guideline – Total Loss Absorbing Capacity (September 2018). |
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(3) |
The leverage ratios are based on Basel III requirements as determined in accordance with OSFI Guideline – Leverage Requirements (February 2023). | The Bank substantially exceeded the OSFI minimum regulatory capital and TLAC ratios as at April 30, 2026, including the Domestic Stability Buffer requirement. In addition, the Bank substantially exceeded the OSFI minimum leverage and TLAC leverage ratios as at April 30, 2026.
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