v3.26.1
Consolidated Statement of Income - CAD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Apr. 30, 2026
Apr. 30, 2025
Apr. 30, 2026
Apr. 30, 2025
Interest income        
Loans $ 12,316 $ 12,602 $ 25,035 $ 26,069
Reverse repurchase agreements 1,886 2,368 4,103 4,974
Securities        
Interest 4,086 4,398 8,345 9,100
Dividends 895 848 1,527 1,371
Deposits with banks 798 1,366 1,667 2,940
Total interest income 19,981 21,582 40,677 44,454
Interest expense        
Deposits 8,119 9,923 16,705 21,146
Securitization liabilities 244 205 475 433
Subordinated notes and debentures 107 145 229 280
Repurchase agreements and short sales 2,447 2,746 5,199 5,736
Other 203 438 419 868
Total interest expense 11,120 13,457 23,027 28,463
Net interest income 8,861 8,125 17,650 15,991
Non-interest income        
Investment and securities services 2,449 2,006 4,818 4,020
Credit fees 433 419 826 838
Trading income (loss) 921 992 2,420 2,297
Service charges 681 680 1,384 1,366
Card services 605 704 1,333 1,477
Insurance revenue 1,945 1,876 3,946 3,746
Other income (loss) (98) 8,135 5 7,251
Total non-interest income 6,936 14,812 14,732 20,995
Total revenue 15,797 22,937 32,382 36,986
Provision for (recovery of) credit losses 1,001 1,341 2,040 2,553
Insurance service expenses 1,398 1,417 3,020 2,924
Non-interest expenses        
Salaries and employee benefits 4,795 4,485 9,752 9,135
Occupancy, including depreciation 529 499 1,046 1,011
Technology and equipment, including depreciation 743 699 1,450 1,388
Amortization of other intangibles 215 194 423 381
Communication and marketing 444 427 799 768
Restructuring charges (recovery) (6) 163 194 163
Brokerage-related and sub-advisory fees 136 133 264 262
Professional, advisory and outside services 1,010 957 2,056 1,850
Other 506 582 1,141 1,251
Total non-interest expenses 8,372 8,139 17,125 16,209
Income before income taxes and share of net income from investment in Schwab 5,026 12,040 10,197 15,300
Provision for (recovery of) income taxes 775 985 1,903 1,683
Share of net income from investment in Schwab 0 74 0 305
Net income 4,251 11,129 8,294 13,922
Preferred dividends and distributions on other equity instruments 202 200 303 286
Net income available to common shareholders $ 4,049 $ 10,929 $ 7,991 $ 13,636
Earnings (loss) per share (Canadian dollars)        
Basic $ 2.44 $ 6.28 $ 4.78 $ 7.81
Diluted 2.43 6.27 4.77 7.81
Dividends per common share (Canadian dollars) $ 1.08 $ 1.05 $ 2.16 $ 2.10