v3.26.1
Segmented Information (Tables)
 6 Months Ended
Apr. 30, 2026
Segmented Information [abstract]  
Summary of Results by Business Segment
The following table summarizes the segment
 
results for the three and six months ended
 
April 30, 2026 and April 30, 2025.
Results by Business Segment
1
(millions of Canadian dollars)
Canadian
 
Wealth
Personal and
Management
Commercial Banking
U.S. Banking
and Insurance
Wholesale Banking
2
Corporate
2
Total
For the three months ended April 30
2026
2025
2026
2025
2026
2025
2026
2025
2026
2025
2026
2025
Net interest income (loss)
$
4,289
$
4,023
$
3,196
$
3,038
$
423
$
362
$
276
$
45
$
677
$
657
$
8,861
$
8,125
Non-interest income (loss)
967
968
588
(284)
3,355
3,141
2,117
2,084
(91)
8,903
6,936
14,812
Total revenue
5,256
4,991
3,784
2,754
3,778
3,503
2,393
2,129
586
9,560
15,797
22,937
Provision for (recovery of)
credit losses
498
622
342
442
–
–
78
123
83
154
1,001
1,341
Insurance service expenses
–
–
–
–
1,398
1,417
–
–
–
–
1,398
1,417
Non-interest expenses
 
2,088
2,052
2,476
2,338
1,249
1,131
1,509
1,461
1,050
1,157
8,372
8,139
Income (loss) before income taxes
 
and share of net income from
investment in Schwab
2,670
2,317
966
(26)
1,131
955
806
545
(547)
8,249
5,026
12,040
Provision for (recovery of)
income taxes
 
745
649
153
(68)
294
248
194
126
(611)
30
775
985
Share of net income from
investment in Schwab
3,4
–
–
–
78
–
–
–
–
–
(4)
–
74
Net income (loss)
$
1,925
$
1,668
$
813
$
120
$
837
$
707
$
612
$
419
$
64
$
8,215
$
4,251
$
11,129
For the six months ended April 30
2026
2025
2026
2025
2026
2025
2026
2025
2026
2025
2026
2025
Net interest income (loss)
$
8,683
$
8,158
$
6,492
$
6,102
$
829
$
731
$
201
$
(62)
$
1,445
$
1,062
$
17,650
$
15,991
Non-interest income (loss)
1,994
1,982
1,377
(402)
6,855
6,370
4,662
4,191
(156)
8,854
14,732
20,995
Total revenue
10,677
10,140
7,869
5,700
7,684
7,101
4,863
4,129
1,289
9,916
32,382
36,986
Provision for (recovery of)
credit losses
934
1,143
637
893
–
–
250
195
219
322
2,040
2,553
Insurance service expenses
–
–
–
–
3,020
2,924
–
–
–
–
3,020
2,924
Non-interest expenses
 
4,235
4,138
4,944
4,718
2,507
2,304
3,072
2,996
2,367
2,053
17,125
16,209
Income (loss) before income taxes
 
and share of net income from
investment in Schwab
5,508
4,859
2,288
89
2,157
1,873
1,541
938
(
1,297
)
7,541
10,197
15,300
Provision for (recovery of)
income taxes
 
1,539
1,360
435
(96)
563
486
368
220
(
1,002
)
(287)
1,903
1,683
Share of net income from
investment in Schwab
3,4
–
–
–
277
–
–
–
–
–
28
–
305
Net income (loss)
$
3,969
$
3,499
$
1,853
$
462
$
1,594
$
1,387
$
1,173
$
718
$
(295)
$
7,856
$
8,294
$
13,922
The retailer program partners’ share of revenues and credit losses is presented in the Corporate segment, with an
 
offsetting amount (representing the partners’ net share) recorded in
non-interest expenses, resulting in no impact to Corporate reported net income (loss). Net income (loss) included
 
in the U.S. Banking segment includes only the portion of revenue and
credit losses attributable to the Bank under the agreements.
2
 
Net interest income within Wholesale Banking is calculated on a taxable equivalent basis (TEB). The TEB adjustment
 
reflected in Wholesale Banking is reversed in the Corporate
segment.
 
3
 
The after-tax amount for amortization of acquired intangibles was recorded in the Corporate segment.
4
 
The Bank’s share of Schwab’s earnings was reported with a one-month lag. Refer to
 
Note 7 for further details.
Summary of Results by Geographic Location
Total Assets by Business Segment
(millions of Canadian dollars)
Canadian
Wealth
Personal and
Management
Wholesale
Commercial Banking
U.S. Banking
and Insurance
Banking
Corporate
Total
 
As at April 30, 2026
Total assets
$
626,142
$
508,946
$
27,370
$
763,319
$
159,328
$
2,085,105
As at October 31, 2025
Total assets
$
616,115
$
530,729
$
25,231
$
754,391
$
168,092
$
2,094,558