v3.26.1
Consolidated Statement of Cash Flows - CAD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Apr. 30, 2026
Apr. 30, 2025
Apr. 30, 2026
Apr. 30, 2025
Cash flows from (used in) operating activities        
Net income $ 4,251 $ 11,129 $ 8,294 $ 13,922
Adjustments to determine net cash flows from (used in) operating activities        
Gain on sale of Schwab shares 0 (9,159) 0 (9,159)
Provision for (recovery of) credit losses 1,001 1,341 2,040 2,553
Depreciation 346 340 684 685
Amortization of other intangibles 215 194 423 381
Net securities loss/(gain) 1 282 (2) 1,202
Share of net income from investment in Schwab 0 (74) 0 (305)
Deferred taxes (275) (457) 151 (527)
Changes in operating assets and liabilities        
Interest receivable and payable (147) (608) (227) (845)
Obligations related to securities sold under repurchase agreements 4,610 (6,454) (2,758) (14,498)
Securities purchased under reverse repurchase agreements 2,805 5,643 26,958 (8,259)
Obligations related to securities sold short 838 (2,533) (1,502) 4,038
Trading loans, securities, and other 3,208 3,853 (11,544) (19,232)
Loans net of securitization and sales (6,807) 27,634 (13,334) 10,510
Deposits (4,733) (21,175) (22,247) (2,583)
Derivatives (427) 3,143 3,313 3,968
Non-trading financial assets at fair value through profit or loss 330 (718) (700) (1,659)
Financial assets and liabilities designated at fair value through profit or loss (2,995) (16,984) 24,555 (14,080)
Securitization liabilities 1,625 1,721 1,921 2,870
Current taxes (624) 1,822 (727) 241
Amounts receivable and payable from brokers, dealers, and clients 7,205 327 (571) (3,652)
Other, including unrealized foreign currency translation loss/(gain) (186) 12,471 8,099 (4,112)
Net cash from (used in) operating activities 10,241 11,738 22,826 (38,541)
Cash flows from (used in) financing activities        
Issuance of subordinated notes and debentures 1,000 17 1,000 2,129
Redemption or repurchase of subordinated notes and debentures (1,257) (2,927) (1,263) (2,994)
Common shares issued, net of issuance costs 38 40 136 62
Repurchase of common shares, including tax on net value of share repurchases (2,605) (2,571) (5,051) (2,571)
Preferred shares and other equity instruments issued, net of issuance costs 0 0 0 748
Redemption of preferred shares and other equity instruments 0 0 0 (500)
Sale of treasury shares and other equity instruments 3,209 3,183 6,679 7,741
Purchase of treasury shares and other equity instruments (3,252) (3,147) (6,728) (7,771)
Dividends paid on shares and distributions paid on other equity instruments (3,759) (2,015) (3,900) (3,807)
Repayment of lease liabilities (168) (340) (331) (509)
Net cash from (used in) financing activities (6,794) (7,760) (9,458) (7,472)
Cash flows from (used in) investing activities        
Interest-bearing deposits with banks 3,469 (9,911) (3,459) 29,129
Activities in financial assets at fair value through other comprehensive income        
Purchases (9,750) (21,836) (21,762) (42,813)
Proceeds from maturities 5,986 9,817 13,264 18,123
Proceeds from sales 2,230 1,530 2,712 2,370
Activities in debt securities at amortized cost        
Purchases (14,200) (22,204) (26,245) (29,337)
Proceeds from maturities 8,661 13,422 21,407 26,012
Proceeds from sales 356 4,183 403 21,935
Net purchases of land, buildings, equipment, other depreciable assets, and other intangibles (624) (436) (1,155) (933)
Net cash acquired from divestitures 0 20,627 0 20,627
Net cash from (used in) investing activities (3,872) (4,808) (14,835) 45,113
Effect of exchange rate changes on cash and due from banks (4) (221) (187) (36)
Net increase (decrease) in cash and due from banks (429) (1,051) (1,654) (936)
Cash and due from banks at beginning of period 6,287 6,552 7,512 6,437
Cash and due from banks at end of period 5,858 5,501 5,858 5,501
Supplementary disclosure of cash flows from operating activities        
Amount of income taxes paid (refunded) during the period 1,315 1,466 2,812 2,787
Amount of interest paid during the period 11,588 13,978 23,602 29,456
Amount of interest received during the period 19,407 20,647 39,498 43,231
Amount of dividends received during the period $ 821 $ 721 $ 1,464 $ 1,347