v3.26.1
Interim Condensed Consolidated Statements of Income (unaudited) - CAD ($)
$ in Millions
3 Months Ended 6 Months Ended
Apr. 30, 2026
Apr. 30, 2025
Apr. 30, 2026
Apr. 30, 2025
Interest and dividend income (Note 3)        
Loans $ 13,620 $ 13,484 $ 27,530 $ 27,814
Securities 5,273 4,845 10,647 9,677
Assets purchased under reverse repurchase agreements and securities borrowed 5,205 5,312 11,038 11,236
Deposits and other 924 1,329 1,911 2,698
Interest and dividend income 25,022 24,970 51,126 51,425
Interest expense (Note 3)        
Deposits and other 10,195 10,716 20,806 22,532
Other liabilities 6,208 6,042 12,967 12,568
Subordinated debentures 113 156 262 321
Interest expense 16,516 16,914 34,035 35,421
Net interest income 8,506 8,056 17,091 16,004
Non-interest income        
Insurance service result (Note 7) 217 224 457 510
Insurance investment result (Note 7) 92 78 151 160
Trading revenue 609 641 1,789 1,836
Investment management and custodial fees 2,915 2,544 5,839 5,211
Mutual fund revenue 1,403 1,211 2,817 2,447
Securities brokerage commissions 550 486 1,058 957
Service charges 572 607 1,165 1,219
Underwriting and other advisory fees 878 615 1,620 1,289
Foreign exchange revenue, other than trading 345 338 725 656
Card service revenue 305 328 640 645
Credit fees 450 370 873 805
Net gains on investment securities 102 45 178 100
Income (loss) from joint ventures and associates 24 16 61 35
Other 485 113 949 537
Non-interest income 8,947 7,616 18,322 16,407
Total revenue 17,453 15,672 35,413 32,411
Provision for credit losses (Notes 4 and 5) 912 1,424 2,002 2,474
Non-interest expense        
Human resources (Note 8) 6,011 5,478 12,300 11,465
Equipment 733 704 1,461 1,385
Occupancy 447 428 867 857
Communications 391 378 746 705
Professional fees 513 538 984 1,040
Amortization of other intangibles 387 457 773 892
Other 955 747 1,769 1,642
Non-interest expense 9,437 8,730 18,900 17,986
Income before income taxes 7,104 5,518 14,511 11,951
Income taxes (Note 9) 1,595 1,128 3,217 2,430
Net income 5,509 4,390 11,294 9,521
Net income attributable to:        
Shareholders 5,507 4,386 11,291 9,515
Non-controlling interests 2 4 3 6
Net income $ 5,509 $ 4,390 $ 11,294 $ 9,521
Basic earnings per share (in dollars) (Note 11) $ 3.86 $ 3.03 $ 7.89 $ 6.57
Diluted earnings per share (in dollars) (Note 11) 3.85 3.02 7.87 6.56
Dividends per common share (in dollars) $ 1.64 $ 1.48 $ 3.28 $ 2.96