v3.26.1
Interim Condensed Consolidated Statements of Cash Flows (unaudited) - CAD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Apr. 30, 2026
Apr. 30, 2025
Apr. 30, 2026
Apr. 30, 2025
Cash flows from operating activities        
Net income $ 5,509 $ 4,390 $ 11,294 $ 9,521
Adjustments for non-cash items and others        
Provision for credit losses 912 1,424 2,002 2,474
Depreciation 332 321 654 644
Deferred income taxes (211) (260) (3) (232)
Amortization and impairment of other intangibles 390 459 778 910
(Income) loss from joint ventures and associates (24) (16) (61) (35)
Losses (gains) on investment securities (102) (45) (183) (100)
Adjustments for net changes in operating assets and liabilities        
Insurance contract liabilities (140) (70) 32 1,176
Net change in accrued interest receivable and payable 1,125 323 222 (656)
Current income taxes 292 736 3,041 146
Derivative assets 20,085 (34,525) 26,461 (37,599)
Derivative liabilities (14,104) 32,754 (27,326) 30,581
Trading securities (6,761) 279 (17,534) (5,837)
Loans (23,188) (2,452) (35,955) (28,235)
Assets purchased under reverse repurchase agreements and securities borrowed (36,575) (21,476) (6,692) 48,876
Obligations related to assets sold under repurchase agreements and securities loaned 24,938 6,734 23,438 (23,995)
Obligations related to securities sold short 9,663 1,363 7,581 11,537
Deposits 39,330 4,846 65,930 37,255
Brokers and dealers receivable and payable 1,608 717 2,917 (89)
Other (1,802) 14,349 2,579 (5,337)
Net cash from (used in) operating activities 21,277 9,851 59,175 41,005
Cash flows from investing activities        
Change in interest-bearing deposits with banks 18,927 (18,046) 16,218 50
Proceeds from sales and maturities of investment securities 87,326 53,100 152,105 110,118
Purchases of investment securities (105,404) (66,482) (193,609) (157,025)
Net acquisitions of premises and equipment and other intangibles (459) (483) (1,056) (1,164)
Cash used in acquisitions, net of cash acquired (11)   (11)  
Net cash from (used in) investing activities 379 (31,911) (26,353) (48,021)
Cash flows from financing activities        
Issuance of subordinated debentures 1,750   1,750 1,500
Repayment of subordinated debentures     (2,035) (1,500)
Issue of common shares, net of issuance costs 25 13 66 34
Common shares purchased for cancellation (1,673) (488) (2,633) (826)
Issue of preferred shares and other equity instruments, net of issuance costs 0   1,351 1,386
Redemption of preferred shares and other equity instruments     (1,850)  
Sales of treasury shares and other equity instruments 3,211 2,034 5,946 4,138
Purchases of treasury shares and other equity instruments (3,317) (2,147) (6,086) (4,296)
Dividends paid on shares and distributions paid on other equity instruments (2,433) (2,210) (4,730) (4,311)
Dividends/distributions paid to non-controlling interests (1) (14) (14) (14)
Change in short-term borrowings of subsidiaries (5,319) 2,068 (766) 2,068
Repayment of lease liabilities (165) (171) (202) (325)
Net cash from (used in) financing activities (7,922) (915) (9,203) (2,146)
Effect of exchange rate changes on cash and due from banks (613) 396 (1,296) 1,060
Net change in cash and due from banks 13,121 (22,579) 22,323 (8,102)
Cash and due from banks at beginning of period 46,226 71,200 37,024 56,723
Cash and due from banks at end of period 59,347 48,621 59,347 48,621
Cash flows from operating activities include:        
Amount of interest paid 15,373 16,367 32,870 35,844
Amount of interest received 24,680 24,269 49,639 50,316
Amount of dividends received 965 987 1,948 2,050
Amount of income taxes paid (refunded) $ 1,517 $ 1,468 $ 897 $ 2,710