v3.26.1
Consolidated Statement of Changes in Equity - CAD ($)
$ in Millions
Total
Total Shareholders’ Equity
Contributed Surplus
Retained Earnings
Total Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income (Loss) on Fair Value through OCI Securities, net of taxes
Accumulated Other Comprehensive (Loss) on Cash Flow Hedges, net of taxes
Accumulated Other Comprehensive Income on Translation of Net Foreign Operations, net of taxes
Accumulated Other Comprehensive Income on Pension and Other Employee Future Benefit Plans, net of taxes
Accumulated Other Comprehensive (Loss) on Own Credit Risk on Financial Liabilities Designated at Fair Value, net of taxes
Non-Controlling Interest in Subsidiaries
Preferred shares and other equity instruments
Common shares
Balance at beginning of period at Oct. 31, 2024     $ 354 $ 46,469   $ (321) $ (1,519) $ 6,381 $ 874 $ 4 $ 36 $ 8,087 $ 23,921
Statement [Line Items]                          
Issued during the period                       1,369  
Redeemed during the period                       (300)  
Issued under the Stock Option Plan                         101
Treasury shares (purchased)                         (1)
Purchased for cancellation                         (467)
Issued for acquisition (Note 13)                         0
Stock option expense, net of options exercised     10                    
Net premium (discount) on sale of treasury shares     4                    
Net income attributable to bank shareholders $ 6,430     6,421                  
Dividends on preferred shares and distributions payable on other equity instruments       (273)                  
Dividends on common shares       (3,475)                  
Equity issue expense       (4)                  
Common shares purchased for cancellation (Note 6)       (1,584)                  
Unrealized gains on fair value through OCI debt securities arising during the period           161              
Unrealized gains (losses) on fair value through OCI equity securities arising during the period           (11)              
Reclassification to earnings of (gains) during the period (32) [1]         (32)              
Gains (losses) on derivatives designated as cash flow hedges arising during the period 142 [2]           142            
Reclassification to earnings of losses on derivatives designated as cash flow hedges during the period 797 [3]           797            
Unrealized gains (losses) on translation of net foreign operations (311)             (311)          
Unrealized gains (losses) on hedges of net foreign operations 132 [4]             132          
Gains on remeasurement of pension and other employee future benefit plans 49 [5]               49        
Gains (losses) on remeasurement of own credit risk on financial liabilities designated at fair value (255) [6]                 (255)      
Net income attributable to non-controlling interest in subsidiaries 9                   9    
Dividends to non-controlling interest in subsidiaries                     (3)    
Other                     0    
Balance at end of period at Jul. 31, 2025 86,765 $ 86,723 368 47,554 $ 6,091 (203) (580) 6,202 923 (251) 42 9,156 23,554
Balance at beginning of period at Apr. 30, 2025     367 47,158   (370) 199 5,994 868 62 38 7,787 23,730
Statement [Line Items]                          
Issued during the period                       1,369  
Redeemed during the period                       0  
Issued under the Stock Option Plan                         30
Treasury shares (purchased)                         (8)
Purchased for cancellation                         (198)
Issued for acquisition (Note 13)                         0
Stock option expense, net of options exercised     5                    
Net premium (discount) on sale of treasury shares     (4)                    
Net income attributable to bank shareholders 2,330     2,327                  
Dividends on preferred shares and distributions payable on other equity instruments       (66)                  
Dividends on common shares       (1,165)                  
Equity issue expense       (4)                  
Common shares purchased for cancellation (Note 6)       (696)                  
Unrealized gains on fair value through OCI debt securities arising during the period           178              
Unrealized gains (losses) on fair value through OCI equity securities arising during the period           0              
Reclassification to earnings of (gains) during the period (11) [1]         (11)              
Gains (losses) on derivatives designated as cash flow hedges arising during the period (1,051) [2]           (1,051)            
Reclassification to earnings of losses on derivatives designated as cash flow hedges during the period 272 [3]           272            
Unrealized gains (losses) on translation of net foreign operations 282             282          
Unrealized gains (losses) on hedges of net foreign operations (74) [4]             (74)          
Gains on remeasurement of pension and other employee future benefit plans 55 [5]               55        
Gains (losses) on remeasurement of own credit risk on financial liabilities designated at fair value (313) [6]                 (313)      
Net income attributable to non-controlling interest in subsidiaries 3                   3    
Dividends to non-controlling interest in subsidiaries                     0    
Other                     1    
Balance at end of period at Jul. 31, 2025 86,765 86,723 368 47,554 6,091 (203) (580) 6,202 923 (251) 42 9,156 23,554
Balance at beginning of period at Oct. 31, 2025 88,100   373 47,377   (89) 527 6,778 1,011 (241) 49 8,956 23,359
Statement [Line Items]                          
Issued during the period                       0  
Redeemed during the period                       (1,250)  
Issued under the Stock Option Plan                         161
Treasury shares (purchased)                         0
Purchased for cancellation                         (528)
Issued for acquisition (Note 13)                         481
Stock option expense, net of options exercised     30                    
Net premium (discount) on sale of treasury shares     0                    
Net income attributable to bank shareholders 6,869     6,864                  
Dividends on preferred shares and distributions payable on other equity instruments       (301)                  
Dividends on common shares       (3,541)                  
Equity issue expense       0                  
Common shares purchased for cancellation (Note 6)       (2,665)                  
Unrealized gains on fair value through OCI debt securities arising during the period           170              
Unrealized gains (losses) on fair value through OCI equity securities arising during the period           31              
Reclassification to earnings of (gains) during the period (43) [1]         (43)              
Gains (losses) on derivatives designated as cash flow hedges arising during the period (1,759) [2]           (1,759)            
Reclassification to earnings of losses on derivatives designated as cash flow hedges during the period 558 [3]           558            
Unrealized gains (losses) on translation of net foreign operations 101             101          
Unrealized gains (losses) on hedges of net foreign operations (120) [4]             (120)          
Gains on remeasurement of pension and other employee future benefit plans 277 [5]               277        
Gains (losses) on remeasurement of own credit risk on financial liabilities designated at fair value 6 [6]                 6      
Net income attributable to non-controlling interest in subsidiaries 5                   5    
Dividends to non-controlling interest in subsidiaries                     (3)    
Other                     (1)    
Balance at end of period at Jul. 31, 2026 86,573 86,523 403 47,734 7,207 69 (674) 6,759 1,288 (235) 50 7,706 23,473
Balance at beginning of period at Apr. 30, 2026     390 48,053   56 (478) 5,366 1,131 (191) 47 7,706 23,537
Statement [Line Items]                          
Issued during the period                       0  
Redeemed during the period                       0  
Issued under the Stock Option Plan                         64
Treasury shares (purchased)                         0
Purchased for cancellation                         (128)
Issued for acquisition (Note 13)                         0
Stock option expense, net of options exercised     9                    
Net premium (discount) on sale of treasury shares     4                    
Net income attributable to bank shareholders 1,750     1,748                  
Dividends on preferred shares and distributions payable on other equity instruments       (81)                  
Dividends on common shares       (1,192)                  
Equity issue expense       0                  
Common shares purchased for cancellation (Note 6)       (794)                  
Unrealized gains on fair value through OCI debt securities arising during the period           28              
Unrealized gains (losses) on fair value through OCI equity securities arising during the period           (5)              
Reclassification to earnings of (gains) during the period (10) [1]         (10)              
Gains (losses) on derivatives designated as cash flow hedges arising during the period (392) [2]           (392)            
Reclassification to earnings of losses on derivatives designated as cash flow hedges during the period 196 [3]           196            
Unrealized gains (losses) on translation of net foreign operations 2,053             2,053          
Unrealized gains (losses) on hedges of net foreign operations (660) [4]             (660)          
Gains on remeasurement of pension and other employee future benefit plans 157 [5]               157        
Gains (losses) on remeasurement of own credit risk on financial liabilities designated at fair value (44) [6]                 (44)      
Net income attributable to non-controlling interest in subsidiaries 2                   2    
Dividends to non-controlling interest in subsidiaries                     0    
Other                     1    
Balance at end of period at Jul. 31, 2026 $ 86,573 $ 86,523 $ 403 $ 47,734 $ 7,207 $ 69 $ (674) $ 6,759 $ 1,288 $ (235) $ 50 $ 7,706 $ 23,473
[1] Net of income tax provision of $4 million, $8 million, $3 million for the three months ended and $15 million and $11 million for the nine months ended, respectively.
[2] Net of income tax (provision) recovery of $148 million, $302 million, $409 million for the three months ended and $671 million and $(41) million for the nine months ended, respectively.
[3] Net of income tax (recovery) of $(74) million, $(71) million, $(102) million for the three months ended and $(212) million and $(301) million for the nine months ended, respectively.
[4] Net of income tax (provision) recovery of $254 million, $(3) million, $28 million for the three months ended and $46 million and $(51) million for the nine months ended, respectively.
[5] Net of income tax(provision) of $(60) million, $(25) million, $(22) million for the three months ended and $(106) million and $(19) million for the nine months ended, respectively.
[6] Net of income tax (provision) recovery of $16 million, $(112) million, $118 million for the three months ended and $(3) million and $96 million for the nine months ended, respectively.