Operating Segments (Tables)

9 Months Ended

Jul. 31, 2026


	For the three months ended July 31, 2026
($ millions)	Canadian Banking		International Banking		Global Wealth Management		Global Banking and Markets		Other			Total
Net interest income (1)	$	2,837	$	2,192	$	331	$	470	$	36		$	5,866
Non-interest income (2)(3)		809		756		1,566		1,544		(6	)		4,669
Total revenues		3,646		2,948		1,897		2,014		30			10,535
Provision for credit losses		498		522		6		53		–			1,079
Depreciation and amortization		136		122		46		56		38			398
Other non-interest expenses		1,538		1,331		1,148		1,068		73			5,158
Income tax expense		403		207		179		190		(32	)		947
Net income	$	1,071	$	766	$	518	$	647	$	(49	)	$	2,953
Net income attributable to non-controlling interests in subsidiaries	$	–	$	41	$	3	$	–	$	1		$	45
Net income attributable to equity holders of the Bank	$	1,071	$	725	$	515	$	647	$	(50	)	$	2,908
Average assets ($ billions)	$	477	$	215	$	43	$	617	$	233		$	1,585
Average liabilities ($ billions)	$	375	$	177	$	58	$	607	$	278		$	1,495

(1)

Interest income is reported net of interest expense as management relies primarily on net interest income as a performance measure.

(2)

Card revenues and Banking services fees are mainly earned in Canadian and International Banking. Mutual fund, Brokerage fees and Investment management and trust fees are primarily earned in Global Wealth Management. Underwriting and other advisory fees are predominantly earned in Global Banking and Markets.

(3)

Includes income from associated corporations for Canadian Banking – $(3), International Banking – $65,

GBM – $1, and Other –

$159.


	For the three months ended April 30, 2026
($ millions)	Canadian Banking		International Banking		Global Wealth Management		Global Banking and Markets		Other			Total
Net interest income (1)	$	2,703	$	2,094	$	306	$	389	$	29		$	5,521
Non-interest income (2)(3)		780		765		1,454		1,203		114			4,316
Total revenues		3,483		2,859		1,760		1,592		143			9,837
Provision for credit losses		575		599		4		38		1			1,217
Depreciation and amortization		142		124		47		59		38			410
Other non-interest expenses		1,478		1,246		1,069		906		80			4,779
Income tax expense		353		154		164		132		(4	)		799
Net income	$	935	$	736	$	476	$	457	$	28		$	2,632
Net income attributable to non-controlling interests in subsidiaries	$	–	$	35	$	2	$	–	$	–		$	37
Net income attributable to equity holders of the Bank	$	935	$	701	$	474	$	457	$	28		$	2,595
Average assets ($ billions)	$	475	$	211	$	41	$	568	$	222		$	1,517
Average liabilities ($ billions)	$	374	$	170	$	55	$	556	$	274		$	1,429

(1)

Interest income is reported net of interest expense as management relies primarily on net interest income as a performance measure.

(2)

(3)

Includes income from associated corporations for Canadian Banking – $(2), International Banking – $65, and Other – $159.


	For the three months ended July 31, 2025
($ millions)	Canadian Banking		International Banking		Global Wealth Management		Global Banking and Markets		Other			Total
Net interest income (1)	$	2,641	$	2,245	$	266	$	350	$	(9	)	$	5,493
Non-interest income (2)(3)		730		758		1,338		1,180		(13	)		3,993
Total revenues		3,371		3,003		1,604		1,530		(22	)		9,486
Provision for credit losses		456		562		4		19		–			1,041
Depreciation and amortization		137		119		48		65		36			405
Other non-interest expenses		1,459		1,392		982		829		22			4,684
Income tax expense		361		219		150		144		(45	)		829
Net income	$	958	$	711	$	420	$	473	$	(35	)	$	2,527
Net income attributable to non-controlling interests in subsidiaries	$	–	$	41	$	3	$	–	$	36		$	80
Net income attributable to equity holders of the Bank	$	958	$	670	$	417	$	473	$	(71	)	$	2,447
Average assets ($ billions)	$	463	$	223	$	39	$	493	$	228		$	1,446
Average liabilities ($ billions)	$	381	$	173	$	50	$	513	$	243		$	1,360

(1)

Interest income is reported net of interest expense as management relies primarily on net interest income as a performance measure.

(2)

Card revenues and Banking services fees are mainly earned in Canadian and International Banking. Mutual fund, Brokerage fees and Investment management and trust fees are primarily earned in

Glob

al Wealth Management. Underwriting and other advisory fees are predominantly earned in Global Banking and Markets.

(3)

Includes income (on a taxable equivalent basis) from associated corporations for Canadian Banking – $(2), International Banking – $39, and Other – $120.


	For the nine months ended July 31, 2026
($ millions)	Canadian Banking		International Banking		Global Wealth Management		Global Banking and Markets			Other			Total
Net interest income (1)	$	8,274	$	6,432	$	941	$	1,257		$	65		$	16,969
Non-interest income (2)(3)		2,369		2,336		4,517		4,117			(290	) (4)		13,049
Total revenues		10,643		8,768		5,458		5,374			(225	)		30,018
Provision for credit losses		1,649		1,657		14		151			1			3,472
Depreciation and amortization		415		364		138		168			108			1,193
Other non-interest expenses		4,494		3,919		3,318		2,933			187	(4)		14,851
Income tax expense		1,119		589		510		474			(74	)		2,618
Net income	$	2,966	$	2,239	$	1,478	$	1,648		$	(447	)	$	7,884
Net income attributable to non-controlling interests in subsidiaries	$	–	$	96	$	8	$	(1	)	$	(9	)	$	94
Net income attributable to equity holders of the Bank	$	2,966	$	2,143	$	1,470	$	1,649		$	(438	)	$	7,790
Average assets ($ billions)	$	475	$	215	$	42	$	577		$	224		$	1,533
Average liabilities ($ billions)	$	376	$	173	$	56	$	571		$	268		$	1,444

(1)

Interest income is reported net of interest expense as management relies primarily on net interest income as a performance measure.

(2)

(3)

Includes income from associated corporations for Canadian Banking – $(14), International Banking – $178,

GBM – $1, and Other –

$468.

(4)

Includes the loss related to the sale of the banking operations in Colombia, Costa Rica and Panama. Refer to Note 19 for further details.


	For the nine months ended July 31, 2025
($ millions)	Canadian Banking		International Banking		Global Wealth Management		Global Banking and Markets			Other			Total
Net interest income (1)	$	7,812	$	6,593	$	744	$	1,037		$	(250	)	$	15,936
Non-interest income (2)(3)		2,206		2,399		3,980		3,545			(128	)		12,002
Total revenues		10,018		8,992		4,724		4,582			(378	)		27,938
Provision for credit losses		1,799		1,714		10		77			1			3,601
Depreciation and amortization		412		364		143		194			88			1,201
Other non-interest expenses		4,376		4,223		2,906		2,469			1,515	(4)		15,489
Income tax expense		947		580		435		440			(307	)		2,095
Net income	$	2,484	$	2,111	$	1,230	$	1,402		$	(1,675	)	$	5,552
Net income attributable to non-controlling interests in subsidiaries	$	–	$	114	$	7	$	(1	)	$	(138	)	$	(18	)
Net income attributable to equity holders of the Bank	$	2,484	$	1,997	$	1,223	$	1,403		$	(1,537	)	$	5,570
Average assets ($ billions)	$	461	$	227	$	38	$	502		$	230		$	1,458
Average liabilities ($ billions)	$	383	$	175	$	47	$	513		$	255		$	1,373

(1)

Interest income is reported net of interest expense as management relies primarily on net interest income as a performance measure.

(2)

Card revenues and Banking services fees are mainly earned in Canadian Banking and International Banking. Mutual fund, Brokerage fees and Investment management and trust fees are primarily earned in Global Wealth Management. Underwriting and other advisory fees are predominantly earned in Global Banking and Markets.

(3)

Includes income (on a taxable equivalent basis) from associated corporations for Canadian Banking – $20, International Banking – $112, and Other – $297.

(4)

Includes the impairment loss related to the announced sale of the banking operations in Colombia, Costa Rica and Panama. Refer to Note 19 for further details.