v3.26.1
Equity (Tables)
 9 Months Ended
Jul. 31, 2026
Equity [Abstract]  
Summary of Classes of Share Capital
The following table summarizes the changes
 
to the shares and other equity instruments
 
issued and outstanding,
 
and treasury instruments held as at and
 
for the
three and nine months ended July 31, 2026 and
 
July 31, 2025.
Shares and Other Equity Instruments
 
Issued and Outstanding and Treasury Instruments
 
Held
(thousands of shares or other equity instruments
and millions of Canadian dollars)
For the three months ended
For the nine months ended
 
July 31, 2026
July 31, 2025
July 31, 2026
July 31, 2025
Number
Number
Number
Number
of shares
Amount
of shares
Amount
of shares
Amount
of shares
Amount
Common Shares
Balance as at beginning of period
1,652,420
$
24,309
1,722,791
$
25,136
1,689,496
$
24,727
1,750,272
$
25,373
Proceeds from shares issued on exercise
of stock options
580
52
852
62
2,276
202
1,797
131
Shares issued as a result of dividend
reinvestment plan
–
–
–
–
–
–
1,575
130
Purchase of shares for cancellation and other
(14,489)
(212)
(15,530)
(227)
(53,261)
(780)
(45,531)
(663)
Balance as at end of period – common shares
1,638,511
$
24,149
1,708,113
$
24,971
1,638,511
$
24,149
1,708,113
$
24,971
Preferred Shares and Other Equity Instruments
Preferred Shares – Class A
Balance as at beginning of period
49,650
$
2,850
71,650
$
3,400
49,650
$
2,850
91,650
$
3,900
Redemption of shares
–
–
(14,000)
(350)
–
–
(34,000)
(850)
Balance as at end of period
49,650
$
2,850
57,650
$
3,050
49,650
$
2,850
57,650
$
3,050
Other Equity Instruments
1
Balance as at beginning of period
7,251
$
8,775
6,501
$
7,738
7,251
$
8,775
5,751
$
6,988
Issue of limited recourse capital notes
1,250
1,250
–
–
1,250
1,250
750
750
Balance as at end of period
8,501
$
10,025
6,501
$
7,738
8,501
$
10,025
6,501
$
7,738
Balance as at end of period – preferred
 
shares
and other equity instruments
58,151
$
12,875
64,151
$
10,788
58,151
$
12,875
64,151
$
10,788
Treasury – common shares
2
Balance as at beginning of period
369
$
(60)
313
$
(26)
–
$
–
213
$
(17)
Purchase of shares
 
18,436
(2,949)
33,496
(3,222)
67,352
(9,162)
112,437
(9,606)
Sale of shares
(18,691)
2,990
(32,900)
3,156
(67,238)
9,143
(111,741)
9,531
Balance as at end of period – treasury
– common shares
114
$
(19)
909
$
(92)
114
$
(19)
909
$
(92)
Treasury – preferred shares and
other equity instruments
2
Balance as at beginning of period
25
$
(14)
141
$
(28)
29
$
(4)
163
$
(18)
Purchase of shares and other equity instruments
 
1,671
(2,022)
705
(73)
2,240
(2,537)
4,147
(1,460)
Sale of shares and other equity instruments
(1,595)
1,990
(779)
99
(2,168)
2,495
(4,243)
1,476
Balance as at end of period – treasury
– preferred shares and other equity
 
instruments
101
$
(46)
67
$
(2)
101
$
(46)
67
$
(2)
For Other Equity Instruments, the number of shares represents the number of notes issued.
2
 
When the Bank purchases its own equity instruments as part of its trading business, they are classified as treasury
 
instruments and the cost of these instruments is recorded as a
reduction in equity.