v3.26.1
Results by business segment (Tables)
 9 Months Ended
Jul. 31, 2026
Text Block [Abstract]  
Disclosure of operating segments
    
For the three months ended July 31, 2026
  
(Millions of Canadian dollars)  
Personal
Banking
    
Commercial
Banking
    
Wealth
Management
    
Insurance
    
Capital
Markets 
(1)
    
Corporate
Support 
(1)
    
Total
  
Net interest income
(2)
  
$
 
 
3,870
 
  
$
1,926
 
  
$
1,532
 
  
$
–
 
  
$
1,215
 
  
$
201
 
  
$
8,744
 
Non-interest income
  
 
1,415
 
  
 
326
 
  
 
4,880
 
  
 
328
 
  
 
2,997
 
  
 
(152
)
  
 
9,794
 
Total revenue
  
 
5,285
 
  
 
2,252
 
  
 
6,412
 
  
 
328
 
  
 
4,212
 
  
 
49
 
  
 
18,538
 
Provision for credit losses
  
 
520
 
  
 
233
 
  
 
(22
)
  
 
–
 
  
 
269
 
  
 
–
 
  
 
1,000
 
Non-interest expense
  
 
2,127
 
  
 
725
 
  
 
4,557
 
  
 
81
 
  
 
2,164
 
  
 
135
 
  
 
9,789
 
Income (loss) before income taxes
  
 
2,638
 
  
 
1,294
 
  
 
1,877
 
  
 
247
 
  
 
1,779
 
  
 
(86
)
  
 
7,749
 
Income taxes (recoveries)
  
 
715
 
  
 
358
 
  
 
435
 
  
 
50
 
  
 
235
 
  
 
(68
)
  
 
1,725
 
Net income
  
$
1,923
 
  
$
936
 
  
$
1,442
 
  
$
197
 
  
$
1,544
 
  
$
(18
)
  
$
6,024
 
Non-interest expense includes:
              
Depreciation and amortization
  
$
282
 
  
$
26
 
  
$
262
 
  
$
7
  
$
157
 
  
$
–
 
  
$
734
 
             
     For the three months ended July 31, 2025  
(Millions of Canadian dollars)  
Personal
Banking
    
Commercial
Banking
     Wealth
Management		     Insurance     Capital
Markets (1)		     Corporate
Support (1)		     Total  
Net interest income
(2)
   $ 3,698     $ 1,828     $ 1,321     $ –     $ 1,287     $ 217     $ 8,351  
Non-interest income
     1,362       324       4,192       368       2,471       (83 )      8,634  
Total revenue
     5,060       2,152       5,513       368       3,758       134       16,985  
Provision for credit losses
     444       299       (43 )      –       180       1       881  
Non-interest expense
     1,958       697       4,154       74       2,059       290       9,232  
Income (loss) before income taxes
     2,658       1,156       1,402       294       1,519       (157 )      6,872  
Income taxes (recoveries)
     720       320       306       47       191       (126 )      1,458  
Net income
   $ 1,938     $ 836     $ 1,096     $ 247     $ 1,328     $ (31 )    $ 5,414  
Non-interest expense includes:
              
Depreciation and amortization
   $ 269     $ 26     $ 303     $ 12     $ 143     $ 1     $ 754  
 
    
For the nine months ended July 31, 2026
  
(Millions of Canadian dollars)  
Personal
Banking
    
Commercial
Banking
    
Wealth
Management
    
Insurance
    
Capital
Markets 
(1)		    
Corporate
Support 
(1)		    
Total
  
Net interest income
(2)
  
$
11,416
 
  
$
5,665
 
  
$
4,415
 
  
$
–
 
  
$
3,748
 
  
$
591
 
  
$
25,835
 
Non-interest income
  
 
4,156
 
  
 
953
 
  
 
14,035
 
  
 
1,011
 
  
 
8,425
 
  
 
(464
)
  
 
28,116
 
Total revenue
  
 
15,572
 
  
 
6,618
 
  
 
18,450
 
  
 
1,011
 
  
 
12,173
 
  
 
127
 
  
 
53,951
 
Provision for credit losses
  
 
1,543
 
  
 
766
 
  
 
51
 
  
 
–
 
  
 
642
 
  
 
–
 
  
 
3,002
 
Non-interest expense
  
 
6,134
 
  
 
2,180
 
  
 
13,320
 
  
 
234
 
  
 
6,380
 
  
 
441
 
  
 
28,689
 
Income (loss) before income taxes
  
 
7,895
 
  
 
3,672
 
  
 
5,079
 
  
 
777
 
  
 
5,151
 
  
 
(314
)
  
 
22,260
 
Income taxes (recoveries)
  
 
2,140
 
  
 
1,019
 
  
 
1,157
 
  
 
149
 
  
 
645
 
  
 
(168
)
  
 
4,942
 
Net income
  
$
5,755
 
  
$
2,653
 
  
$
3,922
 
  
$
628
 
  
$
4,506
 
  
$
(146
)
  
$
17,318
 
Non-interest expense includes:
              
Depreciation and amortization
  
$
824
 
  
$
78
 
  
$
781
 
  
$
28
 
  
$
447
 
  
$
3
 
  
$
2,161
 
             
     For the nine months ended July 31, 2025  
(Millions of Canadian dollars)  
Personal
Banking
    
Commercial
Banking
     Wealth
Management		     Insurance     Capital
Markets (1)		     Corporate
Support (1)		     Total  
Net interest income
(2)
   $ 10,722     $ 5,358     $ 4,016     $ –     $ 3,480     $ 779     $ 24,355  
Non-interest income
     3,954       983       12,462       1,112       7,335       (805 )      25,041  
Total revenue
     14,676       6,341       16,478       1,112       10,815       (26 )      49,396  
Provision for credit losses
     1,586       1,177       124       –       468       –       3,355  
Non-interest expense
     5,925       2,105       12,456       241       5,985       506       27,218  
Income (loss) before income taxes
     7,165       3,059       3,898       871       4,362       (532 )      18,823  
Income taxes (recoveries)
     1,947       849       893       141       400       (342 )      3,888  
Net income
   $ 5,218     $ 2,210     $ 3,005     $ 730     $ 3,962     $ (190 )    $ 14,935  
Non-interest expense includes:
              
Depreciation and amortization
   $ 814     $ 79     $ 938     $ 34     $ 424     $ 1     $ 2,290  
 
(1)
Taxable equivalent basis.
(2)
Interest revenue is reported net of Interest expense as we rely primarily on Net interest income as a performance measure.
 
Total assets and total liabilities by bu
sin
ess segment
 
    
As at July 31, 2026
  
(Millions of Canadian dollars)  
Personal
Banking
    
Commercial
Banking
    
Wealth
Management
    
Insurance
    
Capital
Markets
    
Corporate
Support
    
Total
  
Total assets
  
$
599,293
 
  
$
201,415
 
  
$
206,404
 
  
$
33,923
 
  
$
1,342,719
 
  
$
115,063
 
  
$
2,498,817
 
Total liabilities
  
 
599,292
 
  
 
201,412
 
  
 
204,638
 
  
 
33,696
 
  
 
1,341,225
 
  
 
(26,540
)
  
 
2,353,723
 
                                           
     As at October 31, 2025  
(Millions of Canadian dollars)   Personal
Banking		    
Commercial
Banking
     Wealth
Management		     Insurance    
Capital
Markets
     Corporate
Support		     Total  
Total assets
   $ 574,456     $ 196,254     $ 196,129     $ 32,405     $ 1,223,853     $ 101,909     $ 2,325,006  
Total liabilities
     574,462       196,252       194,689       32,234       1,223,212       (34,994 )      2,185,855