v3.26.1
Interim Condensed Consolidated Statements of Cash Flows (unaudited) - CAD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Jul. 31, 2026
Jul. 31, 2025
Cash flows from operating activities        
Net income $ 6,024 $ 5,414 $ 17,318 $ 14,935
Adjustments for non-cash items and others        
Provision for credit losses 1,000 881 3,002 3,355
Depreciation 339 318 993 962
Deferred income taxes 32 127 29 (105)
Amortization and impairment of other intangibles 401 450 1,179 1,360
(Income) loss from joint ventures and associates (27) (25) (88) (60)
Losses (gains) on investment securities (29) (18) (212) (118)
Adjustments for net changes in operating assets and liabilities        
Insurance contract liabilities 1,079 (17) 1,111 1,159
Net change in accrued interest receivable and payable 169 (1,271) 391 (1,927)
Current income taxes 243 (206) 3,284 (60)
Derivative assets (11,641) 33,188 14,820 (4,411)
Derivative liabilities 10,411 (35,482) (16,915) (4,901)
Trading securities (15,609) (15,017) (33,143) (20,854)
Loans (30,689) (18,835) (66,644) (47,070)
Assets purchased under reverse repurchase agreements and securities borrowed 2,337 36,095 (4,355) 84,971
Obligations related to assets sold under repurchase agreements and securities loaned 12,231 (15,039) 35,669 (39,034)
Obligations related to securities sold short 1,933 249 9,514 11,786
Deposits 63,027 34,691 128,957 71,946
Brokers and dealers receivable and payable (1,474) 2,965 1,443 2,876
Other (4,657) 532 (2,078) (4,805)
Net cash from (used in) operating activities 35,100 29,000 94,275 70,005
Cash flows from investing activities        
Change in interest-bearing deposits with banks (16,288) (6,854) (70) (6,804)
Proceeds from sales and maturities of investment securities 94,088 49,363 246,193 159,481
Purchases of investment securities (104,659) (79,950) (298,268) (236,975)
Net acquisitions of premises and equipment and other intangibles (743) (530) (1,799) (1,694)
Cash used in acquisitions, net of cash acquired 0   (11)  
Net cash from (used in) investing activities (27,602) (37,971) (53,955) (85,992)
Cash flows from financing activities        
Issuance of subordinated debentures   1,491 1,750 2,991
Repayment of subordinated debentures   (1,250) (2,035) (2,750)
Issue of common shares, net of issuance costs 74 20 140 54
Common shares purchased for cancellation (1,603) (955) (4,236) (1,781)
Issue of preferred shares and other equity instruments, net of issuance costs   1,698 1,351 3,084
Redemption of preferred shares and other equity instruments   (600) (1,850) (600)
Sales of treasury shares and other equity instruments 4,099 3,221 10,045 7,359
Purchases of treasury shares and other equity instruments (4,114) (3,082) (10,200) (7,378)
Dividends paid on shares and distributions paid on other equity instruments (2,414) (2,199) (7,144) (6,510)
Dividends/distributions paid to non-controlling interests (3) (12) (17) (26)
Change in short-term borrowings of subsidiaries 415 (2,068) (351)  
Repayment of lease liabilities (168) (168) (370) (493)
Net cash from (used in) financing activities (3,714) (3,904) (12,917) (6,050)
Effect of exchange rate changes on cash and due from banks 1,009 (819) (287) 241
Net change in cash and due from banks 4,793 (13,694) 27,116 (21,796)
Cash and due from banks at beginning of period 59,347 48,621 37,024 56,723
Cash and due from banks at end of period 64,140 34,927 64,140 34,927
Cash flows from operating activities include:        
Amount of interest paid 17,425 17,891 50,295 53,735
Amount of interest received 26,029 24,585 75,668 74,901
Amount of dividends received 922 988 2,870 3,038
Amount of income taxes paid (refunded) $ 1,099 $ 1,203 $ 1,996 $ 3,913