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Consolidated statement of income - CAD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Jul. 31, 2025
Apr. 30, 2025
Jul. 31, 2024
Jul. 31, 2025
Jul. 31, 2024
Interest income (Note 14)          
Loans [1] $ 7,976 $ 7,685 $ 8,726 $ 23,957 $ 25,257
Securities [1] 2,260 2,230 2,482 6,830 7,167
Securities borrowed or purchased under resale agreements [1] 1,307 1,341 1,528 4,038 4,370
Deposits with banks and other [1] 546 603 711 1,842 2,160
Interest income [1] 12,089 11,859 13,447 36,667 38,954
Interest expense (Note 14)          
Deposits 6,090 6,110 7,713 19,106 23,000
Securities sold short 135 156 156 424 462
Securities lent or sold under repurchase agreements 1,619 1,608 1,769 4,897 4,615
Subordinated indebtedness 106 101 134 314 390
Other 91 96 143 289 425
Interest expense 8,041 8,071 9,915 25,030 28,892
Net interest income 4,048 3,788 3,532 11,637 10,062
Non-interest income          
Underwriting and advisory fees 291 198 165 670 525
Deposit and payment fees 257 241 249 744 708
Credit fees 253 248 303 746 1,001
Card fees 105 88 97 307 309
Investment management and custodial fees 555 538 508 1,646 1,454
Mutual fund fees 493 475 452 1,499 1,331
Income from insurance activities, net 71 81 87 236 271
Commissions on securities transactions 132 125 109 394 302
Gains (losses) from financial instruments measured/designated at fair value through profit or loss (FVTPL), net 859 997 869 3,017 2,399
Gains (losses) from debt securities measured at fair value through other comprehensive income (FVOCI) and amortized cost, net (25) 9 3 (3) 49
Foreign exchange other than trading (FXOTT) 99 87 99 283 293
Income (loss) from equity-accounted associates and joint ventures 29 36 20 91 61
Other 87 111 111 290 224
Non-interest income 3,206 3,234 3,072 9,920 8,927
Total revenue 7,254 7,022 6,604 21,557 18,989
Provision for credit losses (Note 6) 559 605 483 1,737 1,582
Non-interest expenses          
Employee compensation and benefits 2,377 2,255 2,095 6,909 6,054
Occupancy costs 204 202 197 607 622
Computer, software and office equipment 732 691 722 2,119 1,996
Communications 99 104 91 299 273
Advertising and business development 97 92 78 277 241
Professional fees 68 63 67 196 183
Business and capital taxes 30 27 31 93 94
Other (Notes 13) 369 385 401 1,173 1,185
Non-interest expenses 3,976 3,819 3,682 11,673 10,648
Income before income taxes 2,719 2,598 2,439 8,147 6,759
Income taxes 623 591 644 1,873 1,487
Net income 2,096 2,007 1,795 6,274 5,272
Net income attributable to non-controlling interests 2 9 9 19 31
Preferred shareholders and other equity instrument holders 82 78 63 248 191
Common shareholders 2,012 1,920 1,723 6,007 5,050
Net income attributable to equity shareholders $ 2,094 $ 1,998 $ 1,786 $ 6,255 $ 5,241
Earnings per share (in dollars) (Note 12)          
Basic $ 2.16 $ 2.05 $ 1.83 $ 6.41 $ 5.39
Diluted 2.15 2.04 1.82 6.37 5.38
Dividends per common share (in dollars) $ 0.97 $ 0.97 $ 0.9 $ 2.91 $ 2.7
[1] Interest income included $11.0 billion for the quarter ended July 31, 2025 (April 30, 2025: $10.7 billion; July 31, 2024: $12.4 billion) and $33.3 billion for the nine months ended July 31, 2025 (July 31, 2024: $36.3 billion), calculated based on the effective interest rate method.