Equity (Tables)	12 Months Ended
Equity (Tables)	Oct. 31, 2025
Equity Disclosure [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 years ended October 31, 2025 and October 31, 2024. Shares and Other Equity Instruments Issued and Outstanding and Treasury Instruments Held (thousands of shares or other equity instruments and millions of Canadian dollars) October 31, 2025 October 31, 2024 Number Number of shares Amount of shares Amount Common Shares Balance as at beginning of year 1,750,272 $ 25,373 1,791,422 $ 25,434 Proceeds from shares issued on exercise of stock options 2,260 165 1,657 112 Shares issued as a result of dividend reinvestment plan 1,575 130 6,592 529 Purchase of shares for cancellation and other (64,611) (941) (49,399) (702) Balance as at end of year – common shares 1,689,496 $ 24,727 1,750,272 $ 25,373 Preferred Shares and Other Equity Instruments Preferred Shares – Class A Series 1 20,000 $ 500 20,000 $ 500 Series 5 1 – – 20,000 500 Series 7 2 – – 14,000 350 Series 9 3 – – 8,000 200 Series 16 14,000 350 14,000 350 Series 18 14,000 350 14,000 350 Series 27 850 850 850 850 Series 28 800 800 800 800 49,650 $ 2,850 91,650 $ 3,900 Other Equity Instruments 4 Limited Recourse Capital Notes – Series 1 1,750 $ 1,750 1,750 $ 1,750 Limited Recourse Capital Notes – Series 2 1,500 1,500 1,500 1,500 Limited Recourse Capital Notes – Series 3 5 1,750 2,403 1,750 2,403 Limited Recourse Capital Notes – Series 4 5 750 1,023 750 1,023 Limited Recourse Capital Notes – Series 5 750 750 – – Limited Recourse Capital Notes – Series 6 5 750 1,037 – – Perpetual Subordinated Capital Notes – Series 2023-9 6 1 312 1 312 7,251 8,775 5,751 6,988 Balance as at end of year – preferred shares and other equity instruments 56,901 $ 11,625 97,401 $ 10,888 Treasury – common shares 7 Balance as at beginning of year 213 $ (17) 748 $ (64) Purchase of shares 145,166 (13,094) 139,135 (11,209) Sale of shares (145,379) 13,111 (139,670) 11,256 Balance as at end of year – treasury – common shares – $ – 213 $ (17) Treasury – preferred shares and other equity instruments 7 Balance as at beginning of year 163 $ (18) 142 $ (65) Purchase of shares and other equity instruments 4,614 (1,535) 6,556 (625) Sale of shares and other equity instruments (4,748) 1,549 (6,535) 672 Balance as at end of year – treasury – preferred shares and other equity instruments 29 $ (4) 163 $ (18) 1 On January 31, 2025, the Bank redeemed all of its 20 million outstanding Non-Cumulative 5-Year Rate Reset Class A First Preferred Shares NVCC, Series 5 (“Series 5 Preferred Shares”), at a redemption price of $ 25.00 per Series 5 Preferred Share, for a total redemption cost of approximately $ 500 million. 2 On July 31, 2025, the Bank redeemed all of its 14 million outstanding Non-Cumulative 5-Year Rate Reset Class A First Preferred Shares NVCC, Series 7 (“Series 7 Preferred Shares”), at a redemption price of $ 25.00 per Series 7 Preferred Share, for a total redemption cost of approximately $ 350 million. 3 On October 31, 2025, the Bank redeemed all of its 8 million outstanding Non-Cumulative 5-Year Rate Reset Class A First Preferred Shares NVCC, Series 9 (“Series 9 Preferred Shares”), at a redemption price of $ 25.00 per Series 9 Preferred Share, for a total redemption cost of approximately $ 200 million. 4 For Other Equity Instruments, the number of shares represents the number of notes issued. 5 For LRCNs – Series 3, 4, and 6, the amount represents the Canadian dollar equivalent of the U.S. dollar notional amount. Refer to “Preferred Shares and Other Equity Instruments – Significant Terms and Conditions” table for further details. 6 For Perpetual Subordinated Capital Notes (AT1), the amount represents the Canadian dollar equivalent of the Singapore dollar notional amount. Refer to “Preferred Shares and Other Equity Instruments – Significant Terms and Conditions” table for further details. 7 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. Preferred Shares and Other Equity Instruments – Significant Terms and Conditions Annual Dividend Reset Next redemption/ Convertible Issue date yield (%) 1 frequency 1 spread (%) 1 conversion date 1,2 into 1,2 NVCC Rate Reset Preferred Shares Series 1 June 4, 2014 4.970 Quarterly 2.240 October 31, 2029 Series 2 Series 16 July 14, 2017 6.301 Quarterly 3.010 October 31, 2027 Series 17 Series 18 March 14, 2018 5.747 Quarterly 2.700 April 30, 2028 Series 19 Series 27 April 4, 2022 5.750 Semi-annual 3.317 October 31, 2027 – Series 28 July 25, 2022 7.232 Semi-annual 4.200 October 31, 2027 – Annual Coupon Reset Next redemption Recourse to Issue date yield (%) frequency spread (%) date Preferred Shares 3 Other Equity Instruments Perpetual Subordinated Capital Notes 4 July 10, 2024 5.700 Semi-annual 2.652 July 31, 2029 n/a NVCC Limited Recourse Capital Notes 5 Series 1 July 29, 2021 3.600 Semi-annual 2.747 October 31, 2026 Series 26 Series 2 September 14, 2022 7.283 Semi-annual 4.100 October 31, 2027 Series 29 Series 3 6 October 17, 2022 8.125 Quarterly 4.075 October 31, 2027 Series 30 Series 4 6 July 3, 2024 7.250 Quarterly 2.977 July 31, 2029 Series 31 Series 5 December 18, 2024 5.909 Quarterly 3.100 January 1, 2030 Series 32 Series 6 6 September 23, 2025 6.350 Quarterly 2.721 October 31, 2030 Series 33 1 Non-cumulative preferred dividends for each series are payable as and when declared by the Board of Directors. Unless redeemed, the dividend rate of the Rate Reset Preferred Shares will reset on the next earliest optional redemption/conversion date and every 5 years thereafter to equal the then 5 -year Government of Canada bond yield plus the noted reset spread. If converted into a series of floating rate preferred shares, the dividend rate for the quarterly period will be equal to the then 90 -day Government of Canada Treasury bill yield plus the noted reset spread unless otherwise stated. 2 Subject to regulatory consent and unless otherwise stated, preferred shares are redeemable on the next earliest optional redemption date as noted and every 5 years thereafter. Preferred Shares, except Series 27 and Series 28, are convertible into the corresponding series of floating rate preferred shares on the conversion date noted and every 5 years thereafter if not redeemed. If converted, the holders have the option to convert back to the original series of preferred shares every 5 years. 3 LRCN Preferred Share Series 26, Series 29, and Series 32 were issued at a price of $ 1,000 per share and LRCN Preferred Share Series 30, Series 31, and Series 33 were issued at a price of US$ 1,000 per share. The LRCN Preferred Shares are eliminated on the Bank’s Consolidated Balance Sheet. 4 Perpetual Subordinated Capital Notes are denominated in Singapore dollars. Unless redeemed, the interest rate on Perpetual Subordinated Capital Notes will reset on the next interest reset date and every 5 years thereafter to a rate equal to the then prevailing 5 -year SORA-OIS Rate plus the noted reset spread. 5 LRCNs may be redeemed at the option of the Bank, with the prior written approval of OSFI, in whole or in part on prior notice by the Bank as of the earliest redemption date and each optional redemption date thereafter. Unless redeemed or otherwise stated, the interest rate on the LRCNs will reset on the next earliest optional redemption date and every 5 years thereafter at a rate equal to the then 5 -year Government of Canada bond yield plus the noted reset spread. 6 LRCN Series 3, 4, and 6 are denominated in U.S. dollars. Unless redeemed, the interest rate on LRCN Series 3, 4, and 6 will reset on the next interest reset date and every 5 years thereafter to equal the then 5 -year U.S. Treasury yield plus the noted reset spread.