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Consolidated Statement of Income
$ in Millions
12 Months Ended
Oct. 31, 2025
CAD ($)
$ / shares
Oct. 31, 2024
CAD ($)
$ / shares
Interest, Dividend and Fee Income    
Loans $ 38,747 $ 40,069
Securities (Note 2) [1] 15,862 15,038
Securities borrowed or purchased under resale agreements 6,072 6,843
Deposits with banks 2,856 4,035
Interest, Dividend and Fee Income 63,537 65,985
Interest Expense    
Deposits 29,255 34,580
Securities sold but not yet purchased and securities lent or sold under repurchase agreements 9,064 8,907
Subordinated debt 456 456
Other liabilities (Note 13) 3,275 2,574
Interest Expense 42,050 46,517
Net Interest Income 21,487 19,468
Non-Interest Revenue    
Securities commissions and fees 1,169 1,106
Deposit and payment service charges 1,791 1,626
Trading revenues (Note 17) 2,584 2,377
Lending fees 1,342 1,464
Card fees 831 847
Investment management and custodial fees 2,339 2,056
Mutual fund revenues 1,495 1,324
Underwriting and advisory fees 1,703 1,399
Securities gains, other than trading (Note 2) 287 200
Foreign exchange gains, other than trading 271 263
Insurance service results (Note 14) 421 340
Insurance investment results (Note 14) 124 105
Share of profit in associates and joint ventures 175 207
Other revenues 255 13
Non-Interest Revenue 14,787 13,327
Total Revenue 36,274 32,795
Provision for Credit Losses (Note 3) 3,617 3,761
Non-Interest Expense    
Employee compensation (Notes 20 and 21) 12,018 10,872
Premises and equipment (Note 8) 4,468 4,117
Amortization of intangible assets (Note 10) 1,152 1,112
Advertising and business development 806 837
Communications 342 388
Professional fees 678 583
Association, clearing and annual regulator fees 302 321
Other 1,341 1,269
Non-Interest Expense 21,107 19,499
Income (loss) before taxes and non-controlling interest in subsidiaries 11,550 9,535
Provision for income taxes (Note 22) 2,825 2,208
Net Income 8,725 7,327
Attributable to:    
Bank shareholders 8,709 7,318
Non-controlling interest in subsidiaries 16 9
Net Income $ 8,725 $ 7,327
Earnings Per Common Share (Canadian $) (Note 23)    
Basic | $ / shares $ 11.46 $ 9.52
Diluted | $ / shares 11.44 9.51
Common shares [member]    
Earnings Per Common Share (Canadian $) (Note 23)    
Dividends per common share | (per share) $ 6.44 $ 6.12
[1] Includes interest income on securities measured at fair value through other comprehensive income (FVOCI) and amortized cost, calculated using the effective interest rate method, of $7,136 million for the year ended October 31, 2025 ($7,826 million in 2024).