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Goodwill and Intangible Assets (Tables)
 12 Months Ended
Oct. 31, 2025
Text Block [Abstract]  
Summary of Continuity of Goodwill By Group of CGUs
A continuity of our goodwill by group of CGUs for the years ended October 31, 2025 and 2024 is as follows:

 
(Canadian $ in millions)
  
  
 
 
  
 
 
  
 
  
  
Canadian P&C
 
 
U.S. Banking
 
 
Wealth and Asset
Management
 
 
Insurance
 
 
Total Wealth
Management
 
 
Capital Markets
 
 
Total
 
Balance at October 31, 2023
    $      330     $   15,610     $       258     $
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 2     $    260     $       528     $   16,728  
Foreign exchange and other
      –       45       –       –       –       1       46  
Balance at October 31, 2024
      330       15,655       258       2       260       529       16,774  
Write-downs
     
–
 
 
 
(102
) 
(1)
 
 
 
–
 
 
 
–
 
 
 
–
 
 
 
–
 
 
 
(102
) 
Foreign exchange and other
   
 
–
 
  
 
122
 
  
 
–
 
  
 
–
 
  
 
–
 
  
 
3
 
  
 
125
 
Balance at October 31, 2025
   
$
330
  
$
15,675
 
$
258
 
$
2
  
$
260
 
$
532
  
$
16,797
 
 
  (1)
Relates to the sale of certain U.S. branches. Refer to Note 9.
Certain comparative figures have been reclassified to conform with the current year’s presentation.
Summary of Intangible Assets
The total cost and associated accumulated amortization of our intangible
assets
are set out below:

 
(Canadian $ in millions)
  
Customer
relationships
 
 
Core deposits
 
  
Software –
amortizing
 
 
Software under
development
 
 
Other
 
 
Total
 
Cost
               
Balance at October 31, 2023
    $        850      $ 3,553      $ 7,071     $ 324     $ 572     $ 12,370  
Additions
      –        –        22       782       48       852  
Transfers
      –        –        688       (688 )      –       –  
Fully amortized intangibles
      –        –        (1,696 )      –       (33 )      (1,729 ) 
Foreign exchange and other
      2        10        11       (1 )      1       23  
Balance at October 31, 2024
      852        3,563        6,096
 (1)
 		     417       588       11,516  
Additions
   
 
–
 
   
 
–
 
   
 
71
 
  
 
938
 
  
 
39
 
  
 
1,048
 
Transfers
   
 
–
 
   
 
–
 
   
 
821
 
  
 
(821
)
  
 
–
 
  
 
–
 
Fully amortized intangibles
   
 
(16
)
   
 
–
 
   
 
(673
)
  
 
–
 
  
 
(91
)
  
 
(780
)
Foreign exchange and other
   
 
–
 
   
 
28
 
   
 
12
 
  
 
(2
)
  
 
3
 
  
 
41
 
Balance at October 31, 2025
   
$
836
 
   
$
3,591
 
   
$
6,327
 (1)
 		  
$
532
 
  
$
539
 
  
$
11,825
 
Accumulated Amortization
               
Balance at October 31, 2023
    $ 487      $ 1,295      $ 5,073     $ –     $ 299     $ 7,154  
Amortization
      62        342        676       –       32       1,112  
Write-downs
      4        –        22       –       –       26  
Fully amortized intangibles
      –        –        (1,696 )      –       (33 )      (1,729 ) 
Foreign exchange and other
      3        10        15       –       –       28  
Balance at October 31, 2024
      556        1,647        4,090
 (1)
 		     –       298       6,591  
Amortization
   
 
70
 
   
 
305
 
   
 
739
 
  
 
–
 
  
 
38
 
  
 
1,152
 
Write-downs
   
 
14
 
   
 
–
 
   
 
13
 
  
 
–
 
  
 
49
 
  
 
76
 
Fully amortized intangibles
   
 
(16
)
   
 
–
 
   
 
(673
)
  
 
–
 
  
 
(91
)
  
 
(780
)
Foreign exchange and other
   
 
(1
)
   
 
13
 
   
 
15
 
  
 
–
 
  
 
1
 
  
 
28
 
Balance at October 31, 2025
   
$
623
 
   
$
1,965
 
   
$
4,184
 (1)
 		  
$
–
 
  
$
295
 
  
$
7,067
 
Net Carrying Value
               
Balance at October 31, 2025
   
$
213
 
   
$
1,626
 
   
$
2,143
 
  
$
532
 
  
$
244
 
  
$
4,758
 
Balance at October 31, 2024
      296              1,916              2,006             417             290             4,925  
 
  (1)
Includes internally generated software of $5,752 million in cost and $3,760 million in accumulated amortization as at October 31, 2025 ($5,466 million in cost and $3,653 million in accumulated amortization as at October 31, 2024).