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Consolidated Statement of Cash Flows - CAD ($)
$ in Millions
 12 Months Ended
Oct. 31, 2025
Oct. 31, 2024
Cash flows from operating activities    
Net income $ 7,758 $ 7,892
Adjustment for:    
Net interest income [1] (21,522) (19,252)
Depreciation and amortization 1,604 1,760
Provision for credit losses 4,714 4,051
Impairment on investments in associates   343
Equity-settled share-based payment expense 15 13
Net gain on sale of investment securities (71) (48)
Net (gain)/loss on divestitures 1,386 136
Net income from investments in associated corporations (608) (198)
Income tax expense 2,751 2,032
Changes in operating assets and liabilities:    
Trading assets (20,462) (11,370)
Securities purchased under resale agreements and securities borrowed (4) 108
Loans (6,591) (17,712)
Deposits 19,533 (816)
Obligations related to securities sold short 2,721 (1,690)
Obligations related to securities sold under repurchase agreements and securities lent (4,048) 28,753
Net derivative financial instruments 6,490 4,159
Other, net (5,568) 457
Interest and dividends received 58,086 61,292
Interest paid (37,197) (42,273)
Income tax paid (3,580) (1,985)
Net cash from/(used in) operating activities 5,407 15,652
Cash flows from investing activities    
Interest-bearing deposits with financial institutions (344) 25,557
Purchase of investment securities (70,096) (108,281)
Proceeds from sale and maturity of investment securities 75,455 76,794
Acquisition/divestiture of subsidiaries, associated corporations or business units, net of cash acquired (2,637)  
Property and equipment, net of disposals (347) (489)
Other, net (463) (1,031)
Net cash from/(used in) investing activities 1,568 (7,450)
Cash flows from financing activities    
Proceeds from issue of subordinated debentures   1,000
Redemption of subordinated debentures (250) (3,250)
Proceeds from preferred shares and other equity instruments issued 2,848 1,004
Redemption of preferred shares and other equity instruments (1,688) (300)
Proceeds from common shares issued 210 1,945
Common shares purchased for cancellation (895)  
Cash dividends and distributions paid (5,875) (5,670)
Distributions to non-controlling interests (82) (88)
Payment of lease liabilities (298) (303)
Other, net (278) (3,176)
Net cash from/(used in) financing activities (6,308) (8,838)
Effect of exchange rate changes on cash and cash equivalents 183 (131)
Net change in cash and cash equivalents 850 (767)
Cash and cash equivalents at beginning of year [2] 9,406 10,173
Cash and cash equivalents at end of year [2] $ 10,256 $ 9,406
[1] Interest income is reported net of interest expense as management relies primarily on net interest income as a performance measure.
[2] Represents cash and non-interest-bearing deposits with financial institutions (refer to Note 5).