Share capital (Tables)

3 Months Ended

Jan. 31, 2025

Common shares


$ millions, except number of shares, for the three months ended	2025 Jan. 31						2024 Jan. 31
	Number of shares			Amount			Number of shares			Amount
Balance at beginning of period		942,294,598		$	17,011			931,098,941		$	16,082
Issuance pursuant to:
Equity-settled share-based compensation plans		1,261,526			77			379,025			20
Shareholder investment plan (1)		629			–			5,117,729			308
Employee share purchase plan (2)		–			–			671,192			39
		943,556,753		$	17,088			937,266,887		$	16,449
Purchase of common shares for cancellation		(3,500,000	)		(63	)		–			–
Treasury shares		24,502			2			(43,542	)		(2	)
Balance at end of period		940,081,255		$	17,027			937,223,345		$	16,447

(1)

Commencing with dividends paid on January 28, 2025 and for future dividends declared until further notice, common shares received by participants under the Shareholder investment plan will be purchased from the open market, a change from issuance from Treasury. For the share purchase option, this change became effective February 1, 2025.

(2)	Commencing October 11, 2024, employee contributions to our Canadian employee share purchase plan (ESPP) were used to acquire common shares in the open market. Previously, these shares were issued from Treasury.

Schedule of Regulatory Capital and Ratios

Regulatory capital, leverage and total loss absorbing capacity (TLAC) ratios

Our capital, leverage and TLAC ratios are presented in the table below:


$ millions, as at		2025 Jan. 31			2024 Oct. 31
Common Equity Tier 1 (CET1) capital		$	46,213		$	44,516
Tier 1 capital	A		51,574			49,481
Total capital			59,114			56,809
Total risk-weighted assets (RWA)	B		341,930			333,502
CET1 ratio			13.5	%		13.3	%
Tier 1 capital ratio			15.1	%		14.8	%
Total capital ratio			17.3	%		17.0	%
Leverage ratio exposure	C	$	1,205,520		$	1,155,432
Leverage ratio	A/C		4.3	%		4.3	%
TLAC available	D	$	107,533		$	101,062
TLAC ratio	D/B		31.4	%		30.3	%
TLAC leverage ratio	D/C		8.9	%		8.7	%