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Consolidated statement of comprehensive income - CAD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jul. 31, 2025
Apr. 30, 2025
Jul. 31, 2024
Jul. 31, 2025
Jul. 31, 2024
Statement of comprehensive income [abstract]          
Net income $ 2,096 $ 2,007 $ 1,795 $ 6,274 $ 5,272
Net foreign currency translation adjustments          
Net gains (losses) on investments in foreign operations 295 (3,061) 161 (313) (198)
Net gains (losses) on hedges of investments in foreign operations (215) 1,897 (111) 111 72
Other comprehensive income, net of tax, exchange differences on translation 80 (1,164) 50 (202) (126)
Net change in debt securities measured at FVOCI          
Net gains (losses) on debt securities measured at FVOCI 159 (17) 2 252 183
Net (gains) losses reclassified to net income (4) (6) (1) (19) (32)
Other comprehensive income, net of tax, debt securities 155 (23) 1 233 151
Net change in cash flow hedges          
Net gains (losses) on derivatives designated as cash flow hedges (343) 472 1,270 455 1,767
Net (gains) losses reclassified to net income (202) (194) (274) (431) (482)
Other comprehensive income, net of tax, cash flow hedges (545) 278 996 24 1,285
OCI, net of income tax, that is not subject to subsequent reclassification to net income          
Net gains (losses) on post-employment defined benefit plans 53 (47) 172 25 107
Net gains (losses) due to fair value change of fair value option (FVO) liabilities attributable to changes in credit risk (167) 157 59 (12) (197)
Net gains (losses) on equity securities designated at FVOCI 4 12 (2) 19 (12)
OCI, net of income tax, that will not be reclassified to profit or loss, net of tax (110) 122 229 32 (102)
Total other comprehensive income (loss)  [1] (420) (787) 1,276 87 1,208
Comprehensive income 1,676 1,220 3,071 6,361 6,480
Comprehensive income attributable to non-controlling interests 2 9 9 19 31
Preferred shareholders and other equity instrument holders 82 78 63 248 191
Common shareholders 1,592 1,133 2,999 6,094 6,258
Comprehensive income attributable to equity shareholders 1,674 1,211 3,062 6,342 6,449
Net foreign currency translation adjustments          
Net gains (losses) on investments in foreign operations (5) 79 (4) 11 7
Net gains (losses) on hedges of investments in foreign operations (13) (216) 5 (77) (13)
Income tax (expense) benefit relating to exchange differences on translation of other comprehensive income (18) (137) 1 (66) (6)
Net change in debt securities measured at FVOCI          
Net gains (losses) on debt securities measured at FVOCI (51) 17 9 (45) (25)
Net (gains) losses reclassified to net income 1 2   6 12
Income tax (expense) benefit relating to debt securities of other comprehensive income (50) 19 9 (39) (13)
Net change in cash flow hedges          
Income tax (expense) benefit, Net gains (losses) on derivatives designated as cash flow hedges 132 (181) (489) (175) (680)
Net (gains) losses reclassified to net income 78 74 106 166 186
Income tax (expense) benefit relating to cash flow hedges of other comprehensive income 210 (107) (383) (9) (494)
Not subject to subsequent reclassification to net income          
Net gains (losses) on post-employment defined benefit plans (22) 19 (66) (11) (40)
Net gains (losses) due to fair value change of FVO liabilities attributable to changes in credit risk 64 (60) (23) 4 75
Net gains (losses) on equity securities designated at FVOCI (1) (5) 1 (7) 4
Income tax (expense) benefit, Net gains (losses) not subject to subsequent reclassification to net income 41 (46) (88) (14) 39
Income tax (expense) benefit relating to components of other comprehensive income $ 183 $ (271) $ (461) $ (128) $ (474)
[1] Includes $10 million of gains for the quarter ended July 31, 2025 (April 30, 2025: $20 million of gains; July 31, 2024: $14 million of gains), and $27 million of gains for the nine months ended July 31, 2025 (July 31, 2024: $68 million of gains), relating to our investments in equity-accounted associates and joint ventures.