Offsetting Financial Assets and Financial Liabilities	12 Months Ended
Offsetting Financial Assets and Financial Liabilities	Oct. 31, 2025
Offsetting of Financial Assets and Financial Liabilities [Abstract]
Offsetting Financial Assets and Financial Liabilities	NOTE 6: OFFSETTING FINANCIAL ASSETS AND FINANCIAL LIABILITIES The Bank enters into netting agreements with counterparties (such as clearing houses) to manage the credit risks associated primarily with repurchase and reverse repurchase transactions, securities borrowing and lending transactions, and OTC and exchange-traded derivatives. These netting agreements and similar arrangements generally allow the counterparties to set-off liabilities against available assets received. The right to set-off is a legal right to settle or otherwise eliminate all or a portion of an amount due by applying against that amount an amount receivable from the other party. These agreements effectively reduce the Bank’s credit exposure by what it would have been if those same counterparties were liable for the gross exposure on the same underlying contracts. Netting arrangements are typically constituted by a master netting agreement which specifies the general terms of the agreement between the counterparties, including information on the basis of the netting calculation, types of collateral, and the definition of default and other termination events for transactions executed under the agreement. The master netting agreements contain the terms and conditions by which all (or as many as possible) relevant transactions between the counterparties are governed. Multiple individual transactions are subsumed under this general master netting agreement, forming a single legal contract under which the counterparties conduct their relevant mutual business. In addition to the mitigation of credit risk, placing individual transactions under a single master netting agreement that provides for netting of transactions in scope also helps to mitigate settlement risks associated with transacting in multiple jurisdictions or across multiple contracts. These arrangements include clearing agreements, global master repurchase agreements, and global master securities lending agreements. In the normal course of business, the Bank enters into contracts to buy and sell goods and services from various suppliers. Some of these contracts may have netting provisions that allow for the offset of various trade payables and receivables in the event of default of one of the parties. While these are not disclosed in the following table, the gross amount of all payables and receivables to and from the Bank’s vendors is disclosed in Note 15 in accounts receivable and other items, and in Note 17 in accounts payable, accrued expenses, and other items. The Bank also enters into regular way purchases and sales of stocks and bonds. Some of these transactions may have netting provisions that allow for the offset of broker payables and broker receivables related to these purchases and sales. While these are not disclosed in the following table, the amount of receivables are presented in amounts receivable from brokers, dealers, and clients, and payables are disclosed in amounts payable to brokers, dealers, and clients. The following table provides a summary of the financial assets and liabilities which are subject to enforceable master netting agreements and similar arrangements, including amounts not otherwise set-off on the Consolidated Balance Sheet, as well as financial collateral received to mitigate credit exposures for these financial assets and liabilities. The gross financial assets and liabilities are reconciled to net amounts and are presented within the associated line on the Consolidated Balance Sheet, after transactions with the same counterparties have been offset. Related amounts and collateral received that are not offset on the Consolidated Balance Sheet but are otherwise subject to the same enforceable netting agreements and similar arrangements, are then presented to arrive at a net amount. Offsetting Financial Assets and Financial Liabilities (millions of Canadian dollars) As at October 31, 2025 Amounts subject to an enforceable master netting agreement or similar arrangement that are not offset in the Consolidated Balance Sheet 1,2 Gross amounts Gross amounts of recognized of recognized Net amount financial financial of financial Amounts instruments instruments instruments subject to an before offset in the presented in the enforceable balance sheet Consolidated Consolidated master netting netting Balance Sheet Balance Sheet agreement Collateral Net Amount Financial Assets Derivatives $ 84,781 $ 1,809 $ 82,972 $ 45,857 $ 15,132 $ 21,983 Securities purchased under reverse repurchase agreements 266,189 19,111 247,078 21,509 216,312 9,257 Total 350,970 20,920 330,050 67,366 231,444 31,240 Financial Liabilities Derivatives 81,165 1,809 79,356 45,857 28,537 4,962 Obligations related to securities sold under repurchase agreements 240,261 19,111 221,150 21,509 198,524 1,117 Total $ 321,426 $ 20,920 $ 300,506 $ 67,366 $ 227,061 $ 6,079 October 31, 2024 Financial Assets Derivatives $ 79,949 $ 1,888 $ 78,061 $ 42,849 $ 14,214 $ 20,998 Securities purchased under reverse repurchase agreements 225,475 17,258 208,217 20,904 184,116 3,197 Total 305,424 19,146 286,278 63,753 198,330 24,195 Financial Liabilities Derivatives 70,256 1,888 68,368 42,849 19,903 5,616 Obligations related to securities sold under repurchase agreements 219,158 17,258 201,900 20,904 179,318 1,678 Total $ 289,414 $ 19,146 $ 270,268 $ 63,753 $ 199,221 $ 7,294 1 Excess collateral as a result of overcollateralization has not been reflected in the table. 2 Includes amounts where the contractual set-off rights are subject to uncertainty under the laws of the relevant jurisdiction.