Credit Risk	12 Months Ended
Credit Risk	Oct. 31, 2025
Credit Risk [Abstract]
Credit Risk	NOTE 29: CREDIT RISK Concentration of credit risk exists where a number of borrowers or counterparties are engaged in similar activities, are located in the same geographic area or have comparable economic characteristics. Their ability to meet contractual obligations may be similarly affected by changing economic, political or other conditions. The Bank’s portfolio could be sensitive to changing conditions in particular geographic regions. Concentration of Credit Risk (millions of Canadian dollars, As at except as noted) Derivative financial Loans 1,2 Credit Instruments 3,4 instruments 5,6 October 31 October 31 October 31 October 31 October 31 October 31 2025 2024 2025 2024 2025 2024 Canada 69 % 66 % 30 % 32 % 28 % 28 % United States 30 33 67 64 33 32 United Kingdom – – 1 1 9 9 Europe – other – – 2 2 22 21 Other international 1 1 – 1 8 10 Total 100 % 100 % 100 % 100 % 100 % 100 % $ 953,300 $ 949,779 $ 388,789 $ 366,706 $ 72,333 $ 69,970 Of the total loans the only industry segment which equalled or exceeded 5 % of the total concentration as at October 31, 2025 was real estate 10 % (October 31, 2024 – 10 %). 2 Includes loans that are measured at FVOCI. 3 As at October 31, 2025, the Bank had commitments and contingent liability contracts in the amount of $ 389 billion (October 31, 2024 – $ 367 billion). Included are commitments to extend credit totalling $ 340 billion (October 31, 2024 – $ 322 billion), of which the credit risk is dispersed as detailed in the table above. 4 Of the commitments to extend credit, industry segments which equalled or exceeded 5 % of the total concentration were as follows as at October 31, 2025: financial institutions 22 % (October 31, 2024 – 19 %); power and utilities 11 % (October 31, 2024 – 11 %); government, public sector entities and education 7 % (October 31, 2024 – 7 %); automotive 7 % (October 31, 2024 – 7 %); professional and other services 8 % (October 31, 2024 – 8 %); sundry manufacturing and wholesale 7 % (October 31, 2024 – 7 %); telecommunications, cable and media 5 % (October 31, 2024 – 5 %). 5 As at October 31, 2025, the current replacement cost of derivative financial instruments, excluding the impact of master netting agreements and collateral, amounted to $ 72 billion (October 31, 2024 – $ 70 billion). Based on the location of the ultimate counterparty, the credit risk was allocated as detailed in the table above. The table excludes the fair value of exchange traded derivatives. 6 The largest concentration by counterparty type was with financial institutions (including non-banking financial institutions), which accounted for 74 % of the total as at October 31, 2025 (October 31, 2024 – 66 %). The second largest concentration was with governments, which accounted for 16 % of the total as at October 31, 2025 (October 31, 2024 – 24 %). No other industry segment exceeded 5 % of the total. The following table presents the maximum exposure to credit risk of financial instruments, before taking account of any collateral held or other credit enhancements. Gross Maximum Credit Risk Exposure (millions of Canadian dollars) As at October 31 October 31 2025 2024 Cash and due from banks $ 7,512 $ 6,437 Interest-bearing deposits with banks 109,417 169,930 Securities 1 Financial assets designated at fair value through profit or loss Government and government-insured securities 3,473 3,056 Other debt securities 3,513 3,361 Trading Government and government-insured securities 43,957 46,575 Other debt securities 23,270 22,482 Retained interest 1 1 Non-trading securities at fair value through profit or loss Government and government-insured securities 333 271 Other debt securities 5,346 1,376 Securities at fair value through other comprehensive income Government and government-insured securities 101,234 78,422 Other debt securities 21,800 10,830 Debt securities at amortized cost Government and government-insured securities 182,488 205,098 Other debt securities 57,951 66,517 Securities purchased under reverse purchase agreements 247,078 208,217 Derivatives 2 82,972 78,061 Loans Residential mortgages 314,706 331,284 Consumer instalment and other personal 256,840 226,333 Credit card 39,370 38,542 Business and government 342,096 353,390 Trading loans 30,032 23,518 Non-trading loans at fair value through profit or loss 344 3,057 Loans at fair value through other comprehensive income 288 230 Amounts receivable from brokers, dealers, and clients 27,345 22,115 Other assets 12,318 12,761 Total assets 1,913,684 1,911,864 Credit instruments 3 388,789 366,706 Unconditionally cancellable commitments to extend credit 468,663 450,574 Total credit exposure $ 2,771,136 $ 2,729,144 1 Excludes equity securities. 2 The carrying amount of the derivative assets represents the maximum credit risk exposure related to derivative contracts. 3 The balance represents the maximum amount of additional funds that the Bank could be obligated to extend should the contracts be fully utilized. The actual maximum exposure may differ from the amount reported above. Refer to Note 25 for further details.