Provisions, Contingent Liabilities, Commitments, Guarantees, Pledged Assets, and Collateral (Tables)

12 Months Ended

Oct. 31, 2025

Provisions, Contingent Liabilities, Commitments, Guarantees, Pledged Assets, And Collateral [Abstract]

Summary of Bank's Provisions

The following table summarizes the Bank’s provisions recorded in other liabilities.

Provisions

(millions of Canadian dollars)

Legal, Regulatory,

Restructuring

and Other

Total

Balance as at November 1, 2024

$

236

$

2,396

$

2,632

Additions

701

143

844

Amounts used

(492)

(2,272)

(2,764)

Release of unused amounts

(15)

(55)

(70)

Foreign currency translation adjustments and other

(12)

53

41

Balance as at October 31, 2025, before allowance for

credit losses for off-balance sheet instruments

$

418

$

265

$

683

Add: Allowance for credit losses for off-balance sheet instruments

1

1,052

Balance as at October 31, 2025

$

1,735

Refer to Note 8 for further details.

Summary of Credit Instruments

The values of credit instruments reported as follows represent the maximum amount of additional credit that the Bank could be obligated to extend should

contracts be fully utilized.

Credit Instruments

(millions of Canadian dollars)

As at

October 31

October 31

2025

2024

Financial and performance standby letters of credit

$

48,348

$

44,463

Documentary and commercial letters of credit

321

337

Commitments to extend credit

1

Original term-to-maturity of one year or less

96,042

76,060

Original term-to-maturity of more than one year

244,078

245,846

Total

$

388,789

$

366,706

1

 Commitments to extend credit exclude personal lines of credit and credit card lines, which are unconditionally cancellable at the Bank’s discretion at any time.

Details of Assets Pledged Against Liabilities and Collateral Assets Held or Re-pledged

Details of assets pledged against liabilities and collateral assets held or repledged are shown in the following table:

Sources and Uses of Pledged Assets and Collateral

(millions of Canadian dollars)

As at

October 31

October 31

2025

2024

Sources of pledged assets and collateral

Bank assets

Interest-bearing deposits with banks

$

5,700

$

6,161

Loans

213,125

205,337

Securities

236,430

240,425

Other assets

262

238

455,517

452,161

Third-party assets

1

Collateral received and available for sale or repledging

439,278

364,178

Less: Collateral not repledged

(84,094)

(73,996)

355,184

290,182

810,701

742,343

Uses of pledged assets and collateral

2

Derivatives

18,709

15,964

Obligations related to securities sold under repurchase agreements

204,710

186,777

Securities borrowing and lending

170,642

137,292

Obligations related to securities sold short

37,320

34,336

Securitization

44,674

36,806

Covered bond

69,695

76,698

Clearing systems, payment systems, and depositories

11,048

10,540

Foreign governments and central banks

20

26

Other

95,851

124,408

652,669

622,847

Assets pledged but not encumbered

3

158,032

119,496

Total

$

810,701

$

742,343

1

Includes collateral received from reverse repurchase agreements, securities lending, margin loans, and other client activity.

2

Includes $

68

 billion of on-balance sheet assets that the Bank has pledged and that the counterparty can subsequently repledge as at October 31, 2025 (October 31, 2024 – $

63.7

 billion).

3

Represents assets pledged as pre-positioned collateral or to generate unused borrowing capacity with the U.S. Federal Reserve Bank and the FHLB system.