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Interest Income and Expense (Tables)
12 Months Ended
Oct. 31, 2025
Interest Income and Expense [Abstract]  
Summary of Interest Income and Expenses by Basis of Accounting Classification
The following tables present interest income
 
and interest expense by basis of accounting
 
measurement.
Interest Income
(millions of Canadian dollars)
For the years ended October 31
2025
2024
Measured at amortized cost
1
$
74,659
$
80,581
 
Measured at FVOCI – Debt instruments
1
4,342
3,743
79,001
84,324
Measured or designated at FVTPL
8,282
8,742
Measured at FVOCI – Equity instruments
338
323
Total
$
87,621
$
93,389
Interest income is calculated using EIRM.
Interest Expense
(millions of Canadian dollars)
For the years ended October 31
2025
2024
Measured at amortized cost
1,2
$
43,268
$
50,382
 
Measured or designated at FVTPL
11,291
12,535
Total
$
54,559
$
62,917
Interest expense is calculated using EIRM.
2
 
Includes interest expense on lease liabilities for the year ended October 31, 2025 of $
163
 
million (October 31, 2024 – $
151
 
million).