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Share-Based Payments (Tables)
 12 Months Ended
Oct. 31, 2021
Statement [Line Items]  
Schedule of Bank's Employee Stock Option Plan
 
Details of the Bank’s Employee Stock Option Plan are as follows
(1)
:
   
2021
    
2020
  
As at October 31  
Number of stock
options (000’s)
    
Weighted average
exercise price
    
Number of stock
options (000’s)
    
Weighted average
exercise price
  
Outstanding at beginning of year
  
 
11,792
 
  
$
66.44
 
     11,509     $ 64.35  
Granted
  
 
1,876
 
  
 
74.34
 
     1,594       74.34  
Exercised as options
  
 
(3,016
) 
  
 
53.50
 
     (942 )      53.50  
Exercised as SARs
  
 
(59
) 
  
 
61.30
 
     (37 )      61.30  
Forfeited
  
 
(127
) 
  
 
70.23
 
     (293 )      70.23  
Expired
  
 
(8
) 
  
 
61.55
 
     (39 )      61.55  
Outstanding at end of year
(2)
  
 
10,458
 
  
$
69.08
 
     11,792     $ 66.44  
Exercisable at end of year
(2)
  
 
5,252
 
  
$
  65.85
 
     7,337     $   61.08  
Available for grant
  
 
3,945
 
  
 
 
 
     5,628    
 
 
 
Summary of Bank's Employee Stock Option Plan Outstanding and Exercisable by Range of Exercise Price
   
Options Outstanding
           
Options Exercisable
  
As at October 31, 2021  
Number of stock
options (000’s)
    
Weighted
average remaining
contractual life (years)
    
Weighted average
exercise price
    
Number of stock
options (000’s)
    
Weighted average
exercise price
  
Range of exercise prices
                                        
$49.93 to $55.21
  
 
267
 
  
 
0.10
 
  
$
49.93
 
  
 
267
 
  
$
49.93
 
$55.63 to $66.67
  
 
2,598
 
  
 
2.33
 
  
$
60.60
 
  
 
2,598
 
  
$
60.60
 
$63.98 to $81.81
  
 
7,593
 
  
 
6.73
 
  
$
72.66
 
  
 
2,387
 
  
$
73.35
 
 
  
 
10,458
 
  
 
5.47
 
  
$
  69.08
 
  
 
5,252
 
  
$
  65.85
 
(1)
Excludes SARs.
(2)
Includes and nil options originally issued under HollisWealth plans (2020 – 10,000).
Stock appreciation rights and tandem stock appreciation rights [member]  
Statement [Line Items]  
Schedule of Weighted-average Assumptions Used to Determine Fair Value of Options Granted
 
As at October 31  
2021
    
2020
  
Assumptions
                
Risk-free interest rate%
  
 
0.59% – 1.53%
 
     0.25% – 0.45%  
Expected dividend yield
  
 
  4.34%
 
     6.30%  
Expected price volatility
  
 
15.12% – 23.51%
 
     21.30% – 31.40%  
Expected life of option
  
 
0.00 – 6.12 years
 
     0.00 – 6.10 years  
Fair value
                
Weighted-average fair value
  
$
14.46
 
   $ 2.78  
Employee stock options [member]  
Statement [Line Items]  
Schedule of Weighted-average Assumptions Used to Determine Fair Value of Options Granted
    
2021 Grant
    
2020 Grant
  
Assumptions
                
Risk-free interest rate %
  
 
0.58%
 
     1.61%  
Expected dividend yield
  
 
5.10%
 
     4.55%  
Expected price volatility
  
 
  19.41%
 
     13.37%  
Expected life of option
  
 
6.8 Years
 
     6.7 years  
Fair value
                
Weighted-average fair value
  
$
4.60
 
   $ 3.81