XML 97 R79.htm IDEA: XBRL DOCUMENT v3.25.0.1
Operating Segments - Schedule of Operating Segments (Detail) - CAD ($)
$ in Millions
3 Months Ended
Jan. 31, 2025
Oct. 31, 2024
[2]
Jan. 31, 2024
[2]
Disclosure of operating segments [line items]      
Net interest income [1] $ 5,173 $ 4,923 $ 4,773
Non-interest income [3] 4,199 [4] 3,603 [5] 3,660 [6]
Total revenue 9,372 8,526 8,433
Provision for credit losses 1,162 1,030 962
Depreciation and amortization 403 501 [7] 421
Other non-interest expenses 6,088 4,795 4,318
Provision for income taxes 726 511 533
Net income 993 1,689 2,199
Net income attributable to non-controlling interests in subsidiaries (154) 47 25
Net income attributable to equity holders of the Bank 1,147 1,642 2,174
Average assets 1,461,000 1,419,000 1,423,000
Average liabilities 1,376,000 1,335,000 1,344,000
Operating segments [member] | Canadian banking [member]      
Disclosure of operating segments [line items]      
Net interest income [1],[8] 2,647 2,635 2,491
Non-interest income [3],[8] 765 [4] 684 [5] 734 [6]
Total revenue [8] 3,412 3,319 3,225
Provision for credit losses [8] 538 450 378
Depreciation and amortization [8] 136 133 [7] 147
Other non-interest expenses [8] 1,475 1,445 1,352
Provision for income taxes [8] 350 357 375
Net income [8] 913 934 973
Net income attributable to equity holders of the Bank [8] 913 934 973
Average assets [8] 460,000 457,000 445,000
Average liabilities [8] 386,000 385,000 393,000
Operating segments [member] | International banking [member]      
Disclosure of operating segments [line items]      
Net interest income [1],[8] 2,169 2,147 2,240
Non-interest income [3],[8] 861 [4] 712 [5] 834 [6]
Total revenue [8] 3,030 2,859 3,074
Provision for credit losses [8] 602 556 574
Depreciation and amortization [8] 130 141 [7] 143
Other non-interest expenses [8] 1,423 1,350 1,439
Provision for income taxes [8] 189 168 183
Net income [8] 686 644 735
Net income attributable to non-controlling interests in subsidiaries [8] 35 44 22
Net income attributable to equity holders of the Bank [8] 651 600 713
Average assets [8] 229,000 224,000 235,000
Average liabilities [8] 174,000 171,000 183,000
Operating segments [member] | Global Wealth Management [member]      
Disclosure of operating segments [line items]      
Net interest income [1],[8] 232 207 185
Non-interest income [3],[8] 1,347 [4] 1,259 [5] 1,139 [6]
Total revenue [8] 1,579 1,466 1,324
Provision for credit losses [8] 4 5 5
Depreciation and amortization [8] 47 45 [7] 47
Other non-interest expenses [8] 975 904 827
Provision for income taxes [8] 144 130 112
Net income [8] 409 382 333
Net income attributable to non-controlling interests in subsidiaries [8] 2 2 3
Net income attributable to equity holders of the Bank [8] 407 380 330
Average assets [8] 37,000 36,000 35,000
Average liabilities [8] 43,000 41,000 41,000
Operating segments [member] | Global banking and markets [member]      
Disclosure of operating segments [line items]      
Net interest income [1],[8] 319 280 270
Non-interest income [3],[8] 1,275 [4] 992 [5] 1,023 [6]
Total revenue [8] 1,594 1,272 1,293
Provision for credit losses [8] 18 19 5
Depreciation and amortization [8] 64 66 [7] 62
Other non-interest expenses [8] 827 741 719
Provision for income taxes [8] 168 99 119
Net income [8] 517 347 388
Net income attributable to equity holders of the Bank [8] 517 347 388
Average assets [8] 511,000 486,000 505,000
Average liabilities [8] 511,000 478,000 476,000
Operating segments [member] | Other smaller operating segments and corporate adjustments [member]      
Disclosure of operating segments [line items]      
Net interest income [1] (194) [9] (346) [10] (413) [11]
Non-interest income [3] (49) [4],[9] (44) [5],[10] (70) [6],[11]
Total revenue (243) [9] (390) [10] (483) [11]
Depreciation and amortization 26 [12] 116 [7],[10] 22 [11]
Other non-interest expenses 1,388 [9],[13] 355 [10] (19) [11]
Provision for income taxes (125) [9] (243) [10] (256) [11]
Net income (1,532) [9] (618) [10] (230) [11]
Net income attributable to non-controlling interests in subsidiaries (191) [9] 1 [10]  
Net income attributable to equity holders of the Bank (1,341) [9] (619) [10] (230) [11]
Average assets 224,000 [9] 216,000 [10] 203,000 [11]
Average liabilities $ 262,000 [9] $ 260,000 [10] $ 251,000 [11]
[1] Interest income is reported net of interest expense as management relies primarily on net interest income as a performance measure.
[2] Effective Q1 2025, changes were made to the methodology used to allocate certain income, expenses and balance sheet items between business segments. Prior period results for each segment have been reclassified to conform with the current period’s methodology.
[3] Card revenues and Banking services fees are mainly earned in Canadian and International Banking. Mutual fund, Brokerage fees and Investment management and trust fees are primarily earned in Global Wealth Management. Underwriting and other advisory fees are predominantly earned in Global Banking and Markets.
[4] Includes income (on a taxable equivalent basis) from associated corporations for Canadian Banking – $24, International Banking – $35, and Other – $54.
[5] Includes net income (on a taxable equivalent basis) from investments in associated corporations for Canadian Banking – $(2); International Banking – $36, and Other – $7.
[6] Includes income (on a taxable equivalent basis) from associated corporations for International Banking – $34, and Other – $12.
[7] Includes impairment charge of software intangible assets of $97 in the Other segment.
[8] Business line revenues and provision for income taxes are reported on a taxable equivalent basis, with the offset in the Other segment.
[9] Includes all other smaller operating segments and corporate adjustments, such as the elimination of the tax-exempt income gross-up reported in net interest income and non-interest income and provision for income taxes of $0 to arrive at the amounts reported in the Consolidated Statement of Income, differences in the actual amount of costs incurred and charged to the operating segments.
[10] Includes all other smaller operating segments and corporate adjustments, such as the elimination of the tax-exempt income gross-up reported in net interest income and non-interest income and provision for income taxes of $2 to arrive at the amounts reported in the Consolidated Statement of Income.
[11] Includes all other smaller operating segments and corporate adjustments, such as the elimination of the tax-exempt income gross-up reported in net interest income and non-interest income and provision for income taxes of $43 to arrive at the amounts reported in the Consolidated Statement of Income, differences in the actual amount of costs incurred and charged to the operating segments.
[12] Includes all other smaller operating segments and corporate adjustments, such as the elimination of the tax-exempt income gross-up reported in net interest income and non-interest income and provision for income taxes of $0 to arrive at the amounts reported in the Consolidated Statement of Income.
[13] Includes the impairment loss related to the announced sale of the banking operations in Colombia, Costa Rica and Panama.