XML 140 R88.htm IDEA: XBRL DOCUMENT v3.25.3
Fair Value of Financial Instruments - Summary of Fair Value Hierarchy of Instruments Carried at Fair Value on a Recurring Basis (Detail) - CAD ($)
$ in Millions
Oct. 31, 2025
Oct. 31, 2024
Assets:    
Precious metals $ 5,156 $ 2,540
Trading assets    
Loans [1],[2] 8,487 7,649
Securities 140,844 119,912
Other 2,892 2,166
Derivative financial instruments    
Derivative Financial Assets 46,531 44,379
Liabilities:    
Deposits [3] 966,279 943,849
Financial liabilities designated at fair value through profit or loss 47,165 36,341
Subordinated debentures 7,692 7,833
Obligations related to securities sold short 38,104 35,042
Other liabilities 66,862 63,028
Derivative financial instruments    
Derivative Financial Liabilities 56,031 51,260
Canadian provincial and municipal debt [member]    
Trading assets    
Securities 11,710 8,413
Recurring fair value measurement [member] | IFRS9 [member]    
Assets:    
Precious metals [4] 5,156 2,540
Trading assets    
Assets 152,223 129,727
Investment securities    
Investment securities [5] 126,226 123,420
Derivative financial instruments    
Derivative Financial Assets 46,531 44,379
Liabilities:    
Deposits [6] 335 193
Financial liabilities designated at fair value through profit or loss 47,165 36,341
Obligations related to securities sold short 38,104 35,042
Derivative financial instruments    
Derivative Financial Liabilities 56,031 51,260
Recurring fair value measurement [member] | Trading loans [member] | IFRS9 [member]    
Trading assets    
Loans 8,487 7,649
Recurring fair value measurement [member] | Canadian federal government and government guaranteed debt [member] | IFRS9 [member]    
Trading assets    
Securities 15,801 14,971
Investment securities    
Investment securities [5] 23,110 21,540
Recurring fair value measurement [member] | Canadian provincial and municipal debt [member] | IFRS9 [member]    
Trading assets    
Securities 11,710 8,413
Investment securities    
Investment securities [5] 20,843 17,525
Recurring fair value measurement [member] | U.S. treasury and other U.S. agencies debt [member] | IFRS9 [member]    
Trading assets    
Securities 9,132 15,050
Investment securities    
Investment securities [5] 49,036 46,376
Recurring fair value measurement [member] | Other foreign governments debt [member] | IFRS9 [member]    
Trading assets    
Securities 10,288 10,354
Investment securities    
Investment securities [5] 27,726 29,286
Recurring fair value measurement [member] | Corporate and other debt [member] | IFRS9 [member]    
Trading assets    
Securities 10,116 11,934
Investment securities    
Investment securities [5] 3,040 3,527
Recurring fair value measurement [member] | Equity securities [member] | IFRS9 [member]    
Trading assets    
Securities 83,797 59,190
Investment securities    
Investment securities [5] 2,471 5,166
Recurring fair value measurement [member] | Other trading assets [member] | IFRS9 [member]    
Trading assets    
Other 2,892 2,166
Recurring fair value measurement [member] | Interest rate contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Assets 9,807 11,584
Recurring fair value measurement [member] | Foreign exchange and gold contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Assets 26,412 26,004
Recurring fair value measurement [member] | Equity contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Assets 7,429 4,507
Recurring fair value measurement [member] | Credit contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Assets 273 182
Recurring fair value measurement [member] | Commodity Contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Assets 2,610 2,102
Recurring fair value measurement [member] | Interest rate contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Liabilities 17,189 17,908
Recurring fair value measurement [member] | Foreign exchange and gold contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Liabilities 25,793 25,900
Recurring fair value measurement [member] | Equity contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Liabilities 10,114 4,845
Recurring fair value measurement [member] | Credit contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Liabilities 26 47
Recurring fair value measurement [member] | Commodity Contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Liabilities 2,909 2,560
Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | IFRS9 [member]    
Derivative financial instruments    
Loans [7],[8] 400,574 399,139
Liabilities:    
Deposits [7],[8] 392,222 411,838
Subordinated debentures [8] 7,749 7,814
Other liabilities [8] 22,584 22,062
Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Financial assets at amortised cost, category [member] | IFRS9 [member]    
Derivative financial instruments    
Investment securities - amortized cost [8] 23,239 28,422
Level 1 [member] | Recurring fair value measurement [member] | IFRS9 [member]    
Trading assets    
Assets 120,116 96,950
Investment securities    
Investment securities [5] 81,047 72,617
Derivative financial instruments    
Derivative Financial Assets 816 150
Liabilities:    
Obligations related to securities sold short 34,864 30,721
Derivative financial instruments    
Derivative Financial Liabilities 783 139
Level 1 [member] | Recurring fair value measurement [member] | Canadian federal government and government guaranteed debt [member] | IFRS9 [member]    
Trading assets    
Securities 13,838 11,229
Investment securities    
Investment securities [5] 15,143 12,739
Level 1 [member] | Recurring fair value measurement [member] | Canadian provincial and municipal debt [member] | IFRS9 [member]    
Trading assets    
Securities 8,374 6,228
Investment securities    
Investment securities [5] 16,293 12,823
Level 1 [member] | Recurring fair value measurement [member] | U.S. treasury and other U.S. agencies debt [member] | IFRS9 [member]    
Trading assets    
Securities 9,132 15,050
Investment securities    
Investment securities [5] 42,300 39,999
Level 1 [member] | Recurring fair value measurement [member] | Other foreign governments debt [member] | IFRS9 [member]    
Trading assets    
Securities 1,837 422
Investment securities    
Investment securities [5] 7,099 3,940
Level 1 [member] | Recurring fair value measurement [member] | Corporate and other debt [member] | IFRS9 [member]    
Trading assets    
Securities 3,523 4,940
Investment securities    
Investment securities [5] 116 133
Level 1 [member] | Recurring fair value measurement [member] | Equity securities [member] | IFRS9 [member]    
Trading assets    
Securities 83,412 59,081
Investment securities    
Investment securities [5] 96 2,983
Level 1 [member] | Recurring fair value measurement [member] | Equity contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Assets 816 150
Level 1 [member] | Recurring fair value measurement [member] | Equity contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Liabilities 783 139
Level 1 [member] | Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | IFRS9 [member]    
Liabilities:    
Subordinated debentures [8] 7,345  
Level 1 [member] | Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Financial assets at amortised cost, category [member] | IFRS9 [member]    
Derivative financial instruments    
Investment securities - amortized cost [8] 1,548 1,127
Level 2 [member] | Recurring fair value measurement [member] | IFRS9 [member]    
Assets:    
Precious metals [4] 5,156 2,540
Trading assets    
Assets 32,094 32,752
Investment securities    
Investment securities [5] 43,101 48,902
Derivative financial instruments    
Derivative Financial Assets 45,530 44,176
Liabilities:    
Deposits [6] 335 193
Financial liabilities designated at fair value through profit or loss 47,165 36,341
Obligations related to securities sold short 3,240 4,319
Derivative financial instruments    
Derivative Financial Liabilities 55,183 51,078
Level 2 [member] | Recurring fair value measurement [member] | Trading loans [member] | IFRS9 [member]    
Trading assets    
Loans 8,486 7,649
Level 2 [member] | Recurring fair value measurement [member] | Canadian federal government and government guaranteed debt [member] | IFRS9 [member]    
Trading assets    
Securities 1,963 3,742
Investment securities    
Investment securities [5] 7,967 8,801
Level 2 [member] | Recurring fair value measurement [member] | Canadian provincial and municipal debt [member] | IFRS9 [member]    
Trading assets    
Securities 3,336 2,185
Investment securities    
Investment securities [5] 4,550 4,702
Level 2 [member] | Recurring fair value measurement [member] | U.S. treasury and other U.S. agencies debt [member] | IFRS9 [member]    
Investment securities    
Investment securities [5] 6,736 6,377
Level 2 [member] | Recurring fair value measurement [member] | Other foreign governments debt [member] | IFRS9 [member]    
Trading assets    
Securities 8,451 9,932
Investment securities    
Investment securities [5] 20,627 25,346
Level 2 [member] | Recurring fair value measurement [member] | Corporate and other debt [member] | IFRS9 [member]    
Trading assets    
Securities 6,593 6,990
Investment securities    
Investment securities [5] 2,892 3,359
Level 2 [member] | Recurring fair value measurement [member] | Equity securities [member] | IFRS9 [member]    
Trading assets    
Securities 373 88
Investment securities    
Investment securities [5] 329 317
Level 2 [member] | Recurring fair value measurement [member] | Other trading assets [member] | IFRS9 [member]    
Trading assets    
Other 2,892 2,166
Level 2 [member] | Recurring fair value measurement [member] | Interest rate contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Assets 9,804 11,584
Level 2 [member] | Recurring fair value measurement [member] | Foreign exchange and gold contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Assets 26,411 26,004
Level 2 [member] | Recurring fair value measurement [member] | Equity contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Assets 6,452 4,313
Level 2 [member] | Recurring fair value measurement [member] | Credit contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Assets 269 180
Level 2 [member] | Recurring fair value measurement [member] | Commodity Contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Assets 2,594 2,095
Level 2 [member] | Recurring fair value measurement [member] | Interest rate contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Liabilities 17,181 17,895
Level 2 [member] | Recurring fair value measurement [member] | Foreign exchange and gold contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Liabilities 25,793 25,900
Level 2 [member] | Recurring fair value measurement [member] | Equity contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Liabilities 9,288 4,687
Level 2 [member] | Recurring fair value measurement [member] | Credit contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Liabilities 24 46
Level 2 [member] | Recurring fair value measurement [member] | Commodity Contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Liabilities 2,897 2,550
Level 2 [member] | Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | IFRS9 [member]    
Liabilities:    
Deposits [7],[8] 392,222 411,838
Subordinated debentures [8] 404 7,814
Other liabilities [8] 22,098 21,563
Level 2 [member] | Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | Financial assets at amortised cost, category [member] | IFRS9 [member]    
Derivative financial instruments    
Investment securities - amortized cost [8] 21,691 27,295
Level 3 [member] | Recurring fair value measurement [member] | IFRS9 [member]    
Trading assets    
Assets 13 25
Investment securities    
Investment securities [5] 2,078 1,901
Derivative financial instruments    
Derivative Financial Assets 185 53
Liabilities:    
Obligations related to securities sold short   2
Derivative financial instruments    
Derivative Financial Liabilities 65 43
Level 3 [member] | Recurring fair value measurement [member] | Trading loans [member] | IFRS9 [member]    
Trading assets    
Loans 1  
Level 3 [member] | Recurring fair value measurement [member] | Corporate and other debt [member] | IFRS9 [member]    
Trading assets    
Securities   4
Investment securities    
Investment securities [5] 32 35
Level 3 [member] | Recurring fair value measurement [member] | Equity securities [member] | IFRS9 [member]    
Trading assets    
Securities 12 21
Investment securities    
Investment securities [5] 2,046 1,866
Level 3 [member] | Recurring fair value measurement [member] | Interest rate contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Assets 3  
Level 3 [member] | Recurring fair value measurement [member] | Foreign exchange and gold contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Assets 1  
Level 3 [member] | Recurring fair value measurement [member] | Equity contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Assets 161 44
Level 3 [member] | Recurring fair value measurement [member] | Credit contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Assets 4 2
Level 3 [member] | Recurring fair value measurement [member] | Commodity Contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Assets 16 7
Level 3 [member] | Recurring fair value measurement [member] | Interest rate contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Liabilities 8 13
Level 3 [member] | Recurring fair value measurement [member] | Equity contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Liabilities 43 19
Level 3 [member] | Recurring fair value measurement [member] | Credit contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Liabilities 2 1
Level 3 [member] | Recurring fair value measurement [member] | Commodity Contracts [member] | IFRS9 [member]    
Derivative financial instruments    
Derivative Financial Liabilities 12 10
Level 3 [member] | Not measured at fair value in statement of financial position but for which fair value is disclosed [member] | IFRS9 [member]    
Derivative financial instruments    
Loans [7],[8] 400,574 399,139
Liabilities:    
Other liabilities [8] $ 486 $ 499
[1] Geographic segmentation of trading loans is based upon the location of the ultimate risk of the underlying asset.
[2] Loans are primarily denominated in U.S. dollars.
[3] Deposits denominated in U.S. dollars amount to $297,065 (2024 – $295,316), deposits denominated in Chilean pesos amount to $20,053 (2024 – $19,271), deposits denominated in Mexican pesos amount to $35,941 (2024 – $34,416) and deposits denominated in other foreign currencies amount to $117,530 (2024 – $109,683).
[4] The fair value of precious metals is determined based on quoted market prices and forward spot prices, where applicable, less the cost to sell.
[5] Excludes debt investment securities measured at amortized cost of $23,722 (October 31, 2024 – $29,412).
[6] These amounts represent embedded derivatives bifurcated from structured note liabilities measured at amortized cost.
[7] Represents fixed rate instruments.
[8] Represents the fair value of financial assets and liabilities where the carrying amount is not a reasonable approximation of fair value.