Royal Bank of Canada (RY) 6-K 26 May 22 2022 Q2 Current report (foreign) Financial data

Cover Page

Cover Page	6 Months Ended
	Apr. 30, 2022
Cover [Abstract]
Document Type	6-K
Amendment Flag	false
Document Period End Date	Apr. 30, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Entity Registrant Name	Royal Bank of Canada
Entity Central Index Key	0001000275
Current Fiscal Year End Date	--10-31

Interim Condensed Consolidated

Interim Condensed Consolidated Balance Sheets (unaudited) - CAD ($) $ in Millions	Apr. 30, 2022	Oct. 31, 2021
Assets
Cash and due from banks	$ 115,929	$ 113,846
Interest-bearing deposits with banks	68,829	79,638
Securities
Trading	143,766	139,240
Investment, net of applicable allowance (Note 4)	154,549	145,484
Securities	298,315	284,724
Assets purchased under reverse repurchase agreements and securities borrowed	316,698	307,903
Loans (Note 5)
Retail	525,183	503,598
Wholesale	252,847	218,066
Loans	778,030	721,664
Allowance for loan losses (Note 5)	(3,566)	(4,089)
Loans, net	774,464	717,575
Segregated fund net assets	2,659	2,666
Other
Customers' liability under acceptances	16,529	19,798
Derivatives	156,204	95,541
Premises and equipment	7,225	7,424
Goodwill	10,981	10,854
Other intangibles	4,416	4,471
Other assets	76,323	61,883
Total other assets	271,678	199,971
Total assets	1,848,572	1,706,323
Deposits (Note 7)
Personal	382,881	362,488
Business and government	724,978	696,353
Bank	43,738	41,990
Total deposits	1,151,597	1,100,831
Segregated fund net liabilities	2,659	2,666
Other
Acceptances	16,570	19,873
Obligations related to securities sold short	39,464	37,841
Obligations related to assets sold under repurchase agreements and securities loaned	279,338	262,201
Derivatives	151,541	91,439
Insurance claims and policy benefit liabilities	12,073	12,816
Other liabilities	80,649	70,301
Total other liabilities	579,635	494,471
Subordinated debentures (Note 10)	10,276	9,593
Total liabilities	1,744,167	1,607,561
Equity attributable to shareholders
Retained earnings	75,931	71,795
Other components of equity	3,761	2,533
Total equity attributable to shareholders	104,304	98,667
Non-controlling interests	101	95
Total equity	104,405	98,762
Total liabilities and equity	1,848,572	1,706,323
Preferred shares and other equity instruments [member]
Equity attributable to shareholders
Issued capital (Note 10)	7,298	6,684
Common shares [member]
Equity attributable to shareholders
Issued capital (Note 10)	$ 17,314	$ 17,655

Interim Condensed Consolidate_2

Interim Condensed Consolidated Statements of Income (unaudited) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Interest and dividend income (Note 3)
Loans	$ 5,707	$ 5,296	$ 11,264	$ 10,803
Securities	1,396	1,217	2,775	2,493
Assets purchased under reverse repurchase agreements and securities borrowed	556	322	905	711
Deposits and other	99	63	192	127
Interest and dividend income	7,758	6,898	15,136	14,134
Interest expense (Note 3)
Deposits and other	1,473	1,392	2,768	2,900
Other liabilities	953	609	1,723	1,250
Subordinated debentures	58	43	100	95
Interest expense	2,484	2,044	4,591	4,245
Net interest income	5,274	4,854	10,545	9,889
Non-interest income
Insurance premiums, investment and fee income	234	536	1,633	2,345
Trading revenue	289	377	603	901
Investment management and custodial fees	1,892	1,711	3,853	3,414
Mutual fund revenue	1,086	1,014	2,251	2,014
Securities brokerage commissions	389	431	788	832
Service charges	480	460	965	918
Underwriting and other advisory fees	507	747	1,208	1,337
Foreign exchange revenue, other than trading	251	292	522	581
Card service revenue	288	281	579	553
Credit fees	398	368	874	700
Net gains on investment securities	23	82	38	117
Share of profit in joint ventures and associates	24	24	53	49
Other	85	441	374	911
Non-interest income	5,946	6,764	13,741	14,672
Total revenue	11,220	11,618	24,286	24,561
Provision for credit losses (Notes 4 and 5)	(342)	(96)	(237)	14
Insurance policyholder benefits, claims and acquisition expense	(180)	149	817	1,555
Non-interest expense
Human resources (Note 8)	4,002	4,152	8,287	8,440
Equipment	513	487	1,014	980
Occupancy	386	400	772	804
Communications	258	212	486	425
Professional fees	347	314	666	605
Amortization of other intangibles	336	318	673	637
Other	592	496	1,116	1,030
Non-interest expense	6,434	6,379	13,014	12,921
Income before income taxes	5,308	5,186	10,692	10,071
Income taxes	1,055	1,171	2,344	2,209
Net income	4,253	4,015	8,348	7,862
Net income attributable to:
Shareholders	4,250	4,014	8,343	7,859
Non-controlling interests	3	1	5	3
Net income	$ 4,253	$ 4,015	$ 8,348	$ 7,862
Basic earnings per share (in dollars) (Note 11)	$ 2.97	$ 2.76	$ 5.81	$ 5.42
Diluted earnings per share (in dollars) (Note 11)	2.96	2.76	5.8	5.42
Dividends per common share (in dollars)	$ 1.2	$ 1.08	$ 2.4	$ 2.16

Interim Condensed Consolidate_3

Interim Condensed Consolidated Statements of Comprehensive Income (unaudited) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Statement of comprehensive income [abstract]
Net income	$ 4,253	$ 4,015	$ 8,348	$ 7,862
Net change in unrealized gains (losses) on debt securities and loans at fair value through other comprehensive income
Net unrealized gains (losses) on debt securities and loans at fair value through other comprehensive income	(892)	(79)	(1,145)	290
Provision for credit losses recognized in income	(4)	15	(11)	13
Reclassification of net losses (gains) on debt securities and loans at fair value through other comprehensive income to income	(18)	(66)	(29)	(102)
Net change in unrealized gains (losses) on debt securities and loans at fair value through other comprehensive income	(914)	(130)	(1,185)	201
Foreign currency translation adjustments
Unrealized foreign currency translation gains (losses)	198	(2,466)	1,672	(4,634)
Net foreign currency translation gains (losses) from hedging activities	137	1,035	(370)	1,827
Reclassification of losses (gains) on foreign currency translation to income		(7)	(18)	(7)
Reclassification of losses (gains) on net investment hedging activities to income			17
Foreign currency translation adjustments	335	(1,438)	1,301	(2,814)
Net change in cash flow hedges
Net gains (losses) on derivatives designated as cash flow hedges	869	669	967	796
Reclassification of losses (gains) on derivatives designated as cash flow hedges to income	117	33	148	78
Net change in cash flow hedges	986	702	1,115	874
Items that will not be reclassified subsequently to income:
Remeasurements of employee benefit plans (Note 8)	765	938	1,048	1,719
Net fair value change due to credit risk on financial liabilities designated at fair value through profit or loss	853	88	1,033	(36)
Net gains (losses) on equity securities designated at fair value through other comprehensive income	4	(5)	43	(1)
Total items that will not be reclassified subsequently to income	1,622	1,021	2,124	1,682
Total other comprehensive income (loss), net of taxes	2,029	155	3,355	(57)
Total comprehensive income (loss)	6,282	4,170	11,703	7,805
Total comprehensive income attributable to:
Shareholders	6,278	4,173	11,695	7,810
Non-controlling interests	4	(3)	8	(5)
Total comprehensive income (loss)	6,282	4,170	11,703	7,805
Income taxes on other comprehensive income
Net unrealized gains (losses) on debt securities and loans at fair value through other comprehensive income	(291)	(49)	(368)	(2)
Provision for credit losses recognized in income	(1)	6	(2)	6
Reclassification of net losses (gains) on debt securities and loans at fair value through other comprehensive income to income	(3)	(10)	(4)	(23)
Unrealized foreign currency translation gains (losses)				2
Net foreign currency translation gains (losses) from hedging activities	52	354	(118)	620
Reclassification of losses (gains) on net investment hedging activities to income			6
Net gains (losses) on derivatives designated as cash flow hedges	329	238	363	283
Reclassification of losses (gains) on derivatives designated as cash flow hedges to income	42	12	53	28
Remeasurements of employee benefit plans	267	331	367	608
Net fair value change due to credit risk on financial liabilities designated at fair value through profit or loss	302	31	366	(13)
Net gains (losses) on equity securities designated at fair value through other comprehensive income	(5)	(1)	(1)	(1)
Total income tax expenses (recoveries)	$ 692	$ 912	$ 662	$ 1,508

Interim Condensed Consolidate_4

Interim Condensed Consolidated Statements of Changes in Equity (unaudited) - CAD ($) $ in Millions	Total	Common shares [member]	Issued capital [member]Preferred shares and other equity instruments [member]	Issued capital [member]Common shares [member]	Treasury instruments [member]Preferred shares and other equity instruments [member]	Treasury instruments [member]Common shares [member]	Retained earnings [member]	Other components of equity [member]	Equity attributable to shareholders [member]	Non-controlling interests [member]	FVOCI securities and loans [member]Other components of equity [member]	Foreign currency translation reserve [member]Other components of equity [member]	Cash flow hedge reserve [member]Other components of equity [member]
Balance at beginning of period at Oct. 31, 2020	$ 86,767		$ 5,948	$ 17,628	$ (3)	$ (129)	$ 59,806	$ 3,414	$ 86,664	$ 103	$ (139)	$ 4,632	$ (1,079)
Changes in equity
Issues of share capital and other equity instruments	1,308		1,250	61			(3)		1,308
Sales of treasury shares and other equity instruments	2,141				199	1,942			2,141
Purchases of treasury shares and other equity instruments	(2,007)				(203)	(1,804)			(2,007)
Share-based compensation awards	(4)	$ 61					(4)		(4)
Dividends on common shares	(3,079)						(3,079)		(3,079)
Dividends on preferred shares and distributions on other equity instruments	(136)						(134)		(134)	(2)
Other	27						36		36	(9)
Net income	7,862						7,859		7,859	3
Total other comprehensive income (loss), net of taxes	(57)						1,682	(1,731)	(49)	(8)	201	(2,806)	874
Balance at end of period at Apr. 30, 2021	92,822		7,198	17,689	(7)	9	66,163	1,683	92,735	87	62	1,826	(205)
Balance at beginning of period at Jan. 31, 2021	90,249		7,198	17,664	17	(26)	62,751	2,545	90,149	100	192	3,260	(907)
Changes in equity
Issues of share capital and other equity instruments	25			25					25
Sales of treasury shares and other equity instruments	1,192				153	1,039			1,192
Purchases of treasury shares and other equity instruments	(1,181)				(177)	(1,004)			(1,181)
Share-based compensation awards	(2)	25					(2)		(2)
Dividends on common shares	(1,540)						(1,540)		(1,540)
Dividends on preferred shares and distributions on other equity instruments	(77)						(76)		(76)	(1)
Other	(14)						(5)		(5)	(9)
Net income	4,015						4,014		4,014	1
Total other comprehensive income (loss), net of taxes	155						1,021	(862)	159	(4)	(130)	(1,434)	702
Balance at end of period at Apr. 30, 2021	92,822		7,198	17,689	(7)	9	66,163	1,683	92,735	87	62	1,826	(205)
Balance at beginning of period at Oct. 31, 2021	98,762		6,723	17,728	(39)	(73)	71,795	2,533	98,667	95	(88)	2,055	566
Changes in equity
Issues of share capital and other equity instruments	791		750	42			(1)		791
Common shares purchased for cancellation	(3,106)	(282)		(282)			(2,824)		(3,106)
Redemption of preferred shares and other equity instruments	(155)		(150)				(5)		(155)
Sales of treasury shares and other equity instruments	3,015				308	2,707			3,015
Purchases of treasury shares and other equity instruments	(3,102)				(294)	(2,808)			(3,102)
Share-based compensation awards	2	42					2		2
Dividends on common shares	(3,388)						(3,388)		(3,388)
Dividends on preferred shares and distributions on other equity instruments	(124)						(122)		(122)	(2)
Other	7						7		7
Net income	8,348						8,343		8,343	5
Total other comprehensive income (loss), net of taxes	3,355						2,124	1,228	3,352	3	(1,185)	1,298	1,115
Balance at end of period at Apr. 30, 2022	104,405		7,323	17,488	(25)	(174)	75,931	3,761	104,304	101	(1,273)	3,353	1,681
Balance at beginning of period at Jan. 31, 2022	102,008		7,473	17,651	(32)	(79)	73,542	3,355	101,910	98	(359)	3,019	695
Changes in equity
Issues of share capital and other equity instruments	8			8					8
Common shares purchased for cancellation	(1,892)	(171)		(171)			(1,721)		(1,892)
Redemption of preferred shares and other equity instruments	(155)		(150)				(5)		(155)
Sales of treasury shares and other equity instruments	1,343				152	1,191			1,343
Purchases of treasury shares and other equity instruments	(1,431)				(145)	(1,286)			(1,431)
Share-based compensation awards		$ 8
Dividends on common shares	(1,686)						(1,686)		(1,686)
Dividends on preferred shares and distributions on other equity instruments	(69)						(68)		(68)	(1)
Other	(3)						(3)		(3)
Net income	4,253						4,250		4,250	3
Total other comprehensive income (loss), net of taxes	2,029						1,622	406	2,028	1	(914)	334	986
Balance at end of period at Apr. 30, 2022	$ 104,405		$ 7,323	$ 17,488	$ (25)	$ (174)	$ 75,931	$ 3,761	$ 104,304	$ 101	$ (1,273)	$ 3,353	$ 1,681

Interim Condensed Consolidate_5

Interim Condensed Consolidated Statements of Cash Flows (unaudited) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Cash flows from operating activities
Net income	$ 4,253	$ 4,015	$ 8,348	$ 7,862
Adjustments for non-cash items and others
Provision for credit losses	(342)	(96)	(237)	14
Depreciation	314	318	627	632
Deferred income taxes	418	454	645	786
Amortization and impairment of other intangibles	340	319	679	639
Net changes in investments in joint ventures and associates	(24)	(24)	(52)	(48)
Losses (Gains) on investment securities	(23)	(82)	(38)	(123)
Losses (Gains) on disposition of businesses	(89)	(26)	(89)	(26)
Adjustments for net changes in operating assets and liabilities
Insurance claims and policy benefit liabilities	(900)	(645)	(743)	(106)
Net change in accrued interest receivable and payable	(68)	(138)	(79)	(359)
Current income taxes	(372)	394	(3,090)	673
Derivative assets	(63,885)	13,681	(60,663)	16,252
Derivative liabilities	63,439	(13,669)	60,102	(17,525)
Trading securities	5,759	22,295	(4,526)	10,343
Loans, net of securitizations	(34,093)	(605)	(56,957)	(11,980)
Assets purchased under reverse repurchase agreements and securities borrowed	(4,572)	3,002	(8,795)	4,984
Obligations related to assets sold under repurchase agreements and securities loaned	14,329	(17,858)	17,137	(17,182)
Obligations related to securities sold short	(2,080)	(752)	1,623	2,532
Deposits, net of securitizations	9,358	(21,296)	51,369	21,368
Brokers and dealers receivable and payable	(914)	440	1,099	(698)
Other	9,889	3,718	2,811	6,220
Net cash from (used in) operating activities	737	(6,555)	9,171	24,258
Cash flows from investing activities
Change in interest-bearing deposits with banks	(5,409)	(29,700)	10,809	(24,418)
Proceeds from sales and maturities of investment securities	24,394	33,637	47,495	63,310
Purchases of investment securities	(27,559)	(28,584)	(56,223)	(61,765)
Net acquisitions of premises and equipment and other intangibles	(553)	(496)	(1,143)	(925)
Proceeds from dispositions	95	78	95	78
Net cash from (used in) investing activities	(9,032)	(25,065)	1,033	(23,720)
Cash flows from financing activities
Issuance of subordinated debentures			1,000	1,000
Repayment of subordinated debentures				(1,500)
Issue of common shares, net of issuance costs	7	22	38	53
Common shares purchased for cancellation	(1,892)		(3,106)
Issue of preferred shares and other equity instruments, net of issuance costs			749	1,247
Redemption of preferred shares and other equity instruments	(155)		(155)
Sales of treasury shares and other equity instruments	1,343	1,192	3,015	2,141
Purchases of treasury shares and other equity instruments	(1,431)	(1,181)	(3,102)	(2,007)
Dividends paid on shares and distributions paid on other equity instruments	(1,756)	(1,597)	(3,364)	(3,210)
Dividends/distributions paid to non-controlling interests	(1)	(1)	(2)	(2)
Change in short-term borrowings of subsidiaries	1	(1)	1	(8)
Repayment of lease liabilities	(154)	(152)	(317)	(298)
Net cash from (used in) financing activities	(4,038)	(1,718)	(5,243)	(2,584)
Effect of exchange rate changes on cash and due from banks	(2,901)	(1,943)	(2,878)	(2,535)
Net change in cash and due from banks	(15,234)	(35,281)	2,083	(4,581)
Cash and due from banks at beginning of period	131,163	149,588	113,846	118,888
Cash and due from banks at end of period	115,929	114,307	115,929	114,307
Amount of interest paid	1,757	2,161	3,528	4,295
Amount of interest received	6,775	6,692	13,601	13,471
Amount of dividends received	678	696	1,545	1,351
Amount of income taxes paid	$ 1,657	$ 1,248	$ 5,336	$ 2,274

Interim Condensed Consolidate_6

Interim Condensed Consolidated Statements of Cash Flows (unaudited) (Parenthetical) - CAD ($) $ in Billions	Apr. 30, 2022	Jan. 31, 2022	Oct. 31, 2021	Apr. 30, 2021	Oct. 31, 2020
Statement of cash flows [abstract]
Mandatory reserve deposits at central banks	$ 2	$ 2	$ 2	$ 2	$ 3

General information

General information	6 Months Ended
	Apr. 30, 2022
Text Block [Abstract]
General information	Note 1 General information Our unaudited Interim Condensed Consolidated Financial Statements (Condensed Financial Statements) are presented in compliance with International Accounting Standard (IAS) 34 Interim Financial Reporting. The Condensed Financial Statements do not include all the information and disclosures required in the annual financial statements and should be read in conjunction with our audited 2021 Annual Consolidated Financial Statements and the accompanying notes included on pages 133 to 225 in our 2021 Annual Report. Unless otherwise stated, monetary amounts are stated in Canadian dollars. Tabular information is stated in millions of dollars, except as noted. On May 25, 2022, the Board of Directors authorized the Condensed Financial Statements for issue.

Summary of significant accounti

Summary of significant accounting policies, estimates and judgments	6 Months Ended
	Apr. 30, 2022
Text Block [Abstract]
Summary of significant accounting policies, estimates and judgments	Note 2 Summary of significant accounting policies, estimates and judgments The Condensed Financial Statements have been prepared using the same accounting policies and methods used in the preparation of our audited 2021 Annual Consolidated Financial Statements. Our significant accounting policies and future changes in accounting policies and disclosures that are not yet effective for us are described in Note 2 of our audited 2021 Annual Consolidated Financial Statements. Interest Rate Benchmark Reform As part of the interest rate benchmark reform, the publication of all non-USD London Interbank Offered Rate (LIBOR) settings ceased on December 31, 2021. As at April 30, 2022 and consistent with our transition plan, our exposure to financial instruments referencing non-USD LIBOR interest rates is not material to our financial statements.

Fair value of financial instrum

Fair value of financial instruments	6 Months Ended
	Apr. 30, 2022
Text Block [Abstract]
Fair value of financial instruments	Note 3 Fair value of financial instruments Carrying value and fair value of financial instruments The following tables provide a comparison of the carrying values and fair values for financial instruments classified or designated as fair value through profit or loss (FVTPL) and fair value through other comprehensive income (FVOCI). Embedded derivatives are presented on a combined basis with the host contracts. Refer to Note 2 and Note 3 of our audited 2021 Annual Consolidated Financial Statements for a description of the valuation techniques and inputs used in the fair value measurement of our financial instruments. There have been no significant changes to our determination of fair value during the quarter. As at April 30, 2022 Carrying value and fair value Carrying value Fair value (Millions of Canadian dollars) Financial Financial Financial Financial Financial Financial Total carrying Total fair value Financial assets Interest-bearing deposits $ – $ 57,963 $ – $ – $ 10,866 $ 10,866 $ 68,829 $ 68,829 Securities Trading 133,183 10,583 – – – – 143,766 143,766 Investment, net of applicable allowance – – 80,208 573 73,768 69,784 154,549 150,565 133,183 10,583 80,208 573 73,768 69,784 298,315 294,331 Assets purchased under reverse repurchase agreements and securities borrowed 271,184 – – – 45,514 45,514 316,698 316,698 Loans, net of applicable allowance Retail 54 244 189 – 522,562 509,443 523,049 509,930 Wholesale 8,342 3,074 529 – 239,470 234,812 251,415 246,757 8,396 3,318 718 – 762,032 744,255 774,464 756,687 Other Derivatives 156,204 – – – – – 156,204 156,204 Other assets (1) 4,041 – – – 66,309 66,309 70,350 70,350 Financial liabilities Deposits Personal $ 309 $ 18,267 $ 364,305 $ 363,185 $ 382,881 $ 381,761 Business and government (2) 591 143,147 581,240 580,134 724,978 723,872 Bank (3) – 10,647 33,091 33,080 43,738 43,727 900 172,061 978,636 976,399 1,151,597 1,149,360 Other Obligations related to securities sold short 39,464 – – – 39,464 39,464 Obligations related to assets sold under repurchase agreements and securities loaned – 252,308 27,030 27,030 279,338 279,338 Derivatives 151,541 – – – 151,541 151,541 Other liabilities (4) 294 82 75,315 75,224 75,691 75,600 Subordinated debentures – – 10,276 10,119 10,276 10,119 As at October 31, 2021 Carrying value and fair value Carrying value Fair value (Millions of Canadian dollars) Financial Financial Financial Financial Financial Financial Total carrying Total fair value Financial assets Interest-bearing deposits $ – $ 56,896 $ – $ – $ 22,742 $ 22,742 $ 79,638 $ 79,638 Securities Trading 125,801 13,439 – – – – 139,240 139,240 Investment, net of applicable allowance – – 77,802 533 67,149 66,823 145,484 145,158 125,801 13,439 77,802 533 67,149 66,823 284,724 284,398 Assets purchased under reverse repurchase agreements and securities borrowed 265,011 – – – 42,892 42,892 307,903 307,903 Loans, net of applicable allowance Retail – 241 327 – 500,621 502,277 501,189 502,845 Wholesale 8,428 2,769 813 – 204,376 204,683 216,386 216,693 8,428 3,010 1,140 – 704,997 706,960 717,575 719,538 Other Derivatives 95,541 – – – – – 95,541 95,541 Other assets (1) 4,109 – – – 58,483 58,483 62,592 62,592 Financial liabilities Deposits Personal $ 321 $ 18,328 $ 343,839 $ 344,040 $ 362,488 $ 362,689 Business and government (2) 739 131,630 563,984 565,106 696,353 697,475 Bank (3) – 17,251 24,739 24,743 41,990 41,994 1,060 167,209 932,562 933,889 1,100,831 1,102,158 Other Obligations related to securities sold short 37,841 – – – 37,841 37,841 Obligations related to assets sold under repurchase agreements and securities loaned – 236,147 26,054 26,054 262,201 262,201 Derivatives 91,439 – – – 91,439 91,439 Other liabilities (4) 654 171 64,746 64,749 65,571 65,574 Subordinated debentures – – 9,593 9,601 9,593 9,601 (1) Includes Customers’ liability under acceptances and financial instruments recognized in Other assets. (2) Business and government deposits include deposits from regulated deposit-taking institutions other than banks. (3) Bank deposits refer to deposits from regulated banks and central banks. (4) Includes Acceptances and financial instruments recognized in Other liabilities. Fair value of assets and liabilities measured at fai r s hierarchy As at April 30, 2022 October 31, 2021 Fair value measurements using Netting adjustments Fair value measurements using Netting adjustments (Millions of Canadian dollars) Level 1 Level 2 Level 3 Fair value Level 1 Level 2 Level 3 Fair value Financial assets Interest-bearing deposits with banks $ – $ 57,963 $ – $ $ 57,963 $ – $ 56,896 $ – $ $ 56,896 Securities Trading Debt issued or guaranteed by: Canadian government (1) Federal 8,179 1,785 – 9,964 8,977 2,380 – 11,357 Provincial and municipal – 11,111 – 11,111 – 11,068 – 11,068 U.S. federal, state, municipal and agencies (1) 960 32,284 16 33,260 215 22,738 25 22,978 Other OECD government (2) 3,032 4,012 – 7,044 2,729 5,730 – 8,459 Mortgage-backed securities (1) – 8 – 8 – 4 – 4 Asset-backed securities Non-CDO securities (3) – 1,126 2 1,128 – 891 2 893 Corporate debt and other debt – 23,521 5 23,526 – 23,085 25 23,110 Equities 52,685 3,281 1,759 57,725 56,826 3,015 1,530 61,371 64,856 77,128 1,782 143,766 68,747 68,911 1,582 139,240 Investment Debt issued or guaranteed by: Canadian government (1) Federal 1,960 1,969 – 3,929 1,973 1,730 – 3,703 Provincial and municipal – 2,980 – 2,980 – 3,132 – 3,132 U.S. federal, state, municipal and agencies (1) 109 31,273 – 31,382 12 34,815 – 34,827 Other OECD government – 6,542 – 6,542 – 5,956 – 5,956 Mortgage-backed securities (1) – 2,844 21 2,865 – 2,727 20 2,747 Asset-backed securities CDO – 7,159 – 7,159 – 7,074 – 7,074 Non-CDO securities – 539 – 539 – 586 – 586 Corporate debt and other debt – 24,663 149 24,812 – 19,625 152 19,777 Equities 42 182 349 573 46 153 334 533 2,111 78,151 519 80,781 2,031 75,798 506 78,335 Assets purchased under reverse repurchase agreements and securities borrowed – 271,184 – 271,184 – 265,011 – 265,011 Loans – 11,650 782 12,432 – 11,501 1,077 12,578 Other Derivatives Interest rate contracts – 33,883 381 34,264 – 33,857 320 34,177 Foreign exchange contracts – 102,847 42 102,889 – 41,224 74 41,298 Credit derivatives – 256 – 256 – 34 – 34 Other contracts 3,979 18,994 108 23,081 3,175 17,955 26 21,156 Valuation adjustments – (1,523 ) 20 (1,503 ) – (819 ) 9 (810 ) Total gross derivatives 3,979 154,457 551 158,987 3,175 92,251 429 95,855 Netting adjustments (2,783 ) (2,783 ) (314 ) (314 ) Total derivatives 156,204 95,541 Other assets 1,414 2,612 15 4,041 1,474 2,635 – 4,109 $ 72,360 $ 653,145 $ 3,649 $ (2,783 ) $ 726,371 $ 75,427 $ 573,003 $ 3,594 $ (314 ) $ 651,710 Financial liabilities Deposits Personal $ – $ 18,419 $ 157 $ $ 18,576 $ – $ 18,498 $ 151 $ $ 18,649 Business and government – 143,738 – 143,738 – 132,369 – 132,369 Bank – 10,647 – 10,647 – 17,251 – 17,251 Other Obligations related to 17,067 22,397 – 39,464 18,345 19,496 – 37,841 Obligations related to assets – 252,308 – 252,308 – 236,147 – 236,147 Derivatives Interest rate contracts – 31,039 1,044 32,083 – 28,566 955 29,521 Foreign exchange contracts – 99,539 18 99,557 – 40,484 27 40,511 Credit derivatives – 102 – 102 – 120 – 120 Other contracts 7,019 15,544 544 23,107 3,699 17,456 419 21,574 Valuation adjustments – (517 ) (8 ) (525 ) – 38 (11 ) 27 Total gross derivatives 7,019 145,707 1,598 154,324 3,699 86,664 1,390 91,753 Netting adjustments (2,783 ) (2,783 ) (314 ) (314 ) Total derivatives 151,541 91,439 Other liabilities 387 (14 ) 3 376 258 560 7 825 $ 24,473 $ 593,202 $ 1,758 $ (2,783 ) $ 616,650 $ 22,302 $ 510,985 $ 1,548 $ (314 ) $ 534,521 (1) As at April 30, 2022, residential and commercial mortgage-backed securities (MBS) included in all fair value levels of trading securities were $12,651 million (October 31, 2021 – $ million million million (2) Organisation for Economic Co-operation and Development (OECD). (3) Collateralized debt obligations (CDO). Fair value measurements using significant unobservable inputs (Level 3 Instruments) A financial instrument is classified as Level 3 in the fair value hierarchy if one or more of its unobservable inputs may significantly affect the measurement of its fair value. In preparing the financial statements, appropriate levels for these unobservable input parameters are chosen so that they are consistent with prevailing market evidence or management judgment. Due to the unobservable nature of the prices or rates, there may be uncertainty about the valuation of these Level 3 financial instruments. During the three months ended April 30, 2022, there were no significant changes made to the valuation techniques and ranges and weighted averages of unobservable inputs used in the determination of fair value of Level 3 financial instruments. As at April 30, 2022, the impacts of adjusting one or more of the unobservable inputs by reasonably possible alternative assumptions did not change significantly from the impacts disclosed in our audited 2021 Annual Consolidated Financial Statements. Changes in fair value measurement for instruments measured on a recurring basis and categorized in Level 3 For the three months ended April 30, 2022 (Millions of Canadian dollars) Fair value Gains (losses) Gains (losses) Purchases Settlement Transfers Transfers Fair value Gains Assets Securities Trading Debt issued or guaranteed by: U.S. state, municipal and agencies $ 22 $ – $ – $ – $ (6 ) $ – $ – $ 16 $ – Asset-backed securities Non-CDO securities 2 – – – – – – 2 – Corporate debt and other debt 15 (1 ) – – – – (9 ) 5 – Equities 1,689 4 11 79 (25 ) 1 – 1,759 (4 ) 1,728 3 11 79 (31 ) 1 (9 ) 1,782 (4 ) Investment Mortgage-backed securities 20 – 1 – – – – 21 n.a. Corporate debt and other debt 155 – (6 ) – – – – 149 n.a. Equities 349 – (2 ) 2 – – – 349 n.a. 524 – (7 ) 2 – – – 519 n.a. Loans 679 (23 ) (24 ) 161 (1 ) 9 (19 ) 782 38 Other Net derivative balances (3) Interest rate contracts (555 ) (146 ) (3 ) 99 (16 ) – (42 ) (663 ) (163 ) Foreign exchange contracts 7 (17 ) – 21 16 – (3 ) 24 (12 ) Other contracts (448 ) 123 (3 ) (12 ) 6 (117 ) 15 (436 ) 107 Valuation adjustments 39 – – – (11 ) – – 28 – Other assets – – – 15 – – – 15 – $ 1,974 $ (60 ) $ (26 ) $ 365 $ (37 ) $ (107 ) $ (58 ) $ 2,051 $ (34 ) Liabilities Deposits $ (122 ) $ (3 ) $ – $ (52 ) $ 12 $ (16 ) $ 24 $ (157 ) $ 8 Other Other liabilities (7 ) – – – 4 – – (3 ) – $ (129 ) $ (3 ) $ – $ (52 ) $ 16 $ (16 ) $ 24 $ (160 ) $ 8 For the three months ended April 30, 2021 (Millions of Canadian dollars) Fair value Gains (losses) Gains (losses) Purchases Settlement Transfers Transfers Fair value Gains Assets Securities Trading Debt issued or guaranteed by: U.S. state, municipal and agencies $ 39 $ – $ (2 ) $ – $ (4 ) $ – $ – $ 33 $ – Asset-backed securities Non-CDO securities 2 – – – – – – 2 – Corporate debt and other debt 36 (1 ) – – (4 ) – (13 ) 18 (1 ) Equities 1,332 30 (33 ) 55 (43 ) 25 – 1,366 50 1,409 29 (35 ) 55 (51 ) 25 (13 ) 1,419 49 Investment Mortgage-backed securities 21 – (1 ) – – – – 20 n.a. Corporate debt and other debt 154 – (9 ) – 1 – – 146 n.a. Equities 336 – (14 ) – – – – 322 n.a. 511 – (24 ) – 1 – – 488 n.a. Loans 1,113 (18 ) (15 ) 51 (4 ) 54 (36 ) 1,145 18 Other Net derivative balances (3) Interest rate contracts (643 ) (32 ) – 15 (2 ) (6 ) 2 (666 ) (32 ) Foreign exchange contracts 42 12 (2 ) 10 (8 ) 6 (14 ) 46 12 Other contracts (100 ) 14 2 (39 ) – (232 ) 14 (341 ) 6 Valuation adjustments 36 – – – (15 ) – – 21 – Other assets 9 – – – (7 ) – – 2 – $ 2,377 $ 5 $ (74 ) $ 92 $ (86 ) $ (153 ) $ (47 ) $ 2,114 $ 53 Liabilities Deposits $ (169 ) $ (26 ) $ 2 $ (47 ) $ 34 $ (5 ) $ 141 $ (70 ) $ 9 Other Other liabilities (13 ) – – – 2 – – (11 ) – $ (182 ) $ (26 ) $ 2 $ (47 ) $ 36 $ (5 ) $ 141 $ (81 ) $ 9 For the six months ended April 30, 2022 (Millions of Canadian dollars) Fair value Gains (losses) Gains (losses) Purchases Settlement Transfers Transfers Fair value Gains positions still held Assets Securities Trading Debt issued or guaranteed by: U.S. state, municipal and agencies $ 25 $ – $ 1 $ – $ (10 ) $ – $ – $ 16 $ – Asset-backed securities Non-CDO securities 2 – – – – – – 2 – Corporate debt and other debt 25 (2 ) – – (5 ) – (13 ) 5 – Equities 1,530 78 34 161 (45 ) 1 – 1,759 93 1,582 76 35 161 (60 ) 1 (13 ) 1,782 93 Investment Mortgage-backed securities 20 – 1 – – – – 21 n.a. Corporate debt and other debt 152 – (3 ) – – – – 149 n.a. Equities 334 – 43 8 (1 ) – (35 ) 349 n.a. 506 – 41 8 (1 ) – (35 ) 519 n.a. Loans 1,077 (13 ) (32 ) 217 (462 ) 16 (21 ) 782 (46 ) Other Net derivative balances (3) Interest rate contracts (635 ) (157 ) (2 ) 100 66 – (35 ) (663 ) 108 Foreign exchange contracts 47 (47 ) 1 21 12 – (10 ) 24 53 Other contracts (393 ) 184 (11 ) (115 ) 48 (193 ) 44 (436 ) 166 Valuation adjustments 20 – – – (11 ) 19 – 28 – Other assets – – – 15 – – 15 – $ 2,204 $ 43 $ 32 $ 407 $ (408 ) $ (157 ) $ (70 ) $ 2,051 $ 374 Liabilities Deposits $ (151 ) $ (9 ) $ (1 ) $ (79 ) $ 17 $ (36 ) $ 102 $ (157 ) $ (9 ) Other Other liabilities (7 ) – – – 4 – – (3 ) – $ (158 ) $ (9 ) $ (1 ) $ (79 ) $ 21 $ (36 ) $ 102 $ (160 ) $ (9 ) For the six months ended April 30, 2021 (Millions of Canadian dollars) Fair value Gains (losses) Gains (losses) Purchases Settlement Transfers Transfers Fair value Gains Assets Securities Trading Debt issued or guaranteed by: U.S. state, municipal and agencies $ 44 $ – $ (3 ) $ – $ (8 ) $ – $ – $ 33 $ – Asset-backed securities Non-CDO securities 2 – – – – – – 2 – Corporate debt and other debt 30 (1 ) – 3 (4 ) 14 (24 ) 18 (1 ) Equities 1,261 48 (66 ) 164 (66 ) 25 – 1,366 89 1,337 47 (69 ) 167 (78 ) 39 (24 ) 1,419 88 Investment Mortgage-backed securities 27 – (7 ) – – – – 20 n.a. Corporate debt and other debt 160 – (16 ) – 2 – – 146 n.a. Equities 335 – (15 ) – 2 – – 322 n.a. 522 – (38 ) – 4 – – 488 n.a. Loans 1,070 (23 ) (9 ) 133 – 70 (96 ) 1,145 38 Other Net derivative balances (3) Interest rate contracts (588 ) (31 ) (2 ) 12 (40 ) (9 ) (8 ) (666 ) (23 ) Foreign exchange contracts 22 25 1 15 (14 ) 7 (10 ) 46 29 Other contracts (301 ) 3 13 (56 ) 47 (224 ) 177 (341 ) 20 Valuation adjustments 40 – – – (19 ) – – 21 – Other assets 53 (39 ) (2 ) – (10 ) – – 2 (39 ) $ 2,155 $ (18 ) $ (106 ) $ 271 $ (110 ) $ (117 ) $ 39 $ 2,114 $ 113 Liabilities Deposits $ (139 ) $ (55 ) $ 5 $ (92 ) $ 47 $ (77 ) $ 241 $ (70 ) $ 12 Other Other liabilities (38 ) 22 1 – 4 – – (11 ) 22 $ (177 ) $ (33 ) $ 6 $ (92 ) $ 51 $ (77 ) $ 241 $ (81 ) $ 34 (1) These amounts include the foreign currency translation gains or losses arising on consolidation of foreign subsidiaries relating to the Level 3 instruments, where applicable. The unrealized losses on Investment securities recognized in other comprehensive income (OCI) million (2) Other includes amortization of premiums or discounts recognized in net income. (3) Net derivatives as at April 30, 2022 included derivative assets of $551 million million n.a. not applicable Transfers between fair value hierarchy levels for instruments carried at fair value on a recurring basis Transfers between Level 1 and Level 2, and transfers into and out of Level 3 are assumed to occur at the end of the period. For an asset or a liability that transfers into Level 3 during the period, the entire change in fair value for the period is excluded from the Gains (losses) included in earnings for positions still held column of the above reconciliation, whereas for transfers out of Level 3 during the period, the entire change in fair value for the period is included in the same column of the above reconciliation. Transfers between Level 1 and 2 are dependent on whether fair value is obtained on the basis of quoted market prices in active markets (Level 1). During the three months ended April 30, 2022, there were no significant transfers out of Level 1 to Level 2 or out of Level 2 to Level 1. Transfers between Level 2 and Level 3 are primarily due to either a change in the market observability for an input, or a change in an unobservable input’s significance to a financial instrument’s fair value. During the three months ended April 30, 2022, significant transfers out of Level 2 to Level 3 included $117 million of OTC equity options in Other contracts comprised of $57 million of derivative related assets and $174 million of derivative related liabilities, due to changes in the market observability of inputs. During the three months ended April 3 0 significant transfers out of Level 3 to Level 2. Net interest income from financial instruments Interest and dividend income arising from financial assets and financial liabilities and the associated costs of funding are reported in Net interest income. For the three months ended For the six months ended (Millions of Canadian dollars) April 30 2022 April 30 2021 April 30 2022 April 30 2021 Interest and dividend income (1), (2) Financial instruments measured at fair value through profit or loss $ 1,575 $ 1,080 $ 2,994 $ 2,252 Financial instruments measured at fair value through other comprehensive income 124 92 201 194 Financial instruments measured at amortized cost 6,059 5,726 11,941 11,688 7,758 6,898 15,136 14,134 Interest expense (1) Financial instruments measured at fair value through profit or loss 1,085 702 1,946 1,439 Financial instruments measured at amortized cost 1,399 1,342 2,645 2,806 2,484 2,044 4,591 4,245 Net interest income $ 5,274 $ 4,854 $ 10,545 $ 9,889 (1) Excludes the following amounts related to our insurance operations and included in Insurance premiums, investment and fee income in the Interim Consolidated Statements of Income: for the three months ended April 30, 2022, Interest income of $147 million (April 30, 2021 – $139 million), and Interest expense of $2 million (April 30, 2021 – $1 million); for the six months ended April 30, 2022, Interest income of $343 million (April 30, 2021 – $288 million), and Interest expense of $3 million (April 30, 2021 – $2 million). (2) Includes dividend income for the three months ended April 30, 2022 of $690 million (April 30, 2021 – $609 million) and for the six months ended April 30, 2022 of $1,440 million (April 30, 2021 – $1,217 million), which is presented in Interest and dividend income in the Interim Consolidated Statements of Income.

Securities

Securities	6 Months Ended
	Apr. 30, 2022
Text Block [Abstract]
Securities	Note 4 Securities Unrealized gains and losses on securities at FVOCI (1), (2) As at April 30, 2022 October 31, 2021 (Millions of Canadian dollars) Cost/ Gross Gross Fair value Cost/ Gross Gross Fair value Debt issued or guaranteed by: Canadian government Federal (3) $ 4,194 $ 2 $ (267 ) $ 3,929 $ 3,841 $ 1 $ (139 ) $ 3,703 Provincial and municipal 3,441 1 (462 ) 2,980 3,328 3 (199 ) 3,132 U.S. federal, state, municipal and agencies (3) 32,156 235 (1,009 ) 31,382 34,678 353 (204 ) 34,827 Other OECD government 6,547 3 (8 ) 6,542 5,949 8 (1 ) 5,956 Mortgage-backed securities (3) 2,902 – (37 ) 2,865 2,757 2 (12 ) 2,747 Asset-backed securities CDO 7,213 – (54 ) 7,159 7,074 1 (1 ) 7,074 Non-CDO securities 543 1 (5 ) 539 580 6 – 586 Corporate debt and other debt 24,858 32 (78 ) 24,812 19,731 57 (11 ) 19,777 Equities 275 301 (3 ) 573 242 292 (1 ) 533 $ 82,129 $ 575 $ (1,923 ) $ 80,781 $ 78,180 $ 723 $ (568 ) $ 78,335 (1) Excludes $73,768 million of held-to-collect securities as at April 30, 2022 that are carried at amortized cost, net of allowance for credit losses (October 31, 2021 – $67,149 million). (2) Gross unrealized gains and losses includes $(13) million of allowance for credit losses on debt securities at FVOCI as at April 30, 2022 (October 31, 2021 – $(9) million) recognized in income and Other components of equity. (3) The majority of the MBS are residential. Cost/Amortized cost, Gross unrealized gains, Gross unrealized losses and Fair value related to commercial MBS are $2,962 million, Allowance for credit losses on investment securities The following tables reconcile the opening and closing allowance for debt securities at FVOCI and amortized cost by stage. Reconciling items include the following: • Transfers between stages, which are presumed to occur before any corresponding remeasurement of the allowance. • Purchases, which reflect the allowance related to assets newly recognized during the period, including those assets that were derecognized following a modification of terms. • Sales and maturities, which reflect the allowance related to assets derecognized during the period without a credit loss being incurred, including those assets that were derecognized following a modification of terms. • Changes in risk, parameters and exposures, which comprise the impact of changes in model inputs or assumptions, including changes in forward-looking macroeconomic conditions; partial repayments; changes in the measurement following a transfer between stages; and unwinding of the time value discount due to the passage of time. Allowance for credit losses – securities at FVOCI (1) For the three months ended April 30, 2022 April 30, 2021 Performing Impaired Performing Impaired (Millions of Canadian dollars) Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 (2) Total Balance at beginning of period $ 2 $ 1 $ (14 ) $ (11 ) $ 7 $ 3 $ (5 ) $ 5 Provision for credit losses Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – – – – – – – Purchases 1 – – 1 3 – – 3 Sales and maturities (1 ) – – (1 ) (3 ) (1 ) – (4 ) Changes in risk, parameters and exposures 1 – (3 ) (2 ) – – (2 ) (2 ) Exchange rate and other (1 ) 1 – – – (1 ) – (1 ) Balance at end of period $ 2 $ 2 $ (17 ) $ (13 ) $ 7 $ 1 $ (7 ) $ 1 For the six months ended April 30, 2022 April 30, 2021 Performing Impaired Performing Impaired (Millions of Canadian dollars) Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 (2) Total Balance at beginning of perio d $ 2 $ 1 $ (12 ) $ (9 ) $ 12 $ – $ (4 ) $ 8 Provision for credit losses Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – – – – – – – Purchases 1 – – 1 5 – – 5 Sales and maturities (1 ) – – (1 ) (7 ) (1 ) – (8 ) Changes in risk, parameters and exposures 1 – (5 ) (4 ) (2 ) 3 (4 ) (3 ) Exchange rate and other (1 ) 1 – – (1 ) (1 ) 1 (1 ) Balance at end of period $ 2 $ 2 $ (17 ) $ (13 ) $ 7 $ 1 $ (7 ) $ 1 (1) Expected credit losses on debt securities at FVOCI are not separately recognized on the balance sheet as the related securities are recorded at fair value. The cumulative amount of credit losses recognized in income is presented in Other components of equity. (2) Reflects changes in the allowance for purchased credit impaired securities. Allowance for credit losses – securities at amortized cost For the three months ended April 30, 2022 April 30, 2021 Performing Impaired Performing Impaired (Millions of Canadian dollars) Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Balance at beginning of period $ 9 $ 17 $ – $ 26 $ 8 $ 18 $ – $ 26 Provision for credit losses Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – – – – – – – Purchases 2 – – 2 4 – – 4 Sales and maturities – – – – (1 ) – – (1 ) Changes in risk, parameters and exposures (2 ) (1 ) – (3 ) – (1 ) – (1 ) Exchange rate and other – – – – – – – – Balance at end of period $ 9 $ 16 $ – $ 25 $ 11 $ 17 $ – $ 28 For the six months ended April 30, 2022 April 30, 2021 Performing Impaired Performing Impaired (Millions of Canadian dollars) Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Balance at beginning of period $ 5 $ 18 $ – $ 23 $ 10 $ 19 $ – $ 29 Provision for credit losses Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – – – – – – – Purchases 8 – – 8 7 – – 7 Sales and maturities (1 ) – – (1 ) (1 ) – – (1 ) Changes in risk, parameters and exposures (3 ) (2 ) – (5 ) (5 ) – – (5 ) Exchange rate and other – – – – – (2 ) – (2 ) Balance at end of period $ 9 $ 16 $ – $ 25 $ 11 $ 17 $ – $ 28 Credit risk exposure by internal risk rating The following table presents the fair value of debt securities at FVOCI and gross carrying amount of securities at amortized cost. Risk ratings are based on internal ratings used in the measurement of expected credit losses as at the reporting date, as outlined in the internal ratings maps in the Credit risk section of our 2021 Annual Report. As at April 30, 2022 October 31, 2021 Performing Impaired Performing Impaired (Millions of Canadian dollars) Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 (1) Total Investment securities Securities at FVOCI Investment grade $ 79,395 $ 36 $ – $ 79,431 $ 77,147 $ 82 $ – $ 77,229 Non-investment grade 617 14 – 631 423 – – 423 Impaired – – 146 146 – – 150 150 80,012 50 146 80,208 77,570 82 150 77,802 Items not subject to impairment (2) 573 533 $ 80,781 $ 78,335 Securities at amortized cost Investment grade $ 72,764 $ – $ – $ 72,764 $ 66,033 $ – $ – $ 66,033 Non-investment grade 813 216 – 1,029 928 211 – 1,139 Impaired – – – – – – – – 73,577 216 – 73,793 66,961 211 – 67,172 Allowance for credit losses 9 16 – 25 5 18 – 23 Amortized cost $ 73,568 $ 200 $ – $ 73,768 $ 66,956 $ 193 $ – $ 67,149 (1) Reflects $146 million of purchased credit impaired securities (October 31, 2021 – $150 million). (2) Investment securities at FVOCI not subject to impairment represent equity securities designated as FVOCI.

Loans and allowance for credit

Loans and allowance for credit losses	6 Months Ended
	Apr. 30, 2022
Text Block [Abstract]
Loans and allowance for credit losses	Note 5 Loans and allowance for credit losses Allowance for credit losses For the three months ended April 30, 2022 April 30, 2021 (Millions of Canadian dollars) Balance at Provision Net write-offs Exchange Balance at Balance at Provision Net write-offs Exchange Balance at Retail Residential mortgages $ 409 $ (16 ) $ (7 ) $ 2 $ 388 $ 512 $ 2 $ (7 ) $ (12 ) $ 495 Personal 1,038 (39 ) (56 ) – 943 1,315 42 (79 ) (3 ) 1,275 Credit cards 870 8 (83 ) – 795 1,201 17 (81 ) (2 ) 1,135 Small business 178 5 (6 ) 2 179 143 1 (5 ) 50 189 Wholesale 1,811 (246 ) (15 ) (9 ) 1,541 2,622 (143 ) (36 ) (132 ) 2,311 Customers’ liability under acceptances 83 (42 ) – – 41 121 (2 ) – 1 120 $ 4,389 $ (330 ) $ (167 ) $ (5 ) $ 3,887 $ 5,914 $ (83 ) $ (208 ) $ (98 ) $ 5,525 Presented as: Allowance for loan losses $ 4,047 $ 3,566 $ 5,478 $ 5,146 Other liabilities – Provisions 251 275 309 227 Customers’ liability under acceptances 83 41 121 120 Other components of equity 8 5 6 32 For the six months ended April 30, 2022 April 30, 2021 (Millions of Canadian dollars) Balance at Provision Net write-offs Exchange Balance at Balance at Provision Net write-offs Exchange Balance at Retail Residential mortgages $ 416 $ (22 ) $ (12 ) $ 6 $ 388 $ 518 $ 17 $ (14 ) $ (26 ) $ 495 Personal 1,079 (21 ) (112 ) (3 ) 943 1,309 111 (138 ) (7 ) 1,275 Credit cards 875 73 (154 ) 1 795 1,246 42 (150 ) (3 ) 1,135 Small business 177 8 (10 ) 4 179 140 9 (10 ) 50 189 Wholesale 1,797 (234 ) (21 ) (1 ) 1,541 2,795 (154 ) (122 ) (208 ) 2,311 Customers’ liability under acceptances 75 (34 ) – – 41 107 13 – – 120 $ 4,419 $ (230 ) $ (309 ) $ 7 $ 3,887 $ 6,115 $ 38 $ (434 ) $ (194 ) $ 5,525 Presented as: Allowance for loan losses $ 4,089 $ 3,566 $ 5,639 $ 5,146 Other liabilities – Provisions 241 275 363 227 Customers’ liability under acceptances 75 41 107 120 Other components of equity 14 5 6 32 The following table reconciles the opening and closing for each major product of loans and commitments as determined by our modelled, scenario-weighted allowance and the application of expert credit judgment as applicable. Reconciling items include the following: • Transfers between stages, which are presumed to occur before any corresponding remeasurements of the allowance. • Originations, which reflect the allowance related to assets newly recognized during the period, including those assets that were derecognized following a modification of terms. • Maturities, which reflect the allowance related to assets derecognized during the period without a credit loss being incurred, including those assets that were derecognized following a modification of terms. • Changes in risk, parameters and exposures, which comprise the impact of changes in model inputs or assumptions, including changes in forward-looking macroeconomic conditions; partial repayments and additional draws on existing facilities; changes in the measurement following a transfer between stages; and unwinding of the time value discount due to the passage of time in stage 1 and stage 2. Allowance for credit losses – Retail and wholesale loans For the three months ended April 30, 2022 April 30, 2021 Performing Impaired Performing Impaired (Millions of Canadian dollars) Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Residential mortgages Balance at beginning of period $ 187 $ 85 $ 137 $ 409 $ 192 $ 162 $ 158 $ 512 Provision for credit losses Transfers to stage 1 36 (31 ) (5 ) – 46 (41 ) (5 ) – Transfers to stage 2 (4 ) 5 (1 ) – (4 ) 4 – – Transfers to stage 3 – (8 ) 8 – (1 ) (14 ) 15 – Originations 29 – – 29 23 – – 23 Maturities (5 ) (1 ) – (6 ) (10 ) (14 ) – (24 ) Changes in risk, parameters and exposures (60 ) 20 1 (39 ) (52 ) 55 – 3 Write-offs – – (10 ) (10 ) – – (10 ) (10 ) Recoveries – – 3 3 – – 3 3 Exchange rate and other 1 1 – 2 (2 ) (4 ) (6 ) (12 ) Balance at end of period $ 184 $ 71 $ 133 $ 388 $ 192 $ 148 $ 155 $ 495 Personal Balance at beginning of period $ 404 $ 547 $ 87 $ 1,038 $ 476 $ 721 $ 118 $ 1,315 Provision for credit losses Transfers to stage 1 157 (157 ) – – 145 (144 ) (1 ) – Transfers to stage 2 (39 ) 39 – – (25 ) 25 – – Transfers to stage 3 – (13 ) 13 – – (18 ) 18 – Originations 22 – – 22 28 – – 28 Maturities (17 ) (25 ) – (42 ) (25 ) (42 ) – (67 ) Changes in risk, parameters and exposures ( 216 ) 159 38 (19 ) (108 ) 140 49 81 Write-offs – – (89 ) (89 ) – – (112 ) (112 ) Recoveries – – 33 33 – – 33 33 Exchange rate and other (1 ) – 1 – – (2 ) (1 ) (3 ) Balance at end of period $ 310 $ 550 $ 83 $ 943 $ 491 $ 680 $ 104 $ 1,275 Credit cards Balance at beginning of period $ 226 $ 644 $ – $ 870 $ 353 $ 848 $ – $ 1,201 Provision for credit losses Transfers to stage 1 129 (129 ) – – 152 (152 ) – – Transfers to stage 2 (28 ) 28 – – (28 ) 28 – – Transfers to stage 3 – (81 ) 81 – – (76 ) 76 – Originations 2 – – 2 1 – – 1 Maturities (2 ) (7 ) – (9 ) (2 ) (7 ) – (9 ) Changes in risk, parameters and exposures (159 ) 172 2 15 (149 ) 168 6 25 Write-offs – – (126 ) (126 ) – – (121 ) (121 ) Recoveries – – 43 43 – – 40 40 Exchange rate and other 1 (1 ) – – (1 ) – (1 ) (2 ) Balance at end of period $ 169 $ 626 $ – $ 795 $ 326 $ 809 $ – $ 1,135 Small business Balance at beginning of period $ 87 $ 56 $ 35 $ 178 $ 74 $ 33 $ 36 $ 143 Provision for credit losses Transfers to st a 4 (4 ) – – 26 (26 ) – – Transfers to stage 2 (6 ) 6 – – (5 ) 5 – – Transfers to stage 3 – (1 ) 1 – – – – – Originations 8 – – 8 8 – – 8 Maturities (6 ) (5 ) – (11 ) (5 ) (3 ) – (8 ) Changes in risk, parameters and exposures (13 ) 13 8 8 (39 ) 32 8 1 Write-offs – – (9 ) (9 ) – – (7 ) (7 ) Recoveries – – 3 3 – – 2 2 Exchange rate and other 3 1 (2 ) 2 22 30 (2 ) 50 Balance at end of period $ 77 $ 66 $ 36 $ 179 $ 81 $ 71 $ 37 $ 189 Wholesale Balance at beginning of period $ 580 $ 765 $ 466 $ 1,811 $ 895 $ 1,145 $ 582 $ 2,622 Provision for credit losses Transfers to stage 1 160 (158 ) (2 ) – 126 (123 ) (3 ) – Transfers to stage 2 (23 ) 23 – – (40 ) 52 (12 ) – Transfers to stage 3 (1 ) (23 ) 24 – (1 ) (22 ) 23 – Originations 127 – – 127 153 – – 153 Maturities (92 ) (84 ) – (176 ) (133 ) (135 ) – (268 ) Changes in risk, parameters and exposures (267 ) 64 6 (197 ) (194 ) 163 3 (28 ) Write-offs – – (26 ) (26 ) – – (51 ) (51 ) Recoveries – – 11 11 – – 15 15 Exchange rate and other (1 ) 3 (11 ) (9 ) (42 ) (56 ) (34 ) (132 ) Balance at end of period $ 483 $ 590 $ 468 $ 1,541 $ 764 $ 1,024 $ 523 $ 2,311 For the six months ended April 30, 2022 April 30, 2021 Performing Impaired Performing Impaired (Millions of Canadian dollars) Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Residential mortgages Balance at beginning of period $ 186 $ 92 $ 138 $ 416 $ 206 $ 160 $ 152 $ 518 Provision for credit losses Transfers to stage 1 60 (50 ) (10 ) – 120 (110 ) (10 ) – Transfers to stage 2 (6 ) 7 (1 ) – (10 ) 12 (2 ) – Transfers to stage 3 (1 ) (15 ) 16 – (1 ) (27 ) 28 – Originations 59 – – 59 53 – – 53 Maturities (12 ) (4 ) – (16 ) (16 ) (18 ) – (34 ) Changes in risk, parameters and exposures (104 ) 39 – (65 ) (156 ) 141 13 (2 ) Write-offs – – (20 ) (20 ) – – (19 ) (19 ) Recoveries – – 8 8 – – 5 5 Exchange rate and other 2 2 2 6 (4 ) (10 ) (12 ) (26 ) Balance at end of period $ 184 $ 71 $ 133 $ 388 $ 192 $ 148 $ 155 $ 495 Personal Balance at beginning of period $ 422 $ 569 $ 88 $ 1,079 $ 480 $ 733 $ 96 $ 1,309 Provision for credit losses Transfers to stage 1 327 (326 ) (1 ) – 342 (340 ) (2 ) – Transfers to stage 2 (61 ) 61 – – (52 ) 52 – – Transfers to stage 3 (1 ) (25 ) 26 – (1 ) (32 ) 33 – Originations 48 – – 48 61 – – 61 Maturities (38 ) (50 ) – (88 ) (47 ) (69 ) – (116 ) Changes in risk, parameters and exposures (387 ) 321 85 19 (290 ) 338 118 166 Write-offs – – (175 ) (175 ) – – (206 ) (206 ) Recoveries – – 63 63 – – 68 68 Exchange rate and other – – (3 ) (3 ) (2 ) (2 ) (3 ) (7 ) Balance at end of period $ 310 $ 550 $ 83 $ 943 $ 491 $ 680 $ 104 $ 1,275 Credit cards Balance at beginning of period $ 233 $ 642 $ – $ 875 $ 364 $ 882 $ – $ 1,246 Provision for credit losses Transfers to stage 1 275 (275 ) – – 378 (378 ) – – Transfers to stage 2 (51 ) 51 – – (58 ) 58 – – Transfers to stage 3 (1 ) (151 ) 152 – (2 ) (136 ) 138 – Originations 6 – – 6 3 – – 3 Maturities (3 ) (14 ) – (17 ) (4 ) (15 ) – (19 ) Changes in risk, parameters and exposures (291 ) 373 2 84 (354 ) 399 13 58 Write-offs – – (238 ) (238 ) – – (227 ) (227 ) Recoveries – – 84 84 – – 77 77 Exchange rate and other 1 – – 1 (1 ) (1 ) (1 ) (3 ) Balance at end of period $ 169 $ 626 $ – $ 795 $ 326 $ 809 $ – $ 1,135 Small business Balance at beginning of period $ 88 $ 55 $ 34 $ 177 $ 78 $ 29 $ 33 $ 140 Provision for credit losses Transfers to stage 1 9 (9 ) – – 39 (39 ) – – Transfers to stage 2 (8 ) 8 – – (6 ) 6 – – Transfers to stage 3 – (2 ) 2 – – (1 ) 1 – Originations 17 – – 17 17 – – 17 Maturities (11 ) (12 ) – (23 ) (11 ) (6 ) – (17 ) Changes in risk, parameters and exposures (23 ) 24 13 14 (59 ) 52 16 9 Write-offs – – (15 ) (15 ) – – (14 ) (14 ) Recoveries – – 5 5 – – 4 4 Exchange rate and other 5 2 (3 ) 4 23 30 (3 ) 50 Balance at end of period $ 77 $ 66 $ 36 $ 179 $ 81 $ 71 $ 37 $ 189 Wholesale Balance at beginning of period $ 566 $ 794 $ 437 $ 1,797 $ 995 $ 1,132 $ 668 $ 2,795 Provision for credit losses Transfers to stage 1 268 (265 ) (3 ) – 255 (252 ) (3 ) – Transfers to stage 2 (41 ) 41 – – (87 ) 113 (26 ) – Transfers to stage 3 (2 ) (27 ) 29 – (2 ) (37 ) 39 – Originations 283 – – 283 360 – – 360 Maturities (198 ) (191 ) – (389 ) (298 ) (274 ) – (572 ) Changes in risk, parameters and exposures (396 ) 224 44 (128 ) (401 ) 420 39 58 Write-offs – – (49 ) (49 ) – – (149 ) (149 ) Recoveries – – 28 28 – – 27 27 Exchange rate and other 3 14 (18 ) (1 ) (58 ) (78 ) (72 ) (208 ) Balance at end of period $ 483 $ 590 $ 468 $ 1,541 $ 764 $ 1,024 $ 523 $ 2,311 Key inputs and assumptions The following provides an update on the key inputs and assumptions used in the m e While the economic impact from the COVID-19 pandemic has eased in most regions with recoveries in travel and hospitality sectors contributing to near-term growth momentum, the COVID-19 pandemic continues to impact goods manufacturing and supply. Supply chain disruptions and rising commodity prices, further impacted by the conflict between Russia and Ukraine, are adding to inflationary pressures. Central banks are expected to continue raising interest rates at an aggressive pace in response to rising inflation and low unemployment rates. In light of the ongoing uncertainty of the impact of these factors on the economic outlook, our allowances continue to require the application of heightened judgment. To reflect relevant risk factors not captured in our modelled results, we applied expert credit judgment in determining significant increases in credit risk since origination and our weighted allowance for credit losses. While the degree of uncertainty associated with the impact of the COVID-19 pandemic on our allowance estimates has reduced, the level of expert credit judgment applied in measurement of our allowances remains elevated as compared to pre-pandemic levels. We applied quantitative and qualitative adjustments for the impacts of the unprecedented macroeconomic environment, including the continued impact of government support programs in offsetting the effect of COVID-19 related unemployment on the economy and on mitigating the losses for the sectors most sensitive to the economic impact of the COVID-19 pandemic. The easing economic impact from the COVID-19 pandemic, tempered by intensifying inflationary pressures, accelerated central bank interest rate increases, and heightened geopolitical risks, have been reflected through changes to our scenario design and weights. Our base scenario reflects low unemployment rates, high inflation, supply chain pressures, and increased expectations for central banks to increase interest rates at an aggressive pace. Rising interest rates are expected to slow GDP growth later this year and into calendar 2023. Downside scenarios, including two additional and more severe downside scenarios designed for the energy and real estate sectors, reflect the possibility of a macroeconomic shock beginning in calendar Q3 2022. Conditions are expected to deteriorate from Q2 2022 levels for up to 18 months, followed by a recovery for the remainder of the period. These scenarios assume monetary policy responses that return the economy to a long-run, sustainable growth rate within the forecast period. The possibility of a prolonged recovery period following the macroeconomic shock, including further monetary policy responses to elevated inflation rates which may increase credit risk as compared to our base scenario, is reflected in our general downside scenario. The upside scenario reflects slightly stronger economic growth than the base scenario, without prompting a further offsetting monetary policy response as compared to our base scenario, followed by a return to a long-run sustainable growth rate within the forecast period. The following provides additional detail about our forecasts for certain key macroeconomic variables used in the models to estimate ACL: • Unemployment In our base forecast, calendar Q2 2022 unemployment rates are expected to decrease to in Canada, and remain unchanged from Q1 2022 in the U.S. Both Canadian and U.S. unemployment rates have improved to below long run equilibrium and are expected to return to equilibrium by the end of calendar 2023 in Canada and end of calendar 2025 in the U.S. • Gross Domestic Product (GDP) • Oil price (West Texas Intermediate in US$) • Canadian housing price index de Credit risk exposure by internal risk rating The following table presents the gross carrying amount of loans measured at amortized cost, and the full contractual amount of undrawn loan commitments subject to the impairment requirements of IFRS 9. Risk ratings are based on internal ratings used in the measurement of expected credit losses as at the reporting date, as o u As at April 30, 2022 October 31, 2021 (Millions of Canadian dollars) Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Retail Loans outstanding – Residential mortgages Low risk $ 325,157 $ 3,295 $ – $ 328,452 $ 310,334 $ 1,507 $ – $ 311,841 Medium risk 14,173 1,965 – 16,138 15,152 2,051 – 17,203 High risk 1,090 2,711 – 3,801 3,343 634 – 3,977 Not rat e (1) 48,111 982 – 49,093 45,512 913 – 46,425 Impaired – – 588 588 – – 645 645 388,531 8,953 588 398,072 374,341 5,105 645 380,091 Items not subje c (2) 298 241 Total $ 398,370 $ 380,332 Loans outstanding – Personal Low risk $ 73,935 $ 1,195 $ – $ 75,130 $ 72,267 $ 698 $ – $ 72,965 Medi u 5,265 4,025 – 9,290 4,974 4,551 – 9,525 High risk 354 1,385 – 1,739 687 1,045 – 1,732 Not rated (1) 9,610 96 – 9,706 8,934 88 – 9,022 Impaired – – 203 203 – – 197 197 Total $ 89,164 $ 6,701 $ 203 $ 96,068 $ 86,862 $ 6,382 $ 197 $ 93,441 Loans outstanding – Credit cards Low risk $ 13,639 $ 34 $ – $ 13,673 $ 12,864 $ 24 $ – $ 12,888 Medium risk 1,648 1,524 – 3,172 1,646 1,645 – 3,291 High risk 49 1,104 – 1,153 136 937 – 1,073 Not rated (1) 597 73 – 670 527 43 – 570 Total $ 15,933 $ 2,735 $ – $ 18,668 $ 15,173 $ 2,649 $ – $ 17,822 Loans outstanding – Small business Low risk $ 8,657 $ 332 $ – $ 8,989 $ 8,609 $ 274 $ – $ 8,883 Medium risk 1,486 1,040 – 2,526 1,583 979 – 2,562 High risk 131 316 – 447 227 218 – 445 Not rated (1) 5 – – 5 4 – – 4 Impaired – – 110 110 – – 109 109 Total $ 10,279 $ 1,688 $ 110 $ 12,077 $ 10,423 $ 1,471 $ 109 $ 12,003 Undrawn loan commitments – Retail Low risk $ 240,043 $ 1,151 $ – $ 241,194 $ 229,516 $ 574 $ – $ 230,090 Medium risk 8,552 – 8,714 9,475 133 – 9,608 High risk 942 306 – 1,248 1,205 97 – 1,302 Not rated (1) 5,157 84 – 5,241 4,854 90 – 4,944 Total $ 254,694 $ 1,703 $ – $ 256,397 $ 245,050 $ 894 $ – $ 245,944 Wholesale – Loans outstanding Investment grade $ 77,597 $ 545 $ – $ 78,142 $ 62,975 $ 226 $ – $ 63,201 Non-investment grade 137,064 13,761 – 150,825 117,396 15,146 – 132,542 Not rated (1) 10,875 353 – 11,228 9,339 430 – 9,769 Impaired – – 1,236 1,236 – – 1,357 1,357 225,536 14,659 1,236 241,431 189,710 15,802 1,357 206,869 Items not subject to impairment (2) 11,416 11,197 Total $ 252,847 $ 218,066 Undrawn loan commitments – Wholesale Investment grade $ 260,284 $ 592 $ – $ 260,876 $ 246,539 $ 1,122 $ – $ 247,661 Non-investment grade 114,890 10,687 – 125,577 108,063 12,377 – 120,440 Not rated (1) 3,589 – – 3,589 3,476 1 – 3,477 Total $ 378,763 $ 11,279 $ – $ 390,042 $ 358,078 $ 13,500 $ – $ 371,578 (1) In certain cases where an internal risk rating is not assigned, we use other approved credit risk assessment or rating methodologies, policies and tools to manage our credit risk. (2) Items not subject to impairment are loans held at FVTPL. Loans past due but not impaired (1), (2) As at April 30, 2022 October 31, 2021 (Millions of Canadian dollars) 30 to 89 days 90 days Total 30 to 89 days 90 days Total Retail $ 929 $ 162 $ 1,091 $ 1,105 $ 137 $ 1,242 Wholesale 1,489 18 1,507 1,230 – 1,230 $ 2,418 $ 180 $ 2,598 $ 2,335 $ 137 $ 2,472 (1) Excludes loans less than 30 days past due as they are not generally representative of the borrowers’ ability to meet their payment obligations. (2) Amounts presented may include loans past due as a result of administrative processes, such as mortgage loans on which payments are restrained pending payout due to sale or refinance, which can fluctuate based on business volumes. Past due loans arising from administrative processes are not representative of the borrowers’ ability to meet their payment obligations.

Significant acquisition

Significant acquisition	6 Months Ended
	Apr. 30, 2022
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Significant acquisition	Note 6 Significant acquisition Acquisition Wealth Management On March 31, 2022, we announced our intention via our subsidiary, RBC Wealth Management (Jersey) Holdings Limited , pence per share for the entire issued and to be issued share capital of Brewin Dolphin, which values Brewin Dolphin at approximately £ billion ($ billion) on a fully diluted basis as at March 30, 2022. Brewin Dolphin provides discretionary wealth management services in the U.K. and Ireland. The transaction is expected to close by the end of the third calendar quarter of 2022, subject to regulatory approvals and other customary closing conditions. The results of the acquired business will be consolidated from the date of close.

Deposits

Deposits	6 Months Ended
	Apr. 30, 2022
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Deposits	Note 7 Deposits As at April 30, 2022 October 31, 2021 (Millions of Canadian dollars) Demand Notice Term Total Demand (1) Notice (2) Term (3) Total Personal $ 215,310 $ 67,988 $ 99,583 $ 382,881 $ 207,493 $ 64,613 $ 90,382 $ 362,488 Business and government 357,482 18,288 349,208 724,978 356,020 20,800 319,533 696,353 Bank 11,185 222 32,331 43,738 12,549 449 28,992 41,990 $ 583,977 $ 86,498 $ 481,122 $ 1,151,597 $ 576,062 $ 85,862 $ 438,907 $ 1,100,831 Non-interest-bearing (4) Canada $ 160,319 $ 8,338 $ 461 $ 169,118 $ 151,475 $ 8,051 $ 713 $ 160,239 United States 56,437 – – 56,437 54,021 – – 54,021 Europe (5) 424 – – 424 632 – – 632 Other International 8,837 – – 8,837 8,002 – – 8,002 Interest-bearing (4) Canada 315,156 20,362 336,744 672,262 315,464 19,857 312,987 648,308 United States 7,396 57,277 87,043 151,716 6,978 57,260 77,597 141,835 Europe (5) 30,127 521 43,604 74,252 34,278 693 36,788 71,759 Other International 5,281 – 13,270 18,551 5,212 1 10,822 16,035 $ 583,977 $ 86,498 $ 481,122 $ 1,151,597 $ 576,062 $ 85,862 $ 438,907 $ 1,100,831 (1) Demand deposits are deposits for which we do not have the right to require notice of withdrawal, which include both savings and chequing accounts. (2) Notice deposits are deposits for which we can legally require notice of withdrawal. These deposits are primarily savings accounts. (3) Term deposits are deposits payable on a fixed date, and include term deposits, guaranteed investment certificates and similar instruments. (4) The geographical splits of the deposits are based on the point of origin of the deposits and where the revenue is recognized. As at April 30, 2022, deposits denominated in U.S. dollars, British pounds, Euro and other foreign currencies were $433 billion, billion, billion billion, (5) Europe includes United Kingdom, Luxembourg, the Channel Islands, and France. Contractual maturities of term deposits As at (Millions of Canadian dollars) April 30 2022 October 31 2021 Within 1 year: less than 3 months $ 148,687 $ 133,776 3 to 6 months 59,436 64,062 6 to 12 months 103,038 83,871 1 to 2 years 45,096 45,532 2 to 3 years 38,498 29,204 3 to 4 years 23,629 24,573 4 to 5 years 32,385 25,329 Over 5 years 30,353 32,560 $ 481,122 $ 438,907 Aggregate amount of term deposits in denominations of one hundred thousand dollars or more $ 451,000 $ 416,000

Employee benefits - Pension and

Employee benefits - Pension and other post-employment benefits	6 Months Ended
	Apr. 30, 2022
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Employee benefits - Pension and other post-employment benefits	Note 8 Employee benefits – Pension and other post-employment benefits We offer a number of defined benefit and defined contribution plans which provide pension and post-employment benefits to eligible employees. The following tables present the composition of our pension and other post-employment benefit expense and the effects of remeasurements recorded in other comprehensive income. Pension and other post-employment benefit expense For the three months ended Pension plans Other post-employment benefit plans (Millions of Canadian dollars) April 30 2022 April 30 2021 April 30 2022 April 30 2021 Current service costs $ 78 $ 90 $ 7 $ 11 Past service costs (1 ) – – – Net interest expense (income) (21 ) 2 15 14 Remeasurements of other long-term benefits – – (14 ) (11 ) Administrative expense 4 3 – – Defined benefit pension expense 60 95 8 14 Defined contribution pension expense 56 57 – – $ 116 $ 152 $ 8 $ 14 For the six months ended Pension plans Other post-employment benefit plans (Millions of Canadian dollars) April 30 2022 April 30 2021 April 30 2022 April 30 2021 Current service costs $ 155 $ 180 $ 17 $ 22 Past service costs (1 ) – 2 – Net interest expense (income) (42 ) 4 31 28 Remeasurements of other long-term benefits – – (13 ) (10 ) Administrative expense 7 6 – – Defined benefit pension expense 119 190 37 40 Defined contribution pension expense 130 123 – – $ 249 $ 313 $ 37 $ 40 Pension and other post-employment benefit remeasurements (1) For the three months ended Defined benefit pension plans Other post-employment benefit plans (Millions of Canadian dollars) April 30 2022 April 30 2021 April 30 2022 April 30 2021 Actuarial (gains) losses: Changes in financial assumptions (2) $ (2,337 ) $ (1,380 ) $ (218 ) $ (113 ) Experience adjustments 1 – (3 ) (3 ) Return on plan assets (excluding interest based on discount rate) 1,525 227 – – $ (811 ) $ (1,153 ) $ (221 ) $ (116 ) For the six months ended Defined benefit pension plans Other post-employment benefit plans (Millions of Canadian dollars) April 30 2022 April 30 2021 April 30 2022 April 30 2021 Actuarial (gains) losses: Changes in financial assumptions (2) $ (2,998 ) $ (1,392 ) $ (258 ) $ (135 ) Experience adjustments 1 – (3 ) (3 ) Return on plan assets (excluding interest based on discount rate) 1,843 (797 ) – – $ (1,154 ) $ (2,189 ) $ (261 ) $ (138 ) (1) Market based assumptions, including Changes in financial assumptions and Return on plan assets, are reviewed on a quarterly basis. All other assumptions are updated during our annual review of plan assumptions. (2) Changes in financial assumptions in our defined benefit pension plans primarily relate to changes in discount rates.

Income taxes

Income taxes	6 Months Ended
	Apr. 30, 2022
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Income taxes	Note 9 Income taxes Government of Canada budget 2022 On April 7, 2022, the Government of Canada pres e number Legislation relating to these proposed measures has yet to be issued and timing of enactment remains uncertain. While the ultimate impact will depend on the final legislation, the CRD is expected to reduce our net income when substantively enacted. Tax examinations and assessments During the second quarter of 2022, we received proposal letters (the Proposals) from the Canada Revenue Agency (CRA), in respect of the 2017 taxation year, which suggest that Royal Bank of Canada owes additional taxes of approximately $237 million as they denied the deductibility of certain dividends. This amount represents the maximum additional taxes owing for that year. The Proposals are consistent with the previously received reassessments as described in Note 21 of our 2021 Annual Consolidated Financial Statements. It is possible that the CRA will reassess us for significant additional income taxes for subsequent years on the same basis. In all cases, we are confident that our tax filing position was appropriate and intend to defend ourselves vigorously.

Significant capital and funding

Significant capital and funding transactions	6 Months Ended
	Apr. 30, 2022
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Significant capital and funding transactions	Note 10 Significant capital and funding transactions Preferred shares On November 5, 2021, we issued 750 thousand Non-Cumulative 5-Year Fixed Rate Reset First Preferred Shares Series BT to certain institutional investors, at a price of $1,000 per share, for total gross proceeds of $750 million. For the initial five year period to the earliest redemption date of February 24, 2027, the shares pay semi-annual cash dividends, if declared, at a rate of 4.2% per annum. The dividend rate will reset on the earliest redemption date and every fifth year thereafter at a rate equal to the 5-year Government of Canada bond yield plus a premium of 2.71%. Subject to the consent of the Office of the Superintendent of Financial Institutions (OSFI) and the requirements of the Bank Act (Canada), we may redeem the Series BT Preferred Shares in whole or in part at a price per share of $ on the earliest redemption date and every fifth year thereafter. The shares include non-viability contingency capital (NVCC) provisions necessary for them to qualify as Tier 1 regulatory capital under Basel III. On February 24, 2022, we redeemed all 6 million Non-Cumulative First Preferred Shares Series BJ, at a price of $25.75 per share. Subordinated debentures On January 25, 2022, we issued $1,000 million of NVCC subordinated debentures. The notes bear interest at a fixed rate of 2.94% per annum until May 3, 2027, and at the three-month Canadian Dollar Offered Rate plus 0.76% thereafter until their maturity on May 3, 2032. Common shares issued (1) For the three months ended April 30, 2022 April 30, 2021 (Millions of Canadian dollars, except number of shares) Number of Amount Number of Amount Issued in connection with share-based compensation plans (2) 105 $ 8 324 $ 25 Purchased for cancellation (3) (13,700 ) (171 ) – – (13,595 ) $ (163 ) 324 $ 25 For the six months ended April 30, 2022 April 30, 2021 (Millions of Canadian dollars, except number of shares) Number of Amount Number of Amount Issued in connection with share-based compensation plans (2) 512 $ 42 820 $ 61 Purchased for cancellati o (3) (22,571 ) (282 ) – – (22,059 ) $ (240 ) 820 $ 61 (1) The requirements of our dividend reinvestment plan (DRIP) are satisfied through either open market share purchases or shares issued from treasury. During the three and six months ended April 30, 2022 and April 30, 2021, our DRIP’s requirements were satisfied through open market share purchases. (2) Amounts include cash received for stock options exercised during the period and the fair value adjustment to stock options. (3) During the three months ended April 30, 2022, we purchased for cancellation common shares at a total fair value of $1,892 million (average cost of $138.04 per share), with a book value of $171 million (book value of $12.46 per share). During the six months ended April 30, 2022, we purchased for cancellation common shares at a total fair value of $3,106 million (average cost of $137.57 per share), with a book value of $282 million (book value of $12.46 per share). During the three months and six months ended April 30, 2021, we did not purchase for cancellation any common shares.

Earnings per share

Earnings per share	6 Months Ended
	Apr. 30, 2022
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Earnings per share	Note 11 Earnings per share For the three months ended For the six months ended (Millions of Canadian dollars, except share and per share amounts) April 30 2022 April 30 2021 April 30 2022 April 30 2021 Basic earnings per share Net income $ 4,253 $ 4,015 $ 8,348 $ 7,862 Dividends on preferred shares and distributions on other equity instruments (68 ) (76 ) (122 ) (134 ) Net income attributable to non-controlling interests (3 ) (1 ) (5 ) (3 ) Net income available to common shareholders $ 4,182 $ 3,938 $ 8,221 $ 7,725 Weighted average number of common shares (in thousands) 1,409,702 1,424,889 1,415,855 1,424,107 Basic earnings per share (in dollars) $ 2.97 $ 2.76 $ 5.81 $ 5.42 Diluted earnings per share Net income available to common shareholders $ 4,182 $ 3,938 $ 8,221 $ 7,725 Weighted average number of common shares (in thousands) 1,409,702 1,424,889 1,415,855 1,424,107 Stock options (1) 2,247 1,533 2,219 1,362 Issuable under other share-based compensation plans 603 685 602 714 Average number of diluted common shares (in thousands) 1,412,552 1,427,107 1,418,676 1,426,183 Diluted earnings per share (in dollars) $ 2.96 $ 2.76 $ 5.80 $ 5.42 (1) The dilutive effect of stock options was calculated using the treasury stock method. When the exercise price of options outstanding is greater than the average market price of our common shares, the options are excluded from the calculation of diluted earnings per share. For the three and six months ended April 30, 2022, ,

Legal and regulatory matters

Legal and regulatory matters	6 Months Ended
	Apr. 30, 2022
Text Block [Abstract]
Legal and regulatory matters	Note 12 Legal and regulatory matters We are a large global institution that is subject to many different complex legal and regulatory requirements that continue to evolve. We are and have been subject to a variety of legal proceedings, including civil claims and lawsuits, regulatory examinations, investigations, audits and requests for information by various governmental regulatory agencies and law enforcement authorities in various jurisdictions. Some of these matters may involve novel legal theories and interpretations and may be advanced under criminal as well as civil statutes, and some proceedings could result in the imposition of civil, regulatory enforcement or criminal penalties. We review the status of all proceedings on an ongoing basis and will exercise judgment in resolving them in such manner as we believe to be in our best interest. This is an area of significant judgment and uncertainty and the extent of our financial and other exposure to these proceedings after taking into account current accruals could be material to our results of operations in any particular period. Our significant legal proceeding and regulatory matters are described in Note 24 of our audited 2021 Annual Consolidated Financial Statements and as updated below. London Interbank Offered Rate litigation In respect of the consolidated class action in New York, on December 30, 2021, the United States Court of Appeals for the Second Circuit issued an opinion affirming in part and reversing in part certain district court rulings that had dismissed a substantial portion of the consolidated class action on jurisdictional grounds and lack of standing. The Second Circuit remanded the matter to the district court for further proceedings consistent with its decision. Based on the facts currently known, it is not possible at this time for us to predict the ultimate outcome of these proceedings or the timing of their resolution. In respect of the New York class action relating to the setting of LIBOR after its administration was taken over by the Intercontinental Exchange, following the withdrawal of the named plaintiffs and the substitution of the plaintiff in 2021, the United States Court of Appeals for the Second Circuit dismissed the plaintiff’s appeal on February 14, 2022 for lack of jurisdiction. Interchange fees litigation The courts in all five provinces have approved the global settlement of the Canadian banks, including RBC, and this resolves all pending Canadian class actions involving interchange fees. Royal Bank of Canada Trust Company (Bahamas) Limited proceedings The November 3, 2020 opinion issued by the Solicitor of Labor of the U.S. Department of Labor has been withdrawn. The October 28, 2016 exemption granted to Royal Bank of Canada and its current and future affiliates by the U.S. Department of Labor remains unaffected.

Results by business segment

Results by business segment	6 Months Ended
	Apr. 30, 2022
Text Block [Abstract]
Results by business segment	Note 13 Results by business segment For the three months ended April 30, 2022 (Millions of Canadian dollars) Personal & Wealth Insurance Investor & Capital Corporate Total Net interest income (2) $ 3,234 $ 780 $ – $ 148 $ 1,181 $ (69 ) $ 5,274 Non-interest income 1,505 2,825 234 403 1,167 (188 ) 5,946 Total revenue 4,739 3,605 234 551 2,348 (257 ) 11,220 Provision for credit losses (276 ) (30 ) – – (37 ) 1 (342 ) Insurance policyholder benefits, claims and acquisition expense – – (180 ) – – – (180 ) Non-interest expense 2,015 2,644 145 398 1,350 (118 ) 6,434 Income (loss) before income taxes 3,000 991 269 153 1,035 (140 ) 5,308 Income taxes (recoveries) 766 241 63 32 240 (287 ) 1,055 Net income $ 2,234 $ 750 $ 206 $ 121 $ 795 $ 147 $ 4,253 Non-interest expense includes: Depreciation and amortization $ 232 $ 228 $ 14 $ 50 $ 124 $ 2 $ 650 For the three months ended April 30, 2021 (Millions of Canadian dollars) Personal & Wealth Insurance Investor & Capital Corporate Total Net interest income (2) $ 3,085 $ 666 $ – $ 87 $ 1,121 $ (105 ) $ 4,854 Non-interest income 1,442 2,594 536 447 1,597 148 6,764 Total revenue 4,527 3,260 536 534 2,718 43 11,618 Provision for credit losses 35 (2 ) – (2 ) (127 ) – (96 ) Insurance policyholder benefits, claims and acquisition expense – – 149 – – – 149 Non-interest expense 1,915 2,371 140 375 1,468 110 6,379 Income (loss) before income taxes 2,577 891 247 161 1,377 (67 ) 5,186 Income taxes (recoveries) 669 208 60 41 306 (113 ) 1,171 Net income $ 1,908 $ 683 $ 187 $ 120 $ 1,071 $ 46 $ 4,015 Non-interest expense includes: Depreciation and amortization $ 229 $ 218 $ 15 $ 47 $ 126 $ 1 $ 636 For the six months ended April 30, 2022 (Millions of Canadian dollars) Personal & Wealth Insurance Investor & Capital Corporate Total Net interest income (2) $ 6,463 $ 1,525 $ – $ 311 $ 2,422 $ (176 ) $ 10,545 Non-interest income 3,079 5,693 1,633 827 2,736 (227 ) 13,741 Total revenue 9,542 7,218 1,633 1,138 5,158 (403 ) 24,286 Provision for credit losses (147 ) (42 ) – – (49 ) 1 (237 ) Insurance policyholder benefits, claims and acquisition expense – – 817 – – – 817 Non-interest expense 4,037 5,225 292 818 2,822 (180 ) 13,014 Income (loss) before income taxes 5,652 2,035 524 320 2,385 (224 ) 10,692 Income taxes (recoveries) 1,444 490 121 81 560 (352 ) 2,344 Net income $ 4,208 $ 1,545 $ 403 $ 239 $ 1,825 $ 128 $ 8,348 Non-interest expense includes: Depreciation and amortization $ 465 $ 456 $ 29 $ 99 $ 247 $ 4 $ 1,300 For the six months ended April 30, 2021 (Millions of Canadian dollars) Personal & Wealth Insurance Investor & Capital Corporate Total Net interest income (2) $ 6,246 $ 1,332 $ – $ 178 $ 2,320 $ (187 ) $ 9,889 Non-interest income 2,844 5,147 2,345 921 3,106 309 14,672 Total revenue 9,090 6,479 2,345 1,099 5,426 122 24,561 Provision for credit losses 200 (31 ) – (4 ) (150 ) (1 ) 14 Insurance policyholder benefits, claims and acquisition expense – – 1,555 – – – 1,555 Non-interest expense 3,893 4,777 289 776 2,909 277 12,921 Income (loss) before income taxes 4,997 1,733 501 327 2,667 (154 ) 10,071 Income taxes (recoveries) 1,296 409 113 84 529 (222 ) 2,209 Net income $ 3,701 $ 1,324 $ 388 $ 243 $ 2,138 $ 68 $ 7,862 Non-interest expense includes: Depreciation and amortization $ 453 $ 438 $ 29 $ 96 $ 251 $ 2 $ 1,269 (1) Taxable equivalent basis. (2) Interest revenue is reported net of interest expense as we rely primarily on net interest income as a performance measure. (3) Effective Q4 2021, gains (losses) on economic hedges of our U.S. share-based compensation plans, which are reflected in revenue, and related variability in share-based compensation expense driven by changes in the fair value of liabilities relating to our U.S. share-based compensation plans have been reclassified from our Wealth Management segment to Corporate Support. Comparative amounts have been reclassified to conform with this presentation. Total assets and total liabilities by business segment As at April 30, 2022 (Millions of Canadian dollars) Personal & Wealth Insurance Investor & Capital Corporate Total Total assets $ 574,412 $ 155,948 $ 21,932 $ 255,046 $ 783,628 $ 57,606 $ 1,848,572 Total liabilities 574,328 156,198 22,466 254,929 782,934 (46,688 ) 1,744,167 As at October 31, 2021 (Millions of Canadian dollars) Personal & Wealth Insurance Investor & Capital Corporate Total Total assets $ 549,702 $ 148,990 $ 22,724 $ 240,055 $ 692,278 $ 52,574 $ 1,706,323 Total liabilitie s 549,619 149,096 22,966 239,960 691,767 (45,847 ) 1,607,561

Capital management

Capital management	6 Months Ended
	Apr. 30, 2022
Text Block [Abstract]
Capital management	Note 14 Capital management Regulatory capital and capital ratios OSFI formally establishes risk-based capital and leverage minimums and Total Loss Absorbing Capacity (TLAC) ratios for deposit-taking institutions in Canada. During the second quarter of 2022, we complied with all capital, leverage and TLAC requirements, including the Domestic Stability Buffer, imposed by OSFI. As at (Millions of Canadian dollars, except percentage amounts and as otherwise noted) April 30 2022 October 31 2021 Capital (1) CET1 capital $ 77,069 $ 75,583 Tier 1 capital 84,345 82,246 Total capital 93,871 92,026 Risk-weighted assets (RWA) used in calculation of capital ratios (1) Credit risk $ 472,516 $ 444,142 Market risk 37,851 34,806 Operational risk 75,472 73,593 Total RWA $ 585,839 $ 552,541 Capital ratios and Leverage ratio (1) CET1 ratio 13.2% 13.7% Tier 1 capital ratio 14.4% 14.9% Total capital ratio 16.0% 16.7% Leverage ratio 4.7% 4.9% Leverage ratio exposure (billions) $ 1,812 $ 1,662 TLAC available and ratios (2), (3) TLAC available $ 158,140 n.a. TLAC ratio 27.0% n.a. TLAC leverage ratio 8.7% n.a. (1) Capital, RWA, and capital ratios are calculated using OSFI’s Capital Adequacy Requirements (CAR) guideline and the Leverage ratio is calculated using OSFI’s Leverage Requirements (LR) guideline as updated in accordance with the regulatory guidance issued by OSFI in response to the COVID-19 pandemic. Both the CAR guideline and LR guideline are based on the Basel III framework. (2) Effective November 1, 2021, OSFI requires Canadian Domestic Systemically Important Banks to meet minimum risk-based TLAC ratio and TLAC leverage ratio requirements which are calculated using OSFI’s TLAC guideline. (3) The TLAC standard is applied at the resolution entity level which for us is deemed to be Royal Bank of Canada and its subsidiaries. A resolution entity and its subsidiaries are collectively called a resolution group. Both the TLAC ratio and TLAC leverage ratio are calculated using the TLAC available as percentage of total RWA and leverage exposure, respectively. n.a. not applicable

Summary of significant accoun_2

Summary of significant accounting policies, estimates and judgments (Policies)	6 Months Ended
	Apr. 30, 2022
Statement [Line Items]
Changes in accounting policies	Interest Rate Benchmark Reform As part of the interest rate benchmark reform, the publication of all non-USD London Interbank Offered Rate (LIBOR) settings ceased on December 31, 2021. As at April 30, 2022 and consistent with our transition plan, our exposure to financial instruments referencing non-USD LIBOR interest rates is not material to our financial statements.

Fair value of financial instr_2

Fair value of financial instruments (Tables)	6 Months Ended
	Apr. 30, 2022
Text Block [Abstract]
Summary of Comparison of Carrying and Fair Values for Each Classification of Financial Instrument	The following tables provide a comparison of the carrying values and fair values for financial instruments classified or designated as fair value through profit or loss (FVTPL) and fair value through other comprehensive income (FVOCI). Embedded derivatives are presented on a combined basis with the host contracts. Refer to Note 2 and Note 3 of our audited 2021 Annual Consolidated Financial Statements for a description of the valuation techniques and inputs used in the fair value measurement of our financial instruments. There have been no significant changes to our determination of fair value during the quarter. As at April 30, 2022 Carrying value and fair value Carrying value Fair value (Millions of Canadian dollars) Financial Financial Financial Financial Financial Financial Total carrying Total fair value Financial assets Interest-bearing deposits $ – $ 57,963 $ – $ – $ 10,866 $ 10,866 $ 68,829 $ 68,829 Securities Trading 133,183 10,583 – – – – 143,766 143,766 Investment, net of applicable allowance – – 80,208 573 73,768 69,784 154,549 150,565 133,183 10,583 80,208 573 73,768 69,784 298,315 294,331 Assets purchased under reverse repurchase agreements and securities borrowed 271,184 – – – 45,514 45,514 316,698 316,698 Loans, net of applicable allowance Retail 54 244 189 – 522,562 509,443 523,049 509,930 Wholesale 8,342 3,074 529 – 239,470 234,812 251,415 246,757 8,396 3,318 718 – 762,032 744,255 774,464 756,687 Other Derivatives 156,204 – – – – – 156,204 156,204 Other assets (1) 4,041 – – – 66,309 66,309 70,350 70,350 Financial liabilities Deposits Personal $ 309 $ 18,267 $ 364,305 $ 363,185 $ 382,881 $ 381,761 Business and government (2) 591 143,147 581,240 580,134 724,978 723,872 Bank (3) – 10,647 33,091 33,080 43,738 43,727 900 172,061 978,636 976,399 1,151,597 1,149,360 Other Obligations related to securities sold short 39,464 – – – 39,464 39,464 Obligations related to assets sold under repurchase agreements and securities loaned – 252,308 27,030 27,030 279,338 279,338 Derivatives 151,541 – – – 151,541 151,541 Other liabilities (4) 294 82 75,315 75,224 75,691 75,600 Subordinated debentures – – 10,276 10,119 10,276 10,119 As at October 31, 2021 Carrying value and fair value Carrying value Fair value (Millions of Canadian dollars) Financial Financial Financial Financial Financial Financial Total carrying Total fair value Financial assets Interest-bearing deposits $ – $ 56,896 $ – $ – $ 22,742 $ 22,742 $ 79,638 $ 79,638 Securities Trading 125,801 13,439 – – – – 139,240 139,240 Investment, net of applicable allowance – – 77,802 533 67,149 66,823 145,484 145,158 125,801 13,439 77,802 533 67,149 66,823 284,724 284,398 Assets purchased under reverse repurchase agreements and securities borrowed 265,011 – – – 42,892 42,892 307,903 307,903 Loans, net of applicable allowance Retail – 241 327 – 500,621 502,277 501,189 502,845 Wholesale 8,428 2,769 813 – 204,376 204,683 216,386 216,693 8,428 3,010 1,140 – 704,997 706,960 717,575 719,538 Other Derivatives 95,541 – – – – – 95,541 95,541 Other assets (1) 4,109 – – – 58,483 58,483 62,592 62,592 Financial liabilities Deposits Personal $ 321 $ 18,328 $ 343,839 $ 344,040 $ 362,488 $ 362,689 Business and government (2) 739 131,630 563,984 565,106 696,353 697,475 Bank (3) – 17,251 24,739 24,743 41,990 41,994 1,060 167,209 932,562 933,889 1,100,831 1,102,158 Other Obligations related to securities sold short 37,841 – – – 37,841 37,841 Obligations related to assets sold under repurchase agreements and securities loaned – 236,147 26,054 26,054 262,201 262,201 Derivatives 91,439 – – – 91,439 91,439 Other liabilities (4) 654 171 64,746 64,749 65,571 65,574 Subordinated debentures – – 9,593 9,601 9,593 9,601 (1) Includes Customers’ liability under acceptances and financial instruments recognized in Other assets. (2) Business and government deposits include deposits from regulated deposit-taking institutions other than banks. (3) Bank deposits refer to deposits from regulated banks and central banks. (4) Includes Acceptances and financial instruments recognized in Other liabilities.
Summary of Fair Value of Assets and Liabilities Measured at Fair Value on a Recurring Basis and Classified Using Fair Value Hierarchy	Fair value of assets and liabilities measured at fai r s hierarchy As at April 30, 2022 October 31, 2021 Fair value measurements using Netting adjustments Fair value measurements using Netting adjustments (Millions of Canadian dollars) Level 1 Level 2 Level 3 Fair value Level 1 Level 2 Level 3 Fair value Financial assets Interest-bearing deposits with banks $ – $ 57,963 $ – $ $ 57,963 $ – $ 56,896 $ – $ $ 56,896 Securities Trading Debt issued or guaranteed by: Canadian government (1) Federal 8,179 1,785 – 9,964 8,977 2,380 – 11,357 Provincial and municipal – 11,111 – 11,111 – 11,068 – 11,068 U.S. federal, state, municipal and agencies (1) 960 32,284 16 33,260 215 22,738 25 22,978 Other OECD government (2) 3,032 4,012 – 7,044 2,729 5,730 – 8,459 Mortgage-backed securities (1) – 8 – 8 – 4 – 4 Asset-backed securities Non-CDO securities (3) – 1,126 2 1,128 – 891 2 893 Corporate debt and other debt – 23,521 5 23,526 – 23,085 25 23,110 Equities 52,685 3,281 1,759 57,725 56,826 3,015 1,530 61,371 64,856 77,128 1,782 143,766 68,747 68,911 1,582 139,240 Investment Debt issued or guaranteed by: Canadian government (1) Federal 1,960 1,969 – 3,929 1,973 1,730 – 3,703 Provincial and municipal – 2,980 – 2,980 – 3,132 – 3,132 U.S. federal, state, municipal and agencies (1) 109 31,273 – 31,382 12 34,815 – 34,827 Other OECD government – 6,542 – 6,542 – 5,956 – 5,956 Mortgage-backed securities (1) – 2,844 21 2,865 – 2,727 20 2,747 Asset-backed securities CDO – 7,159 – 7,159 – 7,074 – 7,074 Non-CDO securities – 539 – 539 – 586 – 586 Corporate debt and other debt – 24,663 149 24,812 – 19,625 152 19,777 Equities 42 182 349 573 46 153 334 533 2,111 78,151 519 80,781 2,031 75,798 506 78,335 Assets purchased under reverse repurchase agreements and securities borrowed – 271,184 – 271,184 – 265,011 – 265,011 Loans – 11,650 782 12,432 – 11,501 1,077 12,578 Other Derivatives Interest rate contracts – 33,883 381 34,264 – 33,857 320 34,177 Foreign exchange contracts – 102,847 42 102,889 – 41,224 74 41,298 Credit derivatives – 256 – 256 – 34 – 34 Other contracts 3,979 18,994 108 23,081 3,175 17,955 26 21,156 Valuation adjustments – (1,523 ) 20 (1,503 ) – (819 ) 9 (810 ) Total gross derivatives 3,979 154,457 551 158,987 3,175 92,251 429 95,855 Netting adjustments (2,783 ) (2,783 ) (314 ) (314 ) Total derivatives 156,204 95,541 Other assets 1,414 2,612 15 4,041 1,474 2,635 – 4,109 $ 72,360 $ 653,145 $ 3,649 $ (2,783 ) $ 726,371 $ 75,427 $ 573,003 $ 3,594 $ (314 ) $ 651,710 Financial liabilities Deposits Personal $ – $ 18,419 $ 157 $ $ 18,576 $ – $ 18,498 $ 151 $ $ 18,649 Business and government – 143,738 – 143,738 – 132,369 – 132,369 Bank – 10,647 – 10,647 – 17,251 – 17,251 Other Obligations related to 17,067 22,397 – 39,464 18,345 19,496 – 37,841 Obligations related to assets – 252,308 – 252,308 – 236,147 – 236,147 Derivatives Interest rate contracts – 31,039 1,044 32,083 – 28,566 955 29,521 Foreign exchange contracts – 99,539 18 99,557 – 40,484 27 40,511 Credit derivatives – 102 – 102 – 120 – 120 Other contracts 7,019 15,544 544 23,107 3,699 17,456 419 21,574 Valuation adjustments – (517 ) (8 ) (525 ) – 38 (11 ) 27 Total gross derivatives 7,019 145,707 1,598 154,324 3,699 86,664 1,390 91,753 Netting adjustments (2,783 ) (2,783 ) (314 ) (314 ) Total derivatives 151,541 91,439 Other liabilities 387 (14 ) 3 376 258 560 7 825 $ 24,473 $ 593,202 $ 1,758 $ (2,783 ) $ 616,650 $ 22,302 $ 510,985 $ 1,548 $ (314 ) $ 534,521 (1) As at April 30, 2022, residential and commercial mortgage-backed securities (MBS) included in all fair value levels of trading securities were $12,651 million (October 31, 2021 – $ million million million (2) Organisation for Economic Co-operation and Development (OECD). (3) Collateralized debt obligations (CDO).
Changes in Fair Value Measurement for Instruments Measured on a Recurring Basis and Categorized in Level 3	Changes in fair value measurement for instruments measured on a recurring basis and categorized in Level 3 For the three months ended April 30, 2022 (Millions of Canadian dollars) Fair value Gains (losses) Gains (losses) Purchases Settlement Transfers Transfers Fair value Gains Assets Securities Trading Debt issued or guaranteed by: U.S. state, municipal and agencies $ 22 $ – $ – $ – $ (6 ) $ – $ – $ 16 $ – Asset-backed securities Non-CDO securities 2 – – – – – – 2 – Corporate debt and other debt 15 (1 ) – – – – (9 ) 5 – Equities 1,689 4 11 79 (25 ) 1 – 1,759 (4 ) 1,728 3 11 79 (31 ) 1 (9 ) 1,782 (4 ) Investment Mortgage-backed securities 20 – 1 – – – – 21 n.a. Corporate debt and other debt 155 – (6 ) – – – – 149 n.a. Equities 349 – (2 ) 2 – – – 349 n.a. 524 – (7 ) 2 – – – 519 n.a. Loans 679 (23 ) (24 ) 161 (1 ) 9 (19 ) 782 38 Other Net derivative balances (3) Interest rate contracts (555 ) (146 ) (3 ) 99 (16 ) – (42 ) (663 ) (163 ) Foreign exchange contracts 7 (17 ) – 21 16 – (3 ) 24 (12 ) Other contracts (448 ) 123 (3 ) (12 ) 6 (117 ) 15 (436 ) 107 Valuation adjustments 39 – – – (11 ) – – 28 – Other assets – – – 15 – – – 15 – $ 1,974 $ (60 ) $ (26 ) $ 365 $ (37 ) $ (107 ) $ (58 ) $ 2,051 $ (34 ) Liabilities Deposits $ (122 ) $ (3 ) $ – $ (52 ) $ 12 $ (16 ) $ 24 $ (157 ) $ 8 Other Other liabilities (7 ) – – – 4 – – (3 ) – $ (129 ) $ (3 ) $ – $ (52 ) $ 16 $ (16 ) $ 24 $ (160 ) $ 8 For the three months ended April 30, 2021 (Millions of Canadian dollars) Fair value Gains (losses) Gains (losses) Purchases Settlement Transfers Transfers Fair value Gains Assets Securities Trading Debt issued or guaranteed by: U.S. state, municipal and agencies $ 39 $ – $ (2 ) $ – $ (4 ) $ – $ – $ 33 $ – Asset-backed securities Non-CDO securities 2 – – – – – – 2 – Corporate debt and other debt 36 (1 ) – – (4 ) – (13 ) 18 (1 ) Equities 1,332 30 (33 ) 55 (43 ) 25 – 1,366 50 1,409 29 (35 ) 55 (51 ) 25 (13 ) 1,419 49 Investment Mortgage-backed securities 21 – (1 ) – – – – 20 n.a. Corporate debt and other debt 154 – (9 ) – 1 – – 146 n.a. Equities 336 – (14 ) – – – – 322 n.a. 511 – (24 ) – 1 – – 488 n.a. Loans 1,113 (18 ) (15 ) 51 (4 ) 54 (36 ) 1,145 18 Other Net derivative balances (3) Interest rate contracts (643 ) (32 ) – 15 (2 ) (6 ) 2 (666 ) (32 ) Foreign exchange contracts 42 12 (2 ) 10 (8 ) 6 (14 ) 46 12 Other contracts (100 ) 14 2 (39 ) – (232 ) 14 (341 ) 6 Valuation adjustments 36 – – – (15 ) – – 21 – Other assets 9 – – – (7 ) – – 2 – $ 2,377 $ 5 $ (74 ) $ 92 $ (86 ) $ (153 ) $ (47 ) $ 2,114 $ 53 Liabilities Deposits $ (169 ) $ (26 ) $ 2 $ (47 ) $ 34 $ (5 ) $ 141 $ (70 ) $ 9 Other Other liabilities (13 ) – – – 2 – – (11 ) – $ (182 ) $ (26 ) $ 2 $ (47 ) $ 36 $ (5 ) $ 141 $ (81 ) $ 9 For the six months ended April 30, 2022 (Millions of Canadian dollars) Fair value Gains (losses) Gains (losses) Purchases Settlement Transfers Transfers Fair value Gains positions still held Assets Securities Trading Debt issued or guaranteed by: U.S. state, municipal and agencies $ 25 $ – $ 1 $ – $ (10 ) $ – $ – $ 16 $ – Asset-backed securities Non-CDO securities 2 – – – – – – 2 – Corporate debt and other debt 25 (2 ) – – (5 ) – (13 ) 5 – Equities 1,530 78 34 161 (45 ) 1 – 1,759 93 1,582 76 35 161 (60 ) 1 (13 ) 1,782 93 Investment Mortgage-backed securities 20 – 1 – – – – 21 n.a. Corporate debt and other debt 152 – (3 ) – – – – 149 n.a. Equities 334 – 43 8 (1 ) – (35 ) 349 n.a. 506 – 41 8 (1 ) – (35 ) 519 n.a. Loans 1,077 (13 ) (32 ) 217 (462 ) 16 (21 ) 782 (46 ) Other Net derivative balances (3) Interest rate contracts (635 ) (157 ) (2 ) 100 66 – (35 ) (663 ) 108 Foreign exchange contracts 47 (47 ) 1 21 12 – (10 ) 24 53 Other contracts (393 ) 184 (11 ) (115 ) 48 (193 ) 44 (436 ) 166 Valuation adjustments 20 – – – (11 ) 19 – 28 – Other assets – – – 15 – – 15 – $ 2,204 $ 43 $ 32 $ 407 $ (408 ) $ (157 ) $ (70 ) $ 2,051 $ 374 Liabilities Deposits $ (151 ) $ (9 ) $ (1 ) $ (79 ) $ 17 $ (36 ) $ 102 $ (157 ) $ (9 ) Other Other liabilities (7 ) – – – 4 – – (3 ) – $ (158 ) $ (9 ) $ (1 ) $ (79 ) $ 21 $ (36 ) $ 102 $ (160 ) $ (9 ) For the six months ended April 30, 2021 (Millions of Canadian dollars) Fair value Gains (losses) Gains (losses) Purchases Settlement Transfers Transfers Fair value Gains Assets Securities Trading Debt issued or guaranteed by: U.S. state, municipal and agencies $ 44 $ – $ (3 ) $ – $ (8 ) $ – $ – $ 33 $ – Asset-backed securities Non-CDO securities 2 – – – – – – 2 – Corporate debt and other debt 30 (1 ) – 3 (4 ) 14 (24 ) 18 (1 ) Equities 1,261 48 (66 ) 164 (66 ) 25 – 1,366 89 1,337 47 (69 ) 167 (78 ) 39 (24 ) 1,419 88 Investment Mortgage-backed securities 27 – (7 ) – – – – 20 n.a. Corporate debt and other debt 160 – (16 ) – 2 – – 146 n.a. Equities 335 – (15 ) – 2 – – 322 n.a. 522 – (38 ) – 4 – – 488 n.a. Loans 1,070 (23 ) (9 ) 133 – 70 (96 ) 1,145 38 Other Net derivative balances (3) Interest rate contracts (588 ) (31 ) (2 ) 12 (40 ) (9 ) (8 ) (666 ) (23 ) Foreign exchange contracts 22 25 1 15 (14 ) 7 (10 ) 46 29 Other contracts (301 ) 3 13 (56 ) 47 (224 ) 177 (341 ) 20 Valuation adjustments 40 – – – (19 ) – – 21 – Other assets 53 (39 ) (2 ) – (10 ) – – 2 (39 ) $ 2,155 $ (18 ) $ (106 ) $ 271 $ (110 ) $ (117 ) $ 39 $ 2,114 $ 113 Liabilities Deposits $ (139 ) $ (55 ) $ 5 $ (92 ) $ 47 $ (77 ) $ 241 $ (70 ) $ 12 Other Other liabilities (38 ) 22 1 – 4 – – (11 ) 22 $ (177 ) $ (33 ) $ 6 $ (92 ) $ 51 $ (77 ) $ 241 $ (81 ) $ 34 (1) These amounts include the foreign currency translation gains or losses arising on consolidation of foreign subsidiaries relating to the Level 3 instruments, where applicable. The unrealized losses on Investment securities recognized in other comprehensive income (OCI) million (2) Other includes amortization of premiums or discounts recognized in net income. (3) Net derivatives as at April 30, 2022 included derivative assets of $551 million million n.a. not applicable
Summary of Net Interest Income From Financial Instruments	Interest and dividend income arising from financial assets and financial liabilities and the associated costs of funding are reported in Net interest income. For the three months ended For the six months ended (Millions of Canadian dollars) April 30 2022 April 30 2021 April 30 2022 April 30 2021 Interest and dividend income (1), (2) Financial instruments measured at fair value through profit or loss $ 1,575 $ 1,080 $ 2,994 $ 2,252 Financial instruments measured at fair value through other comprehensive income 124 92 201 194 Financial instruments measured at amortized cost 6,059 5,726 11,941 11,688 7,758 6,898 15,136 14,134 Interest expense (1) Financial instruments measured at fair value through profit or loss 1,085 702 1,946 1,439 Financial instruments measured at amortized cost 1,399 1,342 2,645 2,806 2,484 2,044 4,591 4,245 Net interest income $ 5,274 $ 4,854 $ 10,545 $ 9,889 (1) Excludes the following amounts related to our insurance operations and included in Insurance premiums, investment and fee income in the Interim Consolidated Statements of Income: for the three months ended April 30, 2022, Interest income of $147 million (April 30, 2021 – $139 million), and Interest expense of $2 million (April 30, 2021 – $1 million); for the six months ended April 30, 2022, Interest income of $343 million (April 30, 2021 – $288 million), and Interest expense of $3 million (April 30, 2021 – $2 million). (2) Includes dividend income for the three months ended April 30, 2022 of $690 million (April 30, 2021 – $609 million) and for the six months ended April 30, 2022 of $1,440 million (April 30, 2021 – $1,217 million), which is presented in Interest and dividend income in the Interim Consolidated Statements of Income.

Securities (Tables)

Securities (Tables)	6 Months Ended
	Apr. 30, 2022
Text Block [Abstract]
Unrealized gains and losses on securities at fair value through other comprehensive income	Unrealized gains and losses on securities at FVOCI (1), (2) As at April 30, 2022 October 31, 2021 (Millions of Canadian dollars) Cost/ Gross Gross Fair value Cost/ Gross Gross Fair value Debt issued or guaranteed by: Canadian government Federal (3) $ 4,194 $ 2 $ (267 ) $ 3,929 $ 3,841 $ 1 $ (139 ) $ 3,703 Provincial and municipal 3,441 1 (462 ) 2,980 3,328 3 (199 ) 3,132 U.S. federal, state, municipal and agencies (3) 32,156 235 (1,009 ) 31,382 34,678 353 (204 ) 34,827 Other OECD government 6,547 3 (8 ) 6,542 5,949 8 (1 ) 5,956 Mortgage-backed securities (3) 2,902 – (37 ) 2,865 2,757 2 (12 ) 2,747 Asset-backed securities CDO 7,213 – (54 ) 7,159 7,074 1 (1 ) 7,074 Non-CDO securities 543 1 (5 ) 539 580 6 – 586 Corporate debt and other debt 24,858 32 (78 ) 24,812 19,731 57 (11 ) 19,777 Equities 275 301 (3 ) 573 242 292 (1 ) 533 $ 82,129 $ 575 $ (1,923 ) $ 80,781 $ 78,180 $ 723 $ (568 ) $ 78,335 (1) Excludes $73,768 million of held-to-collect securities as at April 30, 2022 that are carried at amortized cost, net of allowance for credit losses (October 31, 2021 – $67,149 million). (2) Gross unrealized gains and losses includes $(13) million of allowance for credit losses on debt securities at FVOCI as at April 30, 2022 (October 31, 2021 – $(9) million) recognized in income and Other components of equity. (3) The majority of the MBS are residential. Cost/Amortized cost, Gross unrealized gains, Gross unrealized losses and Fair value related to commercial MBS are $2,962 million,
Summary of Allowance for credit losses - Securities at Amortized Cost	Allowance for credit losses – securities at FVOCI (1) For the three months ended April 30, 2022 April 30, 2021 Performing Impaired Performing Impaired (Millions of Canadian dollars) Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 (2) Total Balance at beginning of period $ 2 $ 1 $ (14 ) $ (11 ) $ 7 $ 3 $ (5 ) $ 5 Provision for credit losses Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – – – – – – – Purchases 1 – – 1 3 – – 3 Sales and maturities (1 ) – – (1 ) (3 ) (1 ) – (4 ) Changes in risk, parameters and exposures 1 – (3 ) (2 ) – – (2 ) (2 ) Exchange rate and other (1 ) 1 – – – (1 ) – (1 ) Balance at end of period $ 2 $ 2 $ (17 ) $ (13 ) $ 7 $ 1 $ (7 ) $ 1 For the six months ended April 30, 2022 April 30, 2021 Performing Impaired Performing Impaired (Millions of Canadian dollars) Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 (2) Total Balance at beginning of perio d $ 2 $ 1 $ (12 ) $ (9 ) $ 12 $ – $ (4 ) $ 8 Provision for credit losses Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – – – – – – – Purchases 1 – – 1 5 – – 5 Sales and maturities (1 ) – – (1 ) (7 ) (1 ) – (8 ) Changes in risk, parameters and exposures 1 – (5 ) (4 ) (2 ) 3 (4 ) (3 ) Exchange rate and other (1 ) 1 – – (1 ) (1 ) 1 (1 ) Balance at end of period $ 2 $ 2 $ (17 ) $ (13 ) $ 7 $ 1 $ (7 ) $ 1 (1) Expected credit losses on debt securities at FVOCI are not separately recognized on the balance sheet as the related securities are recorded at fair value. The cumulative amount of credit losses recognized in income is presented in Other components of equity. (2) Reflects changes in the allowance for purchased credit impaired securities. Allowance for credit losses – securities at amortized cost For the three months ended April 30, 2022 April 30, 2021 Performing Impaired Performing Impaired (Millions of Canadian dollars) Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Balance at beginning of period $ 9 $ 17 $ – $ 26 $ 8 $ 18 $ – $ 26 Provision for credit losses Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – – – – – – – Purchases 2 – – 2 4 – – 4 Sales and maturities – – – – (1 ) – – (1 ) Changes in risk, parameters and exposures (2 ) (1 ) – (3 ) – (1 ) – (1 ) Exchange rate and other – – – – – – – – Balance at end of period $ 9 $ 16 $ – $ 25 $ 11 $ 17 $ – $ 28 For the six months ended April 30, 2022 April 30, 2021 Performing Impaired Performing Impaired (Millions of Canadian dollars) Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Balance at beginning of period $ 5 $ 18 $ – $ 23 $ 10 $ 19 $ – $ 29 Provision for credit losses Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – – – – – – – Purchases 8 – – 8 7 – – 7 Sales and maturities (1 ) – – (1 ) (1 ) – – (1 ) Changes in risk, parameters and exposures (3 ) (2 ) – (5 ) (5 ) – – (5 ) Exchange rate and other – – – – – (2 ) – (2 ) Balance at end of period $ 9 $ 16 $ – $ 25 $ 11 $ 17 $ – $ 28
Summary of Credit risk exposure on Investment Securities by internal risk rating	Credit risk exposure by internal risk rating The following table presents the fair value of debt securities at FVOCI and gross carrying amount of securities at amortized cost. Risk ratings are based on internal ratings used in the measurement of expected credit losses as at the reporting date, as outlined in the internal ratings maps in the Credit risk section of our 2021 Annual Report. As at April 30, 2022 October 31, 2021 Performing Impaired Performing Impaired (Millions of Canadian dollars) Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 (1) Total Investment securities Securities at FVOCI Investment grade $ 79,395 $ 36 $ – $ 79,431 $ 77,147 $ 82 $ – $ 77,229 Non-investment grade 617 14 – 631 423 – – 423 Impaired – – 146 146 – – 150 150 80,012 50 146 80,208 77,570 82 150 77,802 Items not subject to impairment (2) 573 533 $ 80,781 $ 78,335 Securities at amortized cost Investment grade $ 72,764 $ – $ – $ 72,764 $ 66,033 $ – $ – $ 66,033 Non-investment grade 813 216 – 1,029 928 211 – 1,139 Impaired – – – – – – – – 73,577 216 – 73,793 66,961 211 – 67,172 Allowance for credit losses 9 16 – 25 5 18 – 23 Amortized cost $ 73,568 $ 200 $ – $ 73,768 $ 66,956 $ 193 $ – $ 67,149 (1) Reflects $146 million of purchased credit impaired securities (October 31, 2021 – $150 million). (2) Investment securities at FVOCI not subject to impairment represent equity securities designated as FVOCI.

Loans and allowance for credi_2

Loans and allowance for credit losses (Tables)	6 Months Ended
	Apr. 30, 2022
Text Block [Abstract]
Disclosure of allowance for credit losses	Allowance for credit losses For the three months ended April 30, 2022 April 30, 2021 (Millions of Canadian dollars) Balance at Provision Net write-offs Exchange Balance at Balance at Provision Net write-offs Exchange Balance at Retail Residential mortgages $ 409 $ (16 ) $ (7 ) $ 2 $ 388 $ 512 $ 2 $ (7 ) $ (12 ) $ 495 Personal 1,038 (39 ) (56 ) – 943 1,315 42 (79 ) (3 ) 1,275 Credit cards 870 8 (83 ) – 795 1,201 17 (81 ) (2 ) 1,135 Small business 178 5 (6 ) 2 179 143 1 (5 ) 50 189 Wholesale 1,811 (246 ) (15 ) (9 ) 1,541 2,622 (143 ) (36 ) (132 ) 2,311 Customers’ liability under acceptances 83 (42 ) – – 41 121 (2 ) – 1 120 $ 4,389 $ (330 ) $ (167 ) $ (5 ) $ 3,887 $ 5,914 $ (83 ) $ (208 ) $ (98 ) $ 5,525 Presented as: Allowance for loan losses $ 4,047 $ 3,566 $ 5,478 $ 5,146 Other liabilities – Provisions 251 275 309 227 Customers’ liability under acceptances 83 41 121 120 Other components of equity 8 5 6 32 For the six months ended April 30, 2022 April 30, 2021 (Millions of Canadian dollars) Balance at Provision Net write-offs Exchange Balance at Balance at Provision Net write-offs Exchange Balance at Retail Residential mortgages $ 416 $ (22 ) $ (12 ) $ 6 $ 388 $ 518 $ 17 $ (14 ) $ (26 ) $ 495 Personal 1,079 (21 ) (112 ) (3 ) 943 1,309 111 (138 ) (7 ) 1,275 Credit cards 875 73 (154 ) 1 795 1,246 42 (150 ) (3 ) 1,135 Small business 177 8 (10 ) 4 179 140 9 (10 ) 50 189 Wholesale 1,797 (234 ) (21 ) (1 ) 1,541 2,795 (154 ) (122 ) (208 ) 2,311 Customers’ liability under acceptances 75 (34 ) – – 41 107 13 – – 120 $ 4,419 $ (230 ) $ (309 ) $ 7 $ 3,887 $ 6,115 $ 38 $ (434 ) $ (194 ) $ 5,525 Presented as: Allowance for loan losses $ 4,089 $ 3,566 $ 5,639 $ 5,146 Other liabilities – Provisions 241 275 363 227 Customers’ liability under acceptances 75 41 107 120 Other components of equity 14 5 6 32
Summary of allowance for credit losses by stage, for each major product category	Allowance for credit losses – Retail and wholesale loans For the three months ended April 30, 2022 April 30, 2021 Performing Impaired Performing Impaired (Millions of Canadian dollars) Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Residential mortgages Balance at beginning of period $ 187 $ 85 $ 137 $ 409 $ 192 $ 162 $ 158 $ 512 Provision for credit losses Transfers to stage 1 36 (31 ) (5 ) – 46 (41 ) (5 ) – Transfers to stage 2 (4 ) 5 (1 ) – (4 ) 4 – – Transfers to stage 3 – (8 ) 8 – (1 ) (14 ) 15 – Originations 29 – – 29 23 – – 23 Maturities (5 ) (1 ) – (6 ) (10 ) (14 ) – (24 ) Changes in risk, parameters and exposures (60 ) 20 1 (39 ) (52 ) 55 – 3 Write-offs – – (10 ) (10 ) – – (10 ) (10 ) Recoveries – – 3 3 – – 3 3 Exchange rate and other 1 1 – 2 (2 ) (4 ) (6 ) (12 ) Balance at end of period $ 184 $ 71 $ 133 $ 388 $ 192 $ 148 $ 155 $ 495 Personal Balance at beginning of period $ 404 $ 547 $ 87 $ 1,038 $ 476 $ 721 $ 118 $ 1,315 Provision for credit losses Transfers to stage 1 157 (157 ) – – 145 (144 ) (1 ) – Transfers to stage 2 (39 ) 39 – – (25 ) 25 – – Transfers to stage 3 – (13 ) 13 – – (18 ) 18 – Originations 22 – – 22 28 – – 28 Maturities (17 ) (25 ) – (42 ) (25 ) (42 ) – (67 ) Changes in risk, parameters and exposures ( 216 ) 159 38 (19 ) (108 ) 140 49 81 Write-offs – – (89 ) (89 ) – – (112 ) (112 ) Recoveries – – 33 33 – – 33 33 Exchange rate and other (1 ) – 1 – – (2 ) (1 ) (3 ) Balance at end of period $ 310 $ 550 $ 83 $ 943 $ 491 $ 680 $ 104 $ 1,275 Credit cards Balance at beginning of period $ 226 $ 644 $ – $ 870 $ 353 $ 848 $ – $ 1,201 Provision for credit losses Transfers to stage 1 129 (129 ) – – 152 (152 ) – – Transfers to stage 2 (28 ) 28 – – (28 ) 28 – – Transfers to stage 3 – (81 ) 81 – – (76 ) 76 – Originations 2 – – 2 1 – – 1 Maturities (2 ) (7 ) – (9 ) (2 ) (7 ) – (9 ) Changes in risk, parameters and exposures (159 ) 172 2 15 (149 ) 168 6 25 Write-offs – – (126 ) (126 ) – – (121 ) (121 ) Recoveries – – 43 43 – – 40 40 Exchange rate and other 1 (1 ) – – (1 ) – (1 ) (2 ) Balance at end of period $ 169 $ 626 $ – $ 795 $ 326 $ 809 $ – $ 1,135 Small business Balance at beginning of period $ 87 $ 56 $ 35 $ 178 $ 74 $ 33 $ 36 $ 143 Provision for credit losses Transfers to st a 4 (4 ) – – 26 (26 ) – – Transfers to stage 2 (6 ) 6 – – (5 ) 5 – – Transfers to stage 3 – (1 ) 1 – – – – – Originations 8 – – 8 8 – – 8 Maturities (6 ) (5 ) – (11 ) (5 ) (3 ) – (8 ) Changes in risk, parameters and exposures (13 ) 13 8 8 (39 ) 32 8 1 Write-offs – – (9 ) (9 ) – – (7 ) (7 ) Recoveries – – 3 3 – – 2 2 Exchange rate and other 3 1 (2 ) 2 22 30 (2 ) 50 Balance at end of period $ 77 $ 66 $ 36 $ 179 $ 81 $ 71 $ 37 $ 189 Wholesale Balance at beginning of period $ 580 $ 765 $ 466 $ 1,811 $ 895 $ 1,145 $ 582 $ 2,622 Provision for credit losses Transfers to stage 1 160 (158 ) (2 ) – 126 (123 ) (3 ) – Transfers to stage 2 (23 ) 23 – – (40 ) 52 (12 ) – Transfers to stage 3 (1 ) (23 ) 24 – (1 ) (22 ) 23 – Originations 127 – – 127 153 – – 153 Maturities (92 ) (84 ) – (176 ) (133 ) (135 ) – (268 ) Changes in risk, parameters and exposures (267 ) 64 6 (197 ) (194 ) 163 3 (28 ) Write-offs – – (26 ) (26 ) – – (51 ) (51 ) Recoveries – – 11 11 – – 15 15 Exchange rate and other (1 ) 3 (11 ) (9 ) (42 ) (56 ) (34 ) (132 ) Balance at end of period $ 483 $ 590 $ 468 $ 1,541 $ 764 $ 1,024 $ 523 $ 2,311 For the six months ended April 30, 2022 April 30, 2021 Performing Impaired Performing Impaired (Millions of Canadian dollars) Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Residential mortgages Balance at beginning of period $ 186 $ 92 $ 138 $ 416 $ 206 $ 160 $ 152 $ 518 Provision for credit losses Transfers to stage 1 60 (50 ) (10 ) – 120 (110 ) (10 ) – Transfers to stage 2 (6 ) 7 (1 ) – (10 ) 12 (2 ) – Transfers to stage 3 (1 ) (15 ) 16 – (1 ) (27 ) 28 – Originations 59 – – 59 53 – – 53 Maturities (12 ) (4 ) – (16 ) (16 ) (18 ) – (34 ) Changes in risk, parameters and exposures (104 ) 39 – (65 ) (156 ) 141 13 (2 ) Write-offs – – (20 ) (20 ) – – (19 ) (19 ) Recoveries – – 8 8 – – 5 5 Exchange rate and other 2 2 2 6 (4 ) (10 ) (12 ) (26 ) Balance at end of period $ 184 $ 71 $ 133 $ 388 $ 192 $ 148 $ 155 $ 495 Personal Balance at beginning of period $ 422 $ 569 $ 88 $ 1,079 $ 480 $ 733 $ 96 $ 1,309 Provision for credit losses Transfers to stage 1 327 (326 ) (1 ) – 342 (340 ) (2 ) – Transfers to stage 2 (61 ) 61 – – (52 ) 52 – – Transfers to stage 3 (1 ) (25 ) 26 – (1 ) (32 ) 33 – Originations 48 – – 48 61 – – 61 Maturities (38 ) (50 ) – (88 ) (47 ) (69 ) – (116 ) Changes in risk, parameters and exposures (387 ) 321 85 19 (290 ) 338 118 166 Write-offs – – (175 ) (175 ) – – (206 ) (206 ) Recoveries – – 63 63 – – 68 68 Exchange rate and other – – (3 ) (3 ) (2 ) (2 ) (3 ) (7 ) Balance at end of period $ 310 $ 550 $ 83 $ 943 $ 491 $ 680 $ 104 $ 1,275 Credit cards Balance at beginning of period $ 233 $ 642 $ – $ 875 $ 364 $ 882 $ – $ 1,246 Provision for credit losses Transfers to stage 1 275 (275 ) – – 378 (378 ) – – Transfers to stage 2 (51 ) 51 – – (58 ) 58 – – Transfers to stage 3 (1 ) (151 ) 152 – (2 ) (136 ) 138 – Originations 6 – – 6 3 – – 3 Maturities (3 ) (14 ) – (17 ) (4 ) (15 ) – (19 ) Changes in risk, parameters and exposures (291 ) 373 2 84 (354 ) 399 13 58 Write-offs – – (238 ) (238 ) – – (227 ) (227 ) Recoveries – – 84 84 – – 77 77 Exchange rate and other 1 – – 1 (1 ) (1 ) (1 ) (3 ) Balance at end of period $ 169 $ 626 $ – $ 795 $ 326 $ 809 $ – $ 1,135 Small business Balance at beginning of period $ 88 $ 55 $ 34 $ 177 $ 78 $ 29 $ 33 $ 140 Provision for credit losses Transfers to stage 1 9 (9 ) – – 39 (39 ) – – Transfers to stage 2 (8 ) 8 – – (6 ) 6 – – Transfers to stage 3 – (2 ) 2 – – (1 ) 1 – Originations 17 – – 17 17 – – 17 Maturities (11 ) (12 ) – (23 ) (11 ) (6 ) – (17 ) Changes in risk, parameters and exposures (23 ) 24 13 14 (59 ) 52 16 9 Write-offs – – (15 ) (15 ) – – (14 ) (14 ) Recoveries – – 5 5 – – 4 4 Exchange rate and other 5 2 (3 ) 4 23 30 (3 ) 50 Balance at end of period $ 77 $ 66 $ 36 $ 179 $ 81 $ 71 $ 37 $ 189 Wholesale Balance at beginning of period $ 566 $ 794 $ 437 $ 1,797 $ 995 $ 1,132 $ 668 $ 2,795 Provision for credit losses Transfers to stage 1 268 (265 ) (3 ) – 255 (252 ) (3 ) – Transfers to stage 2 (41 ) 41 – – (87 ) 113 (26 ) – Transfers to stage 3 (2 ) (27 ) 29 – (2 ) (37 ) 39 – Originations 283 – – 283 360 – – 360 Maturities (198 ) (191 ) – (389 ) (298 ) (274 ) – (572 ) Changes in risk, parameters and exposures (396 ) 224 44 (128 ) (401 ) 420 39 58 Write-offs – – (49 ) (49 ) – – (149 ) (149 ) Recoveries – – 28 28 – – 27 27 Exchange rate and other 3 14 (18 ) (1 ) (58 ) (78 ) (72 ) (208 ) Balance at end of period $ 483 $ 590 $ 468 $ 1,541 $ 764 $ 1,024 $ 523 $ 2,311
Credit risk exposure by internal risk rating	Credit risk exposure by internal risk rating The following table presents the gross carrying amount of loans measured at amortized cost, and the full contractual amount of undrawn loan commitments subject to the impairment requirements of IFRS 9. Risk ratings are based on internal ratings used in the measurement of expected credit losses as at the reporting date, as o u As at April 30, 2022 October 31, 2021 (Millions of Canadian dollars) Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Retail Loans outstanding – Residential mortgages Low risk $ 325,157 $ 3,295 $ – $ 328,452 $ 310,334 $ 1,507 $ – $ 311,841 Medium risk 14,173 1,965 – 16,138 15,152 2,051 – 17,203 High risk 1,090 2,711 – 3,801 3,343 634 – 3,977 Not rat e (1) 48,111 982 – 49,093 45,512 913 – 46,425 Impaired – – 588 588 – – 645 645 388,531 8,953 588 398,072 374,341 5,105 645 380,091 Items not subje c (2) 298 241 Total $ 398,370 $ 380,332 Loans outstanding – Personal Low risk $ 73,935 $ 1,195 $ – $ 75,130 $ 72,267 $ 698 $ – $ 72,965 Medi u 5,265 4,025 – 9,290 4,974 4,551 – 9,525 High risk 354 1,385 – 1,739 687 1,045 – 1,732 Not rated (1) 9,610 96 – 9,706 8,934 88 – 9,022 Impaired – – 203 203 – – 197 197 Total $ 89,164 $ 6,701 $ 203 $ 96,068 $ 86,862 $ 6,382 $ 197 $ 93,441 Loans outstanding – Credit cards Low risk $ 13,639 $ 34 $ – $ 13,673 $ 12,864 $ 24 $ – $ 12,888 Medium risk 1,648 1,524 – 3,172 1,646 1,645 – 3,291 High risk 49 1,104 – 1,153 136 937 – 1,073 Not rated (1) 597 73 – 670 527 43 – 570 Total $ 15,933 $ 2,735 $ – $ 18,668 $ 15,173 $ 2,649 $ – $ 17,822 Loans outstanding – Small business Low risk $ 8,657 $ 332 $ – $ 8,989 $ 8,609 $ 274 $ – $ 8,883 Medium risk 1,486 1,040 – 2,526 1,583 979 – 2,562 High risk 131 316 – 447 227 218 – 445 Not rated (1) 5 – – 5 4 – – 4 Impaired – – 110 110 – – 109 109 Total $ 10,279 $ 1,688 $ 110 $ 12,077 $ 10,423 $ 1,471 $ 109 $ 12,003 Undrawn loan commitments – Retail Low risk $ 240,043 $ 1,151 $ – $ 241,194 $ 229,516 $ 574 $ – $ 230,090 Medium risk 8,552 – 8,714 9,475 133 – 9,608 High risk 942 306 – 1,248 1,205 97 – 1,302 Not rated (1) 5,157 84 – 5,241 4,854 90 – 4,944 Total $ 254,694 $ 1,703 $ – $ 256,397 $ 245,050 $ 894 $ – $ 245,944 Wholesale – Loans outstanding Investment grade $ 77,597 $ 545 $ – $ 78,142 $ 62,975 $ 226 $ – $ 63,201 Non-investment grade 137,064 13,761 – 150,825 117,396 15,146 – 132,542 Not rated (1) 10,875 353 – 11,228 9,339 430 – 9,769 Impaired – – 1,236 1,236 – – 1,357 1,357 225,536 14,659 1,236 241,431 189,710 15,802 1,357 206,869 Items not subject to impairment (2) 11,416 11,197 Total $ 252,847 $ 218,066 Undrawn loan commitments – Wholesale Investment grade $ 260,284 $ 592 $ – $ 260,876 $ 246,539 $ 1,122 $ – $ 247,661 Non-investment grade 114,890 10,687 – 125,577 108,063 12,377 – 120,440 Not rated (1) 3,589 – – 3,589 3,476 1 – 3,477 Total $ 378,763 $ 11,279 $ – $ 390,042 $ 358,078 $ 13,500 $ – $ 371,578 (1) In certain cases where an internal risk rating is not assigned, we use other approved credit risk assessment or rating methodologies, policies and tools to manage our credit risk. (2) Items not subject to impairment are loans held at FVTPL.
Disclosure of loans past due but not impaired	Loans past due but not impaired (1), (2) As at April 30, 2022 October 31, 2021 (Millions of Canadian dollars) 30 to 89 days 90 days Total 30 to 89 days 90 days Total Retail $ 929 $ 162 $ 1,091 $ 1,105 $ 137 $ 1,242 Wholesale 1,489 18 1,507 1,230 – 1,230 $ 2,418 $ 180 $ 2,598 $ 2,335 $ 137 $ 2,472 (1) Excludes loans less than 30 days past due as they are not generally representative of the borrowers’ ability to meet their payment obligations. (2) Amounts presented may include loans past due as a result of administrative processes, such as mortgage loans on which payments are restrained pending payout due to sale or refinance, which can fluctuate based on business volumes. Past due loans arising from administrative processes are not representative of the borrowers’ ability to meet their payment obligations.

Deposits (Tables)

Deposits (Tables)	6 Months Ended
	Apr. 30, 2022
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Summary of Deposit Liabilities	As at April 30, 2022 October 31, 2021 (Millions of Canadian dollars) Demand Notice Term Total Demand (1) Notice (2) Term (3) Total Personal $ 215,310 $ 67,988 $ 99,583 $ 382,881 $ 207,493 $ 64,613 $ 90,382 $ 362,488 Business and government 357,482 18,288 349,208 724,978 356,020 20,800 319,533 696,353 Bank 11,185 222 32,331 43,738 12,549 449 28,992 41,990 $ 583,977 $ 86,498 $ 481,122 $ 1,151,597 $ 576,062 $ 85,862 $ 438,907 $ 1,100,831 Non-interest-bearing (4) Canada $ 160,319 $ 8,338 $ 461 $ 169,118 $ 151,475 $ 8,051 $ 713 $ 160,239 United States 56,437 – – 56,437 54,021 – – 54,021 Europe (5) 424 – – 424 632 – – 632 Other International 8,837 – – 8,837 8,002 – – 8,002 Interest-bearing (4) Canada 315,156 20,362 336,744 672,262 315,464 19,857 312,987 648,308 United States 7,396 57,277 87,043 151,716 6,978 57,260 77,597 141,835 Europe (5) 30,127 521 43,604 74,252 34,278 693 36,788 71,759 Other International 5,281 – 13,270 18,551 5,212 1 10,822 16,035 $ 583,977 $ 86,498 $ 481,122 $ 1,151,597 $ 576,062 $ 85,862 $ 438,907 $ 1,100,831 (1) Demand deposits are deposits for which we do not have the right to require notice of withdrawal, which include both savings and chequing accounts. (2) Notice deposits are deposits for which we can legally require notice of withdrawal. These deposits are primarily savings accounts. (3) Term deposits are deposits payable on a fixed date, and include term deposits, guaranteed investment certificates and similar instruments. (4) The geographical splits of the deposits are based on the point of origin of the deposits and where the revenue is recognized. As at April 30, 2022, deposits denominated in U.S. dollars, British pounds, Euro and other foreign currencies were $433 billion, billion, billion billion, (5) Europe includes United Kingdom, Luxembourg, the Channel Islands, and France.
Summary of Contractual Maturities of Term Deposit Liabilities	Contractual maturities of term deposits As at (Millions of Canadian dollars) April 30 2022 October 31 2021 Within 1 year: less than 3 months $ 148,687 $ 133,776 3 to 6 months 59,436 64,062 6 to 12 months 103,038 83,871 1 to 2 years 45,096 45,532 2 to 3 years 38,498 29,204 3 to 4 years 23,629 24,573 4 to 5 years 32,385 25,329 Over 5 years 30,353 32,560 $ 481,122 $ 438,907 Aggregate amount of term deposits in denominations of one hundred thousand dollars or more $ 451,000 $ 416,000

Employee benefits - Pension a_2

Employee benefits - Pension and other post-employment benefits (Tables)	6 Months Ended
	Apr. 30, 2022
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Summary of Composition of Pension and Other Post-Employment Benefit Expense	Pension and other post-employment benefit expense For the three months ended Pension plans Other post-employment benefit plans (Millions of Canadian dollars) April 30 2022 April 30 2021 April 30 2022 April 30 2021 Current service costs $ 78 $ 90 $ 7 $ 11 Past service costs (1 ) – – – Net interest expense (income) (21 ) 2 15 14 Remeasurements of other long-term benefits – – (14 ) (11 ) Administrative expense 4 3 – – Defined benefit pension expense 60 95 8 14 Defined contribution pension expense 56 57 – – $ 116 $ 152 $ 8 $ 14 For the six months ended Pension plans Other post-employment benefit plans (Millions of Canadian dollars) April 30 2022 April 30 2021 April 30 2022 April 30 2021 Current service costs $ 155 $ 180 $ 17 $ 22 Past service costs (1 ) – 2 – Net interest expense (income) (42 ) 4 31 28 Remeasurements of other long-term benefits – – (13 ) (10 ) Administrative expense 7 6 – – Defined benefit pension expense 119 190 37 40 Defined contribution pension expense 130 123 – – $ 249 $ 313 $ 37 $ 40
Summary of Composition of Remeasurements Recorded in OCI related to pension and other post employment benefit plans	Pension and other post-employment benefit remeasurements (1) For the three months ended Defined benefit pension plans Other post-employment benefit plans (Millions of Canadian dollars) April 30 2022 April 30 2021 April 30 2022 April 30 2021 Actuarial (gains) losses: Changes in financial assumptions (2) $ (2,337 ) $ (1,380 ) $ (218 ) $ (113 ) Experience adjustments 1 – (3 ) (3 ) Return on plan assets (excluding interest based on discount rate) 1,525 227 – – $ (811 ) $ (1,153 ) $ (221 ) $ (116 ) For the six months ended Defined benefit pension plans Other post-employment benefit plans (Millions of Canadian dollars) April 30 2022 April 30 2021 April 30 2022 April 30 2021 Actuarial (gains) losses: Changes in financial assumptions (2) $ (2,998 ) $ (1,392 ) $ (258 ) $ (135 ) Experience adjustments 1 – (3 ) (3 ) Return on plan assets (excluding interest based on discount rate) 1,843 (797 ) – – $ (1,154 ) $ (2,189 ) $ (261 ) $ (138 ) (1) Market based assumptions, including Changes in financial assumptions and Return on plan assets, are reviewed on a quarterly basis. All other assumptions are updated during our annual review of plan assumptions. (2) Changes in financial assumptions in our defined benefit pension plans primarily relate to changes in discount rates.

Significant capital and fundi_2

Significant capital and funding transactions (Tables)	6 Months Ended
	Apr. 30, 2022
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Summary of Common Shares Issued	For the three months ended April 30, 2022 April 30, 2021 (Millions of Canadian dollars, except number of shares) Number of Amount Number of Amount Issued in connection with share-based compensation plans (2) 105 $ 8 324 $ 25 Purchased for cancellation (3) (13,700 ) (171 ) – – (13,595 ) $ (163 ) 324 $ 25 For the six months ended April 30, 2022 April 30, 2021 (Millions of Canadian dollars, except number of shares) Number of Amount Number of Amount Issued in connection with share-based compensation plans (2) 512 $ 42 820 $ 61 Purchased for cancellati o (3) (22,571 ) (282 ) – – (22,059 ) $ (240 ) 820 $ 61 (1) The requirements of our dividend reinvestment plan (DRIP) are satisfied through either open market share purchases or shares issued from treasury. During the three and six months ended April 30, 2022 and April 30, 2021, our DRIP’s requirements were satisfied through open market share purchases. (2) Amounts include cash received for stock options exercised during the period and the fair value adjustment to stock options. (3) During the three months ended April 30, 2022, we purchased for cancellation common shares at a total fair value of $1,892 million (average cost of $138.04 per share), with a book value of $171 million (book value of $12.46 per share). During the six months ended April 30, 2022, we purchased for cancellation common shares at a total fair value of $3,106 million (average cost of $137.57 per share), with a book value of $282 million (book value of $12.46 per share). During the three months and six months ended April 30, 2021, we did not purchase for cancellation any common shares.

Earnings per share (Tables)

Earnings per share (Tables)	6 Months Ended
	Apr. 30, 2022
Text Block [Abstract]
Summary of Earnings Per Share	For the three months ended For the six months ended (Millions of Canadian dollars, except share and per share amounts) April 30 2022 April 30 2021 April 30 2022 April 30 2021 Basic earnings per share Net income $ 4,253 $ 4,015 $ 8,348 $ 7,862 Dividends on preferred shares and distributions on other equity instruments (68 ) (76 ) (122 ) (134 ) Net income attributable to non-controlling interests (3 ) (1 ) (5 ) (3 ) Net income available to common shareholders $ 4,182 $ 3,938 $ 8,221 $ 7,725 Weighted average number of common shares (in thousands) 1,409,702 1,424,889 1,415,855 1,424,107 Basic earnings per share (in dollars) $ 2.97 $ 2.76 $ 5.81 $ 5.42 Diluted earnings per share Net income available to common shareholders $ 4,182 $ 3,938 $ 8,221 $ 7,725 Weighted average number of common shares (in thousands) 1,409,702 1,424,889 1,415,855 1,424,107 Stock options (1) 2,247 1,533 2,219 1,362 Issuable under other share-based compensation plans 603 685 602 714 Average number of diluted common shares (in thousands) 1,412,552 1,427,107 1,418,676 1,426,183 Diluted earnings per share (in dollars) $ 2.96 $ 2.76 $ 5.80 $ 5.42 (1) The dilutive effect of stock options was calculated using the treasury stock method. When the exercise price of options outstanding is greater than the average market price of our common shares, the options are excluded from the calculation of diluted earnings per share. For the three and six months ended April 30, 2022, ,

Results by business segment (Ta

Results by business segment (Tables)	6 Months Ended
	Apr. 30, 2022
Text Block [Abstract]
Disclosure of operating segments	For the three months ended April 30, 2022 (Millions of Canadian dollars) Personal & Wealth Insurance Investor & Capital Corporate Total Net interest income (2) $ 3,234 $ 780 $ – $ 148 $ 1,181 $ (69 ) $ 5,274 Non-interest income 1,505 2,825 234 403 1,167 (188 ) 5,946 Total revenue 4,739 3,605 234 551 2,348 (257 ) 11,220 Provision for credit losses (276 ) (30 ) – – (37 ) 1 (342 ) Insurance policyholder benefits, claims and acquisition expense – – (180 ) – – – (180 ) Non-interest expense 2,015 2,644 145 398 1,350 (118 ) 6,434 Income (loss) before income taxes 3,000 991 269 153 1,035 (140 ) 5,308 Income taxes (recoveries) 766 241 63 32 240 (287 ) 1,055 Net income $ 2,234 $ 750 $ 206 $ 121 $ 795 $ 147 $ 4,253 Non-interest expense includes: Depreciation and amortization $ 232 $ 228 $ 14 $ 50 $ 124 $ 2 $ 650 For the three months ended April 30, 2021 (Millions of Canadian dollars) Personal & Wealth Insurance Investor & Capital Corporate Total Net interest income (2) $ 3,085 $ 666 $ – $ 87 $ 1,121 $ (105 ) $ 4,854 Non-interest income 1,442 2,594 536 447 1,597 148 6,764 Total revenue 4,527 3,260 536 534 2,718 43 11,618 Provision for credit losses 35 (2 ) – (2 ) (127 ) – (96 ) Insurance policyholder benefits, claims and acquisition expense – – 149 – – – 149 Non-interest expense 1,915 2,371 140 375 1,468 110 6,379 Income (loss) before income taxes 2,577 891 247 161 1,377 (67 ) 5,186 Income taxes (recoveries) 669 208 60 41 306 (113 ) 1,171 Net income $ 1,908 $ 683 $ 187 $ 120 $ 1,071 $ 46 $ 4,015 Non-interest expense includes: Depreciation and amortization $ 229 $ 218 $ 15 $ 47 $ 126 $ 1 $ 636 For the six months ended April 30, 2022 (Millions of Canadian dollars) Personal & Wealth Insurance Investor & Capital Corporate Total Net interest income (2) $ 6,463 $ 1,525 $ – $ 311 $ 2,422 $ (176 ) $ 10,545 Non-interest income 3,079 5,693 1,633 827 2,736 (227 ) 13,741 Total revenue 9,542 7,218 1,633 1,138 5,158 (403 ) 24,286 Provision for credit losses (147 ) (42 ) – – (49 ) 1 (237 ) Insurance policyholder benefits, claims and acquisition expense – – 817 – – – 817 Non-interest expense 4,037 5,225 292 818 2,822 (180 ) 13,014 Income (loss) before income taxes 5,652 2,035 524 320 2,385 (224 ) 10,692 Income taxes (recoveries) 1,444 490 121 81 560 (352 ) 2,344 Net income $ 4,208 $ 1,545 $ 403 $ 239 $ 1,825 $ 128 $ 8,348 Non-interest expense includes: Depreciation and amortization $ 465 $ 456 $ 29 $ 99 $ 247 $ 4 $ 1,300 For the six months ended April 30, 2021 (Millions of Canadian dollars) Personal & Wealth Insurance Investor & Capital Corporate Total Net interest income (2) $ 6,246 $ 1,332 $ – $ 178 $ 2,320 $ (187 ) $ 9,889 Non-interest income 2,844 5,147 2,345 921 3,106 309 14,672 Total revenue 9,090 6,479 2,345 1,099 5,426 122 24,561 Provision for credit losses 200 (31 ) – (4 ) (150 ) (1 ) 14 Insurance policyholder benefits, claims and acquisition expense – – 1,555 – – – 1,555 Non-interest expense 3,893 4,777 289 776 2,909 277 12,921 Income (loss) before income taxes 4,997 1,733 501 327 2,667 (154 ) 10,071 Income taxes (recoveries) 1,296 409 113 84 529 (222 ) 2,209 Net income $ 3,701 $ 1,324 $ 388 $ 243 $ 2,138 $ 68 $ 7,862 Non-interest expense includes: Depreciation and amortization $ 453 $ 438 $ 29 $ 96 $ 251 $ 2 $ 1,269 (1) Taxable equivalent basis. (2) Interest revenue is reported net of interest expense as we rely primarily on net interest income as a performance measure. (3) Effective Q4 2021, gains (losses) on economic hedges of our U.S. share-based compensation plans, which are reflected in revenue, and related variability in share-based compensation expense driven by changes in the fair value of liabilities relating to our U.S. share-based compensation plans have been reclassified from our Wealth Management segment to Corporate Support. Comparative amounts have been reclassified to conform with this presentation. Total assets and total liabilities by business segment As at April 30, 2022 (Millions of Canadian dollars) Personal & Wealth Insurance Investor & Capital Corporate Total Total assets $ 574,412 $ 155,948 $ 21,932 $ 255,046 $ 783,628 $ 57,606 $ 1,848,572 Total liabilities 574,328 156,198 22,466 254,929 782,934 (46,688 ) 1,744,167 As at October 31, 2021 (Millions of Canadian dollars) Personal & Wealth Insurance Investor & Capital Corporate Total Total assets $ 549,702 $ 148,990 $ 22,724 $ 240,055 $ 692,278 $ 52,574 $ 1,706,323 Total liabilitie s 549,619 149,096 22,966 239,960 691,767 (45,847 ) 1,607,561

Capital management (Tables)

Capital management (Tables)	6 Months Ended
	Apr. 30, 2022
Text Block [Abstract]
Summary of Regulatory Capital and Capital Ratios	As at (Millions of Canadian dollars, except percentage amounts and as otherwise noted) April 30 2022 October 31 2021 Capital (1) CET1 capital $ 77,069 $ 75,583 Tier 1 capital 84,345 82,246 Total capital 93,871 92,026 Risk-weighted assets (RWA) used in calculation of capital ratios (1) Credit risk $ 472,516 $ 444,142 Market risk 37,851 34,806 Operational risk 75,472 73,593 Total RWA $ 585,839 $ 552,541 Capital ratios and Leverage ratio (1) CET1 ratio 13.2% 13.7% Tier 1 capital ratio 14.4% 14.9% Total capital ratio 16.0% 16.7% Leverage ratio 4.7% 4.9% Leverage ratio exposure (billions) $ 1,812 $ 1,662 TLAC available and ratios (2), (3) TLAC available $ 158,140 n.a. TLAC ratio 27.0% n.a. TLAC leverage ratio 8.7% n.a. (1) Capital, RWA, and capital ratios are calculated using OSFI’s Capital Adequacy Requirements (CAR) guideline and the Leverage ratio is calculated using OSFI’s Leverage Requirements (LR) guideline as updated in accordance with the regulatory guidance issued by OSFI in response to the COVID-19 pandemic. Both the CAR guideline and LR guideline are based on the Basel III framework. (2) Effective November 1, 2021, OSFI requires Canadian Domestic Systemically Important Banks to meet minimum risk-based TLAC ratio and TLAC leverage ratio requirements which are calculated using OSFI’s TLAC guideline. (3) The TLAC standard is applied at the resolution entity level which for us is deemed to be Royal Bank of Canada and its subsidiaries. A resolution entity and its subsidiaries are collectively called a resolution group. Both the TLAC ratio and TLAC leverage ratio are calculated using the TLAC available as percentage of total RWA and leverage exposure, respectively. n.a. not applicable

Fair value of financial instr_3

Fair value of financial instruments - Summary of Comparison of Carrying and Fair Values for Each Classification of Financial Instrument (Detail) - CAD ($) $ in Millions		Apr. 30, 2022	Oct. 31, 2021
Financial assets
Interest-bearing deposits with banks		$ 68,829	$ 79,638
Securities
Trading		143,766	139,240
Investment, net of applicable allowance		154,549	145,484
Securities		298,315	284,724
Assets purchased under reverse repurchase agreements and securities borrowed		316,698	307,903
Loans, net of applicable allowance
Loans, net		774,464	717,575
Other
Derivatives		156,204	95,541
Deposits
Personal		382,881	362,488
Business and government		724,978	696,353
Bank		43,738	41,990
Deposits		1,151,597	1,100,831
Other
Obligations related to securities sold short		39,464	37,841
Obligations related to assets sold under repurchase agreements and securities loaned		279,338	262,201
Derivatives		151,541	91,439
Subordinated debentures		10,276	9,593
Financial assets classified as FVTPL [member]
Securities
Trading		133,183	125,801
Securities		133,183	125,801
Assets purchased under reverse repurchase agreements and securities borrowed		271,184	265,011
Loans, net of applicable allowance
Retail		54
Wholesale		8,342	8,428
Loans, net		8,396	8,428
Other
Derivatives		156,204	95,541
Other assets	[1]	4,041	4,109
Financial assets designated as FVTPL [member]
Financial assets
Interest-bearing deposits with banks		57,963	56,896
Securities
Trading		10,583	13,439
Securities		10,583	13,439
Loans, net of applicable allowance
Retail		244	241
Wholesale		3,074	2,769
Loans, net		3,318	3,010
Financial assets classified as FVOCI [member]
Securities
Investment, net of applicable allowance		80,208	77,802
Securities		80,208	77,802
Loans, net of applicable allowance
Retail		189	327
Wholesale		529	813
Loans, net		718	1,140
Financial assets designated as FVOCI [member]
Securities
Investment, net of applicable allowance		573	533
Securities		573	533
Financial liabilities classified as FVTPL [member]
Deposits
Personal		309	321
Business and government	[2]	591	739
Deposits		900	1,060
Other
Obligations related to securities sold short		39,464	37,841
Derivatives		151,541	91,439
Other liabilities	[3]	294	654
Financial liabilities designated as FVTPL [member]
Deposits
Personal		18,267	18,328
Business and government	[2]	143,147	131,630
Bank		10,647	17,251
Deposits		172,061	167,209
Other
Obligations related to assets sold under repurchase agreements and securities loaned		252,308	236,147
Other liabilities	[3]	82	171
Fair value of financial instruments not measured at fair value [member] | Financial assets measured at amortized cost [member]
Financial assets
Interest-bearing deposits with banks		10,866	22,742
Securities
Investment, net of applicable allowance		69,784	66,823
Securities		69,784	66,823
Assets purchased under reverse repurchase agreements and securities borrowed		45,514	42,892
Loans, net of applicable allowance
Retail		509,443	502,277
Wholesale		234,812	204,683
Loans, net		744,255	706,960
Other
Other assets	[1]	66,309	58,483
Fair value of financial instruments not measured at fair value [member] | Financial liabilities measured at amortized cost [member]
Deposits
Personal		363,185	344,040
Business and government	[2]	580,134	565,106
Bank		33,080	24,743
Deposits		976,399	933,889
Other
Obligations related to assets sold under repurchase agreements and securities loaned		27,030	26,054
Other liabilities	[3]	75,224	64,749
Subordinated debentures		10,119	9,601
Financial assets at carrying amount [member]
Financial assets
Interest-bearing deposits with banks		68,829	79,638
Securities
Trading		143,766	139,240
Investment, net of applicable allowance		154,549	145,484
Securities		298,315	284,724
Assets purchased under reverse repurchase agreements and securities borrowed		316,698	307,903
Loans, net of applicable allowance
Retail		523,049	501,189
Wholesale		251,415	216,386
Loans, net		774,464	717,575
Other
Derivatives		156,204	95,541
Other assets	[1]	70,350	62,592
Financial assets at carrying amount [member] | Financial assets measured at amortized cost [member]
Financial assets
Interest-bearing deposits with banks		10,866	22,742
Securities
Investment, net of applicable allowance		73,768	67,149
Securities		73,768	67,149
Assets purchased under reverse repurchase agreements and securities borrowed		45,514	42,892
Loans, net of applicable allowance
Retail		522,562	500,621
Wholesale		239,470	204,376
Loans, net		762,032	704,997
Other
Other assets	[1]	66,309	58,483
Financial assets at fair value [member]
Financial assets
Interest-bearing deposits with banks		68,829	79,638
Securities
Trading		143,766	139,240
Investment, net of applicable allowance		150,565	145,158
Securities		294,331	284,398
Assets purchased under reverse repurchase agreements and securities borrowed		316,698	307,903
Loans, net of applicable allowance
Retail		509,930	502,845
Wholesale		246,757	216,693
Loans, net		756,687	719,538
Other
Derivatives		156,204	95,541
Other assets	[1]	70,350	62,592
Financial liabilities at carrying amount [member]
Deposits
Personal		382,881	362,488
Business and government	[2]	724,978	696,353
Bank		43,738	41,990
Deposits		1,151,597	1,100,831
Other
Obligations related to securities sold short		39,464	37,841
Obligations related to assets sold under repurchase agreements and securities loaned		279,338	262,201
Derivatives		151,541	91,439
Other liabilities	[3]	75,691	65,571
Subordinated debentures		10,276	9,593
Financial liabilities at carrying amount [member] | Financial liabilities measured at amortized cost [member]
Deposits
Personal		364,305	343,839
Business and government	[2]	581,240	563,984
Bank		33,091	24,739
Deposits		978,636	932,562
Other
Obligations related to assets sold under repurchase agreements and securities loaned		27,030	26,054
Other liabilities	[3]	75,315	64,746
Subordinated debentures		10,276	9,593
Financial liabilities at fair value [member]
Deposits
Personal		381,761	362,689
Business and government	[2]	723,872	697,475
Bank		43,727	41,994
Deposits		1,149,360	1,102,158
Other
Obligations related to securities sold short		39,464	37,841
Obligations related to assets sold under repurchase agreements and securities loaned		279,338	262,201
Derivatives		151,541	91,439
Other liabilities	[3]	75,600	65,574
Subordinated debentures		$ 10,119	$ 9,601
[1]	Bank deposits refer to deposits from regulated banks and central banks.
[2]	Business and government deposits include deposits from regulated deposit-taking institutions other than banks.
[3]	Includes Acceptances and financial instruments recognized in Other liabilities.

Fair value of financial instr_4

Fair value of financial instrument - Additional Information (Detail) $ in Millions	3 Months Ended
	Apr. 30, 2022CAD ($)
Disclosure of fair value measurement of assets and liabilities [line Items]
Transfers out of Level 1 to Level 2	$ 0
Transfers out of Level 2 to Level 1	0
Transfers out of Level 2 to Level 3	0
Over-the-counter equity options [Member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Transfers out of Level 2 to Level 3	117
Derivative liabilities [member] | Over-the-counter equity options [Member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Transfers out of Level 2 to Level 3	174
Derivative assets [member] | Over-the-counter equity options [Member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Transfers out of Level 2 to Level 3	$ 57

Fair value of financial instr_5

Fair value of financial instrument - Summary of Fair Value of Assets and Liabilities Measured at Fair Value on a Recurring Basis and Classified Using Fair Value Hierarchy (Detail) - CAD ($) $ in Millions	Apr. 30, 2022	Jan. 31, 2022	Oct. 31, 2021	Apr. 30, 2021	Jan. 31, 2021	Oct. 31, 2020
Financial assets
Interest-bearing deposits with banks	$ 68,829		$ 79,638
Trading
Trading securities	143,766		139,240
Investment
Assets purchased under reverse repurchase agreements and securities borrowed	316,698		307,903
Loans	774,464		717,575
Derivatives
Derivatives	156,204		95,541
Deposits
Personal	382,881		362,488
Business and government	724,978		696,353
Bank	43,738		41,990
Other
Obligations related to securities sold short	39,464		37,841
Obligations related to assets sold under repurchase agreements and securities loaned	279,338		262,201
Derivatives
Total derivatives	151,541		91,439
Netting adjustments [member]
Derivatives
Impact on Positive fair values (Derivative assets) of netting agreements that qualify for balance sheet offset	(2,783)		(314)
Financial assets	(2,783)		(314)
Derivatives
Impact on Negative fair values (Derivative liabilities) of netting agreements that qualify for balance sheet offset	(2,783)		(314)
Financial liabilities	(2,783)		(314)
Total gross fair value [member] | Level 1 [member]
Trading
Trading securities	64,856		68,747
Investment
Investment securities	2,111		2,031
Derivatives
Total gross derivatives, assets	3,979		3,175
Other assets	1,414		1,474
Financial assets	72,360		75,427
Other
Obligations related to securities sold short	17,067		18,345
Derivatives
Total gross derivatives, liabilities	7,019		3,699
Other liabilities	387		258
Financial liabilities	24,473		22,302
Total gross fair value [member] | Level 2 [member]
Financial assets
Interest-bearing deposits with banks	57,963		56,896
Trading
Trading securities	77,128		68,911
Investment
Investment securities	78,151		75,798
Assets purchased under reverse repurchase agreements and securities borrowed	271,184		265,011
Loans	11,650		11,501
Derivatives
Total gross derivatives, assets	154,457		92,251
Other assets	2,612		2,635
Financial assets	653,145		573,003
Deposits
Personal	18,419		18,498
Business and government	143,738		132,369
Bank	10,647		17,251
Other
Obligations related to securities sold short	22,397		19,496
Obligations related to assets sold under repurchase agreements and securities loaned	252,308		236,147
Derivatives
Total gross derivatives, liabilities	145,707		86,664
Other liabilities	(14)		560
Financial liabilities	593,202		510,985
Total gross fair value [member] | Level 3 [member]
Trading
Trading securities	1,782		1,582
Investment
Investment securities	519		506
Loans	782		1,077
Derivatives
Total gross derivatives, assets	551		429
Other assets	15
Financial assets	3,649		3,594
Deposits
Personal	157		151
Derivatives
Total gross derivatives, liabilities	1,598		1,390
Other liabilities	3		7
Financial liabilities	1,758		1,548
Total gross fair value [member] | Canadian government debt - issued or guaranteed, Federal [member] | Level 1 [member]
Trading
Trading securities	8,179		8,977
Investment
Investment securities	1,960		1,973
Total gross fair value [member] | Canadian government debt - issued or guaranteed, Federal [member] | Level 2 [member]
Trading
Trading securities	1,785		2,380
Investment
Investment securities	1,969		1,730
Total gross fair value [member] | Canadian government debt - issued or guaranteed, Provincial and municipal [member] | Level 2 [member]
Trading
Trading securities	11,111		11,068
Investment
Investment securities	2,980		3,132
Total gross fair value [member] | U.S. federal, state, municipal and agencies debt - issued or guaranteed [member] | Level 1 [member]
Trading
Trading securities	960		215
Investment
Investment securities	109		12
Total gross fair value [member] | U.S. federal, state, municipal and agencies debt - issued or guaranteed [member] | Level 2 [member]
Trading
Trading securities	32,284		22,738
Investment
Investment securities	31,273		34,815
Total gross fair value [member] | U.S. federal, state, municipal and agencies debt - issued or guaranteed [member] | Level 3 [member]
Trading
Trading securities	16		25
Total gross fair value [member] | Other OECD government debt - issued or guaranteed [member] | Level 1 [member]
Trading
Trading securities	3,032		2,729
Total gross fair value [member] | Other OECD government debt - issued or guaranteed [member] | Level 2 [member]
Trading
Trading securities	4,012		5,730
Investment
Investment securities	6,542		5,956
Total gross fair value [member] | Mortgage-backed securities [member] | Level 2 [member]
Trading
Trading securities	8		4
Investment
Investment securities	2,844		2,727
Total gross fair value [member] | Mortgage-backed securities [member] | Level 3 [member]
Investment
Investment securities	21		20
Total gross fair value [member] | Asset- backed securities, Non-CDO [member] | Level 2 [member]
Trading
Trading securities	1,126		891
Investment
Investment securities	539		586
Total gross fair value [member] | Asset- backed securities, Non-CDO [member] | Level 3 [member]
Trading
Trading securities	2		2
Total gross fair value [member] | Corporate debt and other debt [member] | Level 2 [member]
Trading
Trading securities	23,521		23,085
Investment
Investment securities	24,663		19,625
Total gross fair value [member] | Corporate debt and other debt [member] | Level 3 [member]
Trading
Trading securities	5		25
Investment
Investment securities	149		152
Total gross fair value [member] | Equity securities [member] | Level 1 [member]
Trading
Trading securities	52,685		56,826
Investment
Investment securities	42		46
Total gross fair value [member] | Equity securities [member] | Level 2 [member]
Trading
Trading securities	3,281		3,015
Investment
Investment securities	182		153
Total gross fair value [member] | Equity securities [member] | Level 3 [member]
Trading
Trading securities	1,759		1,530
Investment
Investment securities	349		334
Total gross fair value [member] | Asset-backed securities, CDO [member] | Level 2 [member]
Investment
Investment securities	7,159		7,074
Total gross fair value [member] | Interest rate contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, assets	33,883		33,857
Total gross fair value [member] | Interest rate contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, assets	381		320
Total gross fair value [member] | Foreign exchange contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, assets	102,847		41,224
Total gross fair value [member] | Foreign exchange contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, assets	42		74
Total gross fair value [member] | Credit derivatives [member] | Level 2 [member]
Derivatives
Total gross derivatives, assets	256		34
Total gross fair value [member] | Other contracts [member] | Level 1 [member]
Derivatives
Total gross derivatives, assets	3,979		3,175
Total gross fair value [member] | Other contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, assets	18,994		17,955
Total gross fair value [member] | Other contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, assets	108		26
Total gross fair value [member] | Valuation adjustments [member] | Level 2 [member]
Derivatives
Total gross derivatives, assets	(1,523)		(819)
Total gross fair value [member] | Valuation adjustments [member] | Level 3 [member]
Derivatives
Total gross derivatives, assets	20		9
Total gross fair value [member] | Interest rate contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, liabilities	31,039		28,566
Total gross fair value [member] | Interest rate contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, liabilities	1,044		955
Total gross fair value [member] | Foreign exchange contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, liabilities	99,539		40,484
Total gross fair value [member] | Foreign exchange contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, liabilities	18		27
Total gross fair value [member] | Credit derivatives [member] | Level 2 [member]
Derivatives
Total gross derivatives, liabilities	102		120
Total gross fair value [member] | Other contracts [member] | Level 1 [member]
Derivatives
Total gross derivatives, liabilities	7,019		3,699
Total gross fair value [member] | Other contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, liabilities	15,544		17,456
Total gross fair value [member] | Other contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, liabilities	544		419
Total gross fair value [member] | Valuation adjustments [member] | Level 2 [member]
Derivatives
Total gross derivatives, liabilities	(517)		38
Total gross fair value [member] | Valuation adjustments [member] | Level 3 [member]
Derivatives
Total gross derivatives, liabilities	(8)		(11)
Recurring [member]
Financial assets
Interest-bearing deposits with banks	57,963		56,896
Trading
Trading securities	143,766		139,240
Investment
Investment securities	80,781		78,335
Assets purchased under reverse repurchase agreements and securities borrowed	271,184		265,011
Loans	12,432		12,578
Derivatives
Total gross derivatives, assets	158,987		95,855
Impact on Positive fair values (Derivative assets) of netting agreements that qualify for balance sheet offset	(2,783)		(314)
Derivatives	156,204		95,541
Other assets	4,041		4,109
Financial assets	726,371		651,710
Deposits
Personal	18,576		18,649
Business and government	143,738		132,369
Bank	10,647		17,251
Other
Obligations related to securities sold short	39,464		37,841
Obligations related to assets sold under repurchase agreements and securities loaned	252,308		236,147
Derivatives
Total gross derivatives, liabilities	154,324		91,753
Impact on Negative fair values (Derivative liabilities) of netting agreements that qualify for balance sheet offset	(2,783)		(314)
Total derivatives	151,541		91,439
Other liabilities	376		825
Financial liabilities	616,650		534,521
Recurring [member] | Level 3 [member]
Derivatives
Financial liabilities	(160)	$ (129)	(158)	$ (81)	$ (182)	$ (177)
Recurring [member] | Canadian government debt - issued or guaranteed, Federal [member]
Trading
Trading securities	9,964		11,357
Investment
Investment securities	3,929		3,703
Recurring [member] | Canadian government debt - issued or guaranteed, Provincial and municipal [member]
Trading
Trading securities	11,111		11,068
Investment
Investment securities	2,980		3,132
Recurring [member] | U.S. federal, state, municipal and agencies debt - issued or guaranteed [member]
Trading
Trading securities	33,260		22,978
Investment
Investment securities	31,382		34,827
Recurring [member] | Other OECD government debt - issued or guaranteed [member]
Trading
Trading securities	7,044		8,459
Investment
Investment securities	6,542		5,956
Recurring [member] | Mortgage-backed securities [member]
Trading
Trading securities	8		4
Investment
Investment securities	2,865		2,747
Recurring [member] | Asset- backed securities, Non-CDO [member]
Trading
Trading securities	1,128		893
Investment
Investment securities	539		586
Recurring [member] | Corporate debt and other debt [member]
Trading
Trading securities	23,526		23,110
Investment
Investment securities	24,812		19,777
Recurring [member] | Equity securities [member]
Trading
Trading securities	57,725		61,371
Investment
Investment securities	573		533
Recurring [member] | Asset-backed securities, CDO [member]
Investment
Investment securities	7,159		7,074
Recurring [member] | Interest rate contracts [member]
Derivatives
Total gross derivatives, assets	34,264		34,177
Recurring [member] | Foreign exchange contracts [member]
Derivatives
Total gross derivatives, assets	102,889		41,298
Recurring [member] | Credit derivatives [member]
Derivatives
Total gross derivatives, assets	256		34
Recurring [member] | Other contracts [member]
Derivatives
Total gross derivatives, assets	23,081		21,156
Recurring [member] | Valuation adjustments [member]
Derivatives
Total gross derivatives, assets	(1,503)		(810)
Recurring [member] | Interest rate contracts [member]
Derivatives
Total gross derivatives, liabilities	32,083		29,521
Recurring [member] | Foreign exchange contracts [member]
Derivatives
Total gross derivatives, liabilities	99,557		40,511
Recurring [member] | Credit derivatives [member]
Derivatives
Total gross derivatives, liabilities	102		120
Recurring [member] | Other contracts [member]
Derivatives
Total gross derivatives, liabilities	23,107		21,574
Recurring [member] | Valuation adjustments [member]
Derivatives
Total gross derivatives, liabilities	$ (525)		$ 27

Fair value of financial instr_6

Fair value of financial instrument - Summary of Fair Value of Assets and Liabilities Measured at Fair Value on a Recurring Basis and Classified Using Fair Value Hierarchy (Parenthetical) (Detail) - CAD ($) $ in Millions	Apr. 30, 2022	Oct. 31, 2021
Disclosure of Detailed Information about Financial Instruments [line Items]
Trading securities	$ 143,766	$ 139,240
Investment securities	154,549	145,484
Residential mortgage-backed securities [member]
Disclosure of Detailed Information about Financial Instruments [line Items]
Trading securities	12,651	13,124
Investment securities	13,103	13,542
Commercial mortgage-backed securities [member]
Disclosure of Detailed Information about Financial Instruments [line Items]
Trading securities	0	0
Investment securities	$ 2,916	$ 2,592

Fair value of financial instr_7

Fair value of financial instrument - Changes in Fair Value Measurement for Instruments Measured on a Recurring Basis and Categorized in Level 3 (Detail) - Recurring [member] - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance			$ 651,710
Fair value assets, ending balance	$ 726,371		726,371
Fair value liabilities, beginning balance			534,521
Fair value liabilities, ending balance	616,650		616,650
Level 3 [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	1,974	$ 2,377	2,204	$ 2,155
Gains (losses) included in earnings	(60)	5	43	(18)
Gains (losses) included in OCI	(26)	(74)	32	(106)
Purchases (issuances)	365	92	407	271
Settlement (sales) and other	(37)	(86)	(408)	(110)
Transfers into Level 3	(107)	(153)	(157)	(117)
Transfers out of Level 3	(58)	(47)	(70)	39
Fair value assets, ending balance	2,051	2,114	2,051	2,114
Gains (losses) included in earnings for positions still held	(34)	53	374	113
Fair value liabilities, beginning balance	(129)	(182)	(158)	(177)
Gains (losses) included in earnings	(3)	(26)	(9)	(33)
Gains (losses) included in OCI		2	(1)	6
Purchases (issuances)	(52)	(47)	(79)	(92)
Settlement (sales) and other	16	36	21	51
Transfers into Level 3	(16)	(5)	(36)	(77)
Transfers out of Level 3	24	141	102	241
Fair value liabilities, ending balance	(160)	(81)	(160)	(81)
Gains (losses) included in earnings for positions still held	8	9	(9)	34
Level 3 [member] | Investment [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	524	511	506	522
Gains (losses) included in OCI	(7)	(24)	41	(38)
Purchases (issuances)	2		8
Settlement (sales) and other		1	(1)	4
Transfers out of Level 3			(35)
Fair value assets, ending balance	519	488	519	488
Level 3 [member] | Interest rate contracts [member] | Net derivative balances, category [Member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	(555)	(643)	(635)	(588)
Gains (losses) included in earnings	(146)	(32)	(157)	(31)
Gains (losses) included in OCI	(3)		(2)	(2)
Purchases (issuances)	99	15	100	12
Settlement (sales) and other	(16)	(2)	66	(40)
Transfers into Level 3		(6)		(9)
Transfers out of Level 3	(42)	2	(35)	(8)
Fair value assets, ending balance	(663)	(666)	(663)	(666)
Gains (losses) included in earnings for positions still held	(163)	(32)	108	(23)
Level 3 [member] | Foreign exchange contracts [member] | Net derivative balances, category [Member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	7	42	47	22
Gains (losses) included in earnings	(17)	12	(47)	25
Gains (losses) included in OCI		(2)	1	1
Purchases (issuances)	21	10	21	15
Settlement (sales) and other	16	(8)	12	(14)
Transfers into Level 3		6		7
Transfers out of Level 3	(3)	(14)	(10)	(10)
Fair value assets, ending balance	24	46	24	46
Gains (losses) included in earnings for positions still held	(12)	12	53	29
Level 3 [member] | Other contracts [member] | Net derivative balances, category [Member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	(448)	(100)	(393)	(301)
Gains (losses) included in earnings	123	14	184	3
Gains (losses) included in OCI	(3)	2	(11)	13
Purchases (issuances)	(12)	(39)	(115)	(56)
Settlement (sales) and other	6		48	47
Transfers into Level 3	(117)	(232)	(193)	(224)
Transfers out of Level 3	15	14	44	177
Fair value assets, ending balance	(436)	(341)	(436)	(341)
Gains (losses) included in earnings for positions still held	107	6	166	20
Level 3 [member] | Valuation adjustments [member] | Net derivative balances, category [Member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	39	36	20	40
Settlement (sales) and other	(11)	(15)	(11)	(19)
Transfers into Level 3			19
Fair value assets, ending balance	28	21	28	21
Level 3 [member] | Other assets [member] | Net derivative balances, category [Member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Purchases (issuances)	15		15
Fair value assets, beginning balance		9		53
Gains (losses) included in earnings				(39)
Gains (losses) included in OCI				(2)
Settlement (sales) and other		(7)		(10)
Fair value assets, ending balance	15	2	15	2
Gains (losses) included in earnings for positions still held				(39)
Level 3 [member] | Corporate debt and other debt [member] | Investment [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	155	154	152	160
Gains (losses) included in OCI	(6)	(9)	(3)	(16)
Settlement (sales) and other		1		2
Fair value assets, ending balance	149	146	149	146
Level 3 [member] | Equities [member] | Investment [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	349	336	334	335
Gains (losses) included in OCI	(2)	(14)	43	(15)
Purchases (issuances)	2		8
Transfers out of Level 3			(35)
Fair value assets, ending balance	349	322	349	322
Settlement (sales) and other			(1)	2
Level 3 [member] | Loans [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	679	1,113	1,077	1,070
Gains (losses) included in earnings	(23)	(18)	(13)	(23)
Gains (losses) included in OCI	(24)	(15)	(32)	(9)
Purchases (issuances)	161	51	217	133
Settlement (sales) and other	(1)	(4)	(462)
Transfers into Level 3	9	54	16	70
Transfers out of Level 3	(19)	(36)	(21)	(96)
Fair value assets, ending balance	782	1,145	782	1,145
Gains (losses) included in earnings for positions still held	38	18	(46)	38
Level 3 [member] | Mortgage-backed securities [member] | Investment [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	20	21	20	27
Gains (losses) included in OCI	1	(1)	1	(7)
Fair value assets, ending balance	21	20	21	20
Level 3 [member] | Trading Securities [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	1,728	1,409	1,582	1,337
Gains (losses) included in earnings	3	29	76	47
Gains (losses) included in OCI	11	(35)	35	(69)
Purchases (issuances)	79	55	161	167
Settlement (sales) and other	(31)	(51)	(60)	(78)
Transfers into Level 3	1	25	1	39
Transfers out of Level 3	(9)	(13)	(13)	(24)
Fair value assets, ending balance	1,782	1,419	1,782	1,419
Gains (losses) included in earnings for positions still held	(4)	49	93	88
Level 3 [member] | Trading Securities [member] | U.S. state, municipal and agencies debt - issued or guaranteed [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	22	39	25	44
Gains (losses) included in OCI		(2)	1	(3)
Settlement (sales) and other	(6)	(4)	(10)	(8)
Fair value assets, ending balance	16	33	16	33
Level 3 [member] | Trading Securities [member] | Asset-backed securities, Non-CDO securities [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	2	2	2	2
Fair value assets, ending balance	2	2	2	2
Level 3 [member] | Trading Securities [member] | Corporate debt and other debt [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	15	36	25	30
Gains (losses) included in earnings	(1)	(1)	(2)	(1)
Purchases (issuances)				3
Settlement (sales) and other		(4)	(5)	(4)
Transfers into Level 3				14
Transfers out of Level 3	(9)	(13)	(13)	(24)
Fair value assets, ending balance	5	18	5	18
Gains (losses) included in earnings for positions still held		(1)		(1)
Level 3 [member] | Trading Securities [member] | Equities [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	1,689	1,332	1,530	1,261
Gains (losses) included in earnings	4	30	78	48
Gains (losses) included in OCI	11	(33)	34	(66)
Purchases (issuances)	79	55	161	164
Settlement (sales) and other	(25)	(43)	(45)	(66)
Transfers into Level 3	1	25	1	25
Fair value assets, ending balance	1,759	1,366	1,759	1,366
Gains (losses) included in earnings for positions still held	(4)	50	93	89
Level 3 [member] | Deposits - Personal [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value liabilities, beginning balance	(122)	(169)	(151)	(139)
Gains (losses) included in earnings	(3)	(26)	(9)	(55)
Gains (losses) included in OCI		2	(1)	5
Purchases (issuances)	(52)	(47)	(79)	(92)
Settlement (sales) and other	12	34	17	47
Transfers into Level 3	(16)	(5)	(36)	(77)
Transfers out of Level 3	24	141	102	241
Fair value liabilities, ending balance	(157)	(70)	(157)	(70)
Gains (losses) included in earnings for positions still held	8	9	(9)	12
Level 3 [member] | Other liabilities [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value liabilities, beginning balance	(7)	(13)	(7)	(38)
Gains (losses) included in earnings				22
Gains (losses) included in OCI				1
Settlement (sales) and other	4	2	4	4
Fair value liabilities, ending balance	$ (3)	$ (11)	$ (3)	(11)
Gains (losses) included in earnings for positions still held				$ 22

Fair value of financial instr_8

Fair value of financial instrument - Changes in Fair Value Measurement for Instruments Measured on a Recurring Basis and Categorized in Level 3 (Parenthetical) (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021	Oct. 31, 2021
Disclosure of fair value measurement of assets and liabilities [line Items]
Derivative assets	$ 156,204		$ 156,204		$ 95,541
Derivative liabilities	151,541		151,541		91,439
Recurring [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Derivative assets	156,204		156,204		95,541
Derivative liabilities	151,541		151,541		$ 91,439
Investment [member] | Level 3 [member] | Recurring [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Unrealized gains (losses), excluding foreign currency translation, recognized in OCI	1	$ 8	44	$ 11
Net derivative balances, category [Member] | Level 3 [member] | Recurring [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Derivative assets	551	378	551	378
Derivative liabilities	$ 1,598	$ 1,318	$ 1,598	$ 1,318

Fair value of financial instr_9

Fair value of financial instruments - Summary of Net Interest Income From Financial Instruments (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Disclosure of detailed information about financial instruments [line items]
Interest income	$ 7,758	$ 6,898	$ 15,136	$ 14,134
Interest expense	2,484	2,044	4,591	4,245
Net interest income	5,274	4,854	10,545	9,889
Interest and dividend income [member] | Financial assets measured at fair value through profit or loss [member]
Disclosure of detailed information about financial instruments [line items]
Interest income	1,575	1,080	2,994	2,252
Interest and dividend income [member] | Financial assets measured at fair value through other comprehensive income [member]
Disclosure of detailed information about financial instruments [line items]
Interest income	124	92	201	194
Interest and dividend income [member] | Financial assets measured at amortized cost [member]
Disclosure of detailed information about financial instruments [line items]
Interest income	6,059	5,726	11,941	11,688
Interest expense [member] | Financial liabilities measured at fair value through profit or loss [member]
Disclosure of detailed information about financial instruments [line items]
Interest expense	1,085	702	1,946	1,439
Interest expense [member] | Financial liabilities measured at amortized cost [member]
Disclosure of detailed information about financial instruments [line items]
Interest expense	$ 1,399	$ 1,342	$ 2,645	$ 2,806

Fair value of financial inst_10

Fair value of financial instruments - Summary of Net Interest Income From Financial Instruments (Parenthetical) (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Disclosure of detailed information about financial instruments [line items]
Insurance premiums, investment and fee income	$ 234	$ 536	$ 1,633	$ 2,345
Dividend income	690	609	1,440	1,217
Interest expense [member]
Disclosure of detailed information about financial instruments [line items]
Insurance premiums, investment and fee income	2	1	3	2
Interest and dividend income [Member]
Disclosure of detailed information about financial instruments [line items]
Insurance premiums, investment and fee income	$ 147	$ 139	$ 343	$ 288

Securities - Summary of Unreali

Securities - Summary of Unrealized Gains and Losses on Securities at Fair Value through Other Comprehensive Income (Detail) - CAD ($) $ in Millions	Apr. 30, 2022	Oct. 31, 2021
Disclosure of financial assets [line items]
Cost/Amortized cost	$ 82,129	$ 78,180
Gross unrealized gains	575	723
Gross unrealized losses	(1,923)	(568)
Fair value	80,781	78,335
Canadian government debt - issued or guaranteed, Federal [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	4,194	3,841
Gross unrealized gains	2	1
Gross unrealized losses	(267)	(139)
Fair value	3,929	3,703
Canadian government debt - issued or guaranteed, Provincial and municipal [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	3,441	3,328
Gross unrealized gains	1	3
Gross unrealized losses	(462)	(199)
Fair value	2,980	3,132
U.S. federal, state, municipal and agencies debt - issued or guaranteed [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	32,156	34,678
Gross unrealized gains	235	353
Gross unrealized losses	(1,009)	(204)
Fair value	31,382	34,827
Other OECD government debt - issued or guaranteed [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	6,547	5,949
Gross unrealized gains	3	8
Gross unrealized losses	(8)	(1)
Fair value	6,542	5,956
Mortgage-backed securities [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	2,902	2,757
Gross unrealized gains		2
Gross unrealized losses	(37)	(12)
Fair value	2,865	2,747
Asset-backed securities, CDO [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	7,213	7,074
Gross unrealized gains		1
Gross unrealized losses	(54)	(1)
Fair value	7,159	7,074
Asset-backed securities, Non CDO [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	543	580
Gross unrealized gains	1	6
Gross unrealized losses	(5)
Fair value	539	586
Corporate debt and other debt [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	24,858	19,731
Gross unrealized gains	32	57
Gross unrealized losses	(78)	(11)
Fair value	24,812	19,777
Equities [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	275	242
Gross unrealized gains	301	292
Gross unrealized losses	(3)	(1)
Fair value	$ 573	$ 533

Securities - Summary of Unrea_2

Securities - Summary of Unrealized Gains and Losses on Securities at Fair Value through Other Comprehensive Income (Parenthetical) (Detail) - CAD ($) $ in Millions	Apr. 30, 2022	Oct. 31, 2021
Disclosure of financial assets [line items]
Amortized cost	$ 82,129	$ 78,180
Allowance for credit losses on debt securities at FVOCI	(13)	(9)
Gross unrealized gains on securities measured at FVOCI	575	723
Gross unrealized losses on securities measured at FVOCI	(1,923)	(568)
Securities measured at fair value through other comprehensive income [member] | Commercial mortgage-backed securities [member]
Disclosure of financial assets [line items]
Amortized cost	2,962	2,603
Gross unrealized gains on securities measured at FVOCI	0	1
Gross unrealized losses on securities measured at FVOCI	46	12
Fair value	2,916	2,592
Held-to-collect securities category [member]
Disclosure of financial assets [line items]
Amortized cost	$ 73,768	$ 67,149

Securities - Summary of Allowan

Securities - Summary of Allowance for Credit Losses - Securities at FVOCI (Detail) - Debt securities at fair value through other comprehensive income [member] - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Disclosure of financial assets [line items]
Balance at beginning of period	$ (11)	$ 5	$ (9)	$ 8
Provision for credit losses
Purchases	1	3	1	5
Sales and maturities	(1)	(4)	(1)	(8)
Changes in risk, parameters and exposures	(2)	(2)	(4)	(3)
Exchange rate and other		(1)		(1)
Balance at end of period	(13)	1	(13)	1
Performing Stage one [member]
Disclosure of financial assets [line items]
Balance at beginning of period	2	7	2	12
Provision for credit losses
Purchases	1	3	1	5
Sales and maturities	(1)	(3)	(1)	(7)
Changes in risk, parameters and exposures	1		1	(2)
Exchange rate and other	(1)		(1)	(1)
Balance at end of period	2	7	2	7
Performing Stage two [member]
Disclosure of financial assets [line items]
Balance at beginning of period	1	3	1
Provision for credit losses
Sales and maturities		(1)		(1)
Changes in risk, parameters and exposures				3
Exchange rate and other	1	(1)	1	(1)
Balance at end of period	2	1	2	1
Impaired Stage three [member]
Disclosure of financial assets [line items]
Balance at beginning of period	(14)	(5)	(12)	(4)
Provision for credit losses
Changes in risk, parameters and exposures	(3)	(2)	(5)	(4)
Exchange rate and other				1
Balance at end of period	$ (17)	$ (7)	$ (17)	$ (7)

Securities - Summary of Allow_2

Securities - Summary of Allowance for Credit Losses - Securities at Amortized Cost (Detail) - Debt securities at amortized cost [member] - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 26	$ 26	$ 23	$ 29
Provision for credit losses
Purchases	2	4	8	7
Sales and maturities		(1)	(1)	(1)
Changes in risk, parameters and exposures	(3)	(1)	(5)	(5)
Exchange rate and other				(2)
Balance at end of period	25	28	25	28
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	9	8	5	10
Provision for credit losses
Purchases	2	4	8	7
Sales and maturities		(1)	(1)	(1)
Changes in risk, parameters and exposures	(2)		(3)	(5)
Balance at end of period	9	11	9	11
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	17	18	18	19
Provision for credit losses
Changes in risk, parameters and exposures	(1)	(1)	(2)
Exchange rate and other				(2)
Balance at end of period	$ 16	$ 17	$ 16	$ 17

Securities - Summary of Credit

Securities - Summary of Credit Risk Exposure by Internal Risk Rating (Detail) - CAD ($) $ in Millions	6 Months Ended	12 Months Ended
	Apr. 30, 2022	Oct. 31, 2021
Disclosure of credit risk exposure [line items]
Amortized cost	$ 82,129	$ 78,180
Securities measured at fair value through other comprehensive income [member]
Disclosure of credit risk exposure [line items]
Investment grade	79,431	77,229
Non-investment grade	631	423
Impaired	146	150
Carrying amount of securities measured at FVOCI subject to impairment	80,208	77,802
Items not subject to impairment	573	533
Carrying amount of securities measured at FVOCI	80,781	78,335
Securities measured at amortized cost [member]
Disclosure of credit risk exposure [line items]
Investment grade	72,764	66,033
Non-investment grade	1,029	1,139
Amount before allowance for credit losses	73,793	67,172
Allowance for credit losses	25	23
Amortized cost	73,768	67,149
Performing Stage one [member] | Securities measured at fair value through other comprehensive income [member]
Disclosure of credit risk exposure [line items]
Investment grade	79,395	77,147
Non-investment grade	617	423
Carrying amount of securities measured at FVOCI subject to impairment	80,012	77,570
Performing Stage one [member] | Securities measured at amortized cost [member]
Disclosure of credit risk exposure [line items]
Investment grade	72,764	66,033
Non-investment grade	813	928
Amount before allowance for credit losses	73,577	66,961
Allowance for credit losses	9	5
Amortized cost	73,568	66,956
Performing Stage two [member] | Securities measured at fair value through other comprehensive income [member]
Disclosure of credit risk exposure [line items]
Investment grade	36	82
Non-investment grade	14
Carrying amount of securities measured at FVOCI subject to impairment	50	82
Performing Stage two [member] | Securities measured at amortized cost [member]
Disclosure of credit risk exposure [line items]
Non-investment grade	216	211
Amount before allowance for credit losses	216	211
Allowance for credit losses	16	18
Amortized cost	200	193
Impaired Stage three [member] | Securities measured at fair value through other comprehensive income [member]
Disclosure of credit risk exposure [line items]
Impaired	146	150
Carrying amount of securities measured at FVOCI subject to impairment	$ 146	$ 150

Securities - Summary of Credi_2

Securities - Summary of Credit Risk Exposure by Internal Risk Rating (Parenthetical) (Detail) - CAD ($) $ in Millions	Apr. 30, 2022	Oct. 31, 2021
Purchased Credit Impaired [member]
Disclosure of credit risk exposure [line items]
Securities at Fair Value Through Other Comprehensive Income	$ 146	$ 150

Loans and Allowance for Credi_3

Loans and Allowance for Credit Losses - Disclosure of Allowance for Credit Losses (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Customers' liability under acceptances [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 83	$ 121	$ 75	$ 107
Provision for credit losses	(42)	(2)	(34)	13
Exchange rate changes/other		1
Balance at end of period	41	120	41	120
Allowance for credit losses [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	4,389	5,914	4,419	6,115
Provision for credit losses	(330)	(83)	(230)	38
Net write-offs	(167)	(208)	(309)	(434)
Exchange rate changes/other	(5)	(98)	7	(194)
Balance at end of period	3,887	5,525	3,887	5,525
Allowance for credit losses [member] | Allowance for Loan Losses [Member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	4,047	5,478	4,089	5,639
Balance at end of period	3,566	5,146	3,566	5,146
Allowance for credit losses [member] | Other Liabilities And Provisions [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	251	309	241	363
Balance at end of period	275	227	275	227
Allowance for credit losses [member] | Customers' liability under acceptances [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	83	121	75	107
Balance at end of period	41	120	41	120
Allowance for credit losses [member] | Other components of equity [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	8	6	14	6
Balance at end of period	5	32	5	32
Retail [member] | Residential mortgages [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	409	512	416	518
Provision for credit losses	(16)	2	(22)	17
Net write-offs	(7)	(7)	(12)	(14)
Exchange rate changes/other	2	(12)	6	(26)
Balance at end of period	388	495	388	495
Retail [member] | Personal [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	1,038	1,315	1,079	1,309
Provision for credit losses	(39)	42	(21)	111
Net write-offs	(56)	(79)	(112)	(138)
Exchange rate changes/other		(3)	(3)	(7)
Balance at end of period	943	1,275	943	1,275
Retail [member] | Credit cards [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	870	1,201	875	1,246
Provision for credit losses	8	17	73	42
Net write-offs	(83)	(81)	(154)	(150)
Exchange rate changes/other		(2)	1	(3)
Balance at end of period	795	1,135	795	1,135
Retail [member] | Small business [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	178	143	177	140
Provision for credit losses	5	1	8	9
Net write-offs	(6)	(5)	(10)	(10)
Exchange rate changes/other	2	50	4	50
Balance at end of period	179	189	179	189
Wholesale [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	1,811	2,622	1,797	2,795
Provision for credit losses	(246)	(143)	(234)	(154)
Net write-offs	(15)	(36)	(21)	(122)
Exchange rate changes/other	(9)	(132)	(1)	(208)
Balance at end of period	$ 1,541	$ 2,311	$ 1,541	$ 2,311

Loans and Allowance for Credi_4

Loans and Allowance for Credit Losses - Reconciliation of Allowance for Credit Losses - Residential Mortgages (Detail) - Retail [member] - Residential mortgages [member] - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 409	$ 512	$ 416	$ 518
Provision for credit losses
Originations	29	23	59	53
Maturities	(6)	(24)	(16)	(34)
Changes in risk, parameters and exposures	(39)	3	(65)	(2)
Write-offs	(10)	(10)	(20)	(19)
Recoveries	3	3	8	5
Exchange rate and other	2	(12)	6	(26)
Balance at end of period	388	495	388	495
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	187	192	186	206
Provision for credit losses
Transfers to Stage 1	36	46	60	120
Transfers to Stage 2	(4)	(4)	(6)	(10)
Transfers to Stage 3		(1)	(1)	(1)
Originations	29	23	59	53
Maturities	(5)	(10)	(12)	(16)
Changes in risk, parameters and exposures	(60)	(52)	(104)	(156)
Exchange rate and other	1	(2)	2	(4)
Balance at end of period	184	192	184	192
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	85	162	92	160
Provision for credit losses
Transfers to Stage 1	(31)	(41)	(50)	(110)
Transfers to Stage 2	5	4	7	12
Transfers to Stage 3	(8)	(14)	(15)	(27)
Maturities	(1)	(14)	(4)	(18)
Changes in risk, parameters and exposures	20	55	39	141
Exchange rate and other	1	(4)	2	(10)
Balance at end of period	71	148	71	148
Impaired Stage three [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	137	158	138	152
Provision for credit losses
Transfers to Stage 1	(5)	(5)	(10)	(10)
Transfers to Stage 2	(1)		(1)	(2)
Transfers to Stage 3	8	15	16	28
Changes in risk, parameters and exposures	1			13
Write-offs	(10)	(10)	(20)	(19)
Recoveries	3	3	8	5
Exchange rate and other		(6)	2	(12)
Balance at end of period	$ 133	$ 155	$ 133	$ 155

Loans and Allowance for Credi_5

Loans and Allowance for Credit Losses - Reconciliation of Allowance for Credit Losses - Personal (Detail) - Retail [member] - Personal [member] - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 1,038	$ 1,315	$ 1,079	$ 1,309
Provision for credit losses
Originations	22	28	48	61
Maturities	(42)	(67)	(88)	(116)
Changes in risk, parameters and exposures	(19)	81	19	166
Write-offs	(89)	(112)	(175)	(206)
Recoveries	33	33	63	68
Exchange rate and other		(3)	(3)	(7)
Balance at end of period	943	1,275	943	1,275
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	404	476	422	480
Provision for credit losses
Transfers to Stage 1	157	145	327	342
Transfers to Stage 2	(39)	(25)	(61)	(52)
Transfers to Stage 3			(1)	(1)
Originations	22	28	48	61
Maturities	(17)	(25)	(38)	(47)
Changes in risk, parameters and exposures	(216)	(108)	(387)	(290)
Exchange rate and other	(1)			(2)
Balance at end of period	310	491	310	491
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	547	721	569	733
Provision for credit losses
Transfers to Stage 1	(157)	(144)	(326)	(340)
Transfers to Stage 2	39	25	61	52
Transfers to Stage 3	(13)	(18)	(25)	(32)
Maturities	(25)	(42)	(50)	(69)
Changes in risk, parameters and exposures	159	140	321	338
Exchange rate and other		(2)		(2)
Balance at end of period	550	680	550	680
Impaired Stage three [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	87	118	88	96
Provision for credit losses
Transfers to Stage 1		(1)	(1)	(2)
Transfers to Stage 3	13	18	26	33
Changes in risk, parameters and exposures	38	49	85	118
Write-offs	(89)	(112)	(175)	(206)
Recoveries	33	33	63	68
Exchange rate and other	1	(1)	(3)	(3)
Balance at end of period	$ 83	$ 104	$ 83	$ 104

Loans and Allowance for Credi_6

Loans and Allowance for Credit Losses - Reconciliation of Allowance for Credit Losses - Credit Cards (Detail) - Retail [member] - Credit cards [member] - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 870	$ 1,201	$ 875	$ 1,246
Provision for credit losses
Originations	2	1	6	3
Maturities	(9)	(9)	(17)	(19)
Changes in risk, parameters and exposures	15	25	84	58
Write-offs	(126)	(121)	(238)	(227)
Recoveries	43	40	84	77
Exchange rate and other		(2)	1	(3)
Balance at end of period	795	1,135	795	1,135
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	226	353	233	364
Provision for credit losses
Transfers to Stage 1	129	152	275	378
Transfers to Stage 2	(28)	(28)	(51)	(58)
Transfers to Stage 3			(1)	(2)
Originations	2	1	6	3
Maturities	(2)	(2)	(3)	(4)
Changes in risk, parameters and exposures	(159)	(149)	(291)	(354)
Exchange rate and other	1	(1)	1	(1)
Balance at end of period	169	326	169	326
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	644	848	642	882
Provision for credit losses
Transfers to Stage 1	(129)	(152)	(275)	(378)
Transfers to Stage 2	28	28	51	58
Transfers to Stage 3	(81)	(76)	(151)	(136)
Maturities	(7)	(7)	(14)	(15)
Changes in risk, parameters and exposures	172	168	373	399
Exchange rate and other	(1)			(1)
Balance at end of period	626	809	626	809
Impaired Stage three [member]
Provision for credit losses
Transfers to Stage 3	81	76	152	138
Changes in risk, parameters and exposures	2	6	2	13
Write-offs	(126)	(121)	(238)	(227)
Recoveries	$ 43	40	$ 84	77
Exchange rate and other		$ (1)		$ (1)

Loans and Allowance for Credi_7

Loans and Allowance for Credit Losses - Reconciliation of Allowance for Credit Losses - Small Business (Detail) - Retail [member] - Small business [member] - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 178	$ 143	$ 177	$ 140
Provision for credit losses
Originations	8	8	17	17
Maturities	(11)	(8)	(23)	(17)
Changes in risk, parameters and exposures	8	1	14	9
Write-offs	(9)	(7)	(15)	(14)
Recoveries	3	2	5	4
Exchange rate and other	2	50	4	50
Balance at end of period	179	189	179	189
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	87	74	88	78
Provision for credit losses
Transfers to Stage 1	4	26	9	39
Transfers to Stage 2	(6)	(5)	(8)	(6)
Originations	8	8	17	17
Maturities	(6)	(5)	(11)	(11)
Changes in risk, parameters and exposures	(13)	(39)	(23)	(59)
Exchange rate and other	3	22	5	23
Balance at end of period	77	81	77	81
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	56	33	55	29
Provision for credit losses
Transfers to Stage 1	(4)	(26)	(9)	(39)
Transfers to Stage 2	6	5	8	6
Transfers to Stage 3	(1)		(2)	(1)
Maturities	(5)	(3)	(12)	(6)
Changes in risk, parameters and exposures	13	32	24	52
Exchange rate and other	1	30	2	30
Balance at end of period	66	71	66	71
Impaired Stage three [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	35	36	34	33
Provision for credit losses
Transfers to Stage 3	1		2	1
Changes in risk, parameters and exposures	8	8	13	16
Write-offs	(9)	(7)	(15)	(14)
Recoveries	3	2	5	4
Exchange rate and other	(2)	(2)	(3)	(3)
Balance at end of period	$ 36	$ 37	$ 36	$ 37

Loans and Allowance for Credi_8

Loans and Allowance for Credit Losses - Reconciliation of Allowance for Credit Losses - Wholesale (Detail) - Wholesale [member] - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 1,811	$ 2,622	$ 1,797	$ 2,795
Provision for credit losses
Originations	127	153	283	360
Maturities	(176)	(268)	(389)	(572)
Changes in risk, parameters and exposures	(197)	(28)	(128)	58
Write-offs	(26)	(51)	(49)	(149)
Recoveries	11	15	28	27
Exchange rate and other	(9)	(132)	(1)	(208)
Balance at end of period	1,541	2,311	1,541	2,311
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	580	895	566	995
Provision for credit losses
Transfers to Stage 1	160	126	268	255
Transfers to Stage 2	(23)	(40)	(41)	(87)
Transfers to Stage 3	(1)	(1)	(2)	(2)
Originations	127	153	283	360
Maturities	(92)	(133)	(198)	(298)
Changes in risk, parameters and exposures	(267)	(194)	(396)	(401)
Exchange rate and other	(1)	(42)	3	(58)
Balance at end of period	483	764	483	764
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	765	1,145	794	1,132
Provision for credit losses
Transfers to Stage 1	(158)	(123)	(265)	(252)
Transfers to Stage 2	23	52	41	113
Transfers to Stage 3	(23)	(22)	(27)	(37)
Maturities	(84)	(135)	(191)	(274)
Changes in risk, parameters and exposures	64	163	224	420
Exchange rate and other	3	(56)	14	(78)
Balance at end of period	590	1,024	590	1,024
Impaired Stage three [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	466	582	437	668
Provision for credit losses
Transfers to Stage 1	(2)	(3)	(3)	(3)
Transfers to Stage 2		(12)		(26)
Transfers to Stage 3	24	23	29	39
Changes in risk, parameters and exposures	6	3	44	39
Write-offs	(26)	(51)	(49)	(149)
Recoveries	11	15	28	27
Exchange rate and other	(11)	(34)	(18)	(72)
Balance at end of period	$ 468	$ 523	$ 468	$ 523

Loans and Allowance for Credi_9

Loans and Allowance for Credit Losses, Key Inputs and Assumptions - Additional Information (Detail) - $ / Perbarrel	3 Months Ended	6 Months Ended	12 Months Ended			48 Months Ended			60 Months Ended
	Dec. 31, 2022	Apr. 30, 2022	Apr. 30, 2023	Jan. 31, 2023	Oct. 31, 2022	Apr. 30, 2027	Jan. 31, 2027	Oct. 31, 2026	Jan. 31, 2027
Oil price (West Texas Intermediate) average price [member] | Alternative Downside Scenario [Member] | Next Twelve Months [member]
Statement [Line Items]
Average value macroeconomic drivers oil price per barrel			30
Oil price (West Texas Intermediate) average price [member] | Alternative Downside Scenario [Member] | Next Two To Five Years [member]
Statement [Line Items]
Average value macroeconomic drivers oil price per barrel						43
Oil price (West Texas Intermediate) average price [member] | Base Scenario [member] | Next Twelve Months [member]
Statement [Line Items]
Average value macroeconomic drivers oil price per barrel			94	76	71
Oil price (West Texas Intermediate) average price [member] | Base Scenario [member] | Next Two To Five Years [member]
Statement [Line Items]
Average value macroeconomic drivers oil price per barrel						75	58	56
Oil price (West Texas Intermediate) average price [member] | Upside Scenario [member] | Next Twelve Months [member]
Statement [Line Items]
Average value macroeconomic drivers oil price per barrel			120
Oil price (West Texas Intermediate) average price [member] | Upside Scenario [member] | Next Two To Five Years [member]
Statement [Line Items]
Average value macroeconomic drivers oil price per barrel						80
Canadian unemployment rate [member] | Quarterly Average [Member]
Statement [Line Items]
Average value macroeconomic drivers percentage		5.40%
US unemployment rate [member] | Quarterly Average [Member]
Statement [Line Items]
Average value macroeconomic drivers percentage		3.80%
U.S. GDP growth rate [member] | Above Q4 2021 Level [member]
Statement [Line Items]
Average value macroeconomic drivers percentage	2.30%
Canada GDP growth rate [member] | Above Q4 2021 Level [member]
Statement [Line Items]
Average value macroeconomic drivers percentage	3.80%
Canadian housing price index [member] | Alternative Downside Scenario [Member] | Next Two To Five Years [member]
Statement [Line Items]
Average value macroeconomic drivers percentage						4.20%
Canadian housing price index [member] | Base Scenario [member] | Next Twelve Months [member]
Statement [Line Items]
Average value macroeconomic drivers percentage			(3.60%)	0.50%	0.10%
Canadian housing price index [member] | Base Scenario [member] | Next Two To Five Years [member]
Statement [Line Items]
Average value macroeconomic drivers percentage						4.30%		4.10%	4.20%
Canadian housing price index [member] | Upside Scenario [member] | Next Two To Five Years [member]
Statement [Line Items]
Average value macroeconomic drivers percentage			10.90%			9.50%
Canadian housing price index growth (contraction) rate [member] | Alternative Downside Scenario [Member] | Next Twelve Months [member]
Statement [Line Items]
Average value macroeconomic drivers percentage			(30.00%)

Loans and Allowance for Cred_10

Loans and Allowance for Credit Losses - Summary of Gross Carrying Amount of Loans Measured at Amortized Cost - Residential Mortgage (Detail) - Residential mortgages [member] - Retail loans [member] - CAD ($) $ in Millions	Apr. 30, 2022	Oct. 31, 2021
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 398,072	$ 380,091
Items not subject to impairment	298	241
Gross carrying amount of financial assets	398,370	380,332
Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	328,452	311,841
Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	16,138	17,203
High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	3,801	3,977
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	49,093	46,425
Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	588	645
Stage one loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	388,531	374,341
Stage one loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	325,157	310,334
Stage one loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	14,173	15,152
Stage one loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,090	3,343
Stage one loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	48,111	45,512
Stage two loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	8,953	5,105
Stage two loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	3,295	1,507
Stage two loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,965	2,051
Stage two loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	2,711	634
Stage two loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	982	913
Stage three loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	588	645
Stage three loan [member] | Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 588	$ 645

Loans and Allowance for Cred_11

Loans and Allowance for Credit Losses - Summary of Gross Carrying Amount of Loans Measured at Amortized Cost - Personal (Detail) - Personal [member] - Retail loans [member] - CAD ($) $ in Millions	Apr. 30, 2022	Oct. 31, 2021
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 96,068	$ 93,441
Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	75,130	72,965
Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	9,290	9,525
High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,739	1,732
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	9,706	9,022
Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	203	197
Stage one loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	89,164	86,862
Stage one loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	73,935	72,267
Stage one loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	5,265	4,974
Stage one loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	354	687
Stage one loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	9,610	8,934
Stage two loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	6,701	6,382
Stage two loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,195	698
Stage two loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	4,025	4,551
Stage two loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,385	1,045
Stage two loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	96	88
Stage three loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	203	197
Stage three loan [member] | Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 203	$ 197

Loans and Allowance for Cred_12

Loans and Allowance for Credit Losses - Summary of Gross Carrying Amount of Loans Measured at Amortized Cost - Credit Cards (Detail) - Credit cards [member] - Retail loans [member] - CAD ($) $ in Millions	Apr. 30, 2022	Oct. 31, 2021
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 18,668	$ 17,822
Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	13,673	12,888
Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	3,172	3,291
High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,153	1,073
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	670	570
Stage one loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	15,933	15,173
Stage one loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	13,639	12,864
Stage one loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,648	1,646
Stage one loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	49	136
Stage one loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	597	527
Stage two loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	2,735	2,649
Stage two loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	34	24
Stage two loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,524	1,645
Stage two loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,104	937
Stage two loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 73	$ 43

Loans and Allowance for Cred_13

Loans and Allowance for Credit Losses - Summary of Gross Carrying Amount of Loans Measured at Amortized Cost - Small Business (Detail) - Small business [member] - Retail loans [member] - CAD ($) $ in Millions	Apr. 30, 2022	Oct. 31, 2021
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 12,077	$ 12,003
Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	8,989	8,883
Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	2,526	2,562
High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	447	445
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	5	4
Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	110	109
Stage one loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	10,279	10,423
Stage one loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	8,657	8,609
Stage one loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,486	1,583
Stage one loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	131	227
Stage one loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	5	4
Stage two loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,688	1,471
Stage two loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	332	274
Stage two loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,040	979
Stage two loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	316	218
Stage three loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	110	109
Stage three loan [member] | Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 110	$ 109

Loans and Allowance for Cred_14

Loans and Allowance for Credit Losses - Summary of Gross Carrying Amount of Loans Measured at Amortized Cost - Undrawn Loan Commitments Retail (Detail) - Undrawn loan commitments - retail [member] - Retail loans [member] - CAD ($) $ in Millions	Apr. 30, 2022	Oct. 31, 2021
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 256,397	$ 245,944
Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	241,194	230,090
Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	8,714	9,608
High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,248	1,302
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	5,241	4,944
Stage one exposure [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	254,694	245,050
Stage one exposure [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	240,043	229,516
Stage one exposure [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	8,552	9,475
Stage one exposure [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	942	1,205
Stage one exposure [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	5,157	4,854
Stage two exposure [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,703	894
Stage two exposure [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,151	574
Stage two exposure [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	162	133
Stage two exposure [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	306	97
Stage two exposure [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 84	$ 90

Loans and Allowance for Cred_15

Loans and Allowance for Credit Losses - Summary of Gross Carrying Amount of Loans Measured at Amortized Cost - Wholesale (Detail) - Wholesale [member] - Loans outstanding [member] - CAD ($) $ in Millions	Apr. 30, 2022	Oct. 31, 2021
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 241,431	$ 206,869
Items not subject to impairment	11,416	11,197
Gross carrying amount of financial assets	252,847	218,066
Investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	78,142	63,201
Non investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	150,825	132,542
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	11,228	9,769
Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,236	1,357
Stage one loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	225,536	189,710
Stage one loan [member] | Investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	77,597	62,975
Stage one loan [member] | Non investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	137,064	117,396
Stage one loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	10,875	9,339
Stage two loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	14,659	15,802
Stage two loan [member] | Investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	545	226
Stage two loan [member] | Non investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	13,761	15,146
Stage two loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	353	430
Stage three loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,236	1,357
Stage three loan [member] | Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 1,236	$ 1,357

Loans and Allowance for Cred_16

Loans and Allowance for Credit Losses - Summary of Gross Carrying Amount of Loans Measured at Amortized Cost - Undrawn Loan Commitments Wholesale (Detail) - Wholesale [member] - Undrawn loan commitments [member] - CAD ($) $ in Millions	Apr. 30, 2022	Oct. 31, 2021
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 390,042	$ 371,578
Investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	260,876	247,661
Non investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	125,577	120,440
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	3,589	3,477
Stage one exposure [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	378,763	358,078
Stage one exposure [member] | Investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	260,284	246,539
Stage one exposure [member] | Non investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	114,890	108,063
Stage one exposure [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	3,589	3,476
Stage two exposure [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	11,279	13,500
Stage two exposure [member] | Investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	592	1,122
Stage two exposure [member] | Non investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 10,687	12,377
Stage two exposure [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment		$ 1

Loans and Allowance for Cred_17

Loans and Allowance for Credit Losses - Disclosure of Loans Past Due But Not Impaired (Detail) - CAD ($) $ in Millions	Apr. 30, 2022	Oct. 31, 2021
Disclosure of loans that are either past due or impaired [line items]
Loans past due but not impaired	$ 2,598	$ 2,472
Retail [member]
Disclosure of loans that are either past due or impaired [line items]
Loans past due but not impaired	1,091	1,242
Wholesale [member]
Disclosure of loans that are either past due or impaired [line items]
Loans past due but not impaired	1,507	1,230
30 to 89 days [member]
Disclosure of loans that are either past due or impaired [line items]
Loans past due but not impaired	2,418	2,335
30 to 89 days [member] | Retail [member]
Disclosure of loans that are either past due or impaired [line items]
Loans past due but not impaired	929	1,105
30 to 89 days [member] | Wholesale [member]
Disclosure of loans that are either past due or impaired [line items]
Loans past due but not impaired	1,489	1,230
90 Days and Greater [member]
Disclosure of loans that are either past due or impaired [line items]
Loans past due but not impaired	180	137
90 Days and Greater [member] | Retail [member]
Disclosure of loans that are either past due or impaired [line items]
Loans past due but not impaired	162	$ 137
90 Days and Greater [member] | Wholesale [member]
Disclosure of loans that are either past due or impaired [line items]
Loans past due but not impaired	$ 18

Significant acquisition - Addit

Significant acquisition - Additional Information (Detail) - Mar. 31, 2022 - Brewin Dolphin [member] £ / shares in Units, £ in Billions, $ in Billions	GBP (£)£ / shares	CAD ($)
Statement [Line Items]
Consideration transferred, acquisition-date fair value	£ 1.6	$ 2.6
Pence per share	£ 515

Deposits - Summary of Deposit L

Deposits - Summary of Deposit Liabilities (Detail) - CAD ($) $ in Millions	Apr. 30, 2022	Oct. 31, 2021
Disclosure of deposits [line items]
Demand	$ 583,977	$ 576,062
Notice	86,498	85,862
Term	481,122	438,907
Total deposits	1,151,597	1,100,831
Deposits - Personal [member]
Disclosure of deposits [line items]
Demand	215,310	207,493
Notice	67,988	64,613
Term	99,583	90,382
Total deposits	382,881	362,488
Deposits - Business and government [member]
Disclosure of deposits [line items]
Demand	357,482	356,020
Notice	18,288	20,800
Term	349,208	319,533
Total deposits	724,978	696,353
Deposits - Bank [member]
Disclosure of deposits [line items]
Demand	11,185	12,549
Notice	222	449
Term	32,331	28,992
Total deposits	43,738	41,990
Deposits - Personal, Business and government, and Bank [member]
Disclosure of deposits [line items]
Demand	583,977	576,062
Notice	86,498	85,862
Term	481,122	438,907
Total deposits	1,151,597	1,100,831
Canada [member] | Non-interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	160,319	151,475
Notice	8,338	8,051
Term	461	713
Total deposits	169,118	160,239
Canada [member] | Interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	315,156	315,464
Notice	20,362	19,857
Term	336,744	312,987
Total deposits	672,262	648,308
United States [member] | Non-interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	56,437	54,021
Total deposits	56,437	54,021
United States [member] | Interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	7,396	6,978
Notice	57,277	57,260
Term	87,043	77,597
Total deposits	151,716	141,835
Europe [member] | Non-interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	424	632
Total deposits	424	632
Europe [member] | Interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	30,127	34,278
Notice	521	693
Term	43,604	36,788
Total deposits	74,252	71,759
Other International [member] | Non-interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	8,837	8,002
Total deposits	8,837	8,002
Other International [member] | Interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	5,281	5,212
Notice		1
Term	13,270	10,822
Total deposits	$ 18,551	$ 16,035

Deposits - Summary of Deposit_2

Deposits - Summary of Deposit Liabilities (Parenthetical) (Detail) - CAD ($) $ in Millions	Apr. 30, 2022	Oct. 31, 2021
Disclosure of deposits [line items]
Total deposits	$ 1,151,597	$ 1,100,831
U.S. dollars [member]
Disclosure of deposits [line items]
Total deposits	433,000	399,000
British pounds [member]
Disclosure of deposits [line items]
Total deposits	32,000	35,000
Euro [member]
Disclosure of deposits [line items]
Total deposits	48,000	43,000
Other currencies [member]
Disclosure of deposits [line items]
Total deposits	$ 27,000	$ 27,000

Deposits - Summary of Contractu

Deposits - Summary of Contractual Maturities of Term Deposit Liabilities (Detail) - CAD ($) $ in Millions	Apr. 30, 2022	Oct. 31, 2021
Disclosure of deposits [line items]
Term deposit liabilities	$ 481,122	$ 438,907
Aggregate amount of term deposits in denominations of one hundred thousand dollars or more	451,000	416,000
Less than 3 months [member]
Disclosure of deposits [line items]
Term deposit liabilities	148,687	133,776
3 to 6 months [member]
Disclosure of deposits [line items]
Term deposit liabilities	59,436	64,062
6 to 12 months [member]
Disclosure of deposits [line items]
Term deposit liabilities	103,038	83,871
1 to 2 years [member]
Disclosure of deposits [line items]
Term deposit liabilities	45,096	45,532
2 to 3 years [member]
Disclosure of deposits [line items]
Term deposit liabilities	38,498	29,204
3 to 4 years [member]
Disclosure of deposits [line items]
Term deposit liabilities	23,629	24,573
4 to 5 years [member]
Disclosure of deposits [line items]
Term deposit liabilities	32,385	25,329
Over 5 years [member]
Disclosure of deposits [line items]
Term deposit liabilities	$ 30,353	$ 32,560

Employee benefits - Pension a_3

Employee benefits - Pension and other post-employment benefits - Summary of Composition of Pension and Other Post-employment Benefit Expense (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Disclosure of pension and other post employment plan [Line Items]
Total pension and other post-employment benefit expense	$ 4,002	$ 4,152	$ 8,287	$ 8,440
Defined benefit pension plans [member] | Pension Expense [Member]
Disclosure of pension and other post employment plan [Line Items]
Current service costs	78	90	155	180
Past service costs	(1)		(1)
Net interest expense (income)	(21)	2	(42)	4
Administrative expense	4	3	7	6
Defined benefit pension expense	60	95	119	190
Defined contribution pension plans [Member] | Pension Expense [Member]
Disclosure of pension and other post employment plan [Line Items]
Defined contribution pension expense	56	57	130	123
Defined benefit and contribution pension plans [member] | Pension Expense [Member]
Disclosure of pension and other post employment plan [Line Items]
Total pension and other post-employment benefit expense	116	152	249	313
Other post employment benefit [member] | Other post employment benefit expense [Member]
Disclosure of pension and other post employment plan [Line Items]
Current service costs	7	11	17	22
Past service costs			2
Net interest expense (income)	15	14	31	28
Remeasurements of other long term benefits	(14)	(11)	(13)	(10)
Defined benefit pension expense	8	14	37	40
Total pension and other post-employment benefit expense	$ 8	$ 14	$ 37	$ 40

Employee benefits - Pension a_4

Employee benefits - Pension and other post-employment benefits - Summary of Composition of Remeasurements Recorded in OCI (Detail) - Remeasurements of Employee Benefit Plans to OCI [member] - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Defined benefit pension plans [member]
Actuarial (gains) losses:
Changes in financial assumptions	$ (2,337)	$ (1,380)	$ (2,998)	$ (1,392)
Experience adjustments	1		1
Return on plan assets (excluding interest based on discount rate)	1,525	227	1,843	(797)
Total remeasurements of employee benefit plans	(811)	(1,153)	(1,154)	(2,189)
Other post employment benefit [member]
Actuarial (gains) losses:
Changes in financial assumptions	(218)	(113)	(258)	(135)
Experience adjustments	(3)	(3)	(3)	(3)
Total remeasurements of employee benefit plans	$ (221)	$ (116)	$ (261)	$ (138)

Income taxes - Additional Infor

Income taxes - Additional Information (Detail) - CAD ($) $ in Millions	Apr. 07, 2022	Apr. 30, 2022
Additional details on Income taxes [line items]
Taxable Income	$ 100
Increase in the corporate income tax rate percentage	1.50%
2022 tax year [member]
Additional details on Income taxes [line items]
One time income tax rate percentage	15.00%
Threshold limit of taxable income beyond which one time time tax is applicable	$ 1,000
Duration over which the one time tax shall be paid	5 years
2017 taxation year [member]
Additional details on Income taxes [line items]
Tax examinations and assessments amount		$ 237

Significant capital and fundi_3

Significant capital and funding transactions - Additional Information (Detail) - CAD ($) $ / shares in Units, $ in Millions	Feb. 24, 2022	Jan. 25, 2022	Nov. 05, 2021	Apr. 30, 2022	Apr. 30, 2021
Disclosure of Significant Capital and Funding Transactions [Line Items]
Proceeds from issue of preference shares				$ 749	$ 1,247
First Preferred Shares Series BT [Member]
Disclosure of Significant Capital and Funding Transactions [Line Items]
Preference shares percentage of premium			2.71%
Preference Shares Yield Adjustment			5-year Government of Canada bond yield plus a premium of 2.71%
Preferred shares per share issue price			$ 1,000
Term of preferred shares			5 years
Number of shares issued			750,000
Proceeds from issue of preference shares			$ 750
Preferred shares initial period annual yield			4.20%
Series BJ Non-Cumulative First Preference Shares [Member]
Disclosure of Significant Capital and Funding Transactions [Line Items]
Number of shares redeemed	6,000,000
Redemption price per share	$ 25.75
Subordinated debentures [member]
Disclosure of Significant Capital and Funding Transactions [Line Items]
Interest rate		2.94%
Earliest par value redemption date		May 3, 2027
Proceeds from issuance of subordinated debentures		$ 1,000
Borrowings adjustment to interest rate basis		0.76%
Borrowings, interest rate basis		three-month Canadian Dollar Offered Rate plus 0.76%
Maturity		May 3, 2032
Subordinated debentures issuance date		Jan. 25, 2022

Significant capital and fundi_4

Significant capital and funding transactions - Summary of Common Shares Issued (Detail) - CAD ($) shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Disclosure of classes of share capital [line items]
Issued in connection with share-based compensation plans		$ (2)	$ 2	$ (4)
Purchased for cancellation	$ (1,892)		$ (3,106)
Common shares [member]
Disclosure of classes of share capital [line items]
Issued in connection with share-based compensation plans, shares	105	324	512	820
Purchased for cancellation, shares	(13,700)		(22,571)
Increase (decrease) in number of ordinary shares issued, shares	(13,595)	324	(22,059)	820
Issued in connection with share-based compensation plans	$ 8	$ 25	$ 42	$ 61
Purchased for cancellation	(171)		(282)
Increase (decrease) in equity	$ (163)	$ 25	$ (240)	$ 61

Significant capital and fundi_5

Significant capital and funding transactions - Summary of Common Shares Issued (Parenthetical) (Detail) - CAD ($) $ / shares in Units, $ in Millions	3 Months Ended	6 Months Ended
	Apr. 30, 2022	Apr. 30, 2022
Disclosure of classes of share capital [line items]
Book value of shares purchased for cancellation	$ 1,892	$ 3,106
Common shares [member]
Disclosure of classes of share capital [line items]
Fair value of shares purchased for cancellation	1,892	3,106
Book value of shares purchased for cancellation	$ 171	$ 282
Average cost of shares purchased for cancellation	$ 138.04	$ 137.57
Average book value of shares purchased for cancellation	$ 12.46	$ 12.46

Earnings per share - Summary of

Earnings per share - Summary of Earnings Per Share (Detail) - CAD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Basic earnings per share
Net income	$ 4,253	$ 4,015	$ 8,348	$ 7,862
Dividends on preferred shares and distributions on other equity instruments	(69)	(77)	(124)	(136)
Net income attributable to non-controlling interests	(3)	(1)	(5)	(3)
Net income available to common shareholders	$ 4,182	$ 3,938	$ 8,221	$ 7,725
Weighted average number of common shares (in thousands)	1,409,702	1,424,889	1,415,855	1,424,107
Basic earnings per share (in dollars)	$ 2.97	$ 2.76	$ 5.81	$ 5.42
Diluted earnings per share
Net income available to common shareholders	$ 4,182	$ 3,938	$ 8,221	$ 7,725
Weighted average number of common shares (in thousands)	1,409,702	1,424,889	1,415,855	1,424,107
Stock options	2,247	1,533	2,219	1,362
Issuable under other share-based compensation plans	603	685	602	714
Average number of diluted common shares (in thousands)	1,412,552	1,427,107	1,418,676	1,426,183
Diluted earnings per share (in dollars)	$ 2.96	$ 2.76	$ 5.8	$ 5.42
Equity attributable to shareholders [member]
Basic earnings per share
Net income	$ 4,250	$ 4,014	$ 8,343	$ 7,859
Dividends on preferred shares and distributions on other equity instruments	$ (68)	$ (76)	$ (122)	$ (134)

Earnings per share - Summary _2

Earnings per share - Summary of Earnings Per Share (Parenthetical) (Detail) - shares	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021
Dilutive potential shares from stock options [Member]
Earnings per share [line items]
Outstanding options excluded from calculation of diluted earnings per share	0	0	0	0

Results by Business Segment - D

Results by Business Segment - Detailed Report of Segments (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Apr. 30, 2021	Apr. 30, 2022	Apr. 30, 2021	Oct. 31, 2021
Disclosure of operating segments [line items]
Net interest income	$ 5,274	$ 4,854	$ 10,545	$ 9,889
Non-interest income	5,946	6,764	13,741	14,672
Total revenue	11,220	11,618	24,286	24,561
Provision for credit losses	(342)	(96)	(237)	14
Insurance policyholder benefits, claims and acquisition expense	(180)	149	817	1,555
Non-interest expense	6,434	6,379	13,014	12,921
Net income (loss) before income taxes	5,308	5,186	10,692	10,071
Income taxes (recoveries)	1,055	1,171	2,344	2,209
Net income	4,253	4,015	8,348	7,862
Non-interest expense includes:
Depreciation and amortization	650	636	1,300	1,269
Total assets	1,848,572		1,848,572		$ 1,706,323
Total liabilities	1,744,167		1,744,167		1,607,561
Operating segments [member] | Personal & Commercial Banking [member]
Disclosure of operating segments [line items]
Net interest income	3,234	3,085	6,463	6,246
Non-interest income	1,505	1,442	3,079	2,844
Total revenue	4,739	4,527	9,542	9,090
Provision for credit losses	(276)	35	(147)	200
Non-interest expense	2,015	1,915	4,037	3,893
Net income (loss) before income taxes	3,000	2,577	5,652	4,997
Income taxes (recoveries)	766	669	1,444	1,296
Net income	2,234	1,908	4,208	3,701
Non-interest expense includes:
Depreciation and amortization	232	229	465	453
Total assets	574,412		574,412		549,702
Total liabilities	574,328		574,328		549,619
Operating segments [member] | Wealth Management [member]
Disclosure of operating segments [line items]
Net interest income	780	666	1,525	1,332
Non-interest income	2,825	2,594	5,693	5,147
Total revenue	3,605	3,260	7,218	6,479
Provision for credit losses	(30)	(2)	(42)	(31)
Non-interest expense	2,644	2,371	5,225	4,777
Net income (loss) before income taxes	991	891	2,035	1,733
Income taxes (recoveries)	241	208	490	409
Net income	750	683	1,545	1,324
Non-interest expense includes:
Depreciation and amortization	228	218	456	438
Total assets	155,948		155,948		148,990
Total liabilities	156,198		156,198		149,096
Operating segments [member] | Insurance [member]
Disclosure of operating segments [line items]
Non-interest income	234	536	1,633	2,345
Total revenue	234	536	1,633	2,345
Insurance policyholder benefits, claims and acquisition expense	(180)	149	817	1,555
Non-interest expense	145	140	292	289
Net income (loss) before income taxes	269	247	524	501
Income taxes (recoveries)	63	60	121	113
Net income	206	187	403	388
Non-interest expense includes:
Depreciation and amortization	14	15	29	29
Total assets	21,932		21,932		22,724
Total liabilities	22,466		22,466		22,966
Operating segments [member] | Investor & Treasury Services [member]
Disclosure of operating segments [line items]
Net interest income	148	87	311	178
Non-interest income	403	447	827	921
Total revenue	551	534	1,138	1,099
Provision for credit losses		(2)		(4)
Non-interest expense	398	375	818	776
Net income (loss) before income taxes	153	161	320	327
Income taxes (recoveries)	32	41	81	84
Net income	121	120	239	243
Non-interest expense includes:
Depreciation and amortization	50	47	99	96
Total assets	255,046		255,046		240,055
Total liabilities	254,929		254,929		239,960
Operating segments [member] | Capital Markets [member]
Disclosure of operating segments [line items]
Net interest income	1,181	1,121	2,422	2,320
Non-interest income	1,167	1,597	2,736	3,106
Total revenue	2,348	2,718	5,158	5,426
Provision for credit losses	(37)	(127)	(49)	(150)
Non-interest expense	1,350	1,468	2,822	2,909
Net income (loss) before income taxes	1,035	1,377	2,385	2,667
Income taxes (recoveries)	240	306	560	529
Net income	795	1,071	1,825	2,138
Non-interest expense includes:
Depreciation and amortization	124	126	247	251
Total assets	783,628		783,628		692,278
Total liabilities	782,934		782,934		691,767
Unallocated amounts [member]
Disclosure of operating segments [line items]
Net interest income	(69)	(105)	(176)	(187)
Non-interest income	(188)	148	(227)	309
Total revenue	(257)	43	(403)	122
Provision for credit losses	1		1	(1)
Non-interest expense	(118)	110	(180)	277
Net income (loss) before income taxes	(140)	(67)	(224)	(154)
Income taxes (recoveries)	(287)	(113)	(352)	(222)
Net income	147	46	128	68
Non-interest expense includes:
Depreciation and amortization	2	$ 1	4	$ 2
Total assets	57,606		57,606		52,574
Total liabilities	$ (46,688)		$ (46,688)		$ (45,847)

Capital management - Summary of

Capital management - Summary of Regulatory Capital and Capital Ratios (Detail) - CAD ($) $ in Millions	Apr. 30, 2022	Oct. 31, 2021
Capital
CET1 capital	$ 77,069	$ 75,583
Tier 1 capital	84,345	82,246
Total capital	93,871	92,026
Risk-weighted assets (RWA) used in calculation of capital ratios
Credit risk	472,516	444,142
Market risk	37,851	34,806
Operational risk	75,472	73,593
Total RWA	$ 585,839	$ 552,541
Capital ratios and Leverage ratio
CET1 ratio	13.20%	13.70%
Tier 1 capital ratio	14.40%	14.90%
Total capital ratio	16.00%	16.70%
Leverage ratio	4.70%	4.90%
Leverage ratio exposure (billions)	$ 1,812	$ 1,662
TLAC available and ratios
TLAC available	$ 158,140
TLAC ratio	27.00%
TLAC leverage ratio	8.70%