Royal Bank of Canada (RY) 6-K 24 Aug 22 2022 Q3 Current report (foreign) Financial data

Cover Page

Cover Page	9 Months Ended
	Jul. 31, 2022
Cover [Abstract]
Document Type	6-K
Amendment Flag	false
Document Period End Date	Jul. 31, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
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		Jul. 31, 2022	Oct. 31, 2021
Assets
Cash and due from banks	[1]	$ 89,110	$ 113,846
Interest-bearing deposits with banks		98,145	79,638
Securities
Trading		141,986	139,240
Investment, net of applicable allowance (Note 4)		156,809	145,484
Securities		298,795	284,724
Assets purchased under reverse repurchase agreements and securities borrowed		318,565	307,903
Loans (Note 5)
Retail		538,389	503,598
Wholesale		261,592	218,066
Loans		799,981	721,664
Allowance for loan losses (Note 5)		(3,667)	(4,089)
Loans, net		796,314	717,575
Segregated fund net assets		2,690	2,666
Other
Customers' liability under acceptances		17,360	19,798
Derivatives		122,058	95,541
Premises and equipment		7,142	7,424
Goodwill		10,933	10,854
Other intangibles		4,383	4,471
Other assets		76,597	61,883
Total other assets		238,473	199,971
Total assets		1,842,092	1,706,323
Deposits (Note 7)
Personal		392,267	362,488
Business and government		739,467	696,353
Bank		46,870	41,990
Total deposits		1,178,604	1,100,831
Segregated fund net liabilities		2,690	2,666
Other
Acceptances		17,390	19,873
Obligations related to securities sold short		38,504	37,841
Obligations related to assets sold under repurchase agreements and securities loaned		281,149	262,201
Derivatives		119,868	91,439
Insurance claims and policy benefit liabilities		12,033	12,816
Other liabilities		77,745	70,301
Total other liabilities		546,689	494,471
Subordinated debentures (Note 10)		10,111	9,593
Total liabilities		1,738,094	1,607,561
Equity attributable to shareholders
Retained earnings		76,466	71,795
Other components of equity		3,012	2,533
Total equity attributable to shareholders		103,898	98,667
Non-controlling interests		100	95
Total equity		103,998	98,762
Total liabilities and equity		1,842,092	1,706,323
Preferred shares and other equity instruments [member]
Equity attributable to shareholders
Issued capital (Note 10)		7,328	6,684
Common shares [member]
Equity attributable to shareholders
Issued capital (Note 10)		$ 17,092	$ 17,655
[1]We are required to maintain balances with central banks and other regulatory authorities. The total balances were $2 billion as at July 31, 2022 (April 30, 2022 – $2 billion; October 31, 2021 – $2 billion; July 31, 2021 – $2 billion; October 31, 2020 – $3 billion).

Interim Condensed Consolidate_2

Interim Condensed Consolidated Statements of Income (unaudited) - CAD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Interest and dividend income (Note 3)
Loans	$ 6,761	$ 5,439	$ 18,025	$ 16,242
Securities	1,822	1,184	4,597	3,677
Assets purchased under reverse repurchase agreements and securities borrowed	1,601	291	2,506	1,002
Deposits and other	553	83	745	210
Interest and dividend income	10,737	6,997	25,873	21,131
Interest expense (Note 3)
Deposits and other	2,786	1,278	5,554	4,178
Other liabilities	1,984	625	3,707	1,875
Subordinated debentures	77	42	177	137
Interest expense	4,847	1,945	9,438	6,190
Net interest income	5,890	5,052	16,435	14,941
Non-interest income
Insurance premiums, investment and fee income	1,233	1,754	2,866	4,099
Trading revenue	(128)	179	475	1,080
Investment management and custodial fees	1,857	1,830	5,710	5,244
Mutual fund revenue	1,028	1,095	3,279	3,109
Securities brokerage commissions	344	356	1,132	1,188
Service charges	499	465	1,464	1,383
Underwriting and other advisory fees	369	700	1,577	2,037
Foreign exchange revenue, other than trading	250	246	772	827
Card service revenue	314	278	893	831
Credit fees	301	412	1,175	1,112
Net gains on investment securities	28	8	66	125
Share of profit in joint ventures and associates	33	47	86	96
Other	114	334	488	1,245
Non-interest income	6,242	7,704	19,983	22,376
Total revenue	12,132	12,756	36,418	37,317
Provision for credit losses (Notes 4 and 5)	340	(540)	103	(526)
Insurance policyholder benefits, claims and acquisition expense	850	1,304	1,667	2,859
Non-interest expense
Human resources (Note 8)	3,858	4,111	12,145	12,551
Equipment	514	492	1,528	1,472
Occupancy	381	387	1,153	1,191
Communications	277	227	763	652
Professional fees	373	329	1,039	934
Amortization of other intangibles	342	320	1,015	957
Other	641	554	1,757	1,584
Non-interest expense	6,386	6,420	19,400	19,341
Income before income taxes	4,556	5,572	15,248	15,643
Income taxes	979	1,276	3,323	3,485
Net income	3,577	4,296	11,925	12,158
Net income attributable to:
Shareholders	3,575	4,292	11,918	12,151
Non-controlling interests	2	4	7	7
Net income	$ 3,577	$ 4,296	$ 11,925	$ 12,158
Basic earnings per share (in dollars) (Note 11)	$ 2.52	$ 2.97	$ 8.33	$ 8.4
Diluted earnings per share (in dollars) (Note 11)	2.51	2.97	8.31	8.39
Dividends per common share (in dollars)	$ 1.28	$ 1.08	$ 3.68	$ 3.24

Interim Condensed Consolidate_3

Interim Condensed Consolidated Statements of Comprehensive Income (unaudited) - CAD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Statement of comprehensive income [abstract]
Net income	$ 3,577	$ 4,296	$ 11,925	$ 12,158
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	(247)	70	(1,392)	360
Provision for credit losses recognized in income	(2)	(21)	(13)	(8)
Reclassification of net losses (gains) on debt securities and loans at fair value through other comprehensive income to income	(5)	(4)	(34)	(106)
Net change in unrealized gains (losses) on debt securities and loans at fair value through other comprehensive income	(254)	45	(1,439)	246
Foreign currency translation adjustments
Unrealized foreign currency translation gains (losses)	(459)	931	1,213	(3,703)
Net foreign currency translation gains (losses) from hedging activities	213	(367)	(157)	1,460
Reclassification of losses (gains) on foreign currency translation to income		2	(18)	(5)
Reclassification of losses (gains) on net investment hedging activities to income		(1)	17	(1)
Foreign currency translation adjustments	(246)	565	1,055	(2,249)
Net change in cash flow hedges
Net gains (losses) on derivatives designated as cash flow hedges	(296)	(190)	671	606
Reclassification of losses (gains) on derivatives designated as cash flow hedges to income	46	95	194	173
Net change in cash flow hedges	(250)	(95)	865	779
Items that will not be reclassified subsequently to income:
Remeasurements of employee benefit plans (Note 8)	(319)	76	729	1,795
Net fair value change due to credit risk on financial liabilities designated at fair value through profit or loss	324	24	1,357	(12)
Net gains (losses) on equity securities designated at fair value through other comprehensive income	10	(1)	53	(2)
Total items that will not be reclassified subsequently to income	15	99	2,139	1,781
Total other comprehensive income (loss), net of taxes	(735)	614	2,620	557
Total comprehensive income (loss)	2,842	4,910	14,545	12,715
Total comprehensive income attributable to:
Shareholders	2,841	4,904	14,536	12,714
Non-controlling interests	1	6	9	1
Total comprehensive income (loss)	2,842	4,910	14,545	12,715
Income taxes on other comprehensive income
Net unrealized gains (losses) on debt securities and loans at fair value through other comprehensive income	(20)	30	(388)	28
Provision for credit losses recognized in income		(7)	(2)	(1)
Reclassification of net losses (gains) on debt securities and loans at fair value through other comprehensive income to income	(3)	(2)	(7)	(25)
Unrealized foreign currency translation gains (losses)				2
Net foreign currency translation gains (losses) from hedging activities	75	(126)	(43)	494
Reclassification of losses (gains) on net investment hedging activities to income			6
Net gains (losses) on derivatives designated as cash flow hedges	(112)	(66)	251	217
Reclassification of losses (gains) on derivatives designated as cash flow hedges to income	17	34	70	62
Remeasurements of employee benefit plans	(115)	29	252	637
Net fair value change due to credit risk on financial liabilities designated at fair value through profit or loss	114	9	480	(4)
Net gains (losses) on equity securities designated at fair value through other comprehensive income	(7)	3	(8)	2
Total income tax expenses (recoveries)	$ (51)	$ (96)	$ 611	$ 1,412

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	2,330		2,250	85			(5)		2,330
Redemption of preferred shares and other equity instruments	(725)		(725)						(725)
Sales of treasury shares and other equity instruments	3,564				442	3,122			3,564
Purchases of treasury shares and other equity instruments	(3,546)				(496)	(3,050)			(3,546)
Share-based compensation awards	(4)	$ 85					(4)		(4)
Dividends on common shares	(4,618)						(4,618)		(4,618)
Dividends on preferred shares and distributions on other equity instruments	(192)						(189)		(189)	(3)
Other	19						29		29	(10)
Net income	12,158						12,151		12,151	7
Total other comprehensive income (loss), net of taxes	557						1,781	(1,218)	563	(6)	246	(2,243)	779
Balance at end of period at Jul. 31, 2021	96,310		7,473	17,713	(57)	(57)	68,951	2,196	96,219	91	107	2,389	(300)
Balance at beginning 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)
Changes in equity
Issues of share capital and other equity instruments	1,022		1,000	24			(2)		1,022
Redemption of preferred shares and other equity instruments	(725)		(725)						(725)
Sales of treasury shares and other equity instruments	1,423				243	1,180			1,423
Purchases of treasury shares and other equity instruments	(1,539)				(293)	(1,246)			(1,539)
Share-based compensation awards		24
Dividends on common shares	(1,539)						(1,539)		(1,539)
Dividends on preferred shares and distributions on other equity instruments	(56)						(55)		(55)	(1)
Other	(8)						(7)		(7)	(1)
Net income	4,296						4,292		4,292	4
Total other comprehensive income (loss), net of taxes	614						99	513	612	2	45	563	(95)
Balance at end of period at Jul. 31, 2021	96,310		7,473	17,713	(57)	(57)	68,951	2,196	96,219	91	107	2,389	(300)
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	799		750	50			(1)		799
Common shares purchased for cancellation	(4,444)	(411)		(411)			(4,033)		(4,444)
Redemption of preferred shares and other equity instruments	(155)		(150)				(5)		(155)
Sales of treasury shares and other equity instruments	4,390				502	3,888			4,390
Purchases of treasury shares and other equity instruments	(4,548)				(458)	(4,090)			(4,548)
Share-based compensation awards	2	50					2		2
Dividends on common shares	(5,172)						(5,172)		(5,172)
Dividends on preferred shares and distributions on other equity instruments	(184)						(180)		(180)	(4)
Other	3						3		3
Net income	11,925						11,918		11,918	7
Total other comprehensive income (loss), net of taxes	2,620						2,139	479	2,618	2	(1,439)	1,053	865
Balance at end of period at Jul. 31, 2022	103,998		7,323	17,367	5	(275)	76,466	3,012	103,898	100	(1,527)	3,108	1,431
Balance at beginning 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
Changes in equity
Issues of share capital and other equity instruments	8			8					8
Common shares purchased for cancellation	(1,338)	(129)		(129)			(1,209)		(1,338)
Sales of treasury shares and other equity instruments	1,375				194	1,181			1,375
Purchases of treasury shares and other equity instruments	(1,446)				(164)	(1,282)			(1,446)
Share-based compensation awards		$ 8
Dividends on common shares	(1,784)						(1,784)		(1,784)
Dividends on preferred shares and distributions on other equity instruments	(60)						(58)		(58)	(2)
Other	(4)						(4)		(4)
Net income	3,577						3,575		3,575	2
Total other comprehensive income (loss), net of taxes	(735)						15	(749)	(734)	(1)	(254)	(245)	(250)
Balance at end of period at Jul. 31, 2022	$ 103,998		$ 7,323	$ 17,367	$ 5	$ (275)	$ 76,466	$ 3,012	$ 103,898	$ 100	$ (1,527)	$ 3,108	$ 1,431

Interim Condensed Consolidate_5

Interim Condensed Consolidated Statements of Cash Flows (unaudited) - CAD ($) $ in Millions		3 Months Ended		9 Months Ended
		Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Cash flows from operating activities
Net income		$ 3,577	$ 4,296	$ 11,925	$ 12,158
Adjustments for non-cash items and others
Provision for credit losses		340	(540)	103	(526)
Depreciation		314	323	941	955
Deferred income taxes		(237)	31	408	817
Amortization and impairment of other intangibles		343	333	1,022	972
Net changes in investments in joint ventures and associates		(33)	(45)	(85)	(93)
Losses (Gains) on investment securities		(28)	(8)	(66)	(131)
Losses (Gains) on disposition of businesses		(11)		(100)	(26)
Adjustments for net changes in operating assets and liabilities
Insurance claims and policy benefit liabilities		(40)	387	(783)	281
Net change in accrued interest receivable and payable		(167)	(173)	(246)	(532)
Current income taxes		29	197	(3,061)	870
Derivative assets		34,146	(4,797)	(26,517)	11,455
Derivative liabilities		(31,673)	4,748	28,429	(12,777)
Trading securities		1,810	(8,161)	(2,716)	2,182
Loans, net of securitizations		(21,959)	(23,972)	(78,916)	(35,952)
Assets purchased under reverse repurchase agreements and securities borrowed		(1,867)	(11,865)	(10,662)	(6,881)
Obligations related to assets sold under repurchase agreements and securities loaned		1,811	14,116	18,948	(3,066)
Obligations related to securities sold short		(960)	2,943	663	5,475
Deposits, net of securitizations		26,954	51,555	78,323	72,923
Brokers and dealers receivable and payable		3,032	315	4,131	(383)
Other		(2,261)	(2,775)	550	3,445
Net cash from (used in) operating activities		13,120	26,908	22,291	51,166
Cash flows from investing activities
Change in interest-bearing deposits with banks		(29,316)	(16,951)	(18,507)	(41,369)
Proceeds from sales and maturities of investment securities		25,257	23,799	72,752	87,109
Purchases of investment securities		(30,653)	(30,930)	(86,876)	(92,695)
Net acquisitions of premises and equipment and other intangibles		(586)	(614)	(1,729)	(1,539)
Proceeds from (cash transferred for) dispositions		(408)		(313)	78
Net cash from (used in) investing activities		(35,706)	(24,696)	(34,673)	(48,416)
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		8	23	46	76
Common shares purchased for cancellation		(1,338)		(4,444)
Issue of preferred shares and other equity instruments, net of issuance costs			998	749	2,245
Redemption of preferred shares and other equity instruments			(725)	(155)	(725)
Sales of treasury shares and other equity instruments		1,375	1,423	4,390	3,564
Purchases of treasury shares and other equity instruments		(1,446)	(1,539)	(4,548)	(3,546)
Dividends paid on shares and distributions paid on other equity instruments		(1,754)	(1,616)	(5,118)	(4,826)
Dividends/distributions paid to non-controlling interests		(2)	(1)	(4)	(3)
Change in short-term borrowings of subsidiaries		128	(6)	129	(14)
Repayment of lease liabilities		(166)	(160)	(483)	(458)
Net cash from (used in) financing activities		(3,195)	(1,603)	(8,438)	(4,187)
Effect of exchange rate changes on cash and due from banks		(1,038)	491	(3,916)	(2,044)
Net change in cash and due from banks		(26,819)	1,100	(24,736)	(3,481)
Cash and due from banks at beginning of period	[1]	115,929	114,307	113,846	118,888
Cash and due from banks at end of period	[1]	89,110	115,407	89,110	115,407
Amount of interest paid		3,705	1,826	7,233	6,121
Amount of interest received		9,223	6,581	22,824	20,052
Amount of dividends received		746	582	2,291	1,933
Amount of income taxes paid		$ 1,130	$ 927	$ 6,466	$ 3,201
[1]We are required to maintain balances with central banks and other regulatory authorities. The total balances were $2 billion as at July 31, 2022 (April 30, 2022 – $2 billion; October 31, 2021 – $2 billion; July 31, 2021 – $2 billion; October 31, 2020 – $3 billion).

Interim Condensed Consolidate_6

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

General information

General information	9 Months Ended
	Jul. 31, 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 August 23, 2022, the Board of Directors authorized the Condensed Financial Statements for issue.

Summary of significant accounti

Summary of significant accounting policies, estimates and judgments	9 Months Ended
	Jul. 31, 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 On May 16, 2022, Refinitiv Benchmark Services (UK) Limited (RBSL), the administrator of the Canadian Dollar Offered Rate (CDOR), announced that the calculation and publication of all tenors of CDOR will permanently cease immediately following a final publication on June 28, 2024. The cessation announcement triggered fallback provisions related to our CDOR-linked products, including certain loans, bonds, and derivatives, and defined the dates of their transition to alternative benchmark rates. The fixed spreads to be used in the transition to the relevant alternative benchmark rate for each CDOR setting were also defined for certain of our CDOR-linked products as a result of the announcement. Progress in and risks arising from the transition to alternative benchmark interest rates Our transition from CDOR to alternative benchmark interest rates will be managed within our existing comprehensive enterprise-wide program and governance structure used as part of the ongoing interest rate benchmark reform. For further details related to our existing transition program, refer to Note 2 of our 2021 Annual Report. Hedging relationships impacted by interest rate benchmark reform The following table presents the notional amount of our hedging instruments which reference CDOR that will expire after June 28, 2024 as at November 1, 2021, which represent our opening balances for the annual period ending on October 31, 2022. Changes in our exposures during the period did not result in significant changes to the risks arising from transition since November 1, 2021. The notional amounts of our hedging instruments also approximates the extent of the risk exposure we manage through hedging relationships: As at November 1, 2021 (Millions of Canadian dollars) Notional amounts Interest rate contracts CDOR $ 76,931 Total return swaps CDOR 390 $ 77,321 Financial instruments referencing CDOR that have yet to transition to alternative benchmark interest rates The following tables show our significant exposures to financial instruments referencing CDOR that have yet to transition to alternative benchmark interest rates and are maturing after June 28, 2024 as at November 1, 2021, which represent our opening balances for the annual period ending on October 31, 2022. Changes in our exposures during the period did not result in significant changes to the risks arising from transition since November 1, 2021. In the normal course of business, our derivative notional amounts may fluctuate with minimal impact to our CDOR transition plans. As at November 1, 2021 (Millions of Canadian dollars) Non-derivative Non-derivative Derivative CDOR (3) $ 9,226 $ 14,797 $ 1,460,770 (1) Non-derivative assets represent the drawn outstanding balance of Loans and Customers’ liability under acceptances and the fair value of Securities. (2) Non-derivative liabilities represent Subordinated debentures, Deposits and Acceptances. (3) Includes our exposure to financial instruments referencing interest rates substantially similar to CDOR. The following table presents the undrawn balances of loan commitments referencing CDOR. (Millions of Canadian dollars) As at November 1, 2021 Authorized and committed undrawn commitments CDOR (1), (2) $ 15,644 (1) Includes our exposure to financial instruments referencing interest rates substantially similar to CDOR. (2) Undrawn commitments exclude amounts related to drawn outstanding balances, which in certain cases may include extension options.

Fair value of financial instrum

Fair value of financial instruments	9 Months Ended
	Jul. 31, 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 July 31, 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 with banks $ – $ 86,863 $ – $ – $ 11,282 $ 11,282 $ 98,145 $ 98,145 Securities Trading 131,696 10,290 – – – – 141,986 141,986 Investment, net of applicable allowance – – 82,069 536 74,204 70,565 156,809 153,170 131,696 10,290 82,069 536 74,204 70,565 298,795 295,156 Assets purchased under reverse repurchase 268,448 – – – 50,117 50,117 318,565 318,565 Loans, net of applicable allowance Retail 66 274 207 – 535,600 510,000 536,147 510,547 Wholesale 7,697 3,186 592 – 248,692 243,385 260,167 254,860 7,763 3,460 799 – 784,292 753,385 796,314 765,407 Other Derivatives 122,058 – – – – – 122,058 122,058 Other assets (1) 3,923 – – – 68,922 68,922 72,845 72,845 Financial liabilities Deposits Personal $ 297 $ 18,667 $ 373,303 $ 371,179 $ 392,267 $ 390,143 Business and government (2) 539 147,842 591,086 589,726 739,467 738,107 Bank (3) – 9,979 36,891 36,881 46,870 46,860 836 176,488 1,001,280 997,786 1,178,604 1,175,110 Other Obligations related to securities sold short 38,504 – – – 38,504 38,504 Obligations related to assets sold under – 259,108 22,041 22,041 281,149 281,149 Derivatives 119,868 – – – 119,868 119,868 Other liabilities (4) 357 73 73,798 73,665 74,228 74,095 Subordinated debentures – – 10,111 9,850 10,111 9,850 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 with banks $ – $ 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 fair value on a recurring basis and classified using the fair value hierarchy As at July 31, 2022 October 31, 2021 Fair value measurements using Netting 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 $ – $ 86,863 $ – $ $ 86,863 $ – $ 56,896 $ – $ $ 56,896 Securities Trading Debt issued or guaranteed by: Canadian government (1) Federal 8,076 3,468 – 11,544 8,977 2,380 – 11,357 Provincial and municipal – 14,071 – 14,071 – 11,068 – 11,068 U.S. federal, state, municipal and agencies (1) 594 35,526 10 36,130 215 22,738 25 22,978 Other OECD government (2) 1,894 3,488 – 5,382 2,729 5,730 – 8,459 Mortgage-backed securities (1) – 3 – 3 – 4 – 4 Asset-backed securities – Non-CDO (3) – 1,045 2 1,047 – 891 2 893 Corporate debt and other debt – 21,814 12 21,826 – 23,085 25 23,110 Equities 46,741 3,423 1,819 51,983 56,826 3,015 1,530 61,371 57,305 82,838 1,843 141,986 68,747 68,911 1,582 139,240 Investment Debt issued or guaranteed by: Canadian government (1) Federal 2,079 2,209 – 4,288 1,973 1,730 – 3,703 Provincial and municipal – 3,197 – 3,197 – 3,132 – 3,132 U.S. federal, state, municipal and agencies (1) 10 34,934 – 34,944 12 34,815 – 34,827 Other OECD government – 5,542 – 5,542 – 5,956 – 5,956 Mortgage-backed securities (1) – 2,780 22 2,802 – 2,727 20 2,747 Asset-backed securities – CDO – 7,001 – 7,001 – 7,074 – 7,074 Non-CDO – 502 – 502 – 586 – 586 Corporate debt and other debt – 23,641 152 23,793 – 19,625 152 19,777 Equities 41 146 349 536 46 153 334 533 2,130 79,952 523 82,605 2,031 75,798 506 78,335 Assets purchased under reverse repurchase agreements and securities – 268,448 – 268,448 – 265,011 – 265,011 Loans – 11,128 894 12,022 – 11,501 1,077 12,578 Other Derivatives Interest rate contracts – 30,430 303 30,733 – 33,857 320 34,177 Foreign exchange contracts – 73,181 65 73,246 – 41,224 74 41,298 Credit derivatives – 357 – 357 – 34 – 34 Other contracts 2,803 17,903 188 20,894 3,175 17,955 26 21,156 Valuation adjustments – (1,901 ) 15 (1,886 ) – (819 ) 9 (810 ) Total gross derivatives 2,803 119,970 571 123,344 3,175 92,251 429 95,855 Netting adjustments (1,286 ) (1,286 ) (314 ) (314 ) Total derivatives 122,058 95,541 Other assets 1,242 2,666 15 3,923 1,474 2,635 – 4,109 $ 63,480 $ 651,865 $ 3,846 $ (1,286 ) $ 717,905 $ 75,427 $ 573,003 $ 3,594 $ (314 ) $ 651,710 Financial liabilities Deposits Personal $ – $ 18,783 $ 181 $ $ 18,964 $ – $ 18,498 $ 151 $ $ 18,649 Business and government – 148,381 – 148,381 – 132,369 – 132,369 Bank – 9,979 – 9,979 – 17,251 – 17,251 Other Obligations related to 16,021 22,483 – 38,504 18,345 19,496 – 37,841 Obligations related to assets sold under repurchase agreements and securities loaned – 259,108 – 259,108 – 236,147 – 236,147 Derivatives Interest rate contracts – 27,600 958 28,558 – 28,566 955 29,521 Foreign exchange contracts – 70,782 38 70,820 – 40,484 27 40,511 Credit derivatives – 122 – 122 – 120 – 120 Other contracts 3,439 18,406 583 22,428 3,699 17,456 419 21,574 Valuation adjustments – (768 ) (6 ) (774 ) – 38 (11 ) 27 Total gross derivatives 3,439 116,142 1,573 121,154 3,699 86,664 1,390 91,753 Netting adjustments (1,286 ) (1,286 ) (314 ) (314 ) Total derivatives 119,868 91,439 Other liabilities 295 132 3 430 258 560 7 825 $ 19,755 $ 575,008 $ 1,757 $ (1,286 ) $ 595,234 $ 22,302 $ 510,985 $ 1,548 $ (314 ) $ 534,521 (1) As at July 31, 2022, residential and commercial mortgage-backed securities (MBS) included in all fair value levels of trading securities were $12,168 million million millio n (2) Organisation for Economic Co-operation (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 July 31, 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 July 31, 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 July 31, 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 $ 16 $ – $ – $ – $ (6 ) $ – $ – $ 10 $ – Asset-backed securities Non-CDO 2 – – – – – – 2 – Corporate debt and other debt 5 – – – (2 ) 9 – 12 – Equities 1,759 (4 ) (4 ) 84 (16 ) – – 1,819 (5 ) 1,782 (4 ) (4 ) 84 (24 ) 9 – 1,843 (5 ) Investment Mortgage-backed securities 21 – 1 – – – – 22 n.a. Corporate debt and other debt 149 – 3 – – – – 152 n.a. Equities 349 – (2 ) 2 – – – 349 n.a. 519 – 2 2 – – – 523 n.a. Loans 782 4 (1 ) 136 (3 ) 9 (33 ) 894 7 Other Net derivative balances (3) Interest rate contracts (663 ) 6 – (7 ) (8 ) 15 2 (655 ) – Foreign exchange contracts 24 (13 ) (2 ) 1 (2 ) 9 10 27 (1 ) Other contracts (436 ) 10 2 (23 ) – 10 42 (395 ) 16 Valuation adjustments 28 – – (7 ) – – – 21 – Other assets 15 – – – – – – 15 – $ 2,051 $ 3 $ (3 ) $ 186 $ (37 ) $ 52 $ 21 $ 2,273 $ 17 Liabilities Deposits $ (157 ) $ 3 $ – $ (7 ) $ 6 $ (39 ) $ 13 $ (181 ) $ 5 Other Other liabilities (3 ) – – – – – – (3 ) – $ (160 ) $ 3 $ – $ (7 ) $ 6 $ (39 ) $ 13 $ (184 ) $ 5 For the three months ended July 31, 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 $ 33 $ – $ 1 $ – $ (5 ) $ – $ – $ 29 $ – Asset-backed securities Non-CDO 2 – – – – – – 2 – Corporate debt and other debt 18 – – 5 1 – – 24 – Equities 1,366 27 13 84 (32 ) – – 1,458 71 1,419 27 14 89 (36 ) – – 1,513 71 Investment Mortgage-backed securities 20 – 1 – – – – 21 n.a. Corporate debt and other debt 146 – 7 – 1 – – 154 n.a. Equities 322 – (3 ) 4 (4 ) – – 319 n.a. 488 – 5 4 (3 ) – – 494 n.a. Loans 1,145 13 11 44 (5 ) – (153 ) 1,055 (15 ) Other Net derivative balances (3) Interest rate contracts (666 ) 48 1 (6 ) (4 ) 6 (2 ) (623 ) 47 Foreign exchange contracts 46 5 – (1 ) (13 ) – (2 ) 35 5 Other contracts (341 ) 2 (5 ) – – (50 ) 10 (384 ) (13 ) Valuation adjustments 21 – – – (6 ) – – 15 – Other assets 2 – – – (2 ) – – – – $ 2,114 $ 95 $ 26 $ 130 $ (69 ) $ (44 ) $ (147 ) $ 2,105 $ 95 Liabilities Deposits $ (70 ) $ (7 ) $ – $ (37 ) $ 3 $ (36 ) $ 36 $ (111 ) $ (5 ) Other Other liabilities (11 ) – – – 4 – – (7 ) – $ (81 ) $ (7 ) $ – $ (37 ) $ 7 $ (36 ) $ 36 $ (118 ) $ (5 ) For the nine months ended July 31, 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 $ 25 $ – $ 1 $ – $ (16 ) $ – $ – $ 10 $ – Asset-backed securities Non-CDO 2 – – – – – – 2 – Corporate debt and other debt 25 (2 ) – – (7 ) 9 (13 ) 12 – Equities 1,530 74 30 245 (61 ) 1 – 1,819 75 1,582 72 31 245 (84 ) 10 (13 ) 1,843 75 Investment Mortgage-backed securities 20 – 2 – – – – 22 n.a. Corporate debt and other debt 152 – – – – – – 152 n.a. Equities 334 – 41 10 (1 ) – (35 ) 349 n.a. 506 – 43 10 (1 ) – (35 ) 523 n.a. Loans 1,077 (9 ) (33 ) 353 (465 ) 25 (54 ) 894 (54 ) Other Net derivative balances (3) Interest rate contracts (635 ) (151 ) (2 ) 93 58 15 (33 ) (655 ) 38 Foreign exchange contracts 47 (60 ) (1 ) 22 10 9 – 27 (49 ) Other contracts (393 ) 194 (9 ) (138 ) 48 (183 ) 86 (395 ) 218 Valuation adjustments 20 – – (7 ) (11 ) 19 – 21 – Other assets – – – 15 – – – 15 – $ 2,204 $ 46 $ 29 $ 593 $ (445 ) $ (105 ) $ (49 ) $ 2,273 $ 228 Liabilities Deposits $ (151 ) $ (6 ) $ (1 ) $ (86 ) $ 23 $ (75 ) $ 115 $ (181 ) $ 10 Other Other liabilities (7 ) – – – 4 – – (3 ) – $ (158 ) $ (6 ) $ (1 ) $ (86 ) $ 27 $ (75 ) $ 115 $ (184 ) $ 10 For the nine months ended July 31, 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 $ – $ (2 ) $ – $ (13 ) $ – $ – $ 29 $ 1 Asset-backed securities Non-CDO 2 – – – – – – 2 – Corporate debt and other debt 30 (1 ) – 8 (3 ) 14 (24 ) 24 – Equities 1,261 75 (53 ) 248 (98 ) 25 – 1,458 79 1,337 74 (55 ) 256 (114 ) 39 (24 ) 1,513 80 Investment Mortgage-backed securities 27 – (6 ) – – – – 21 n.a. Corporate debt and other debt 160 – (9 ) – 3 – – 154 n.a. Equities 335 – (18 ) 4 (2 ) – – 319 n.a. 522 – (33 ) 4 1 – – 494 n.a. Loans 1,070 (10 ) 2 177 (5 ) 70 (249 ) 1,055 20 Other Net derivative balances (3) Interest rate contracts (588 ) 17 (1 ) 6 (44 ) (3 ) (10 ) (623 ) (18 ) Foreign exchange contracts 22 30 1 14 (27 ) 7 (12 ) 35 (29 ) Other contracts (301 ) 5 8 (56 ) 47 (274 ) 187 (384 ) 15 Valuation adjustments 40 – – – (25 ) – – 15 – Other assets 53 (39 ) (2 ) – (12 ) – – – – $ 2,155 $ 77 $ (80 ) $ 401 $ (179 ) $ (161 ) $ (108 ) $ 2,105 $ 68 Liabilities Deposits $ (139 ) $ (62 ) $ 5 $ (129 ) $ 50 $ (113 ) $ 277 $ (111 ) $ 6 Other Other liabilities (38 ) 22 1 – 8 – – (7 ) 23 $ (177 ) $ (40 ) $ 6 $ (129 ) $ 58 $ (113 ) $ 277 $ (118 ) $ 29 (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 gains on Investment securities recognized in other comprehensive income (OCI) were $9 million (2) Other includes amortization of premiums or discounts recognized in net income. (3) Net derivatives as at July 31, 2022 included derivative assets of $571 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 July 31, 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 July 31, 2022, there were no significant transfers out of Level 2 to Level 3 or 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 nine months (Millions of Canadian dollars) July 31 2022 July 31 2021 July 31 2022 July 31 2021 Interest and dividend income (1), (2) Financial instruments measured at fair value through profit or loss $ 2,879 $ 1,125 $ 5,873 $ 3,377 Financial instruments measured at fair value through other comprehensive income 312 85 513 279 Financial instruments measured at amortized cost 7,546 5,787 19,487 17,475 10,737 6,997 25,873 21,131 Interest expense (1) Financial instruments measured at fair value through profit or loss 2,346 706 4,292 2,145 Financial instruments measured at amortized cost 2,501 1,239 5,146 4,045 4,847 1,945 9,438 6,190 Net interest income $ 5,890 $ 5,052 $ 16,435 $ 14,941 (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 July 31, 2022, Interest income of $143 million million (2) Includes dividend income for the three months ended July 31, 2022 of $730 milli on

Securities

Securities	9 Months Ended
	Jul. 31, 2022
Text Block [Abstract]
Securities	Note 4 Securities Unrealized gains and losses on securities at FVOCI (1), (2) As at July 31, 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) $ 4,531 $ 1 $ (244 ) $ 4,288 $ 3,841 $ 1 $ (139 ) $ 3,703 Provincial and municipal 3,650 4 (457 ) 3,197 3,328 3 (199 ) 3,132 U.S. federal, state, municipal and agencies (3) 35,814 299 (1,169 ) 34,944 34,678 353 (204 ) 34,827 Other OECD government 5,553 3 (14 ) 5,542 5,949 8 (1 ) 5,956 Mortgage-backed securities (3) 2,884 – (82 ) 2,802 2,757 2 (12 ) 2,747 Asset-backed securities CDO 7,137 2 (138 ) 7,001 7,074 1 (1 ) 7,074 Non-CDO 518 1 (17 ) 502 580 6 – 586 Corporate debt and other debt 23,901 34 (142 ) 23,793 19,731 57 (11 ) 19,777 Equities 264 275 (3 ) 536 242 292 (1 ) 533 $ 84,252 $ 619 $ (2,266 ) $ 82,605 $ 78,180 $ 723 $ (568 ) $ 78,335 (1) Excludes $74,204 million of held-to-collect (2) Gross unrealized gains and losses includes $(16) million of allowance for credit losses on debt securities at FVOCI as at July 31, 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 $2,938 million million million 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: • Model changes, which generally comprise the impact of significant changes to the quantitative models used to estimate expected credit losses and any staging impacts that may arise. • 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 July 31, 2022 July 31, 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 $ 2 $ (17 ) $ (13 ) $ 7 $ 1 $ (7 ) $ 1 Provision for credit losses Model changes – – – – (4 ) – – (4 ) Transfers to stage 1 1 (1 ) – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – – – – – – – Purchases 1 – – 1 2 – – 2 Sales and maturities – – – – (1 ) – – (1 ) Changes in risk, parameters and exposures (2 ) – (2 ) (4 ) (1 ) – (2 ) (3 ) Exchange rate and other – – – – 1 1 (1 ) 1 Balance at end of period $ 2 $ 1 $ (19 ) $ (16 ) $ 4 $ 2 $ (10 ) $ (4 ) For the nine months ended July 31, 2022 July 31, 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 $ (12 ) $ (9 ) $ 12 $ – $ (4 ) $ 8 Provision for credit losses Model changes – – – – (4 ) – – (4 ) Transfers to stage 1 1 (1 ) – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – – – – – – – Purchases 2 – – 2 7 – – 7 Sales and maturities (1 ) – – (1 ) (8 ) (1 ) – (9 ) Changes in risk, parameters and exposures (1 ) – (7 ) (8 ) (3 ) 3 (6 ) (6 ) Exchange rate and other (1 ) 1 – – – – – – Balance at end of period $ 2 $ 1 $ (19 ) $ (16 ) $ 4 $ 2 $ (10 ) $ (4 ) (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 July 31, 2022 July 31, 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 $ 16 $ – $ 25 $ 11 $ 17 $ – $ 28 Provision for credit losses Model changes – – – – (4 ) – – (4 ) Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – – – – – – – Purchases 1 – – 1 1 – – 1 Sales and maturities – – – – – – – – Changes in risk, parameters and exposures (3 ) (2 ) – (5 ) – – – – Exchange rate and other – 1 – 1 – – – – Balance at end of period $ 7 $ 15 $ – $ 22 $ 8 $ 17 $ – $ 25 For the nine months ended July 31, 2022 July 31, 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 Model changes – – – – (4 ) – – (4 ) Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – – – – – – – Purchases 9 – – 9 8 – – 8 Sales and maturities (1 ) – – (1 ) (1 ) – – (1 ) Changes in risk, parameters and exposures (6 ) (4 ) – (10 ) (5 ) – – (5 ) Exchange rate and other – 1 – 1 – (2 ) – (2 ) Balance at end of period $ 7 $ 15 $ – $ 22 $ 8 $ 17 $ – $ 25 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 July 31, 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 $ 81,252 $ 56 $ – $ 81,308 $ 77,147 $ 82 $ – $ 77,229 Non-investment 611 – – 611 423 – – 423 Impaired – – 150 150 – – 150 150 81,863 56 150 82,069 77,570 82 150 77,802 Items not subject to impairment (2) 536 533 $ 82,605 $ 78,335 Securities at amortized cost Investment grade $ 73,137 $ – $ – $ 73,137 $ 66,033 $ – $ – $ 66,033 Non-investment 864 225 – 1,089 928 211 – 1,139 Impaired – – – – – – – – 74,001 225 – 74,226 66,961 211 – 67,172 Allowance for credit losses 7 15 – 22 5 18 – 23 Amortized cost $ 73,994 $ 210 $ – $ 74,204 $ 66,956 $ 193 $ – $ 67,149 (1) Reflects $150 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	9 Months Ended
	Jul. 31, 2022
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Loans and allowance for credit losses	Note 5 Loans and allowance for credit losses Allowance for credit losses For the three months ended July 31, 2022 July 31, 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 $ 388 $ 51 $ (7 ) $ (3 ) $ 429 $ 495 $ (40 ) $ (6 ) $ – $ 449 Personal 943 107 (60 ) – 990 1,275 (33 ) (57 ) (2 ) 1,183 Credit cards 795 128 (89 ) 1 835 1,135 (94 ) (80 ) 1 962 Small business 179 10 (5 ) 3 187 189 (1 ) (5 ) (2 ) 181 Wholesale 1,541 63 (39 ) (25 ) 1,540 2,311 (273 ) (16 ) 3 2,025 Customers’ liability under acceptances 41 (12 ) – 1 30 120 (51 ) – (2 ) 67 $ 3,887 $ 347 $ (200 ) $ (23 ) $ 4,011 $ 5,525 $ (492 ) $ (164 ) $ (2 ) $ 4,867 Presented as: Allowance for loan losses $ 3,566 $ 3,667 $ 5,146 $ 4,588 Other liabilities – Provisions 275 309 227 203 Customers’ liability under acceptances 41 30 120 67 Other components of equity 5 5 32 9 For the nine months ended July 31, 2022 July 31, 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 $ 29 $ (19 ) $ 3 $ 429 $ 518 $ (23 ) $ (20 ) $ (26 ) $ 449 Personal 1,079 86 (172 ) (3 ) 990 1,309 78 (195 ) (9 ) 1,183 Credit cards 875 201 (243 ) 2 835 1,246 (52 ) (230 ) (2 ) 962 Small business 177 18 (15 ) 7 187 140 8 (15 ) 48 181 Wholesale 1,797 (171 ) (60 ) (26 ) 1,540 2,795 (427 ) (138 ) (205 ) 2,025 Customers’ liability under acceptances 75 (46 ) – 1 30 107 (38 ) – (2 ) 67 $ 4,419 $ 117 $ (509 ) $ (16 ) $ 4,011 $ 6,115 $ (454 ) $ (598 ) $ (196 ) $ 4,867 Presented as: Allowance for loan losses $ 4,089 $ 3,667 $ 5,639 $ 4,588 Other liabilities – Provisions 241 309 363 203 Customers’ liability under acceptances 75 30 107 67 Other components of equity 14 5 6 9 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: • Model changes, which generally comprise the impact of significant changes to the quantitative models used to estimate expected credit losses and any staging impacts that may arise. • 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 July 31, 2022 July 31, 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 $ 184 $ 71 $ 133 $ 388 $ 192 $ 148 $ 155 $ 495 Provision for credit losses Model changes – – – – (6 ) (5 ) – (11 ) Transfers to stage 1 22 (17 ) (5 ) – 41 (36 ) (5 ) – Transfers to stage 2 (2 ) 3 (1 ) – (2 ) 3 (1 ) – Transfers to stage 3 – (5 ) 5 – (1 ) (11 ) 12 – Originations 55 – – 55 31 – – 31 Maturities (6 ) (1 ) – (7 ) (7 ) (3 ) – (10 ) Changes in risk, parameters and exposures (21 ) 21 3 3 (64 ) 9 5 (50 ) Write–offs – – (9 ) (9 ) – – (9 ) (9 ) Recoveries – – 2 2 – – 3 3 Exchange rate and other (2 ) – (1 ) (3 ) 2 2 (4 ) – Balance at end of period $ 230 $ 72 $ 127 $ 429 $ 186 $ 107 $ 156 $ 449 Personal Balance at beginning of period $ 310 $ 550 $ 83 $ 943 $ 491 $ 680 $ 104 $ 1,275 Provision for credit losses Model changes – – – – (1 ) – – (1 ) Transfers to stage 1 132 (131 ) (1 ) – 204 (202 ) (2 ) – Transfers to stage 2 (30 ) 30 – – (19 ) 19 – – Transfers to stage 3 – (12 ) 12 – (1 ) (13 ) 14 – Originations 30 – – 30 35 – – 35 Maturities (16 ) (24 ) – (40 ) (22 ) (34 ) – (56 ) Changes in risk, parameters and exposures (133 ) 200 50 117 (195 ) 151 33 (11 ) Write–offs – – (94 ) (94 ) – – (95 ) (95 ) Recoveries – – 34 34 – – 38 38 Exchange rate and other – – – – – – (2 ) (2 ) Balance at end of period $ 293 $ 613 $ 84 $ 990 $ 492 $ 601 $ 90 $ 1,183 Credit cards Balance at beginning of period $ 169 $ 626 $ – $ 795 $ 326 $ 809 $ – $ 1,135 Provision for credit losses Transfers to stage 1 99 (99 ) – – 197 (197 ) – – Transfers to stage 2 (21 ) 21 – – (22 ) 22 – – Transfers to stage 3 (1 ) (87 ) 88 – (1 ) (94 ) 95 – Originations 1 – – 1 1 – – 1 Maturities (1 ) (8 ) – (9 ) (1 ) (9 ) – (10 ) Changes in risk, parameters and exposures (71 ) 207 – 136 (220 ) 151 (16 ) (85 ) Write–offs – – (132 ) (132 ) – – (123 ) (123 ) Recoveries – – 43 43 – – 43 43 Exchange rate and other – – 1 1 (1 ) 1 1 1 Balance at end of period $ 175 $ 660 $ – $ 835 $ 279 $ 683 $ – $ 962 Small business Balance at beginning of period $ 77 $ 66 $ 36 $ 179 $ 81 $ 71 $ 37 $ 189 Provision for credit losses Model changes – – – – 3 1 – 4 Transfers to stage 1 9 (9 ) – – 10 (10 ) – – Transfers to stage 2 (4 ) 4 – – (1 ) 1 – – Transfers to stage 3 (1 ) – 1 – – (1 ) 1 – Originations 8 – – 8 11 – – 11 Maturities (6 ) (7 ) – (13 ) (5 ) (11 ) – (16 ) Changes in risk, parameters and exposures (8 ) 12 11 15 (8 ) 5 3 – Write–offs – – (7 ) (7 ) – – (7 ) (7 ) Recoveries – – 2 2 – – 2 2 Exchange rate and other 3 3 (3 ) 3 – – (2 ) (2 ) Balance at end of period $ 78 $ 69 $ 40 $ 187 $ 91 $ 56 $ 34 $ 181 Wholesale Balance at beginning of period $ 483 $ 590 $ 468 $ 1,541 $ 764 $ 1,024 $ 523 $ 2,311 Provision for credit losses Model changes – – – – 1 24 – 25 Transfers to stage 1 66 (66 ) – – 194 (193 ) (1 ) – Transfers to stage 2 (14 ) 15 (1 ) – (20 ) 21 (1 ) – Transfers to stage 3 – (21 ) 21 – (2 ) (17 ) 19 – Originations 165 – – 165 129 – – 129 Maturities (103 ) (68 ) – (171 ) (116 ) (129 ) – (245 ) Changes in risk, parameters and exposures (48 ) 130 (13 ) 69 (346 ) 174 (10 ) (182 ) Write–offs – – (48 ) (48 ) – – (34 ) (34 ) Recoveries – – 9 9 – – 18 18 Exchange rate and other (5 ) (5 ) (15 ) (25 ) 6 9 (12 ) 3 Balance at end of period $ 544 $ 575 $ 421 $ 1,540 $ 610 $ 913 $ 502 $ 2,025 For the nine months ended July 31, 2022 July 31, 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 Model changes – – – – (6 ) (5 ) – (11 ) Transfers to stage 1 82 (67 ) (15 ) – 161 (146 ) (15 ) – Transfers to stage 2 (8 ) 10 (2 ) – (12 ) 15 (3 ) – Transfers to stage 3 (1 ) (20 ) 21 – (2 ) (38 ) 40 – Originations 114 – – 114 84 – – 84 Maturities (18 ) (5 ) – (23 ) (23 ) (21 ) – (44 ) Changes in risk, parameters and exposures (125 ) 60 3 (62 ) (220 ) 150 18 (52 ) Write-offs – – (29 ) (29 ) – – (28 ) (28 ) Recoveries – – 10 10 – – 8 8 Exchange rate and other – 2 1 3 (2 ) (8 ) (16 ) (26 ) Balance at end of period $ 230 $ 72 $ 127 $ 429 $ 186 $ 107 $ 156 $ 449 Personal Balance at beginning of period $ 422 $ 569 $ 88 $ 1,079 $ 480 $ 733 $ 96 $ 1,309 Provision for credit losses Model changes – – – – (1 ) – – (1 ) Transfers to stage 1 459 (457 ) (2 ) – 546 (542 ) (4 ) – Transfers to stage 2 (91 ) 91 – – (71 ) 71 – – Transfers to stage 3 (1 ) (37 ) 38 – (2 ) (45 ) 47 – Originations 78 – – 78 96 – – 96 Maturities (54 ) (74 ) – (128 ) (69 ) (103 ) – (172 ) Changes in risk, parameters and exposures (520 ) 521 135 136 (485 ) 489 151 155 Write-offs – – (269 ) (269 ) – – (301 ) (301 ) Recoveries – – 97 97 – – 106 106 Exchange rate and other – – (3 ) (3 ) (2 ) (2 ) (5 ) (9 ) Balance at end of period $ 293 $ 613 $ 84 $ 990 $ 492 $ 601 $ 90 $ 1,183 Credit cards Balance at beginning of period $ 233 $ 642 $ – $ 875 $ 364 $ 882 $ – $ 1,246 Provision for credit losses Transfers to stage 1 374 (374 ) – – 575 (575 ) – – Transfers to stage 2 (72 ) 72 – – (80 ) 80 – – Transfers to stage 3 (2 ) (238 ) 240 – (3 ) (230 ) 233 – Originations 7 – – 7 4 – – 4 Maturities (4 ) (22 ) – (26 ) (5 ) (24 ) – (29 ) Changes in risk, parameters and exposures (362 ) 580 2 220 (574 ) 550 (3 ) (27 ) Write-offs – – (370 ) (370 ) – – (350 ) (350 ) Recoveries – – 127 127 – – 120 120 Exchange rate and other 1 – 1 2 (2 ) – – (2 ) Balance at end of period $ 175 $ 660 $ – $ 835 $ 279 $ 683 $ – $ 962 Small business Balance at beginning of period $ 88 $ 55 $ 34 $ 177 $ 78 $ 29 $ 33 $ 140 Provision for credit losses Model changes – – – – 3 1 – 4 Transfers to stage 1 18 (18 ) – – 49 (49 ) – – Transfers to stage 2 (12 ) 12 – – (7 ) 7 – – Transfers to stage 3 (1 ) (2 ) 3 – – (2 ) 2 – Originations 25 – – 25 28 – – 28 Maturities (17 ) (19 ) – (36 ) (16 ) (17 ) – (33 ) Changes in risk, parameters and exposures (31 ) 36 24 29 (67 ) 57 19 9 Write-offs – – (22 ) (22 ) – – (21 ) (21 ) Recoveries – – 7 7 – – 6 6 Exchange rate and other 8 5 (6 ) 7 23 30 (5 ) 48 Balance at end of period $ 78 $ 69 $ 40 $ 187 $ 91 $ 56 $ 34 $ 181 Wholesale Balance at beginning of period $ 566 $ 794 $ 437 $ 1,797 $ 995 $ 1,132 $ 668 $ 2,795 Provision for credit losses Model changes – – – – 1 24 – 25 Transfers to stage 1 334 (331 ) (3 ) – 449 (445 ) (4 ) – Transfers to stage 2 (55 ) 56 (1 ) – (107 ) 134 (27 ) – Transfers to stage 3 (2 ) (48 ) 50 – (4 ) (54 ) 58 – Originations 448 – – 448 489 – – 489 Maturities (301 ) (259 ) – (560 ) (414 ) (403 ) – (817 ) Changes in risk, parameters and exposures (444 ) 354 31 (59 ) (747 ) 594 29 (124 ) Write-offs – – (97 ) (97 ) – – (183 ) (183 ) Recoveries – – 37 37 – – 45 45 Exchange rate and other (2 ) 9 (33 ) (26 ) (52 ) (69 ) (84 ) (205 ) Balance at end of period $ 544 $ 575 $ 421 $ 1,540 $ 610 $ 913 $ 502 $ 2,025 Key inputs and assumptions The following provides an update on the key inputs and assumptions used in the measurement of expected credit losses. For further details, refer to Note 2 and Note 5 of our audited 2021 Annual Consolidated Financial Statements. While the near-term macroeconomic backdrop is strong with unemployment at low levels across the regions we operate in, we expect unemployment levels to rise in Canada and the U.S. and for both regions to undergo moderate recessions in the next calendar year. Global supply chain disruptions and labour shortages are limiting increases in production, and the aggressive pace of central bank interest rate increases to address inflation pressures are adding to growing downside risks. Consumer demand has continued to outpace available supply, and labour shortages have driven wages higher, adding to potentially longer-lasting price pressures. Central banks are responding by increasing interest rates more quickly than previously expected. 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 as well as in measurement of our weighted allowance due to uncertainty related to the pace and level of deterioration in economic forecasts. Production capacity limits, inflation, and rising interest rates that are expected to slow GDP growth have been reflected in our scenario design and weights. Our base scenario reflects rising unemployment rates, high inflation, supply chain pressures, and increased expectations for central banks to continue increasing interest rates at an aggressive pace which results in moderate recessions expected in Canada and the U.S. in calendar 2023. We also reflect a significant decline in housing prices in Canada. 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 Q4 2022. Conditions are expected to deteriorate from Q3 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, 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 The following provides additional detail about our calendar quarter forecasts for certain key macroeconomic variables used in the models to estimate ACL: • Unemployment in o n the U.S., peaking by Q4 2023 at 6.6% in Canada and 4.9% in the U.S., and returning to long run equilibrium towards the latter end of the forecast horizon. • Gross Domestic Product (GDP ) In our base forecast, we expect Canadian and U.S. GDP growth to slow significantly later this year and into calendar 2023, with moderate recessions expected in Canada and U.S. in the next year as unemployment rates rise in both regions. GDP in calendar Q4 2022 is expected to be • Oil price (West Texas Intermediate in US$) from calendar Q3 2022 • Canadian housing price index from calendar Q3 2022, growth (contraction) of 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 Financial Instruments . As at July 31, 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 $ 334,597 $ 3,839 $ – $ 338,436 $ 310,334 $ 1,507 $ – $ 311,841 Medium risk 14,160 2,602 – 16,762 15,152 2,051 – 17,203 High risk 1,141 2,748 – 3,889 3,343 634 – 3,977 Not rated (1) 49,248 972 – 50,220 45,512 913 – 46,425 Impaired – – 537 537 – – 645 645 399,146 10,161 537 409,844 374,341 5,105 645 380,091 Items not subject to impairment (2) 340 241 Total $ 410,184 $ 380,332 Loans outstanding – Personal Low risk $ 73,815 $ 1,985 $ – $ 75,800 $ 72,267 $ 698 $ – $ 72,965 Medium risk 5,144 3,992 – 9,136 4,974 4,551 – 9,525 High risk 346 1,418 – 1,764 687 1,045 – 1,732 Not rated (1) 9,338 89 – 9,427 8,934 88 – 9,022 Impaired – – 176 176 – – 197 197 Total $ 88,643 $ 7,484 $ 176 $ 96,303 $ 86,862 $ 6,382 $ 197 $ 93,441 Loans outstanding – Credit cards Low risk $ 14,484 $ 57 $ – $ 14,541 $ 12,864 $ 24 $ – $ 12,888 Medium risk 1,362 1,789 – 3,151 1,646 1,645 – 3,291 High risk 41 1,096 – 1,137 136 937 – 1,073 Not rated (1) 636 34 – 670 527 43 – 570 Total $ 16,523 $ 2,976 $ – $ 19,499 $ 15,173 $ 2,649 $ – $ 17,822 Loans outstanding – Small business Low risk $ 8,755 $ 484 $ – $ 9,239 $ 8,609 $ 274 $ – $ 8,883 Medium risk 1,468 1,124 – 2,592 1,583 979 – 2,562 High risk 126 319 – 445 227 218 – 445 Not rated (1) 9 – – 9 4 – – 4 Impaired – – 118 118 – – 109 109 Total $ 10,358 $ 1,927 $ 118 $ 12,403 $ 10,423 $ 1,471 $ 109 $ 12,003 Undrawn loan commitments – Retail Low risk $ 243,614 $ 1,479 $ – $ 245,093 $ 229,516 $ 574 $ – $ 230,090 Medium risk 8,771 200 – 8,971 9,475 133 – 9,608 High risk 882 326 – 1,208 1,205 97 – 1,302 Not rated (1) 5,608 108 – 5,716 4,854 90 – 4,944 Total $ 258,875 $ 2,113 $ – $ 260,988 $ 245,050 $ 894 $ – $ 245,944 Wholesale – Loans outstanding Investment grade $ 82,191 $ 225 $ – $ 82,416 $ 62,975 $ 226 $ – $ 63,201 Non-investment 142,007 13,830 – 155,837 117,396 15,146 – 132,542 Not rated (1) 10,916 312 – 11,228 9,339 430 – 9,769 Impaired – – 1,228 1,228 – – 1,357 1,357 235,114 14,367 1,228 250,709 189,710 15,802 1,357 206,869 Items not subject to impairment (2) 10,883 11,197 Total $ 261,592 $ 218,066 Undrawn loan commitments – Wholesale Investment grade $ 267,452 $ 404 $ – $ 267,856 $ 246,539 $ 1,122 $ – $ 247,661 Non-investment 121,896 9,514 – 131,410 108,063 12,377 – 120,440 Not rated (1) 3,845 – – 3,845 3,476 1 – 3,477 Total $ 393,193 $ 9,918 $ – $ 403,111 $ 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 July 31, 2022 October 31, 2021 (Millions of Canadian dollars) 30 to 89 days 90 days Total 30 to 89 days 90 days Total Retail $ 1,248 $ 150 $ 1,398 $ 1,105 $ 137 $ 1,242 Wholesale 1,857 12 1,869 1,230 – 1,230 $ 3,105 $ 162 $ 3,267 $ 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 refinancing, 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	9 Months Ended
	Jul. 31, 2022
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Significant acquisition	Note 6 Significant acquisition Wealth Management On March 31, 2022, we announced our intention via our subsidiary, RBC Wealth Management (Jersey) Holdings Limited, to acquire Brewin Dolphin Holdings PLC (Brewin Dolphin) by way of a recommended cash offer of 515 pence per share for the entire issued and to be issued share capital of Brewin Dolphin, which values Brewin Dolphin at approximately £1.6 billion ($2.6 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

Deposits

Deposits	9 Months Ended
	Jul. 31, 2022
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Deposits	Note 7 Deposits As at July 31, 2022 October 31, 2021 (Millions of Canadian dollars) Demand Notice Term Total Demand (1) Notice (2) Term (3) Total Personal $ 212,348 $ 66,470 $ 113,449 $ 392,267 $ 207,493 $ 64,613 $ 90,382 $ 362,488 Business and government 349,919 16,751 372,797 739,467 356,020 20,800 319,533 696,353 Bank 12,358 485 34,027 46,870 12,549 449 28,992 41,990 $ 574,625 $ 83,706 $ 520,273 $ 1,178,604 $ 576,062 $ 85,862 $ 438,907 $ 1,100,831 Non-interest-bearing (4) Canada $ 155,873 $ 8,131 $ 499 $ 164,503 $ 151,475 $ 8,051 $ 713 $ 160,239 United States 53,378 – – 53,378 54,021 – – 54,021 Europe (5) 475 – – 475 632 – – 632 Other International 8,471 – – 8,471 8,002 – – 8,002 Interest-bearing (4) Canada 313,493 19,169 373,680 706,342 315,464 19,857 312,987 648,308 United States 9,534 56,012 82,644 148,190 6,978 57,260 77,597 141,835 Europe (5) 28,626 394 48,457 77,477 34,278 693 36,788 71,759 Other International 4,775 – 14,993 19,768 5,212 1 10,822 16,035 $ 574,625 $ 83,706 $ 520,273 $ 1,178,604 $ 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 July 31, 2022, deposits denominated in U.S. dollars, British pounds, Euro and other foreign currencies were $448 billion billion billion billion 2021 – $ (5) Europe includes United Kingdom, Luxembourg, the Channel Islands, and France. Contractual maturities of term deposits As at (Millions of Canadian dollars) July 31 2022 October 31 2021 Within 1 year: less than 3 months $ 152,461 $ 133,776 3 to 6 months 58,906 64,062 6 to 12 months 125,192 83,871 1 to 2 years 52,844 45,532 2 to 3 years 39,009 29,204 3 to 4 years 25,688 24,573 4 to 5 years 33,209 25,329 Over 5 years 32,964 32,560 $ 520,273 $ 438,907 Aggregate amount of term deposits in denominations of one hundred thousand dollars or more $ 484,000 $ 416,000

Employee benefits - Pension and

Employee benefits - Pension and other post-employment benefits	9 Months Ended
	Jul. 31, 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 OCI. Pension and other post-employment benefit expense For the three months ended Pension plans Other post-employment benefit plans (Millions of Canadian dollars) July 31 2022 July 31 2021 July 31 2022 July 31 2021 Current service costs $ 77 $ 90 $ 11 $ 11 Past service costs – – – – Net interest expense (income) (21 ) 2 16 15 Remeasurements of other long-term benefits – – (10 ) – Administrative expense 3 3 – – Defined benefit pension expense 59 95 17 26 Defined contribution pension expense 58 56 – – $ 117 $ 151 $ 17 $ 26 For the nine months ended Pension plans Other post-employment benefit plans (Millions of Canadian dollars) July 31 2022 July 31 2021 July 31 2022 July 31 2021 Current service costs $ 232 $ 270 $ 28 $ 33 Past service costs (1 ) – 2 – Net interest expense (income) (63 ) 6 47 43 Remeasurements of other long-term benefits – – (23 ) (10 ) Administrative expense 10 9 – – Defined benefit pension expense 178 285 54 66 Defined contribution pension expense 188 179 – – $ 366 $ 464 $ 54 $ 66 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) July 31 2022 July 31 2021 July 31 2022 July 31 2021 Actuarial (gains) losses: Changes in financial assumptions (2) $ 81 $ 732 $ 16 $ 46 Experience adjustments – – (1 ) (1 ) Return on plan assets (excluding interest based on discount rate) 338 (882 ) – – $ 419 $ (150 ) $ 15 $ 45 For the nine months ended Defined benefit pension plans Other post-employment benefit plans (Millions of Canadian dollars) July 31 2022 July 31 2021 July 31 2022 July 31 2021 Actuarial (gains) losses: Changes in financial assumptions (2) $ (2,917 ) $ (660 ) $ (241 ) $ (89 ) Experience adjustments 1 – (4 ) (4 ) Return on plan assets (excluding interest based on discount rate) 2,180 (1,679 ) – – $ (736 ) $ (2,339 ) $ (245 ) $ (93 ) (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	9 Months Ended
	Jul. 31, 2022
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Income taxes	Note 9 Income taxes Government of Canada Budget 2022 On April 7, 2022, the Government of Canada presented its 2022 Budget and on August 9, 2022 % tax for 2022 determined based on the average taxable income above $ billion for taxation years 2020 and 2021 and payable in equal installments over . The permanent increase in the corporate income tax rate is 1.5% on taxable income above $ million and would apply to taxation years that end after April 7, 2022. For our taxation year ending October 31, 2022, the additional % tax would be prorated based on the number of days in the taxation year that are after April 7, 2022. The draft legislation is open for public comment until September 30, 2022 and is therefore subject to change; 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 third quarter of 2022, we received a reassessment from the Canada Revenue Agency (CRA), in respect of the 2017 taxation year, which suggests 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 reassessment is 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	9 Months Ended
	Jul. 31, 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 5-year Bank Act non-viability On February 24, 2022, we redeemed all 6 million Non-Cumulative 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 Common shares issued (1) For the three months ended July 31, 2022 July 31, 2021 (Millions of Canadian dollars, except number of shares) Number of Amount Number of Amount Issued in connection with share-based compensation plans (2) 100 $ 8 311 $ 24 Purchased for cancellation (3) (10,445 ) (129 ) – – (10,345 ) $ (121 ) 311 $ 24 For the nine months ended July 31, 2022 July 31, 2021 (Millions of Canadian dollars, except number of shares) Number of Amount Number of Amount Issued in connection with share-based compensation plans (2) 612 $ 50 1,131 $ 85 Purchased for cancellation (3) (33,016 ) (411 ) – – (32,404 ) $ (361 ) 1,131 $ 85 (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 nine months ended July 31, 2022 and July 31, 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 July 31, 2022, we purchased for cancellation common shares at a total fair value of $1,338 million (average cost of During the nine months ended July 31, 2022, we purchased for cancellation common shares at a total fair value of

Earnings per share

Earnings per share	9 Months Ended
	Jul. 31, 2022
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Earnings per share	Note 11 Earnings per share For the three months ended For the nine months ended (Millions of Canadian dollars, except share and per share amounts) July 31 2022 July 31 2021 July 31 2022 July 31 2021 Basic earnings per share Net income $ 3,577 $ 4,296 $ 11,925 $ 12,158 Dividends on preferred shares and distributions on other equity instruments (58 ) (55 ) (180 ) (189 ) Net income attributable to non-controlling (2 ) (4 ) (7 ) (7 ) Net income available to common shareholders $ 3,517 $ 4,237 $ 11,738 $ 11,962 Weighted average number of common shares (in thousands) 1,396,381 1,424,614 1,409,292 1,424,278 Basic earnings per share (in dollars) $ 2.52 $ 2.97 $ 8.33 $ 8.40 Diluted earnings per share Net income available to common shareholders $ 3,517 $ 4,237 $ 11,738 $ 11,962 Weighted average number of common shares (in thousands) 1,396,381 1,424,614 1,409,292 1,424,278 Stock options (1) 1,680 1,987 2,039 1,596 Issuable under other share-based compensation plans 606 597 603 674 Average number of diluted common shares (in thousands) 1,398,667 1,427,198 1,411,934 1,426,548 Diluted earnings per share (in dollars) $ 2.51 $ 2.97 $ 8.31 $ 8.39 (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 month s

Legal and regulatory matters

Legal and regulatory matters	9 Months Ended
	Jul. 31, 2022
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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 (LIBOR) 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	9 Months Ended
	Jul. 31, 2022
Text Block [Abstract]
Results by business segment	Note 13 Results by business segment For the three months ended July 31, 2022 (Millions of Canadian dollars) Personal & Wealth Insurance Investor & Capital Corporate Total Net interest income (2) $ 3,655 $ 960 $ – $ 188 $ 1,136 $ (49 ) $ 5,890 Non-interest 1,527 2,695 1,233 394 513 (120 ) 6,242 Total revenue 5,182 3,655 1,233 582 1,649 (169 ) 12,132 Provision for credit losses 324 13 – (3 ) 6 – 340 Insurance policyholder benefits, claims and acquisition expense – – 850 – – – 850 Non-interest 2,130 2,618 139 374 1,123 2 6,386 Income (loss) before income taxes 2,728 1,024 244 211 520 (171 ) 4,556 Income taxes (recoveries) 705 247 58 47 41 (119 ) 979 Net income $ 2,023 $ 777 $ 186 $ 164 $ 479 $ (52 ) $ 3,577 Non-interest Depreciation and amortization $ 239 $ 227 $ 14 $ 47 $ 126 $ 3 $ 656 For the three months ended July 31, 2021 (Millions of Canadian dollars) Personal & Wealth Insurance Investor & Capital Corporate Total Net interest income (2) $ 3,206 $ 682 $ – $ 127 $ 1,122 $ (85 ) $ 5,052 Non-interest 1,445 2,691 1,754 390 1,341 83 7,704 Total revenue 4,651 3,373 1,754 517 2,463 (2 ) 12,756 Provision for credit losses (179 ) (21 ) – (3 ) (337 ) – (540 ) Insurance policyholder benefits, claims and acquisition expense – – 1,304 – – – 1,304 Non-interest 1,998 2,434 155 401 1,363 69 6,420 Income (loss) before income taxes 2,832 960 295 119 1,437 (71 ) 5,572 Income taxes (recoveries) 719 216 61 31 308 (59 ) 1,276 Net income $ 2,113 $ 744 $ 234 $ 88 $ 1,129 $ (12 ) $ 4,296 Non-interest Depreciation and amortization $ 236 $ 216 $ 15 $ 50 $ 125 $ 1 $ 643 For the nine months ended July 31, 2022 (Millions of Canadian dollars) Personal & Wealth Insurance Investor & Capital Corporate Total Net interest income (2) $ 10,118 $ 2,485 $ – $ 499 $ 3,558 $ (225 ) $ 16,435 Non-interest 4,606 8,388 2,866 1,221 3,249 (347 ) 19,983 Total revenue 14,724 10,873 2,866 1,720 6,807 (572 ) 36,418 Provision for credit losses 177 (29 ) – (3 ) (43 ) 1 103 Insurance policyholder benefits, claims and acquisition expense – – 1,667 – – – 1,667 Non-interest 6,167 7,843 431 1,192 3,945 (178 ) 19,400 Income (loss) before income taxes 8,380 3,059 768 531 2,905 (395 ) 15,248 Income taxes (recoveries) 2,149 737 179 128 601 (471 ) 3,323 Net income $ 6,231 $ 2,322 $ 589 $ 403 $ 2,304 $ 76 $ 11,925 Non-interest Depreciation and amortization $ 704 $ 683 $ 43 $ 146 $ 373 $ 7 $ 1,956 For the nine months ended July 31, 2021 (Millions of Canadian dollars) Personal & Wealth Insurance Investor & Capital Corporate Total Net interest income (2) $ 9,452 $ 2,014 $ – $ 305 $ 3,442 $ (272 ) $ 14,941 Non-interest 4,289 7,838 4,099 1,311 4,447 392 22,376 Total revenue 13,741 9,852 4,099 1,616 7,889 120 37,317 Provision for credit losses 21 (52 ) – (7 ) (487 ) (1 ) (526 ) Insurance policyholder benefits, claims and acquisition expense – – 2,859 – – – 2,859 Non-interest 5,891 7,211 444 1,177 4,272 346 19,341 Income (loss) before income taxes 7,829 2,693 796 446 4,104 (225 ) 15,643 Income taxes (recoveries) 2,015 625 174 115 837 (281 ) 3,485 Net income $ 5,814 $ 2,068 $ 622 $ 331 $ 3,267 $ 56 $ 12,158 Non-interest Depreciation and amortization $ 689 $ 654 $ 44 $ 146 $ 376 $ 3 $ 1,912 (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 July 31, 2022 (Millions of Canadian dollars) Personal & Wealth Insurance Investor & Capital Corporate Total Total assets $ 590,955 $ 155,144 $ 22,342 $ 256,579 $ 759,763 $ 57,309 $ 1,842,092 Total liabilities 590,888 155,549 22,860 256,550 759,894 (47,647 ) 1,738,094 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 liabilities 549,619 149,096 22,966 239,960 691,767 (45,847 ) 1,607,561

Capital management

Capital management	9 Months Ended
	Jul. 31, 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 third As at (Millions of Canadian dollars, except percentage amounts and as otherwise noted) July 31 2022 October 31 2021 Capital (1) CET1 capital $ 76,907 $ 75,583 Tier 1 capital 84,207 82,246 Total capital 93,857 92,026 Risk-weighted assets (RWA) used in calculation of capital ratios (1) Credit risk $ 478,686 $ 444,142 Market risk 34,551 34,806 Operational risk 75,813 73,593 Total RWA $ 589,050 $ 552,541 Capital ratios and Leverage ratio (1) CET1 ratio 13.1% 13.7% Tier 1 capital ratio 14.3% 14.9% Total capital ratio 15.9% 16.7% Leverage ratio 4.6% 4.9% Leverage ratio exposure (billions) $ 1,840 $ 1,662 TLAC available and ratios (2), (3) TLAC available $ 162,284 n.a. TLAC ratio 27.6% n.a. TLAC leverage ratio 8.8% 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 (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 n.a. not applicable

Summary of significant accoun_2

Summary of significant accounting policies, estimates and judgments (Policies)	9 Months Ended
	Jul. 31, 2022
Statement [Line Items]
Changes in accounting policies	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 On May 16, 2022, Refinitiv Benchmark Services (UK) Limited (RBSL), the administrator of the Canadian Dollar Offered Rate (CDOR), announced that the calculation and publication of all tenors of CDOR will permanently cease immediately following a final publication on June 28, 2024. The cessation announcement triggered fallback provisions related to our CDOR-linked products, including certain loans, bonds, and derivatives, and defined the dates of their transition to alternative benchmark rates. The fixed spreads to be used in the transition to the relevant alternative benchmark rate for each CDOR setting were also defined for certain of our CDOR-linked products as a result of the announcement. Progress in and risks arising from the transition to alternative benchmark interest rates Our transition from CDOR to alternative benchmark interest rates will be managed within our existing comprehensive enterprise-wide program and governance structure used as part of the ongoing interest rate benchmark reform. For further details related to our existing transition program, refer to Note 2 of our 2021 Annual Report. Hedging relationships impacted by interest rate benchmark reform The following table presents the notional amount of our hedging instruments which reference CDOR that will expire after June 28, 2024 as at November 1, 2021, which represent our opening balances for the annual period ending on October 31, 2022. Changes in our exposures during the period did not result in significant changes to the risks arising from transition since November 1, 2021. The notional amounts of our hedging instruments also approximates the extent of the risk exposure we manage through hedging relationships: As at November 1, 2021 (Millions of Canadian dollars) Notional amounts Interest rate contracts CDOR $ 76,931 Total return swaps CDOR 390 $ 77,321 Financial instruments referencing CDOR that have yet to transition to alternative benchmark interest rates The following tables show our significant exposures to financial instruments referencing CDOR that have yet to transition to alternative benchmark interest rates and are maturing after June 28, 2024 as at November 1, 2021, which represent our opening balances for the annual period ending on October 31, 2022. Changes in our exposures during the period did not result in significant changes to the risks arising from transition since November 1, 2021. In the normal course of business, our derivative notional amounts may fluctuate with minimal impact to our CDOR transition plans. As at November 1, 2021 (Millions of Canadian dollars) Non-derivative Non-derivative Derivative CDOR (3) $ 9,226 $ 14,797 $ 1,460,770 (1) Non-derivative assets represent the drawn outstanding balance of Loans and Customers’ liability under acceptances and the fair value of Securities. (2) Non-derivative liabilities represent Subordinated debentures, Deposits and Acceptances. (3) Includes our exposure to financial instruments referencing interest rates substantially similar to CDOR. The following table presents the undrawn balances of loan commitments referencing CDOR. (Millions of Canadian dollars) As at November 1, 2021 Authorized and committed undrawn commitments CDOR (1), (2) $ 15,644 (1) Includes our exposure to financial instruments referencing interest rates substantially similar to CDOR. (2) Undrawn commitments exclude amounts related to drawn outstanding balances, which in certain cases may include extension options.

Summary of significant accoun_3

Summary of significant accounting policies, estimates and judgments (Tables)	9 Months Ended
	Jul. 31, 2022
Text Block [Abstract]
Summary of Nominal Amount of Hedging Instruments	The notional amounts of our hedging instruments also approximates the extent of the risk exposure we manage through hedging relationships: As at November 1, 2021 (Millions of Canadian dollars) Notional amounts Interest rate contracts CDOR $ 76,931 Total return swaps CDOR 390 $ 77,321
Summary of Bank's Significant Exposures to Financial Instruments	In the normal course of business, our derivative notional amounts may fluctuate with minimal impact to our CDOR transition plans. As at November 1, 2021 (Millions of Canadian dollars) Non-derivative Non-derivative Derivative CDOR (3) $ 9,226 $ 14,797 $ 1,460,770 (1) Non-derivative assets represent the drawn outstanding balance of Loans and Customers’ liability under acceptances and the fair value of Securities. (2) Non-derivative liabilities represent Subordinated debentures, Deposits and Acceptances. (3) Includes our exposure to financial instruments referencing interest rates substantially similar to CDOR. The following table presents the undrawn balances of loan commitments referencing CDOR. (Millions of Canadian dollars) As at November 1, 2021 Authorized and committed undrawn commitments CDOR (1), (2) $ 15,644 (1) Includes our exposure to financial instruments referencing interest rates substantially similar to CDOR. (2) Undrawn commitments exclude amounts related to drawn outstanding balances, which in certain cases may include extension options.

Fair value of financial instr_2

Fair value of financial instruments (Tables)	9 Months Ended
	Jul. 31, 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 July 31, 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 with banks $ – $ 86,863 $ – $ – $ 11,282 $ 11,282 $ 98,145 $ 98,145 Securities Trading 131,696 10,290 – – – – 141,986 141,986 Investment, net of applicable allowance – – 82,069 536 74,204 70,565 156,809 153,170 131,696 10,290 82,069 536 74,204 70,565 298,795 295,156 Assets purchased under reverse repurchase 268,448 – – – 50,117 50,117 318,565 318,565 Loans, net of applicable allowance Retail 66 274 207 – 535,600 510,000 536,147 510,547 Wholesale 7,697 3,186 592 – 248,692 243,385 260,167 254,860 7,763 3,460 799 – 784,292 753,385 796,314 765,407 Other Derivatives 122,058 – – – – – 122,058 122,058 Other assets (1) 3,923 – – – 68,922 68,922 72,845 72,845 Financial liabilities Deposits Personal $ 297 $ 18,667 $ 373,303 $ 371,179 $ 392,267 $ 390,143 Business and government (2) 539 147,842 591,086 589,726 739,467 738,107 Bank (3) – 9,979 36,891 36,881 46,870 46,860 836 176,488 1,001,280 997,786 1,178,604 1,175,110 Other Obligations related to securities sold short 38,504 – – – 38,504 38,504 Obligations related to assets sold under – 259,108 22,041 22,041 281,149 281,149 Derivatives 119,868 – – – 119,868 119,868 Other liabilities (4) 357 73 73,798 73,665 74,228 74,095 Subordinated debentures – – 10,111 9,850 10,111 9,850 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 with banks $ – $ 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 fair value on a recurring basis and classified using the fair value hierarchy As at July 31, 2022 October 31, 2021 Fair value measurements using Netting 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 $ – $ 86,863 $ – $ $ 86,863 $ – $ 56,896 $ – $ $ 56,896 Securities Trading Debt issued or guaranteed by: Canadian government (1) Federal 8,076 3,468 – 11,544 8,977 2,380 – 11,357 Provincial and municipal – 14,071 – 14,071 – 11,068 – 11,068 U.S. federal, state, municipal and agencies (1) 594 35,526 10 36,130 215 22,738 25 22,978 Other OECD government (2) 1,894 3,488 – 5,382 2,729 5,730 – 8,459 Mortgage-backed securities (1) – 3 – 3 – 4 – 4 Asset-backed securities – Non-CDO (3) – 1,045 2 1,047 – 891 2 893 Corporate debt and other debt – 21,814 12 21,826 – 23,085 25 23,110 Equities 46,741 3,423 1,819 51,983 56,826 3,015 1,530 61,371 57,305 82,838 1,843 141,986 68,747 68,911 1,582 139,240 Investment Debt issued or guaranteed by: Canadian government (1) Federal 2,079 2,209 – 4,288 1,973 1,730 – 3,703 Provincial and municipal – 3,197 – 3,197 – 3,132 – 3,132 U.S. federal, state, municipal and agencies (1) 10 34,934 – 34,944 12 34,815 – 34,827 Other OECD government – 5,542 – 5,542 – 5,956 – 5,956 Mortgage-backed securities (1) – 2,780 22 2,802 – 2,727 20 2,747 Asset-backed securities – CDO – 7,001 – 7,001 – 7,074 – 7,074 Non-CDO – 502 – 502 – 586 – 586 Corporate debt and other debt – 23,641 152 23,793 – 19,625 152 19,777 Equities 41 146 349 536 46 153 334 533 2,130 79,952 523 82,605 2,031 75,798 506 78,335 Assets purchased under reverse repurchase agreements and securities – 268,448 – 268,448 – 265,011 – 265,011 Loans – 11,128 894 12,022 – 11,501 1,077 12,578 Other Derivatives Interest rate contracts – 30,430 303 30,733 – 33,857 320 34,177 Foreign exchange contracts – 73,181 65 73,246 – 41,224 74 41,298 Credit derivatives – 357 – 357 – 34 – 34 Other contracts 2,803 17,903 188 20,894 3,175 17,955 26 21,156 Valuation adjustments – (1,901 ) 15 (1,886 ) – (819 ) 9 (810 ) Total gross derivatives 2,803 119,970 571 123,344 3,175 92,251 429 95,855 Netting adjustments (1,286 ) (1,286 ) (314 ) (314 ) Total derivatives 122,058 95,541 Other assets 1,242 2,666 15 3,923 1,474 2,635 – 4,109 $ 63,480 $ 651,865 $ 3,846 $ (1,286 ) $ 717,905 $ 75,427 $ 573,003 $ 3,594 $ (314 ) $ 651,710 Financial liabilities Deposits Personal $ – $ 18,783 $ 181 $ $ 18,964 $ – $ 18,498 $ 151 $ $ 18,649 Business and government – 148,381 – 148,381 – 132,369 – 132,369 Bank – 9,979 – 9,979 – 17,251 – 17,251 Other Obligations related to 16,021 22,483 – 38,504 18,345 19,496 – 37,841 Obligations related to assets sold under repurchase agreements and securities loaned – 259,108 – 259,108 – 236,147 – 236,147 Derivatives Interest rate contracts – 27,600 958 28,558 – 28,566 955 29,521 Foreign exchange contracts – 70,782 38 70,820 – 40,484 27 40,511 Credit derivatives – 122 – 122 – 120 – 120 Other contracts 3,439 18,406 583 22,428 3,699 17,456 419 21,574 Valuation adjustments – (768 ) (6 ) (774 ) – 38 (11 ) 27 Total gross derivatives 3,439 116,142 1,573 121,154 3,699 86,664 1,390 91,753 Netting adjustments (1,286 ) (1,286 ) (314 ) (314 ) Total derivatives 119,868 91,439 Other liabilities 295 132 3 430 258 560 7 825 $ 19,755 $ 575,008 $ 1,757 $ (1,286 ) $ 595,234 $ 22,302 $ 510,985 $ 1,548 $ (314 ) $ 534,521 (1) As at July 31, 2022, residential and commercial mortgage-backed securities (MBS) included in all fair value levels of trading securities were $12,168 million million millio n (2) Organisation for Economic Co-operation (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 July 31, 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 $ 16 $ – $ – $ – $ (6 ) $ – $ – $ 10 $ – Asset-backed securities Non-CDO 2 – – – – – – 2 – Corporate debt and other debt 5 – – – (2 ) 9 – 12 – Equities 1,759 (4 ) (4 ) 84 (16 ) – – 1,819 (5 ) 1,782 (4 ) (4 ) 84 (24 ) 9 – 1,843 (5 ) Investment Mortgage-backed securities 21 – 1 – – – – 22 n.a. Corporate debt and other debt 149 – 3 – – – – 152 n.a. Equities 349 – (2 ) 2 – – – 349 n.a. 519 – 2 2 – – – 523 n.a. Loans 782 4 (1 ) 136 (3 ) 9 (33 ) 894 7 Other Net derivative balances (3) Interest rate contracts (663 ) 6 – (7 ) (8 ) 15 2 (655 ) – Foreign exchange contracts 24 (13 ) (2 ) 1 (2 ) 9 10 27 (1 ) Other contracts (436 ) 10 2 (23 ) – 10 42 (395 ) 16 Valuation adjustments 28 – – (7 ) – – – 21 – Other assets 15 – – – – – – 15 – $ 2,051 $ 3 $ (3 ) $ 186 $ (37 ) $ 52 $ 21 $ 2,273 $ 17 Liabilities Deposits $ (157 ) $ 3 $ – $ (7 ) $ 6 $ (39 ) $ 13 $ (181 ) $ 5 Other Other liabilities (3 ) – – – – – – (3 ) – $ (160 ) $ 3 $ – $ (7 ) $ 6 $ (39 ) $ 13 $ (184 ) $ 5 For the three months ended July 31, 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 $ 33 $ – $ 1 $ – $ (5 ) $ – $ – $ 29 $ – Asset-backed securities Non-CDO 2 – – – – – – 2 – Corporate debt and other debt 18 – – 5 1 – – 24 – Equities 1,366 27 13 84 (32 ) – – 1,458 71 1,419 27 14 89 (36 ) – – 1,513 71 Investment Mortgage-backed securities 20 – 1 – – – – 21 n.a. Corporate debt and other debt 146 – 7 – 1 – – 154 n.a. Equities 322 – (3 ) 4 (4 ) – – 319 n.a. 488 – 5 4 (3 ) – – 494 n.a. Loans 1,145 13 11 44 (5 ) – (153 ) 1,055 (15 ) Other Net derivative balances (3) Interest rate contracts (666 ) 48 1 (6 ) (4 ) 6 (2 ) (623 ) 47 Foreign exchange contracts 46 5 – (1 ) (13 ) – (2 ) 35 5 Other contracts (341 ) 2 (5 ) – – (50 ) 10 (384 ) (13 ) Valuation adjustments 21 – – – (6 ) – – 15 – Other assets 2 – – – (2 ) – – – – $ 2,114 $ 95 $ 26 $ 130 $ (69 ) $ (44 ) $ (147 ) $ 2,105 $ 95 Liabilities Deposits $ (70 ) $ (7 ) $ – $ (37 ) $ 3 $ (36 ) $ 36 $ (111 ) $ (5 ) Other Other liabilities (11 ) – – – 4 – – (7 ) – $ (81 ) $ (7 ) $ – $ (37 ) $ 7 $ (36 ) $ 36 $ (118 ) $ (5 ) For the nine months ended July 31, 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 $ 25 $ – $ 1 $ – $ (16 ) $ – $ – $ 10 $ – Asset-backed securities Non-CDO 2 – – – – – – 2 – Corporate debt and other debt 25 (2 ) – – (7 ) 9 (13 ) 12 – Equities 1,530 74 30 245 (61 ) 1 – 1,819 75 1,582 72 31 245 (84 ) 10 (13 ) 1,843 75 Investment Mortgage-backed securities 20 – 2 – – – – 22 n.a. Corporate debt and other debt 152 – – – – – – 152 n.a. Equities 334 – 41 10 (1 ) – (35 ) 349 n.a. 506 – 43 10 (1 ) – (35 ) 523 n.a. Loans 1,077 (9 ) (33 ) 353 (465 ) 25 (54 ) 894 (54 ) Other Net derivative balances (3) Interest rate contracts (635 ) (151 ) (2 ) 93 58 15 (33 ) (655 ) 38 Foreign exchange contracts 47 (60 ) (1 ) 22 10 9 – 27 (49 ) Other contracts (393 ) 194 (9 ) (138 ) 48 (183 ) 86 (395 ) 218 Valuation adjustments 20 – – (7 ) (11 ) 19 – 21 – Other assets – – – 15 – – – 15 – $ 2,204 $ 46 $ 29 $ 593 $ (445 ) $ (105 ) $ (49 ) $ 2,273 $ 228 Liabilities Deposits $ (151 ) $ (6 ) $ (1 ) $ (86 ) $ 23 $ (75 ) $ 115 $ (181 ) $ 10 Other Other liabilities (7 ) – – – 4 – – (3 ) – $ (158 ) $ (6 ) $ (1 ) $ (86 ) $ 27 $ (75 ) $ 115 $ (184 ) $ 10 For the nine months ended July 31, 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 $ – $ (2 ) $ – $ (13 ) $ – $ – $ 29 $ 1 Asset-backed securities Non-CDO 2 – – – – – – 2 – Corporate debt and other debt 30 (1 ) – 8 (3 ) 14 (24 ) 24 – Equities 1,261 75 (53 ) 248 (98 ) 25 – 1,458 79 1,337 74 (55 ) 256 (114 ) 39 (24 ) 1,513 80 Investment Mortgage-backed securities 27 – (6 ) – – – – 21 n.a. Corporate debt and other debt 160 – (9 ) – 3 – – 154 n.a. Equities 335 – (18 ) 4 (2 ) – – 319 n.a. 522 – (33 ) 4 1 – – 494 n.a. Loans 1,070 (10 ) 2 177 (5 ) 70 (249 ) 1,055 20 Other Net derivative balances (3) Interest rate contracts (588 ) 17 (1 ) 6 (44 ) (3 ) (10 ) (623 ) (18 ) Foreign exchange contracts 22 30 1 14 (27 ) 7 (12 ) 35 (29 ) Other contracts (301 ) 5 8 (56 ) 47 (274 ) 187 (384 ) 15 Valuation adjustments 40 – – – (25 ) – – 15 – Other assets 53 (39 ) (2 ) – (12 ) – – – – $ 2,155 $ 77 $ (80 ) $ 401 $ (179 ) $ (161 ) $ (108 ) $ 2,105 $ 68 Liabilities Deposits $ (139 ) $ (62 ) $ 5 $ (129 ) $ 50 $ (113 ) $ 277 $ (111 ) $ 6 Other Other liabilities (38 ) 22 1 – 8 – – (7 ) 23 $ (177 ) $ (40 ) $ 6 $ (129 ) $ 58 $ (113 ) $ 277 $ (118 ) $ 29 (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 gains on Investment securities recognized in other comprehensive income (OCI) were $9 million (2) Other includes amortization of premiums or discounts recognized in net income. (3) Net derivatives as at July 31, 2022 included derivative assets of $571 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 nine months (Millions of Canadian dollars) July 31 2022 July 31 2021 July 31 2022 July 31 2021 Interest and dividend income (1), (2) Financial instruments measured at fair value through profit or loss $ 2,879 $ 1,125 $ 5,873 $ 3,377 Financial instruments measured at fair value through other comprehensive income 312 85 513 279 Financial instruments measured at amortized cost 7,546 5,787 19,487 17,475 10,737 6,997 25,873 21,131 Interest expense (1) Financial instruments measured at fair value through profit or loss 2,346 706 4,292 2,145 Financial instruments measured at amortized cost 2,501 1,239 5,146 4,045 4,847 1,945 9,438 6,190 Net interest income $ 5,890 $ 5,052 $ 16,435 $ 14,941 (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 July 31, 2022, Interest income of $143 million million (2) Includes dividend income for the three months ended July 31, 2022 of $730 milli on

Securities (Tables)

Securities (Tables)	9 Months Ended
	Jul. 31, 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 July 31, 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) $ 4,531 $ 1 $ (244 ) $ 4,288 $ 3,841 $ 1 $ (139 ) $ 3,703 Provincial and municipal 3,650 4 (457 ) 3,197 3,328 3 (199 ) 3,132 U.S. federal, state, municipal and agencies (3) 35,814 299 (1,169 ) 34,944 34,678 353 (204 ) 34,827 Other OECD government 5,553 3 (14 ) 5,542 5,949 8 (1 ) 5,956 Mortgage-backed securities (3) 2,884 – (82 ) 2,802 2,757 2 (12 ) 2,747 Asset-backed securities CDO 7,137 2 (138 ) 7,001 7,074 1 (1 ) 7,074 Non-CDO 518 1 (17 ) 502 580 6 – 586 Corporate debt and other debt 23,901 34 (142 ) 23,793 19,731 57 (11 ) 19,777 Equities 264 275 (3 ) 536 242 292 (1 ) 533 $ 84,252 $ 619 $ (2,266 ) $ 82,605 $ 78,180 $ 723 $ (568 ) $ 78,335 (1) Excludes $74,204 million of held-to-collect (2) Gross unrealized gains and losses includes $(16) million of allowance for credit losses on debt securities at FVOCI as at July 31, 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 $2,938 million million million million
Summary of Allowance for credit losses - Securities at Amortized Cost	Allowance for credit losses – securities at FVOCI (1) For the three months ended July 31, 2022 July 31, 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 $ 2 $ (17 ) $ (13 ) $ 7 $ 1 $ (7 ) $ 1 Provision for credit losses Model changes – – – – (4 ) – – (4 ) Transfers to stage 1 1 (1 ) – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – – – – – – – Purchases 1 – – 1 2 – – 2 Sales and maturities – – – – (1 ) – – (1 ) Changes in risk, parameters and exposures (2 ) – (2 ) (4 ) (1 ) – (2 ) (3 ) Exchange rate and other – – – – 1 1 (1 ) 1 Balance at end of period $ 2 $ 1 $ (19 ) $ (16 ) $ 4 $ 2 $ (10 ) $ (4 ) For the nine months ended July 31, 2022 July 31, 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 $ (12 ) $ (9 ) $ 12 $ – $ (4 ) $ 8 Provision for credit losses Model changes – – – – (4 ) – – (4 ) Transfers to stage 1 1 (1 ) – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – – – – – – – Purchases 2 – – 2 7 – – 7 Sales and maturities (1 ) – – (1 ) (8 ) (1 ) – (9 ) Changes in risk, parameters and exposures (1 ) – (7 ) (8 ) (3 ) 3 (6 ) (6 ) Exchange rate and other (1 ) 1 – – – – – – Balance at end of period $ 2 $ 1 $ (19 ) $ (16 ) $ 4 $ 2 $ (10 ) $ (4 ) (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 July 31, 2022 July 31, 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 $ 16 $ – $ 25 $ 11 $ 17 $ – $ 28 Provision for credit losses Model changes – – – – (4 ) – – (4 ) Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – – – – – – – Purchases 1 – – 1 1 – – 1 Sales and maturities – – – – – – – – Changes in risk, parameters and exposures (3 ) (2 ) – (5 ) – – – – Exchange rate and other – 1 – 1 – – – – Balance at end of period $ 7 $ 15 $ – $ 22 $ 8 $ 17 $ – $ 25 For the nine months ended July 31, 2022 July 31, 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 Model changes – – – – (4 ) – – (4 ) Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – – – – – – – Purchases 9 – – 9 8 – – 8 Sales and maturities (1 ) – – (1 ) (1 ) – – (1 ) Changes in risk, parameters and exposures (6 ) (4 ) – (10 ) (5 ) – – (5 ) Exchange rate and other – 1 – 1 – (2 ) – (2 ) Balance at end of period $ 7 $ 15 $ – $ 22 $ 8 $ 17 $ – $ 25
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 July 31, 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 $ 81,252 $ 56 $ – $ 81,308 $ 77,147 $ 82 $ – $ 77,229 Non-investment 611 – – 611 423 – – 423 Impaired – – 150 150 – – 150 150 81,863 56 150 82,069 77,570 82 150 77,802 Items not subject to impairment (2) 536 533 $ 82,605 $ 78,335 Securities at amortized cost Investment grade $ 73,137 $ – $ – $ 73,137 $ 66,033 $ – $ – $ 66,033 Non-investment 864 225 – 1,089 928 211 – 1,139 Impaired – – – – – – – – 74,001 225 – 74,226 66,961 211 – 67,172 Allowance for credit losses 7 15 – 22 5 18 – 23 Amortized cost $ 73,994 $ 210 $ – $ 74,204 $ 66,956 $ 193 $ – $ 67,149 (1) Reflects $150 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)	9 Months Ended
	Jul. 31, 2022
Text Block [Abstract]
Disclosure of allowance for credit losses	Allowance for credit losses For the three months ended July 31, 2022 July 31, 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 $ 388 $ 51 $ (7 ) $ (3 ) $ 429 $ 495 $ (40 ) $ (6 ) $ – $ 449 Personal 943 107 (60 ) – 990 1,275 (33 ) (57 ) (2 ) 1,183 Credit cards 795 128 (89 ) 1 835 1,135 (94 ) (80 ) 1 962 Small business 179 10 (5 ) 3 187 189 (1 ) (5 ) (2 ) 181 Wholesale 1,541 63 (39 ) (25 ) 1,540 2,311 (273 ) (16 ) 3 2,025 Customers’ liability under acceptances 41 (12 ) – 1 30 120 (51 ) – (2 ) 67 $ 3,887 $ 347 $ (200 ) $ (23 ) $ 4,011 $ 5,525 $ (492 ) $ (164 ) $ (2 ) $ 4,867 Presented as: Allowance for loan losses $ 3,566 $ 3,667 $ 5,146 $ 4,588 Other liabilities – Provisions 275 309 227 203 Customers’ liability under acceptances 41 30 120 67 Other components of equity 5 5 32 9 For the nine months ended July 31, 2022 July 31, 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 $ 29 $ (19 ) $ 3 $ 429 $ 518 $ (23 ) $ (20 ) $ (26 ) $ 449 Personal 1,079 86 (172 ) (3 ) 990 1,309 78 (195 ) (9 ) 1,183 Credit cards 875 201 (243 ) 2 835 1,246 (52 ) (230 ) (2 ) 962 Small business 177 18 (15 ) 7 187 140 8 (15 ) 48 181 Wholesale 1,797 (171 ) (60 ) (26 ) 1,540 2,795 (427 ) (138 ) (205 ) 2,025 Customers’ liability under acceptances 75 (46 ) – 1 30 107 (38 ) – (2 ) 67 $ 4,419 $ 117 $ (509 ) $ (16 ) $ 4,011 $ 6,115 $ (454 ) $ (598 ) $ (196 ) $ 4,867 Presented as: Allowance for loan losses $ 4,089 $ 3,667 $ 5,639 $ 4,588 Other liabilities – Provisions 241 309 363 203 Customers’ liability under acceptances 75 30 107 67 Other components of equity 14 5 6 9
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 July 31, 2022 July 31, 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 $ 184 $ 71 $ 133 $ 388 $ 192 $ 148 $ 155 $ 495 Provision for credit losses Model changes – – – – (6 ) (5 ) – (11 ) Transfers to stage 1 22 (17 ) (5 ) – 41 (36 ) (5 ) – Transfers to stage 2 (2 ) 3 (1 ) – (2 ) 3 (1 ) – Transfers to stage 3 – (5 ) 5 – (1 ) (11 ) 12 – Originations 55 – – 55 31 – – 31 Maturities (6 ) (1 ) – (7 ) (7 ) (3 ) – (10 ) Changes in risk, parameters and exposures (21 ) 21 3 3 (64 ) 9 5 (50 ) Write–offs – – (9 ) (9 ) – – (9 ) (9 ) Recoveries – – 2 2 – – 3 3 Exchange rate and other (2 ) – (1 ) (3 ) 2 2 (4 ) – Balance at end of period $ 230 $ 72 $ 127 $ 429 $ 186 $ 107 $ 156 $ 449 Personal Balance at beginning of period $ 310 $ 550 $ 83 $ 943 $ 491 $ 680 $ 104 $ 1,275 Provision for credit losses Model changes – – – – (1 ) – – (1 ) Transfers to stage 1 132 (131 ) (1 ) – 204 (202 ) (2 ) – Transfers to stage 2 (30 ) 30 – – (19 ) 19 – – Transfers to stage 3 – (12 ) 12 – (1 ) (13 ) 14 – Originations 30 – – 30 35 – – 35 Maturities (16 ) (24 ) – (40 ) (22 ) (34 ) – (56 ) Changes in risk, parameters and exposures (133 ) 200 50 117 (195 ) 151 33 (11 ) Write–offs – – (94 ) (94 ) – – (95 ) (95 ) Recoveries – – 34 34 – – 38 38 Exchange rate and other – – – – – – (2 ) (2 ) Balance at end of period $ 293 $ 613 $ 84 $ 990 $ 492 $ 601 $ 90 $ 1,183 Credit cards Balance at beginning of period $ 169 $ 626 $ – $ 795 $ 326 $ 809 $ – $ 1,135 Provision for credit losses Transfers to stage 1 99 (99 ) – – 197 (197 ) – – Transfers to stage 2 (21 ) 21 – – (22 ) 22 – – Transfers to stage 3 (1 ) (87 ) 88 – (1 ) (94 ) 95 – Originations 1 – – 1 1 – – 1 Maturities (1 ) (8 ) – (9 ) (1 ) (9 ) – (10 ) Changes in risk, parameters and exposures (71 ) 207 – 136 (220 ) 151 (16 ) (85 ) Write–offs – – (132 ) (132 ) – – (123 ) (123 ) Recoveries – – 43 43 – – 43 43 Exchange rate and other – – 1 1 (1 ) 1 1 1 Balance at end of period $ 175 $ 660 $ – $ 835 $ 279 $ 683 $ – $ 962 Small business Balance at beginning of period $ 77 $ 66 $ 36 $ 179 $ 81 $ 71 $ 37 $ 189 Provision for credit losses Model changes – – – – 3 1 – 4 Transfers to stage 1 9 (9 ) – – 10 (10 ) – – Transfers to stage 2 (4 ) 4 – – (1 ) 1 – – Transfers to stage 3 (1 ) – 1 – – (1 ) 1 – Originations 8 – – 8 11 – – 11 Maturities (6 ) (7 ) – (13 ) (5 ) (11 ) – (16 ) Changes in risk, parameters and exposures (8 ) 12 11 15 (8 ) 5 3 – Write–offs – – (7 ) (7 ) – – (7 ) (7 ) Recoveries – – 2 2 – – 2 2 Exchange rate and other 3 3 (3 ) 3 – – (2 ) (2 ) Balance at end of period $ 78 $ 69 $ 40 $ 187 $ 91 $ 56 $ 34 $ 181 Wholesale Balance at beginning of period $ 483 $ 590 $ 468 $ 1,541 $ 764 $ 1,024 $ 523 $ 2,311 Provision for credit losses Model changes – – – – 1 24 – 25 Transfers to stage 1 66 (66 ) – – 194 (193 ) (1 ) – Transfers to stage 2 (14 ) 15 (1 ) – (20 ) 21 (1 ) – Transfers to stage 3 – (21 ) 21 – (2 ) (17 ) 19 – Originations 165 – – 165 129 – – 129 Maturities (103 ) (68 ) – (171 ) (116 ) (129 ) – (245 ) Changes in risk, parameters and exposures (48 ) 130 (13 ) 69 (346 ) 174 (10 ) (182 ) Write–offs – – (48 ) (48 ) – – (34 ) (34 ) Recoveries – – 9 9 – – 18 18 Exchange rate and other (5 ) (5 ) (15 ) (25 ) 6 9 (12 ) 3 Balance at end of period $ 544 $ 575 $ 421 $ 1,540 $ 610 $ 913 $ 502 $ 2,025 For the nine months ended July 31, 2022 July 31, 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 Model changes – – – – (6 ) (5 ) – (11 ) Transfers to stage 1 82 (67 ) (15 ) – 161 (146 ) (15 ) – Transfers to stage 2 (8 ) 10 (2 ) – (12 ) 15 (3 ) – Transfers to stage 3 (1 ) (20 ) 21 – (2 ) (38 ) 40 – Originations 114 – – 114 84 – – 84 Maturities (18 ) (5 ) – (23 ) (23 ) (21 ) – (44 ) Changes in risk, parameters and exposures (125 ) 60 3 (62 ) (220 ) 150 18 (52 ) Write-offs – – (29 ) (29 ) – – (28 ) (28 ) Recoveries – – 10 10 – – 8 8 Exchange rate and other – 2 1 3 (2 ) (8 ) (16 ) (26 ) Balance at end of period $ 230 $ 72 $ 127 $ 429 $ 186 $ 107 $ 156 $ 449 Personal Balance at beginning of period $ 422 $ 569 $ 88 $ 1,079 $ 480 $ 733 $ 96 $ 1,309 Provision for credit losses Model changes – – – – (1 ) – – (1 ) Transfers to stage 1 459 (457 ) (2 ) – 546 (542 ) (4 ) – Transfers to stage 2 (91 ) 91 – – (71 ) 71 – – Transfers to stage 3 (1 ) (37 ) 38 – (2 ) (45 ) 47 – Originations 78 – – 78 96 – – 96 Maturities (54 ) (74 ) – (128 ) (69 ) (103 ) – (172 ) Changes in risk, parameters and exposures (520 ) 521 135 136 (485 ) 489 151 155 Write-offs – – (269 ) (269 ) – – (301 ) (301 ) Recoveries – – 97 97 – – 106 106 Exchange rate and other – – (3 ) (3 ) (2 ) (2 ) (5 ) (9 ) Balance at end of period $ 293 $ 613 $ 84 $ 990 $ 492 $ 601 $ 90 $ 1,183 Credit cards Balance at beginning of period $ 233 $ 642 $ – $ 875 $ 364 $ 882 $ – $ 1,246 Provision for credit losses Transfers to stage 1 374 (374 ) – – 575 (575 ) – – Transfers to stage 2 (72 ) 72 – – (80 ) 80 – – Transfers to stage 3 (2 ) (238 ) 240 – (3 ) (230 ) 233 – Originations 7 – – 7 4 – – 4 Maturities (4 ) (22 ) – (26 ) (5 ) (24 ) – (29 ) Changes in risk, parameters and exposures (362 ) 580 2 220 (574 ) 550 (3 ) (27 ) Write-offs – – (370 ) (370 ) – – (350 ) (350 ) Recoveries – – 127 127 – – 120 120 Exchange rate and other 1 – 1 2 (2 ) – – (2 ) Balance at end of period $ 175 $ 660 $ – $ 835 $ 279 $ 683 $ – $ 962 Small business Balance at beginning of period $ 88 $ 55 $ 34 $ 177 $ 78 $ 29 $ 33 $ 140 Provision for credit losses Model changes – – – – 3 1 – 4 Transfers to stage 1 18 (18 ) – – 49 (49 ) – – Transfers to stage 2 (12 ) 12 – – (7 ) 7 – – Transfers to stage 3 (1 ) (2 ) 3 – – (2 ) 2 – Originations 25 – – 25 28 – – 28 Maturities (17 ) (19 ) – (36 ) (16 ) (17 ) – (33 ) Changes in risk, parameters and exposures (31 ) 36 24 29 (67 ) 57 19 9 Write-offs – – (22 ) (22 ) – – (21 ) (21 ) Recoveries – – 7 7 – – 6 6 Exchange rate and other 8 5 (6 ) 7 23 30 (5 ) 48 Balance at end of period $ 78 $ 69 $ 40 $ 187 $ 91 $ 56 $ 34 $ 181 Wholesale Balance at beginning of period $ 566 $ 794 $ 437 $ 1,797 $ 995 $ 1,132 $ 668 $ 2,795 Provision for credit losses Model changes – – – – 1 24 – 25 Transfers to stage 1 334 (331 ) (3 ) – 449 (445 ) (4 ) – Transfers to stage 2 (55 ) 56 (1 ) – (107 ) 134 (27 ) – Transfers to stage 3 (2 ) (48 ) 50 – (4 ) (54 ) 58 – Originations 448 – – 448 489 – – 489 Maturities (301 ) (259 ) – (560 ) (414 ) (403 ) – (817 ) Changes in risk, parameters and exposures (444 ) 354 31 (59 ) (747 ) 594 29 (124 ) Write-offs – – (97 ) (97 ) – – (183 ) (183 ) Recoveries – – 37 37 – – 45 45 Exchange rate and other (2 ) 9 (33 ) (26 ) (52 ) (69 ) (84 ) (205 ) Balance at end of period $ 544 $ 575 $ 421 $ 1,540 $ 610 $ 913 $ 502 $ 2,025
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 Financial Instruments . As at July 31, 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 $ 334,597 $ 3,839 $ – $ 338,436 $ 310,334 $ 1,507 $ – $ 311,841 Medium risk 14,160 2,602 – 16,762 15,152 2,051 – 17,203 High risk 1,141 2,748 – 3,889 3,343 634 – 3,977 Not rated (1) 49,248 972 – 50,220 45,512 913 – 46,425 Impaired – – 537 537 – – 645 645 399,146 10,161 537 409,844 374,341 5,105 645 380,091 Items not subject to impairment (2) 340 241 Total $ 410,184 $ 380,332 Loans outstanding – Personal Low risk $ 73,815 $ 1,985 $ – $ 75,800 $ 72,267 $ 698 $ – $ 72,965 Medium risk 5,144 3,992 – 9,136 4,974 4,551 – 9,525 High risk 346 1,418 – 1,764 687 1,045 – 1,732 Not rated (1) 9,338 89 – 9,427 8,934 88 – 9,022 Impaired – – 176 176 – – 197 197 Total $ 88,643 $ 7,484 $ 176 $ 96,303 $ 86,862 $ 6,382 $ 197 $ 93,441 Loans outstanding – Credit cards Low risk $ 14,484 $ 57 $ – $ 14,541 $ 12,864 $ 24 $ – $ 12,888 Medium risk 1,362 1,789 – 3,151 1,646 1,645 – 3,291 High risk 41 1,096 – 1,137 136 937 – 1,073 Not rated (1) 636 34 – 670 527 43 – 570 Total $ 16,523 $ 2,976 $ – $ 19,499 $ 15,173 $ 2,649 $ – $ 17,822 Loans outstanding – Small business Low risk $ 8,755 $ 484 $ – $ 9,239 $ 8,609 $ 274 $ – $ 8,883 Medium risk 1,468 1,124 – 2,592 1,583 979 – 2,562 High risk 126 319 – 445 227 218 – 445 Not rated (1) 9 – – 9 4 – – 4 Impaired – – 118 118 – – 109 109 Total $ 10,358 $ 1,927 $ 118 $ 12,403 $ 10,423 $ 1,471 $ 109 $ 12,003 Undrawn loan commitments – Retail Low risk $ 243,614 $ 1,479 $ – $ 245,093 $ 229,516 $ 574 $ – $ 230,090 Medium risk 8,771 200 – 8,971 9,475 133 – 9,608 High risk 882 326 – 1,208 1,205 97 – 1,302 Not rated (1) 5,608 108 – 5,716 4,854 90 – 4,944 Total $ 258,875 $ 2,113 $ – $ 260,988 $ 245,050 $ 894 $ – $ 245,944 Wholesale – Loans outstanding Investment grade $ 82,191 $ 225 $ – $ 82,416 $ 62,975 $ 226 $ – $ 63,201 Non-investment 142,007 13,830 – 155,837 117,396 15,146 – 132,542 Not rated (1) 10,916 312 – 11,228 9,339 430 – 9,769 Impaired – – 1,228 1,228 – – 1,357 1,357 235,114 14,367 1,228 250,709 189,710 15,802 1,357 206,869 Items not subject to impairment (2) 10,883 11,197 Total $ 261,592 $ 218,066 Undrawn loan commitments – Wholesale Investment grade $ 267,452 $ 404 $ – $ 267,856 $ 246,539 $ 1,122 $ – $ 247,661 Non-investment 121,896 9,514 – 131,410 108,063 12,377 – 120,440 Not rated (1) 3,845 – – 3,845 3,476 1 – 3,477 Total $ 393,193 $ 9,918 $ – $ 403,111 $ 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 July 31, 2022 October 31, 2021 (Millions of Canadian dollars) 30 to 89 days 90 days Total 30 to 89 days 90 days Total Retail $ 1,248 $ 150 $ 1,398 $ 1,105 $ 137 $ 1,242 Wholesale 1,857 12 1,869 1,230 – 1,230 $ 3,105 $ 162 $ 3,267 $ 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 refinancing, 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)	9 Months Ended
	Jul. 31, 2022
Text Block [Abstract]
Summary of Deposit Liabilities	As at July 31, 2022 October 31, 2021 (Millions of Canadian dollars) Demand Notice Term Total Demand (1) Notice (2) Term (3) Total Personal $ 212,348 $ 66,470 $ 113,449 $ 392,267 $ 207,493 $ 64,613 $ 90,382 $ 362,488 Business and government 349,919 16,751 372,797 739,467 356,020 20,800 319,533 696,353 Bank 12,358 485 34,027 46,870 12,549 449 28,992 41,990 $ 574,625 $ 83,706 $ 520,273 $ 1,178,604 $ 576,062 $ 85,862 $ 438,907 $ 1,100,831 Non-interest-bearing (4) Canada $ 155,873 $ 8,131 $ 499 $ 164,503 $ 151,475 $ 8,051 $ 713 $ 160,239 United States 53,378 – – 53,378 54,021 – – 54,021 Europe (5) 475 – – 475 632 – – 632 Other International 8,471 – – 8,471 8,002 – – 8,002 Interest-bearing (4) Canada 313,493 19,169 373,680 706,342 315,464 19,857 312,987 648,308 United States 9,534 56,012 82,644 148,190 6,978 57,260 77,597 141,835 Europe (5) 28,626 394 48,457 77,477 34,278 693 36,788 71,759 Other International 4,775 – 14,993 19,768 5,212 1 10,822 16,035 $ 574,625 $ 83,706 $ 520,273 $ 1,178,604 $ 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 July 31, 2022, deposits denominated in U.S. dollars, British pounds, Euro and other foreign currencies were $448 billion billion billion billion 2021 – $ (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) July 31 2022 October 31 2021 Within 1 year: less than 3 months $ 152,461 $ 133,776 3 to 6 months 58,906 64,062 6 to 12 months 125,192 83,871 1 to 2 years 52,844 45,532 2 to 3 years 39,009 29,204 3 to 4 years 25,688 24,573 4 to 5 years 33,209 25,329 Over 5 years 32,964 32,560 $ 520,273 $ 438,907 Aggregate amount of term deposits in denominations of one hundred thousand dollars or more $ 484,000 $ 416,000

Employee benefits - Pension a_2

Employee benefits - Pension and other post-employment benefits (Tables)	9 Months Ended
	Jul. 31, 2022
Text Block [Abstract]
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) July 31 2022 July 31 2021 July 31 2022 July 31 2021 Current service costs $ 77 $ 90 $ 11 $ 11 Past service costs – – – – Net interest expense (income) (21 ) 2 16 15 Remeasurements of other long-term benefits – – (10 ) – Administrative expense 3 3 – – Defined benefit pension expense 59 95 17 26 Defined contribution pension expense 58 56 – – $ 117 $ 151 $ 17 $ 26 For the nine months ended Pension plans Other post-employment benefit plans (Millions of Canadian dollars) July 31 2022 July 31 2021 July 31 2022 July 31 2021 Current service costs $ 232 $ 270 $ 28 $ 33 Past service costs (1 ) – 2 – Net interest expense (income) (63 ) 6 47 43 Remeasurements of other long-term benefits – – (23 ) (10 ) Administrative expense 10 9 – – Defined benefit pension expense 178 285 54 66 Defined contribution pension expense 188 179 – – $ 366 $ 464 $ 54 $ 66
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) July 31 2022 July 31 2021 July 31 2022 July 31 2021 Actuarial (gains) losses: Changes in financial assumptions (2) $ 81 $ 732 $ 16 $ 46 Experience adjustments – – (1 ) (1 ) Return on plan assets (excluding interest based on discount rate) 338 (882 ) – – $ 419 $ (150 ) $ 15 $ 45 For the nine months ended Defined benefit pension plans Other post-employment benefit plans (Millions of Canadian dollars) July 31 2022 July 31 2021 July 31 2022 July 31 2021 Actuarial (gains) losses: Changes in financial assumptions (2) $ (2,917 ) $ (660 ) $ (241 ) $ (89 ) Experience adjustments 1 – (4 ) (4 ) Return on plan assets (excluding interest based on discount rate) 2,180 (1,679 ) – – $ (736 ) $ (2,339 ) $ (245 ) $ (93 ) (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)	9 Months Ended
	Jul. 31, 2022
Text Block [Abstract]
Summary of Common Shares Issued	For the three months ended July 31, 2022 July 31, 2021 (Millions of Canadian dollars, except number of shares) Number of Amount Number of Amount Issued in connection with share-based compensation plans (2) 100 $ 8 311 $ 24 Purchased for cancellation (3) (10,445 ) (129 ) – – (10,345 ) $ (121 ) 311 $ 24 For the nine months ended July 31, 2022 July 31, 2021 (Millions of Canadian dollars, except number of shares) Number of Amount Number of Amount Issued in connection with share-based compensation plans (2) 612 $ 50 1,131 $ 85 Purchased for cancellation (3) (33,016 ) (411 ) – – (32,404 ) $ (361 ) 1,131 $ 85 (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 nine months ended July 31, 2022 and July 31, 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 July 31, 2022, we purchased for cancellation common shares at a total fair value of $1,338 million (average cost of During the nine months ended July 31, 2022, we purchased for cancellation common shares at a total fair value of

Earnings per share (Tables)

Earnings per share (Tables)	9 Months Ended
	Jul. 31, 2022
Text Block [Abstract]
Summary of Earnings Per Share	For the three months ended For the nine months ended (Millions of Canadian dollars, except share and per share amounts) July 31 2022 July 31 2021 July 31 2022 July 31 2021 Basic earnings per share Net income $ 3,577 $ 4,296 $ 11,925 $ 12,158 Dividends on preferred shares and distributions on other equity instruments (58 ) (55 ) (180 ) (189 ) Net income attributable to non-controlling (2 ) (4 ) (7 ) (7 ) Net income available to common shareholders $ 3,517 $ 4,237 $ 11,738 $ 11,962 Weighted average number of common shares (in thousands) 1,396,381 1,424,614 1,409,292 1,424,278 Basic earnings per share (in dollars) $ 2.52 $ 2.97 $ 8.33 $ 8.40 Diluted earnings per share Net income available to common shareholders $ 3,517 $ 4,237 $ 11,738 $ 11,962 Weighted average number of common shares (in thousands) 1,396,381 1,424,614 1,409,292 1,424,278 Stock options (1) 1,680 1,987 2,039 1,596 Issuable under other share-based compensation plans 606 597 603 674 Average number of diluted common shares (in thousands) 1,398,667 1,427,198 1,411,934 1,426,548 Diluted earnings per share (in dollars) $ 2.51 $ 2.97 $ 8.31 $ 8.39 (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 month s

Results by business segment (Ta

Results by business segment (Tables)	9 Months Ended
	Jul. 31, 2022
Text Block [Abstract]
Disclosure of operating segments	For the three months ended July 31, 2022 (Millions of Canadian dollars) Personal & Wealth Insurance Investor & Capital Corporate Total Net interest income (2) $ 3,655 $ 960 $ – $ 188 $ 1,136 $ (49 ) $ 5,890 Non-interest 1,527 2,695 1,233 394 513 (120 ) 6,242 Total revenue 5,182 3,655 1,233 582 1,649 (169 ) 12,132 Provision for credit losses 324 13 – (3 ) 6 – 340 Insurance policyholder benefits, claims and acquisition expense – – 850 – – – 850 Non-interest 2,130 2,618 139 374 1,123 2 6,386 Income (loss) before income taxes 2,728 1,024 244 211 520 (171 ) 4,556 Income taxes (recoveries) 705 247 58 47 41 (119 ) 979 Net income $ 2,023 $ 777 $ 186 $ 164 $ 479 $ (52 ) $ 3,577 Non-interest Depreciation and amortization $ 239 $ 227 $ 14 $ 47 $ 126 $ 3 $ 656 For the three months ended July 31, 2021 (Millions of Canadian dollars) Personal & Wealth Insurance Investor & Capital Corporate Total Net interest income (2) $ 3,206 $ 682 $ – $ 127 $ 1,122 $ (85 ) $ 5,052 Non-interest 1,445 2,691 1,754 390 1,341 83 7,704 Total revenue 4,651 3,373 1,754 517 2,463 (2 ) 12,756 Provision for credit losses (179 ) (21 ) – (3 ) (337 ) – (540 ) Insurance policyholder benefits, claims and acquisition expense – – 1,304 – – – 1,304 Non-interest 1,998 2,434 155 401 1,363 69 6,420 Income (loss) before income taxes 2,832 960 295 119 1,437 (71 ) 5,572 Income taxes (recoveries) 719 216 61 31 308 (59 ) 1,276 Net income $ 2,113 $ 744 $ 234 $ 88 $ 1,129 $ (12 ) $ 4,296 Non-interest Depreciation and amortization $ 236 $ 216 $ 15 $ 50 $ 125 $ 1 $ 643 For the nine months ended July 31, 2022 (Millions of Canadian dollars) Personal & Wealth Insurance Investor & Capital Corporate Total Net interest income (2) $ 10,118 $ 2,485 $ – $ 499 $ 3,558 $ (225 ) $ 16,435 Non-interest 4,606 8,388 2,866 1,221 3,249 (347 ) 19,983 Total revenue 14,724 10,873 2,866 1,720 6,807 (572 ) 36,418 Provision for credit losses 177 (29 ) – (3 ) (43 ) 1 103 Insurance policyholder benefits, claims and acquisition expense – – 1,667 – – – 1,667 Non-interest 6,167 7,843 431 1,192 3,945 (178 ) 19,400 Income (loss) before income taxes 8,380 3,059 768 531 2,905 (395 ) 15,248 Income taxes (recoveries) 2,149 737 179 128 601 (471 ) 3,323 Net income $ 6,231 $ 2,322 $ 589 $ 403 $ 2,304 $ 76 $ 11,925 Non-interest Depreciation and amortization $ 704 $ 683 $ 43 $ 146 $ 373 $ 7 $ 1,956 For the nine months ended July 31, 2021 (Millions of Canadian dollars) Personal & Wealth Insurance Investor & Capital Corporate Total Net interest income (2) $ 9,452 $ 2,014 $ – $ 305 $ 3,442 $ (272 ) $ 14,941 Non-interest 4,289 7,838 4,099 1,311 4,447 392 22,376 Total revenue 13,741 9,852 4,099 1,616 7,889 120 37,317 Provision for credit losses 21 (52 ) – (7 ) (487 ) (1 ) (526 ) Insurance policyholder benefits, claims and acquisition expense – – 2,859 – – – 2,859 Non-interest 5,891 7,211 444 1,177 4,272 346 19,341 Income (loss) before income taxes 7,829 2,693 796 446 4,104 (225 ) 15,643 Income taxes (recoveries) 2,015 625 174 115 837 (281 ) 3,485 Net income $ 5,814 $ 2,068 $ 622 $ 331 $ 3,267 $ 56 $ 12,158 Non-interest Depreciation and amortization $ 689 $ 654 $ 44 $ 146 $ 376 $ 3 $ 1,912 (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 July 31, 2022 (Millions of Canadian dollars) Personal & Wealth Insurance Investor & Capital Corporate Total Total assets $ 590,955 $ 155,144 $ 22,342 $ 256,579 $ 759,763 $ 57,309 $ 1,842,092 Total liabilities 590,888 155,549 22,860 256,550 759,894 (47,647 ) 1,738,094 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 liabilities 549,619 149,096 22,966 239,960 691,767 (45,847 ) 1,607,561

Capital management (Tables)

Capital management (Tables)	9 Months Ended
	Jul. 31, 2022
Text Block [Abstract]
Summary of Regulatory Capital and Capital Ratios	As at (Millions of Canadian dollars, except percentage amounts and as otherwise noted) July 31 2022 October 31 2021 Capital (1) CET1 capital $ 76,907 $ 75,583 Tier 1 capital 84,207 82,246 Total capital 93,857 92,026 Risk-weighted assets (RWA) used in calculation of capital ratios (1) Credit risk $ 478,686 $ 444,142 Market risk 34,551 34,806 Operational risk 75,813 73,593 Total RWA $ 589,050 $ 552,541 Capital ratios and Leverage ratio (1) CET1 ratio 13.1% 13.7% Tier 1 capital ratio 14.3% 14.9% Total capital ratio 15.9% 16.7% Leverage ratio 4.6% 4.9% Leverage ratio exposure (billions) $ 1,840 $ 1,662 TLAC available and ratios (2), (3) TLAC available $ 162,284 n.a. TLAC ratio 27.6% n.a. TLAC leverage ratio 8.8% 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 (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 n.a. not applicable

Summary of significant accoun_4

Summary of significant accounting policies, estimates and judgments -Summary of Nominal Amount of Hedging Instruments (Detail) $ in Millions	Nov. 01, 2021 CAD ($)
Disclosure of detailed information about hedging instruments [line items]
Notional amount	$ 77,321
Interest rate swap contract [member] | CDOR [Member]
Disclosure of detailed information about hedging instruments [line items]
Notional amount	76,931
Total Return Swap [Member] | CDOR [Member]
Disclosure of detailed information about hedging instruments [line items]
Notional amount	$ 390

Summary of significant accoun_5

Summary of significant accounting policies, estimates and judgments - Summary of Bank's Significant Exposures to Financial Instruments (Detail) - CDOR [Member] $ in Millions	Nov. 01, 2021 CAD ($)
Statement [Line Items]
Non-derivative financial assets	$ 9,226
Non-derivative financial liabilities	14,797
Derivative notional	$ 1,460,770

Summary of significant accoun_6

Summary of significant accounting policies, estimates and judgments -Summary of Undrawn Balances of Loan Commitments (Detail) $ in Millions	Nov. 01, 2021 CAD ($)
Authorized and committed undrawn commitments [Member] | CDOR [Member]
Statement [Line Items]
Undrawn borrowing facilities	$ 15,644

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	Jul. 31, 2022	Oct. 31, 2021
Financial assets
Interest-bearing deposits with banks	$ 98,145	$ 79,638
Securities
Trading	141,986	139,240
Investment, net of applicable allowance	156,809	145,484
Securities	298,795	284,724
Assets purchased under reverse repurchase agreements and securities borrowed	318,565	307,903
Loans, net of applicable allowance
Loans, net	796,314	717,575
Other
Derivatives	122,058	95,541
Deposits
Personal	392,267	362,488
Business and government	739,467	696,353
Bank	46,870	41,990
Deposits	1,178,604	1,100,831
Other
Obligations related to securities sold short	38,504	37,841
Obligations related to assets sold under repurchase agreements and securities loaned	281,149	262,201
Derivatives	119,868	91,439
Subordinated debentures	10,111	9,593
Financial assets classified as FVTPL [member]
Securities
Trading	131,696	125,801
Securities	131,696	125,801
Assets purchased under reverse repurchase agreements and securities borrowed	268,448	265,011
Loans, net of applicable allowance
Retail	66
Wholesale	7,697	8,428
Loans, net	7,763	8,428
Other
Derivatives	122,058	95,541
Other assets	3,923	4,109
Financial assets designated as FVTPL [member]
Financial assets
Interest-bearing deposits with banks	86,863	56,896
Securities
Trading	10,290	13,439
Securities	10,290	13,439
Loans, net of applicable allowance
Retail	274	241
Wholesale	3,186	2,769
Loans, net	3,460	3,010
Financial assets classified as FVOCI [member]
Securities
Investment, net of applicable allowance	82,069	77,802
Securities	82,069	77,802
Loans, net of applicable allowance
Retail	207	327
Wholesale	592	813
Loans, net	799	1,140
Financial assets designated as FVOCI [member]
Securities
Investment, net of applicable allowance	536	533
Securities	536	533
Financial liabilities classified as FVTPL [member]
Deposits
Personal	297	321
Business and government	539	739
Deposits	836	1,060
Other
Obligations related to securities sold short	38,504	37,841
Derivatives	119,868	91,439
Other liabilities	357	654
Financial liabilities designated as FVTPL [member]
Deposits
Personal	18,667	18,328
Business and government	147,842	131,630
Bank	9,979	17,251
Deposits	176,488	167,209
Other
Obligations related to assets sold under repurchase agreements and securities loaned	259,108	236,147
Other liabilities	73	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	11,282	22,742
Securities
Investment, net of applicable allowance	70,565	66,823
Securities	70,565	66,823
Assets purchased under reverse repurchase agreements and securities borrowed	50,117	42,892
Loans, net of applicable allowance
Retail	510,000	502,277
Wholesale	243,385	204,683
Loans, net	753,385	706,960
Other
Other assets	68,922	58,483
Fair value of financial instruments not measured at fair value [member] | Financial liabilities measured at amortized cost [member]
Deposits
Personal	371,179	344,040
Business and government	589,726	565,106
Bank	36,881	24,743
Deposits	997,786	933,889
Other
Obligations related to assets sold under repurchase agreements and securities loaned	22,041	26,054
Other liabilities	73,665	64,749
Subordinated debentures	9,850	9,601
Financial assets at carrying amount [member]
Financial assets
Interest-bearing deposits with banks	98,145	79,638
Securities
Trading	141,986	139,240
Investment, net of applicable allowance	156,809	145,484
Securities	298,795	284,724
Assets purchased under reverse repurchase agreements and securities borrowed	318,565	307,903
Loans, net of applicable allowance
Retail	536,147	501,189
Wholesale	260,167	216,386
Loans, net	796,314	717,575
Other
Derivatives	122,058	95,541
Other assets	72,845	62,592
Financial assets at carrying amount [member] | Financial assets measured at amortized cost [member]
Financial assets
Interest-bearing deposits with banks	11,282	22,742
Securities
Investment, net of applicable allowance	74,204	67,149
Securities	74,204	67,149
Assets purchased under reverse repurchase agreements and securities borrowed	50,117	42,892
Loans, net of applicable allowance
Retail	535,600	500,621
Wholesale	248,692	204,376
Loans, net	784,292	704,997
Other
Other assets	68,922	58,483
Financial assets at fair value [member]
Financial assets
Interest-bearing deposits with banks	98,145	79,638
Securities
Trading	141,986	139,240
Investment, net of applicable allowance	153,170	145,158
Securities	295,156	284,398
Assets purchased under reverse repurchase agreements and securities borrowed	318,565	307,903
Loans, net of applicable allowance
Retail	510,547	502,845
Wholesale	254,860	216,693
Loans, net	765,407	719,538
Other
Derivatives	122,058	95,541
Other assets	72,845	62,592
Financial liabilities at carrying amount [member]
Deposits
Personal	392,267	362,488
Business and government	739,467	696,353
Bank	46,870	41,990
Deposits	1,178,604	1,100,831
Other
Obligations related to securities sold short	38,504	37,841
Obligations related to assets sold under repurchase agreements and securities loaned	281,149	262,201
Derivatives	119,868	91,439
Other liabilities	74,228	65,571
Subordinated debentures	10,111	9,593
Financial liabilities at carrying amount [member] | Financial liabilities measured at amortized cost [member]
Deposits
Personal	373,303	343,839
Business and government	591,086	563,984
Bank	36,891	24,739
Deposits	1,001,280	932,562
Other
Obligations related to assets sold under repurchase agreements and securities loaned	22,041	26,054
Other liabilities	73,798	64,746
Subordinated debentures	10,111	9,593
Financial liabilities at fair value [member]
Deposits
Personal	390,143	362,689
Business and government	738,107	697,475
Bank	46,860	41,994
Deposits	1,175,110	1,102,158
Other
Obligations related to securities sold short	38,504	37,841
Obligations related to assets sold under repurchase agreements and securities loaned	281,149	262,201
Derivatives	119,868	91,439
Other liabilities	74,095	65,574
Subordinated debentures	$ 9,850	$ 9,601

Fair value of financial instr_4

Fair value of financial instrument - Additional Information (Detail) $ in Millions	3 Months Ended
	Jul. 31, 2022 CAD ($)
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

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	Jul. 31, 2022	Apr. 30, 2022	Oct. 31, 2021	Jul. 31, 2021	Apr. 30, 2021	Oct. 31, 2020
Financial assets
Interest-bearing deposits with banks	$ 98,145		$ 79,638
Trading
Trading securities	141,986		139,240
Investment
Assets purchased under reverse repurchase agreements and securities borrowed	318,565		307,903
Loans	796,314		717,575
Derivatives
Derivatives	122,058		95,541
Deposits
Personal	392,267		362,488
Business and government	739,467		696,353
Bank	46,870		41,990
Other
Obligations related to securities sold short	38,504		37,841
Obligations related to assets sold under repurchase agreements and securities loaned	281,149		262,201
Derivatives
Total derivatives	119,868		91,439
Netting adjustments [member]
Derivatives
Impact on Positive fair values (Derivative assets) of netting agreements that qualify for balance sheet offset	(1,286)		(314)
Financial assets	(1,286)		(314)
Derivatives
Impact on Negative fair values (Derivative liabilities) of netting agreements that qualify for balance sheet offset	(1,286)		(314)
Financial liabilities	(1,286)		(314)
Total gross fair value [member] | Level 1 [member]
Trading
Trading securities	57,305		68,747
Investment
Investment securities	2,130		2,031
Derivatives
Total gross derivatives, assets	2,803		3,175
Other assets	1,242		1,474
Financial assets	63,480		75,427
Other
Obligations related to securities sold short	16,021		18,345
Derivatives
Total gross derivatives, liabilities	3,439		3,699
Other liabilities	295		258
Financial liabilities	19,755		22,302
Total gross fair value [member] | Level 2 [member]
Financial assets
Interest-bearing deposits with banks	86,863		56,896
Trading
Trading securities	82,838		68,911
Investment
Investment securities	79,952		75,798
Assets purchased under reverse repurchase agreements and securities borrowed	268,448		265,011
Loans	11,128		11,501
Derivatives
Total gross derivatives, assets	119,970		92,251
Other assets	2,666		2,635
Financial assets	651,865		573,003
Deposits
Personal	18,783		18,498
Business and government	148,381		132,369
Bank	9,979		17,251
Other
Obligations related to securities sold short	22,483		19,496
Obligations related to assets sold under repurchase agreements and securities loaned	259,108		236,147
Derivatives
Total gross derivatives, liabilities	116,142		86,664
Other liabilities	132		560
Financial liabilities	575,008		510,985
Total gross fair value [member] | Level 3 [member]
Trading
Trading securities	1,843		1,582
Investment
Investment securities	523		506
Loans	894		1,077
Derivatives
Total gross derivatives, assets	571		429
Other assets	15
Financial assets	3,846		3,594
Deposits
Personal	181		151
Derivatives
Total gross derivatives, liabilities	1,573		1,390
Other liabilities	3		7
Financial liabilities	1,757		1,548
Total gross fair value [member] | Canadian government debt - issued or guaranteed, Federal [member] | Level 1 [member]
Trading
Trading securities	8,076		8,977
Investment
Investment securities	2,079		1,973
Total gross fair value [member] | Canadian government debt - issued or guaranteed, Federal [member] | Level 2 [member]
Trading
Trading securities	3,468		2,380
Investment
Investment securities	2,209		1,730
Total gross fair value [member] | Canadian government debt - issued or guaranteed, Provincial and municipal [member] | Level 2 [member]
Trading
Trading securities	14,071		11,068
Investment
Investment securities	3,197		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	594		215
Investment
Investment securities	10		12
Total gross fair value [member] | U.S. federal, state, municipal and agencies debt - issued or guaranteed [member] | Level 2 [member]
Trading
Trading securities	35,526		22,738
Investment
Investment securities	34,934		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	10		25
Total gross fair value [member] | Other OECD government debt - issued or guaranteed [member] | Level 1 [member]
Trading
Trading securities	1,894		2,729
Total gross fair value [member] | Other OECD government debt - issued or guaranteed [member] | Level 2 [member]
Trading
Trading securities	3,488		5,730
Investment
Investment securities	5,542		5,956
Total gross fair value [member] | Mortgage-backed securities [member] | Level 2 [member]
Trading
Trading securities	3		4
Investment
Investment securities	2,780		2,727
Total gross fair value [member] | Mortgage-backed securities [member] | Level 3 [member]
Investment
Investment securities	22		20
Total gross fair value [member] | Asset- backed securities, Non-CDO [member] | Level 2 [member]
Trading
Trading securities	1,045		891
Investment
Investment securities	502		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	21,814		23,085
Investment
Investment securities	23,641		19,625
Total gross fair value [member] | Corporate debt and other debt [member] | Level 3 [member]
Trading
Trading securities	12		25
Investment
Investment securities	152		152
Total gross fair value [member] | Equity securities [member] | Level 1 [member]
Trading
Trading securities	46,741		56,826
Investment
Investment securities	41		46
Total gross fair value [member] | Equity securities [member] | Level 2 [member]
Trading
Trading securities	3,423		3,015
Investment
Investment securities	146		153
Total gross fair value [member] | Equity securities [member] | Level 3 [member]
Trading
Trading securities	1,819		1,530
Investment
Investment securities	349		334
Total gross fair value [member] | Asset-backed securities, CDO [member] | Level 2 [member]
Investment
Investment securities	7,001		7,074
Total gross fair value [member] | Interest rate contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, assets	30,430		33,857
Total gross fair value [member] | Interest rate contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, assets	303		320
Total gross fair value [member] | Foreign exchange contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, assets	73,181		41,224
Total gross fair value [member] | Foreign exchange contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, assets	65		74
Total gross fair value [member] | Credit derivatives [member] | Level 2 [member]
Derivatives
Total gross derivatives, assets	357		34
Total gross fair value [member] | Other contracts [member] | Level 1 [member]
Derivatives
Total gross derivatives, assets	2,803		3,175
Total gross fair value [member] | Other contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, assets	17,903		17,955
Total gross fair value [member] | Other contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, assets	188		26
Total gross fair value [member] | Valuation adjustments [member] | Level 2 [member]
Derivatives
Total gross derivatives, assets	(1,901)		(819)
Total gross fair value [member] | Valuation adjustments [member] | Level 3 [member]
Derivatives
Total gross derivatives, assets	15		9
Total gross fair value [member] | Interest rate contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, liabilities	27,600		28,566
Total gross fair value [member] | Interest rate contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, liabilities	958		955
Total gross fair value [member] | Foreign exchange contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, liabilities	70,782		40,484
Total gross fair value [member] | Foreign exchange contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, liabilities	38		27
Total gross fair value [member] | Credit derivatives [member] | Level 2 [member]
Derivatives
Total gross derivatives, liabilities	122		120
Total gross fair value [member] | Other contracts [member] | Level 1 [member]
Derivatives
Total gross derivatives, liabilities	3,439		3,699
Total gross fair value [member] | Other contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, liabilities	18,406		17,456
Total gross fair value [member] | Other contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, liabilities	583		419
Total gross fair value [member] | Valuation adjustments [member] | Level 2 [member]
Derivatives
Total gross derivatives, liabilities	(768)		38
Total gross fair value [member] | Valuation adjustments [member] | Level 3 [member]
Derivatives
Total gross derivatives, liabilities	(6)		(11)
Recurring [member]
Financial assets
Interest-bearing deposits with banks	86,863		56,896
Trading
Trading securities	141,986		139,240
Investment
Investment securities	82,605		78,335
Assets purchased under reverse repurchase agreements and securities borrowed	268,448		265,011
Loans	12,022		12,578
Derivatives
Total gross derivatives, assets	123,344		95,855
Impact on Positive fair values (Derivative assets) of netting agreements that qualify for balance sheet offset	(1,286)		(314)
Derivatives	122,058		95,541
Other assets	3,923		4,109
Financial assets	717,905		651,710
Deposits
Personal	18,964		18,649
Business and government	148,381		132,369
Bank	9,979		17,251
Other
Obligations related to securities sold short	38,504		37,841
Obligations related to assets sold under repurchase agreements and securities loaned	259,108		236,147
Derivatives
Total gross derivatives, liabilities	121,154		91,753
Impact on Negative fair values (Derivative liabilities) of netting agreements that qualify for balance sheet offset	(1,286)		(314)
Total derivatives	119,868		91,439
Other liabilities	430		825
Financial liabilities	595,234		534,521
Recurring [member] | Level 3 [member]
Derivatives
Financial liabilities	(184)	$ (160)	(158)	$ (118)	$ (81)	$ (177)
Recurring [member] | Canadian government debt - issued or guaranteed, Federal [member]
Trading
Trading securities	11,544		11,357
Investment
Investment securities	4,288		3,703
Recurring [member] | Canadian government debt - issued or guaranteed, Provincial and municipal [member]
Trading
Trading securities	14,071		11,068
Investment
Investment securities	3,197		3,132
Recurring [member] | U.S. federal, state, municipal and agencies debt - issued or guaranteed [member]
Trading
Trading securities	36,130		22,978
Investment
Investment securities	34,944		34,827
Recurring [member] | Other OECD government debt - issued or guaranteed [member]
Trading
Trading securities	5,382		8,459
Investment
Investment securities	5,542		5,956
Recurring [member] | Mortgage-backed securities [member]
Trading
Trading securities	3		4
Investment
Investment securities	2,802		2,747
Recurring [member] | Asset- backed securities, Non-CDO [member]
Trading
Trading securities	1,047		893
Investment
Investment securities	502		586
Recurring [member] | Corporate debt and other debt [member]
Trading
Trading securities	21,826		23,110
Investment
Investment securities	23,793		19,777
Recurring [member] | Equity securities [member]
Trading
Trading securities	51,983		61,371
Investment
Investment securities	536		533
Recurring [member] | Asset-backed securities, CDO [member]
Investment
Investment securities	7,001		7,074
Recurring [member] | Interest rate contracts [member]
Derivatives
Total gross derivatives, assets	30,733		34,177
Recurring [member] | Foreign exchange contracts [member]
Derivatives
Total gross derivatives, assets	73,246		41,298
Recurring [member] | Credit derivatives [member]
Derivatives
Total gross derivatives, assets	357		34
Recurring [member] | Other contracts [member]
Derivatives
Total gross derivatives, assets	20,894		21,156
Recurring [member] | Valuation adjustments [member]
Derivatives
Total gross derivatives, assets	(1,886)		(810)
Recurring [member] | Interest rate contracts [member]
Derivatives
Total gross derivatives, liabilities	28,558		29,521
Recurring [member] | Foreign exchange contracts [member]
Derivatives
Total gross derivatives, liabilities	70,820		40,511
Recurring [member] | Credit derivatives [member]
Derivatives
Total gross derivatives, liabilities	122		120
Recurring [member] | Other contracts [member]
Derivatives
Total gross derivatives, liabilities	22,428		21,574
Recurring [member] | Valuation adjustments [member]
Derivatives
Total gross derivatives, liabilities	$ (774)		$ 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	Jul. 31, 2022	Oct. 31, 2021
Disclosure of Detailed Information about Financial Instruments [line Items]
Trading securities	$ 141,986	$ 139,240
Investment securities	156,809	145,484
Residential mortgage-backed securities [member]
Disclosure of Detailed Information about Financial Instruments [line Items]
Trading securities	12,168	13,124
Investment securities	14,571	13,542
Commercial mortgage-backed securities [member]
Disclosure of Detailed Information about Financial Instruments [line Items]
Trading securities	0	0
Investment securities	$ 2,866	$ 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		9 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance			$ 651,710
Fair value assets, ending balance	$ 717,905		717,905
Fair value liabilities, beginning balance			534,521
Fair value liabilities, ending balance	595,234		595,234
Level 3 [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	2,051	$ 2,114	2,204	$ 2,155
Gains (losses) included in earnings	3	95	46	77
Gains (losses) included in OCI	(3)	26	29	(80)
Purchases (issuances)	186	130	593	401
Settlement (sales) and other	(37)	(69)	(445)	(179)
Transfers into Level 3	52	(44)	(105)	(161)
Transfers out of Level 3	21	(147)	(49)	(108)
Fair value assets, ending balance	2,273	2,105	2,273	2,105
Gains (losses) included in earnings for positions still held	17	95	228	68
Fair value liabilities, beginning balance	(160)	(81)	(158)	(177)
Gains (losses) included in earnings	3	(7)	(6)	(40)
Gains (losses) included in OCI			(1)	6
Purchases (issuances)	(7)	(37)	(86)	(129)
Settlement (sales) and other	6	7	27	58
Transfers into Level 3	(39)	(36)	(75)	(113)
Transfers out of Level 3	13	36	115	277
Fair value liabilities, ending balance	(184)	(118)	(184)	(118)
Gains (losses) included in earnings for positions still held	5	(5)	10	29
Level 3 [member] | Investment [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	519	488	506	522
Gains (losses) included in OCI	2	5	43	(33)
Purchases (issuances)	2	4	10	4
Settlement (sales) and other		(3)	(1)	1
Transfers out of Level 3			(35)
Fair value assets, ending balance	523	494	523	494
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	(663)	(666)	(635)	(588)
Gains (losses) included in earnings	6	48	(151)	17
Gains (losses) included in OCI		1	(2)	(1)
Purchases (issuances)	(7)	(6)	93	6
Settlement (sales) and other	(8)	(4)	58	(44)
Transfers into Level 3	15	6	15	(3)
Transfers out of Level 3	2	(2)	(33)	(10)
Fair value assets, ending balance	(655)	(623)	(655)	(623)
Gains (losses) included in earnings for positions still held		47	38	(18)
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	24	46	47	22
Gains (losses) included in earnings	(13)	5	(60)	30
Gains (losses) included in OCI	(2)		(1)	1
Purchases (issuances)	1	(1)	22	14
Settlement (sales) and other	(2)	(13)	10	(27)
Transfers into Level 3	9		9	7
Transfers out of Level 3	10	(2)		(12)
Fair value assets, ending balance	27	35	27	35
Gains (losses) included in earnings for positions still held	(1)	5	(49)	(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	(436)	(341)	(393)	(301)
Gains (losses) included in earnings	10	2	194	5
Gains (losses) included in OCI	2	(5)	(9)	8
Purchases (issuances)	(23)		(138)	(56)
Settlement (sales) and other			48	47
Transfers into Level 3	10	(50)	(183)	(274)
Transfers out of Level 3	42	10	86	187
Fair value assets, ending balance	(395)	(384)	(395)	(384)
Gains (losses) included in earnings for positions still held	16	(13)	218	15
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	28	21	20	40
Purchases (issuances)	(7)		(7)
Settlement (sales) and other		(6)	(11)	(25)
Transfers into Level 3			19
Fair value assets, ending balance	21	15	21	15
Level 3 [member] | Other assets [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	15	2		53
Gains (losses) included in earnings				(39)
Gains (losses) included in OCI				(2)
Purchases (issuances)			15
Settlement (sales) and other		(2)		(12)
Fair value assets, ending balance	15		15
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	149	146	152	160
Gains (losses) included in OCI	3	7		(9)
Settlement (sales) and other		1		3
Fair value assets, ending balance	152	154	152	154
Level 3 [member] | Equities [member] | Investment [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	349	322	334	335
Gains (losses) included in OCI	(2)	(3)	41	(18)
Purchases (issuances)	2	4	10	4
Transfers out of Level 3			(35)
Settlement (sales) and other		(4)	(1)	(2)
Fair value assets, ending balance	349	319	349	319
Level 3 [member] | Loans [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	782	1,145	1,077	1,070
Gains (losses) included in earnings	4	13	(9)	(10)
Gains (losses) included in OCI	(1)	11	(33)	2
Purchases (issuances)	136	44	353	177
Settlement (sales) and other	(3)	(5)	(465)	(5)
Transfers out of Level 3	(33)	(153)	(54)	(249)
Transfers into Level 3	9		25	70
Fair value assets, ending balance	894	1,055	894	1,055
Gains (losses) included in earnings for positions still held	7	(15)	(54)	20
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	21	20	20	27
Gains (losses) included in OCI	1	1	2	(6)
Fair value assets, ending balance	22	21	22	21
Level 3 [member] | Trading Securities [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	1,782	1,419	1,582	1,337
Gains (losses) included in earnings	(4)	27	72	74
Gains (losses) included in OCI	(4)	14	31	(55)
Purchases (issuances)	84	89	245	256
Settlement (sales) and other	(24)	(36)	(84)	(114)
Transfers into Level 3	9		10	39
Transfers out of Level 3			(13)	(24)
Fair value assets, ending balance	1,843	1,513	1,843	1,513
Gains (losses) included in earnings for positions still held	(5)	71	75	80
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	16	33	25	44
Gains (losses) included in OCI		1	1	(2)
Settlement (sales) and other	(6)	(5)	(16)	(13)
Fair value assets, ending balance	10	29	10	29
Gains (losses) included in earnings for positions still held				1
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	5	18	25	30
Gains (losses) included in earnings			(2)	(1)
Purchases (issuances)		5		8
Settlement (sales) and other	(2)	1	(7)	(3)
Transfers into Level 3	9		9	14
Transfers out of Level 3			(13)	(24)
Fair value assets, ending balance	12	24	12	24
Level 3 [member] | Trading Securities [member] | Equities [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	1,759	1,366	1,530	1,261
Gains (losses) included in earnings	(4)	27	74	75
Gains (losses) included in OCI	(4)	13	30	(53)
Purchases (issuances)	84	84	245	248
Settlement (sales) and other	(16)	(32)	(61)	(98)
Transfers into Level 3			1	25
Fair value assets, ending balance	1,819	1,458	1,819	1,458
Gains (losses) included in earnings for positions still held	(5)	71	75	79
Level 3 [member] | Deposits - Personal [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value liabilities, beginning balance	(157)	(70)	(151)	(139)
Gains (losses) included in earnings	3	(7)	(6)	(62)
Gains (losses) included in OCI			(1)	5
Purchases (issuances)	(7)	(37)	(86)	(129)
Settlement (sales) and other	6	3	23	50
Transfers into Level 3	(39)	(36)	(75)	(113)
Transfers out of Level 3	13	36	115	277
Fair value liabilities, ending balance	(181)	(111)	(181)	(111)
Gains (losses) included in earnings for positions still held	5	(5)	10	6
Level 3 [member] | Other liabilities [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value liabilities, beginning balance	(3)	(11)	(7)	(38)
Gains (losses) included in earnings				22
Gains (losses) included in OCI				1
Settlement (sales) and other		4	4	8
Fair value liabilities, ending balance	$ (3)	$ (7)	$ (3)	(7)
Gains (losses) included in earnings for positions still held				$ 23

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		9 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021	Oct. 31, 2021
Disclosure of fair value measurement of assets and liabilities [line Items]
Derivative assets	$ 122,058		$ 122,058		$ 95,541
Derivative liabilities	119,868		119,868		91,439
Recurring [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Derivative assets	122,058		122,058		95,541
Derivative liabilities	119,868		119,868		$ 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	9	$ 1	53	$ (10)
Net derivative balances, category [Member] | Level 3 [member] | Recurring [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Derivative assets	571	480	571	480
Derivative liabilities	$ 1,573	$ 1,437	$ 1,573	$ 1,437

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		9 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Disclosure of detailed information about financial instruments [line items]
Interest income	$ 10,737	$ 6,997	$ 25,873	$ 21,131
Interest expense	4,847	1,945	9,438	6,190
Net interest income	5,890	5,052	16,435	14,941
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	2,879	1,125	5,873	3,377
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	312	85	513	279
Interest and dividend income [member] | Financial assets measured at amortized cost [member]
Disclosure of detailed information about financial instruments [line items]
Interest income	7,546	5,787	19,487	17,475
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	2,346	706	4,292	2,145
Interest expense [member] | Financial liabilities measured at amortized cost [member]
Disclosure of detailed information about financial instruments [line items]
Interest expense	$ 2,501	$ 1,239	$ 5,146	$ 4,045

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		9 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Disclosure of detailed information about financial instruments [line items]
Insurance premiums, investment and fee income	$ 1,233	$ 1,754	$ 2,866	$ 4,099
Dividend income	730	606	2,170	1,823
Interest expense [member]
Disclosure of detailed information about financial instruments [line items]
Insurance premiums, investment and fee income	1	1	4	3
Interest and dividend income [Member]
Disclosure of detailed information about financial instruments [line items]
Insurance premiums, investment and fee income	$ 143	$ 146	$ 486	$ 434

Securities - Summary of Unreali

Securities - Summary of Unrealized Gains and Losses on Securities at Fair Value through Other Comprehensive Income (Detail) - CAD ($) $ in Millions	Jul. 31, 2022	Oct. 31, 2021
Disclosure of financial assets [line items]
Cost/Amortized cost	$ 84,252	$ 78,180
Gross unrealized gains	619	723
Gross unrealized losses	(2,266)	(568)
Fair value	82,605	78,335
Canadian government debt - issued or guaranteed, Federal [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	4,531	3,841
Gross unrealized gains	1	1
Gross unrealized losses	(244)	(139)
Fair value	4,288	3,703
Canadian government debt - issued or guaranteed, Provincial and municipal [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	3,650	3,328
Gross unrealized gains	4	3
Gross unrealized losses	(457)	(199)
Fair value	3,197	3,132
U.S. federal, state, municipal and agencies debt - issued or guaranteed [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	35,814	34,678
Gross unrealized gains	299	353
Gross unrealized losses	(1,169)	(204)
Fair value	34,944	34,827
Other OECD government debt - issued or guaranteed [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	5,553	5,949
Gross unrealized gains	3	8
Gross unrealized losses	(14)	(1)
Fair value	5,542	5,956
Mortgage-backed securities [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	2,884	2,757
Gross unrealized gains		2
Gross unrealized losses	(82)	(12)
Fair value	2,802	2,747
Asset-backed securities, CDO [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	7,137	7,074
Gross unrealized gains	2	1
Gross unrealized losses	(138)	(1)
Fair value	7,001	7,074
Asset-backed securities, Non CDO [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	518	580
Gross unrealized gains	1	6
Gross unrealized losses	(17)
Fair value	502	586
Corporate debt and other debt [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	23,901	19,731
Gross unrealized gains	34	57
Gross unrealized losses	(142)	(11)
Fair value	23,793	19,777
Equities [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	264	242
Gross unrealized gains	275	292
Gross unrealized losses	(3)	(1)
Fair value	$ 536	$ 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	Jul. 31, 2022	Oct. 31, 2021
Disclosure of financial assets [line items]
Amortized cost	$ 84,252	$ 78,180
Allowance for credit losses on debt securities at FVOCI	(16)	(9)
Gross unrealized gains on securities measured at FVOCI	619	723
Gross unrealized losses on securities measured at FVOCI	(2,266)	(568)
Securities measured at fair value through other comprehensive income [member] | Commercial mortgage-backed securities [member]
Disclosure of financial assets [line items]
Amortized cost	2,938	2,603
Gross unrealized gains on securities measured at FVOCI	9	1
Gross unrealized losses on securities measured at FVOCI	81	12
Fair value	2,866	2,592
Held-to-collect securities category [member]
Disclosure of financial assets [line items]
Amortized cost	$ 74,204	$ 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		9 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Disclosure of financial assets [line items]
Balance at beginning of period	$ (13)	$ 1	$ (9)	$ 8
Provision for credit losses
Model changes		(4)		(4)
Purchases	1	2	2	7
Sales and maturities		(1)	(1)	(9)
Changes in risk, parameters and exposures	(4)	(3)	(8)	(6)
Exchange rate and other		1
Balance at end of period	(16)	(4)	(16)	(4)
Performing Stage one [member]
Disclosure of financial assets [line items]
Balance at beginning of period	2	7	2	12
Provision for credit losses
Model changes		(4)		(4)
Transfers to Stage 1	1		1
Purchases	1	2	2	7
Sales and maturities		(1)	(1)	(8)
Changes in risk, parameters and exposures	(2)	(1)	(1)	(3)
Exchange rate and other		1	(1)
Balance at end of period	2	4	2	4
Performing Stage two [member]
Disclosure of financial assets [line items]
Balance at beginning of period	2	1	1
Provision for credit losses
Transfers to Stage 1	(1)		(1)
Sales and maturities				(1)
Changes in risk, parameters and exposures				3
Exchange rate and other		1	1
Balance at end of period	1	2	1	2
Impaired Stage three [member]
Disclosure of financial assets [line items]
Balance at beginning of period	(17)	(7)	(12)	(4)
Provision for credit losses
Changes in risk, parameters and exposures	(2)	(2)	(7)	(6)
Exchange rate and other		(1)
Balance at end of period	$ (19)	$ (10)	$ (19)	$ (10)

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		9 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 25	$ 28	$ 23	$ 29
Provision for credit losses
Model changes		(4)		(4)
Purchases	1	1	9	8
Sales and maturities			(1)	(1)
Changes in risk, parameters and exposures	(5)		(10)	(5)
Exchange rate and other	1		1	(2)
Balance at end of period	22	25	22	25
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	9	11	5	10
Provision for credit losses
Model changes		(4)		(4)
Purchases	1	1	9	8
Sales and maturities			(1)	(1)
Changes in risk, parameters and exposures	(3)		(6)	(5)
Balance at end of period	7	8	7	8
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	16	17	18	19
Provision for credit losses
Changes in risk, parameters and exposures	(2)		(4)
Exchange rate and other	1		1	(2)
Balance at end of period	$ 15	$ 17	$ 15	$ 17

Securities - Summary of Credit

Securities - Summary of Credit Risk Exposure by Internal Risk Rating (Detail) - CAD ($) $ in Millions	9 Months Ended	12 Months Ended
	Jul. 31, 2022	Oct. 31, 2021
Disclosure of credit risk exposure [line items]
Amortized cost	$ 84,252	$ 78,180
Securities measured at fair value through other comprehensive income [member]
Disclosure of credit risk exposure [line items]
Investment grade	81,308	77,229
Non-investment grade	611	423
Impaired	150	150
Carrying amount of securities measured at FVOCI subject to impairment	82,069	77,802
Items not subject to impairment	536	533
Carrying amount of securities measured at FVOCI	82,605	78,335
Securities measured at amortized cost [member]
Disclosure of credit risk exposure [line items]
Investment grade	73,137	66,033
Non-investment grade	1,089	1,139
Amount before allowance for credit losses	74,226	67,172
Allowance for credit losses	22	23
Amortized cost	74,204	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	81,252	77,147
Non-investment grade	611	423
Carrying amount of securities measured at FVOCI subject to impairment	81,863	77,570
Performing Stage one [member] | Securities measured at amortized cost [member]
Disclosure of credit risk exposure [line items]
Investment grade	73,137	66,033
Non-investment grade	864	928
Amount before allowance for credit losses	74,001	66,961
Allowance for credit losses	7	5
Amortized cost	73,994	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	56	82
Carrying amount of securities measured at FVOCI subject to impairment	56	82
Performing Stage two [member] | Securities measured at amortized cost [member]
Disclosure of credit risk exposure [line items]
Non-investment grade	225	211
Amount before allowance for credit losses	225	211
Allowance for credit losses	15	18
Amortized cost	210	193
Impaired Stage three [member] | Securities measured at fair value through other comprehensive income [member]
Disclosure of credit risk exposure [line items]
Impaired	150	150
Carrying amount of securities measured at FVOCI subject to impairment	$ 150	$ 150

Securities - Summary of Credi_2

Securities - Summary of Credit Risk Exposure by Internal Risk Rating (Parenthetical) (Detail) - CAD ($) $ in Millions	Jul. 31, 2022	Oct. 31, 2021
Purchased Credit Impaired [member]
Disclosure of credit risk exposure [line items]
Securities at Fair Value Through Other Comprehensive Income	$ 150	$ 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		9 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Customers' liability under acceptances [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 41	$ 120	$ 75	$ 107
Provision for credit losses	(12)	(51)	(46)	(38)
Exchange rate changes/other	1	(2)	1	(2)
Balance at end of period	30	67	30	67
Allowance for credit losses [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	3,887	5,525	4,419	6,115
Provision for credit losses	347	(492)	117	(454)
Net write-offs	(200)	(164)	(509)	(598)
Exchange rate changes/other	(23)	(2)	(16)	(196)
Balance at end of period	4,011	4,867	4,011	4,867
Allowance for credit losses [member] | Allowance for Loan Losses [Member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	3,566	5,146	4,089	5,639
Balance at end of period	3,667	4,588	3,667	4,588
Allowance for credit losses [member] | Other Liabilities And Provisions [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	275	227	241	363
Balance at end of period	309	203	309	203
Allowance for credit losses [member] | Customers' liability under acceptances [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	41	120	75	107
Balance at end of period	30	67	30	67
Allowance for credit losses [member] | Other components of equity [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	5	32	14	6
Balance at end of period	5	9	5	9
Retail [member] | Residential mortgages [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	388	495	416	518
Provision for credit losses	51	(40)	29	(23)
Net write-offs	(7)	(6)	(19)	(20)
Exchange rate changes/other	(3)		3	(26)
Balance at end of period	429	449	429	449
Retail [member] | Personal [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	943	1,275	1,079	1,309
Provision for credit losses	107	(33)	86	78
Net write-offs	(60)	(57)	(172)	(195)
Exchange rate changes/other		(2)	(3)	(9)
Balance at end of period	990	1,183	990	1,183
Retail [member] | Credit cards [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	795	1,135	875	1,246
Provision for credit losses	128	(94)	201	(52)
Net write-offs	(89)	(80)	(243)	(230)
Exchange rate changes/other	1	1	2	(2)
Balance at end of period	835	962	835	962
Retail [member] | Small business [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	179	189	177	140
Provision for credit losses	10	(1)	18	8
Net write-offs	(5)	(5)	(15)	(15)
Exchange rate changes/other	3	(2)	7	48
Balance at end of period	187	181	187	181
Wholesale [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	1,541	2,311	1,797	2,795
Provision for credit losses	63	(273)	(171)	(427)
Net write-offs	(39)	(16)	(60)	(138)
Exchange rate changes/other	(25)	3	(26)	(205)
Balance at end of period	$ 1,540	$ 2,025	$ 1,540	$ 2,025

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		9 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 388	$ 495	$ 416	$ 518
Provision for credit losses
Model changes		(11)		(11)
Originations	55	31	114	84
Maturities	(7)	(10)	(23)	(44)
Changes in risk, parameters and exposures	3	(50)	(62)	(52)
Write–offs	(9)	(9)	(29)	(28)
Recoveries	2	3	10	8
Exchange rate and other	(3)		3	(26)
Balance at end of period	429	449	429	449
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	184	192	186	206
Provision for credit losses
Model changes		(6)		(6)
Transfers to Stage 1	22	41	82	161
Transfers to Stage 2	(2)	(2)	(8)	(12)
Transfers to Stage 3		(1)	(1)	(2)
Originations	55	31	114	84
Maturities	(6)	(7)	(18)	(23)
Changes in risk, parameters and exposures	(21)	(64)	(125)	(220)
Exchange rate and other	(2)	2		(2)
Balance at end of period	230	186	230	186
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	71	148	92	160
Provision for credit losses
Model changes		(5)		(5)
Transfers to Stage 1	(17)	(36)	(67)	(146)
Transfers to Stage 2	3	3	10	15
Transfers to Stage 3	(5)	(11)	(20)	(38)
Maturities	(1)	(3)	(5)	(21)
Changes in risk, parameters and exposures	21	9	60	150
Exchange rate and other		2	2	(8)
Balance at end of period	72	107	72	107
Impaired Stage three [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	133	155	138	152
Provision for credit losses
Transfers to Stage 1	(5)	(5)	(15)	(15)
Transfers to Stage 2	(1)	(1)	(2)	(3)
Transfers to Stage 3	5	12	21	40
Changes in risk, parameters and exposures	3	5	3	18
Write–offs	(9)	(9)	(29)	(28)
Recoveries	2	3	10	8
Exchange rate and other	(1)	(4)	1	(16)
Balance at end of period	$ 127	$ 156	$ 127	$ 156

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		9 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 943	$ 1,275	$ 1,079	$ 1,309
Provision for credit losses
Model changes		(1)		(1)
Originations	30	35	78	96
Maturities	(40)	(56)	(128)	(172)
Changes in risk, parameters and exposures	117	(11)	136	155
Write–offs	(94)	(95)	(269)	(301)
Recoveries	34	38	97	106
Exchange rate and other		(2)	(3)	(9)
Balance at end of period	990	1,183	990	1,183
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	310	491	422	480
Provision for credit losses
Model changes		(1)		(1)
Transfers to Stage 1	132	204	459	546
Transfers to Stage 2	(30)	(19)	(91)	(71)
Transfers to Stage 3		(1)	(1)	(2)
Originations	30	35	78	96
Maturities	(16)	(22)	(54)	(69)
Changes in risk, parameters and exposures	(133)	(195)	(520)	(485)
Exchange rate and other				(2)
Balance at end of period	293	492	293	492
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	550	680	569	733
Provision for credit losses
Transfers to Stage 1	(131)	(202)	(457)	(542)
Transfers to Stage 2	30	19	91	71
Transfers to Stage 3	(12)	(13)	(37)	(45)
Maturities	(24)	(34)	(74)	(103)
Changes in risk, parameters and exposures	200	151	521	489
Exchange rate and other				(2)
Balance at end of period	613	601	613	601
Impaired Stage three [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	83	104	88	96
Provision for credit losses
Transfers to Stage 1	(1)	(2)	(2)	(4)
Transfers to Stage 3	12	14	38	47
Changes in risk, parameters and exposures	50	33	135	151
Write–offs	(94)	(95)	(269)	(301)
Recoveries	34	38	97	106
Exchange rate and other		(2)	(3)	(5)
Balance at end of period	$ 84	$ 90	$ 84	$ 90

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		9 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 795	$ 1,135	$ 875	$ 1,246
Provision for credit losses
Originations	1	1	7	4
Maturities	(9)	(10)	(26)	(29)
Changes in risk, parameters and exposures	136	(85)	220	(27)
Write–offs	(132)	(123)	(370)	(350)
Recoveries	43	43	127	120
Exchange rate and other	1	1	2	(2)
Balance at end of period	835	962	835	962
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	169	326	233	364
Provision for credit losses
Transfers to Stage 1	99	197	374	575
Transfers to Stage 2	(21)	(22)	(72)	(80)
Transfers to Stage 3	(1)	(1)	(2)	(3)
Originations	1	1	7	4
Maturities	(1)	(1)	(4)	(5)
Changes in risk, parameters and exposures	(71)	(220)	(362)	(574)
Exchange rate and other		(1)	1	(2)
Balance at end of period	175	279	175	279
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	626	809	642	882
Provision for credit losses
Transfers to Stage 1	(99)	(197)	(374)	(575)
Transfers to Stage 2	21	22	72	80
Transfers to Stage 3	(87)	(94)	(238)	(230)
Maturities	(8)	(9)	(22)	(24)
Changes in risk, parameters and exposures	207	151	580	550
Exchange rate and other		1
Balance at end of period	660	683	660	683
Impaired Stage three [member]
Provision for credit losses
Transfers to Stage 3	88	95	240	233
Changes in risk, parameters and exposures		(16)	2	(3)
Write–offs	(132)	(123)	(370)	(350)
Recoveries	43	43	127	$ 120
Exchange rate and other	$ 1	$ 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		9 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 179	$ 189	$ 177	$ 140
Provision for credit losses
Model changes		4		4
Originations	8	11	25	28
Maturities	(13)	(16)	(36)	(33)
Changes in risk, parameters and exposures	15		29	9
Write–offs	(7)	(7)	(22)	(21)
Recoveries	2	2	7	6
Exchange rate and other	3	(2)	7	48
Balance at end of period	187	181	187	181
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	77	81	88	78
Provision for credit losses
Model changes		3		3
Transfers to Stage 1	9	10	18	49
Transfers to Stage 2	(4)	(1)	(12)	(7)
Transfers to Stage 3	(1)		(1)
Originations	8	11	25	28
Maturities	(6)	(5)	(17)	(16)
Changes in risk, parameters and exposures	(8)	(8)	(31)	(67)
Exchange rate and other	3		8	23
Balance at end of period	78	91	78	91
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	66	71	55	29
Provision for credit losses
Model changes		1		1
Transfers to Stage 1	(9)	(10)	(18)	(49)
Transfers to Stage 2	4	1	12	7
Transfers to Stage 3		(1)	(2)	(2)
Maturities	(7)	(11)	(19)	(17)
Changes in risk, parameters and exposures	12	5	36	57
Exchange rate and other	3		5	30
Balance at end of period	69	56	69	56
Impaired Stage three [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	36	37	34	33
Provision for credit losses
Transfers to Stage 3	1	1	3	2
Changes in risk, parameters and exposures	11	3	24	19
Write–offs	(7)	(7)	(22)	(21)
Recoveries	2	2	7	6
Exchange rate and other	(3)	(2)	(6)	(5)
Balance at end of period	$ 40	$ 34	$ 40	$ 34

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		9 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 1,541	$ 2,311	$ 1,797	$ 2,795
Provision for credit losses
Model changes		25		25
Originations	165	129	448	489
Maturities	(171)	(245)	(560)	(817)
Changes in risk, parameters and exposures	69	(182)	(59)	(124)
Write–offs	(48)	(34)	(97)	(183)
Recoveries	9	18	37	45
Exchange rate and other	(25)	3	(26)	(205)
Balance at end of period	1,540	2,025	1,540	2,025
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	483	764	566	995
Provision for credit losses
Model changes		1		1
Transfers to Stage 1	66	194	334	449
Transfers to Stage 2	(14)	(20)	(55)	(107)
Transfers to Stage 3		(2)	(2)	(4)
Originations	165	129	448	489
Maturities	(103)	(116)	(301)	(414)
Changes in risk, parameters and exposures	(48)	(346)	(444)	(747)
Exchange rate and other	(5)	6	(2)	(52)
Balance at end of period	544	610	544	610
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	590	1,024	794	1,132
Provision for credit losses
Model changes		24		24
Transfers to Stage 1	(66)	(193)	(331)	(445)
Transfers to Stage 2	15	21	56	134
Transfers to Stage 3	(21)	(17)	(48)	(54)
Maturities	(68)	(129)	(259)	(403)
Changes in risk, parameters and exposures	130	174	354	594
Exchange rate and other	(5)	9	9	(69)
Balance at end of period	575	913	575	913
Impaired Stage three [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	468	523	437	668
Provision for credit losses
Transfers to Stage 1		(1)	(3)	(4)
Transfers to Stage 2	(1)	(1)	(1)	(27)
Transfers to Stage 3	21	19	50	58
Changes in risk, parameters and exposures	(13)	(10)	31	29
Write–offs	(48)	(34)	(97)	(183)
Recoveries	9	18	37	45
Exchange rate and other	(15)	(12)	(33)	(84)
Balance at end of period	$ 421	$ 502	$ 421	$ 502

Loans and Allowance for Credi_9

Loans and Allowance for Credit Losses, Key Inputs and Assumptions - Additional Information (Detail) - $ / Perbarrel				12 Months Ended			48 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022	Sep. 30, 2027	Jun. 30, 2027	Dec. 31, 2026
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				31
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				104	94	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							74	75	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				132
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							81
Canadian unemployment rate [member] | Quarterly Average [Member]
Statement [Line Items]
Average value macroeconomic drivers percentage	6.60%		5.20%
US unemployment rate [member] | Quarterly Average [Member]
Statement [Line Items]
Average value macroeconomic drivers percentage	4.90%		3.70%
U.S. GDP growth rate [member] | Above Q4 2021 Level [member]
Statement [Line Items]
Average value macroeconomic drivers percentage		0.50%
Canada GDP growth rate [member] | Above Q4 2021 Level [member]
Statement [Line Items]
Average value macroeconomic drivers percentage		2.80%
Canadian housing price index [member] | Alternative Downside Scenario [Member] | Next Twelve Months [member]
Statement [Line Items]
Average value macroeconomic drivers percentage				(30.00%)
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				(5.60%)	(3.60%)	0.10%
Canadian housing price index [member] | Base Scenario [member] | Next Two To Five Years [member]
Statement [Line Items]
Average value macroeconomic drivers percentage							5.10%	4.30%	4.10%
Canadian housing price index [member] | Upside Scenario [member] | Next Twelve Months [member]
Statement [Line Items]
Average value macroeconomic drivers percentage				10.90%
Canadian housing price index [member] | Upside Scenario [member] | Next Two To Five Years [member]
Statement [Line Items]
Average value macroeconomic drivers percentage							9.60%

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	Jul. 31, 2022	Oct. 31, 2021
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 409,844	$ 380,091
Items not subject to impairment	340	241
Gross carrying amount of financial assets	410,184	380,332
Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	338,436	311,841
Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	16,762	17,203
High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	3,889	3,977
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	50,220	46,425
Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	537	645
Stage one loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	399,146	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	334,597	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	14,160	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	1,141	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	49,248	45,512
Stage two loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	10,161	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	3,839	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	2,602	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	2,748	634
Stage two loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	972	913
Stage three loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	537	645
Stage three loan [member] | Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 537	$ 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	Jul. 31, 2022	Oct. 31, 2021
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 96,303	$ 93,441
Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	75,800	72,965
Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	9,136	9,525
High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,764	1,732
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	9,427	9,022
Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	176	197
Stage one loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	88,643	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	73,815	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	5,144	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	346	687
Stage one loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	9,338	8,934
Stage two loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	7,484	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	1,985	698
Stage two loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	3,992	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	1,418	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	89	88
Stage three loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	176	197
Stage three loan [member] | Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 176	$ 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	Jul. 31, 2022	Oct. 31, 2021
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 19,499	$ 17,822
Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	14,541	12,888
Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	3,151	3,291
High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,137	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	16,523	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	14,484	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	1,362	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	41	136
Stage one loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	636	527
Stage two loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	2,976	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	57	24
Stage two loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,789	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	1,096	937
Stage two loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 34	$ 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	Jul. 31, 2022	Oct. 31, 2021
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 12,403	$ 12,003
Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	9,239	8,883
Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	2,592	2,562
High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	445	445
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	9	4
Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	118	109
Stage one loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	10,358	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	8,755	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	1,468	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	126	227
Stage one loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	9	4
Stage two loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,927	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	484	274
Stage two loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,124	979
Stage two loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	319	218
Stage three loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	118	109
Stage three loan [member] | Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 118	$ 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	Jul. 31, 2022	Oct. 31, 2021
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 260,988	$ 245,944
Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	245,093	230,090
Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	8,971	9,608
High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,208	1,302
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	5,716	4,944
Stage one exposure [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	258,875	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	243,614	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	8,771	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	882	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	5,608	4,854
Stage two exposure [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	2,113	894
Stage two exposure [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,479	574
Stage two exposure [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	200	133
Stage two exposure [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	326	97
Stage two exposure [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 108	$ 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	Jul. 31, 2022	Oct. 31, 2021
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 250,709	$ 206,869
Items not subject to impairment	10,883	11,197
Gross carrying amount of financial assets	261,592	218,066
Investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	82,416	63,201
Non investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	155,837	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	1,228	1,357
Stage one loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	235,114	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	82,191	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	142,007	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	10,916	9,339
Stage two loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	14,367	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	225	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	13,830	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	312	430
Stage three loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,228	1,357
Stage three loan [member] | Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 1,228	$ 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	Jul. 31, 2022	Oct. 31, 2021
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 403,111	$ 371,578
Investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	267,856	247,661
Non investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	131,410	120,440
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	3,845	3,477
Stage one exposure [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	393,193	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	267,452	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	121,896	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	3,845	3,476
Stage two exposure [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	9,918	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	404	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	$ 9,514	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	Jul. 31, 2022	Oct. 31, 2021
Disclosure of loans that are either past due or impaired [line items]
Loans past due but not impaired	$ 3,267	$ 2,472
Retail [member]
Disclosure of loans that are either past due or impaired [line items]
Loans past due but not impaired	1,398	1,242
Wholesale [member]
Disclosure of loans that are either past due or impaired [line items]
Loans past due but not impaired	1,869	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	3,105	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	1,248	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	1,857	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	162	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	150	$ 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	$ 12

Significant acquisition - Addit

Significant acquisition - Additional Information (Detail) - Mar. 30, 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	Jul. 31, 2022	Oct. 31, 2021
Disclosure of deposits [line items]
Demand	$ 574,625	$ 576,062
Notice	83,706	85,862
Term	520,273	438,907
Total deposits	1,178,604	1,100,831
Deposits - Personal [member]
Disclosure of deposits [line items]
Demand	212,348	207,493
Notice	66,470	64,613
Term	113,449	90,382
Total deposits	392,267	362,488
Deposits - Business and government [member]
Disclosure of deposits [line items]
Demand	349,919	356,020
Notice	16,751	20,800
Term	372,797	319,533
Total deposits	739,467	696,353
Deposits - Bank [member]
Disclosure of deposits [line items]
Demand	12,358	12,549
Notice	485	449
Term	34,027	28,992
Total deposits	46,870	41,990
Deposits - Personal, Business and government, and Bank [member]
Disclosure of deposits [line items]
Demand	574,625	576,062
Notice	83,706	85,862
Term	520,273	438,907
Total deposits	1,178,604	1,100,831
Canada [member] | Non-interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	155,873	151,475
Notice	8,131	8,051
Term	499	713
Total deposits	164,503	160,239
Canada [member] | Interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	313,493	315,464
Notice	19,169	19,857
Term	373,680	312,987
Total deposits	706,342	648,308
United States [member] | Non-interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	53,378	54,021
Total deposits	53,378	54,021
United States [member] | Interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	9,534	6,978
Notice	56,012	57,260
Term	82,644	77,597
Total deposits	148,190	141,835
Europe [member] | Non-interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	475	632
Total deposits	475	632
Europe [member] | Interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	28,626	34,278
Notice	394	693
Term	48,457	36,788
Total deposits	77,477	71,759
Other International [member] | Non-interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	8,471	8,002
Total deposits	8,471	8,002
Other International [member] | Interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	4,775	5,212
Notice		1
Term	14,993	10,822
Total deposits	$ 19,768	$ 16,035

Deposits - Summary of Deposit_2

Deposits - Summary of Deposit Liabilities (Parenthetical) (Detail) - CAD ($) $ in Millions	Jul. 31, 2022	Oct. 31, 2021
Disclosure of deposits [line items]
Total deposits	$ 1,178,604	$ 1,100,831
U.S. dollars [member]
Disclosure of deposits [line items]
Total deposits	448,000	399,000
British pounds [member]
Disclosure of deposits [line items]
Total deposits	34,000	35,000
Euro [member]
Disclosure of deposits [line items]
Total deposits	47,000	43,000
Other currencies [member]
Disclosure of deposits [line items]
Total deposits	$ 30,000	$ 27,000

Deposits - Summary of Contractu

Deposits - Summary of Contractual Maturities of Term Deposit Liabilities (Detail) - CAD ($) $ in Millions	Jul. 31, 2022	Oct. 31, 2021
Disclosure of deposits [line items]
Term deposit liabilities	$ 520,273	$ 438,907
Aggregate amount of term deposits in denominations of one hundred thousand dollars or more	484,000	416,000
Less than 3 months [member]
Disclosure of deposits [line items]
Term deposit liabilities	152,461	133,776
3 to 6 months [member]
Disclosure of deposits [line items]
Term deposit liabilities	58,906	64,062
6 to 12 months [member]
Disclosure of deposits [line items]
Term deposit liabilities	125,192	83,871
1 to 2 years [member]
Disclosure of deposits [line items]
Term deposit liabilities	52,844	45,532
2 to 3 years [member]
Disclosure of deposits [line items]
Term deposit liabilities	39,009	29,204
3 to 4 years [member]
Disclosure of deposits [line items]
Term deposit liabilities	25,688	24,573
4 to 5 years [member]
Disclosure of deposits [line items]
Term deposit liabilities	33,209	25,329
Over 5 years [member]
Disclosure of deposits [line items]
Term deposit liabilities	$ 32,964	$ 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		9 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Disclosure of pension and other post employment plan [Line Items]
Total pension and other post-employment benefit expense	$ 3,858	$ 4,111	$ 12,145	$ 12,551
Defined benefit pension plans [member] | Pension Expense [Member]
Disclosure of pension and other post employment plan [Line Items]
Current service costs	77	90	232	270
Past service costs			(1)
Net interest expense (income)	(21)	2	(63)	6
Administrative expense	3	3	10	9
Defined benefit pension expense	59	95	178	285
Defined contribution pension plans [Member] | Pension Expense [Member]
Disclosure of pension and other post employment plan [Line Items]
Defined contribution pension expense	58	56	188	179
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	117	151	366	464
Other post employment benefit [member] | Other post employment benefit expense [Member]
Disclosure of pension and other post employment plan [Line Items]
Current service costs	11	11	28	33
Past service costs			2
Net interest expense (income)	16	15	47	43
Remeasurements of other long term benefits	(10)		(23)	(10)
Defined benefit pension expense	17	26	54	66
Total pension and other post-employment benefit expense	$ 17	$ 26	$ 54	$ 66

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		9 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Defined benefit pension plans [member]
Actuarial (gains) losses:
Changes in financial assumptions	$ 81	$ 732	$ (2,917)	$ (660)
Experience adjustments			1
Return on plan assets (excluding interest based on discount rate)	338	(882)	2,180	(1,679)
Total remeasurements of employee benefit plans	419	(150)	(736)	(2,339)
Other post employment benefit [member]
Actuarial (gains) losses:
Changes in financial assumptions	16	46	(241)	(89)
Experience adjustments	(1)	(1)	(4)	(4)
Total remeasurements of employee benefit plans	$ 15	$ 45	$ (245)	$ (93)

Income taxes - Additional Infor

Income taxes - Additional Information (Detail) - CAD ($) $ in Millions		3 Months Ended
	Apr. 07, 2022	Jul. 31, 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%
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				3 Months Ended	9 Months Ended
	Feb. 24, 2022	Jan. 25, 2022	Nov. 05, 2021	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Disclosure of Significant Capital and Funding Transactions [Line Items]
Proceeds from issue of preference shares				$ 998	$ 749	$ 2,245
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 03, 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		9 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Disclosure of classes of share capital [line items]
Issued in connection with share-based compensation plans			$ 2	$ (4)
Purchased for cancellation	$ (1,338)		$ (4,444)
Common shares [member]
Disclosure of classes of share capital [line items]
Issued in connection with share-based compensation plans, shares	100	311	612	1,131
Purchased for cancellation, shares	(10,445)		(33,016)
Increase (decrease) in number of ordinary shares issued, shares	(10,345)	311	(32,404)	1,131
Issued in connection with share-based compensation plans	$ 8	$ 24	$ 50	$ 85
Purchased for cancellation	(129)		(411)
Increase (decrease) in equity	$ (121)	$ 24	$ (361)	$ 85

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		9 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Disclosure of classes of share capital [line items]
Book value of shares purchased for cancellation	$ 1,338		$ 4,444
Common shares [member]
Disclosure of classes of share capital [line items]
Fair value of shares purchased for cancellation	1,338	$ 0	4,444	$ 0
Book value of shares purchased for cancellation	$ 129		$ 411
Average cost of shares purchased for cancellation	$ 128.2		$ 134.6
Average book value of shares purchased for cancellation	$ 12.47		$ 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		9 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Basic earnings per share
Net income	$ 3,577	$ 4,296	$ 11,925	$ 12,158
Dividends on preferred shares and distributions on other equity instruments	(60)	(56)	(184)	(192)
Net income attributable to non-controlling interests	(2)	(4)	(7)	(7)
Net income available to common shareholders	$ 3,517	$ 4,237	$ 11,738	$ 11,962
Weighted average number of common shares (in thousands)	1,396,381	1,424,614	1,409,292	1,424,278
Basic earnings per share (in dollars)	$ 2.52	$ 2.97	$ 8.33	$ 8.4
Diluted earnings per share
Net income available to common shareholders	$ 3,517	$ 4,237	$ 11,738	$ 11,962
Weighted average number of common shares (in thousands)	1,396,381	1,424,614	1,409,292	1,424,278
Stock options	1,680	1,987	2,039	1,596
Issuable under other share-based compensation plans	606	597	603	674
Average number of diluted common shares (in thousands)	1,398,667	1,427,198	1,411,934	1,426,548
Diluted earnings per share (in dollars)	$ 2.51	$ 2.97	$ 8.31	$ 8.39
Equity attributable to shareholders [member]
Basic earnings per share
Net income	$ 3,575	$ 4,292	$ 11,918	$ 12,151
Dividends on preferred shares and distributions on other equity instruments	$ (58)	$ (55)	$ (180)	$ (189)

Earnings per share - Summary _2

Earnings per share - Summary of Earnings Per Share (Parenthetical) (Detail) - Dilutive potential shares from stock options [Member] - $ / shares	3 Months Ended		9 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021
Earnings per share [line items]
Outstanding options excluded from calculation of diluted earnings per share	1,181,140	0	0	0
Average exercise price	$ 129.99

Results by Business Segment - D

Results by Business Segment - Detailed Report of Segments (Detail) - CAD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2022	Jul. 31, 2021	Jul. 31, 2022	Jul. 31, 2021	Oct. 31, 2021
Disclosure of operating segments [line items]
Net interest income	$ 5,890	$ 5,052	$ 16,435	$ 14,941
Non-interest income	6,242	7,704	19,983	22,376
Total revenue	12,132	12,756	36,418	37,317
Provision for credit losses	340	(540)	103	(526)
Insurance policyholder benefits, claims and acquisition expense	850	1,304	1,667	2,859
Non-interest expense	6,386	6,420	19,400	19,341
Net income (loss) before income taxes	4,556	5,572	15,248	15,643
Income taxes (recoveries)	979	1,276	3,323	3,485
Net income	3,577	4,296	11,925	12,158
Non-interest expense includes:
Depreciation and amortization	656	643	1,956	1,912
Total assets	1,842,092		1,842,092		$ 1,706,323
Total liabilities	1,738,094		1,738,094		1,607,561
Operating segments [member] | Personal & Commercial Banking [member]
Disclosure of operating segments [line items]
Net interest income	3,655	3,206	10,118	9,452
Non-interest income	1,527	1,445	4,606	4,289
Total revenue	5,182	4,651	14,724	13,741
Provision for credit losses	324	(179)	177	21
Non-interest expense	2,130	1,998	6,167	5,891
Net income (loss) before income taxes	2,728	2,832	8,380	7,829
Income taxes (recoveries)	705	719	2,149	2,015
Net income	2,023	2,113	6,231	5,814
Non-interest expense includes:
Depreciation and amortization	239	236	704	689
Total assets	590,955		590,955		549,702
Total liabilities	590,888		590,888		549,619
Operating segments [member] | Wealth Management [member]
Disclosure of operating segments [line items]
Net interest income	960	682	2,485	2,014
Non-interest income	2,695	2,691	8,388	7,838
Total revenue	3,655	3,373	10,873	9,852
Provision for credit losses	13	(21)	(29)	(52)
Non-interest expense	2,618	2,434	7,843	7,211
Net income (loss) before income taxes	1,024	960	3,059	2,693
Income taxes (recoveries)	247	216	737	625
Net income	777	744	2,322	2,068
Non-interest expense includes:
Depreciation and amortization	227	216	683	654
Total assets	155,144		155,144		148,990
Total liabilities	155,549		155,549		149,096
Operating segments [member] | Insurance [member]
Disclosure of operating segments [line items]
Non-interest income	1,233	1,754	2,866	4,099
Total revenue	1,233	1,754	2,866	4,099
Insurance policyholder benefits, claims and acquisition expense	850	1,304	1,667	2,859
Non-interest expense	139	155	431	444
Net income (loss) before income taxes	244	295	768	796
Income taxes (recoveries)	58	61	179	174
Net income	186	234	589	622
Non-interest expense includes:
Depreciation and amortization	14	15	43	44
Total assets	22,342		22,342		22,724
Total liabilities	22,860		22,860		22,966
Operating segments [member] | Investor & Treasury Services [member]
Disclosure of operating segments [line items]
Net interest income	188	127	499	305
Non-interest income	394	390	1,221	1,311
Total revenue	582	517	1,720	1,616
Provision for credit losses	(3)	(3)	(3)	(7)
Non-interest expense	374	401	1,192	1,177
Net income (loss) before income taxes	211	119	531	446
Income taxes (recoveries)	47	31	128	115
Net income	164	88	403	331
Non-interest expense includes:
Depreciation and amortization	47	50	146	146
Total assets	256,579		256,579		240,055
Total liabilities	256,550		256,550		239,960
Operating segments [member] | Capital Markets [member]
Disclosure of operating segments [line items]
Net interest income	1,136	1,122	3,558	3,442
Non-interest income	513	1,341	3,249	4,447
Total revenue	1,649	2,463	6,807	7,889
Provision for credit losses	6	(337)	(43)	(487)
Non-interest expense	1,123	1,363	3,945	4,272
Net income (loss) before income taxes	520	1,437	2,905	4,104
Income taxes (recoveries)	41	308	601	837
Net income	479	1,129	2,304	3,267
Non-interest expense includes:
Depreciation and amortization	126	125	373	376
Total assets	759,763		759,763		692,278
Total liabilities	759,894		759,894		691,767
Unallocated amounts [member]
Disclosure of operating segments [line items]
Net interest income	(49)	(85)	(225)	(272)
Non-interest income	(120)	83	(347)	392
Total revenue	(169)	(2)	(572)	120
Provision for credit losses	0		1	(1)
Non-interest expense	2	69	(178)	346
Net income (loss) before income taxes	(171)	(71)	(395)	(225)
Income taxes (recoveries)	(119)	(59)	(471)	(281)
Net income	(52)	(12)	76	56
Non-interest expense includes:
Depreciation and amortization	3	$ 1	7	$ 3
Total assets	57,309		57,309		52,574
Total liabilities	$ (47,647)		$ (47,647)		$ (45,847)

Capital management - Summary of

Capital management - Summary of Regulatory Capital and Capital Ratios (Detail) - CAD ($) $ in Millions	Jul. 31, 2022	Oct. 31, 2021
Capital
CET1 capital	$ 76,907	$ 75,583
Tier 1 capital	84,207	82,246
Total capital	93,857	92,026
Risk-weighted assets (RWA) used in calculation of capital ratios
Credit risk	478,686	444,142
Market risk	34,551	34,806
Operational risk	75,813	73,593
Total RWA	$ 589,050	$ 552,541
Capital ratios and Leverage ratio
CET1 ratio	13.10%	13.70%
Tier 1 capital ratio	14.30%	14.90%
Total capital ratio	15.90%	16.70%
Leverage ratio	4.60%	4.90%
Leverage ratio exposure (billions)	$ 1,840	$ 1,662
TLAC available and ratios
TLAC available	$ 162,284
TLAC ratio	27.60%
TLAC leverage ratio	8.80%