Royal Bank of Canada (RY) 6-K 1 Mar 23 2023 Q1 Current report (foreign) Financial data

Cover Page

Cover Page	3 Months Ended
	Jan. 31, 2023
Cover [Abstract]
Document Type	6-K
Amendment Flag	false
Document Period End Date	Jan. 31, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
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		Jan. 31, 2023	Oct. 31, 2022
Assets
Cash and due from banks	[1]	$ 86,277	$ 72,397
Interest-bearing deposits with banks		93,495	108,011
Securities
Trading		145,517	148,205
Investment, net of applicable allowance (Note 4)		175,036	170,018
Securities		320,553	318,223
Assets purchased under reverse repurchase agreements and securities borrowed		328,379	317,845
Loans (Note 5)
Retail		549,893	549,751
Wholesale		277,900	273,967
Loans		827,793	823,718
Allowance for loan losses (Note 5)		(3,999)	(3,753)
Loans, net		823,794	819,965
Segregated fund net assets		2,827	2,638
Other
Customers' liability under acceptances		19,188	17,827
Derivatives		130,120	154,439
Premises and equipment		7,019	7,214
Goodwill		12,204	12,277
Other intangibles		5,957	6,083
Other assets (Note 6)		103,206	80,300
Total other assets		277,694	278,140
Total assets		1,933,019	1,917,219
Deposits (Note 7)
Personal		418,287	404,932
Business and government		738,923	759,870
Bank		46,632	44,012
Total deposits		1,203,842	1,208,814
Segregated fund net liabilities		2,827	2,638
Other
Acceptances		19,229	17,872
Obligations related to securities sold short		35,247	35,511
Obligations related to assets sold under repurchase agreements and securities loaned		290,367	273,947
Derivatives		131,082	153,491
Insurance claims and policy benefit liabilities		12,103	11,511
Other liabilities (Note 6)		118,993	95,235
Total other liabilities		607,021	587,567
Subordinated debentures (Note 10)		11,530	10,025
Total liabilities		1,825,220	1,809,044
Equity attributable to shareholders
Retained earnings		78,369	78,037
Other components of equity		5,041	5,725
Total equity attributable to shareholders		107,696	108,064
Non-controlling interests		103	111
Total equity		107,799	108,175
Total liabilities and equity		1,933,019	1,917,219
Preferred shares and other equity instruments [member]
Equity attributable to shareholders
Issued capital (Note 10)		7,333	7,318
Common shares [member]
Equity attributable to shareholders
Issued capital (Note 10)		$ 16,953	$ 16,984
[1]We are required to maintain balances with central banks and other regulatory authorities. The total balances were $2 billion as at January 31, 2023 (October 31, 2022 – $2 billion; January 31, 2022 – $2 billion; October 31, 2021 – $2 billion).

Interim Condensed Consolidate_2

Interim Condensed Consolidated Statements of Income (unaudited) - CAD ($) $ in Millions	3 Months Ended
	Jan. 31, 2023	Jan. 31, 2022
Interest and dividend income (Note 3)
Loans	$ 9,997	$ 5,557
Securities	3,003	1,379
Assets purchased under reverse repurchase agreements and securities borrowed	4,766	349
Deposits and other	1,571	93
Interest and dividend income	19,337	7,378
Interest expense (Note 3)
Deposits and other	7,772	1,295
Other liabilities	5,225	770
Subordinated debentures	138	42
Interest expense	13,135	2,107
Net interest income	6,202	5,271
Non-interest income
Insurance premiums, investment and fee income	1,891	1,399
Trading revenue	1,069	314
Investment management and custodial fees	2,056	1,961
Mutual fund revenue	1,015	1,165
Securities brokerage commissions	361	399
Service charges	511	485
Underwriting and other advisory fees	512	701
Foreign exchange revenue, other than trading	433	271
Card service revenue	325	291
Credit fees	379	476
Net gains on investment securities	53	15
Share of profit in joint ventures and associates	29	29
Other	258	289
Non-interest income	8,892	7,795
Total revenue	15,094	13,066
Provision for credit losses (Notes 4 and 5)	532	105
Insurance policyholder benefits, claims and acquisition expense	1,545	997
Non-interest expense
Human resources (Note 8)	4,876	4,285
Equipment	569	501
Occupancy	411	386
Communications	282	228
Professional fees	404	319
Amortization of other intangibles	369	337
Other	764	524
Non-interest expense	7,675	6,580
Income before income taxes	5,342	5,384
Income taxes (Note 9)	2,128	1,289
Net income	3,214	4,095
Net income attributable to:
Shareholders	3,212	4,093
Non-controlling interests	2	2
Net income	$ 3,214	$ 4,095
Basic earnings per share (in dollars) (Note 11)	$ 2.29	$ 2.84
Diluted earnings per share (in dollars) (Note 11)	2.29	2.84
Dividends per common share (in dollars)	$ 1.32	$ 1.2

Interim Condensed Consolidate_3

Interim Condensed Consolidated Statements of Comprehensive Income (unaudited) - CAD ($) $ in Millions	3 Months Ended
	Jan. 31, 2023	Jan. 31, 2022
Statement of comprehensive income [abstract]
Net income	$ 3,214	$ 4,095
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	632	(253)
Provision for credit losses recognized in income		(7)
Reclassification of net losses (gains) on debt securities and loans at fair value through other comprehensive income to income	(32)	(11)
Net change in unrealized gains (losses) on debt securities and loans at fair value through other comprehensive income	600	(271)
Foreign currency translation adjustments
Unrealized foreign currency translation gains (losses)	(955)	1,474
Net foreign currency translation gains (losses) from hedging activities	64	(507)
Reclassification of losses (gains) on foreign currency translation to income		(18)
Reclassification of losses (gains) on net investment hedging activities to income		17
Foreign currency translation adjustments	(891)	966
Net change in cash flow hedges
Net gains (losses) on derivatives designated as cash flow hedges	(398)	98
Reclassification of losses (gains) on derivatives designated as cash flow hedges to income	2	31
Net change in cash flow hedges	(396)	129
Items that will not be reclassified subsequently to income:
Remeasurement gains (losses) on employee benefit plans (Note 8)	(230)	283
Net gains (losses) from fair value changes due to credit risk on financial liabilities designated at fair value through profit or loss	(796)	180
Net gains (losses) on equity securities designated at fair value through other comprehensive income	10	39
Total items that will not be reclassified subsequently to income	(1,016)	502
Total other comprehensive income (loss), net of taxes	(1,703)	1,326
Total comprehensive income (loss)	1,511	5,421
Total comprehensive income attributable to:
Shareholders	1,512	5,417
Non-controlling interests	(1)	4
Total comprehensive income (loss)	1,511	5,421
Income taxes on other comprehensive income
Net unrealized gains (losses) on debt securities and loans at fair value through other comprehensive income	171	(77)
Provision for credit losses recognized in income		(1)
Reclassification of net losses (gains) on debt securities and loans at fair value through other comprehensive income to income	(9)	(1)
Net foreign currency translation gains (losses) from hedging activities	162	(170)
Reclassification of losses (gains) on net investment hedging activities to income		6
Net gains (losses) on derivatives designated as cash flow hedges	(64)	34
Reclassification of losses (gains) on derivatives designated as cash flow hedges to income	1	11
Remeasurements of employee benefit plans	(23)	100
Net fair value change due to credit risk on financial liabilities designated at fair value through profit or loss	(306)	64
Net gains (losses) on equity securities designated at fair value through other comprehensive income	12	4
Total income tax expenses (recoveries)	$ (56)	$ (30)

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, 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	783		750	34			(1)		783
Common shares purchased for cancellation	(1,214)	$ (111)		(111)			(1,103)		(1,214)
Sales of treasury shares and other equity instruments	1,672				156	1,516			1,672
Purchases of treasury shares and other equity instruments	(1,671)				(149)	(1,522)			(1,671)
Share-based compensation awards	2	34					2		2
Dividends on common shares	(1,702)						(1,702)		(1,702)
Dividends on preferred shares and distributions on other equity instruments	(55)						(54)		(54)	(1)
Other	10						10		10
Net income	4,095						4,093		4,093	2
Total other comprehensive income (loss), net of taxes	1,326						502	822	1,324	2	(271)	964	129
Balance at end of period at Jan. 31, 2022	102,008		7,473	17,651	(32)	(79)	73,542	3,355	101,910	98	(359)	3,019	695
Balance at beginning of period at Oct. 31, 2022	108,175		7,323	17,318	(5)	(334)	78,037	5,725	108,064	111	(2,357)	5,688	2,394
Changes in equity
Issues of share capital and other equity instruments	25			24			1		25
Sales of treasury shares and other equity instruments	1,019				277	742			1,019
Purchases of treasury shares and other equity instruments	(1,059)				(262)	(797)			(1,059)
Share-based compensation awards	5	$ 24					5		5
Dividends on common shares	(1,829)						(1,829)		(1,829)
Dividends on preferred shares and distributions on other equity instruments	(51)						(44)		(44)	(7)
Other	3						3		3
Net income	3,214						3,212		3,212	2
Total other comprehensive income (loss), net of taxes	(1,703)						(1,016)	(684)	(1,700)	(3)	600	(888)	(396)
Balance at end of period at Jan. 31, 2023	$ 107,799		$ 7,323	$ 17,342	$ 10	$ (389)	$ 78,369	$ 5,041	$ 107,696	$ 103	$ (1,757)	$ 4,800	$ 1,998

Interim Condensed Consolidate_5

Interim Condensed Consolidated Statements of Cash Flows (unaudited) - CAD ($) $ in Millions		3 Months Ended
		Jan. 31, 2023	Jan. 31, 2022
Cash flows from operating activities
Net income		$ 3,214	$ 4,095
Adjustments for non-cash items and others
Provision for credit losses		532	105
Depreciation		314	313
Deferred income taxes		(239)	227
Amortization and impairment of other intangibles		380	339
Net changes in investments in joint ventures and associates		(29)	(28)
Losses (Gains) on investment securities		(53)	(15)
Adjustments for net changes in operating assets and liabilities
Insurance claims and policy benefit liabilities		592	157
Net change in accrued interest receivable and payable		397	(11)
Current income taxes		905	(2,718)
Derivative assets		24,156	3,222
Derivative liabilities		(21,999)	(3,337)
Trading securities		2,688	(10,285)
Loans, net of securitizations		(4,704)	(22,864)
Assets purchased under reverse repurchase agreements and securities borrowed		(10,534)	(4,223)
Obligations related to assets sold under repurchase agreements and securities loaned		16,420	2,808
Obligations related to securities sold short		(264)	3,703
Deposits, net of securitizations		16,145	42,011
Brokers and dealers receivable and payable		(971)	2,013
Other		(9,091)	(7,078)
Net cash from (used in) operating activities		17,859	8,434
Cash flows from investing activities
Change in interest-bearing deposits with banks		(3,666)	16,218
Proceeds from sales and maturities of investment securities		34,282	23,101
Purchases of investment securities		(40,515)	(28,664)
Net acquisitions of premises and equipment and other intangibles		(698)	(590)
Net cash from (used in) investing activities		(10,597)	10,065
Cash flows from financing activities
Issuance of subordinated debentures		1,500	1,000
Repayment of subordinated debentures		(60)
Issue of common shares, net of issuance costs		22	31
Common shares purchased for cancellation			(1,214)
Issue of preferred shares and other equity instruments, net of issuance costs			749
Sales of treasury shares and other equity instruments		1,019	1,672
Purchases of treasury shares and other equity instruments		(1,059)	(1,671)
Dividends paid on shares and distributions paid on other equity instruments		(1,841)	(1,608)
Dividends/distributions paid to non-controlling interests		(7)	(1)
Change in short-term borrowings of subsidiaries		4,491
Repayment of lease liabilities		(166)	(163)
Net cash from (used in) financing activities		3,899	(1,205)
Effect of exchange rate changes on cash and due from banks		2,719	23
Net change in cash and due from banks		13,880	17,317
Cash and due from banks at beginning of period	[1]	72,397	113,846
Cash and due from banks at end of period	[1]	86,277	131,163
Cash flows from operating activities include:
Amount of interest paid		11,226	1,771
Amount of interest received		17,492	6,826
Amount of dividends received		832	867
Amount of income taxes paid		$ 1,436	$ 3,679
[1]We are required to maintain balances with central banks and other regulatory authorities. The total balances were $2 billion as at January 31, 2023 (October 31, 2022 – $2 billion; January 31, 2022 – $2 billion; October 31, 2021 – $2 billion).

Interim Condensed Consolidate_6

Interim Condensed Consolidated Statements of Cash Flows (unaudited) (Parenthetical) - CAD ($) $ in Billions	Jan. 31, 2023	Oct. 31, 2022	Jan. 31, 2022	Oct. 31, 2021
Statement of cash flows [abstract]
Mandatory reserve deposits at central banks	$ 2	$ 2	$ 2	$ 2

General information

General information	3 Months Ended
	Jan. 31, 2023
Text Block [Abstract]
General information	Note 1 General information Royal Bank of Canada and its subsidiaries (the Bank) provide diversified financial services including Personal & Commercial Banking, Wealth Management, Insurance and Capital Markets products and services on a global basis. Refer to Note 13 for further details on our business segments. Our unaudited Interim Condensed Consolidated Financial Statements (Condensed Financial Statements) are presented in compliance with International Accounting Standard (IAS) 34 Interim Financial Reporting.

Summary of significant accounti

Summary of significant accounting policies, estimates and judgments	3 Months Ended
	Jan. 31, 2023
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 2022 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 2022 Annual Consolidated Financial Statements.

Fair value of financial instrum

Fair value of financial instruments	3 Months Ended
	Jan. 31, 2023
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 2022 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 January 31, 2023 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 $ – $ 87,859 $ – $ – $ 5,636 $ 5,636 $ 93,495 $ 93,495 Securities Trading 135,417 10,100 – – – – 145,517 145,517 Investment, net of applicable allowance – – 97,003 977 77,056 71,919 175,036 169,899 135,417 10,100 97,003 977 77,056 71,919 320,553 315,416 Assets purchased under reverse repurchase agreements and securities borrowed 279,899 – – – 48,480 48,480 328,379 328,379 Loans, net of applicable allowance Retail 84 383 229 – 546,746 525,173 547,442 525,869 Wholesale 9,465 3,409 559 – 262,919 257,300 276,352 270,733 9,549 3,792 788 – 809,665 782,473 823,794 796,602 Other Derivatives 130,120 – – – – – 130,120 130,120 Other assets (1) 3,614 4 – – 71,513 71,513 75,131 75,131 Financial liabilities Deposits Personal $ 362 $ 22,899 $ 395,026 $ 392,736 $ 418,287 $ 415,997 Business and government (2) 143 146,499 592,281 591,798 738,923 738,440 Bank (3) – 10,633 35,999 35,938 46,632 46,571 505 180,031 1,023,306 1,020,472 1,203,842 1,201,008 Other Obligations related to securities sold short 35,247 – – – 35,247 35,247 Obligations related to assets sold under – 263,269 27,098 27,098 290,367 290,367 Derivatives 131,082 – – – 131,082 131,082 Other liabilities (4) (430 ) 43 91,115 91,837 90,728 91,450 Subordinated debentures – – 11,530 11,391 11,530 11,391 As at October 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 $ – $ 84,468 $ – $ – $ 23,543 $ 23,543 $ 108,011 $ 108,011 Securities Trading 138,507 9,698 – – – – 148,205 148,205 Investment, net of applicable allowance – – 92,063 828 77,127 70,073 170,018 162,964 138,507 9,698 92,063 828 77,127 70,073 318,223 311,169 Assets purchased under reverse repurchase agreements and securities borrowed 264,665 – – – 53,180 53,180 317,845 317,845 Loans, net of applicable allowance Retail 73 375 218 – 546,767 521,428 547,433 522,094 Wholesale 6,914 3,222 563 – 261,833 253,816 272,532 264,515 6,987 3,597 781 – 808,600 775,244 819,965 786,609 Other Derivatives 154,439 – – – – – 154,439 154,439 Other assets (1) 3,377 – – – 73,084 73,084 76,461 76,461 Financial liabilities Deposits Personal $ 298 $ 21,959 $ 382,675 $ 380,396 $ 404,932 $ 402,653 Business and government (2) 447 152,119 607,304 605,102 759,870 757,668 Bank (3) – 7,196 36,816 36,758 44,012 43,954 745 181,274 1,026,795 1,022,256 1,208,814 1,204,275 Other Obligations related to securities sold short 35,511 – – – 35,511 35,511 Obligations related to assets sold under repurchase agreements and securities loaned – 248,835 25,112 25,112 273,947 273,947 Derivatives 153,491 – – – 153,491 153,491 Other liabilities (4) (360 ) 69 90,348 90,160 90,057 89,869 Subordinated debentures – – 10,025 9,668 10,025 9,668 (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 January 31, 2023 October 31, 2022 Fair value measurements using Netting adjustments Fair value measurements using Netting adjustments (Millions of Canadian dollars) Level 1 Level 2 Level 3 Fair value Level 1 Level 2 Level 3 Fair value Financial assets Interest-bearing deposits with banks $ – $ 87,859 $ – $ $ 87,859 $ – $ 84,468 $ – $ $ 84,468 Securities Trading Debt issued or guaranteed by: Canadian government (1) Federal 15,027 2,953 – 17,980 15,024 3,779 – 18,803 Provincial and municipal – 13,752 – 13,752 – 13,257 – 13,257 U.S. federal, state, municipal and agencies (1), (2) 694 30,097 – 30,791 1,254 35,570 4 36,828 Other OECD government ( 3 1,629 1,673 – 3,302 1,325 3,452 – 4,777 Mortgage-backed securities (1) – 2 – 2 – 2 – 2 Asset-backed securities Non-CDO (4) – 1,222 – 1,222 – 1,308 2 1,310 Corporate debt and other debt – 22,658 – 22,658 – 21,162 7 21,169 Equities 49,836 3,868 2,106 55,810 46,592 3,593 1,874 52,059 67,186 76,225 2,106 145,517 64,195 82,123 1,887 148,205 Investment Debt issued or guaranteed by: Canadian government (1) Federal 1,068 3,516 – 4,584 1,226 2,555 – 3,781 Provincial and municipal – 2,406 – 2,406 – 2,124 – 2,124 U.S. federal, state, municipal and agencies (1) – 45,764 – 45,764 440 43,918 – 44,358 Other OECD government – 7,641 – 7,641 – 5,144 – 5,144 Mortgage-backed securities (1) – 2,715 28 2,743 – 2,860 28 2,888 Asset-backed securities CDO – 7,443 – 7,443 – 7,524 – 7,524 Non-CDO – 473 – 473 – 524 – 524 Corporate debt and other debt – 25,800 149 25,949 – 25,569 151 25,720 Equities 36 521 420 977 36 395 397 828 1,104 96,279 597 97,980 1,702 90,613 576 92,891 Assets purchased under reverse repurchase agreements and – 279,899 – 279,899 – 264,665 – 264,665 Loans – 11,532 2,597 14,129 – 9,673 1,692 11,365 Other Derivatives Interest rate contracts – 35,145 246 35,391 – 39,804 263 40,067 Foreign exchange contracts – 82,123 9 82,132 – 99,424 13 99,437 Credit derivatives – 355 – 355 – 388 – 388 Other contracts 2,220 12,862 75 15,157 3,939 14,786 62 18,787 Valuation adjustments – (1,463 ) 6 (1,457 ) – (2,100 ) 45 (2,055 ) Total gross derivatives 2,220 129,022 336 131,578 3,939 152,302 383 156,624 Netting adjustments (1,458 ) (1,458 ) (2,185 ) (2,185 ) Total derivatives 130,120 154,439 Other assets 1,411 2,194 13 3,618 1,221 2,141 15 3,377 $ 71,921 $ 683,010 $ 5,649 $ (1,458 ) $ 759,122 $ 71,057 $ 685,985 $ 4,553 $ (2,185 ) $ 759,410 Financial liabilities Deposits Personal $ – $ 23,011 $ 250 $ $ 23,261 $ – $ 22,016 $ 241 $ $ 22,257 Business and government – 146,642 – 146,642 – 152,566 – 152,566 Bank – 10,633 – 10,633 – 7,196 – 7,196 Other Obligations related to securities sold short 13,127 22,120 – 35,247 16,383 19,128 – 35,511 Obligations related to assets sold under repurchase agreements and – 263,269 – 263,269 – 248,835 – 248,835 Derivatives Interest rate contracts – 33,532 900 34,432 – 39,592 1,122 40,714 Foreign exchange contracts – 77,755 72 77,827 – 94,310 145 94,455 Credit derivatives – 76 – 76 – 125 – 125 Other contracts 2,529 17,543 622 20,694 3,847 16,663 847 21,357 Valuation adjustments – (478 ) (11 ) (489 ) – (967 ) (8 ) (975 ) Total gross derivatives 2,529 128,428 1,583 132,540 3,847 149,723 2,106 155,676 Netting adjustments (1,458 ) (1,458 ) (2,185 ) (2,185 ) Total derivatives 131,082 153,491 Other liabilities 405 (792 ) – (387 ) 341 (632 ) – (291 ) $ 16,061 $ 593,311 $ 1,833 $ (1,458 ) $ 609,747 $ 20,571 $ 598,832 $ 2,347 $ (2,185 ) $ 619,565 (1) As at January 31, 2023, residential and commercial mortgage-backed securities (MBS) included in all fair value levels of trading securities were $11,661 million and $nil (October 31, 2022 – $12,273 million and $nil), respectively, and in all fair value levels of Investment securities were $20,631 million and $2,832 million (October 31, 2022 – $23,362 million and $2,755 million), respectively. (2) United States (U.S.). (3) Organisation for Economic Co-operation (4) 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 January 31, 2023, 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 January 31, 2023, 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 2022 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 January 31, 2023 (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 $ 4 $ – $ – $ – $ (4 ) $ – $ – $ – $ – Asset-backed securities Non-CDO 2 – – – (2 ) – – – – Corporate debt and other debt 7 – – – – – (7 ) – – Equities 1,874 (14 ) (25 ) 250 (20 ) 41 – 2,106 (32 ) 1,887 (14 ) (25 ) 250 (26 ) 41 (7 ) 2,106 (32 ) Investment Mortgage-backed securities 28 – – – – – – 28 n.a. Corporate debt and other debt 151 – (1 ) – (1 ) – – 149 n.a. Equities 397 – 24 – (1 ) – – 420 n.a. 576 – 23 – (2 ) – – 597 n.a. Loans 1,692 (52 ) (7 ) 1,193 (120 ) 28 (137 ) 2,597 (15 ) Other Net derivative balances (3) Interest rate contracts (859 ) 5 5 (20 ) 173 18 24 (654 ) 8 Foreign exchange contracts (132 ) 5 8 4 37 – 15 (63 ) 8 Other contracts (785 ) (55 ) 17 (8 ) 62 (31 ) 253 (547 ) (26 ) Valuation adjustments 53 – – – (36 ) – – 17 – Other assets 15 – – – (2 ) – – 13 – $ 2,447 $ (111 ) $ 21 $ 1,419 $ 86 $ 56 $ 148 $ 4,066 $ (57 ) Liabilities Deposits $ (241 ) $ (20 ) $ 1 $ (35 ) $ 2 $ (34 ) $ 77 $ (250 ) $ (14 ) Other Other liabilities – – – – – – – – – $ (241 ) $ (20 ) $ 1 $ (35 ) $ 2 $ (34 ) $ 77 $ (250 ) $ (14 ) For the three months ended January 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 $ – $ (4 ) $ – $ – $ 22 $ – Asset-backed securities Non-CDO 2 – – – – – – 2 – Corporate debt and other debt 25 (1 ) – – (5 ) – (4 ) 15 (1 ) Equities 1,530 74 23 82 (20 ) – – 1,689 94 1,582 73 24 82 (29 ) – (4 ) 1,728 93 Investment Mortgage-backed securities 20 – – – – – – 20 n.a. Corporate debt and other debt 152 – 3 – – – – 155 n.a. Equities 334 – 45 6 (1 ) – (35 ) 349 n.a. 506 – 48 6 (1 ) – (35 ) 524 n.a. Loans 1,077 10 (8 ) 56 (461 ) 7 (2 ) 679 10 Other Net derivative balances (3) Interest rate contracts (635 ) (11 ) 1 1 82 – 7 (555 ) (8 ) Foreign exchange contracts 47 (30 ) 1 – (4 ) – (7 ) 7 (32 ) Other contracts (393 ) 61 (8 ) (103 ) 42 (76 ) 29 (448 ) 70 Valuation adjustments 20 – – – – 19 – 39 – Other assets – – – – – – – – – $ 2,204 $ 103 $ 58 $ 42 $ (371 ) $ (50 ) $ (12 ) $ 1,974 $ 133 Liabilities Deposits $ (151 ) $ (6 ) $ (1 ) $ (27 ) $ 5 $ (20 ) $ 78 $ (122 ) $ 6 Other Other liabilities (7 ) – – – – – – (7 ) – $ (158 ) $ (6 ) $ (1 ) $ (27 ) $ 5 $ (20 ) $ 78 $ (129 ) $ 6 (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 $ (2) Other includes amortization of premiums or discounts recognized in net income. (3) Net derivatives as at January 31, 2023 included derivative assets of $336 million (January 31, 2022 – $441 million) and derivative liabilities of $1,583 million (January 31, 2022 – $1,398 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 January 31, 2023, transfers out of Level 1 to Level 2 included Investment U.S. federal, state, municipal and agencies debt of $435 million. During the three months ended January 31, 2022, there were no significant transfers out of Level 1 to Level 2. During the three months ended January 31, 2023 and January 31, 2022, there were no significant transfers 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 January 31, 2023 and January 31, 2022, there were no significant transfers out of Level 2 to Level 3. During the three months ended January 31, 2023, significant transfers out of Level 3 to Level 2 included Other contracts and Loans due to changes in the market observability of inputs and changes in the significance of unobservable inputs. D Net interest income from financial instruments Interest and dividend income arising from financial assets and financial liabilities and the associated For the three months ended (Millions of Canadian dollars) January 31 2023 January 31 2022 Interest and dividend income (1), (2) Financial instruments measured at fair value through profit or loss $ 6,709 $ 1,419 Financial instruments measured at fair value through other comprehensive income 942 77 Financial instruments measured at amortized cost 11,686 5,882 19,337 7,378 Interest expense (1) Financial instruments measured at fair value through profit or loss 6,240 861 Financial instruments measured at amortized cost 6,895 1,246 13,135 2,107 Net interest income $ 6,202 $ 5,271 (1) Excludes the following amounts related to our insurance operations and included in Insurance premiums, investment and fee income in the Interim Condensed Consolidated Statements of Income: for the three months ended January 31, 2023, Interest income of (2) Includes dividend income for the three months ended January 31, 2023 of $792 million (January 31, 2022 – $750 million), which is presented in Interest and dividend income in the Interim Condensed Consolidated Statements of Income.

Securities

Securities	3 Months Ended
	Jan. 31, 2023
Text Block [Abstract]
Securities	Note 4 Securities Unrealized gains and losses on securities at FVOCI (1), (2) As at January 31, 2023 October 31, 2022 (Millions of Canadian dollars) Cost/ Gross Gross Fair value Cost/ Gross Gross Fair value Debt issued or guaranteed by: Canadian government Federal $ 4,840 $ 2 $ (258 ) $ 4,584 $ 4,081 $ 1 $ (301 ) $ 3,781 Provincial and municipal 2,891 1 (486 ) 2,406 2,685 6 (567 ) 2,124 U.S. federal, state, municipal and agencies 46,990 286 (1,512 ) 45,764 46,034 343 (2,019 ) 44,358 Other OECD government 7,645 4 (8 ) 7,641 5,154 7 (17 ) 5,144 Mortgage-backed securities 2,816 2 (75 ) 2,743 2,985 1 (98 ) 2,888 Asset-backed securities CDO 7,538 3 (98 ) 7,443 7,741 3 (220 ) 7,524 Non-CDO 485 1 (13 ) 473 547 – (23 ) 524 Corporate debt and other debt 26,020 41 (112 ) 25,949 25,852 51 (183 ) 25,720 Equities 674 308 (5 ) 977 551 284 (7 ) 828 $ 99,899 $ 648 $ (2,567 ) $ 97,980 $ 95,630 $ 696 $ (3,435 ) $ 92,891 (1) Excludes $77,056 million (2) Gross unrealized gains and losses includes $(19) million Allowance for credit losses on investment securities The following tables reconcile the opening and closing allowance for debt securities at FVOCI and amortized cost by stage. Reconciling items include the following: • Transfers between stages, which are presumed to occur before any corresponding remeasurement of the allowance. • Purchases, which reflect the allowance related to assets newly recognized during the period, including those assets that were derecognized following a modification of terms. • Sales and maturities, which reflect the allowance related to assets derecognized during the period without a credit loss being incurred, including those assets that were derecognized following a modification of terms. • Changes in risk, parameters and exposures, which comprise the impact of changes in model inputs or assumptions, including changes in forward-looking macroeconomic conditions; partial repayments; changes in the measurement following a transfer between stages; and unwinding of the time value discount due to the passage of time. Allowance for credit losses – securities at FVOCI (1) For the three months ended January 31, 2023 January 31, 2022 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 $ $ 1 $ (23 ) $ (19 ) $ 2 $ 1 $ (12 ) $ (9 ) Provision for credit losses Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – – – – – – – Purchases 2 – – 2 – – – – Sales and maturities – – – – – – – – Changes in risk, parameters and exposures (1 ) – (2 ) (3 ) – – (2 ) (2 ) Exchange rate and other – – 1 1 – – – – Balance at end of period $ 4 $ 1 $ (24 ) $ (19 ) $ 2 $ 1 $ (14 ) $ (11 ) (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 For the three months ended January 31, 2023 January 31, 2022 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 $ 8 $ 14 $ – $ 22 $ 5 $ 18 $ – $ 23 Provision for credit losses Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – – – – – – – Purchases 4 – – 4 6 – – 6 Sales and maturities – – – – (1 ) – – (1 ) Changes in risk, parameters and exposures (2 ) (1 ) – (3 ) (1 ) (1 ) – (2 ) Exchange rate and other – – – – – – – – Balance at end of period $ 10 $ 13 $ – $ 23 $ 9 $ 17 $ – $ 26 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 2022 Annual Report. As at January 31, 2023 October 31, 2022 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 $ 96,195 $ 53 $ – $ 96,248 $ 91,177 $ 56 $ – $ 91,233 Non-investment 606 – – 606 680 – – 680 Impaired – – 149 149 – – 150 150 96,801 53 149 97,003 91,857 56 150 92,063 Items not subject to impairment (2) 977 828 $ 97,980 $ 92,891 Securities at amortized cost Investment grade $ 75,962 $ – $ – $ 75,962 $ 76,035 $ – $ – $ 76,035 Non-investment 908 209 – 1,117 898 216 – 1,114 Impaired – – – – – – – – 76,870 209 – 77,079 76,933 216 – 77,149 Allowance for credit losses 10 13 – 23 8 14 – 22 $ 76,860 $ 196 $ – $ 77,056 $ 76,925 $ 202 $ – $ 77,127 (1) Reflects $149 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	3 Months Ended
	Jan. 31, 2023
Text Block [Abstract]
Loans and allowance for credit losses	Note 5 Loans and allowance for credit losses Allowance for credit losses For the three months ended January 31, 2023 January 31, 2022 (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 $ 432 $ 51 $ (5 ) $ (9 ) $ 469 $ 416 $ (6 ) $ (5 ) $ 4 $ 409 Personal 1,043 169 (83 ) – 1,129 1,079 18 (56 ) (3 ) 1,038 Credit cards 893 136 (102 ) (1 ) 926 875 65 (71 ) 1 870 Small business 194 17 (9 ) 2 204 177 3 (4 ) 2 178 Wholesale 1,574 161 (17 ) (38 ) 1,680 1,797 12 (6 ) 8 1,811 Customers’ liability under acceptances 45 (4 ) – – 41 75 8 – – 83 $ 4,181 $ 530 $ (216 ) $ (46 ) $ 4,449 $ 4,419 $ 100 $ (142 ) $ 12 $ 4,389 Presented as: Allowance for loan losses $ 3,753 $ 3,999 $ 4,089 $ 4,047 Other liabilities – Provisions 378 403 241 251 Customers’ liability under acceptances 45 41 75 83 Other components of equity 5 6 14 8 The following table reconciles the opening and closing for each major product of loans and commitments as determined by our modelled, scenario-weighted allowance and the application of expert credit judgment as applicable. Reconciling items include the following: • Transfers between stages, which are presumed to occur before any corresponding remeasurements of the allowance. • Originations, which reflect the allowance related to assets newly recognized during the period, including those assets that were derecognized following a modification of terms. • Maturities, which reflect the allowance related to assets derecognized during the period without a credit loss being incurred, including those assets that were derecognized following a modification of terms. • Changes in risk, parameters and exposures, which comprise the impact of changes in model inputs or assumptions, including changes in forward-looking macroeconomic conditions; partial repayments and additional draws on existing facilities; changes in the measurement following a transfer between stages; and unwinding of the time value discount due to the passage of time in stage 1 and stage 2. Allowance for credit losses – Retail and wholesale loans For the three months ended January 31, 2023 January 31, 2022 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 $ 235 $ 65 $ 132 $ 432 $ 186 $ 92 $ 138 $ 416 Provision for credit losses Transfers to stage 1 13 (13 ) – – 24 (19 ) (5 ) – Transfers to stage 2 (6 ) 10 (4 ) – (2 ) 2 – – Transfers to stage 3 – (3 ) 3 – (1 ) (7 ) 8 – Originations 30 – – 30 30 – – 30 Maturities (4 ) (2 ) – (6 ) (7 ) (3 ) – (10 ) Changes in risk, parameters and exposures (13 ) 25 15 27 (44 ) 19 (1 ) (26 ) Write-offs – – (8 ) (8 ) – – (10 ) (10 ) Recoveries – – 3 3 – – 5 5 Exchange rate and other (1 ) – (8 ) (9 ) 1 1 2 4 Balance at end of period $ 254 $ 82 $ 133 $ 469 $ 187 $ 85 $ 137 $ 409 Personal Balance at beginning of period $ 285 $ 661 $ 97 $ 1,043 $ 422 $ 569 $ 88 $ 1,079 Provision for credit losses Transfers to stage 1 150 (150 ) – – 170 (169 ) (1 ) – Transfers to stage 2 (23 ) 23 – – (22 ) 22 – – Transfers to stage 3 – (13 ) 13 – (1 ) (12 ) 13 – Originations 23 – – 23 26 – – 26 Maturities (12 ) (25 ) – (37 ) (21 ) (25 ) – (46 ) Changes in risk, parameters and exposures (138 ) 231 90 183 (171 ) 162 47 38 Write-offs – – (112 ) (112 ) – – (86 ) (86 ) Recoveries – – 29 29 – – 30 30 Exchange rate and other 1 (2 ) 1 – 1 – (4 ) (3 ) Balance at end of period $ 286 $ 725 $ 118 $ 1,129 $ 404 $ 547 $ 87 $ 1,038 Credit cards Balance at beginning of period $ 177 $ 716 $ – $ 893 $ 233 $ 642 $ – $ 875 Provision for credit losses Transfers to stage 1 164 (164 ) – – 146 (146 ) – – Transfers to stage 2 (20 ) 20 – – (23 ) 23 – – Transfers to stage 3 – (94 ) 94 – (1 ) (70 ) 71 – Originations 4 – – 4 4 – – 4 Maturities (1 ) (7 ) – (8 ) (1 ) (7 ) – (8 ) Changes in risk, parameters and exposures (139 ) 271 8 140 (132 ) 201 – 69 Write-offs – – (142 ) (142 ) – – (112 ) (112 ) Recoveries – – 40 40 – – 41 41 Exchange rate and other (1 ) – – (1 ) – 1 – 1 Balance at end of period $ 184 $ 742 $ – $ 926 $ 226 $ 644 $ – $ 870 Small business Balance at beginning of period $ 73 $ 73 $ 48 $ 194 $ 88 $ 55 $ 34 $ 177 Provision for credit losses Transfers to stage 1 10 (10 ) – – 5 (5 ) – – Transfers to stage 2 (3 ) 3 – – (2 ) 2 – – Transfers to stage 3 – (2 ) 2 – – (1 ) 1 – Originations 8 – – 8 9 – – 9 Maturities (4 ) (6 ) – (10 ) (5 ) (7 ) – (12 ) Changes in risk, parameters and exposures (12 ) 13 18 19 (10 ) 11 5 6 Write-offs – – (11 ) (11 ) – – (6 ) (6 ) Recoveries – – 2 2 – – 2 2 Exchange rate and other 1 2 (1 ) 2 2 1 (1 ) 2 Balance at end of period $ 73 $ 73 $ 58 $ 204 $ 87 $ 56 $ 35 $ 178 Wholesale Balance at beginning of period $ 597 $ 585 $ 392 $ 1,574 $ 566 $ 794 $ 437 $ 1,797 Provision for credit losses Transfers to stage 1 51 (51 ) – – 108 (107 ) (1 ) – Transfers to stage 2 (20 ) 21 (1 ) – (18 ) 18 – – Transfers to stage 3 (3 ) (14 ) 17 – (1 ) (4 ) 5 – Originations 153 – – 153 156 – – 156 Maturities (118 ) (71 ) – (189 ) (106 ) (107 ) – (213 ) Changes in risk, parameters and exposures (55 ) 150 102 197 (129 ) 160 38 69 Write-offs – – (26 ) (26 ) – – (23 ) (23 ) Recoveries – – 9 9 – – 17 17 Exchange rate and other (5 ) (8 ) (25 ) (38 ) 4 11 (7 ) 8 Balance at end of period $ 600 $ 612 $ 468 $ 1,680 $ 580 $ 765 $ 466 $ 1,811 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 2022 Annual Consolidated Financial Statements. Our base scenario reflects rising unemployment rates, high inflation, production capacity limits and high central bank policy interest rates, which result in moderate recessions in Canada and the U.S. in calendar 2023. Expectations are that increases in central bank interest rates, including in Canada and the U.S., are likely at or close to the end of the cycle. Our base scenario also reflects declining housing prices in Canada for the first half of calendar 2023. Downside scenarios, including two additional and more severe downside scenarios designed for the energy and real estate sectors, reflect the possibility of a more severe macroeconomic shock beginning in calendar Q2 2023 relative to our base scenario. Conditions are expected to deteriorate from calendar Q1 2023 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 We reduced weight to our downside scenarios relative to October 31, 2022 in order to reflect reduced uncertainty and an increased likelihood of a moderate recession as reflected in our base scenario relative to the more severe recessions reflected in our downside scenarios. The following provides additional detail about our calendar quarter forecasts for certain key macroeconomic variables used in the models to estimate the allowance for credit losses: • Unemployment rates – In in the U.S., peaking in Q4 2023 in Canada and in Q1 2024 at in the U.S., and reverting to the long run equilibrium towards the latter end of the forecast horizon. • Gross Domestic Product (GDP ) • Oil price (West Texas Intermediate in US$) 2 5 2 5 • Canadian housing price index In our base forecast, we expect housing prices to increase over the next 12 months from calendar Q1 2023, with a compound annual growth rate for the following 2 to 5 years. The range of annual housing price growth (contraction) in our alternative real estate downside and upside scenarios f 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 January 31, 2023 October 31, 2022 (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 $ 341,075 $ 3,768 $ – $ 344,843 $ 340,716 $ 2,573 $ – $ 343,289 Medium risk 16,113 1,433 – 17,546 15,035 1,932 – 16,967 High risk 1,250 3,720 – 4,970 1,188 3,125 – 4,313 Not rated (1) 51,441 1,321 – 52,762 51,915 1,304 – 53,219 Impaired – – 594 594 – – 560 560 409,879 10,242 594 420,715 408,854 8,934 560 418,348 Items not subject to impairment (2) 467 448 Total $ 421,182 $ 418,796 Loans outstanding – Personal Low risk $ 72,387 $ 3,031 $ – $ 75,418 $ 73,339 $ 2,575 $ – $ 75,914 Medium risk 5,184 3,028 – 8,212 5,482 3,780 – 9,262 High risk 358 1,858 – 2,216 836 1,660 – 2,496 Not rated (1) 9,368 98 – 9,466 9,733 104 – 9,837 Impaired – – 227 227 – – 200 200 Total $ 87,297 $ 8,015 $ 227 $ 95,539 $ 89,390 $ 8,119 $ 200 $ 97,709 Loans outstanding – Credit cards Low risk $ 15,063 $ 96 $ – $ 15,159 $ 15,088 $ 83 $ – $ 15,171 Medium risk 1,506 1,524 – 3,030 1,418 1,911 – 3,329 High risk 37 1,315 – 1,352 39 1,255 – 1,294 Not rated (1) 784 33 – 817 751 32 – 783 Total $ 17,390 $ 2,968 $ – $ 20,358 $ 17,296 $ 3,281 $ – $ 20,577 Loans outstanding – Small business Low risk $ 8,496 $ 951 $ – $ 9,447 $ 8,571 $ 838 $ – $ 9,409 Medium risk 1,640 975 – 2,615 1,512 1,130 – 2,642 High risk 111 466 – 577 102 375 – 477 Not rated (1) 6 – – 6 3 – – 3 Impaired – – 169 169 – – 138 138 Total $ 10,253 $ 2,392 $ 169 $ 12,814 $ 10,188 $ 2,343 $ 138 $ 12,669 Undrawn loan commitments – Retail Low risk $ 252,902 $ 1,385 $ – $ 254,287 $ 247,620 $ 1,041 $ – $ 248,661 Medium risk 9,272 267 – 9,539 9,021 246 – 9,267 High risk 870 414 – 1,284 876 367 – 1,243 Not rated (1) 5,872 126 – 5,998 5,668 118 – 5,786 Total $ 268,916 $ 2,192 $ – $ 271,108 $ 263,185 $ 1,772 $ – $ 264,957 Wholesale – Loans outstanding Investment grade $ 90,382 $ 291 $ – $ 90,673 $ 88,513 $ 202 $ – $ 88,715 Non-investment 146,386 15,670 – 162,056 145,908 15,758 – 161,666 Not rated (1) 10,398 290 – 10,688 11,789 360 – 12,149 Impaired – – 1,609 1,609 – – 1,301 1,301 247,166 16,251 1,609 265,026 246,210 16,320 1,301 263,831 Items not subject to impairment (2) 12,874 10,136 Total $ 277,900 $ 273,967 Undrawn loan commitments – Wholesale Investment grade $ 297,620 $ 291 $ – $ 297,911 $ 284,481 $ 179 $ – $ 284,660 Non-investment 123,907 11,034 – 134,941 126,225 10,657 – 136,882 Not rated (1) 3,568 – – 3,568 3,692 1 – 3,693 Total $ 425,095 $ 11,325 $ – $ 436,420 $ 414,398 $ 10,837 $ – $ 425,235 (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 January 31, 2023 October 31, 2022 (Millions of Canadian dollars) 30 to 89 days 90 days Total 30 to 89 days 90 days Total Retail $ 1,392 $ 173 $ 1,565 $ 1,328 $ 168 $ 1,496 Wholesale 1,080 26 1,106 1,279 2 1,281 $ 2,472 $ 199 $ 2,671 $ 2,607 $ 170 $ 2,777 (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 disposition

Significant disposition	3 Months Ended
	Jan. 31, 2023
Text Block [Abstract]
Significant disposition	Note 6 Significant disposition Wealth Management On December 23, 2022, we entered into a definitive agreement to sell the European asset servicing activities of RBC Investor Services and its associated Malaysian centre of excellence to CACEIS (the asset servicing banking group of Crédit Agricole S.A. and Banco Santander, S.A.). The transaction is subject to customary closing conditions, including regulatory and antitrust approvals, and is expected to close in the third calendar quarter of 2023. As a result of the disposition, the assets and liabilities of the disposal group are classified as held for sale, measured at the lower of their carrying amount and fair value less costs to sell and presented in Other assets and Other liabilities. The disposal group consists of assets of $27 billion, primarily consisting of interest-bearing deposits with banks, and liabilities of $26 billion, primarily consisting of deposits.

Deposits

Deposits	3 Months Ended
	Jan. 31, 2023
Text Block [Abstract]
Deposits	Note 7 Deposits As at January 31, 2023 October 31, 2022 (Millions of Canadian dollars) Demand Notice Term Total Demand (1) Notice (2) Term (3) Total Personal $ 195,109 $ 60,439 $ 162,739 $ 418,287 $ 203,645 $ 64,743 $ 136,544 $ 404,932 Business and government 307,912 15,058 415,953 738,923 348,004 17,855 394,011 759,870 Bank 7,698 1,146 37,788 46,632 10,458 490 33,064 44,012 $ 510,719 $ 76,643 $ 616,480 $ 1,203,842 $ 562,107 $ 83,088 $ 563,619 $ 1,208,814 Non-interest-bearing (4) Canada $ 140,886 $ 7,226 $ 174 $ 148,286 $ 149,737 $ 7,797 $ 466 $ 158,000 United States 44,851 – – 44,851 52,702 – – 52,702 Europe (5) 21 – – 21 620 – – 620 Other International 7,433 – – 7,433 7,840 – – 7,840 Interest-bearing (4) Canada 295,237 16,645 444,655 756,537 305,779 17,982 409,586 733,347 United States 10,219 52,592 90,539 153,350 11,410 57,055 85,111 153,576 Europe (5) 6,457 180 63,137 69,774 28,276 254 52,144 80,674 Other International 5,615 – 17,975 23,590 5,743 – 16,312 22,055 $ 510,719 $ 76,643 $ 616,480 $ 1,203,842 $ 562,107 $ 83,088 $ 563,619 $ 1,208,814 (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 January 31, 2023, deposits denominated in U.S. dollars, British pounds, Euro and other foreign currencies were $451 billion, billion, billion and billion, respectively (5) Europe includes the United Kingdom, the Channel Islands, France and Luxembourg. Contractual maturities of term deposits As at (Millions of Canadian dollars) January 31 2023 October 31 2022 Within 1 year: less than 3 months $ 169,164 $ 159,602 3 to 6 months 79,638 61,996 6 to 12 months 155,578 156,531 1 to 2 years 57,494 49,225 2 to 3 years 45,745 42,809 3 to 4 years 34,562 27,609 4 to 5 years 36,996 33,835 Over 5 years 37,303 32,012 $ 616,480 $ 563,619 Aggregate amount of term deposits in denominations of one hundred thousand dollars or more $ 570,000 $ 521,000

Employee benefits - Pension and

Employee benefits - Pension and other post-employment benefits	3 Months Ended
	Jan. 31, 2023
Text Block [Abstract]
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) January 31 2023 January 31 2022 January 31 2023 January 31 2022 Current service costs $ 48 $ 77 $ 8 $ 10 Past service costs – – – 2 Net interest expense (income) (40 ) (21 ) 19 16 Remeasurements of other long-term benefits – – 2 1 Administrative expense 3 3 – – Defined benefit pension expense 11 59 29 29 Defined contribution pension expense 85 74 – – $ 96 $ 133 $ 29 $ 29 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) January 31 2023 January 31 2022 January 31 2023 January 31 2022 Actuarial (gains) losses: Changes in financial assumptions (2) $ 772 $ (661 ) $ 75 $ (40 ) Return on plan assets (excluding interest based on discount rate) (594 ) 318 – – $ 178 $ (343 ) $ 75 $ (40 ) (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	3 Months Ended
	Jan. 31, 2023
Text Block [Abstract]
Income taxes	Note 9 Income taxes On December 15, 2022, Bill C-32, The CRD is a one-time % 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 CRD resulted in an increase in income taxes of $1.2 billion for the three months ended January 31, 2023, of which $1 billion was recognized in net income and $0.2 billion was recognized in other comprehensive income. The permanent increase in the Canadian corporate tax rate i s % on taxab million and applies to taxation years that end after April 7, 2022, resulting in an increase in the Canadian statutory tax rate from 26.2% to 27.7% for the year ending October 31, 2023.

Significant capital and funding

Significant capital and funding transactions	3 Months Ended
	Jan. 31, 2023
Text Block [Abstract]
Significant capital and funding transactions	Note 10 Significant capital and funding transactions Subordinated debentures On January 31, 2023, we issued $1,500 million of non-viability contingent capital (NVCC) subordinated debentures. The notes bear interest at a fixed rate of 5.01 2.12 February 1, 2033 Common shares issued (1) For the three months ended January 31, 2023 January 31, 2022 (Millions of Canadian dollars, except number of shares) Number of Amount Number of Amount Issued in connection with share-based compensation plans (2) 269 $ 24 407 $ 34 Purchased for cancellation (3) – – (8,871 ) (111 ) 269 $ 24 (8,464 ) $ (77 ) (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 months ended January 31, 2023 and January 31, 2022, our DRIP’s requirements were satisfied through open market purchases. The Bank issued shares from treasury on February 24, 2023 to satisfy the DRIP at a % discount from the average market price as defined in the DRIP. (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 January 31, 2023, we did not purchase for cancellation any common shares. During the three months ended January 31, 2022, we purchased for cancellation common shares at a total fair value of $1,214 million (average cost of $136.84 per share), with a book value of $111 million (book value of $12.45 per share).

Earnings per share

Earnings per share	3 Months Ended
	Jan. 31, 2023
Text Block [Abstract]
Earnings per share	Note 11 Earnings per share For the three months ended (Millions of Canadian dollars, except share and per share amounts) January 31 2023 January 31 2022 Basic earnings per share Net income $ 3,214 $ 4,095 Dividends on preferred shares and distributions on other equity instruments (44 ) (54 ) Net income attributable to non-controlling (2 ) (2 ) Net income available to common shareholders $ 3,168 $ 4,039 Weighted average number of common shares (in thousands) 1,382,754 1,421,807 Basic earnings per share (in dollars) $ 2.29 $ 2.84 Diluted earnings per share Net income available to common shareholders $ 3,168 $ 4,039 Weighted average number of common shares (in thousands) 1,382,754 1,421,807 Stock options (1) 1,756 2,195 Issuable under other share-based compensation plans 26 600 Average number of diluted common shares (in thousands) 1,384,536 1,424,602 Diluted earnings per share (in dollars) $ 2.29 $ 2.84 (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 months ended January 31, 2023, an average of 591,472 outstanding options with an average exercise price of $131.64 were excluded from the calculation of diluted earnings per share. For the three months ended January 31,

Legal and regulatory matters

Legal and regulatory matters	3 Months Ended
	Jan. 31, 2023
Text Block [Abstract]
Legal and regulatory matters	Note 12 Legal and regulatory matters We are a large global institution that is subject to many different complex legal and regulatory requirements that continue to evolve. We are and have been subject to a variety of legal proceedings, including civil claims and lawsuits, regulatory examinations, investigations, audits and requests for information by various governmental regulatory agencies and law enforcement authorities in various jurisdictions. Some of these matters may involve novel legal theories and interpretations and may be advanced under criminal as well as civil statutes, and some proceedings could result in the imposition of civil, regulatory enforcement or criminal penalties. We review the status of all proceedings on an ongoing basis and will exercise judgment in resolving them in such manner as we believe to be in our best interest. In many proceedings, it is inherently difficult to determine whether any loss is probable or to reliably estimate the amount of any loss. 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 provisions could be material to our results of operations in any particular period. Our significant legal proceeding and regulatory matters are described in Note 25 of our audited 2022 Annual Consolidated Financial Statements and as updated below. Vacation pay class action On December 29, 2022, the Ontario Superior Court of Justice certified a class in an action against RBC Dominion Securities Limited and RBC Dominion Securities Inc. (together, RBC DS). The action commenced in July 2020, asserting claims relating to statutory vacation pay and public holiday pay for investment advisors, associates and assistants in our Canadian Wealth Management business, with the exception of those employed in Alberta and British Columbia. On January 13, 2023, RBC DS served a notice of motion for leave to appeal the court’s certification decision. Based on the facts currently known, it is not possible at this time to predict the ultimate outcome of these proceedings or the timing of their resolution.

Results by business segment

Results by business segment	3 Months Ended
	Jan. 31, 2023
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Results by business segment	Note 13 Results by business segment Composition of business segments For management purposes, based on the products and services offered, we are organized into four business segments: Personal & Commercial Banking, Wealth Management, Insurance and Capital Markets. Effective the first quarter of 2023, we simplified our reporting structure by eliminating the Investor & Treasury Services segment and moving its former businesses to existing segments. We moved our Investor Services business to our Wealth Management segment, and our Treasury Services and Transaction Banking businesses to our Capital Markets segment. From a reporting perspective, there were no changes to our Personal & Commercial Banking and Insurance segments. Comparative results have been revised to conform to our new basis of segment presentation. For the three months ended January 31, 2023 (Millions of Canadian dollars) Personal & Wealth Insurance Capital Corporate Total Net interest income (2) $ 4,007 $ 1,225 $ – $ 768 $ 202 $ 6,202 Non-interest 1,534 3,360 1,891 2,353 (246 ) 8,892 Total revenue 5,541 4,585 1,891 3,121 (44 ) 15,094 Provision for credit losses 401 66 – 65 – 532 Insurance policyholder benefits, claims and acquisition expense – – 1,545 – – 1,545 Non-interest 2,229 3,434 156 1,701 155 7,675 Income (loss) before income taxes 2,911 1,085 190 1,355 (199 ) 5,342 Income taxes (recoveries) 785 237 42 132 932 2,128 Net income $ 2,126 $ 848 $ 148 $ 1,223 $ (1,131 ) $ 3,214 Non-interest Depreciation and amortization $ 241 $ 301 $ 14 $ 127 $ – $ 683 For the three months ended January 31, 2022 (Millions of Canadian dollars) Personal & Wealth Insurance Capital Corporate Total Net interest income (2) $ 3,229 $ 853 $ – $ 1,296 $ (107 ) $ 5,271 Non-interest 1,574 3,165 1,399 1,696 (39 ) 7,795 Total revenue 4,803 4,018 1,399 2,992 (146 ) 13,066 Provision for credit losses 129 (12 ) – (12 ) – 105 Insurance policyholder benefits, claims and acquisition expense – – 997 – – 997 Non-interest 2,022 2,944 147 1,529 (62 ) 6,580 Income (loss) before income taxes 2,652 1,086 255 1,475 (84 ) 5,384 Income taxes (recoveries) 678 265 58 353 (65 ) 1,289 Net income $ 1,974 $ 821 $ 197 $ 1,122 $ (19 ) $ 4,095 Non-interest Depreciation and amortization $ 233 $ 274 $ 15 $ 126 $ 2 $ 650 (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) Amounts have been revised from those previously presented to conform to our new basis of se g e Total assets and total liabilities by business segment As at January 31, 2023 (Millions of Canadian dollars) Personal & Wealth Insurance Capital Corporate Total Total assets $ 605,870 $ 209,759 $ 23,421 $ 1,035,486 $ 58,483 $ 1,933,019 Total liabilities 605,798 206,943 23,994 1,038,579 (50,094 ) 1,825,220 As at October 31, 2022 (Millions of Canadian dollars) Personal & Wealth Insurance Capital Corporate Total Total assets $ 602,824 $ 206,466 $ 21,918 $ 1,025,892 $ 60,119 $ 1,917,219 Total liabilities 602,741 206,415 22,588 1,025,603 (48,303 ) 1,809,044 (1) Amounts have been revised from those previously presented to conform to our new basis of segment presentation.

Capital management

Capital management	3 Months Ended
	Jan. 31, 2023
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 first As at (Millions of Canadian dollars, except percentage amounts and as otherwise noted) January 31 2023 October 31 2022 Capital (1) CET1 capital $ 78,055 $ 76,945 Tier 1 capital 85,357 84,242 Total capital 96,438 93,850 Risk-weighted assets (RWA) used in calculation of capital ratios (1) Credit risk $ 502,807 $ 496,898 Market risk 32,635 35,342 Operational risk 78,808 77,639 Total RWA $ 614,250 $ 609,879 Capital ratios and Leverage ratio (1) CET1 ratio 12.7% 12.6% Tier 1 capital ratio 13.9% 13.8% Total capital ratio 15.7% 15.4% Leverage ratio 4.4% 4.4% Leverage ratio exposure (billions) $ 1,921 $ 1,898 TLAC available and ratios (2) TLAC available $ 173,179 $ 160,961 TLAC ratio 28.2% 26.4% TLAC leverage ratio 9.0% 8.5% (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) TLAC available and TLAC ratios are calculated using OSFI’s TLAC guideline. The TLAC standard is applied at the resolution entity level which for us is deemed to be Royal Bank of Canada and its subsidiaries. A resolution entity and its subsidiaries are collectively called a resolution group. The TLAC ratio and TLAC leverage ratio are calculated using the TLAC available as percentage of total RWA and leverage exposure, respectively.

Fair value of financial instr_2

Fair value of financial instruments (Tables)	3 Months Ended
	Jan. 31, 2023
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 2022 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 January 31, 2023 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 $ – $ 87,859 $ – $ – $ 5,636 $ 5,636 $ 93,495 $ 93,495 Securities Trading 135,417 10,100 – – – – 145,517 145,517 Investment, net of applicable allowance – – 97,003 977 77,056 71,919 175,036 169,899 135,417 10,100 97,003 977 77,056 71,919 320,553 315,416 Assets purchased under reverse repurchase agreements and securities borrowed 279,899 – – – 48,480 48,480 328,379 328,379 Loans, net of applicable allowance Retail 84 383 229 – 546,746 525,173 547,442 525,869 Wholesale 9,465 3,409 559 – 262,919 257,300 276,352 270,733 9,549 3,792 788 – 809,665 782,473 823,794 796,602 Other Derivatives 130,120 – – – – – 130,120 130,120 Other assets (1) 3,614 4 – – 71,513 71,513 75,131 75,131 Financial liabilities Deposits Personal $ 362 $ 22,899 $ 395,026 $ 392,736 $ 418,287 $ 415,997 Business and government (2) 143 146,499 592,281 591,798 738,923 738,440 Bank (3) – 10,633 35,999 35,938 46,632 46,571 505 180,031 1,023,306 1,020,472 1,203,842 1,201,008 Other Obligations related to securities sold short 35,247 – – – 35,247 35,247 Obligations related to assets sold under – 263,269 27,098 27,098 290,367 290,367 Derivatives 131,082 – – – 131,082 131,082 Other liabilities (4) (430 ) 43 91,115 91,837 90,728 91,450 Subordinated debentures – – 11,530 11,391 11,530 11,391 As at October 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 $ – $ 84,468 $ – $ – $ 23,543 $ 23,543 $ 108,011 $ 108,011 Securities Trading 138,507 9,698 – – – – 148,205 148,205 Investment, net of applicable allowance – – 92,063 828 77,127 70,073 170,018 162,964 138,507 9,698 92,063 828 77,127 70,073 318,223 311,169 Assets purchased under reverse repurchase agreements and securities borrowed 264,665 – – – 53,180 53,180 317,845 317,845 Loans, net of applicable allowance Retail 73 375 218 – 546,767 521,428 547,433 522,094 Wholesale 6,914 3,222 563 – 261,833 253,816 272,532 264,515 6,987 3,597 781 – 808,600 775,244 819,965 786,609 Other Derivatives 154,439 – – – – – 154,439 154,439 Other assets (1) 3,377 – – – 73,084 73,084 76,461 76,461 Financial liabilities Deposits Personal $ 298 $ 21,959 $ 382,675 $ 380,396 $ 404,932 $ 402,653 Business and government (2) 447 152,119 607,304 605,102 759,870 757,668 Bank (3) – 7,196 36,816 36,758 44,012 43,954 745 181,274 1,026,795 1,022,256 1,208,814 1,204,275 Other Obligations related to securities sold short 35,511 – – – 35,511 35,511 Obligations related to assets sold under repurchase agreements and securities loaned – 248,835 25,112 25,112 273,947 273,947 Derivatives 153,491 – – – 153,491 153,491 Other liabilities (4) (360 ) 69 90,348 90,160 90,057 89,869 Subordinated debentures – – 10,025 9,668 10,025 9,668 (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 January 31, 2023 October 31, 2022 Fair value measurements using Netting adjustments Fair value measurements using Netting adjustments (Millions of Canadian dollars) Level 1 Level 2 Level 3 Fair value Level 1 Level 2 Level 3 Fair value Financial assets Interest-bearing deposits with banks $ – $ 87,859 $ – $ $ 87,859 $ – $ 84,468 $ – $ $ 84,468 Securities Trading Debt issued or guaranteed by: Canadian government (1) Federal 15,027 2,953 – 17,980 15,024 3,779 – 18,803 Provincial and municipal – 13,752 – 13,752 – 13,257 – 13,257 U.S. federal, state, municipal and agencies (1), (2) 694 30,097 – 30,791 1,254 35,570 4 36,828 Other OECD government ( 3 1,629 1,673 – 3,302 1,325 3,452 – 4,777 Mortgage-backed securities (1) – 2 – 2 – 2 – 2 Asset-backed securities Non-CDO (4) – 1,222 – 1,222 – 1,308 2 1,310 Corporate debt and other debt – 22,658 – 22,658 – 21,162 7 21,169 Equities 49,836 3,868 2,106 55,810 46,592 3,593 1,874 52,059 67,186 76,225 2,106 145,517 64,195 82,123 1,887 148,205 Investment Debt issued or guaranteed by: Canadian government (1) Federal 1,068 3,516 – 4,584 1,226 2,555 – 3,781 Provincial and municipal – 2,406 – 2,406 – 2,124 – 2,124 U.S. federal, state, municipal and agencies (1) – 45,764 – 45,764 440 43,918 – 44,358 Other OECD government – 7,641 – 7,641 – 5,144 – 5,144 Mortgage-backed securities (1) – 2,715 28 2,743 – 2,860 28 2,888 Asset-backed securities CDO – 7,443 – 7,443 – 7,524 – 7,524 Non-CDO – 473 – 473 – 524 – 524 Corporate debt and other debt – 25,800 149 25,949 – 25,569 151 25,720 Equities 36 521 420 977 36 395 397 828 1,104 96,279 597 97,980 1,702 90,613 576 92,891 Assets purchased under reverse repurchase agreements and – 279,899 – 279,899 – 264,665 – 264,665 Loans – 11,532 2,597 14,129 – 9,673 1,692 11,365 Other Derivatives Interest rate contracts – 35,145 246 35,391 – 39,804 263 40,067 Foreign exchange contracts – 82,123 9 82,132 – 99,424 13 99,437 Credit derivatives – 355 – 355 – 388 – 388 Other contracts 2,220 12,862 75 15,157 3,939 14,786 62 18,787 Valuation adjustments – (1,463 ) 6 (1,457 ) – (2,100 ) 45 (2,055 ) Total gross derivatives 2,220 129,022 336 131,578 3,939 152,302 383 156,624 Netting adjustments (1,458 ) (1,458 ) (2,185 ) (2,185 ) Total derivatives 130,120 154,439 Other assets 1,411 2,194 13 3,618 1,221 2,141 15 3,377 $ 71,921 $ 683,010 $ 5,649 $ (1,458 ) $ 759,122 $ 71,057 $ 685,985 $ 4,553 $ (2,185 ) $ 759,410 Financial liabilities Deposits Personal $ – $ 23,011 $ 250 $ $ 23,261 $ – $ 22,016 $ 241 $ $ 22,257 Business and government – 146,642 – 146,642 – 152,566 – 152,566 Bank – 10,633 – 10,633 – 7,196 – 7,196 Other Obligations related to securities sold short 13,127 22,120 – 35,247 16,383 19,128 – 35,511 Obligations related to assets sold under repurchase agreements and – 263,269 – 263,269 – 248,835 – 248,835 Derivatives Interest rate contracts – 33,532 900 34,432 – 39,592 1,122 40,714 Foreign exchange contracts – 77,755 72 77,827 – 94,310 145 94,455 Credit derivatives – 76 – 76 – 125 – 125 Other contracts 2,529 17,543 622 20,694 3,847 16,663 847 21,357 Valuation adjustments – (478 ) (11 ) (489 ) – (967 ) (8 ) (975 ) Total gross derivatives 2,529 128,428 1,583 132,540 3,847 149,723 2,106 155,676 Netting adjustments (1,458 ) (1,458 ) (2,185 ) (2,185 ) Total derivatives 131,082 153,491 Other liabilities 405 (792 ) – (387 ) 341 (632 ) – (291 ) $ 16,061 $ 593,311 $ 1,833 $ (1,458 ) $ 609,747 $ 20,571 $ 598,832 $ 2,347 $ (2,185 ) $ 619,565 (1) As at January 31, 2023, residential and commercial mortgage-backed securities (MBS) included in all fair value levels of trading securities were $11,661 million and $nil (October 31, 2022 – $12,273 million and $nil), respectively, and in all fair value levels of Investment securities were $20,631 million and $2,832 million (October 31, 2022 – $23,362 million and $2,755 million), respectively. (2) United States (U.S.). (3) Organisation for Economic Co-operation (4) 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 January 31, 2023 (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 $ 4 $ – $ – $ – $ (4 ) $ – $ – $ – $ – Asset-backed securities Non-CDO 2 – – – (2 ) – – – – Corporate debt and other debt 7 – – – – – (7 ) – – Equities 1,874 (14 ) (25 ) 250 (20 ) 41 – 2,106 (32 ) 1,887 (14 ) (25 ) 250 (26 ) 41 (7 ) 2,106 (32 ) Investment Mortgage-backed securities 28 – – – – – – 28 n.a. Corporate debt and other debt 151 – (1 ) – (1 ) – – 149 n.a. Equities 397 – 24 – (1 ) – – 420 n.a. 576 – 23 – (2 ) – – 597 n.a. Loans 1,692 (52 ) (7 ) 1,193 (120 ) 28 (137 ) 2,597 (15 ) Other Net derivative balances (3) Interest rate contracts (859 ) 5 5 (20 ) 173 18 24 (654 ) 8 Foreign exchange contracts (132 ) 5 8 4 37 – 15 (63 ) 8 Other contracts (785 ) (55 ) 17 (8 ) 62 (31 ) 253 (547 ) (26 ) Valuation adjustments 53 – – – (36 ) – – 17 – Other assets 15 – – – (2 ) – – 13 – $ 2,447 $ (111 ) $ 21 $ 1,419 $ 86 $ 56 $ 148 $ 4,066 $ (57 ) Liabilities Deposits $ (241 ) $ (20 ) $ 1 $ (35 ) $ 2 $ (34 ) $ 77 $ (250 ) $ (14 ) Other Other liabilities – – – – – – – – – $ (241 ) $ (20 ) $ 1 $ (35 ) $ 2 $ (34 ) $ 77 $ (250 ) $ (14 ) For the three months ended January 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 $ – $ (4 ) $ – $ – $ 22 $ – Asset-backed securities Non-CDO 2 – – – – – – 2 – Corporate debt and other debt 25 (1 ) – – (5 ) – (4 ) 15 (1 ) Equities 1,530 74 23 82 (20 ) – – 1,689 94 1,582 73 24 82 (29 ) – (4 ) 1,728 93 Investment Mortgage-backed securities 20 – – – – – – 20 n.a. Corporate debt and other debt 152 – 3 – – – – 155 n.a. Equities 334 – 45 6 (1 ) – (35 ) 349 n.a. 506 – 48 6 (1 ) – (35 ) 524 n.a. Loans 1,077 10 (8 ) 56 (461 ) 7 (2 ) 679 10 Other Net derivative balances (3) Interest rate contracts (635 ) (11 ) 1 1 82 – 7 (555 ) (8 ) Foreign exchange contracts 47 (30 ) 1 – (4 ) – (7 ) 7 (32 ) Other contracts (393 ) 61 (8 ) (103 ) 42 (76 ) 29 (448 ) 70 Valuation adjustments 20 – – – – 19 – 39 – Other assets – – – – – – – – – $ 2,204 $ 103 $ 58 $ 42 $ (371 ) $ (50 ) $ (12 ) $ 1,974 $ 133 Liabilities Deposits $ (151 ) $ (6 ) $ (1 ) $ (27 ) $ 5 $ (20 ) $ 78 $ (122 ) $ 6 Other Other liabilities (7 ) – – – – – – (7 ) – $ (158 ) $ (6 ) $ (1 ) $ (27 ) $ 5 $ (20 ) $ 78 $ (129 ) $ 6 (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 $ (2) Other includes amortization of premiums or discounts recognized in net income. (3) Net derivatives as at January 31, 2023 included derivative assets of $336 million (January 31, 2022 – $441 million) and derivative liabilities of $1,583 million (January 31, 2022 – $1,398 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 For the three months ended (Millions of Canadian dollars) January 31 2023 January 31 2022 Interest and dividend income (1), (2) Financial instruments measured at fair value through profit or loss $ 6,709 $ 1,419 Financial instruments measured at fair value through other comprehensive income 942 77 Financial instruments measured at amortized cost 11,686 5,882 19,337 7,378 Interest expense (1) Financial instruments measured at fair value through profit or loss 6,240 861 Financial instruments measured at amortized cost 6,895 1,246 13,135 2,107 Net interest income $ 6,202 $ 5,271 (1) Excludes the following amounts related to our insurance operations and included in Insurance premiums, investment and fee income in the Interim Condensed Consolidated Statements of Income: for the three months ended January 31, 2023, Interest income of (2) Includes dividend income for the three months ended January 31, 2023 of $792 million (January 31, 2022 – $750 million), which is presented in Interest and dividend income in the Interim Condensed Consolidated Statements of Income.

Securities (Tables)

Securities (Tables)	3 Months Ended
	Jan. 31, 2023
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 January 31, 2023 October 31, 2022 (Millions of Canadian dollars) Cost/ Gross Gross Fair value Cost/ Gross Gross Fair value Debt issued or guaranteed by: Canadian government Federal $ 4,840 $ 2 $ (258 ) $ 4,584 $ 4,081 $ 1 $ (301 ) $ 3,781 Provincial and municipal 2,891 1 (486 ) 2,406 2,685 6 (567 ) 2,124 U.S. federal, state, municipal and agencies 46,990 286 (1,512 ) 45,764 46,034 343 (2,019 ) 44,358 Other OECD government 7,645 4 (8 ) 7,641 5,154 7 (17 ) 5,144 Mortgage-backed securities 2,816 2 (75 ) 2,743 2,985 1 (98 ) 2,888 Asset-backed securities CDO 7,538 3 (98 ) 7,443 7,741 3 (220 ) 7,524 Non-CDO 485 1 (13 ) 473 547 – (23 ) 524 Corporate debt and other debt 26,020 41 (112 ) 25,949 25,852 51 (183 ) 25,720 Equities 674 308 (5 ) 977 551 284 (7 ) 828 $ 99,899 $ 648 $ (2,567 ) $ 97,980 $ 95,630 $ 696 $ (3,435 ) $ 92,891 (1) Excludes $77,056 million (2) Gross unrealized gains and losses includes $(19) million
Summary of Allowance for credit losses - Securities at Amortized Cost	Allowance for credit losses – securities at FVOCI (1) For the three months ended January 31, 2023 January 31, 2022 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 $ $ 1 $ (23 ) $ (19 ) $ 2 $ 1 $ (12 ) $ (9 ) Provision for credit losses Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – – – – – – – Purchases 2 – – 2 – – – – Sales and maturities – – – – – – – – Changes in risk, parameters and exposures (1 ) – (2 ) (3 ) – – (2 ) (2 ) Exchange rate and other – – 1 1 – – – – Balance at end of period $ 4 $ 1 $ (24 ) $ (19 ) $ 2 $ 1 $ (14 ) $ (11 ) (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 For the three months ended January 31, 2023 January 31, 2022 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 $ 8 $ 14 $ – $ 22 $ 5 $ 18 $ – $ 23 Provision for credit losses Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – – – – – – – Purchases 4 – – 4 6 – – 6 Sales and maturities – – – – (1 ) – – (1 ) Changes in risk, parameters and exposures (2 ) (1 ) – (3 ) (1 ) (1 ) – (2 ) Exchange rate and other – – – – – – – – Balance at end of period $ 10 $ 13 $ – $ 23 $ 9 $ 17 $ – $ 26
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 2022 Annual Report. As at January 31, 2023 October 31, 2022 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 $ 96,195 $ 53 $ – $ 96,248 $ 91,177 $ 56 $ – $ 91,233 Non-investment 606 – – 606 680 – – 680 Impaired – – 149 149 – – 150 150 96,801 53 149 97,003 91,857 56 150 92,063 Items not subject to impairment (2) 977 828 $ 97,980 $ 92,891 Securities at amortized cost Investment grade $ 75,962 $ – $ – $ 75,962 $ 76,035 $ – $ – $ 76,035 Non-investment 908 209 – 1,117 898 216 – 1,114 Impaired – – – – – – – – 76,870 209 – 77,079 76,933 216 – 77,149 Allowance for credit losses 10 13 – 23 8 14 – 22 $ 76,860 $ 196 $ – $ 77,056 $ 76,925 $ 202 $ – $ 77,127 (1) Reflects $149 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)	3 Months Ended
	Jan. 31, 2023
Text Block [Abstract]
Disclosure of Allowance for Credit Losses	Allowance for credit losses For the three months ended January 31, 2023 January 31, 2022 (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 $ 432 $ 51 $ (5 ) $ (9 ) $ 469 $ 416 $ (6 ) $ (5 ) $ 4 $ 409 Personal 1,043 169 (83 ) – 1,129 1,079 18 (56 ) (3 ) 1,038 Credit cards 893 136 (102 ) (1 ) 926 875 65 (71 ) 1 870 Small business 194 17 (9 ) 2 204 177 3 (4 ) 2 178 Wholesale 1,574 161 (17 ) (38 ) 1,680 1,797 12 (6 ) 8 1,811 Customers’ liability under acceptances 45 (4 ) – – 41 75 8 – – 83 $ 4,181 $ 530 $ (216 ) $ (46 ) $ 4,449 $ 4,419 $ 100 $ (142 ) $ 12 $ 4,389 Presented as: Allowance for loan losses $ 3,753 $ 3,999 $ 4,089 $ 4,047 Other liabilities – Provisions 378 403 241 251 Customers’ liability under acceptances 45 41 75 83 Other components of equity 5 6 14 8
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 January 31, 2023 January 31, 2022 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 $ 235 $ 65 $ 132 $ 432 $ 186 $ 92 $ 138 $ 416 Provision for credit losses Transfers to stage 1 13 (13 ) – – 24 (19 ) (5 ) – Transfers to stage 2 (6 ) 10 (4 ) – (2 ) 2 – – Transfers to stage 3 – (3 ) 3 – (1 ) (7 ) 8 – Originations 30 – – 30 30 – – 30 Maturities (4 ) (2 ) – (6 ) (7 ) (3 ) – (10 ) Changes in risk, parameters and exposures (13 ) 25 15 27 (44 ) 19 (1 ) (26 ) Write-offs – – (8 ) (8 ) – – (10 ) (10 ) Recoveries – – 3 3 – – 5 5 Exchange rate and other (1 ) – (8 ) (9 ) 1 1 2 4 Balance at end of period $ 254 $ 82 $ 133 $ 469 $ 187 $ 85 $ 137 $ 409 Personal Balance at beginning of period $ 285 $ 661 $ 97 $ 1,043 $ 422 $ 569 $ 88 $ 1,079 Provision for credit losses Transfers to stage 1 150 (150 ) – – 170 (169 ) (1 ) – Transfers to stage 2 (23 ) 23 – – (22 ) 22 – – Transfers to stage 3 – (13 ) 13 – (1 ) (12 ) 13 – Originations 23 – – 23 26 – – 26 Maturities (12 ) (25 ) – (37 ) (21 ) (25 ) – (46 ) Changes in risk, parameters and exposures (138 ) 231 90 183 (171 ) 162 47 38 Write-offs – – (112 ) (112 ) – – (86 ) (86 ) Recoveries – – 29 29 – – 30 30 Exchange rate and other 1 (2 ) 1 – 1 – (4 ) (3 ) Balance at end of period $ 286 $ 725 $ 118 $ 1,129 $ 404 $ 547 $ 87 $ 1,038 Credit cards Balance at beginning of period $ 177 $ 716 $ – $ 893 $ 233 $ 642 $ – $ 875 Provision for credit losses Transfers to stage 1 164 (164 ) – – 146 (146 ) – – Transfers to stage 2 (20 ) 20 – – (23 ) 23 – – Transfers to stage 3 – (94 ) 94 – (1 ) (70 ) 71 – Originations 4 – – 4 4 – – 4 Maturities (1 ) (7 ) – (8 ) (1 ) (7 ) – (8 ) Changes in risk, parameters and exposures (139 ) 271 8 140 (132 ) 201 – 69 Write-offs – – (142 ) (142 ) – – (112 ) (112 ) Recoveries – – 40 40 – – 41 41 Exchange rate and other (1 ) – – (1 ) – 1 – 1 Balance at end of period $ 184 $ 742 $ – $ 926 $ 226 $ 644 $ – $ 870 Small business Balance at beginning of period $ 73 $ 73 $ 48 $ 194 $ 88 $ 55 $ 34 $ 177 Provision for credit losses Transfers to stage 1 10 (10 ) – – 5 (5 ) – – Transfers to stage 2 (3 ) 3 – – (2 ) 2 – – Transfers to stage 3 – (2 ) 2 – – (1 ) 1 – Originations 8 – – 8 9 – – 9 Maturities (4 ) (6 ) – (10 ) (5 ) (7 ) – (12 ) Changes in risk, parameters and exposures (12 ) 13 18 19 (10 ) 11 5 6 Write-offs – – (11 ) (11 ) – – (6 ) (6 ) Recoveries – – 2 2 – – 2 2 Exchange rate and other 1 2 (1 ) 2 2 1 (1 ) 2 Balance at end of period $ 73 $ 73 $ 58 $ 204 $ 87 $ 56 $ 35 $ 178 Wholesale Balance at beginning of period $ 597 $ 585 $ 392 $ 1,574 $ 566 $ 794 $ 437 $ 1,797 Provision for credit losses Transfers to stage 1 51 (51 ) – – 108 (107 ) (1 ) – Transfers to stage 2 (20 ) 21 (1 ) – (18 ) 18 – – Transfers to stage 3 (3 ) (14 ) 17 – (1 ) (4 ) 5 – Originations 153 – – 153 156 – – 156 Maturities (118 ) (71 ) – (189 ) (106 ) (107 ) – (213 ) Changes in risk, parameters and exposures (55 ) 150 102 197 (129 ) 160 38 69 Write-offs – – (26 ) (26 ) – – (23 ) (23 ) Recoveries – – 9 9 – – 17 17 Exchange rate and other (5 ) (8 ) (25 ) (38 ) 4 11 (7 ) 8 Balance at end of period $ 600 $ 612 $ 468 $ 1,680 $ 580 $ 765 $ 466 $ 1,811
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 January 31, 2023 October 31, 2022 (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 $ 341,075 $ 3,768 $ – $ 344,843 $ 340,716 $ 2,573 $ – $ 343,289 Medium risk 16,113 1,433 – 17,546 15,035 1,932 – 16,967 High risk 1,250 3,720 – 4,970 1,188 3,125 – 4,313 Not rated (1) 51,441 1,321 – 52,762 51,915 1,304 – 53,219 Impaired – – 594 594 – – 560 560 409,879 10,242 594 420,715 408,854 8,934 560 418,348 Items not subject to impairment (2) 467 448 Total $ 421,182 $ 418,796 Loans outstanding – Personal Low risk $ 72,387 $ 3,031 $ – $ 75,418 $ 73,339 $ 2,575 $ – $ 75,914 Medium risk 5,184 3,028 – 8,212 5,482 3,780 – 9,262 High risk 358 1,858 – 2,216 836 1,660 – 2,496 Not rated (1) 9,368 98 – 9,466 9,733 104 – 9,837 Impaired – – 227 227 – – 200 200 Total $ 87,297 $ 8,015 $ 227 $ 95,539 $ 89,390 $ 8,119 $ 200 $ 97,709 Loans outstanding – Credit cards Low risk $ 15,063 $ 96 $ – $ 15,159 $ 15,088 $ 83 $ – $ 15,171 Medium risk 1,506 1,524 – 3,030 1,418 1,911 – 3,329 High risk 37 1,315 – 1,352 39 1,255 – 1,294 Not rated (1) 784 33 – 817 751 32 – 783 Total $ 17,390 $ 2,968 $ – $ 20,358 $ 17,296 $ 3,281 $ – $ 20,577 Loans outstanding – Small business Low risk $ 8,496 $ 951 $ – $ 9,447 $ 8,571 $ 838 $ – $ 9,409 Medium risk 1,640 975 – 2,615 1,512 1,130 – 2,642 High risk 111 466 – 577 102 375 – 477 Not rated (1) 6 – – 6 3 – – 3 Impaired – – 169 169 – – 138 138 Total $ 10,253 $ 2,392 $ 169 $ 12,814 $ 10,188 $ 2,343 $ 138 $ 12,669 Undrawn loan commitments – Retail Low risk $ 252,902 $ 1,385 $ – $ 254,287 $ 247,620 $ 1,041 $ – $ 248,661 Medium risk 9,272 267 – 9,539 9,021 246 – 9,267 High risk 870 414 – 1,284 876 367 – 1,243 Not rated (1) 5,872 126 – 5,998 5,668 118 – 5,786 Total $ 268,916 $ 2,192 $ – $ 271,108 $ 263,185 $ 1,772 $ – $ 264,957 Wholesale – Loans outstanding Investment grade $ 90,382 $ 291 $ – $ 90,673 $ 88,513 $ 202 $ – $ 88,715 Non-investment 146,386 15,670 – 162,056 145,908 15,758 – 161,666 Not rated (1) 10,398 290 – 10,688 11,789 360 – 12,149 Impaired – – 1,609 1,609 – – 1,301 1,301 247,166 16,251 1,609 265,026 246,210 16,320 1,301 263,831 Items not subject to impairment (2) 12,874 10,136 Total $ 277,900 $ 273,967 Undrawn loan commitments – Wholesale Investment grade $ 297,620 $ 291 $ – $ 297,911 $ 284,481 $ 179 $ – $ 284,660 Non-investment 123,907 11,034 – 134,941 126,225 10,657 – 136,882 Not rated (1) 3,568 – – 3,568 3,692 1 – 3,693 Total $ 425,095 $ 11,325 $ – $ 436,420 $ 414,398 $ 10,837 $ – $ 425,235 (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 January 31, 2023 October 31, 2022 (Millions of Canadian dollars) 30 to 89 days 90 days Total 30 to 89 days 90 days Total Retail $ 1,392 $ 173 $ 1,565 $ 1,328 $ 168 $ 1,496 Wholesale 1,080 26 1,106 1,279 2 1,281 $ 2,472 $ 199 $ 2,671 $ 2,607 $ 170 $ 2,777 (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)	3 Months Ended
	Jan. 31, 2023
Text Block [Abstract]
Summary of Deposit Liabilities	As at January 31, 2023 October 31, 2022 (Millions of Canadian dollars) Demand Notice Term Total Demand (1) Notice (2) Term (3) Total Personal $ 195,109 $ 60,439 $ 162,739 $ 418,287 $ 203,645 $ 64,743 $ 136,544 $ 404,932 Business and government 307,912 15,058 415,953 738,923 348,004 17,855 394,011 759,870 Bank 7,698 1,146 37,788 46,632 10,458 490 33,064 44,012 $ 510,719 $ 76,643 $ 616,480 $ 1,203,842 $ 562,107 $ 83,088 $ 563,619 $ 1,208,814 Non-interest-bearing (4) Canada $ 140,886 $ 7,226 $ 174 $ 148,286 $ 149,737 $ 7,797 $ 466 $ 158,000 United States 44,851 – – 44,851 52,702 – – 52,702 Europe (5) 21 – – 21 620 – – 620 Other International 7,433 – – 7,433 7,840 – – 7,840 Interest-bearing (4) Canada 295,237 16,645 444,655 756,537 305,779 17,982 409,586 733,347 United States 10,219 52,592 90,539 153,350 11,410 57,055 85,111 153,576 Europe (5) 6,457 180 63,137 69,774 28,276 254 52,144 80,674 Other International 5,615 – 17,975 23,590 5,743 – 16,312 22,055 $ 510,719 $ 76,643 $ 616,480 $ 1,203,842 $ 562,107 $ 83,088 $ 563,619 $ 1,208,814 (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 January 31, 2023, deposits denominated in U.S. dollars, British pounds, Euro and other foreign currencies were $451 billion, billion, billion and billion, respectively (5) Europe includes the United Kingdom, the Channel Islands, France and Luxembourg.
Summary of Contractual Maturities of Term Deposit Liabilities	Contractual maturities of term deposits As at (Millions of Canadian dollars) January 31 2023 October 31 2022 Within 1 year: less than 3 months $ 169,164 $ 159,602 3 to 6 months 79,638 61,996 6 to 12 months 155,578 156,531 1 to 2 years 57,494 49,225 2 to 3 years 45,745 42,809 3 to 4 years 34,562 27,609 4 to 5 years 36,996 33,835 Over 5 years 37,303 32,012 $ 616,480 $ 563,619 Aggregate amount of term deposits in denominations of one hundred thousand dollars or more $ 570,000 $ 521,000

Employee benefits - Pension a_2

Employee benefits - Pension and other post-employment benefits (Tables)	3 Months Ended
	Jan. 31, 2023
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) January 31 2023 January 31 2022 January 31 2023 January 31 2022 Current service costs $ 48 $ 77 $ 8 $ 10 Past service costs – – – 2 Net interest expense (income) (40 ) (21 ) 19 16 Remeasurements of other long-term benefits – – 2 1 Administrative expense 3 3 – – Defined benefit pension expense 11 59 29 29 Defined contribution pension expense 85 74 – – $ 96 $ 133 $ 29 $ 29
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) January 31 2023 January 31 2022 January 31 2023 January 31 2022 Actuarial (gains) losses: Changes in financial assumptions (2) $ 772 $ (661 ) $ 75 $ (40 ) Return on plan assets (excluding interest based on discount rate) (594 ) 318 – – $ 178 $ (343 ) $ 75 $ (40 ) (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)	3 Months Ended
	Jan. 31, 2023
Text Block [Abstract]
Summary of Common Shares Issued	For the three months ended January 31, 2023 January 31, 2022 (Millions of Canadian dollars, except number of shares) Number of Amount Number of Amount Issued in connection with share-based compensation plans (2) 269 $ 24 407 $ 34 Purchased for cancellation (3) – – (8,871 ) (111 ) 269 $ 24 (8,464 ) $ (77 ) (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 months ended January 31, 2023 and January 31, 2022, our DRIP’s requirements were satisfied through open market purchases. The Bank issued shares from treasury on February 24, 2023 to satisfy the DRIP at a % discount from the average market price as defined in the DRIP. (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 January 31, 2023, we did not purchase for cancellation any common shares. During the three months ended January 31, 2022, we purchased for cancellation common shares at a total fair value of $1,214 million (average cost of $136.84 per share), with a book value of $111 million (book value of $12.45 per share).

Earnings per share (Tables)

Earnings per share (Tables)	3 Months Ended
	Jan. 31, 2023
Text Block [Abstract]
Summary of Earnings Per Share	For the three months ended (Millions of Canadian dollars, except share and per share amounts) January 31 2023 January 31 2022 Basic earnings per share Net income $ 3,214 $ 4,095 Dividends on preferred shares and distributions on other equity instruments (44 ) (54 ) Net income attributable to non-controlling (2 ) (2 ) Net income available to common shareholders $ 3,168 $ 4,039 Weighted average number of common shares (in thousands) 1,382,754 1,421,807 Basic earnings per share (in dollars) $ 2.29 $ 2.84 Diluted earnings per share Net income available to common shareholders $ 3,168 $ 4,039 Weighted average number of common shares (in thousands) 1,382,754 1,421,807 Stock options (1) 1,756 2,195 Issuable under other share-based compensation plans 26 600 Average number of diluted common shares (in thousands) 1,384,536 1,424,602 Diluted earnings per share (in dollars) $ 2.29 $ 2.84 (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 months ended January 31, 2023, an average of 591,472 outstanding options with an average exercise price of $131.64 were excluded from the calculation of diluted earnings per share. For the three months ended January 31,

Results by business segment (Ta

Results by business segment (Tables)	3 Months Ended
	Jan. 31, 2023
Text Block [Abstract]
Disclosure of operating segments	For the three months ended January 31, 2023 (Millions of Canadian dollars) Personal & Wealth Insurance Capital Corporate Total Net interest income (2) $ 4,007 $ 1,225 $ – $ 768 $ 202 $ 6,202 Non-interest 1,534 3,360 1,891 2,353 (246 ) 8,892 Total revenue 5,541 4,585 1,891 3,121 (44 ) 15,094 Provision for credit losses 401 66 – 65 – 532 Insurance policyholder benefits, claims and acquisition expense – – 1,545 – – 1,545 Non-interest 2,229 3,434 156 1,701 155 7,675 Income (loss) before income taxes 2,911 1,085 190 1,355 (199 ) 5,342 Income taxes (recoveries) 785 237 42 132 932 2,128 Net income $ 2,126 $ 848 $ 148 $ 1,223 $ (1,131 ) $ 3,214 Non-interest Depreciation and amortization $ 241 $ 301 $ 14 $ 127 $ – $ 683 For the three months ended January 31, 2022 (Millions of Canadian dollars) Personal & Wealth Insurance Capital Corporate Total Net interest income (2) $ 3,229 $ 853 $ – $ 1,296 $ (107 ) $ 5,271 Non-interest 1,574 3,165 1,399 1,696 (39 ) 7,795 Total revenue 4,803 4,018 1,399 2,992 (146 ) 13,066 Provision for credit losses 129 (12 ) – (12 ) – 105 Insurance policyholder benefits, claims and acquisition expense – – 997 – – 997 Non-interest 2,022 2,944 147 1,529 (62 ) 6,580 Income (loss) before income taxes 2,652 1,086 255 1,475 (84 ) 5,384 Income taxes (recoveries) 678 265 58 353 (65 ) 1,289 Net income $ 1,974 $ 821 $ 197 $ 1,122 $ (19 ) $ 4,095 Non-interest Depreciation and amortization $ 233 $ 274 $ 15 $ 126 $ 2 $ 650 (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) Amounts have been revised from those previously presented to conform to our new basis of se g e Total assets and total liabilities by business segment As at January 31, 2023 (Millions of Canadian dollars) Personal & Wealth Insurance Capital Corporate Total Total assets $ 605,870 $ 209,759 $ 23,421 $ 1,035,486 $ 58,483 $ 1,933,019 Total liabilities 605,798 206,943 23,994 1,038,579 (50,094 ) 1,825,220 As at October 31, 2022 (Millions of Canadian dollars) Personal & Wealth Insurance Capital Corporate Total Total assets $ 602,824 $ 206,466 $ 21,918 $ 1,025,892 $ 60,119 $ 1,917,219 Total liabilities 602,741 206,415 22,588 1,025,603 (48,303 ) 1,809,044 (1) Amounts have been revised from those previously presented to conform to our new basis of segment presentation.

Capital management (Tables)

Capital management (Tables)	3 Months Ended
	Jan. 31, 2023
Text Block [Abstract]
Summary of Regulatory Capital and Capital Ratios	As at (Millions of Canadian dollars, except percentage amounts and as otherwise noted) January 31 2023 October 31 2022 Capital (1) CET1 capital $ 78,055 $ 76,945 Tier 1 capital 85,357 84,242 Total capital 96,438 93,850 Risk-weighted assets (RWA) used in calculation of capital ratios (1) Credit risk $ 502,807 $ 496,898 Market risk 32,635 35,342 Operational risk 78,808 77,639 Total RWA $ 614,250 $ 609,879 Capital ratios and Leverage ratio (1) CET1 ratio 12.7% 12.6% Tier 1 capital ratio 13.9% 13.8% Total capital ratio 15.7% 15.4% Leverage ratio 4.4% 4.4% Leverage ratio exposure (billions) $ 1,921 $ 1,898 TLAC available and ratios (2) TLAC available $ 173,179 $ 160,961 TLAC ratio 28.2% 26.4% TLAC leverage ratio 9.0% 8.5% (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) TLAC available and TLAC ratios are calculated using OSFI’s TLAC guideline. The TLAC standard is applied at the resolution entity level which for us is deemed to be Royal Bank of Canada and its subsidiaries. A resolution entity and its subsidiaries are collectively called a resolution group. The TLAC ratio and TLAC leverage ratio are calculated using the TLAC available as percentage of total RWA and leverage exposure, respectively.

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	Jan. 31, 2023	Oct. 31, 2022
Financial assets
Interest-bearing deposits with banks	$ 93,495	$ 108,011
Securities
Trading	145,517	148,205
Investment, net of applicable allowance	175,036	170,018
Securities	320,553	318,223
Assets purchased under reverse repurchase agreements and securities borrowed	328,379	317,845
Loans, net of applicable allowance
Loans, net	823,794	819,965
Other
Derivatives	130,120	154,439
Deposits
Personal	418,287	404,932
Business and government	738,923	759,870
Bank	46,632	44,012
Deposits	1,203,842	1,208,814
Other
Obligations related to securities sold short	35,247	35,511
Obligations related to assets sold under repurchase agreements and securities loaned	290,367	273,947
Derivatives	131,082	153,491
Subordinated debentures	11,530	10,025
Financial assets classified as FVTPL [member]
Securities
Trading	135,417	138,507
Securities	135,417	138,507
Assets purchased under reverse repurchase agreements and securities borrowed	279,899	264,665
Loans, net of applicable allowance
Retail	84	73
Wholesale	9,465	6,914
Loans, net	9,549	6,987
Other
Derivatives	130,120	154,439
Other assets	3,614	3,377
Financial assets designated as FVTPL [member]
Financial assets
Interest-bearing deposits with banks	87,859	84,468
Securities
Trading	10,100	9,698
Securities	10,100	9,698
Loans, net of applicable allowance
Retail	383	375
Wholesale	3,409	3,222
Loans, net	3,792	3,597
Other
Other assets	4
Financial assets classified as FVOCI [member]
Securities
Investment, net of applicable allowance	97,003	92,063
Securities	97,003	92,063
Loans, net of applicable allowance
Retail	229	218
Wholesale	559	563
Loans, net	788	781
Financial assets designated as FVOCI [member]
Securities
Investment, net of applicable allowance	977	828
Securities	977	828
Financial liabilities classified as FVTPL [member]
Deposits
Personal	362	298
Business and government	143	447
Deposits	505	745
Other
Obligations related to securities sold short	35,247	35,511
Derivatives	131,082	153,491
Other liabilities	(430)	(360)
Financial liabilities designated as FVTPL [member]
Deposits
Personal	22,899	21,959
Business and government	146,499	152,119
Bank	10,633	7,196
Deposits	180,031	181,274
Other
Obligations related to assets sold under repurchase agreements and securities loaned	263,269	248,835
Other liabilities	43	69
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	5,636	23,543
Securities
Investment, net of applicable allowance	71,919	70,073
Securities	71,919	70,073
Assets purchased under reverse repurchase agreements and securities borrowed	48,480	53,180
Loans, net of applicable allowance
Retail	525,173	521,428
Wholesale	257,300	253,816
Loans, net	782,473	775,244
Other
Other assets	71,513	73,084
Fair value of financial instruments not measured at fair value [member] | Financial liabilities measured at amortized cost [member]
Deposits
Personal	392,736	380,396
Business and government	591,798	605,102
Bank	35,938	36,758
Deposits	1,020,472	1,022,256
Other
Obligations related to assets sold under repurchase agreements and securities loaned	27,098	25,112
Other liabilities	91,837	90,160
Subordinated debentures	11,391	9,668
Financial assets at carrying amount [member]
Financial assets
Interest-bearing deposits with banks	93,495	108,011
Securities
Trading	145,517	148,205
Investment, net of applicable allowance	175,036	170,018
Securities	320,553	318,223
Assets purchased under reverse repurchase agreements and securities borrowed	328,379	317,845
Loans, net of applicable allowance
Retail	547,442	547,433
Wholesale	276,352	272,532
Loans, net	823,794	819,965
Other
Derivatives	130,120	154,439
Other assets	75,131	76,461
Financial assets at carrying amount [member] | Financial assets measured at amortized cost [member]
Financial assets
Interest-bearing deposits with banks	5,636	23,543
Securities
Investment, net of applicable allowance	77,056	77,127
Securities	77,056	77,127
Assets purchased under reverse repurchase agreements and securities borrowed	48,480	53,180
Loans, net of applicable allowance
Retail	546,746	546,767
Wholesale	262,919	261,833
Loans, net	809,665	808,600
Other
Other assets	71,513	73,084
Financial assets at fair value [member]
Financial assets
Interest-bearing deposits with banks	93,495	108,011
Securities
Trading	145,517	148,205
Investment, net of applicable allowance	169,899	162,964
Securities	315,416	311,169
Assets purchased under reverse repurchase agreements and securities borrowed	328,379	317,845
Loans, net of applicable allowance
Retail	525,869	522,094
Wholesale	270,733	264,515
Loans, net	796,602	786,609
Other
Derivatives	130,120	154,439
Other assets	75,131	76,461
Financial liabilities at carrying amount [member]
Deposits
Personal	418,287	404,932
Business and government	738,923	759,870
Bank	46,632	44,012
Deposits	1,203,842	1,208,814
Other
Obligations related to securities sold short	35,247	35,511
Obligations related to assets sold under repurchase agreements and securities loaned	290,367	273,947
Derivatives	131,082	153,491
Other liabilities	90,728	90,057
Subordinated debentures	11,530	10,025
Financial liabilities at carrying amount [member] | Financial liabilities measured at amortized cost [member]
Deposits
Personal	395,026	382,675
Business and government	592,281	607,304
Bank	35,999	36,816
Deposits	1,023,306	1,026,795
Other
Obligations related to assets sold under repurchase agreements and securities loaned	27,098	25,112
Other liabilities	91,115	90,348
Subordinated debentures	11,530	10,025
Financial liabilities at fair value [member]
Deposits
Personal	415,997	402,653
Business and government	738,440	757,668
Bank	46,571	43,954
Deposits	1,201,008	1,204,275
Other
Obligations related to securities sold short	35,247	35,511
Obligations related to assets sold under repurchase agreements and securities loaned	290,367	273,947
Derivatives	131,082	153,491
Other liabilities	91,450	89,869
Subordinated debentures	$ 11,391	$ 9,668

Fair value of financial instr_4

Fair value of financial instrument - Additional Information (Detail) - CAD ($) $ in Millions	3 Months Ended
	Jan. 31, 2023	Jan. 31, 2022
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	0
Transfers out of Level 2 to Level 3	0	0
Transfers out of Level 3 to Level 2		$ 0
U.S. federal, state, municipal and agencies debt - issued or guaranteed [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Transfers out of Level 1 to Level 2	$ 435

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	Jan. 31, 2023	Oct. 31, 2022	Jan. 31, 2022	Oct. 31, 2021
Financial assets
Interest-bearing deposits with banks	$ 93,495	$ 108,011
Trading
Trading securities	145,517	148,205
Investment
Assets purchased under reverse repurchase agreements and securities borrowed	328,379	317,845
Loans	823,794	819,965
Derivatives
Derivatives	130,120	154,439
Deposits
Personal	418,287	404,932
Business and government	738,923	759,870
Bank	46,632	44,012
Other
Obligations related to securities sold short	35,247	35,511
Obligations related to assets sold under repurchase agreements and securities loaned	290,367	273,947
Derivatives
Total derivatives	131,082	153,491
Netting adjustments [member]
Derivatives
Impact on Positive fair values (Derivative assets) of netting agreements that qualify for balance sheet offset	(1,458)	(2,185)
Financial assets	(1,458)	(2,185)
Derivatives
Impact on Negative fair values (Derivative liabilities) of netting agreements that qualify for balance sheet offset	(1,458)	(2,185)
Financial liabilities	(1,458)	(2,185)
Total gross fair value [member] | Level 1 [member]
Trading
Trading securities	67,186	64,195
Investment
Investment securities	1,104	1,702
Derivatives
Total gross derivatives, assets	2,220	3,939
Other assets	1,411	1,221
Financial assets	71,921	71,057
Other
Obligations related to securities sold short	13,127	16,383
Derivatives
Total gross derivatives, liabilities	2,529	3,847
Other liabilities	405	341
Financial liabilities	16,061	20,571
Total gross fair value [member] | Level 2 [member]
Financial assets
Interest-bearing deposits with banks	87,859	84,468
Trading
Trading securities	76,225	82,123
Investment
Investment securities	96,279	90,613
Assets purchased under reverse repurchase agreements and securities borrowed	279,899	264,665
Loans	11,532	9,673
Derivatives
Total gross derivatives, assets	129,022	152,302
Other assets	2,194	2,141
Financial assets	683,010	685,985
Deposits
Personal	23,011	22,016
Business and government	146,642	152,566
Bank	10,633	7,196
Other
Obligations related to securities sold short	22,120	19,128
Obligations related to assets sold under repurchase agreements and securities loaned	263,269	248,835
Derivatives
Total gross derivatives, liabilities	128,428	149,723
Other liabilities	(792)	(632)
Financial liabilities	593,311	598,832
Total gross fair value [member] | Level 3 [member]
Trading
Trading securities	2,106	1,887
Investment
Investment securities	597	576
Loans	2,597	1,692
Derivatives
Total gross derivatives, assets	336	383
Other assets	13	15
Financial assets	5,649	4,553
Deposits
Personal	250	241
Derivatives
Total gross derivatives, liabilities	1,583	2,106
Financial liabilities	1,833	2,347
Total gross fair value [member] | Canadian government debt - issued or guaranteed, Federal [member] | Level 1 [member]
Trading
Trading securities	15,027	15,024
Investment
Investment securities	1,068	1,226
Total gross fair value [member] | Canadian government debt - issued or guaranteed, Federal [member] | Level 2 [member]
Trading
Trading securities	2,953	3,779
Investment
Investment securities	3,516	2,555
Total gross fair value [member] | Canadian government debt - issued or guaranteed, Provincial and municipal [member] | Level 2 [member]
Trading
Trading securities	13,752	13,257
Investment
Investment securities	2,406	2,124
Total gross fair value [member] | U.S. federal state municipal and agencies debt issued or guaranteed [member] | Level 1 [member]
Trading
Trading securities	694	1,254
Investment
Investment securities		440
Total gross fair value [member] | U.S. federal state municipal and agencies debt issued or guaranteed [member] | Level 2 [member]
Trading
Trading securities	30,097	35,570
Investment
Investment securities	45,764	43,918
Total gross fair value [member] | U.S. federal state municipal and agencies debt issued or guaranteed [member] | Level 3 [member]
Trading
Trading securities		4
Total gross fair value [member] | Other OECD government debt - issued or guaranteed [member] | Level 1 [member]
Trading
Trading securities	1,629	1,325
Total gross fair value [member] | Other OECD government debt - issued or guaranteed [member] | Level 2 [member]
Trading
Trading securities	1,673	3,452
Investment
Investment securities	7,641	5,144
Total gross fair value [member] | Mortgage-backed securities [member] | Level 2 [member]
Trading
Trading securities	2	2
Investment
Investment securities	2,715	2,860
Total gross fair value [member] | Mortgage-backed securities [member] | Level 3 [member]
Investment
Investment securities	28	28
Total gross fair value [member] | Asset- backed securities, Non-CDO [member] | Level 2 [member]
Trading
Trading securities	1,222	1,308
Investment
Investment securities	473	524
Total gross fair value [member] | Asset- backed securities, Non-CDO [member] | Level 3 [member]
Trading
Trading securities		2
Total gross fair value [member] | Corporate debt and other debt [member] | Level 2 [member]
Trading
Trading securities	22,658	21,162
Investment
Investment securities	25,800	25,569
Total gross fair value [member] | Corporate debt and other debt [member] | Level 3 [member]
Trading
Trading securities		7
Investment
Investment securities	149	151
Total gross fair value [member] | Equity securities [member] | Level 1 [member]
Trading
Trading securities	49,836	46,592
Investment
Investment securities	36	36
Total gross fair value [member] | Equity securities [member] | Level 2 [member]
Trading
Trading securities	3,868	3,593
Investment
Investment securities	521	395
Total gross fair value [member] | Equity securities [member] | Level 3 [member]
Trading
Trading securities	2,106	1,874
Investment
Investment securities	420	397
Total gross fair value [member] | Asset-backed securities, CDO [member] | Level 2 [member]
Investment
Investment securities	7,443	7,524
Total gross fair value [member] | Interest rate contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, assets	35,145	39,804
Total gross fair value [member] | Interest rate contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, assets	246	263
Total gross fair value [member] | Foreign exchange contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, assets	82,123	99,424
Total gross fair value [member] | Foreign exchange contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, assets	9	13
Total gross fair value [member] | Credit derivatives [member] | Level 2 [member]
Derivatives
Total gross derivatives, assets	355	388
Total gross fair value [member] | Other contracts [member] | Level 1 [member]
Derivatives
Total gross derivatives, assets	2,220	3,939
Total gross fair value [member] | Other contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, assets	12,862	14,786
Total gross fair value [member] | Other contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, assets	75	62
Total gross fair value [member] | Valuation adjustments [member] | Level 2 [member]
Derivatives
Total gross derivatives, assets	(1,463)	(2,100)
Total gross fair value [member] | Valuation adjustments [member] | Level 3 [member]
Derivatives
Total gross derivatives, assets	6	45
Total gross fair value [member] | Interest rate contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, liabilities	33,532	39,592
Total gross fair value [member] | Interest rate contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, liabilities	900	1,122
Total gross fair value [member] | Foreign exchange contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, liabilities	77,755	94,310
Total gross fair value [member] | Foreign exchange contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, liabilities	72	145
Total gross fair value [member] | Credit derivatives [member] | Level 2 [member]
Derivatives
Total gross derivatives, liabilities	76	125
Total gross fair value [member] | Other contracts [member] | Level 1 [member]
Derivatives
Total gross derivatives, liabilities	2,529	3,847
Total gross fair value [member] | Other contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, liabilities	17,543	16,663
Total gross fair value [member] | Other contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, liabilities	622	847
Total gross fair value [member] | Valuation adjustments [member] | Level 2 [member]
Derivatives
Total gross derivatives, liabilities	(478)	(967)
Total gross fair value [member] | Valuation adjustments [member] | Level 3 [member]
Derivatives
Total gross derivatives, liabilities	(11)	(8)
Recurring [member]
Financial assets
Interest-bearing deposits with banks	87,859	84,468
Trading
Trading securities	145,517	148,205
Investment
Investment securities	97,980	92,891
Assets purchased under reverse repurchase agreements and securities borrowed	279,899	264,665
Loans	14,129	11,365
Derivatives
Total gross derivatives, assets	131,578	156,624
Impact on Positive fair values (Derivative assets) of netting agreements that qualify for balance sheet offset	(1,458)	(2,185)
Derivatives	130,120	154,439
Other assets	3,618	3,377
Financial assets	759,122	759,410
Deposits
Personal	23,261	22,257
Business and government	146,642	152,566
Bank	10,633	7,196
Other
Obligations related to securities sold short	35,247	35,511
Obligations related to assets sold under repurchase agreements and securities loaned	263,269	248,835
Derivatives
Total gross derivatives, liabilities	132,540	155,676
Impact on Negative fair values (Derivative liabilities) of netting agreements that qualify for balance sheet offset	(1,458)	(2,185)
Total derivatives	131,082	153,491
Other liabilities	(387)	(291)
Financial liabilities	609,747	619,565
Recurring [member] | Level 3 [member]
Derivatives
Financial liabilities	(250)	(241)	$ (129)	$ (158)
Recurring [member] | Canadian government debt - issued or guaranteed, Federal [member]
Trading
Trading securities	17,980	18,803
Investment
Investment securities	4,584	3,781
Recurring [member] | Canadian government debt - issued or guaranteed, Provincial and municipal [member]
Trading
Trading securities	13,752	13,257
Investment
Investment securities	2,406	2,124
Recurring [member] | U.S. federal state municipal and agencies debt issued or guaranteed [member]
Trading
Trading securities	30,791	36,828
Investment
Investment securities	45,764	44,358
Recurring [member] | Other OECD government debt - issued or guaranteed [member]
Trading
Trading securities	3,302	4,777
Investment
Investment securities	7,641	5,144
Recurring [member] | Mortgage-backed securities [member]
Trading
Trading securities	2	2
Investment
Investment securities	2,743	2,888
Recurring [member] | Asset- backed securities, Non-CDO [member]
Trading
Trading securities	1,222	1,310
Investment
Investment securities	473	524
Recurring [member] | Corporate debt and other debt [member]
Trading
Trading securities	22,658	21,169
Investment
Investment securities	25,949	25,720
Recurring [member] | Equity securities [member]
Trading
Trading securities	55,810	52,059
Investment
Investment securities	977	828
Recurring [member] | Asset-backed securities, CDO [member]
Investment
Investment securities	7,443	7,524
Recurring [member] | Interest rate contracts [member]
Derivatives
Total gross derivatives, assets	35,391	40,067
Recurring [member] | Foreign exchange contracts [member]
Derivatives
Total gross derivatives, assets	82,132	99,437
Recurring [member] | Credit derivatives [member]
Derivatives
Total gross derivatives, assets	355	388
Recurring [member] | Other contracts [member]
Derivatives
Total gross derivatives, assets	15,157	18,787
Recurring [member] | Valuation adjustments [member]
Derivatives
Total gross derivatives, assets	(1,457)	(2,055)
Recurring [member] | Interest rate contracts [member]
Derivatives
Total gross derivatives, liabilities	34,432	40,714
Recurring [member] | Foreign exchange contracts [member]
Derivatives
Total gross derivatives, liabilities	77,827	94,455
Recurring [member] | Credit derivatives [member]
Derivatives
Total gross derivatives, liabilities	76	125
Recurring [member] | Other contracts [member]
Derivatives
Total gross derivatives, liabilities	20,694	21,357
Recurring [member] | Valuation adjustments [member]
Derivatives
Total gross derivatives, liabilities	$ (489)	$ (975)

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	Jan. 31, 2023	Oct. 31, 2022
Disclosure of Detailed Information about Financial Instruments [line Items]
Trading securities	$ 145,517	$ 148,205
Investment securities	175,036	170,018
Residential mortgage-backed securities [member]
Disclosure of Detailed Information about Financial Instruments [line Items]
Trading securities	11,661	12,273
Investment securities	20,631	23,362
Commercial mortgage-backed securities [member]
Disclosure of Detailed Information about Financial Instruments [line Items]
Trading securities	0	0
Investment securities	$ 2,832	$ 2,755

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
	Jan. 31, 2023	Jan. 31, 2022
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	$ 759,410
Fair value assets, ending balance	759,122
Fair value liabilities, beginning balance	619,565
Fair value liabilities, ending balance	609,747
Level 3 [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	2,447	$ 2,204
Gains (losses) included in earnings	(111)	103
Gains (losses) included in OCI	21	58
Settlement (sales) and other	86	(371)
Purchases (issuances)	1,419	42
Transfers into Level 3	56	(50)
Transfers out of Level 3	148	(12)
Fair value assets, ending balance	4,066	1,974
Gains (losses) included in earnings for positions still held	(57)	133
Fair value liabilities, beginning balance	(241)	(158)
Gains (losses) included in earnings	(20)	(6)
Gains (losses) included in OCI	1	(1)
Purchases (issuances)	(35)	(27)
Settlement (sales) and other	2	5
Transfers into Level 3	(34)	(20)
Transfers out of Level 3	77	78
Fair value liabilities, ending balance	(250)	(129)
Gains (losses) included in earnings for positions still held	(14)	6
Level 3 [member] | Investment [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	576	506
Gains (losses) included in OCI	23	48
Purchases (issuances)		6
Settlement (sales) and other	(2)	(1)
Transfers out of Level 3		(35)
Fair value assets, ending balance	597	524
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	28	20
Fair value assets, ending balance	28	20
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	151	152
Gains (losses) included in OCI	(1)	3
Settlement (sales) and other	(1)
Fair value assets, ending balance	149	155
Level 3 [member] | Equities [member] | Investment [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	397	334
Gains (losses) included in OCI	24	45
Purchases (issuances)		6
Settlement (sales) and other	(1)	(1)
Transfers out of Level 3		(35)
Fair value assets, ending balance	420	349
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	(859)	(635)
Gains (losses) included in earnings	5	(11)
Gains (losses) included in OCI	5	1
Settlement (sales) and other	173	82
Purchases (issuances)	(20)	1
Transfers into Level 3	18
Transfers out of Level 3	24	7
Fair value assets, ending balance	(654)	(555)
Gains (losses) included in earnings for positions still held	8	(8)
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	(132)	47
Gains (losses) included in earnings	5	(30)
Gains (losses) included in OCI	8	1
Settlement (sales) and other	37	(4)
Purchases (issuances)	4
Transfers out of Level 3	15	(7)
Fair value assets, ending balance	(63)	7
Gains (losses) included in earnings for positions still held	8	(32)
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	(785)	(393)
Gains (losses) included in earnings	(55)	61
Gains (losses) included in OCI	17	(8)
Settlement (sales) and other	62	42
Purchases (issuances)	(8)	(103)
Transfers into Level 3	(31)	(76)
Transfers out of Level 3	253	29
Fair value assets, ending balance	(547)	(448)
Gains (losses) included in earnings for positions still held	(26)	70
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	53	20
Settlement (sales) and other	(36)
Transfers into Level 3		19
Fair value assets, ending balance	17	39
Level 3 [member] | Other assets [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	15
Settlement (sales) and other	(2)
Fair value assets, ending balance	13
Level 3 [member] | Loans [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	1,692	1,077
Gains (losses) included in earnings	(52)	10
Gains (losses) included in OCI	(7)	(8)
Purchases (issuances)	1,193	56
Settlement (sales) and other	(120)	(461)
Transfers into Level 3	28	7
Transfers out of Level 3	(137)	(2)
Fair value assets, ending balance	2,597	679
Gains (losses) included in earnings for positions still held	(15)	10
Level 3 [member] | Trading Securities [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	1,887	1,582
Gains (losses) included in earnings	(14)	73
Gains (losses) included in OCI	(25)	24
Purchases (issuances)	250	82
Settlement (sales) and other	(26)	(29)
Transfers into Level 3	41
Transfers out of Level 3	(7)	(4)
Fair value assets, ending balance	2,106	1,728
Gains (losses) included in earnings for positions still held	(32)	93
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	4	25
Gains (losses) included in OCI		1
Settlement (sales) and other	(4)	(4)
Fair value assets, ending balance		22
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
Settlement (sales) and other	(2)
Fair value assets, ending balance		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	7	25
Gains (losses) included in earnings		(1)
Settlement (sales) and other		(5)
Transfers out of Level 3	(7)	(4)
Fair value assets, ending balance		15
Gains (losses) included in earnings for positions still held		(1)
Level 3 [member] | Trading Securities [member] | Equities [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	1,874	1,530
Gains (losses) included in earnings	(14)	74
Gains (losses) included in OCI	(25)	23
Purchases (issuances)	250	82
Settlement (sales) and other	(20)	(20)
Transfers into Level 3	41
Fair value assets, ending balance	2,106	1,689
Gains (losses) included in earnings for positions still held	(32)	94
Level 3 [member] | Deposits - Personal [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value liabilities, beginning balance	(241)	(151)
Gains (losses) included in earnings	(20)	(6)
Gains (losses) included in OCI	1	(1)
Purchases (issuances)	(35)	(27)
Settlement (sales) and other	2	5
Transfers into Level 3	(34)	(20)
Transfers out of Level 3	77	78
Fair value liabilities, ending balance	(250)	(122)
Gains (losses) included in earnings for positions still held	$ (14)	6
Level 3 [member] | Other liabilities [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value liabilities, beginning balance		(7)
Fair value liabilities, ending balance		$ (7)

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
	Jan. 31, 2023	Jan. 31, 2022	Oct. 31, 2022
Disclosure of fair value measurement of assets and liabilities [line Items]
Derivative assets	$ 130,120		$ 154,439
Derivative liabilities	131,082		153,491
Recurring [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Derivative assets	130,120		154,439
Derivative liabilities	131,082		$ 153,491
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	18	$ 45
Net derivative balances, category [Member] | Level 3 [member] | Recurring [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Derivative assets	336	441
Derivative liabilities	$ 1,583	$ 1,398

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
	Jan. 31, 2023	Jan. 31, 2022
Disclosure of detailed information about financial instruments [line items]
Interest income	$ 19,337	$ 7,378
Interest expense	13,135	2,107
Net interest income	6,202	5,271
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	6,709	1,419
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	942	77
Interest and dividend income [member] | Financial assets measured at amortized cost [member]
Disclosure of detailed information about financial instruments [line items]
Interest income	11,686	5,882
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	6,240	861
Interest expense [member] | Financial liabilities measured at amortized cost [member]
Disclosure of detailed information about financial instruments [line items]
Interest expense	$ 6,895	$ 1,246

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
	Jan. 31, 2023	Jan. 31, 2022
Disclosure of detailed information about financial instruments [line items]
Insurance premiums, investment and fee income	$ 1,891	$ 1,399
Dividend income	792	750
Interest income [member]
Disclosure of detailed information about financial instruments [line items]
Insurance premiums, investment and fee income	133	196
Interest expense [member]
Disclosure of detailed information about financial instruments [line items]
Insurance premiums, investment and fee income	$ 4	$ 1

Securities - Summary of Unreali

Securities - Summary of Unrealized Gains and Losses on Securities at Fair Value through Other Comprehensive Income (Detail) - CAD ($) $ in Millions	Jan. 31, 2023	Oct. 31, 2022
Disclosure of financial assets [line items]
Cost/Amortized cost	$ 99,899	$ 95,630
Gross unrealized gains	648	696
Gross unrealized losses	(2,567)	(3,435)
Fair value	97,980	92,891
Canadian government debt - issued or guaranteed, Federal [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	4,840	4,081
Gross unrealized gains	2	1
Gross unrealized losses	(258)	(301)
Fair value	4,584	3,781
Canadian government debt - issued or guaranteed, Provincial and municipal [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	2,891	2,685
Gross unrealized gains	1	6
Gross unrealized losses	(486)	(567)
Fair value	2,406	2,124
U.S. federal, state, municipal and agencies debt - issued or guaranteed [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	46,990	46,034
Gross unrealized gains	286	343
Gross unrealized losses	(1,512)	(2,019)
Fair value	45,764	44,358
Other OECD government debt - issued or guaranteed [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	7,645	5,154
Gross unrealized gains	4	7
Gross unrealized losses	(8)	(17)
Fair value	7,641	5,144
Mortgage-backed securities [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	2,816	2,985
Gross unrealized gains	2	1
Gross unrealized losses	(75)	(98)
Fair value	2,743	2,888
Asset-backed securities, CDO [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	7,538	7,741
Gross unrealized gains	3	3
Gross unrealized losses	(98)	(220)
Fair value	7,443	7,524
Asset-backed securities, Non CDO [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	485	547
Gross unrealized gains	1	0
Gross unrealized losses	(13)	(23)
Fair value	473	524
Corporate debt and other debt [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	26,020	25,852
Gross unrealized gains	41	51
Gross unrealized losses	(112)	(183)
Fair value	25,949	25,720
Equities [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	674	551
Gross unrealized gains	308	284
Gross unrealized losses	(5)	(7)
Fair value	$ 977	$ 828

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	Jan. 31, 2023	Oct. 31, 2022
Disclosure of financial assets [line items]
Amortized cost	$ 99,899	$ 95,630
Allowance for credit losses on debt securities at FVOCI	(19)	(19)
Held-to-collect securities category [member]
Disclosure of financial assets [line items]
Amortized cost	$ 77,056	$ 77,127

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
	Jan. 31, 2023	Jan. 31, 2022
Disclosure of financial assets [line items]
Balance at beginning of period	$ (19)	$ (9)
Provision for credit losses
Purchases	2
Changes in risk, parameters and exposures	(3)	(2)
Exchange rate and other	1
Balance at end of period	(19)	(11)
Performing Stage one [member]
Disclosure of financial assets [line items]
Balance at beginning of period	3	2
Provision for credit losses
Purchases	2
Changes in risk, parameters and exposures	(1)
Balance at end of period	4	2
Performing Stage two [member]
Disclosure of financial assets [line items]
Balance at beginning of period	1	1
Provision for credit losses
Balance at end of period	1	1
Impaired Stage three [member]
Disclosure of financial assets [line items]
Balance at beginning of period	(23)	(12)
Provision for credit losses
Changes in risk, parameters and exposures	(2)	(2)
Exchange rate and other	1
Balance at end of period	$ (24)	$ (14)

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
	Jan. 31, 2023	Jan. 31, 2022
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 22	$ 23
Provision for credit losses
Purchases	4	6
Sales and maturities		(1)
Changes in risk, parameters and exposures	(3)	(2)
Balance at end of period	23	26
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	8	5
Provision for credit losses
Purchases	4	6
Sales and maturities		(1)
Changes in risk, parameters and exposures	(2)	(1)
Balance at end of period	10	9
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	14	18
Provision for credit losses
Changes in risk, parameters and exposures	(1)	(1)
Balance at end of period	$ 13	$ 17

Securities - Summary of Credit

Securities - Summary of Credit Risk Exposure by Internal Risk Rating (Detail) - CAD ($) $ in Millions	Jan. 31, 2023	Oct. 31, 2022
Disclosure of credit risk exposure [line items]
Amortized cost	$ 99,899	$ 95,630
Securities measured at fair value through other comprehensive income [member]
Disclosure of credit risk exposure [line items]
Investment grade	96,248	91,233
Non-investment grade	606	680
Impaired	149	150
Carrying amount of securities measured at FVOCI subject to impairment	97,003	92,063
Items not subject to impairment	977	828
Carrying amount of securities measured at FVOCI	97,980	92,891
Securities measured at amortized cost [member]
Disclosure of credit risk exposure [line items]
Investment grade	75,962	76,035
Non-investment grade	1,117	1,114
Amount before allowance for credit losses	77,079	77,149
Allowance for credit losses	23	22
Amortized cost	77,056	77,127
Performing Stage one [member] | Securities measured at fair value through other comprehensive income [member]
Disclosure of credit risk exposure [line items]
Investment grade	96,195	91,177
Non-investment grade	606	680
Carrying amount of securities measured at FVOCI subject to impairment	96,801	91,857
Performing Stage one [member] | Securities measured at amortized cost [member]
Disclosure of credit risk exposure [line items]
Investment grade	75,962	76,035
Non-investment grade	908	898
Amount before allowance for credit losses	76,870	76,933
Allowance for credit losses	10	8
Amortized cost	76,860	76,925
Performing Stage two [member] | Securities measured at fair value through other comprehensive income [member]
Disclosure of credit risk exposure [line items]
Investment grade	53	56
Carrying amount of securities measured at FVOCI subject to impairment	53	56
Performing Stage two [member] | Securities measured at amortized cost [member]
Disclosure of credit risk exposure [line items]
Non-investment grade	209	216
Amount before allowance for credit losses	209	216
Allowance for credit losses	13	14
Amortized cost	196	202
Impaired Stage three [member] | Securities measured at fair value through other comprehensive income [member]
Disclosure of credit risk exposure [line items]
Impaired	149	150
Carrying amount of securities measured at FVOCI subject to impairment	$ 149	$ 150

Securities - Summary of Credi_2

Securities - Summary of Credit Risk Exposure by Internal Risk Rating (Parenthetical) (Detail) - CAD ($) $ in Millions	Jan. 31, 2023	Oct. 31, 2022
Purchased Credit Impaired [member]
Disclosure of credit risk exposure [line items]
Securities at Fair Value Through Other Comprehensive Income	$ 149	$ 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
	Jan. 31, 2023	Jan. 31, 2022
Customers' liability under acceptances [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 45	$ 75
Provision for credit losses	(4)	8
Balance at end of period	41	83
Allowance for credit losses [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	4,181	4,419
Provision for credit losses	530	100
Net write-offs	(216)	(142)
Exchange rate changes/other	(46)	12
Balance at end of period	4,449	4,389
Allowance for credit losses [member] | Allowance for Loan Losses [Member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	3,753	4,089
Balance at end of period	3,999	4,047
Allowance for credit losses [member] | Other Liabilities And Provisions [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	378	241
Balance at end of period	403	251
Allowance for credit losses [member] | Customers' liability under acceptances [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	45	75
Balance at end of period	41	83
Allowance for credit losses [member] | Other components of equity [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	5	14
Balance at end of period	6	8
Retail [member] | Residential mortgages [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	432	416
Provision for credit losses	51	(6)
Net write-offs	(5)	(5)
Exchange rate changes/other	(9)	4
Balance at end of period	469	409
Retail [member] | Personal [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	1,043	1,079
Provision for credit losses	169	18
Net write-offs	(83)	(56)
Exchange rate changes/other		(3)
Balance at end of period	1,129	1,038
Retail [member] | Credit cards [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	893	875
Provision for credit losses	136	65
Net write-offs	(102)	(71)
Exchange rate changes/other	(1)	1
Balance at end of period	926	870
Retail [member] | Small business [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	194	177
Provision for credit losses	17	3
Net write-offs	(9)	(4)
Exchange rate changes/other	2	2
Balance at end of period	204	178
Wholesale [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	1,574	1,797
Provision for credit losses	161	12
Net write-offs	(17)	(6)
Exchange rate changes/other	(38)	8
Balance at end of period	$ 1,680	$ 1,811

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
	Jan. 31, 2023	Jan. 31, 2022
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 432	$ 416
Provision for credit losses
Originations	30	30
Maturities	(6)	(10)
Changes in risk, parameters and exposures	27	(26)
Write-offs	(8)	(10)
Recoveries	3	5
Exchange rate and other	(9)	4
Balance at end of period	469	409
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	235	186
Provision for credit losses
Transfers to Stage 1	13	24
Transfers to Stage 2	(6)	(2)
Transfers to Stage 3		(1)
Originations	30	30
Maturities	(4)	(7)
Changes in risk, parameters and exposures	(13)	(44)
Exchange rate and other	(1)	1
Balance at end of period	254	187
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	65	92
Provision for credit losses
Transfers to Stage 1	(13)	(19)
Transfers to Stage 2	10	2
Transfers to Stage 3	(3)	(7)
Maturities	(2)	(3)
Changes in risk, parameters and exposures	25	19
Exchange rate and other		1
Balance at end of period	82	85
Impaired Stage three [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	132	138
Provision for credit losses
Transfers to Stage 1		(5)
Transfers to Stage 2	(4)
Transfers to Stage 3	3	8
Changes in risk, parameters and exposures	15	(1)
Write-offs	(8)	(10)
Recoveries	3	5
Exchange rate and other	(8)	2
Balance at end of period	$ 133	$ 137

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
	Jan. 31, 2023	Jan. 31, 2022
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 1,043	$ 1,079
Provision for credit losses
Originations	23	26
Maturities	(37)	(46)
Changes in risk, parameters and exposures	183	38
Write-offs	(112)	(86)
Recoveries	29	30
Exchange rate and other	0	(3)
Balance at end of period	1,129	1,038
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	285	422
Provision for credit losses
Transfers to Stage 1	150	170
Transfers to Stage 2	(23)	(22)
Transfers to Stage 3		(1)
Originations	23	26
Maturities	(12)	(21)
Changes in risk, parameters and exposures	(138)	(171)
Exchange rate and other	1	1
Balance at end of period	286	404
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	661	569
Provision for credit losses
Transfers to Stage 1	(150)	(169)
Transfers to Stage 2	23	22
Transfers to Stage 3	(13)	(12)
Maturities	(25)	(25)
Changes in risk, parameters and exposures	231	162
Exchange rate and other	(2)
Balance at end of period	725	547
Impaired Stage three [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	97	88
Provision for credit losses
Transfers to Stage 1		(1)
Transfers to Stage 3	13	13
Changes in risk, parameters and exposures	90	47
Write-offs	(112)	(86)
Recoveries	29	30
Exchange rate and other	1	(4)
Balance at end of period	$ 118	$ 87

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
	Jan. 31, 2023	Jan. 31, 2022
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 893	$ 875
Provision for credit losses
Originations	4	4
Maturities	(8)	(8)
Changes in risk, parameters and exposures	140	69
Write-offs	(142)	(112)
Recoveries	40	41
Exchange rate and other	(1)	1
Balance at end of period	926	870
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	177	233
Provision for credit losses
Transfers to Stage 1	164	146
Transfers to Stage 2	(20)	(23)
Transfers to Stage 3		(1)
Originations	4	4
Maturities	(1)	(1)
Changes in risk, parameters and exposures	(139)	(132)
Exchange rate and other	(1)
Balance at end of period	184	226
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	716	642
Provision for credit losses
Transfers to Stage 1	(164)	(146)
Transfers to Stage 2	20	23
Transfers to Stage 3	(94)	(70)
Maturities	(7)	(7)
Changes in risk, parameters and exposures	271	201
Exchange rate and other		1
Balance at end of period	742	644
Impaired Stage three [member]
Provision for credit losses
Transfers to Stage 3	94	71
Changes in risk, parameters and exposures	8
Write-offs	(142)	(112)
Recoveries	$ 40	$ 41

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
	Jan. 31, 2023	Jan. 31, 2022
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 194	$ 177
Provision for credit losses
Originations	8	9
Maturities	(10)	(12)
Changes in risk, parameters and exposures	19	6
Write-offs	(11)	(6)
Recoveries	2	2
Exchange rate and other	2	2
Balance at end of period	204	178
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	73	88
Provision for credit losses
Transfers to Stage 1	10	5
Transfers to Stage 2	(3)	(2)
Originations	8	9
Maturities	(4)	(5)
Changes in risk, parameters and exposures	(12)	(10)
Exchange rate and other	1	2
Balance at end of period	73	87
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	73	55
Provision for credit losses
Transfers to Stage 1	(10)	(5)
Transfers to Stage 2	3	2
Transfers to Stage 3	(2)	(1)
Maturities	(6)	(7)
Changes in risk, parameters and exposures	13	11
Exchange rate and other	2	1
Balance at end of period	73	56
Impaired Stage three [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	48	34
Provision for credit losses
Transfers to Stage 3	2	1
Changes in risk, parameters and exposures	18	5
Write-offs	(11)	(6)
Recoveries	2	2
Exchange rate and other	(1)	(1)
Balance at end of period	$ 58	$ 35

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
	Jan. 31, 2023	Jan. 31, 2022
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 1,574	$ 1,797
Provision for credit losses
Originations	153	156
Maturities	(189)	(213)
Changes in risk, parameters and exposures	197	69
Write-offs	(26)	(23)
Recoveries	9	17
Exchange rate and other	(38)	8
Balance at end of period	1,680	1,811
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	597	566
Provision for credit losses
Transfers to Stage 1	51	108
Transfers to Stage 2	(20)	(18)
Transfers to Stage 3	(3)	(1)
Originations	153	156
Maturities	(118)	(106)
Changes in risk, parameters and exposures	(55)	(129)
Exchange rate and other	(5)	4
Balance at end of period	600	580
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	585	794
Provision for credit losses
Transfers to Stage 1	(51)	(107)
Transfers to Stage 2	21	18
Transfers to Stage 3	(14)	(4)
Maturities	(71)	(107)
Changes in risk, parameters and exposures	150	160
Exchange rate and other	(8)	11
Balance at end of period	612	765
Impaired Stage three [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	392	437
Provision for credit losses
Transfers to Stage 1		(1)
Transfers to Stage 2	(1)
Transfers to Stage 3	17	5
Changes in risk, parameters and exposures	102	38
Write-offs	(26)	(23)
Recoveries	9	17
Exchange rate and other	(25)	(7)
Balance at end of period	$ 468	$ 466

Loans and Allowance for Credi_9

Loans and Allowance for Credit Losses, Key Inputs and Assumptions - Additional Information (Detail) - $ / Perbarrel	3 Months Ended			12 Months Ended		48 Months Ended
	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2028	Dec. 31, 2027
Oil price (West Texas Intermediate) average price [member] | Downside Scenario [member] | Next Twelve Months [Member]
Statement [Line Items]
Average value macroeconomic drivers oil price per barrel				27
Oil price (West Texas Intermediate) average price [member] | Downside Scenario [member] | Next Two To Five Years [Member]
Statement [Line Items]
Average value macroeconomic drivers oil price per barrel						41
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						71	72
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				84	88
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				96
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						73
Canadian unemployment rate [member] | Quarterly Average [Member]
Statement [Line Items]
Average value macroeconomic drivers percentage		6.80%	5.30%
US unemployment rate [member] | Quarterly Average [Member]
Statement [Line Items]
Average value macroeconomic drivers percentage	5.20%		3.80%
Canada GDP growth rate [member] | Below Q4 2022 level [Member]
Statement [Line Items]
Average value macroeconomic drivers percentage		0.20%
U.S. GDP growth rate [member] | Below Q4 2022 level [Member]
Statement [Line Items]
Average value macroeconomic drivers percentage		0.60%
Canadian housing price index [member] | Base Scenario [member] | Next Two To Five Years [Member]
Statement [Line Items]
Average value macroeconomic drivers percentage						5.10%	5.20%
Canadian housing price index [member] | Base Scenario [member] | Next Twelve Months [Member]
Statement [Line Items]
Average value macroeconomic drivers percentage				2.60%	(1.00%)
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%
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%

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	Jan. 31, 2023	Oct. 31, 2022
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 420,715	$ 418,348
Items not subject to impairment	467	448
Gross carrying amount of financial assets	421,182	418,796
Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	344,843	343,289
Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	17,546	16,967
High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	4,970	4,313
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	52,762	53,219
Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	594	560
Stage one loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	409,879	408,854
Stage one loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	341,075	340,716
Stage one loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	16,113	15,035
Stage one loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,250	1,188
Stage one loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	51,441	51,915
Stage two loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	10,242	8,934
Stage two loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	3,768	2,573
Stage two loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,433	1,932
Stage two loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	3,720	3,125
Stage two loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,321	1,304
Stage three loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	594	560
Stage three loan [member] | Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 594	$ 560

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	Jan. 31, 2023	Oct. 31, 2022
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 95,539	$ 97,709
Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	75,418	75,914
Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	8,212	9,262
High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	2,216	2,496
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	9,466	9,837
Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	227	200
Stage one loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	87,297	89,390
Stage one loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	72,387	73,339
Stage one loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	5,184	5,482
Stage one loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	358	836
Stage one loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	9,368	9,733
Stage two loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	8,015	8,119
Stage two loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	3,031	2,575
Stage two loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	3,028	3,780
Stage two loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,858	1,660
Stage two loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	98	104
Stage three loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	227	200
Stage three loan [member] | Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 227	$ 200

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	Jan. 31, 2023	Oct. 31, 2022
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 20,358	$ 20,577
Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	15,159	15,171
Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	3,030	3,329
High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,352	1,294
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	817	783
Stage one loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	17,390	17,296
Stage one loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	15,063	15,088
Stage one loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,506	1,418
Stage one loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	37	39
Stage one loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	784	751
Stage two loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	2,968	3,281
Stage two loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	96	83
Stage two loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,524	1,911
Stage two loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,315	1,255
Stage two loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 33	$ 32

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	Jan. 31, 2023	Oct. 31, 2022
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 12,814	$ 12,669
Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	9,447	9,409
Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	2,615	2,642
High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	577	477
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	6	3
Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	169	138
Stage one loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	10,253	10,188
Stage one loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	8,496	8,571
Stage one loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,640	1,512
Stage one loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	111	102
Stage one loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	6	3
Stage two loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	2,392	2,343
Stage two loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	951	838
Stage two loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	975	1,130
Stage two loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	466	375
Stage three loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	169	138
Stage three loan [member] | Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 169	$ 138

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	Jan. 31, 2023	Oct. 31, 2022
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 271,108	$ 264,957
Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	254,287	248,661
Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	9,539	9,267
High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,284	1,243
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	5,998	5,786
Stage one exposure [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	268,916	263,185
Stage one exposure [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	252,902	247,620
Stage one exposure [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	9,272	9,021
Stage one exposure [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	870	876
Stage one exposure [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	5,872	5,668
Stage two exposure [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	2,192	1,772
Stage two exposure [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,385	1,041
Stage two exposure [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	267	246
Stage two exposure [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	414	367
Stage two exposure [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 126	$ 118

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	Jan. 31, 2023	Oct. 31, 2022
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 265,026	$ 263,831
Items not subject to impairment	12,874	10,136
Gross carrying amount of financial assets	277,900	273,967
Investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	90,673	88,715
Non investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	162,056	161,666
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	10,688	12,149
Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,609	1,301
Stage one loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	247,166	246,210
Stage one loan [member] | Investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	90,382	88,513
Stage one loan [member] | Non investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	146,386	145,908
Stage one loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	10,398	11,789
Stage two loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	16,251	16,320
Stage two loan [member] | Investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	291	202
Stage two loan [member] | Non investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	15,670	15,758
Stage two loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	290	360
Stage three loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,609	1,301
Stage three loan [member] | Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 1,609	$ 1,301

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	Jan. 31, 2023	Oct. 31, 2022
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 436,420	$ 425,235
Investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	297,911	284,660
Non investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	134,941	136,882
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	3,568	3,693
Stage one exposure [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	425,095	414,398
Stage one exposure [member] | Investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	297,620	284,481
Stage one exposure [member] | Non investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	123,907	126,225
Stage one exposure [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	3,568	3,692
Stage two exposure [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	11,325	10,837
Stage two exposure [member] | Investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	291	179
Stage two exposure [member] | Non investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 11,034	10,657
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	Jan. 31, 2023	Oct. 31, 2022
Disclosure of loans that are either past due or impaired [line items]
Loans past due but not impaired	$ 2,671	$ 2,777
Retail [member]
Disclosure of loans that are either past due or impaired [line items]
Loans past due but not impaired	1,565	1,496
Wholesale [member]
Disclosure of loans that are either past due or impaired [line items]
Loans past due but not impaired	1,106	1,281
30 to 89 days [member]
Disclosure of loans that are either past due or impaired [line items]
Loans past due but not impaired	2,472	2,607
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	1,392	1,328
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	1,080	1,279
90 Days and Greater [member]
Disclosure of loans that are either past due or impaired [line items]
Loans past due but not impaired	199	170
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	173	168
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	$ 26	$ 2

Significant disposition - Addit

Significant disposition - Additional Information (Detail) - CAD ($) $ in Millions	Jan. 31, 2023	Dec. 23, 2022	Oct. 31, 2022
Statement [Line Items]
Assets	$ 1,933,019		$ 1,917,219
Liabilities	$ 1,825,220		$ 1,809,044
Disposal groups classified as held for sale [member]
Statement [Line Items]
Assets		$ 27,000
Liabilities		$ 26,000

Deposits - Summary of Deposit L

Deposits - Summary of Deposit Liabilities (Detail) - CAD ($) $ in Millions	Jan. 31, 2023	Oct. 31, 2022
Disclosure of deposits [line items]
Demand	$ 510,719	$ 562,107
Notice	76,643	83,088
Term	616,480	563,619
Total deposits	1,203,842	1,208,814
Deposits - Personal [member]
Disclosure of deposits [line items]
Demand	195,109	203,645
Notice	60,439	64,743
Term	162,739	136,544
Total deposits	418,287	404,932
Deposits - Business and government [member]
Disclosure of deposits [line items]
Demand	307,912	348,004
Notice	15,058	17,855
Term	415,953	394,011
Total deposits	738,923	759,870
Deposits - Bank [member]
Disclosure of deposits [line items]
Demand	7,698	10,458
Notice	1,146	490
Term	37,788	33,064
Total deposits	46,632	44,012
Deposits - Personal, Business and government, and Bank [member]
Disclosure of deposits [line items]
Demand	510,719	562,107
Notice	76,643	83,088
Term	616,480	563,619
Total deposits	1,203,842	1,208,814
Canada [member] | Non-interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	140,886	149,737
Notice	7,226	7,797
Term	174	466
Total deposits	148,286	158,000
Canada [member] | Interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	295,237	305,779
Notice	16,645	17,982
Term	444,655	409,586
Total deposits	756,537	733,347
United States [member] | Non-interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	44,851	52,702
Total deposits	44,851	52,702
United States [member] | Interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	10,219	11,410
Notice	52,592	57,055
Term	90,539	85,111
Total deposits	153,350	153,576
Europe [member] | Non-interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	21	620
Total deposits	21	620
Europe [member] | Interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	6,457	28,276
Notice	180	254
Term	63,137	52,144
Total deposits	69,774	80,674
Other International [member] | Non-interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	7,433	7,840
Total deposits	7,433	7,840
Other International [member] | Interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	5,615	5,743
Term	17,975	16,312
Total deposits	$ 23,590	$ 22,055

Deposits - Summary of Deposit_2

Deposits - Summary of Deposit Liabilities (Parenthetical) (Detail) - CAD ($) $ in Millions	Jan. 31, 2023	Oct. 31, 2022
Disclosure of deposits [line items]
Total deposits	$ 1,203,842	$ 1,208,814
U.S. dollars [member]
Disclosure of deposits [line items]
Total deposits	451,000	465,000
British pounds [member]
Disclosure of deposits [line items]
Total deposits	38,000	35,000
Euro [member]
Disclosure of deposits [line items]
Total deposits	50,000	50,000
Other currencies [member]
Disclosure of deposits [line items]
Total deposits	$ 31,000	$ 30,000

Deposits - Summary of Contractu

Deposits - Summary of Contractual Maturities of Term Deposit Liabilities (Detail) - CAD ($) $ in Millions	Jan. 31, 2023	Oct. 31, 2022
Disclosure of deposits [line items]
Term deposit liabilities	$ 616,480	$ 563,619
Aggregate amount of term deposits in denominations of one hundred thousand dollars or more	570,000	521,000
Less than 3 months [member]
Disclosure of deposits [line items]
Term deposit liabilities	169,164	159,602
3 to 6 months [member]
Disclosure of deposits [line items]
Term deposit liabilities	79,638	61,996
6 to 12 months [member]
Disclosure of deposits [line items]
Term deposit liabilities	155,578	156,531
1 to 2 years [member]
Disclosure of deposits [line items]
Term deposit liabilities	57,494	49,225
2 to 3 years [member]
Disclosure of deposits [line items]
Term deposit liabilities	45,745	42,809
3 to 4 years [member]
Disclosure of deposits [line items]
Term deposit liabilities	34,562	27,609
4 to 5 years [member]
Disclosure of deposits [line items]
Term deposit liabilities	36,996	33,835
Over 5 years [member]
Disclosure of deposits [line items]
Term deposit liabilities	$ 37,303	$ 32,012

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
	Jan. 31, 2023	Jan. 31, 2022
Disclosure of pension and other post employment plan [Line Items]
Total pension and other post-employment benefit expense	$ 4,876	$ 4,285
Defined benefit pension plans [member] | Pension Expense [Member]
Disclosure of pension and other post employment plan [Line Items]
Current service costs	48	77
Net interest expense (income)	(40)	(21)
Administrative expense	3	3
Defined benefit pension expense	11	59
Defined contribution pension plans [Member] | Pension Expense [Member]
Disclosure of pension and other post employment plan [Line Items]
Defined contribution pension expense	85	74
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	96	133
Other post employment benefit [member] | Other post employment benefit expense [Member]
Disclosure of pension and other post employment plan [Line Items]
Current service costs	8	10
Past service costs		2
Net interest expense (income)	19	16
Remeasurements of other long-term benefits	2	1
Defined benefit pension expense	29	29
Defined contribution pension expense	0
Total pension and other post-employment benefit expense	$ 29	$ 29

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
	Jan. 31, 2023	Jan. 31, 2022
Defined benefit pension plans [member]
Actuarial (gains) losses:
Changes in financial assumptions	$ 772	$ (661)
Return on plan assets (excluding interest based on discount rate)	(594)	318
Total remeasurements of employee benefit plans	178	(343)
Other post employment benefit [member]
Actuarial (gains) losses:
Changes in financial assumptions	75	(40)
Total remeasurements of employee benefit plans	$ 75	$ (40)

Income taxes - Additional Infor

Income taxes - Additional Information (Detail) - CAD ($) $ in Millions		3 Months Ended	12 Months Ended
	Apr. 07, 2022	Jan. 31, 2023	Oct. 31, 2023
Additional details on Income taxes [line items]
Taxable Income	$ 100
CRD Effect On Income Taxes		$ 1,200
CRD effect on net income		1,000
CRD effect on other comprehensive income		$ 200
Permanent increase in corporate income tax rate on taxable income above 100 million	1.50%
Changes in tax rates or tax laws enacted or announced [member]
Additional details on Income taxes [line items]
Stautory Tax Rate	26.20%		27.70%
2022 taxation 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

Significant capital and fundi_3

Significant capital and funding transactions - Summary of Common Shares Issued (Detail) - CAD ($) shares in Thousands, $ in Millions	3 Months Ended
	Jan. 31, 2023	Jan. 31, 2022
Disclosure of classes of share capital [line items]
Issued in connection with share-based compensation plans	$ 5	$ 2
Purchased for cancellation		$ (1,214)
Common shares [member]
Disclosure of classes of share capital [line items]
Issued in connection with share-based compensation plans, shares	269	407
Purchased for cancellation, shares		(8,871)
Increase (decrease) in number of ordinary shares issued, shares	269	(8,464)
Issued in connection with share-based compensation plans	$ 24	$ 34
Purchased for cancellation		(111)
Increase (decrease) in equity	$ 24	$ (77)

Significant capital and fundi_4

Significant capital and funding transactions - Summary of Common Shares Issued (Parenthetical) (Detail) - CAD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Jan. 31, 2023	Jan. 31, 2022	Feb. 24, 2023
Disclosure of classes of share capital [line items]
Ordinary shares purchased for cancellation		$ 1,214
Common shares [member]
Disclosure of classes of share capital [line items]
Fair value of shares purchased for cancellation	$ 0	$ 1,214
Average cost of shares purchased for cancellation		$ 136.84
Ordinary shares purchased for cancellation		$ 111
Average book value of shares purchased for cancellation		$ 12.45
DRIP [member] | Dividend transaction [member]
Disclosure of classes of share capital [line items]
Discount rate			2%

Significant capital and fundi_5

Significant capital and funding transactions - Additional Information (Detail) - Subordinated debenture [member] $ in Millions	Jan. 31, 2023 CAD ($)
Disclosure Of Significant Capital And Funding Transactions [Line Items]
Subordinated debentures issuance date	Jan. 31, 2023
Proceeds from issuance of subordinated debentures	$ 1,500
Interest rate	5.01%
Earliest par value redemption date	Feb. 01, 2028
Maturity	February 1, 2033
Borrowings, interest rate basis	Daily Compounded Canadian Overnight Repo Rate Average plus 2.12%
Borrowings, adjustment to interest rate basis	2.12%

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
	Jan. 31, 2023	Jan. 31, 2022
Basic earnings per share
Net income	$ 3,214	$ 4,095
Dividends on preferred shares and distributions on other equity instruments	(51)	(55)
Net income attributable to non-controlling interests	(2)	(2)
Net income available to common shareholders	$ 3,168	$ 4,039
Weighted average number of common shares (in thousands)	1,382,754	1,421,807
Basic earnings per share (in dollars)	$ 2.29	$ 2.84
Diluted earnings per share
Net income available to common shareholders	$ 3,168	$ 4,039
Weighted average number of common shares (in thousands)	1,382,754	1,421,807
Stock options	1,756	2,195
Issuable under other share-based compensation plans	26	600
Average number of diluted common shares (in thousands)	1,384,536	1,424,602
Diluted earnings per share (in dollars)	$ 2.29	$ 2.84
Equity attributable to shareholders [member]
Basic earnings per share
Net income	$ 3,212	$ 4,093
Dividends on preferred shares and distributions on other equity instruments	$ (44)	$ (54)

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
	Jan. 31, 2023	Jan. 31, 2022
Earnings per share [line items]
Outstanding options excluded from calculation of diluted earnings per share	591,472	0
Average exercise price	$ 131.64

Results by Business Segment - D

Results by Business Segment - Detailed Report of Segments (Detail) - CAD ($) $ in Millions	3 Months Ended
	Jan. 31, 2023	Jan. 31, 2022	Oct. 31, 2022
Disclosure of operating segments [line items]
Net interest income	$ 6,202	$ 5,271
Non-interest income	8,892	7,795
Total revenue	15,094	13,066
Provision for credit losses	532	105
Insurance policyholder benefits, claims and acquisition expense	1,545	997
Non-interest expense	7,675	6,580
Net income (loss) before income taxes	5,342	5,384
Income taxes (recoveries)	2,128	1,289
Net income	3,214	4,095
Non-interest expense includes:
Depreciation and amortization	683	650
Total assets	1,933,019		$ 1,917,219
Total liabilities	1,825,220		1,809,044
Operating segments [member] | Personal & Commercial Banking [member]
Disclosure of operating segments [line items]
Net interest income	4,007	3,229
Non-interest income	1,534	1,574
Total revenue	5,541	4,803
Provision for credit losses	401	129
Non-interest expense	2,229	2,022
Net income (loss) before income taxes	2,911	2,652
Income taxes (recoveries)	785	678
Net income	2,126	1,974
Non-interest expense includes:
Depreciation and amortization	241	233
Total assets	605,870		602,824
Total liabilities	605,798		602,741
Operating segments [member] | Wealth Management [member]
Disclosure of operating segments [line items]
Net interest income	1,225	853
Non-interest income	3,360	3,165
Total revenue	4,585	4,018
Provision for credit losses	66	(12)
Non-interest expense	3,434	2,944
Net income (loss) before income taxes	1,085	1,086
Income taxes (recoveries)	237	265
Net income	848	821
Non-interest expense includes:
Depreciation and amortization	301	274
Total assets	209,759		206,466
Total liabilities	206,943		206,415
Operating segments [member] | Insurance [member]
Disclosure of operating segments [line items]
Non-interest income	1,891	1,399
Total revenue	1,891	1,399
Insurance policyholder benefits, claims and acquisition expense	1,545	997
Non-interest expense	156	147
Net income (loss) before income taxes	190	255
Income taxes (recoveries)	42	58
Net income	148	197
Non-interest expense includes:
Depreciation and amortization	14	15
Total assets	23,421		21,918
Total liabilities	23,994		22,588
Operating segments [member] | Capital Markets [member]
Disclosure of operating segments [line items]
Net interest income	768	1,296
Non-interest income	2,353	1,696
Total revenue	3,121	2,992
Provision for credit losses	65	(12)
Non-interest expense	1,701	1,529
Net income (loss) before income taxes	1,355	1,475
Income taxes (recoveries)	132	353
Net income	1,223	1,122
Non-interest expense includes:
Depreciation and amortization	127	126
Total assets	1,035,486		1,025,892
Total liabilities	1,038,579		1,025,603
Unallocated amounts [member]
Disclosure of operating segments [line items]
Net interest income	202	(107)
Non-interest income	(246)	(39)
Total revenue	(44)	(146)
Non-interest expense	155	(62)
Net income (loss) before income taxes	(199)	(84)
Income taxes (recoveries)	932	(65)
Net income	(1,131)	(19)
Non-interest expense includes:
Depreciation and amortization	0	$ 2
Total assets	58,483		60,119
Total liabilities	$ (50,094)		$ (48,303)

Capital management - Summary of

Capital management - Summary of Regulatory Capital and Capital Ratios (Detail) - CAD ($) $ in Millions	Jan. 31, 2023	Oct. 31, 2022
Capital
CET1 capital	$ 78,055	$ 76,945
Tier 1 capital	85,357	84,242
Total capital	96,438	93,850
Risk-weighted assets (RWA) used in calculation of capital ratios
Credit risk	502,807	496,898
Market risk	32,635	35,342
Operational risk	78,808	77,639
Total RWA	$ 614,250	$ 609,879
Capital ratios and Leverage ratio
CET1 ratio	12.70%	12.60%
Tier 1 capital ratio	13.90%	13.80%
Total capital ratio	15.70%	15.40%
Leverage ratio	4.40%	4.40%
Leverage ratio exposure (billions)	$ 1,921,000	$ 1,898,000
TLAC available and ratios
TLAC available	$ 173,179	$ 160,961
TLAC ratio	28.20%	26.40%
TLAC leverage ratio	9%	8.50%