Royal Bank of Canada (RY) 6-K 30 May 24 2024 Q2 Current report (foreign) Financial data

Cover Page

Cover Page	6 Months Ended
	Apr. 30, 2024
Cover [Abstract]
Document Type	6-K
Amendment Flag	false
Document Period End Date	Apr. 30, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Entity Registrant Name	Royal Bank of Canada
Entity Central Index Key	0001000275
Current Fiscal Year End Date	--10-31

Interim Condensed Consolidated

Interim Condensed Consolidated Balance Sheets (unaudited) - CAD ($) $ in Millions		Apr. 30, 2024	Oct. 31, 2023
Assets
Cash and due from banks	[1]	$ 61,373	$ 61,989
Interest-bearing deposits with banks		38,459	71,086
Securities
Trading		173,566	190,151
Investment, net of applicable allowance (Note 4)		238,987	219,579
Securities		412,553	409,730
Assets purchased under reverse repurchase agreements and securities borrowed		301,797	340,191
Loans (Note 5)
Retail		612,687	569,951
Wholesale		353,567	287,826
Loans		966,254	857,777
Allowance for loan losses (Note 5)		(5,715)	(5,004)
Loans, net		960,539	852,773
Other
Customers' liability under acceptances		9,059	21,695
Derivatives		130,199	142,450
Premises and equipment		6,908	6,749
Goodwill		19,031	12,594
Other intangibles		8,133	5,903
Other assets		82,999	81,371
Total other assets		256,329	270,762
Total assets		2,031,050	2,006,531
Deposits (Note 7)
Personal		499,882	441,946
Business and government		794,934	745,075
Bank		32,787	44,666
Total deposits		1,327,603	1,231,687
Other
Acceptances		9,110	21,745
Obligations related to securities sold short		31,487	33,651
Obligations related to assets sold under repurchase agreements and securities loaned		279,721	335,238
Derivatives		136,568	142,629
Insurance contract liabilities (Note 8)		21,199	19,026
Other liabilities		90,294	96,022
Total other liabilities		568,379	648,311
Subordinated debentures (Note 11)		13,464	11,386
Total liabilities		1,909,446	1,891,384
Equity attributable to shareholders
Retained earnings		83,774	81,715
Other components of equity		7,444	6,852
Total equity attributable to shareholders		121,504	115,048
Non-controlling interests		100	99
Total equity		121,604	115,147
Total liabilities and equity		2,031,050	2,006,531
Preferred shares and other equity instruments [member]
Equity attributable to shareholders
Issued capital (Note 11)		9,439	7,314
Common shares [member]
Equity attributable to shareholders
Issued capital (Note 11)		$ 20,847	$ 19,167
[1]We are required to maintain balances due to regulatory requirements or contractual restrictions from central banks, other regulatory authorities, and other counterparties. The total balances were $2 billion as at April 30, 2024 (January 31, 2024 – $3 billion; October 31, 2023 – $3 billion; April 30, 2023 – $3 billion; October 31, 2022 – $2 billion).

Interim Condensed Consolidate_2

Interim Condensed Consolidated Statements of Income (unaudited) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023
Interest and dividend income (Note 3)
Loans	$ 12,933	$ 10,384	$ 25,202	$ 20,381
Securities	4,194	3,178	8,748	6,181
Assets purchased under reverse repurchase agreements and securities borrowed	7,011	4,907	14,232	9,673
Deposits and other	1,616	1,849	3,181	3,420
Interest and dividend income	25,754	20,318	51,363	39,655
Interest expense (Note 3)
Deposits and other	11,488	8,656	22,793	16,428
Other liabilities	7,454	5,394	15,240	10,619
Subordinated debentures	189	169	375	307
Interest expense	19,131	14,219	38,408	27,354
Net interest income	6,623	6,099	12,955	12,301
Non-interest income
Insurance service result (Note 8)	203	225	390	417
Insurance investment result (Note 8)	59	14	200	(59)
Trading revenue	633	430	1,437	1,499
Investment management and custodial fees	2,257	2,083	4,442	4,139
Mutual fund revenue	1,067	1,000	2,097	2,015
Securities brokerage commissions	431	377	819	738
Service charges	557	511	1,111	1,022
Underwriting and other advisory fees	734	458	1,340	970
Foreign exchange revenue, other than trading	287	322	549	755
Card service revenue	291	279	617	604
Credit fees	434	357	829	736
Net gains on investment securities	59	111	129	164
Share of profit in joint ventures and associates	18	12	30	41
Other	501	167	694	460
Non-interest income	7,531	6,346	14,684	13,501
Total revenue	14,154	12,445	27,639	25,802
Provision for credit losses (Notes 4 and 5)	920	600	1,733	1,132
Non-interest expense
Human resources (Note 9)	5,091	4,573	10,254	9,423
Equipment	615	589	1,234	1,158
Occupancy	441	405	848	809
Communications	358	318	679	596
Professional fees	697	506	1,321	888
Amortization of other intangibles	373	383	725	745
Other	733	626	1,571	1,370
Non-interest expense	8,308	7,400	16,632	14,989
Income before income taxes	4,926	4,445	9,274	9,681
Income taxes	976	765	1,742	2,868
Net income	3,950	3,680	7,532	6,813
Net income attributable to:
Shareholders	3,948	3,679	7,528	6,810
Non-controlling interests	2	1	4	3
Net income	$ 3,950	$ 3,680	$ 7,532	$ 6,813
Basic earnings per share (in dollars) (Note 12)	$ 2.75	$ 2.6	$ 5.25	$ 4.83
Diluted earnings per share (in dollars) (Note 12)	2.74	2.6	5.25	4.83
Dividends per common share (in dollars)	$ 1.38	$ 1.32	$ 2.76	$ 2.64

Interim Condensed Consolidate_3

Interim Condensed Consolidated Statements of Comprehensive Income (unaudited) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023
Statement of comprehensive income [abstract]
Net income	$ 3,950	$ 3,680	$ 7,532	$ 6,813
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	82	(20)	870	612
Reclassification of net losses (gains) on debt securities and loans at fair value through other comprehensive income to income	(43)	(81)	(92)	(113)
Net change in unrealized gains (losses) on debt securities and loans at fair value through other comprehensive income	39	(101)	778	499
Foreign currency translation adjustments
Unrealized foreign currency translation gains (losses)	1,831	1,537	(320)	582
Net foreign currency translation gains (losses) from hedging activities	(827)	(611)	95	(547)
Reclassification of losses (gains) on net investment hedging activities to income			1
Foreign currency translation adjustments	1,004	926	(224)	35
Net change in cash flow hedges
Net gains (losses) on derivatives designated as cash flow hedges	293	(193)	(309)	(591)
Reclassification of losses (gains) on derivatives designated as cash flow hedges to income	(128)	84	(309)	86
Net change in cash flow hedges	165	(109)	(618)	(505)
Items that will not be reclassified subsequently to income:
Remeasurement gains (losses) on employee benefit plans (Note 9)	104	(129)	146	(359)
Net gains (losses) from fair value changes due to credit risk on financial liabilities designated at fair value through profit or loss	(313)	309	(1,014)	(487)
Net gains (losses) on equity securities designated at fair value through other comprehensive income	19	8	74	18
Total items that will not be reclassified subsequently to income	(190)	188	(794)	(828)
Total other comprehensive income (loss), net of taxes	1,018	904	(858)	(799)
Total comprehensive income (loss)	4,968	4,584	6,674	6,014
Total comprehensive income attributable to:
Shareholders	4,963	4,580	6,670	6,011
Non-controlling interests	5	4	4	3
Total comprehensive income (loss)	4,968	4,584	6,674	6,014
Income taxes on other comprehensive income
Net unrealized gains (losses) on debt securities and loans at fair value through other comprehensive income	(7)	20	296	191
Provision for credit losses recognized in income		1		1
Reclassification of net losses (gains) on debt securities and loans at fair value through other comprehensive income to income	(12)	(21)	(28)	(30)
Unrealized foreign currency translation gains (losses)	7	1	(10)	1
Net foreign currency translation gains (losses) from hedging activities	(307)	(226)	33	(64)
Net gains (losses) on derivatives designated as cash flow hedges	137	(76)	(125)	(140)
Reclassification of losses (gains) on derivatives designated as cash flow hedges to income	(47)	33	(115)	34
Remeasurement gains (losses) on employee benefit plans	30	(49)	52	(72)
Net gains (losses) from fair value changes due to credit risk on financial liabilities designated at fair value through profit or loss	(119)	119	(390)	(187)
Net gains (losses) on equity securities designated at fair value through other comprehensive income	7	3	27	15
Total income tax expenses (recoveries)	$ (311)	$ (195)	$ (260)	$ (251)

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]
Restated balance at beginning of period (Previously stated [member]) 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
Restated balance at beginning of period (Transition adjustments [member]) at Oct. 31, 2022	(2,359)						(2,359)		(2,359)
Restated balance at beginning of period (Currently Restated [Member]) at Oct. 31, 2022	105,816		7,323	17,318	(5)	(334)	75,678	5,725	105,705	111	(2,357)	5,688	2,394
Changes in equity
Issues of share capital and other equity instruments	667			666			1		667
Sales of treasury shares and other equity instruments	2,466				389	2,077			2,466
Purchases of treasury shares and other equity instruments	(2,258)				(388)	(1,870)			(2,258)
Share-based compensation awards	4	$ 45					4		4
Dividends on common shares	(3,665)						(3,665)		(3,665)
Dividends on preferred shares and distributions on other equity instruments	(127)						(111)		(111)	(16)
Other	28						28		28
Net income	6,813						6,810		6,810	3
Total other comprehensive income (loss), net of taxes	(799)						(828)	29	(799)		499	35	(505)
Restated balance at end of period at Apr. 30, 2023	108,945		7,323	17,984	(4)	(127)	77,917	5,754	108,847	98	(1,858)	5,723	1,889
Restated balance at beginning of period at Jan. 31, 2023	105,359		7,323	17,342	10	(389)	75,929	5,041	105,256	103	(1,757)	4,800	1,998
Changes in equity
Issues of share capital and other equity instruments	642			642					642
Sales of treasury shares and other equity instruments	1,447				112	1,335			1,447
Purchases of treasury shares and other equity instruments	(1,199)				(126)	(1,073)			(1,199)
Share-based compensation awards	(1)	21					(1)		(1)
Dividends on common shares	(1,836)						(1,836)		(1,836)
Dividends on preferred shares and distributions on other equity instruments	(76)						(67)		(67)	(9)
Other	25						25		25
Net income	3,680						3,679		3,679	1
Total other comprehensive income (loss), net of taxes	904						188	713	901	3	(101)	923	(109)
Restated balance at end of period at Apr. 30, 2023	108,945		7,323	17,984	(4)	(127)	77,917	5,754	108,847	98	(1,858)	5,723	1,889
Restated balance at beginning of period (Previously stated [member]) at Oct. 31, 2023	115,147		7,323	19,398	(9)	(231)	81,715	6,852	115,048	99	(2,516)	6,612	2,756
Restated balance at beginning of period (Transition adjustments [member]) at Oct. 31, 2023							(656)	656			656
Restated balance at beginning of period (Currently Restated [Member]) at Oct. 31, 2023	115,147		7,323	19,398	(9)	(231)	81,059	7,508	115,048	99	(1,860)	6,612	2,756
Restated balance at beginning of period at Oct. 31, 2023	115,147
Changes in equity
Issues of share capital and other equity instruments	3,626		2,120	1,520			(14)		3,626
Redemption of preferred shares and other equity instruments	(21)		(23)				2		(21)
Sales of treasury shares and other equity instruments	2,856				517	2,339			2,856
Purchases of treasury shares and other equity instruments	(2,668)				(489)	(2,179)			(2,668)
Share-based compensation awards	8	60					8		8
Dividends on common shares	(3,897)						(3,897)		(3,897)
Dividends on preferred shares and distributions on other equity instruments	(128)						(125)		(125)	(3)
Other	7						7		7
Net income	7,532						7,528		7,528	4
Total other comprehensive income (loss), net of taxes	(858)						(794)	(64)	(858)		778	(224)	(618)
Restated balance at end of period at Apr. 30, 2024	121,604		9,420	20,918	19	(71)	83,774	7,444	121,504	100	(1,082)	6,388	2,138
Restated balance at beginning of period at Jan. 31, 2024	116,488		8,050	20,156	(19)	(84)	82,049	6,239	116,391	97	(1,121)	5,387	1,973
Changes in equity
Issues of share capital and other equity instruments	2,124		1,370	762			(8)		2,124
Sales of treasury shares and other equity instruments	1,516				404	1,112			1,516
Purchases of treasury shares and other equity instruments	(1,465)				(366)	(1,099)			(1,465)
Share-based compensation awards		$ 22
Dividends on common shares	(1,953)						(1,953)		(1,953)
Dividends on preferred shares and distributions on other equity instruments	(69)						(67)		(67)	(2)
Other	(5)						(5)		(5)
Net income	3,950						3,948		3,948	2
Total other comprehensive income (loss), net of taxes	1,018						(190)	1,205	1,015	3	39	1,001	165
Restated balance at end of period at Apr. 30, 2024	$ 121,604		$ 9,420	$ 20,918	$ 19	$ (71)	$ 83,774	$ 7,444	$ 121,504	$ 100	$ (1,082)	$ 6,388	$ 2,138

Interim Condensed Consolidate_5

Interim Condensed Consolidated Statements of Cash Flows (unaudited) - CAD ($) $ in Millions		3 Months Ended		6 Months Ended
		Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023
Cash flows from operating activities
Net income		$ 3,950	$ 3,680	$ 7,532	$ 6,813
Adjustments for non-cash items and others
Provision for credit losses		920	600	1,733	1,132
Depreciation		338	313	658	628
Deferred income taxes		(246)	(96)	(852)	(357)
Amortization and impairment of other intangibles		385	395	739	768
Net changes in investments in joint ventures and associates		(18)	(11)	(30)	(40)
Losses (Gains) on investment securities		(59)	(111)	(129)	(164)
Losses (Gains) on disposition of businesses		(1)		(5)
Adjustments for net changes in operating assets and liabilities
Insurance contract liabilities		(143)	435	2,173	1,426
Net change in accrued interest receivable and payable		1,414	1,556	1,589	1,953
Current income taxes		(430)	(314)	(115)	569
Derivative assets		(21,796)	5,971	15,616	30,127
Derivative liabilities		26,053	(7,184)	(9,602)	(29,183)
Trading securities		21,141	9,310	18,620	11,998
Loans, net of securitizations		(27,878)	(7,726)	(33,716)	(12,430)
Assets purchased under reverse repurchase agreements and securities borrowed		46,518	(6,860)	38,838	(17,394)
Obligations related to assets sold under repurchase agreements and securities loaned		(60,433)	1,191	(61,181)	17,611
Obligations related to securities sold short		(4,433)	801	(3,072)	537
Deposits, net of securitizations		209	6,211	9,690	22,356
Brokers and dealers receivable and payable		505	(2,033)	8	(3,004)
Other		(1,599)	4,178	(5,740)	(5,181)
Net cash from (used in) operating activities		(15,603)	10,306	(17,246)	28,165
Cash flows from investing activities
Change in interest-bearing deposits with banks		22,621	11,615	32,627	7,949
Proceeds from sales and maturities of investment securities		43,051	42,915	108,531	77,197
Purchases of investment securities		(46,833)	(48,318)	(107,720)	(88,833)
Net acquisitions of premises and equipment and other intangibles		(410)	(706)	(892)	(1,404)
Net proceeds from (cash transferred for) dispositions		1		10
Cash used in acquisitions, net of cash acquired		(12,716)		(12,716)
Net cash from (used in) investing activities		5,714	5,506	19,840	(5,091)
Cash flows from financing activities
Issuance of subordinated debentures		2,000		2,000	1,500
Repayment of subordinated debentures					(60)
Issue of common shares, net of issuance costs		20	20	56	42
Issue of preferred shares and other equity instruments, net of issuance costs		1,362		2,106
Redemption of preferred shares and other equity instruments				(21)
Sales of treasury shares and other equity instruments		1,516	1,447	2,856	2,466
Purchases of treasury shares and other equity instruments		(1,465)	(1,199)	(2,668)	(2,258)
Dividends paid on shares and distributions paid on other equity instruments		(1,262)	(1,252)	(2,502)	(3,093)
Dividends/distributions paid to non-controlling interests		(2)	(9)	(3)	(16)
Change in short-term borrowings of subsidiaries		(4,352)	(2,109)	(3,819)	2,382
Repayment of lease liabilities		(157)	(163)	(310)	(329)
Net cash from (used in) financing activities		(2,340)	(3,265)	(2,305)	634
Effect of exchange rate changes on cash and due from banks		(745)	375	(905)	3,094
Net change in cash and due from banks		(12,974)	12,922	(616)	26,802
Cash and due from banks at beginning of period	[1]	74,347	86,277	61,989	72,397
Cash and due from banks at end of period	[1]	61,373	99,199	61,373	99,199
Cash flows from operating activities include:
Amount of interest paid		16,788	11,801	35,708	23,027
Amount of interest received		24,930	19,190	49,880	36,682
Amount of dividends received		798	788	1,856	1,620
Amount of income taxes paid		$ 1,221	$ 972	$ 2,076	$ 2,408
[1]We are required to maintain balances due to regulatory requirements or contractual restrictions from central banks, other regulatory authorities, and other counterparties. The total balances were $2 billion as at April 30, 2024 (January 31, 2024 – $3 billion; October 31, 2023 – $3 billion; April 30, 2023 – $3 billion; October 31, 2022 – $2 billion).

Interim Condensed Consolidate_6

Interim Condensed Consolidated Statements of Cash Flows (unaudited) (Parenthetical) - CAD ($) $ in Billions	Apr. 30, 2024	Jan. 31, 2024	Oct. 31, 2023	Apr. 30, 2023	Oct. 31, 2022
Statement of cash flows [abstract]
Mandatory reserve deposits at central banks	$ 2	$ 3	$ 3	$ 3	$ 2

General information

General information	6 Months Ended
	Apr. 30, 2024
Text Block [Abstract]
General information	Note 1 General information Our unaudited Interim Condensed Consolidated Financial Statements (Condensed Financial Statements) are presented in compliance with International Accounting Standard (IAS) 34 Interim Financial Reporting

Summary of significant accounti

Summary of significant accounting policies, estimates and judgments	6 Months Ended
	Apr. 30, 2024
Text Block [Abstract]
Summary of significant accounting policies, estimates and judgments	Note 2 Summary of significant accounting policies, estimates and judgments Except as indicated below, the Condensed Financial Statements have been prepared using the same accounting policies and methods used in the preparation of our audited 2023 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 2023 Annual Consolidated Financial Statements and updates are provided below. Changes in accounting policies During the first quarter of 2024, we adopted IFRS 17 Insurance Contracts Insurance Contracts As permitted by the transition provisions of IFRS 17, we reclassified certain financial assets between fair value classification categories at the date of initial application of IFRS 17 as described below. The reclassifications resulted in no adjustments to carrying amounts of financial assets as at November 1, 2023. Retained earnings and Other components of equity as at November 1, 2023 were adjusted as a result with no net impact to total equity. We elected not to restate comparative period results for these changes and accordingly, comparative period information for the impacted financial assets prior to November 1, 2023 is presented in accordance with our previous classifications. Insurance and reinsurance contracts Contracts under which we accept significant insurance risk from a policyholder by agreeing to compensate the policyholder if a specified uncertain future event adversely affects the policyholder are insurance contracts, which includes reinsurance contracts issued. Contracts under which we transfer significant insurance risk to a reinsurer that compensates us for claims relating to underlying insurance contracts issued by us are reinsurance contracts held, and are accounted for separately from the underlying insurance contracts to which they relate. Embedded derivatives, investment components and promises to provide non-insurance • For insurance contracts with direct participating features (applicable primarily to our segregated fund insurance contracts), the variable fee approach (VFA) is applied. • For insurance contracts and reinsurance contracts held with a short duration of one year or less (applicable primarily to our creditor reinsurance contracts issued, group life and health insurance contracts and travel insurance contracts), the premium allocation approach (PAA) is applied. • The general measurement method (GMM) is applied to all remaining contracts. Under the GMM and VFA, the carrying amount of a group of insurance or reinsurance contracts is measured as the sum of the fulfilment cash flows and the contractual service margin (CSM). The carrying amount is also the sum of the balance for remaining coverage and the balance for incurred claims. The balance for remaining coverage comprises the fulfilment cash flows that relate to services that will be provided under the contracts in future periods and any remaining CSM at that date. The balance for incurred claims includes the fulfilment cash flows for incurred claims and expenses that have not yet been paid, including claims that have been incurred but not yet reported. The fulfilment cash flows consist of the present value of future cash flows and a risk adjustment for non-financial non-financial non-financial Non-interest Non-interest Discount rates used reflect the time value of money and are based on the characteristics of the insurance and reinsurance contracts. Cash flows that vary based on the returns on underlying items are discounted at rates reflecting that variability. For cash flows that do not vary based on the returns on underlying items, we predominantly apply the top-down bottom-up For insurance contracts, the CSM represents the unearned profit (net inflows) for providing insurance coverage. If there is a net outflow at the initial recognition of the group, the group is onerous and the net outflow is recognized in Non-interest locked-in locked-in Non-interest Under the PAA, the liability for remaining coverage for each group is measured as the premiums received less insurance revenue recognized for services provided, while the liability for incurred claims is measured as the fulfillment cash flows for incurred claims. Losses from the recognition of onerous groups of insurance contracts, regardless of the measurement model applied, are recognized in Non-interest The insurance and reinsurance contract balances are remeasured at the end of each reporting period. We have elected to update the accounting estimates made in the previous interim period when remeasuring the insurance and reinsurance contracts in subsequent interim and annual reporting periods. An insurance or reinsurance contract is derecognized when it is extinguished or modified such that the modification results in a change in the measurement model, a substantially different contract boundary or a change in the scope of the applicable standard for measuring a component of the contract. Insurance service result comprises Insurance revenue less Insurance service expense and Net income (expense) from reinsurance contracts held. • Insurance revenue is recognized as we provide insurance contract services under the groups of insurance contracts. For contracts measured using the PAA, the insurance revenue is generally recognized based on allocating expected premium receipts over the passage of time. For contracts measured using the GMM and VFA, insurance revenue represents the amount of consideration we expect to be entitled to in exchange for services in the period, which includes expected claims and expenses directly attributable to fulfilling insurance contracts (excluding any investment components), release of the risk adjustment for the period, CSM amortization to reflect services provided in the period, an allocation of premiums that relates to recovering insurance acquisition expenses and experience adjustments for premium receipts relating to current or past services. • Insurance service expense arising from insurance contracts include incurred claims and other directly attributable expenses in the current period (excluding investment components), amortization and impairment losses relating to insurance acquisition cash flows where applicable, changes relating to past or current services and changes in loss components of onerous groups of contracts. • Net income (expense) from reinsurance contracts held represents the amounts recovered from the reinsurers less the allocation of premiums paid on reinsurance contracts held. Insurance investment result comprises Net investment income, Net insurance finance income (expense) and Net reinsurance finance income (expense) from reinsurance contracts held. • Net investment income primarily comprises interest and dividend income and net gains (losses) on financial assets, including segregated fund assets, and derivatives relating to the Insurance segment. Financial assets supporting the Insurance segment are primarily measured at FVTPL and FVOCI. • Insurance and reinsurance finance income (expense) represents the net effect of and changes in the time value of money (including the time value of money relating to risk adjustment on non-financial respectively Impact of IFRS 17 transition excluding the impact of reclassifications of financial assets Upon the adoption of IFRS 17, we applied IFRS 17 retrospectively by adjusting our Consolidated Balance Sheets as at November 1, 2022 and restating the comparative information for the year ended October 31, 2023. The full retrospective approach was applied for all insurance and reinsurance contracts unless it was impracticable to do so. The full retrospective approach was applied to all contracts measured using the PAA and all new contracts issued on and after November 1, 2022 measured using the GMM and VFA as if IFRS 17 had always been applied. Due to data availability and the inability to use hindsight, the fair value approach was applied to contracts issued before November 1, 2022 that were measured under the GMM and VFA. Under the fair value approach, each portfolio comprises only one group, and the CSM was calculated as the difference between the fair value of a group of contracts and the fulfilment cash flows using reasonable and supportable information available at the transition date. To determine the fair value of a group of contracts, the requirements of IFRS 13 Fair Value Measurement non-financial The adoption of IFRS 17 resulted in a reduction in Retained earnings of $2.4 billion, net of taxes, as at November 1, 2022. This is attributable to the establishment of the CSM and other remeasurement changes to insurance and reinsurance contracts and related tax effects. The CSM of all insurance contracts net of reinsurance contracts held as at November 1, 2022 was $1.8 billion. The following details the selected balances and totals impacted on our Consolidated Balance Sheets as at November 1, 2022: (Millions of Canadian dollars) As at November 1, 2022 Transition As at November 1, 2022 Assets Segregated fund net assets (1) $ 2,638 $ (2,638 ) $ – Other Other assets (2) 80,300 4,261 84,561 Total assets $ 1,917,219 $ 1,623 $ 1,918,842 Liabilities Segregated fund net liabilities (3) $ 2,638 $ (2,638 ) $ – Other Insurance claims and policy benefit liabilities (4) 11,511 (11,511 ) – Insurance contract liabilities (4) – 18,226 18,226 Other liabilities (5) 95,235 (95 ) 95,140 Total liabilities $ 1,809,044 $ 3,982 $ 1,813,026 Total equity 108,175 (2,359 ) 105,816 Total liabilities and equity $  1,917,219 $    1,623 $  1,918,842 (1) Segregated fund net assets are now presented within Other assets. (2) The increase is primarily attributable to the inclusion of segregated fund net assets, the increase in insurance contract assets, reinsurance contract held assets and the tax effects of the IFRS 17 transition adjustment. (3) Segregated fund insurance contracts are now presented within Insurance contract liabilities. (4) Insurance claims and policy benefit liabilities measured under IFRS 4 is replaced with Insurance contract liabilities measured under IFRS 17. The increase in these balances is attributable to presentation changes and remeasurement impacts including the establishment of the CSM for in-force (5) Certain liabilities that were previously presented in Other liabilities are now included in the measurement of insurance contracts or reinsurance contracts held. Impact of reclassifications of financial assets from IFRS 17 transition As permitted by IFRS 17, we reclassified certain eligible financial assets held in respect of activities that relate to insurance contracts upon the adoption of IFRS 17. The changes were primarily a result of changes to the business models based on facts and circumstances that existed as at November 1, 2023, the date of the initial application of IFRS 17. We have applied these changes retrospectively by adjusting our Consolidated Balance Sheet as at November 1, 2023 with no restatement of comparative information. The following were reclassified as at November 1, 2 023 • $8.3 billion of securities and $2.0 billion of loans from designated as FVTPL to classified as FVTPL; • $0.5 billion of securities and $0.3 billion of loans from designated as FVTPL to classified as FVOCI; • $1.7 billion of securities from classified as FVOCI to classified as FVTPL; and • $0.3 billion of securities from classified as FVTPL to designated as FVOCI. The impacts of the reclassifications resulted in an increase in Other components of equity by $656 million, net of taxes, and a decrease in Retained earnings by the same amount, with no net impact to our total equity nor the carrying amounts of those assets. Future changes in accounting policy and disclosure IFRS 18 Presentation and Disclosure in Financial Statements (IFRS 18) In April 2024, the IASB issued IFRS 18 which sets out requirements for the presentation and disclosure of information in the financial statements. IFRS 18 will replace IAS 1 Presentation of Financial Statements

Fair value of financial instrum

Fair value of financial instruments	6 Months Ended
	Apr. 30, 2024
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 fi nancial instrum , and financial instruments measured at amortized cost . Embedded derivatives are presented on a combined basis with the host contracts. Refer to Note 2 and Note 3 of our audited 2023 Annual Consolidated Financial Statements for a description of the valuation techniques and inputs used in the fair value measurement of our financial instruments. There have been no significant changes to our determination of fair value during the quarter. As at April 30, 2024 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 $ – $ 30,259 $ – $ – $ 8,200 $ 8,200 $ 38,459 $ 38,459 Securities Trading 172,641 925 – – – – 173,566 173,566 Investment, net of applicable allowance – – 138,417 1,171 99,399 93,443 238,987 233,031 172,641 925 138,417 1,171 99,399 93,443 412,553 406,597 Assets purchased under reverse repurchase agreements and securities borrowed 246,911 – – – 54,886 54,886 301,797 301,797 Loans, net of applicable allowance Retail 598 – 538 – 608,407 597,432 609,543 598,568 Wholesale 25,524 1,838 947 – 322,687 317,447 350,996 345,756 26,122 1,838 1,485 – 931,094 914,879 960,539 944,324 Other Derivatives 130,199 – – – – – 130,199 130,199 Other assets (1) 10,159 8 – – 54,908 54,908 65,075 65,075 Financial liabilities Deposits Personal $ 258 $ 28,701 $ 470,923 $ 470,299 $ 499,882 $ 499,258 Business and government (2) 205 148,861 645,868 646,013 794,934 795,079 Bank (3) – 4,341 28,446 28,447 32,787 32,788 463 181,903 1,145,237 1,144,759 1,327,603 1,327,125 Other Obligations related to securities sold short 31,487 – – – 31,487 31,487 Obligations related to assets sold under repurchase agreements and securities loaned – 246,702 33,019 33,019 279,721 279,721 Derivatives 136,568 – – – 136,568 136,568 Other liabilities (4) (1,280 ) 2 76,004 76,223 74,726 74,945 Subordinated debentures – – 13,464 13,484 13,464 13,484 As at October 31, 2023 (Restated – Note 2) 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 $ – $ 60,856 $ – $ – $ 10,230 $ 10,230 $ 71,086 $ 71,086 Securities Trading 180,651 9,500 – – – – 190,151 190,151 Investment, net of applicable – – 127,624  842 91,113 83,667 219,579 212,133 180,651 9,500  127,624 842 91,113 83,667 409,730 402,284 Assets purchased under reverse repurchase agreements and  285,869 – – – 54,322 54,322 340,191 340,191 Loans, net of applicable allowance Retail 114 362 280 – 566,376 542,480 567,132 543,236 Wholesale 5,629 3,619 597 – 275,796 268,843 285,641 278,688 5,743 3,981 877 – 842,172 811,323 852,773 821,924 Other Derivatives 142,450 – – – – – 142,450 142,450 Other assets (1) 7,579 5 – – 68,450 68,450 76,034 76,034 Financial liabilities Deposits Personal $ 109 $ 26,702 $ 415,135 $ 412,886 $ 441,946 $ 439,697 Business and government (2) 174 137,454 607,447 605,260 745,075 742,888 Bank (3) – 11,462 33,204 33,160 44,666 44,622 283 175,618  1,055,786  1,051,306  1,231,687  1,227,207 Other Obligations related to securities sold short 33,651 – – – 33,651 33,651 Obligations related to assets sold under repurchase agreements and securities loaned –  298,679 36,559 36,559 335,238 335,238 Derivatives 142,629 – – – 142,629 142,629 Other liabilities (4) (937 ) 11 92,539 92,441 91,613 91,515 Subordinated debentures – – 11,386 11,213 11,386 11,213 (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    April 30, 2024 October 31, 2023 (Restated – Note 2) 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 $    – $  30,259 $    – $     $ 30,259 $   – $ 60,856 $   – $    $ 60,856 Securities Trading Debt issued or guaranteed by: Canadian government (1) Federal 16,894 2,133 – 19,027 26,675 2,581 – 29,256 Provincial and municipal – 15,795 – 15,795 – 16,389 – 16,389 U.S. federal, state, municipal and (1), (2) 1,570 33,957 – 35,527 2,249 50,439 – 52,688 Other OECD government (3) 2,345 2,002 – 4,347 2,055 2,577 – 4,632 Mortgage-backed securities (1) – 1 – 1 – 2 – 2 Asset-backed securities Non-CDO (4) – 1,200 – 1,200 – 1,245 – 1,245 Corporate debt and other debt – 24,011 – 24,011 – 22,615 – 22,615 Equities 68,988 2,278 2,392 73,658 58,826 2,232 2,266 63,324 89,797 81,377 2,392 173,566 89,805 98,080 2,266 190,151 Investment Debt issued or guaranteed by: Canadian government (1) Federal 4,408 10,312 – 14,720 2,731 3,528 – 6,259 Provincial and municipal – 3,542 – 3,542 – 2,748 – 2,748 U.S. federal, state, municipal and agencies (1) 865 70,701 – 71,566 275 73,020 – 73,295 Other OECD government 2,007 7,684 – 9,691 – 6,192 – 6,192 Mortgage-backed securities (1) – 2,454 30 2,484 – 2,672 29 2,701 Asset-backed securities CDO – 8,532 – 8,532 – 8,265 – 8,265 Non-CDO – 494 – 494 – 441 – 441 Corporate debt and other debt – 27,244 144 27,388 – 27,574 149 27,723 Equities 391 304 476 1,171 38 338 466 842 7,671 131,267 650 139,588 3,044 124,778 644 128,466 Assets purchased under reverse repurchase agreements and securities borrowed – 246,911 – 246,911 – 285,869 – 285,869 Loans – 27,608 1,837 29,445 – 8,742 1,859 10,601 Other Derivatives Interest rate contracts – 33,524 257 33,781 – 39,243 290 39,533 Foreign exchange contracts – 80,109 19 80,128 – 89,644 4 89,648 Credit derivatives – 242 – 242 – 224 – 224 Other contracts 2,577 16,216 22 18,815 2,352 13,927 111 16,390 Valuation adjustments – (1,296 ) 2 (1,294 ) – (1,805 ) 4 (1,801 ) Total gross derivatives 2,577 128,795 300 131,672 2,352 141,233 409 143,994 Netting adjustments (1,473 ) (1,473 ) (1,544 ) (1,544 ) Total derivatives 130,199 142,450 Other assets 5,001 5,157 9 10,167 4,152 3,421 11 7,584 $  105,046 $  651,374 $  5,188 $ (1,473 ) $  760,135 $  99,353 $  722,979 $  5,189 $  (1,544 ) $  825,977 Financial liabilities Deposits Personal $ – $ 28,326 $ 633 $ $ 28,959 $ – $ 26,428 $ 383 $ $ 26,811 Business and government – 149,066 – 149,066 – 137,628 – 137,628 Bank – 4,341 – 4,341 – 11,462 – 11,462 Other Obligations related to securities sold short 13,549 17,938 – 31,487 14,391 19,260 – 33,651 Obligations related to assets sold under repurchase agreements and securities loaned – 246,702 – 246,702 – 298,679 – 298,679 Derivatives Interest rate contracts – 34,411 904 35,315 – 41,249 952 42,201 Foreign exchange contracts – 72,939 46 72,985 – 81,750 53 81,803 Credit derivatives – 209 – 209 – 176 – 176 Other contracts 2,982 26,779 320 30,081 3,119 17,306 549 20,974 Valuation adjustments – (557 ) 8 (549 ) – (982 ) 1 (981 ) Total gross derivatives 2,982 133,781 1,278 138,041 3,119 139,499 1,555 144,173 Netting adjustments (1,473 ) (1,473 ) (1,544 ) (1,544 ) Total derivatives 136,568 142,629 Other liabilities 451 (1,729 ) – (1,278 ) 370 (1,296 ) – (926 ) $ 16,982 $  578,425 $ 1,911 $ (1,473 ) $ 595,845 $ 17,880 $ 631,660 $ 1,938 $ (1,544 ) $ 649,934 (1) As at April 30, 2024, residential and commercial mortgage-backed securities (MBS) included in all fair value levels of trading securities were $14,233 million and $nil (October 31, 2023 – $14,345 million and $nil), respectively, and in all fair value levels of Investment securities were $24,951 million and $2,324 million (October 31, 2023 – $24,365 million and $2,618 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 April 30, 2024, there were no significant changes made to the valuation techniques and ranges and weighted averages of unobservable inputs used in the determination of fair value of Level 3 financial instruments. As at April 30, 2024, 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 2023 Annual Consolidated Financial Statements. Changes in fair value measurement for instruments measured on a recurring basis and categorized in Level 3 For the three months ended April 30, 2024 (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 $ – $ – $ – $ – $ – $ – $ – $ – $ – Asset-backed securities Non-CDO – – – – – – – – – Corporate debt and other debt – – – – – – – – – Equities 2,286 (36 ) 28 131 (16 ) – (1 ) 2,392 (12 ) 2,286 (36 ) 28 131 (16 ) – (1 ) 2,392 (12 ) Investment Mortgage-backed securities 30 – – – – – – 30 n.a. Corporate debt and other debt 148 – 1 – (5 ) – – 144 n.a. Equities 462 – 9 3 – 2 – 476 n.a. 640 – 10 3 (5 ) 2 – 650 n.a. Loans 1,815 (8 ) 12 202 (47 ) 3 (140 ) 1,837 (4 ) Other Net derivative balances (3) Interest rate contracts (535 ) (77 ) – (26 ) (3 ) (5 ) (1 ) (647 ) (62 ) Foreign exchange contracts (49 ) 10 4 10 (2 ) 2 (2 ) (27 ) 13 Other contracts (349 ) 8 (8 ) (33 ) 3 (79 ) 160 (298 ) – Valuation adjustments 4 – – (2 ) (8 ) – – (6 ) – Other assets 10 – – – (1 ) – – 9 – $ 3,822 $ (103 ) $ 46 $ 285 $ (79 ) $ (77 ) $ 16 $ 3,910 $ (65 ) Liabilities Deposits $ (429 ) $ (4 ) $ (2 ) $ (235 ) $ 25 $ (89 ) $ 101 $ (633 ) $ 6 $ (429 ) $ (4 ) $ (2 ) $ (235 ) $ 25 $ (89 ) $ 101 $ (633 ) $ 6 For the three months ended April 30, 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 $ – $ – $ – $ – $ – $ – $ – $ – $ – Asset-backed securities Non-CDO – – – – – – – – – Corporate debt and other debt – – – 2 – 17 – 19 – Equities 2,106 (108 ) 19 171 (12 ) 1 – 2,177 (87 ) 2,106 (108 ) 19 173 (12 ) 18 – 2,196 (87 ) Investment Mortgage-backed securities 28 – (2 ) 1 – – – 27 n.a. Corporate debt and other debt 149 – 8 – (7 ) – – 150 n.a. Equities 420 – 16 – – – – 436 n.a. 597 – 22 1 (7 ) – – 613 n.a. Loans 2,597 26 30 46 (261 ) – (28 ) 2,410 27 Other Net derivative balances (3) Interest rate contracts (654 ) (1 ) – 12 2 5 (2 ) (638 ) (4 ) Foreign exchange contracts (63 ) (4 ) 3 (3 ) – – 11 (56 ) (24 ) Other contracts (547 ) 92 (7 ) (30 ) 4 (28 ) 103 (413 ) 21 Valuation adjustments 17 – – – (1 ) – – 16 – Other assets 13 – – – – – – 13 – $ 4,066 $ 5 $ 67 $ 199 $ (275 ) $ (5 ) $ 84 $ 4,141 $ (67 ) Liabilities Deposits $ (250 ) $ (7 ) $ (1 ) $ (42 ) $ 4 $ (17 ) $ 63 $ (250 ) $ (4 ) $ (250 ) $ (7 ) $ (1 ) $ (42 ) $ 4 $ (17 ) $ 63 $ (250 ) $ (4 ) For the six months ended April 30, 2024 (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 $ – $ – $ – $ – $ – $ – $ – $ – $ – Asset-backed securities Non-CDO – – – – – – – – – Corporate debt and other debt – – – – – – – – – Equities 2,266 (54 ) (8 ) 229 (40 ) – (1 ) 2,392 (8 ) 2,266 (54 ) (8 ) 229 (40 ) – (1 ) 2,392 (8 ) Investment Mortgage-backed securities 29 – 1 – – – – 30 n.a. Corporate debt and other debt 149 – 4 – (9 ) – – 144 n.a. Equities 466 – 5 3 – 2 – 476 n.a. 644 – 10 3 (9 ) 2 – 650 n.a. Loans 1,859 (54 ) 4 367 (240 ) 41 (140 ) 1,837 (50 ) Other Net derivative balances (3) Interest rate contracts (662 ) 3 – (14 ) 13 12 1 (647 ) 17 Foreign exchange contracts (49 ) (1 ) 5 15 3 2 (2 ) (27 ) 3 Other contracts (438 ) (115 ) 6 (48 ) 1 (86 ) 382 (298 ) (64 ) Valuation adjustments 3 – – (1 ) (8 ) – – (6 ) – Other assets 11 – – – (2 ) – – 9 – $ 3,634 $ (221 ) $ 17 $ 551 $ (282 ) $ (29 ) $ 240 $ 3,910 $ (102 ) Liabilities Deposits $ (383 ) $ (51 ) $ 1 $ (357 ) $ 38 $ (90 ) $ 209 $ (633 ) $ (28 ) $ (383 ) $ (51 ) $ 1 $ (357 ) $ 38 $ (90 ) $ 209 $ (633 ) $ (28 ) For the six months ended April 30, 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 – – 2 – 17 (7 ) 19 – Equities 1,874 (122 ) (6 ) 421 (32 ) 42 – 2,177 (111 ) 1,887 (122 ) (6 ) 423 (38 ) 59 (7 ) 2,196 (111 ) Investment Mortgage-backed securities 28 – (2 ) 1 – – – 27 n.a. Corporate debt and other debt 151 – 7 – (8 ) – – 150 n.a. Equities 397 – 40 – (1 ) – – 436 n.a. 576 – 45 1 (9 ) – – 613 n.a. Loans 1,692 (26 ) 23 1,239 (381 ) 28 (165 ) 2,410 3 Other Net derivative balances (3) Interest rate contracts (859 ) 4 5 (8 ) 175 23 22 (638 ) 9 Foreign exchange contracts (132 ) 1 11 1 37 – 26 (56 ) (4 ) Other contracts (785 ) 37 10 (38 ) 66 (59 ) 356 (413 ) 30 Valuation adjustments 53 – – – (37 ) – – 16 – Other assets 15 – – – (2 ) – – 13 – $ 2,447 $ (106 ) $ 88 $ 1,618 $ (189 ) $ 51 $ 232 $ 4,141 $ (73 ) Liabilities Deposits $ (241 ) $ (27 ) $ – $ (77 ) $ 6 $ (51 ) $ 140 $ (250 ) $ (15 ) $ (241 ) $ (27 ) $ – $ (77 ) $ 6 $ (51 ) $ 140 $ (250 ) $ (15 ) (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 or losses on Investment securities recognized in other comprehensive income (OCI) were $nil for the three months ended April 30, 2024 (April 30, 2023 – gains of $12 million) and gains of $10 million for the six months ended April 30, 2024 (April 30, 2023 – gains of $30 million), excluding the translation gains or losses arising on consolidation. (2) Other includes amortization of premiums or discounts recognized in net income. (3) Net derivatives as at April 30, 2024 included derivative assets of $300 million (April 30, 2023 – $362 million) and derivative liabilities of $1,278 million (April 30, 2023 – $1,453 million). n.a. not applicable Transfers between fair value hierarchy levels for instruments carried at fair value on a recurring basis Transfers between Level 1 and Level 2, and transfers into and out of Level 3 are assumed to occur at the end of the period. For an asset or a liability that transfers into Level 3 during the period, the entire change in fair value for the period is excluded from the Gains (losses) included in earnings for positions still held column of the above reconciliation, whereas for transfers out of Level 3 during the period, the entire change in fair value for the period is included in the same column of the above reconciliation. Transfers between Level 1 and 2 are dependent on whether fair value is obtained on the basis of quoted market prices in active markets (Level 1). During the three months ended April 30, 2024, transfers out of Level 1 to Level 2 included Investment U.S. federal, state, municipal and agencies debt of $498 million and Trading U.S. federal, state, municipal and agencies debt of $258 million. During the three months ended April 30, 2023, transfers out of Level 1 to Level 2 included Trading U.S. federal, state, municipal and agencies debt of $112 million. During the three months ended April 30, 2024 and April 30, 2023, there were no significant transfers out of Level 2 to Level 1. During the six months ended April 30, 2024, transfers out of Level 1 to Level 2 included Investment U.S. federal, state, municipal and agencies debt of $621 million and Trading U.S. federal, state, municipal and agencies debt of $258 million. During the six months ended April 30, 2023, transfers out of Level 1 to Level 2 included Investment U.S. federal, state, municipal and agencies debt of $435 million and Trading U.S. federal, state, municipal and agencies debt of $112 million. During the six months ended April 30, 2024 and April 30, 2023, 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 April 30, 2024 and April 30, 2023, there were no significant transfers out of Level 2 to Level 3. During the three months ended April 30, 2024, transfers out of Level 3 to Level 2 included Other contracts, Loans and Deposits due to changes in the significance of unobservable inputs and changes in the market observability of inputs. During the three months ended April 30, 2023, transfers out of Level 3 to Level 2 included Other contracts due to changes in the significance of unobservable inputs. During the six months ended April 30, 2024 and April 30, 2023, there were no significant transfers out of Level 2 to Level 3. During the six months ended April 30, 2024, transfers out of Level 3 to Level 2 included Other contracts, Deposits and Loans due to changes in the significance of unobservable inputs and changes in the market observability of inputs. During the six months ended April 30, 2023, 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. Net interest income from financial instruments Interest and dividend income arising from financial assets and financial liabilities and the associated costs of funding are reported in Net interest income. For the three months ended For the six months ended (Millions of Canadian dollars) April 30 2024 April 30 2023 April 30 2024 April 30 2023 Interest and dividend income (1), (2) Financial instruments measured at fair value through profit or loss $  9,431 $ 6,948 $  18,905 $ 13,657 Financial instruments measured at fair value through other comprehensive income 1,627 1,114 3,235 2,056 Financial instruments measured at amortized cost 14,696 12,256 29,223 23,942 25,754 20,318 51,363 39,655 Interest expense (1) Financial instruments measured at fair value through profit or loss 8,711 6,275 17,795 12,515 Financial instruments measured at amortized cost 10,420 7,944 20,613 14,839  19,131  14,219 38,408  27,354 Net interest income $ 6,623 $ 6,099 $ 12,955 $ 12,301 (1) Excludes interest and dividend income for the three months ended April 30, 2024 of $162 million (April 30, 2023 – $225 million) and for the six months ended April 30, 2024 of $434 million (April 30, 2023 – $368 million), and interest expense for the three months ended April 30, 2024 of $12 million (April 30, 2023 – $13 million) and for the six months ended April 30, 2024 of $23 million (April 30, 2023 – $17 million) presented in Insurance investment result in the Interim Condensed Consolidated Statements of Income. (2) Includes dividend income for the three months ended April 30, 2024 of $776 million (April 30, 2023 – $801 million) and for the six months ended April 30, 2024 of $1,733 million (April 30, 2023 – $1,593 million) presented in Interest and dividend income in the Interim Condensed Consolidated Statements of Income.

Securities

Securities	6 Months Ended
	Apr. 30, 2024
Text Block [Abstract]
Securities	Note 4 Securities Unrealized gains and losses on securities at FVOCI (1), (2)           As at             April 30, 2024 October 31, 2023 (Millions of Canadian dollars) Cost/ Gross Gross Fair value Cost/ Gross Gross Fair value Debt issued or guaranteed by: Canadian government Federal $ 14,736 $ 7 $ (23 ) $ 14,720 $ 6,609 $ 1 $ (351 ) $ 6,259 Provincial and municipal 3,553 25 (36 ) 3,542 3,396 2 (650 ) 2,748 U.S. federal, state, municipal and agencies 72,997 299 (1,730 ) 71,566 75,326 343 (2,374 ) 73,295 Other OECD government 9,710 13 (32 ) 9,691 6,200 1 (9 ) 6,192 Mortgage-backed securities 2,512 2 (30 ) 2,484 2,762 – (61 ) 2,701 Asset-backed securities CDO 8,525 8 (1 ) 8,532 8,308 3 (46 ) 8,265 Non-CDO 496 2 (4 ) 494 444 2 (5 ) 441 Corporate debt and other debt 27,352 99 (63 ) 27,388 27,774 44 (95 ) 27,723 Equities 719 458 (6 ) 1,171 493 357 (8 ) 842 $  140,600 $  913 $  (1,925 ) $  139,588 $  131,312 $ 753 $  (3,599 ) $  128,466 (1) Excludes $99,399 million of held-to-collect (2) Gross unrealized gains and losses includes $(33) million of allowance for credit losses on debt securities at FVOCI as at April 30, 2024 (October 31, 2023 – $(33) million) recognized in income and Other components of equity. (3) These amounts reflect certain reclassifications made upon the adoption of IFRS 17 as at November 1, 2023 with no restatement of comparative information. Refer to Note 2 for further details. Allowance for credit losses on investment securities The following tables reconcile the opening and closing allowance for debt securities at FVOCI and amortized cost by stage. Reconciling items include the following: • Transfers between stages, which are presumed to occur before any corresponding remeasurement of the allowance. • Purchases, which reflect the allowance related to assets newly recognized during the period, including those assets that were derecognized following a modification of terms. • Sales and maturities, which reflect the allowance related to assets derecognized during the period without a credit loss being incurred, including those assets that were derecognized following a modification of terms. • Changes in risk, parameters and exposures, which comprise the impact of changes in model inputs or assumptions, including changes in forward-looking macroeconomic conditions; partial repayments; changes in the measurement following a transfer between stages; and unwinding of the time value discount due to the passage of time. Allowance for credit losses – securities at FVOCI (1) For the three months ended April 30, 2024 April 30, 2023 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 $ 4 $ – $ (37 ) $ (33 ) $ 4 $ 1 $ (24 ) $ (19 ) Provision for credit losses Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – – – – – – – Purchases 3 –    – 3 1 –     –    1 Sales and maturities (1 ) – – (1 ) (1 ) – – (1 ) Changes in risk, parameters and exposures (1 ) – (2 ) (3 ) – 2 (3 ) (1 ) Exchange rate and other 1 – – 1 (1 ) (1 ) 2 – Balance at end of period $   6 $  – $ (39 ) $  (33 ) $   3 $   2 $ (25 ) $ (20 ) For the six months ended April 30, 2024 April 30, 2023 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 $ 4 $ – $ (37 ) $ (33 ) $ 3 $ 1 $ (23 ) $ (19 ) Provision for credit losses Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – –    – – – – –    – Purchases 6 – – 6 3 – – 3 Sales and maturities (2 ) – – (2 ) (1 ) –     – (1 ) Changes in risk, parameters and exposures (3 ) – (4 ) (7 ) (1 ) 2 (5 ) (4 ) Exchange rate and other 1 – 2 3 (1 ) (1 ) 3 1 Balance at end of period $   6 $  – $ (39 ) $  (33 ) $   3 $   2 $ (25 ) $ (20 ) (1) Expected credit losses on debt securities at FVOCI are not separately recognized on the balance sheet as the related securities are recorded at fair value. The cumulative amount of credit losses recognized in income is presented in Other components of equity. (2) Reflects changes in the allowance for purchased credit impaired securities. Allowance for credit losses – securities at amortized cost For the three months ended April 30, 2024 April 30, 2023 Performing Impaired Performing Impaired (Millions of Canadian dollars) Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Balance at beginning of period $ 9 $ 14 $ – $ 23 $ 10 $ 13 $ – $ 23 Provision for credit losses Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – –    – – – –    – Purchases 1 – – 1 1 – – 1 Sales and maturities – – – – – – – – Changes in risk, parameters and exposures (2 ) (1 ) – (3 ) (3 ) –     – (3 ) Exchange rate and other – – – – 1 – – 1 Balance at end of period $   8 $  13 $    – $  21 $   9 $  13 $ – $  22 For the six months ended April 30, 2024 April 30, 2023 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 $ 15 $ – $ 23 $ 8 $ 14 $ – $ 22 Provision for credit losses Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – –    – – – – – Purchases 4 – – 4 5 – – 5 Sales and maturities – – – – – –     –    – Changes in risk, parameters and exposures (4 ) (1 ) – (5 ) (5 ) (1 ) – (6 ) Exchange rate and other – (1 ) – (1 ) 1 – – 1 Balance at end of period $   8 $  13 $    – $  21 $   9 $  13 $ – $  22 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 2023 Annual Report. As at       April 30, 2024 October 31, 2023 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 $ 137,417 $ 8 $   – $ 137,425 $  126,732 $ 1 $ – $ 126,733 Non-investment 849 – – 849 742 – – 742 Impaired – – 143 143 – – 149 149 138,266 8 143 138,417 127,474    1    149 127,624 Items not subject to impairment (2) 1,171 842 $ 139,588 $  128,466 Securities at amortized cost Investment grade $ 98,500 $ – $ – $ 98,500 $ 89,947 $ – $ – $ 89,947 Non-investment 761 159 – 920 990 199 – 1,189 Impaired – – – – – – – – 99,261 159 – 99,420 90,937 199 – 91,136 Allowance for credit losses 8 13 – 21 8 15 – 23 $ 99,253 $ 146 $ – $ 99,399 $ 90,929 $ 184 $ – $ 91,113 (1) Reflects $143 million of purchased credit impaired securities (October 31, 2023 – $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	6 Months Ended
	Apr. 30, 2024
Text Block [Abstract]
Loans and allowance for credit losses	Note 5 Loans and allowance for credit losses Allowance for credit losses For the three months ended April 30, 2024 April 30, 2023 (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 $ 542 $ 28 $ (5 ) $ 4 $ 569 $ 469 $ 11 $ (4 ) $ 4 $ 480 Personal 1,287 213 (134 ) 5 1,371 1,129 136 (98 ) (2 ) 1,165 Credit cards 1,101 223 (185 ) – 1,139 926 169 (115 ) – 980 Small business 212 39 (19 ) (2 ) 230 204 30 (7 ) (2 ) 225 Wholesale 2,445 405 (133 ) (3 ) 2,714 1,680 269 (54 ) (9 ) 1,886 Customers’ liability under acceptances 43 8 – – 51 41 (1 ) – 1 41 $  5,630 $  916 $  (476 ) $  4 $  6,074 $  4,449 $ 614 $  (278 ) $ (8 ) $  4,777 Presented as: Allowance for loan losses $ 5,299 $ 5,715 $ 3,999 $ 4,332 Other liabilities – Provisions 282 302 403 397 Customers’ liability under acceptances 43 51 41 41 Other components of equity 6 6 6 7 For the six months ended April 30, 2024 April 30, 2023 (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 $ 481 $ 102 $ (6 ) $ (8 ) $ 569 $ 432 $ 62 $ (9 ) $ (5 ) $ 480 Personal 1,228 415 (273 ) 1 1,371 1,043 305 (181 ) (2 ) 1,165 Credit cards 1,069 406 (335 ) (1 ) 1,139 893 305 (217 ) (1 ) 980 Small business 194 76 (34 ) (6 ) 230 194 47 (16 ) – 225 Wholesale 2,326 734 (282 ) (64 ) 2,714 1,574 430 (71 ) (47 ) 1,886 Customers’ liability under acceptances 50 1 – – 51 45 (5 ) – 1 41 $  5,348 $  1,734 $  (930 ) $  (78 ) $  6,074 $  4,181 $ 1,144 $  (494 ) $ (54 ) $  4,777 Presented as: Allowance for loan losses $ 5,004 $ 5,715 $ 3,753 $ 4,332 Other liabilities – Provisions 288 302 378 397 Customers’ liability under acceptances 50 51 45 41 Other components of equity 6 6 5 7 The following table reconciles the opening and closing allowance for each major product of loans and commitments as determined by our modelled, scenario-weighted allowance and the application of expert credit judgment as applicable. Reconciling items include the following: • Transfers between stages, which are presumed to occur before any corresponding remeasurements of the allowance. • Originations, which reflect the allowance related to assets newly recognized during the period, including those assets that were derecognized following a modification of terms. • Maturities, which reflect the allowance related to assets derecognized during the period without a credit loss being incurred, including those assets that were derecognized following a modification of terms. • Changes in risk, parameters and exposures, which comprise the impact of changes in model inputs or assumptions, including changes in forward-looking macroeconomic conditions; partial repayments and additional draws on existing facilities; changes in the measurement following a transfer between stages; and unwinding of the time value discount due to the passage of time in stage 1 and stage 2. Allowance for credit losses – Retail and wholesale loans For the three months ended April 30, 2024 April 30, 2023 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 $ 245 $ 110 $ 187 $ 542 $ 254 $ 82 $ 133 $ 469 Provision for credit losses Transfers to stage 1 16 (16 ) – – 19 (19 ) – – Transfers to stage 2 (4 ) 8 (4 ) – (13 ) 15 (2 ) – Transfers to stage 3 (1 ) (8 ) 9 – (1 ) (2 ) 3 – Originations (1) 32 – – 32 13 – – 13 Maturities (4 ) (3 ) – (7 ) (4 ) – – (4 ) Changes in risk, parameters and exposures (43 ) 27 19 3 (31 ) 26 7 2 Write-offs – – (7 ) (7 ) – – (8 ) (8 ) Recoveries – – 2 2 – – 4 4 Exchange rate and other 4 – – 4 1 1 2 4 Balance at end of period $ 245 $ 118 $ 206 $ 569 $ 238 $ 103 $ 139 $ 480 Personal Balance at beginning of period $ 280 $ 843 $ 164 $ 1,287 $ 286 $ 725 $ 118 $ 1,129 Provision for credit losses Transfers to stage 1 134 (134 ) – – 147 (146 ) (1 ) – Transfers to stage 2 (18 ) 19 (1 ) – (20 ) 21 (1 ) – Transfers to stage 3 – (31 ) 31 – (1 ) (12 ) 13 – Originations (1) 39 – – 39 25 – – 25 Maturities (9 ) (40 ) – (49 ) (10 ) (25 ) – (35 ) Changes in risk, parameters and exposures (128 ) 226 125 223 (130 ) 184 92 146 Write-offs – – (166 ) (166 ) – – (124 ) (124 ) Recoveries – – 32 32 – – 26 26 Exchange rate and other (2 ) 4 3 5 1 – (3 ) (2 ) Balance at end of period $ 296 $ 887 $ 188 $ 1,371 $ 298 $ 747 $ 120 $ 1,165 Credit cards Balance at beginning of period $ 188 $ 913 $ – $ 1,101 $ 184 $ 742 $ – $ 926 Provision for credit losses Transfers to stage 1 138 (138 ) – – 125 (125 ) – – Transfers to stage 2 (27 ) 27 – – (22 ) 22 – – Transfers to stage 3 – (118 ) 118 – (1 ) (98 ) 99 – Originations (1) 10 – – 10 3 – – 3 Maturities (1 ) (13 ) – (14 ) (1 ) (8 ) – (9 ) Changes in risk, parameters and exposures (116 ) 277 66 227 (89 ) 248 16 175 Write-offs – – (201 ) (201 ) – – (159 ) (159 ) Recoveries – – 16 16 – – 44 44 Exchange rate and other – (1 ) 1 – – – – – Balance at end of period $ 192 $ 947 $ – $ 1,139 $ 199 $ 781 $ – $ 980 Small business Balance at beginning of period $ 72 $ 74 $ 66 $ 212 $ 73 $ 73 $ 58 $ 204 Provision for credit losses Transfers to stage 1 7 (7 ) – – 8 (8 ) – – Transfers to stage 2 (4 ) 4 – – (4 ) 4 – – Transfers to stage 3 – (3 ) 3 – (1 ) (2 ) 3 – Originations (1) 11 – – 11 8 – – 8 Maturities (4 ) (5 ) – (9 ) (3 ) (4 ) – (7 ) Changes in risk, parameters and exposures (8 ) 15 30 37 (6 ) 15 20 29 Write-offs – – (22 ) (22 ) – – (10 ) (10 ) Recoveries – – 3 3 – – 3 3 Exchange rate and other – – (2 ) (2 ) 1 1 (4 ) (2 ) Balance at end of period $ 74 $ 78 $ 78 $ 230 $ 76 $ 79 $ 70 $ 225 Wholesale Balance at beginning of period $ 709 $ 853 $ 883 $ 2,445 $ 600 $ 612 $ 468 $ 1,680 Provision for credit losses Transfers to stage 1 52 (51 ) (1 ) – 49 (49 ) – – Transfers to stage 2 (40 ) 41 (1 ) – (15 ) 15 – – Transfers to stage 3 (1 ) (38 ) 39 – (1 ) (13 ) 14 – Originations (1) 245 – – 245 159 – – 159 Maturities (95 ) (95 ) – (190 ) (98 ) (58 ) – (156 ) Changes in risk, parameters and exposures (90 ) 201 239 350 (31 ) 119 178 266 Write-offs – – (150 ) (150 ) – – (60 ) (60 ) Recoveries – – 17 17 – – 6 6 Exchange rate and other (23 ) 13 7 (3 ) 5 6 (20 ) (9 ) Balance at end of period $   757 $   924 $   1,033 $  2,714 $   668 $   632 $   586 $  1,886 (1) Includes the impact of the HSBC Canada transaction. Refer to Note 6 for further details. For the six months ended April 30, 2024 April 30, 2023 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 $ 223 $ 90 $ 168 $ 481 $ 235 $ 65 $ 132 $ 432 Provision for credit losses Transfers to stage 1 33 (33 ) – – 32 (32 ) – – Transfers to stage 2 (10 ) 18 (8 ) – (19 ) 25 (6 ) – Transfers to stage 3 (2 ) (16 ) 18 – (1 ) (5 ) 6 – Originations (1) 51 – – 51 43 – – 43 Maturities (8 ) (7 ) – (15 ) (8 ) (2 ) – (10 ) Changes in risk, parameters and exposures (44 ) 67 43 66 (44 ) 51 22 29 Write-offs – – (11 ) (11 ) – – (16 ) (16 ) Recoveries – – 5 5 – – 7 7 Exchange rate and other 2 (1 ) (9 ) (8 ) – 1 (6 ) (5 ) Balance at end of period $ 245 $ 118 $ 206 $ 569 $ 238 $ 103 $ 139 $ 480 Personal Balance at beginning of period $ 280 $ 793 $ 155 $ 1,228 $ 285 $ 661 $ 97 $ 1,043 Provision for credit losses Transfers to stage 1 259 (259 ) – – 297 (296 ) (1 ) – Transfers to stage 2 (37 ) 39 (2 ) – (43 ) 44 (1 ) – Transfers to stage 3 (1 ) (59 ) 60 – (1 ) (25 ) 26 – Originations (1) 61 – – 61 48 – – 48 Maturities (21 ) (86 ) – (107 ) (22 ) (50 ) – (72 ) Changes in risk, parameters and exposures (242 ) 455 248 461 (268 ) 415 182 329 Write-offs – – (335 ) (335 ) – – (236 ) (236 ) Recoveries – – 62 62 – – 55 55 Exchange rate and other (3 ) 4 – 1 2 (2 ) (2 ) (2 ) Balance at end of period $ 296 $ 887 $ 188 $ 1,371 $ 298 $ 747 $ 120 $ 1,165 Credit cards Balance at beginning of period $ 203 $ 866 $ – $ 1,069 $ 177 $ 716 $ – $ 893 Provision for credit losses Transfers to stage 1 275 (275 ) – – 289 (289 ) – – Transfers to stage 2 (55 ) 55 – – (42 ) 42 – – Transfers to stage 3 (1 ) (226 ) 227 – (1 ) (192 ) 193 – Originations (1) 13 – – 13 7 – – 7 Maturities (2 ) (21 ) – (23 ) (2 ) (15 ) – (17 ) Changes in risk, parameters and exposures (241 ) 549 108 416 (228 ) 519 24 315 Write-offs – – (460 ) (460 ) – – (301 ) (301 ) Recoveries – – 125 125 – – 84 84 Exchange rate and other – (1 ) – (1 ) (1 ) – – (1 ) Balance at end of period $ 192 $ 947 $ – $ 1,139 $ 199 $ 781 $ – $ 980 Small business Balance at beginning of period $ 70 $ 66 $ 58 $ 194 $ 73 $ 73 $ 48 $ 194 Provision for credit losses Transfers to stage 1 12 (12 ) – – 18 (18 ) – – Transfers to stage 2 (9 ) 9 – – (7 ) 7 – – Transfers to stage 3 – (5 ) 5 – (1 ) (4 ) 5 – Originations (1) 20 – – 20 16 – – 16 Maturities (7 ) (10 ) – (17 ) (7 ) (10 ) – (17 ) Changes in risk, parameters and exposures (13 ) 30 56 73 (18 ) 28 38 48 Write-offs – – (40 ) (40 ) – – (21 ) (21 ) Recoveries – – 6 6 – – 5 5 Exchange rate and other 1 – (7 ) (6 ) 2 3 (5 ) – Balance at end of period $ 74 $ 78 $ 78 $ 230 $ 76 $ 79 $ 70 $ 225 Wholesale Balance at beginning of period $ 774 $ 785 $ 767 $ 2,326 $ 597 $ 585 $ 392 $ 1,574 Provision for credit losses Transfers to stage 1 102 (101 ) (1 ) – 100 (100 ) – – Transfers to stage 2 (95 ) 99 (4 ) – (35 ) 36 (1 ) – Transfers to stage 3 (4 ) (47 ) 51 – (4 ) (27 ) 31 – Originations (1) 369 – – 369 312 – – 312 Maturities (192 ) (182 ) – (374 ) (216 ) (129 ) – (345 ) Changes in risk, parameters and exposures (191 ) 374 556 739 (86 ) 269 280 463 Write-offs – – (310 ) (310 ) – – (86 ) (86 ) Recoveries – – 28 28 – – 15 15 Exchange rate and other (6 ) (4 ) (54 ) (64 ) – (2 ) (45 ) (47 ) Balance at end of period $   757 $   924 $   1,033 $  2,714 $   668 $   632 $   586 $  1,886 (1) Includes the impact of the HSBC Canada transaction. Refer to Note 6 for further details. 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 2023 Annual Consolidated Financial Statements. Our base scenario reflects rising unemployment rates in the near-term and central bank policy interest rate cuts beginning in calendar Q2 2024 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 Q3 2024 relative to our base scenario. In these scenarios, conditions are expected to deteriorate from calendar Q2 2024 levels for up to 18 months, followed by a recovery for the remainder of the period. long-run, The upside scenario reflects slightly stronger economic growth than the base scenario, without prompting a further offsetting monetary policy response as compared to our base scenario, followed by a return to a long-run The following provides additional detail about our calendar quarter forecasts for certain key macroeconomic variables used in the models to estimate the allowance for credit losses: • Unemployment rates • Gross Domestic Product (GDP ) • Oil price (West Texas Intermediate in US$) • Canadian housing price index 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     April 30, 2024 October 31, 2023 (Millions of Canadian dollars) Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 (1) Total Retail Loans outstanding – Residential mortgages Low risk $ 379,025 $ 2,328 $ – $ 381,353 $ 349,001 $ 1,630 $ – $ 350,631 Medium risk 21,141 2,003 – 23,144 19,126 1,610 – 20,736 High risk 1,838 6,122 – 7,960 1,582 4,927 – 6,509 Not rated (2) 53,947 1,390 – 55,337 54,247 1,220 – 55,467 Impaired – – 983 983 – – 682 682 455,951 11,843 983 468,777 423,956 9,387 682 434,025 Items not subject to impairment (3) 598 476 Total $ 469,375 $ 434,501 Loans outstanding – Personal Low risk $ 79,713 $ 1,739 $ – $ 81,452 $ 75,572 $ 1,676 $ – $ 77,248 Medium risk 6,423 2,870 – 9,293 5,587 2,915 – 8,502 High risk 576 2,211 – 2,787 477 2,088 – 2,565 Not rated (2) 9,904 332 – 10,236 9,982 157 – 10,139 Impaired – – 367 367 – – 280 280 Total $ 96,616 $ 7,152 $ 367 $ 104,135 $ 91,618 $ 6,836 $ 280 $ 98,734 Loans outstanding – Credit cards Low risk $ 16,932 $ 168 $ – $ 17,100 $ 16,331 $ 135 $ – $ 16,466 Medium risk 1,888 2,342 – 4,230 1,771 2,132 – 3,903 High risk 51 2,113 – 2,164 41 1,734 – 1,775 Not rated (2) 862 32 – 894 856 35 – 891 Total $ 19,733 $ 4,655 $ – $ 24,388 $ 18,999 $ 4,036 $ – $ 23,035 Loans outstanding – Small business Low risk $ 9,233 $ 879 $ – $ 10,112 $ 8,641 $ 920 $ – $ 9,561 Medium risk 2,412 986 – 3,398 2,238 936 – 3,174 High risk 141 839 – 980 99 592 – 691 Not rated (2) 8 – – 8 11 – – 11 Impaired – – 291 291 – – 244 244 Total $ 11,794 $ 2,704 $ 291 $ 14,789 $ 10,989 $ 2,448 $ 244 $ 13,681 Undrawn loan commitments – Retail Low risk $ 277,233 $ 794 $ – $ 278,027 $ 266,209 $ 610 $ – $ 266,819 Medium risk 10,211 367 – 10,578 10,759 298 – 11,057 High risk 786 503 – 1,289 956 434 – 1,390 Not rated (2) 7,366 187 – 7,553 6,686 138 – 6,824 Total $ 295,596 $ 1,851 $ – $ 297,447 $ 284,610 $ 1,480 $ – $ 286,090 Wholesale – Loans outstanding Investment grade $ 110,383 $ 1,724 $ – $ 112,107 $ 89,037 $ 416 $ – $ 89,453 Non-investment 173,627 23,301 – 196,928 156,211 19,210 – 175,421 Not rated (2) 12,741 738 – 13,479 10,968 238 – 11,206 Impaired – – 3,691 3,691 – – 2,498 2,498 296,751 25,763 3,691 326,205 256,216 19,864  2,498 278,578 Items not subject to impairment (3) 27,362 9,248 Total $ 353,567 $ 287,826 Undrawn loan commitments – Wholesale Investment grade $ 331,809 $ 300 $ – $ 332,109 $ 312,178 $ 186 $ – $ 312,364 Non-investment 149,957 11,382 – 161,339 130,994 13,947 – 144,941 Not rated (2) 4,232 13 – 4,245 4,176 – – 4,176 Total $ 485,998 $ 11,695 $ – $ 497,693 $  447,348 $  14,133 $ – $  461,481 (1) Includes $173 million of purchased credit-impaired loans acquired in the HSBC Canada transaction. (2) 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 (3) Items not subject to impairment are loans held at FVTPL. Loans past due but not impaired (1), (2) As at    April 30, 2024 October 31, 2023 (Millions of Canadian dollars) 30 to 89 days 90 days Total 30 to 89 days 90 days Total Retail $ 2,112 $ 255 $ 2,367 $ 1,840 $ 208 $ 2,048 Wholesale 1,133 9 1,142 1,823 49 1,872 $ 3,245 $ 264 $ 3,509 $ 3,663 $ 257 $   3,920 (1) Excludes loans less than 30 days past due as they are not generally representative of the borrowers’ ability to meet their payment obligations. (2) Amounts presented may include loans past due as a result of administrative processes, such as mortgage loans on which payments are restrained pending payout due to sale or refinancing, which can fluctuate based on business volumes. Past due loans arising from administrative processes are not representative of the borrowers’ ability to meet their payment obligations.

Significant acquisition and dis

Significant acquisition and disposition	6 Months Ended
	Apr. 30, 2024
Text Block [Abstract]
Significant acquisition and disposition	Note 6 Significant acquisition and disposition Acquisition HSBC Bank Canada On March 28, 2024, we completed the acquisition of HSBC Bank Canada (HSBC Canada). The acquisition of HSBC Canada (the HSBC Canada transaction) gives us the opportunity to enhance our existing businesses in line with our strategic goals and better positions us to be the bank of choice for commercial clients with international needs, newcomers to Canada and globally connected clients. HSBC Canada results have been consolidated from the closing date and are included in our Personal & Commercial Banking, Wealth Management and Capital Markets segments. Total consideration of $15.5 billion in cash included $13.5 billion for 100% of the common shares of HSBC Canada, $2.1 billion for the preferred shares and subordinated debt held directly or indirectly by HSBC Holdings plc, $(0.5) billion for the settlement of pre-existing relationships with HSBC Canada and $0.4 billion for an additional amount that accrued from August 30, 2023 to the closing date. This additional amount was calculated based on the $13.5 billion all-cash purchase price for the common shares of HSBC Canada and the Canadian Overnight Repo Rate Average. Relatedly, under a locked box mechanism, HSBC Canada’s earnings from June 30, 2022 to the closing date accrued to RBC and were reflected in the acquired net assets on closing. Based on the estimated fair values, our preliminary purchase price allocation assigns $108.1 billion to assets and $99.1 billion to liabilities on the acquisition date. Goodwill of $6.4 billion reflects the expected expense synergies from our Personal & Commercial Banking, Wealth Management and Capital Markets operations, expected growth of the platforms, and the ability to cross-sell products between segments. Goodwill is not expected to be deductible for tax purposes. The following table presents the estimated fair value of the assets acquired and liabilities assumed as at the acquisition date. The estimates for the fair values of the assets acquired and liabilities assumed may be retroactively adjusted to reflect new information obtained about facts and circumstances that existed as at the acquisition date during the measurement period. (Millions of Canadian dollars, except percentage amounts) Percentage of shares acquired 100 % Purchase consideration $  15,488 Fair value of identifiable assets acquired Cash and due from banks $ 2,772 Securities Trading 1,110 Investment 21,305 Loans (1) Retail (2) 35,353 Wholesale 39,408 Derivatives 3,365 Intangible assets (3) 2,402 Other (4) 2,405 Total fair value of identifiable assets acquired $  108,120 Fair value of identifiable liabilities assumed Deposits Personal 42,037 Business and government (2) 44,065 Bank 124 Obligations related to assets sold under repurchase agreements and securities loaned 5,664 Derivatives 3,541 Other (5) 3,639 Total fair value of identifiable liabilities assumed $ 99,070 Fair value of identifiable net assets acquired $ 9,050 Goodwill 6,438 Total purchase consideration $ 15,488 (1) The fair value of loans reflects estimates of incurred and expected future credit losses as at the acquisition date and interest rate premiums or discounts relative to prevailing market rates. As at March 28, 2024, the gross contractual value of the loans is $ 75,920 587 147 (2) Loans – Retail includes $ 1.7 1.7 (3) Intangible assets include $ 1,973 110 7 (4) Includes Assets purchased under reverse repurchase agreements and securities borrowed, Customers’ liability under acceptances, and Other assets. (5) Includes Acceptances, Obligations related to securities sold short, and Other liabilities. Since the acquisition date, the HSBC Canada transaction contributed revenue of $ 245 51 51 200 145 Assuming we acquired HSBC Canada on November 1, 2023, using the same fair value estimates and not reflecting any potential synergies, we estimate that RBC’s consolidated revenue and net income for the six months ended April 30, 2024 would be $ 28.9 8.0 RBC’s consolidated results include transaction and integration costs of $ 358 623 Disposition Wealth Management On December 1, 2023, we completed the previously announced sale of the RBC Investor Services ®

Deposits

Deposits	6 Months Ended
	Apr. 30, 2024
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Deposits	Note 7 Deposits    As at     April 30, 2024 October 31, 2023 (Millions of Canadian dollars) Demand Notice Term Total Demand (1) Notice (2) Term (3) Total Personal $ 198,437 $ 61,226 $ 240,219 $ 499,882 $ 186,530 $ 57,614 $ 197,802 $ 441,946 Business and government 350,716 18,616 425,602 794,934 316,200 19,056 409,819 745,075 Bank 8,865 655 23,267 32,787 7,996 769 35,901 44,666 $  558,018 $  80,497 $  689,088 $  1,327,603 $ 510,726 $ 77,439 $ 643,522 $ 1,231,687 Non-interest-bearing (4) Canada $ 145,770 $ 6,739 $ 181 $ 152,690 $ 132,994 $ 6,107 $ 168 $ 139,269 United States 36,917 – – 36,917 40,646 – – 40,646 Europe (5) 11 – – 11 17 – – 17 Other International 7,349 – – 7,349 7,265 – – 7,265 Interest-bearing (4) Canada 338,103 14,701 557,810 910,614 302,746 14,641 493,347 810,734 United States 19,916 58,106 73,057 151,079 16,210 55,895 78,837 150,942 Europe (5) 4,329 877 41,421 46,627 5,353 726 51,812 57,891 Other International 5,623 74 16,619 22,316 5,495 70 19,358 24,923 $ 558,018 $ 80,497 $ 689,088 $ 1,327,603 $  510,726 $  77,439 $  643,522 $  1,231,687 (1) Demand deposits are deposits for which we do not have the right to require notice of withdrawal, which include both savings and chequing accounts. (2) Notice deposits are deposits for which we can legally require notice of withdrawal. These deposits are primarily savings accounts. (3) Term deposits are deposits payable on a fixed date, and include term deposits, guaranteed investment certificates and similar instruments. (4) The geographical splits of the deposits are based on the point of origin of the deposits and where the revenue is recognized. As at April 30, 2024, deposits denominated in U.S. dollars, British pounds, Euro and other foreign currencies were $458 billion, $32 billion, $50 billion and $30 billion, respectively (October 31, 2023 – $445 billion, $34 billion, $49 billion and $32 billion, respectively). (5) Europe includes the United Kingdom and the Channel Islands. Contractual maturities of term deposits  As at    (Millions of Canadian dollars) April 30 2024 October 31 2023 Within 1 year: less than 3 months $ 183,636 $ 182,373 3 to 6 months 94,976 69,868 6 to 12 months 153,786 151,079 1 to 2 years 77,999 76,232 2 to 3 years 58,863 49,965 3 to 4 years 43,241 36,774 4 to 5 years 28,565 36,506 Over 5 years 48,022 40,725 $ 689,088 $ 643,522 Aggregate amount of term deposits in denominations of one hundred thousand dollars or more $ 619,000 $  586,000

Insurance and reinsurance

Insurance and reinsurance	6 Months Ended
	Apr. 30, 2024
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Insurance and reinsurance	Note 8 Insurance and reinsurance Insurance and reinsurance contracts by measurement components (1) The following table presents the measurement components of assets and liabilities for insurance contracts issued and reinsurance contracts held by estimates of present value of future cash flows, risk adjustment for non-financial    As at April 30, 2024 October 31, 2023 (Millions of Canadian dollars) Estimates of Risk non-financial CSM Total Estimates of Risk non-financial CSM Total Insurance contract assets (2) $ 1,929 $ (595 ) $ (549 ) $ 785 $ 1,790 $ (544 ) $ (565 ) $ 681 Insurance contract liabilities (3) Insurance contract liabilities for segregated funds $ (3,071 ) $ (19 ) $ (71 ) $ (3,161 ) $ (2,553 ) $ (15 ) $ (64 ) $ (2,632 ) Insurance contract liabilities excluding segregated funds (13,943 ) (1,978 ) (2,117 ) (18,038 ) (11,955 ) (2,308 ) (2,131 ) (16,394 ) $ (17,014 ) $ (1,997 ) $  (2,188 ) $  (21,199 ) $ (14,508 ) $ (2,323 ) $ (2,195 ) $ (19,026 ) Reinsurance contract held assets (2), (3) $ 391 $ 538 $ 731 $ 1,660 $ 327 $ 469 $    786 $    1,582 Reinsurance contract held liabilities (4) $ (68 ) $ 10 $ 26 $ (32 ) $ (42 ) $ 6 $ 18 $ (18 ) CSM for insurance contracts, net of reinsurance contracts held $ (1,980 ) $ (1,956 ) (1) Includes contracts measured using the GMM and VFA that have CSM and contracts measured using the PAA in which CSM is not applicable. (2) Presented in Other assets. (3) Insurance contract liabilities and reinsurance contract held assets primarily relate to balances for remaining coverage for future services on contracts measured using the GMM or VFA. (4) Presented in Other liabilities. Insurance service and insurance investment results The following table provides the composition of Insurance service result and Insurance investment result for insurance contracts issued and reinsurance contracts held. For the three months ended For the six months ended (Millions of Canadian dollars) April 30 2024 April 30 2023 (1) April 30 2024 April 30 2023 (1) Insurance service result Insurance revenue $ 1,247 $ 1,205 $ 2,452 $ 2,309 Insurance service expense (1,000 ) (930 ) (1,984 ) (1,783 ) Net income (expense) from reinsurance contracts held (44 ) (50 ) (78 ) (109 ) $ 203 $ 225 $ 390 $ 417 Insurance investment result Net investment income $ 86 $ 144 $ 2,104 $ 1,163 Insurance finance income (expense) (20 ) (167 ) (1,996 ) (1,301 ) Reinsurance finance income (expense) (7 ) 37 92 79 $ 59 $ 14 $ 200 $ (59 ) Insurance service and insurance investment results $ 262 $ 239 $ 590 $ 358 (1) The 2023 amounts may not be fully comparable to the current period as we were not managing our asset and liability portfolios under IFRS 17 and Net investment income was not restated for the reclassifications of certain eligible financial assets. Refer to Note 2 for further details.

Employee benefits - Pension and

Employee benefits - Pension and other post-employment benefits	6 Months Ended
	Apr. 30, 2024
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Employee benefits - Pension and other post-employment benefits	Note 9 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) April 30 2024 April 30 2023 April 30 2024 April 30 2023 Current service costs $ 47 $ 49 $ 8 $ 8 Net interest expense (income) (37 ) (40 ) 20 20 Remeasurements of other long-term benefits – – (1 ) 1 Administrative expense 4 3 – – Defined benefit pension expense 14 12 27 29 Defined contribution pension expense 98 76 – – $ 112 $ 88 $ 27 $ 29 For the six months ended Pension plans Other post-employment benefit plans (Millions of Canadian dollars) April 30 2024 April 30 2023 April 30 2024 April 30 2023 Current service costs $ 93 $ 98 $ 16 $ 16 Net interest expense (income) (75 ) (81 ) 40 39 Remeasurements of other long-term benefits – – 9 3 Administrative expense 8 6 – – Defined benefit pension expense 26 23 65 58 Defined contribution pension expense 204 161 – – $ 230 $ 184 $ 65 $ 58 Pension and other post-employment benefit remeasurements (1) For the three months ended Defined benefit pension plans Other post-employment benefit plans (Millions of Canadian dollars) April 30 2024 April 30 2023 April 30 2024 April 30 2023 Actuarial (gains) losses: Changes in financial assumptions (2) $ (548 ) $ 132 $ (50 ) $ 15 Experience adjustments – – (1 ) (2 ) Return on plan assets (excluding interest based on discount rate) 465 33 – – $ (83 ) $ 165 $ (51 ) $ 13 For the six months ended Defined benefit pension plans Other post-employment benefit plans (Millions of Canadian dollars) April 30 2024 April 30 2023 April 30 2024 April 30 2023 Actuarial (gains) losses: Changes in financial assumptions (2) $ 723 $ 904 $ 70 $ 90 Experience adjustments – – – (2 ) Return on plan assets (excluding interest based on discount rate) (1,004 ) (561 ) – – $ (281 ) $ 343 $ 70 $ 88 (1) Market based assumptions, including Changes in financial assumptions and Return on plan assets, are reviewed on a quarterly basis. All other assumptions are updated during our annual review of plan assumptions. (2) Changes in financial assumptions in our defined benefit pension plans primarily relate to changes in discount rates.

Income taxes

Income taxes	6 Months Ended
	Apr. 30, 2024
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Income taxes	Note 10 Income taxes Tax examinations and assessments During the second quarter of 2024, we received proposal letters (the Proposals) from the Canada Revenue Agency (CRA) in respect of the 2019 taxation year, which suggested that Royal Bank of Canada owes additional taxes of approximately $277 million as the CRA denied the deductibility of certain dividends. This amount represents the maximum additional taxes owing for that year. The Proposals are consistent with the previously received reassessments as described in Note 22 of our 2023 Annual Consolidated Financial Statements. It is possible that the CRA will reassess us for significant additional income taxes for subsequent years on the same basis. In all cases, we are confident that our tax filing position was appropriate and intend to defend ourselves vigorously. Pillar Two model rules The 2023 and 2024 Canadian Federal budgets reinforced the Government of Canada’s commitment to the Organisation for Economic Co-operation two-pillar % minimum tax on multinational enterprises (under the Pillar Two model rules), and the associated draft legislation for a Global Minimum Tax Act was first released by the Government on August 4, 2023. The timing of the enactment of these proposed rules in Canada remains uncertain, and the legislation remains subject to amendment prior to enactment. While the Pillar Two model rules are not yet substantively enacted in Canada, certain non-Canadian

Significant capital and funding

Significant capital and funding transactions	6 Months Ended
	Apr. 30, 2024
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Significant capital and funding transactions	Note 11 Significant capital and funding transactions Preferred shares and other equity instruments On November 7, 2023, we redeemed all 15 thousand of our issued and outstanding Non-Cumulative C-2 C-2 one-fortieth C-2 On January 25, 2024, we issued 750 thousand Non-Cumulative 5-Year 5-year Bank Act non-viability On April 24, 2024, we issued US$1,000 million of Limited Recourse Capital Notes Series 4 (LRCN Series 4) with recourse limited to assets (Trust Assets) held by a third-party trustee in a consolidated trust (Limited Recourse Trust). The Trust Assets consist of US$1,000 million of our First Preferred Shares, Series BV (Series BV Preferred Shares), issued concurrently with LRCN Series 4 at a price of US$1,000 per Series BV Preferred Share. The price per LRCN Series 4 note is US$1,000 and will bear interest paid quarterly at a fixed rate of 7.5% per annum until May 2, 2029 and thereafter at a rate per annum, reset every fifth year, equal to the U.S. Treasury Rate plus 2.887% until maturity on May 2, 2084. In the event of (i) non-payment of interest on any interest payment date, (ii) non-payment of the redemption price in case of a redemption of LRCN Series 4, (iii) non-payment of principal at the maturity of LRCN Series 4, or (iv) an event of default on the notes, noteholders will have recourse only to the Trust Assets and each noteholder will be entitled to receive its pro rata share of the Trust Assets. In such an event, the delivery of the Trust Assets will represent the full and complete extinguishment of our obligations under LRCN Series 4. LRCN Series 4 are redeemable on or prior to maturity to the extent we redeem Series BV Preferred Shares on certain redemption dates as set out in the terms of Series BV Preferred Shares and subject to the consent and approval of OSFI. The terms of Series BV Preferred Shares and LRCN Series 4 include NVCC provisions necessary for them to qualify as Tier 1 regulatory capital under Basel III. NVCC provisions require the conversion of the instrument into a variable number of common shares in the event that OSFI deems the Bank non-viable or a federal or provincial government in Canada publicly announces that the Bank has accepted or agreed to accept a capital injection. In such an event, LRCN Series 4 will be automatically redeemed and the redemption price will be satisfied by the delivery of the Trust Assets, which will consist of common shares pursuant to an automatic conversion of Series BV Preferred Shares. The terms of Series BV Preferred Shares include an automatic conversion formula with a conversion price based on the greater of: (i) a floor price of $ 5.00 and (ii) the current market price of our common shares based on the volume weighted average trading price of our common shares on the Toronto Stock Exchange. The number of common shares issued in respect of each Series BV Preferred Share will be determined by dividing the share value of Series BV Preferred Shares (including declared and unpaid dividends) by the conversion price. The number of common shares delivered to each noteholder will be based on such noteholder’s pro rata interest in the Trust Assets. LRCN Series 4 are compound instruments with both equity and liability features as payments of interest and principal in cash are made at our discretion. Non-payment of interest and principal in cash does not constitute an event of default and will trigger a delivery of Series BV Preferred Shares. The liability component of the notes has a nominal value and, as a result, the full proceeds received have been presented as equity. On May 24, 2024, we redeemed all million of our issued and outstanding Non-Cumulative 5-Year Rate Reset First Preferred Shares Series AZ at a price of $ Subordinated debentures On April 2, 2024, we issued $2,000 million of NVCC subordinated debentures. The notes bear interest at a fixed rate of 5.096% per annum until April 3, 2029, and at the Daily Compounded Canadian Overnight Repo Rate Average plus 1.56% thereafter until maturity on April 3, 2034. Common shares issued For the three months ended April 30, 2024 April 30, 2023 (Millions of Canadian dollars, except number of shares) Number of Amount Number of Amount Issued in connection with share-based compensation plans (1) 228 $ 22 235 $ 21 Issued in connection with dividend reinvestment plan (2) 5,715 740 4,604 621 5,943 $  762 4,839 $  642 For the six months ended April 30, 2024 April 30, 2023 (Millions of Canadian dollars, except number of shares) Number of Amount Number of Amount Issued in connection with share-based compensation plans (1) 628 $ 60 504 $ 45 Issued in connection with dividend reinvestment plan (2) 11,850 1,460 4,604 621 12,478 $  1,520 5,108 $  666 (1) Amounts include cash received for stock options exercised during the period and the fair value adjustment to stock options. (2) The requirements of our dividend reinvestment plan (DRIP) are satisfied through either open market share purchases or shares issued from treasury. During the three and six months ended April 30, 2024 our DRIP requirements were satisfied through shares issued from treasury. During the three months ended April 30, 2023 our DRIP requirements were satisfied through shares issued from treasury. During the three months ended January 31, 2023 our DRIP requirements were satisfied through open market share purchases.

Earnings per share

Earnings per share	6 Months Ended
	Apr. 30, 2024
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Earnings per share	Note 12 Earnings per share For the three months ended For the six months ended (Millions of Canadian dollars, except share and per share amounts) April 30 2024 April 30 2023 (Restated – Note 2) April 30 2024 April 30 2023 (Restated – Note 2) Basic earnings per share Net income $ 3,950 $ 3,680 $ 7,532 $ 6,813 Dividends on preferred shares and distributions on other equity (67 ) (67 ) (125 ) (111 ) Net income attributable to non-controlling (2 ) (1 ) (4 ) (3 ) Net income available to common shareholders $ 3,881 $ 3,612 $ 7,403 $ 6,699 Weighted average number of common shares (in thousands)  1,412,651  1,388,388  1,409,452  1,385,525 Basic earnings per share (in dollars) $ 2.75 $ 2.60 $ 5.25 $ 4.83 Diluted earnings per share Net income available to common shareholders $ 3,881 $ 3,612 $ 7,403 $ 6,699 Weighted average number of common shares (in thousands) 1,412,651 1,388,388 1,409,452 1,385,525 Stock options (1) 1,489 1,735 1,364 1,744 Issuable under other share-based compensation plans 26 26 26 26 Average number of diluted common shares (in thousands) 1,414,166 1,390,149 1,410,842 1,387,295 Diluted earnings per share (in dollars) $ 2.74 $ 2.60 $ 5.25 $ 4.83 (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 April 30, 2024, no outstanding options were excluded from the calculation of diluted earnings per share. For the six months ended April 30, 2024, an average of 1,060,719 outstanding options with an average exercise price of $131.64 were excluded from the calculation of diluted earnings per share. For the three and six months ended April 30, 2023, no outstanding options were excluded from the calculation of diluted earnings per share.

Legal and regulatory matters

Legal and regulatory matters	6 Months Ended
	Apr. 30, 2024
Text Block [Abstract]
Legal and regulatory matters	Note 13 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 though we do not believe that the ultimate resolution of any such matter will have a material effect on our consolidated financial condition. Our significant legal proceedings and regulatory matters are described in Note 25 of our audited 2023 Annual Consolidated Financial Statements and as updated below. Based on the facts currently known, except as may otherwise be noted, it is not possible at this time for us to predict the ultimate outcome of these proceedings or the timing of their resolution. London interbank offered rate (LIBOR) litigation On December 12, 2023, the settlement agreement resolving one of the LIBOR class actions brought on behalf of certain plaintiffs that purchased U.S. dollar LIBOR-based instruments was granted final court approval. Royal Bank of Canada remains a defendant in other LIBOR class actions. Royal Bank of Canada Trust Company (Bahamas) Limited proceedings On December 11, 2023, the U.S. Department of Labor published a technical correction to the prior one-year On March 5, 2024, the Court of Appeal rendered a judgment of conviction (the Conviction) against Royal Bank of Canada Trust Company (Bahamas) Limited (RBC Bahamas) and the other parties. RBC Bahamas was ordered by the Court of Appeal to pay a fine of € in connection with the Conviction. In addition, the Court of Appeal ordered that certain of those convicted of complicity in the matter, including RBC Bahamas, are jointly liable for the allegedly unpaid inheritance taxes owing, plus penalties and interest (such aggregate amount will be determined in separate proceedings before the tax courts, to which RBC Bahamas is not a party). RBC Bahamas believes that its actions did not violate French law, and has appealed the Conviction to the French Supreme Court. Under French law, upon the filing of an appeal by RBC Bahamas, the Conviction, as well as its effects (fine and joint liability) were stayed pending the outcome of the appeal. As previously disclosed, in 2016 Royal Bank of Canada was granted an exemption by the U.S. Department of Labor that allows Royal Bank of Canada and its current and future affiliates to continue to qualify for the Qualified Professional Asset Manager (QPAM) exemption under the Employee Retirement Income Security Act despite any potential conviction of RBC Bahamas in the French proceeding for a temporary one-year period from the date of conviction. As a result of the Conviction, the temporary one-year period commenced on March 5, 2024. Royal Bank of Canada is seeking longer term relief from the Department of Labor.

Results by business segment

Results by business segment	6 Months Ended
	Apr. 30, 2024
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Results by business segment	Note 14 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. For the three months ended April 30, 2024 (Millions of Canadian dollars) Personal & Wealth Insurance Capital Corporate Total Net interest income (3) $ 4,400 $ 1,136 $ – $ 764 $ 323 $ 6,623 Non-interest 1,590 3,482 298 2,390 (229 ) 7,531 Total revenue 5,990 4,618 298 3,154 94 14,154 Provision for credit losses 754 27 – 137 2 920 Non-interest 2,428 3,653 69 1,722 436 8,308 Income (loss) before income taxes 2,808 938 229 1,295 (344 ) 4,926 Income taxes (recoveries) 757 169 52 33 (35 ) 976 Net income $ 2,051 $ 769 $ 177 $ 1,262 $ (309 ) $ 3,950 Non-interest Depreciation and amortization $ 280 $ 309 $ (1 ) $ 130 $ (7 ) $ 711 For the three months ended April 30, 2023 (Restated – Note 2) (Millions of Canadian dollars) Personal & Wealth Insurance Capital Corporate Total Net interest income (3) $ 3,817 $ 1,089 $ – $ 951 $ 242 $ 6,099 Non-interest 1,481 3,305 272 1,711 (423 ) 6,346 Total revenue 5,298 4,394 272 2,662 (181 ) 12,445 Provision for credit losses 422 28 – 150 – 600 Non-interest 2,257 3,447 65 1,510 121 7,400 Income (loss) before income taxes 2,619 919 207 1,002 (302 ) 4,445 Income taxes (recoveries) 704 200 37 40 (216 ) 765 Net income $ 1,915 $ 719 $ 170 $ 962 $ (86 ) $ 3,680 Non-interest Depreciation and amortization $ 240 $ 312 $ 16 $ 128 $ – $ 696 Royal Bank of Canada For the six months ended April 30, 2024 (Millions of Canadian dollars) Personal & Wealth Insurance Capital Corporate Total Net interest income (3) $ 8,616 $ 2,286 $ – $ 1,425 $ 628 $ 12,955 Non-interest 3,168 6,869 661 4,680 (694 ) 14,684 Total revenue 11,784 9,155 661 6,105 (66 ) 27,639 Provision for credit losses 1,388 38 1 304 2 1,733 Non-interest 4,767 7,421 140 3,364 940 16,632 Income (loss) before income taxes 5,629 1,696 520 2,437 (1,008 ) 9,274 Income taxes (recoveries) 1,517 321 123 21 (240 ) 1,742 Net income $ 4,112 $ 1,375 $ 397 $ 2,416 $ (768 ) $ 7,532 Non-interest Depreciation and amortization $ 515 $ 620 $ 3 $ 254 $ (9 ) $ 1,383 For the six months ended April 30, 2023 (Restated – Note 2) (Millions of Canadian dollars) Personal & Wealth Insurance Capital Corporate Total Net interest income (3) $ 7,824 $ 2,305 $ – $ 1,743 $ 429 $ 12,301 Non-interest 3,015 6,649 426 4,065 (654 ) 13,501 Total revenue 10,839 8,954 426 5,808 (225 ) 25,802 Provision for credit losses 823 94 – 215 – 1,132 Non-interest 4,486 6,881 135 3,211 276 14,989 Income (loss) before income taxes 5,530 1,979 291 2,382 (501 ) 9,681 Income taxes (recoveries) 1,489 430 54 179 716 2,868 Net income $ 4,041 $ 1,549 $ 237 $ 2,203 $ (1,217 ) $ 6,813 Non-interest Depreciation and amortization $ 481 $ 613 $ 24 $ 255 $ – $ 1,373 (1) On March 28, 2024, we completed the HSBC Canada transaction. HSBC Canada results have been consolidated from the closing date, and are included in our Personal & Commercial Banking, Wealth Management and Capital Markets segments. For further details, refer to Note 6. (2) Taxable equivalent basis. (3) Interest revenue is reported net of interest expense as we rely primarily on net interest income as a performance measure. (4) Amounts for the three months and six months ended April 30, 2023 have been revised from those previously presented. (5) Effective the fourth quarter of 2023, we moved the Investor Services lending business from our Wealth Management segment to our Capital Markets segment. Therefore, comparative results for the three months and six months ended April 30, 2023 have been revised from those previously presented. Total assets and total liabilities by business segment As at April 30, 2024 (Millions of Canadian dollars) Personal & Wealth Insurance Capital Markets Corporate Total Total assets $ 729,204 $ 176,140 $ 27,715 $  1,011,787 $ 86,204 $  2,031,050 Total liabilities 729,106 174,502 27,681 1,011,172 (33,015 ) 1,909,446 As at October 31, 2023 (Restated – Note 2) (Millions of Canadian dollars) Personal & Wealth Management Insurance Capital Markets Corporate Support Total Total assets $ 636,046 $ 179,227 $ 24,130 $ 1,100,172 $ 66,956 $ 2,006,531 Total liabilities 635,952 177,389 24,895 1,099,893 (46,745 ) 1,891,384 (1) Includes the impact of the HSBC Canada transaction. Refer to Note 6 for further details.

Capital management

Capital management	6 Months Ended
	Apr. 30, 2024
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Capital management	Note 15 Capital management Regulatory capital and capital ratios OSFI formally establishes risk-based capital and leverage minimums and Total Loss Absorbing Capacity (TLAC) ratios for deposit-taking institutions in Canada. During the second  As at  (Millions of Canadian dollars, except percentage amounts and as otherwise noted) April 30 2024 October 31 2023 Capital (1), (2) CET1 capital $ 83,497 $ 86,611 Tier 1 capital 92,444 93,904 Total capital 105,353 104,952 Risk-weighted assets (RWA) used in calculation of capital ratios (1), (2) Credit risk $ 531,381 $ 475,842 Market risk 35,156 40,498 Operational risk 87,165 79,883 Total RWA $ 653,702 $ 596,223 Capital ratios and Leverage ratio (1), (2) CET1 ratio 12.8% 14.5% Tier 1 capital ratio 14.1% 15.7% Total capital ratio 16.1% 17.6% Leverage ratio 4.2% 4.3% Leverage ratio exposure $ 2,219,019 $  2,179,590 TLAC available and ratios (1), (3) TLAC available $  179,902 $ 184,916 TLAC ratio 27.5% 31.0% TLAC leverage ratio 8.1% 8.5% (1) As prior period restatements are not required by OSFI, there was no impact from the adoption of IFRS 17 on regulatory capital, RWA, capital ratios, leverage ratio, TLAC available and TLAC ratios for periods prior to November 1, 2023. (2) 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. Both the CAR guideline and LR guideline are based on the Basel III framework. The period ended October 31, 2023 reflects our adoption of the revised CAR and LR guidelines that came into effect in Q2 2023, as further updated on October 20, 2023 as part of OSFI’s implementation of the Basel III reforms. The period ended April 30, 2024 also reflects our adoption of the revised market risk and CVA frameworks that came into effect on November 1, 2023. (3) 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.

Summary of significant accoun_2

Summary of significant accounting policies, estimates and judgments (Policies)	6 Months Ended
	Apr. 30, 2024
Statement [Line Items]
Changes in accounting policies	Changes in accounting policies During the first quarter of 2024, we adopted IFRS 17 Insurance Contracts Insurance Contracts As permitted by the transition provisions of IFRS 17, we reclassified certain financial assets between fair value classification categories at the date of initial application of IFRS 17 as described below. The reclassifications resulted in no adjustments to carrying amounts of financial assets as at November 1, 2023. Retained earnings and Other components of equity as at November 1, 2023 were adjusted as a result with no net impact to total equity. We elected not to restate comparative period results for these changes and accordingly, comparative period information for the impacted financial assets prior to November 1, 2023 is presented in accordance with our previous classifications. Insurance and reinsurance contracts Contracts under which we accept significant insurance risk from a policyholder by agreeing to compensate the policyholder if a specified uncertain future event adversely affects the policyholder are insurance contracts, which includes reinsurance contracts issued. Contracts under which we transfer significant insurance risk to a reinsurer that compensates us for claims relating to underlying insurance contracts issued by us are reinsurance contracts held, and are accounted for separately from the underlying insurance contracts to which they relate. Embedded derivatives, investment components and promises to provide non-insurance • For insurance contracts with direct participating features (applicable primarily to our segregated fund insurance contracts), the variable fee approach (VFA) is applied. • For insurance contracts and reinsurance contracts held with a short duration of one year or less (applicable primarily to our creditor reinsurance contracts issued, group life and health insurance contracts and travel insurance contracts), the premium allocation approach (PAA) is applied. • The general measurement method (GMM) is applied to all remaining contracts. Under the GMM and VFA, the carrying amount of a group of insurance or reinsurance contracts is measured as the sum of the fulfilment cash flows and the contractual service margin (CSM). The carrying amount is also the sum of the balance for remaining coverage and the balance for incurred claims. The balance for remaining coverage comprises the fulfilment cash flows that relate to services that will be provided under the contracts in future periods and any remaining CSM at that date. The balance for incurred claims includes the fulfilment cash flows for incurred claims and expenses that have not yet been paid, including claims that have been incurred but not yet reported. The fulfilment cash flows consist of the present value of future cash flows and a risk adjustment for non-financial non-financial non-financial Non-interest Non-interest Discount rates used reflect the time value of money and are based on the characteristics of the insurance and reinsurance contracts. Cash flows that vary based on the returns on underlying items are discounted at rates reflecting that variability. For cash flows that do not vary based on the returns on underlying items, we predominantly apply the top-down bottom-up For insurance contracts, the CSM represents the unearned profit (net inflows) for providing insurance coverage. If there is a net outflow at the initial recognition of the group, the group is onerous and the net outflow is recognized in Non-interest locked-in locked-in Non-interest Under the PAA, the liability for remaining coverage for each group is measured as the premiums received less insurance revenue recognized for services provided, while the liability for incurred claims is measured as the fulfillment cash flows for incurred claims. Losses from the recognition of onerous groups of insurance contracts, regardless of the measurement model applied, are recognized in Non-interest The insurance and reinsurance contract balances are remeasured at the end of each reporting period. We have elected to update the accounting estimates made in the previous interim period when remeasuring the insurance and reinsurance contracts in subsequent interim and annual reporting periods. An insurance or reinsurance contract is derecognized when it is extinguished or modified such that the modification results in a change in the measurement model, a substantially different contract boundary or a change in the scope of the applicable standard for measuring a component of the contract. Insurance service result comprises Insurance revenue less Insurance service expense and Net income (expense) from reinsurance contracts held. • Insurance revenue is recognized as we provide insurance contract services under the groups of insurance contracts. For contracts measured using the PAA, the insurance revenue is generally recognized based on allocating expected premium receipts over the passage of time. For contracts measured using the GMM and VFA, insurance revenue represents the amount of consideration we expect to be entitled to in exchange for services in the period, which includes expected claims and expenses directly attributable to fulfilling insurance contracts (excluding any investment components), release of the risk adjustment for the period, CSM amortization to reflect services provided in the period, an allocation of premiums that relates to recovering insurance acquisition expenses and experience adjustments for premium receipts relating to current or past services. • Insurance service expense arising from insurance contracts include incurred claims and other directly attributable expenses in the current period (excluding investment components), amortization and impairment losses relating to insurance acquisition cash flows where applicable, changes relating to past or current services and changes in loss components of onerous groups of contracts. • Net income (expense) from reinsurance contracts held represents the amounts recovered from the reinsurers less the allocation of premiums paid on reinsurance contracts held. Insurance investment result comprises Net investment income, Net insurance finance income (expense) and Net reinsurance finance income (expense) from reinsurance contracts held. • Net investment income primarily comprises interest and dividend income and net gains (losses) on financial assets, including segregated fund assets, and derivatives relating to the Insurance segment. Financial assets supporting the Insurance segment are primarily measured at FVTPL and FVOCI. • Insurance and reinsurance finance income (expense) represents the net effect of and changes in the time value of money (including the time value of money relating to risk adjustment on non-financial respectively Impact of IFRS 17 transition excluding the impact of reclassifications of financial assets Upon the adoption of IFRS 17, we applied IFRS 17 retrospectively by adjusting our Consolidated Balance Sheets as at November 1, 2022 and restating the comparative information for the year ended October 31, 2023. The full retrospective approach was applied for all insurance and reinsurance contracts unless it was impracticable to do so. The full retrospective approach was applied to all contracts measured using the PAA and all new contracts issued on and after November 1, 2022 measured using the GMM and VFA as if IFRS 17 had always been applied. Due to data availability and the inability to use hindsight, the fair value approach was applied to contracts issued before November 1, 2022 that were measured under the GMM and VFA. Under the fair value approach, each portfolio comprises only one group, and the CSM was calculated as the difference between the fair value of a group of contracts and the fulfilment cash flows using reasonable and supportable information available at the transition date. To determine the fair value of a group of contracts, the requirements of IFRS 13 Fair Value Measurement non-financial The adoption of IFRS 17 resulted in a reduction in Retained earnings of $2.4 billion, net of taxes, as at November 1, 2022. This is attributable to the establishment of the CSM and other remeasurement changes to insurance and reinsurance contracts and related tax effects. The CSM of all insurance contracts net of reinsurance contracts held as at November 1, 2022 was $1.8 billion. The following details the selected balances and totals impacted on our Consolidated Balance Sheets as at November 1, 2022: (Millions of Canadian dollars) As at November 1, 2022 Transition As at November 1, 2022 Assets Segregated fund net assets (1) $ 2,638 $ (2,638 ) $ – Other Other assets (2) 80,300 4,261 84,561 Total assets $ 1,917,219 $ 1,623 $ 1,918,842 Liabilities Segregated fund net liabilities (3) $ 2,638 $ (2,638 ) $ – Other Insurance claims and policy benefit liabilities (4) 11,511 (11,511 ) – Insurance contract liabilities (4) – 18,226 18,226 Other liabilities (5) 95,235 (95 ) 95,140 Total liabilities $ 1,809,044 $ 3,982 $ 1,813,026 Total equity 108,175 (2,359 ) 105,816 Total liabilities and equity $  1,917,219 $    1,623 $  1,918,842 (1) Segregated fund net assets are now presented within Other assets. (2) The increase is primarily attributable to the inclusion of segregated fund net assets, the increase in insurance contract assets, reinsurance contract held assets and the tax effects of the IFRS 17 transition adjustment. (3) Segregated fund insurance contracts are now presented within Insurance contract liabilities. (4) Insurance claims and policy benefit liabilities measured under IFRS 4 is replaced with Insurance contract liabilities measured under IFRS 17. The increase in these balances is attributable to presentation changes and remeasurement impacts including the establishment of the CSM for in-force (5) Certain liabilities that were previously presented in Other liabilities are now included in the measurement of insurance contracts or reinsurance contracts held. Impact of reclassifications of financial assets from IFRS 17 transition As permitted by IFRS 17, we reclassified certain eligible financial assets held in respect of activities that relate to insurance contracts upon the adoption of IFRS 17. The changes were primarily a result of changes to the business models based on facts and circumstances that existed as at November 1, 2023, the date of the initial application of IFRS 17. We have applied these changes retrospectively by adjusting our Consolidated Balance Sheet as at November 1, 2023 with no restatement of comparative information. The following were reclassified as at November 1, 2 023 • $8.3 billion of securities and $2.0 billion of loans from designated as FVTPL to classified as FVTPL; • $0.5 billion of securities and $0.3 billion of loans from designated as FVTPL to classified as FVOCI; • $1.7 billion of securities from classified as FVOCI to classified as FVTPL; and • $0.3 billion of securities from classified as FVTPL to designated as FVOCI. The impacts of the reclassifications resulted in an increase in Other components of equity by $656 million, net of taxes, and a decrease in Retained earnings by the same amount, with no net impact to our total equity nor the carrying amounts of those assets. Future changes in accounting policy and disclosure IFRS 18 Presentation and Disclosure in Financial Statements (IFRS 18) In April 2024, the IASB issued IFRS 18 which sets out requirements for the presentation and disclosure of information in the financial statements. IFRS 18 will replace IAS 1 Presentation of Financial Statements

Summary of significant accoun_3

Summary of significant accounting policies, estimates and judgments (Tables)	6 Months Ended
	Apr. 30, 2024
Text Block [Abstract]
Disclosure of Initial Application of Standards or Interpretations	The following details the selected balances and totals impacted on our Consolidated Balance Sheets as at November 1, 2022: (Millions of Canadian dollars) As at November 1, 2022 Transition As at November 1, 2022 Assets Segregated fund net assets (1) $ 2,638 $ (2,638 ) $ – Other Other assets (2) 80,300 4,261 84,561 Total assets $ 1,917,219 $ 1,623 $ 1,918,842 Liabilities Segregated fund net liabilities (3) $ 2,638 $ (2,638 ) $ – Other Insurance claims and policy benefit liabilities (4) 11,511 (11,511 ) – Insurance contract liabilities (4) – 18,226 18,226 Other liabilities (5) 95,235 (95 ) 95,140 Total liabilities $ 1,809,044 $ 3,982 $ 1,813,026 Total equity 108,175 (2,359 ) 105,816 Total liabilities and equity $  1,917,219 $    1,623 $  1,918,842 (1) Segregated fund net assets are now presented within Other assets. (2) The increase is primarily attributable to the inclusion of segregated fund net assets, the increase in insurance contract assets, reinsurance contract held assets and the tax effects of the IFRS 17 transition adjustment. (3) Segregated fund insurance contracts are now presented within Insurance contract liabilities. (4) Insurance claims and policy benefit liabilities measured under IFRS 4 is replaced with Insurance contract liabilities measured under IFRS 17. The increase in these balances is attributable to presentation changes and remeasurement impacts including the establishment of the CSM for in-force (5) Certain liabilities that were previously presented in Other liabilities are now included in the measurement of insurance contracts or reinsurance contracts held.

Fair value of financial instr_2

Fair value of financial instruments (Tables)	6 Months Ended
	Apr. 30, 2024
Text Block [Abstract]
Summary of Comparison of Carrying and Fair Values for Each Classification of Financial Instrument	As at April 30, 2024 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 $ – $ 30,259 $ – $ – $ 8,200 $ 8,200 $ 38,459 $ 38,459 Securities Trading 172,641 925 – – – – 173,566 173,566 Investment, net of applicable allowance – – 138,417 1,171 99,399 93,443 238,987 233,031 172,641 925 138,417 1,171 99,399 93,443 412,553 406,597 Assets purchased under reverse repurchase agreements and securities borrowed 246,911 – – – 54,886 54,886 301,797 301,797 Loans, net of applicable allowance Retail 598 – 538 – 608,407 597,432 609,543 598,568 Wholesale 25,524 1,838 947 – 322,687 317,447 350,996 345,756 26,122 1,838 1,485 – 931,094 914,879 960,539 944,324 Other Derivatives 130,199 – – – – – 130,199 130,199 Other assets (1) 10,159 8 – – 54,908 54,908 65,075 65,075 Financial liabilities Deposits Personal $ 258 $ 28,701 $ 470,923 $ 470,299 $ 499,882 $ 499,258 Business and government (2) 205 148,861 645,868 646,013 794,934 795,079 Bank (3) – 4,341 28,446 28,447 32,787 32,788 463 181,903 1,145,237 1,144,759 1,327,603 1,327,125 Other Obligations related to securities sold short 31,487 – – – 31,487 31,487 Obligations related to assets sold under repurchase agreements and securities loaned – 246,702 33,019 33,019 279,721 279,721 Derivatives 136,568 – – – 136,568 136,568 Other liabilities (4) (1,280 ) 2 76,004 76,223 74,726 74,945 Subordinated debentures – – 13,464 13,484 13,464 13,484 As at October 31, 2023 (Restated – Note 2) 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 $ – $ 60,856 $ – $ – $ 10,230 $ 10,230 $ 71,086 $ 71,086 Securities Trading 180,651 9,500 – – – – 190,151 190,151 Investment, net of applicable – – 127,624  842 91,113 83,667 219,579 212,133 180,651 9,500  127,624 842 91,113 83,667 409,730 402,284 Assets purchased under reverse repurchase agreements and  285,869 – – – 54,322 54,322 340,191 340,191 Loans, net of applicable allowance Retail 114 362 280 – 566,376 542,480 567,132 543,236 Wholesale 5,629 3,619 597 – 275,796 268,843 285,641 278,688 5,743 3,981 877 – 842,172 811,323 852,773 821,924 Other Derivatives 142,450 – – – – – 142,450 142,450 Other assets (1) 7,579 5 – – 68,450 68,450 76,034 76,034 Financial liabilities Deposits Personal $ 109 $ 26,702 $ 415,135 $ 412,886 $ 441,946 $ 439,697 Business and government (2) 174 137,454 607,447 605,260 745,075 742,888 Bank (3) – 11,462 33,204 33,160 44,666 44,622 283 175,618  1,055,786  1,051,306  1,231,687  1,227,207 Other Obligations related to securities sold short 33,651 – – – 33,651 33,651 Obligations related to assets sold under repurchase agreements and securities loaned –  298,679 36,559 36,559 335,238 335,238 Derivatives 142,629 – – – 142,629 142,629 Other liabilities (4) (937 ) 11 92,539 92,441 91,613 91,515 Subordinated debentures – – 11,386 11,213 11,386 11,213 (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    April 30, 2024 October 31, 2023 (Restated – Note 2) 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 $    – $  30,259 $    – $     $ 30,259 $   – $ 60,856 $   – $    $ 60,856 Securities Trading Debt issued or guaranteed by: Canadian government (1) Federal 16,894 2,133 – 19,027 26,675 2,581 – 29,256 Provincial and municipal – 15,795 – 15,795 – 16,389 – 16,389 U.S. federal, state, municipal and (1), (2) 1,570 33,957 – 35,527 2,249 50,439 – 52,688 Other OECD government (3) 2,345 2,002 – 4,347 2,055 2,577 – 4,632 Mortgage-backed securities (1) – 1 – 1 – 2 – 2 Asset-backed securities Non-CDO (4) – 1,200 – 1,200 – 1,245 – 1,245 Corporate debt and other debt – 24,011 – 24,011 – 22,615 – 22,615 Equities 68,988 2,278 2,392 73,658 58,826 2,232 2,266 63,324 89,797 81,377 2,392 173,566 89,805 98,080 2,266 190,151 Investment Debt issued or guaranteed by: Canadian government (1) Federal 4,408 10,312 – 14,720 2,731 3,528 – 6,259 Provincial and municipal – 3,542 – 3,542 – 2,748 – 2,748 U.S. federal, state, municipal and agencies (1) 865 70,701 – 71,566 275 73,020 – 73,295 Other OECD government 2,007 7,684 – 9,691 – 6,192 – 6,192 Mortgage-backed securities (1) – 2,454 30 2,484 – 2,672 29 2,701 Asset-backed securities CDO – 8,532 – 8,532 – 8,265 – 8,265 Non-CDO – 494 – 494 – 441 – 441 Corporate debt and other debt – 27,244 144 27,388 – 27,574 149 27,723 Equities 391 304 476 1,171 38 338 466 842 7,671 131,267 650 139,588 3,044 124,778 644 128,466 Assets purchased under reverse repurchase agreements and securities borrowed – 246,911 – 246,911 – 285,869 – 285,869 Loans – 27,608 1,837 29,445 – 8,742 1,859 10,601 Other Derivatives Interest rate contracts – 33,524 257 33,781 – 39,243 290 39,533 Foreign exchange contracts – 80,109 19 80,128 – 89,644 4 89,648 Credit derivatives – 242 – 242 – 224 – 224 Other contracts 2,577 16,216 22 18,815 2,352 13,927 111 16,390 Valuation adjustments – (1,296 ) 2 (1,294 ) – (1,805 ) 4 (1,801 ) Total gross derivatives 2,577 128,795 300 131,672 2,352 141,233 409 143,994 Netting adjustments (1,473 ) (1,473 ) (1,544 ) (1,544 ) Total derivatives 130,199 142,450 Other assets 5,001 5,157 9 10,167 4,152 3,421 11 7,584 $  105,046 $  651,374 $  5,188 $ (1,473 ) $  760,135 $  99,353 $  722,979 $  5,189 $  (1,544 ) $  825,977 Financial liabilities Deposits Personal $ – $ 28,326 $ 633 $ $ 28,959 $ – $ 26,428 $ 383 $ $ 26,811 Business and government – 149,066 – 149,066 – 137,628 – 137,628 Bank – 4,341 – 4,341 – 11,462 – 11,462 Other Obligations related to securities sold short 13,549 17,938 – 31,487 14,391 19,260 – 33,651 Obligations related to assets sold under repurchase agreements and securities loaned – 246,702 – 246,702 – 298,679 – 298,679 Derivatives Interest rate contracts – 34,411 904 35,315 – 41,249 952 42,201 Foreign exchange contracts – 72,939 46 72,985 – 81,750 53 81,803 Credit derivatives – 209 – 209 – 176 – 176 Other contracts 2,982 26,779 320 30,081 3,119 17,306 549 20,974 Valuation adjustments – (557 ) 8 (549 ) – (982 ) 1 (981 ) Total gross derivatives 2,982 133,781 1,278 138,041 3,119 139,499 1,555 144,173 Netting adjustments (1,473 ) (1,473 ) (1,544 ) (1,544 ) Total derivatives 136,568 142,629 Other liabilities 451 (1,729 ) – (1,278 ) 370 (1,296 ) – (926 ) $ 16,982 $  578,425 $ 1,911 $ (1,473 ) $ 595,845 $ 17,880 $ 631,660 $ 1,938 $ (1,544 ) $ 649,934 (1) As at April 30, 2024, residential and commercial mortgage-backed securities (MBS) included in all fair value levels of trading securities were $14,233 million and $nil (October 31, 2023 – $14,345 million and $nil), respectively, and in all fair value levels of Investment securities were $24,951 million and $2,324 million (October 31, 2023 – $24,365 million and $2,618 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 April 30, 2024 (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 $ – $ – $ – $ – $ – $ – $ – $ – $ – Asset-backed securities Non-CDO – – – – – – – – – Corporate debt and other debt – – – – – – – – – Equities 2,286 (36 ) 28 131 (16 ) – (1 ) 2,392 (12 ) 2,286 (36 ) 28 131 (16 ) – (1 ) 2,392 (12 ) Investment Mortgage-backed securities 30 – – – – – – 30 n.a. Corporate debt and other debt 148 – 1 – (5 ) – – 144 n.a. Equities 462 – 9 3 – 2 – 476 n.a. 640 – 10 3 (5 ) 2 – 650 n.a. Loans 1,815 (8 ) 12 202 (47 ) 3 (140 ) 1,837 (4 ) Other Net derivative balances (3) Interest rate contracts (535 ) (77 ) – (26 ) (3 ) (5 ) (1 ) (647 ) (62 ) Foreign exchange contracts (49 ) 10 4 10 (2 ) 2 (2 ) (27 ) 13 Other contracts (349 ) 8 (8 ) (33 ) 3 (79 ) 160 (298 ) – Valuation adjustments 4 – – (2 ) (8 ) – – (6 ) – Other assets 10 – – – (1 ) – – 9 – $ 3,822 $ (103 ) $ 46 $ 285 $ (79 ) $ (77 ) $ 16 $ 3,910 $ (65 ) Liabilities Deposits $ (429 ) $ (4 ) $ (2 ) $ (235 ) $ 25 $ (89 ) $ 101 $ (633 ) $ 6 $ (429 ) $ (4 ) $ (2 ) $ (235 ) $ 25 $ (89 ) $ 101 $ (633 ) $ 6 For the three months ended April 30, 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 $ – $ – $ – $ – $ – $ – $ – $ – $ – Asset-backed securities Non-CDO – – – – – – – – – Corporate debt and other debt – – – 2 – 17 – 19 – Equities 2,106 (108 ) 19 171 (12 ) 1 – 2,177 (87 ) 2,106 (108 ) 19 173 (12 ) 18 – 2,196 (87 ) Investment Mortgage-backed securities 28 – (2 ) 1 – – – 27 n.a. Corporate debt and other debt 149 – 8 – (7 ) – – 150 n.a. Equities 420 – 16 – – – – 436 n.a. 597 – 22 1 (7 ) – – 613 n.a. Loans 2,597 26 30 46 (261 ) – (28 ) 2,410 27 Other Net derivative balances (3) Interest rate contracts (654 ) (1 ) – 12 2 5 (2 ) (638 ) (4 ) Foreign exchange contracts (63 ) (4 ) 3 (3 ) – – 11 (56 ) (24 ) Other contracts (547 ) 92 (7 ) (30 ) 4 (28 ) 103 (413 ) 21 Valuation adjustments 17 – – – (1 ) – – 16 – Other assets 13 – – – – – – 13 – $ 4,066 $ 5 $ 67 $ 199 $ (275 ) $ (5 ) $ 84 $ 4,141 $ (67 ) Liabilities Deposits $ (250 ) $ (7 ) $ (1 ) $ (42 ) $ 4 $ (17 ) $ 63 $ (250 ) $ (4 ) $ (250 ) $ (7 ) $ (1 ) $ (42 ) $ 4 $ (17 ) $ 63 $ (250 ) $ (4 ) For the six months ended April 30, 2024 (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 $ – $ – $ – $ – $ – $ – $ – $ – $ – Asset-backed securities Non-CDO – – – – – – – – – Corporate debt and other debt – – – – – – – – – Equities 2,266 (54 ) (8 ) 229 (40 ) – (1 ) 2,392 (8 ) 2,266 (54 ) (8 ) 229 (40 ) – (1 ) 2,392 (8 ) Investment Mortgage-backed securities 29 – 1 – – – – 30 n.a. Corporate debt and other debt 149 – 4 – (9 ) – – 144 n.a. Equities 466 – 5 3 – 2 – 476 n.a. 644 – 10 3 (9 ) 2 – 650 n.a. Loans 1,859 (54 ) 4 367 (240 ) 41 (140 ) 1,837 (50 ) Other Net derivative balances (3) Interest rate contracts (662 ) 3 – (14 ) 13 12 1 (647 ) 17 Foreign exchange contracts (49 ) (1 ) 5 15 3 2 (2 ) (27 ) 3 Other contracts (438 ) (115 ) 6 (48 ) 1 (86 ) 382 (298 ) (64 ) Valuation adjustments 3 – – (1 ) (8 ) – – (6 ) – Other assets 11 – – – (2 ) – – 9 – $ 3,634 $ (221 ) $ 17 $ 551 $ (282 ) $ (29 ) $ 240 $ 3,910 $ (102 ) Liabilities Deposits $ (383 ) $ (51 ) $ 1 $ (357 ) $ 38 $ (90 ) $ 209 $ (633 ) $ (28 ) $ (383 ) $ (51 ) $ 1 $ (357 ) $ 38 $ (90 ) $ 209 $ (633 ) $ (28 ) For the six months ended April 30, 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 – – 2 – 17 (7 ) 19 – Equities 1,874 (122 ) (6 ) 421 (32 ) 42 – 2,177 (111 ) 1,887 (122 ) (6 ) 423 (38 ) 59 (7 ) 2,196 (111 ) Investment Mortgage-backed securities 28 – (2 ) 1 – – – 27 n.a. Corporate debt and other debt 151 – 7 – (8 ) – – 150 n.a. Equities 397 – 40 – (1 ) – – 436 n.a. 576 – 45 1 (9 ) – – 613 n.a. Loans 1,692 (26 ) 23 1,239 (381 ) 28 (165 ) 2,410 3 Other Net derivative balances (3) Interest rate contracts (859 ) 4 5 (8 ) 175 23 22 (638 ) 9 Foreign exchange contracts (132 ) 1 11 1 37 – 26 (56 ) (4 ) Other contracts (785 ) 37 10 (38 ) 66 (59 ) 356 (413 ) 30 Valuation adjustments 53 – – – (37 ) – – 16 – Other assets 15 – – – (2 ) – – 13 – $ 2,447 $ (106 ) $ 88 $ 1,618 $ (189 ) $ 51 $ 232 $ 4,141 $ (73 ) Liabilities Deposits $ (241 ) $ (27 ) $ – $ (77 ) $ 6 $ (51 ) $ 140 $ (250 ) $ (15 ) $ (241 ) $ (27 ) $ – $ (77 ) $ 6 $ (51 ) $ 140 $ (250 ) $ (15 ) (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 or losses on Investment securities recognized in other comprehensive income (OCI) were $nil for the three months ended April 30, 2024 (April 30, 2023 – gains of $12 million) and gains of $10 million for the six months ended April 30, 2024 (April 30, 2023 – gains of $30 million), excluding the translation gains or losses arising on consolidation. (2) Other includes amortization of premiums or discounts recognized in net income. (3) Net derivatives as at April 30, 2024 included derivative assets of $300 million (April 30, 2023 – $362 million) and derivative liabilities of $1,278 million (April 30, 2023 – $1,453 million). n.a. not applicable
Summary of Net Interest Income From Financial Instruments	Interest and dividend income arising from financial assets and financial liabilities and the associated costs of funding are reported in Net interest income. For the three months ended For the six months ended (Millions of Canadian dollars) April 30 2024 April 30 2023 April 30 2024 April 30 2023 Interest and dividend income (1), (2) Financial instruments measured at fair value through profit or loss $  9,431 $ 6,948 $  18,905 $ 13,657 Financial instruments measured at fair value through other comprehensive income 1,627 1,114 3,235 2,056 Financial instruments measured at amortized cost 14,696 12,256 29,223 23,942 25,754 20,318 51,363 39,655 Interest expense (1) Financial instruments measured at fair value through profit or loss 8,711 6,275 17,795 12,515 Financial instruments measured at amortized cost 10,420 7,944 20,613 14,839  19,131  14,219 38,408  27,354 Net interest income $ 6,623 $ 6,099 $ 12,955 $ 12,301 (1) Excludes interest and dividend income for the three months ended April 30, 2024 of $162 million (April 30, 2023 – $225 million) and for the six months ended April 30, 2024 of $434 million (April 30, 2023 – $368 million), and interest expense for the three months ended April 30, 2024 of $12 million (April 30, 2023 – $13 million) and for the six months ended April 30, 2024 of $23 million (April 30, 2023 – $17 million) presented in Insurance investment result in the Interim Condensed Consolidated Statements of Income. (2) Includes dividend income for the three months ended April 30, 2024 of $776 million (April 30, 2023 – $801 million) and for the six months ended April 30, 2024 of $1,733 million (April 30, 2023 – $1,593 million) presented in Interest and dividend income in the Interim Condensed Consolidated Statements of Income.

Securities (Tables)

Securities (Tables)	6 Months Ended
	Apr. 30, 2024
Text Block [Abstract]
Unrealized gains and losses on securities at fair value through other comprehensive income	Unrealized gains and losses on securities at FVOCI (1), (2)           As at             April 30, 2024 October 31, 2023 (Millions of Canadian dollars) Cost/ Gross Gross Fair value Cost/ Gross Gross Fair value Debt issued or guaranteed by: Canadian government Federal $ 14,736 $ 7 $ (23 ) $ 14,720 $ 6,609 $ 1 $ (351 ) $ 6,259 Provincial and municipal 3,553 25 (36 ) 3,542 3,396 2 (650 ) 2,748 U.S. federal, state, municipal and agencies 72,997 299 (1,730 ) 71,566 75,326 343 (2,374 ) 73,295 Other OECD government 9,710 13 (32 ) 9,691 6,200 1 (9 ) 6,192 Mortgage-backed securities 2,512 2 (30 ) 2,484 2,762 – (61 ) 2,701 Asset-backed securities CDO 8,525 8 (1 ) 8,532 8,308 3 (46 ) 8,265 Non-CDO 496 2 (4 ) 494 444 2 (5 ) 441 Corporate debt and other debt 27,352 99 (63 ) 27,388 27,774 44 (95 ) 27,723 Equities 719 458 (6 ) 1,171 493 357 (8 ) 842 $  140,600 $  913 $  (1,925 ) $  139,588 $  131,312 $ 753 $  (3,599 ) $  128,466 (1) Excludes $99,399 million of held-to-collect (2) Gross unrealized gains and losses includes $(33) million of allowance for credit losses on debt securities at FVOCI as at April 30, 2024 (October 31, 2023 – $(33) million) recognized in income and Other components of equity. (3) These amounts reflect certain reclassifications made upon the adoption of IFRS 17 as at November 1, 2023 with no restatement of comparative information. Refer to Note 2 for further details.
Summary of Allowance for credit losses - Securities at Amortized Cost	Allowance for credit losses – securities at FVOCI (1) For the three months ended April 30, 2024 April 30, 2023 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 $ 4 $ – $ (37 ) $ (33 ) $ 4 $ 1 $ (24 ) $ (19 ) Provision for credit losses Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – – – – – – – Purchases 3 –    – 3 1 –     –    1 Sales and maturities (1 ) – – (1 ) (1 ) – – (1 ) Changes in risk, parameters and exposures (1 ) – (2 ) (3 ) – 2 (3 ) (1 ) Exchange rate and other 1 – – 1 (1 ) (1 ) 2 – Balance at end of period $   6 $  – $ (39 ) $  (33 ) $   3 $   2 $ (25 ) $ (20 ) For the six months ended April 30, 2024 April 30, 2023 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 $ 4 $ – $ (37 ) $ (33 ) $ 3 $ 1 $ (23 ) $ (19 ) Provision for credit losses Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – –    – – – – –    – Purchases 6 – – 6 3 – – 3 Sales and maturities (2 ) – – (2 ) (1 ) –     – (1 ) Changes in risk, parameters and exposures (3 ) – (4 ) (7 ) (1 ) 2 (5 ) (4 ) Exchange rate and other 1 – 2 3 (1 ) (1 ) 3 1 Balance at end of period $   6 $  – $ (39 ) $  (33 ) $   3 $   2 $ (25 ) $ (20 ) (1) Expected credit losses on debt securities at FVOCI are not separately recognized on the balance sheet as the related securities are recorded at fair value. The cumulative amount of credit losses recognized in income is presented in Other components of equity. (2) Reflects changes in the allowance for purchased credit impaired securities. Allowance for credit losses – securities at amortized cost For the three months ended April 30, 2024 April 30, 2023 Performing Impaired Performing Impaired (Millions of Canadian dollars) Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Balance at beginning of period $ 9 $ 14 $ – $ 23 $ 10 $ 13 $ – $ 23 Provision for credit losses Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – –    – – – –    – Purchases 1 – – 1 1 – – 1 Sales and maturities – – – – – – – – Changes in risk, parameters and exposures (2 ) (1 ) – (3 ) (3 ) –     – (3 ) Exchange rate and other – – – – 1 – – 1 Balance at end of period $   8 $  13 $    – $  21 $   9 $  13 $ – $  22 For the six months ended April 30, 2024 April 30, 2023 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 $ 15 $ – $ 23 $ 8 $ 14 $ – $ 22 Provision for credit losses Transfers to stage 1 – – – – – – – – Transfers to stage 2 – – – – – – – – Transfers to stage 3 – – –    – – – – – Purchases 4 – – 4 5 – – 5 Sales and maturities – – – – – –     –    – Changes in risk, parameters and exposures (4 ) (1 ) – (5 ) (5 ) (1 ) – (6 ) Exchange rate and other – (1 ) – (1 ) 1 – – 1 Balance at end of period $   8 $  13 $    – $  21 $   9 $  13 $ – $  22
Summary of Credit risk exposure on Investment Securities by internal risk rating	As at       April 30, 2024 October 31, 2023 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 $ 137,417 $ 8 $   – $ 137,425 $  126,732 $ 1 $ – $ 126,733 Non-investment 849 – – 849 742 – – 742 Impaired – – 143 143 – – 149 149 138,266 8 143 138,417 127,474    1    149 127,624 Items not subject to impairment (2) 1,171 842 $ 139,588 $  128,466 Securities at amortized cost Investment grade $ 98,500 $ – $ – $ 98,500 $ 89,947 $ – $ – $ 89,947 Non-investment 761 159 – 920 990 199 – 1,189 Impaired – – – – – – – – 99,261 159 – 99,420 90,937 199 – 91,136 Allowance for credit losses 8 13 – 21 8 15 – 23 $ 99,253 $ 146 $ – $ 99,399 $ 90,929 $ 184 $ – $ 91,113 (1) Reflects $143 million of purchased credit impaired securities (October 31, 2023 – $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)	6 Months Ended
	Apr. 30, 2024
Text Block [Abstract]
Disclosure of Allowance for Credit Losses	Allowance for credit losses For the three months ended April 30, 2024 April 30, 2023 (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 $ 542 $ 28 $ (5 ) $ 4 $ 569 $ 469 $ 11 $ (4 ) $ 4 $ 480 Personal 1,287 213 (134 ) 5 1,371 1,129 136 (98 ) (2 ) 1,165 Credit cards 1,101 223 (185 ) – 1,139 926 169 (115 ) – 980 Small business 212 39 (19 ) (2 ) 230 204 30 (7 ) (2 ) 225 Wholesale 2,445 405 (133 ) (3 ) 2,714 1,680 269 (54 ) (9 ) 1,886 Customers’ liability under acceptances 43 8 – – 51 41 (1 ) – 1 41 $  5,630 $  916 $  (476 ) $  4 $  6,074 $  4,449 $ 614 $  (278 ) $ (8 ) $  4,777 Presented as: Allowance for loan losses $ 5,299 $ 5,715 $ 3,999 $ 4,332 Other liabilities – Provisions 282 302 403 397 Customers’ liability under acceptances 43 51 41 41 Other components of equity 6 6 6 7 For the six months ended April 30, 2024 April 30, 2023 (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 $ 481 $ 102 $ (6 ) $ (8 ) $ 569 $ 432 $ 62 $ (9 ) $ (5 ) $ 480 Personal 1,228 415 (273 ) 1 1,371 1,043 305 (181 ) (2 ) 1,165 Credit cards 1,069 406 (335 ) (1 ) 1,139 893 305 (217 ) (1 ) 980 Small business 194 76 (34 ) (6 ) 230 194 47 (16 ) – 225 Wholesale 2,326 734 (282 ) (64 ) 2,714 1,574 430 (71 ) (47 ) 1,886 Customers’ liability under acceptances 50 1 – – 51 45 (5 ) – 1 41 $  5,348 $  1,734 $  (930 ) $  (78 ) $  6,074 $  4,181 $ 1,144 $  (494 ) $ (54 ) $  4,777 Presented as: Allowance for loan losses $ 5,004 $ 5,715 $ 3,753 $ 4,332 Other liabilities – Provisions 288 302 378 397 Customers’ liability under acceptances 50 51 45 41 Other components of equity 6 6 5 7
Summary of Allowance for Credit Losses by Stage, for Each Major Product Category	Allowance for credit losses – Retail and wholesale loans For the three months ended April 30, 2024 April 30, 2023 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 $ 245 $ 110 $ 187 $ 542 $ 254 $ 82 $ 133 $ 469 Provision for credit losses Transfers to stage 1 16 (16 ) – – 19 (19 ) – – Transfers to stage 2 (4 ) 8 (4 ) – (13 ) 15 (2 ) – Transfers to stage 3 (1 ) (8 ) 9 – (1 ) (2 ) 3 – Originations (1) 32 – – 32 13 – – 13 Maturities (4 ) (3 ) – (7 ) (4 ) – – (4 ) Changes in risk, parameters and exposures (43 ) 27 19 3 (31 ) 26 7 2 Write-offs – – (7 ) (7 ) – – (8 ) (8 ) Recoveries – – 2 2 – – 4 4 Exchange rate and other 4 – – 4 1 1 2 4 Balance at end of period $ 245 $ 118 $ 206 $ 569 $ 238 $ 103 $ 139 $ 480 Personal Balance at beginning of period $ 280 $ 843 $ 164 $ 1,287 $ 286 $ 725 $ 118 $ 1,129 Provision for credit losses Transfers to stage 1 134 (134 ) – – 147 (146 ) (1 ) – Transfers to stage 2 (18 ) 19 (1 ) – (20 ) 21 (1 ) – Transfers to stage 3 – (31 ) 31 – (1 ) (12 ) 13 – Originations (1) 39 – – 39 25 – – 25 Maturities (9 ) (40 ) – (49 ) (10 ) (25 ) – (35 ) Changes in risk, parameters and exposures (128 ) 226 125 223 (130 ) 184 92 146 Write-offs – – (166 ) (166 ) – – (124 ) (124 ) Recoveries – – 32 32 – – 26 26 Exchange rate and other (2 ) 4 3 5 1 – (3 ) (2 ) Balance at end of period $ 296 $ 887 $ 188 $ 1,371 $ 298 $ 747 $ 120 $ 1,165 Credit cards Balance at beginning of period $ 188 $ 913 $ – $ 1,101 $ 184 $ 742 $ – $ 926 Provision for credit losses Transfers to stage 1 138 (138 ) – – 125 (125 ) – – Transfers to stage 2 (27 ) 27 – – (22 ) 22 – – Transfers to stage 3 – (118 ) 118 – (1 ) (98 ) 99 – Originations (1) 10 – – 10 3 – – 3 Maturities (1 ) (13 ) – (14 ) (1 ) (8 ) – (9 ) Changes in risk, parameters and exposures (116 ) 277 66 227 (89 ) 248 16 175 Write-offs – – (201 ) (201 ) – – (159 ) (159 ) Recoveries – – 16 16 – – 44 44 Exchange rate and other – (1 ) 1 – – – – – Balance at end of period $ 192 $ 947 $ – $ 1,139 $ 199 $ 781 $ – $ 980 Small business Balance at beginning of period $ 72 $ 74 $ 66 $ 212 $ 73 $ 73 $ 58 $ 204 Provision for credit losses Transfers to stage 1 7 (7 ) – – 8 (8 ) – – Transfers to stage 2 (4 ) 4 – – (4 ) 4 – – Transfers to stage 3 – (3 ) 3 – (1 ) (2 ) 3 – Originations (1) 11 – – 11 8 – – 8 Maturities (4 ) (5 ) – (9 ) (3 ) (4 ) – (7 ) Changes in risk, parameters and exposures (8 ) 15 30 37 (6 ) 15 20 29 Write-offs – – (22 ) (22 ) – – (10 ) (10 ) Recoveries – – 3 3 – – 3 3 Exchange rate and other – – (2 ) (2 ) 1 1 (4 ) (2 ) Balance at end of period $ 74 $ 78 $ 78 $ 230 $ 76 $ 79 $ 70 $ 225 Wholesale Balance at beginning of period $ 709 $ 853 $ 883 $ 2,445 $ 600 $ 612 $ 468 $ 1,680 Provision for credit losses Transfers to stage 1 52 (51 ) (1 ) – 49 (49 ) – – Transfers to stage 2 (40 ) 41 (1 ) – (15 ) 15 – – Transfers to stage 3 (1 ) (38 ) 39 – (1 ) (13 ) 14 – Originations (1) 245 – – 245 159 – – 159 Maturities (95 ) (95 ) – (190 ) (98 ) (58 ) – (156 ) Changes in risk, parameters and exposures (90 ) 201 239 350 (31 ) 119 178 266 Write-offs – – (150 ) (150 ) – – (60 ) (60 ) Recoveries – – 17 17 – – 6 6 Exchange rate and other (23 ) 13 7 (3 ) 5 6 (20 ) (9 ) Balance at end of period $   757 $   924 $   1,033 $  2,714 $   668 $   632 $   586 $  1,886 (1) Includes the impact of the HSBC Canada transaction. Refer to Note 6 for further details. For the six months ended April 30, 2024 April 30, 2023 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 $ 223 $ 90 $ 168 $ 481 $ 235 $ 65 $ 132 $ 432 Provision for credit losses Transfers to stage 1 33 (33 ) – – 32 (32 ) – – Transfers to stage 2 (10 ) 18 (8 ) – (19 ) 25 (6 ) – Transfers to stage 3 (2 ) (16 ) 18 – (1 ) (5 ) 6 – Originations (1) 51 – – 51 43 – – 43 Maturities (8 ) (7 ) – (15 ) (8 ) (2 ) – (10 ) Changes in risk, parameters and exposures (44 ) 67 43 66 (44 ) 51 22 29 Write-offs – – (11 ) (11 ) – – (16 ) (16 ) Recoveries – – 5 5 – – 7 7 Exchange rate and other 2 (1 ) (9 ) (8 ) – 1 (6 ) (5 ) Balance at end of period $ 245 $ 118 $ 206 $ 569 $ 238 $ 103 $ 139 $ 480 Personal Balance at beginning of period $ 280 $ 793 $ 155 $ 1,228 $ 285 $ 661 $ 97 $ 1,043 Provision for credit losses Transfers to stage 1 259 (259 ) – – 297 (296 ) (1 ) – Transfers to stage 2 (37 ) 39 (2 ) – (43 ) 44 (1 ) – Transfers to stage 3 (1 ) (59 ) 60 – (1 ) (25 ) 26 – Originations (1) 61 – – 61 48 – – 48 Maturities (21 ) (86 ) – (107 ) (22 ) (50 ) – (72 ) Changes in risk, parameters and exposures (242 ) 455 248 461 (268 ) 415 182 329 Write-offs – – (335 ) (335 ) – – (236 ) (236 ) Recoveries – – 62 62 – – 55 55 Exchange rate and other (3 ) 4 – 1 2 (2 ) (2 ) (2 ) Balance at end of period $ 296 $ 887 $ 188 $ 1,371 $ 298 $ 747 $ 120 $ 1,165 Credit cards Balance at beginning of period $ 203 $ 866 $ – $ 1,069 $ 177 $ 716 $ – $ 893 Provision for credit losses Transfers to stage 1 275 (275 ) – – 289 (289 ) – – Transfers to stage 2 (55 ) 55 – – (42 ) 42 – – Transfers to stage 3 (1 ) (226 ) 227 – (1 ) (192 ) 193 – Originations (1) 13 – – 13 7 – – 7 Maturities (2 ) (21 ) – (23 ) (2 ) (15 ) – (17 ) Changes in risk, parameters and exposures (241 ) 549 108 416 (228 ) 519 24 315 Write-offs – – (460 ) (460 ) – – (301 ) (301 ) Recoveries – – 125 125 – – 84 84 Exchange rate and other – (1 ) – (1 ) (1 ) – – (1 ) Balance at end of period $ 192 $ 947 $ – $ 1,139 $ 199 $ 781 $ – $ 980 Small business Balance at beginning of period $ 70 $ 66 $ 58 $ 194 $ 73 $ 73 $ 48 $ 194 Provision for credit losses Transfers to stage 1 12 (12 ) – – 18 (18 ) – – Transfers to stage 2 (9 ) 9 – – (7 ) 7 – – Transfers to stage 3 – (5 ) 5 – (1 ) (4 ) 5 – Originations (1) 20 – – 20 16 – – 16 Maturities (7 ) (10 ) – (17 ) (7 ) (10 ) – (17 ) Changes in risk, parameters and exposures (13 ) 30 56 73 (18 ) 28 38 48 Write-offs – – (40 ) (40 ) – – (21 ) (21 ) Recoveries – – 6 6 – – 5 5 Exchange rate and other 1 – (7 ) (6 ) 2 3 (5 ) – Balance at end of period $ 74 $ 78 $ 78 $ 230 $ 76 $ 79 $ 70 $ 225 Wholesale Balance at beginning of period $ 774 $ 785 $ 767 $ 2,326 $ 597 $ 585 $ 392 $ 1,574 Provision for credit losses Transfers to stage 1 102 (101 ) (1 ) – 100 (100 ) – – Transfers to stage 2 (95 ) 99 (4 ) – (35 ) 36 (1 ) – Transfers to stage 3 (4 ) (47 ) 51 – (4 ) (27 ) 31 – Originations (1) 369 – – 369 312 – – 312 Maturities (192 ) (182 ) – (374 ) (216 ) (129 ) – (345 ) Changes in risk, parameters and exposures (191 ) 374 556 739 (86 ) 269 280 463 Write-offs – – (310 ) (310 ) – – (86 ) (86 ) Recoveries – – 28 28 – – 15 15 Exchange rate and other (6 ) (4 ) (54 ) (64 ) – (2 ) (45 ) (47 ) Balance at end of period $   757 $   924 $   1,033 $  2,714 $   668 $   632 $   586 $  1,886 (1) Includes the impact of the HSBC Canada transaction. Refer to Note 6 for further details.
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     April 30, 2024 October 31, 2023 (Millions of Canadian dollars) Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 (1) Total Retail Loans outstanding – Residential mortgages Low risk $ 379,025 $ 2,328 $ – $ 381,353 $ 349,001 $ 1,630 $ – $ 350,631 Medium risk 21,141 2,003 – 23,144 19,126 1,610 – 20,736 High risk 1,838 6,122 – 7,960 1,582 4,927 – 6,509 Not rated (2) 53,947 1,390 – 55,337 54,247 1,220 – 55,467 Impaired – – 983 983 – – 682 682 455,951 11,843 983 468,777 423,956 9,387 682 434,025 Items not subject to impairment (3) 598 476 Total $ 469,375 $ 434,501 Loans outstanding – Personal Low risk $ 79,713 $ 1,739 $ – $ 81,452 $ 75,572 $ 1,676 $ – $ 77,248 Medium risk 6,423 2,870 – 9,293 5,587 2,915 – 8,502 High risk 576 2,211 – 2,787 477 2,088 – 2,565 Not rated (2) 9,904 332 – 10,236 9,982 157 – 10,139 Impaired – – 367 367 – – 280 280 Total $ 96,616 $ 7,152 $ 367 $ 104,135 $ 91,618 $ 6,836 $ 280 $ 98,734 Loans outstanding – Credit cards Low risk $ 16,932 $ 168 $ – $ 17,100 $ 16,331 $ 135 $ – $ 16,466 Medium risk 1,888 2,342 – 4,230 1,771 2,132 – 3,903 High risk 51 2,113 – 2,164 41 1,734 – 1,775 Not rated (2) 862 32 – 894 856 35 – 891 Total $ 19,733 $ 4,655 $ – $ 24,388 $ 18,999 $ 4,036 $ – $ 23,035 Loans outstanding – Small business Low risk $ 9,233 $ 879 $ – $ 10,112 $ 8,641 $ 920 $ – $ 9,561 Medium risk 2,412 986 – 3,398 2,238 936 – 3,174 High risk 141 839 – 980 99 592 – 691 Not rated (2) 8 – – 8 11 – – 11 Impaired – – 291 291 – – 244 244 Total $ 11,794 $ 2,704 $ 291 $ 14,789 $ 10,989 $ 2,448 $ 244 $ 13,681 Undrawn loan commitments – Retail Low risk $ 277,233 $ 794 $ – $ 278,027 $ 266,209 $ 610 $ – $ 266,819 Medium risk 10,211 367 – 10,578 10,759 298 – 11,057 High risk 786 503 – 1,289 956 434 – 1,390 Not rated (2) 7,366 187 – 7,553 6,686 138 – 6,824 Total $ 295,596 $ 1,851 $ – $ 297,447 $ 284,610 $ 1,480 $ – $ 286,090 Wholesale – Loans outstanding Investment grade $ 110,383 $ 1,724 $ – $ 112,107 $ 89,037 $ 416 $ – $ 89,453 Non-investment 173,627 23,301 – 196,928 156,211 19,210 – 175,421 Not rated (2) 12,741 738 – 13,479 10,968 238 – 11,206 Impaired – – 3,691 3,691 – – 2,498 2,498 296,751 25,763 3,691 326,205 256,216 19,864  2,498 278,578 Items not subject to impairment (3) 27,362 9,248 Total $ 353,567 $ 287,826 Undrawn loan commitments – Wholesale Investment grade $ 331,809 $ 300 $ – $ 332,109 $ 312,178 $ 186 $ – $ 312,364 Non-investment 149,957 11,382 – 161,339 130,994 13,947 – 144,941 Not rated (2) 4,232 13 – 4,245 4,176 – – 4,176 Total $ 485,998 $ 11,695 $ – $ 497,693 $  447,348 $  14,133 $ – $  461,481 (1) Includes $173 million of purchased credit-impaired loans acquired in the HSBC Canada transaction. (2) 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 (3) Items not subject to impairment are loans held at FVTPL.
Disclosure of Loans Past Due But Not Impaired	Loans past due but not impaired (1), (2) As at    April 30, 2024 October 31, 2023 (Millions of Canadian dollars) 30 to 89 days 90 days Total 30 to 89 days 90 days Total Retail $ 2,112 $ 255 $ 2,367 $ 1,840 $ 208 $ 2,048 Wholesale 1,133 9 1,142 1,823 49 1,872 $ 3,245 $ 264 $ 3,509 $ 3,663 $ 257 $   3,920 (1) Excludes loans less than 30 days past due as they are not generally representative of the borrowers’ ability to meet their payment obligations. (2) Amounts presented may include loans past due as a result of administrative processes, such as mortgage loans on which payments are restrained pending payout due to sale or refinancing, which can fluctuate based on business volumes. Past due loans arising from administrative processes are not representative of the borrowers’ ability to meet their payment obligations.

Significant acquisition and d_2

Significant acquisition and disposition (Tables)	6 Months Ended
	Apr. 30, 2024
Text Block [Abstract]
Summary of the Estimated Fair Value of the Assets Acquired and Liabilities Assumed as at the Acquisition Date	The following table presents the estimated fair value of the assets acquired and liabilities assumed as at the acquisition date. The estimates for the fair values of the assets acquired and liabilities assumed may be retroactively adjusted to reflect new information obtained about facts and circumstances that existed as at the acquisition date during the measurement period. (Millions of Canadian dollars, except percentage amounts) Percentage of shares acquired 100 % Purchase consideration $  15,488 Fair value of identifiable assets acquired Cash and due from banks $ 2,772 Securities Trading 1,110 Investment 21,305 Loans (1) Retail (2) 35,353 Wholesale 39,408 Derivatives 3,365 Intangible assets (3) 2,402 Other (4) 2,405 Total fair value of identifiable assets acquired $  108,120 Fair value of identifiable liabilities assumed Deposits Personal 42,037 Business and government (2) 44,065 Bank 124 Obligations related to assets sold under repurchase agreements and securities loaned 5,664 Derivatives 3,541 Other (5) 3,639 Total fair value of identifiable liabilities assumed $ 99,070 Fair value of identifiable net assets acquired $ 9,050 Goodwill 6,438 Total purchase consideration $ 15,488 (1) The fair value of loans reflects estimates of incurred and expected future credit losses as at the acquisition date and interest rate premiums or discounts relative to prevailing market rates. As at March 28, 2024, the gross contractual value of the loans is $ 75,920 587 147 (2) Loans – Retail includes $ 1.7 1.7 (3) Intangible assets include $ 1,973 110 7 (4) Includes Assets purchased under reverse repurchase agreements and securities borrowed, Customers’ liability under acceptances, and Other assets. (5) Includes Acceptances, Obligations related to securities sold short, and Other liabilities.

Deposits (Tables)

Deposits (Tables)	6 Months Ended
	Apr. 30, 2024
Text Block [Abstract]
Summary of Deposit Liabilities	As at     April 30, 2024 October 31, 2023 (Millions of Canadian dollars) Demand Notice Term Total Demand (1) Notice (2) Term (3) Total Personal $ 198,437 $ 61,226 $ 240,219 $ 499,882 $ 186,530 $ 57,614 $ 197,802 $ 441,946 Business and government 350,716 18,616 425,602 794,934 316,200 19,056 409,819 745,075 Bank 8,865 655 23,267 32,787 7,996 769 35,901 44,666 $  558,018 $  80,497 $  689,088 $  1,327,603 $ 510,726 $ 77,439 $ 643,522 $ 1,231,687 Non-interest-bearing (4) Canada $ 145,770 $ 6,739 $ 181 $ 152,690 $ 132,994 $ 6,107 $ 168 $ 139,269 United States 36,917 – – 36,917 40,646 – – 40,646 Europe (5) 11 – – 11 17 – – 17 Other International 7,349 – – 7,349 7,265 – – 7,265 Interest-bearing (4) Canada 338,103 14,701 557,810 910,614 302,746 14,641 493,347 810,734 United States 19,916 58,106 73,057 151,079 16,210 55,895 78,837 150,942 Europe (5) 4,329 877 41,421 46,627 5,353 726 51,812 57,891 Other International 5,623 74 16,619 22,316 5,495 70 19,358 24,923 $ 558,018 $ 80,497 $ 689,088 $ 1,327,603 $  510,726 $  77,439 $  643,522 $  1,231,687 (1) Demand deposits are deposits for which we do not have the right to require notice of withdrawal, which include both savings and chequing accounts. (2) Notice deposits are deposits for which we can legally require notice of withdrawal. These deposits are primarily savings accounts. (3) Term deposits are deposits payable on a fixed date, and include term deposits, guaranteed investment certificates and similar instruments. (4) The geographical splits of the deposits are based on the point of origin of the deposits and where the revenue is recognized. As at April 30, 2024, deposits denominated in U.S. dollars, British pounds, Euro and other foreign currencies were $458 billion, $32 billion, $50 billion and $30 billion, respectively (October 31, 2023 – $445 billion, $34 billion, $49 billion and $32 billion, respectively). (5) Europe includes the United Kingdom and the Channel Islands.
Summary of Contractual Maturities of Term Deposit Liabilities	Contractual maturities of term deposits  As at    (Millions of Canadian dollars) April 30 2024 October 31 2023 Within 1 year: less than 3 months $ 183,636 $ 182,373 3 to 6 months 94,976 69,868 6 to 12 months 153,786 151,079 1 to 2 years 77,999 76,232 2 to 3 years 58,863 49,965 3 to 4 years 43,241 36,774 4 to 5 years 28,565 36,506 Over 5 years 48,022 40,725 $ 689,088 $ 643,522 Aggregate amount of term deposits in denominations of one hundred thousand dollars or more $ 619,000 $  586,000

Insurance and reinsurance (Tabl

Insurance and reinsurance (Tables)	6 Months Ended
	Apr. 30, 2024
Text Block [Abstract]
Summary of Insurance and Reinsurance Contracts by Measurement Components	Insurance and reinsurance contracts by measurement components (1) The following table presents the measurement components of assets and liabilities for insurance contracts issued and reinsurance contracts held by estimates of present value of future cash flows, risk adjustment for non-financial    As at April 30, 2024 October 31, 2023 (Millions of Canadian dollars) Estimates of Risk non-financial CSM Total Estimates of Risk non-financial CSM Total Insurance contract assets (2) $ 1,929 $ (595 ) $ (549 ) $ 785 $ 1,790 $ (544 ) $ (565 ) $ 681 Insurance contract liabilities (3) Insurance contract liabilities for segregated funds $ (3,071 ) $ (19 ) $ (71 ) $ (3,161 ) $ (2,553 ) $ (15 ) $ (64 ) $ (2,632 ) Insurance contract liabilities excluding segregated funds (13,943 ) (1,978 ) (2,117 ) (18,038 ) (11,955 ) (2,308 ) (2,131 ) (16,394 ) $ (17,014 ) $ (1,997 ) $  (2,188 ) $  (21,199 ) $ (14,508 ) $ (2,323 ) $ (2,195 ) $ (19,026 ) Reinsurance contract held assets (2), (3) $ 391 $ 538 $ 731 $ 1,660 $ 327 $ 469 $    786 $    1,582 Reinsurance contract held liabilities (4) $ (68 ) $ 10 $ 26 $ (32 ) $ (42 ) $ 6 $ 18 $ (18 ) CSM for insurance contracts, net of reinsurance contracts held $ (1,980 ) $ (1,956 ) (1) Includes contracts measured using the GMM and VFA that have CSM and contracts measured using the PAA in which CSM is not applicable. (2) Presented in Other assets. (3) Insurance contract liabilities and reinsurance contract held assets primarily relate to balances for remaining coverage for future services on contracts measured using the GMM or VFA. (4) Presented in Other liabilities.
Summary of Composition of Insurance Service Result and Insurance Investment Result for Insurance Contracts Issued and Reinsurance Contracts Held	The following table provides the composition of Insurance service result and Insurance investment result for insurance contracts issued and reinsurance contracts held. For the three months ended For the six months ended (Millions of Canadian dollars) April 30 2024 April 30 2023 (1) April 30 2024 April 30 2023 (1) Insurance service result Insurance revenue $ 1,247 $ 1,205 $ 2,452 $ 2,309 Insurance service expense (1,000 ) (930 ) (1,984 ) (1,783 ) Net income (expense) from reinsurance contracts held (44 ) (50 ) (78 ) (109 ) $ 203 $ 225 $ 390 $ 417 Insurance investment result Net investment income $ 86 $ 144 $ 2,104 $ 1,163 Insurance finance income (expense) (20 ) (167 ) (1,996 ) (1,301 ) Reinsurance finance income (expense) (7 ) 37 92 79 $ 59 $ 14 $ 200 $ (59 ) Insurance service and insurance investment results $ 262 $ 239 $ 590 $ 358 (1) The 2023 amounts may not be fully comparable to the current period as we were not managing our asset and liability portfolios under IFRS 17 and Net investment income was not restated for the reclassifications of certain eligible financial assets. Refer to Note 2 for further details.

Employee benefits - Pension a_2

Employee benefits - Pension and other post-employment benefits (Tables)	6 Months Ended
	Apr. 30, 2024
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) April 30 2024 April 30 2023 April 30 2024 April 30 2023 Current service costs $ 47 $ 49 $ 8 $ 8 Net interest expense (income) (37 ) (40 ) 20 20 Remeasurements of other long-term benefits – – (1 ) 1 Administrative expense 4 3 – – Defined benefit pension expense 14 12 27 29 Defined contribution pension expense 98 76 – – $ 112 $ 88 $ 27 $ 29 For the six months ended Pension plans Other post-employment benefit plans (Millions of Canadian dollars) April 30 2024 April 30 2023 April 30 2024 April 30 2023 Current service costs $ 93 $ 98 $ 16 $ 16 Net interest expense (income) (75 ) (81 ) 40 39 Remeasurements of other long-term benefits – – 9 3 Administrative expense 8 6 – – Defined benefit pension expense 26 23 65 58 Defined contribution pension expense 204 161 – – $ 230 $ 184 $ 65 $ 58
Summary of Composition of Remeasurements Recorded in OCI related to pension and other post employment benefit plans	Pension and other post-employment benefit remeasurements (1) For the three months ended Defined benefit pension plans Other post-employment benefit plans (Millions of Canadian dollars) April 30 2024 April 30 2023 April 30 2024 April 30 2023 Actuarial (gains) losses: Changes in financial assumptions (2) $ (548 ) $ 132 $ (50 ) $ 15 Experience adjustments – – (1 ) (2 ) Return on plan assets (excluding interest based on discount rate) 465 33 – – $ (83 ) $ 165 $ (51 ) $ 13 For the six months ended Defined benefit pension plans Other post-employment benefit plans (Millions of Canadian dollars) April 30 2024 April 30 2023 April 30 2024 April 30 2023 Actuarial (gains) losses: Changes in financial assumptions (2) $ 723 $ 904 $ 70 $ 90 Experience adjustments – – – (2 ) Return on plan assets (excluding interest based on discount rate) (1,004 ) (561 ) – – $ (281 ) $ 343 $ 70 $ 88 (1) Market based assumptions, including Changes in financial assumptions and Return on plan assets, are reviewed on a quarterly basis. All other assumptions are updated during our annual review of plan assumptions. (2) Changes in financial assumptions in our defined benefit pension plans primarily relate to changes in discount rates.

Significant capital and fundi_2

Significant capital and funding transactions (Tables)	6 Months Ended
	Apr. 30, 2024
Text Block [Abstract]
Summary of Common Shares Issued	For the three months ended April 30, 2024 April 30, 2023 (Millions of Canadian dollars, except number of shares) Number of Amount Number of Amount Issued in connection with share-based compensation plans (1) 228 $ 22 235 $ 21 Issued in connection with dividend reinvestment plan (2) 5,715 740 4,604 621 5,943 $  762 4,839 $  642 For the six months ended April 30, 2024 April 30, 2023 (Millions of Canadian dollars, except number of shares) Number of Amount Number of Amount Issued in connection with share-based compensation plans (1) 628 $ 60 504 $ 45 Issued in connection with dividend reinvestment plan (2) 11,850 1,460 4,604 621 12,478 $  1,520 5,108 $  666 (1) Amounts include cash received for stock options exercised during the period and the fair value adjustment to stock options. (2) The requirements of our dividend reinvestment plan (DRIP) are satisfied through either open market share purchases or shares issued from treasury. During the three and six months ended April 30, 2024 our DRIP requirements were satisfied through shares issued from treasury. During the three months ended April 30, 2023 our DRIP requirements were satisfied through shares issued from treasury. During the three months ended January 31, 2023 our DRIP requirements were satisfied through open market share purchases.

Earnings per share (Tables)

Earnings per share (Tables)	6 Months Ended
	Apr. 30, 2024
Text Block [Abstract]
Summary of Earnings Per Share	For the three months ended For the six months ended (Millions of Canadian dollars, except share and per share amounts) April 30 2024 April 30 2023 (Restated – Note 2) April 30 2024 April 30 2023 (Restated – Note 2) Basic earnings per share Net income $ 3,950 $ 3,680 $ 7,532 $ 6,813 Dividends on preferred shares and distributions on other equity (67 ) (67 ) (125 ) (111 ) Net income attributable to non-controlling (2 ) (1 ) (4 ) (3 ) Net income available to common shareholders $ 3,881 $ 3,612 $ 7,403 $ 6,699 Weighted average number of common shares (in thousands)  1,412,651  1,388,388  1,409,452  1,385,525 Basic earnings per share (in dollars) $ 2.75 $ 2.60 $ 5.25 $ 4.83 Diluted earnings per share Net income available to common shareholders $ 3,881 $ 3,612 $ 7,403 $ 6,699 Weighted average number of common shares (in thousands) 1,412,651 1,388,388 1,409,452 1,385,525 Stock options (1) 1,489 1,735 1,364 1,744 Issuable under other share-based compensation plans 26 26 26 26 Average number of diluted common shares (in thousands) 1,414,166 1,390,149 1,410,842 1,387,295 Diluted earnings per share (in dollars) $ 2.74 $ 2.60 $ 5.25 $ 4.83 (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 April 30, 2024, no outstanding options were excluded from the calculation of diluted earnings per share. For the six months ended April 30, 2024, an average of 1,060,719 outstanding options with an average exercise price of $131.64 were excluded from the calculation of diluted earnings per share. For the three and six months ended April 30, 2023, no outstanding options were excluded from the calculation of diluted earnings per share.

Results by business segment (Ta

Results by business segment (Tables)	6 Months Ended
	Apr. 30, 2024
Text Block [Abstract]
Disclosure of operating segments	For the three months ended April 30, 2024 (Millions of Canadian dollars) Personal & Wealth Insurance Capital Corporate Total Net interest income (3) $ 4,400 $ 1,136 $ – $ 764 $ 323 $ 6,623 Non-interest 1,590 3,482 298 2,390 (229 ) 7,531 Total revenue 5,990 4,618 298 3,154 94 14,154 Provision for credit losses 754 27 – 137 2 920 Non-interest 2,428 3,653 69 1,722 436 8,308 Income (loss) before income taxes 2,808 938 229 1,295 (344 ) 4,926 Income taxes (recoveries) 757 169 52 33 (35 ) 976 Net income $ 2,051 $ 769 $ 177 $ 1,262 $ (309 ) $ 3,950 Non-interest Depreciation and amortization $ 280 $ 309 $ (1 ) $ 130 $ (7 ) $ 711 For the three months ended April 30, 2023 (Restated – Note 2) (Millions of Canadian dollars) Personal & Wealth Insurance Capital Corporate Total Net interest income (3) $ 3,817 $ 1,089 $ – $ 951 $ 242 $ 6,099 Non-interest 1,481 3,305 272 1,711 (423 ) 6,346 Total revenue 5,298 4,394 272 2,662 (181 ) 12,445 Provision for credit losses 422 28 – 150 – 600 Non-interest 2,257 3,447 65 1,510 121 7,400 Income (loss) before income taxes 2,619 919 207 1,002 (302 ) 4,445 Income taxes (recoveries) 704 200 37 40 (216 ) 765 Net income $ 1,915 $ 719 $ 170 $ 962 $ (86 ) $ 3,680 Non-interest Depreciation and amortization $ 240 $ 312 $ 16 $ 128 $ – $ 696 Royal Bank of Canada For the six months ended April 30, 2024 (Millions of Canadian dollars) Personal & Wealth Insurance Capital Corporate Total Net interest income (3) $ 8,616 $ 2,286 $ – $ 1,425 $ 628 $ 12,955 Non-interest 3,168 6,869 661 4,680 (694 ) 14,684 Total revenue 11,784 9,155 661 6,105 (66 ) 27,639 Provision for credit losses 1,388 38 1 304 2 1,733 Non-interest 4,767 7,421 140 3,364 940 16,632 Income (loss) before income taxes 5,629 1,696 520 2,437 (1,008 ) 9,274 Income taxes (recoveries) 1,517 321 123 21 (240 ) 1,742 Net income $ 4,112 $ 1,375 $ 397 $ 2,416 $ (768 ) $ 7,532 Non-interest Depreciation and amortization $ 515 $ 620 $ 3 $ 254 $ (9 ) $ 1,383 For the six months ended April 30, 2023 (Restated – Note 2) (Millions of Canadian dollars) Personal & Wealth Insurance Capital Corporate Total Net interest income (3) $ 7,824 $ 2,305 $ – $ 1,743 $ 429 $ 12,301 Non-interest 3,015 6,649 426 4,065 (654 ) 13,501 Total revenue 10,839 8,954 426 5,808 (225 ) 25,802 Provision for credit losses 823 94 – 215 – 1,132 Non-interest 4,486 6,881 135 3,211 276 14,989 Income (loss) before income taxes 5,530 1,979 291 2,382 (501 ) 9,681 Income taxes (recoveries) 1,489 430 54 179 716 2,868 Net income $ 4,041 $ 1,549 $ 237 $ 2,203 $ (1,217 ) $ 6,813 Non-interest Depreciation and amortization $ 481 $ 613 $ 24 $ 255 $ – $ 1,373 (1) On March 28, 2024, we completed the HSBC Canada transaction. HSBC Canada results have been consolidated from the closing date, and are included in our Personal & Commercial Banking, Wealth Management and Capital Markets segments. For further details, refer to Note 6. (2) Taxable equivalent basis. (3) Interest revenue is reported net of interest expense as we rely primarily on net interest income as a performance measure. (4) Amounts for the three months and six months ended April 30, 2023 have been revised from those previously presented. (5) Effective the fourth quarter of 2023, we moved the Investor Services lending business from our Wealth Management segment to our Capital Markets segment. Therefore, comparative results for the three months and six months ended April 30, 2023 have been revised from those previously presented. Total assets and total liabilities by business segment As at April 30, 2024 (Millions of Canadian dollars) Personal & Wealth Insurance Capital Markets Corporate Total Total assets $ 729,204 $ 176,140 $ 27,715 $  1,011,787 $ 86,204 $  2,031,050 Total liabilities 729,106 174,502 27,681 1,011,172 (33,015 ) 1,909,446 As at October 31, 2023 (Restated – Note 2) (Millions of Canadian dollars) Personal & Wealth Management Insurance Capital Markets Corporate Support Total Total assets $ 636,046 $ 179,227 $ 24,130 $ 1,100,172 $ 66,956 $ 2,006,531 Total liabilities 635,952 177,389 24,895 1,099,893 (46,745 ) 1,891,384 (1) Includes the impact of the HSBC Canada transaction. Refer to Note 6 for further details.

Capital management (Tables)

Capital management (Tables)	6 Months Ended
	Apr. 30, 2024
Text Block [Abstract]
Summary of Regulatory Capital and Capital Ratios	As at  (Millions of Canadian dollars, except percentage amounts and as otherwise noted) April 30 2024 October 31 2023 Capital (1), (2) CET1 capital $ 83,497 $ 86,611 Tier 1 capital 92,444 93,904 Total capital 105,353 104,952 Risk-weighted assets (RWA) used in calculation of capital ratios (1), (2) Credit risk $ 531,381 $ 475,842 Market risk 35,156 40,498 Operational risk 87,165 79,883 Total RWA $ 653,702 $ 596,223 Capital ratios and Leverage ratio (1), (2) CET1 ratio 12.8% 14.5% Tier 1 capital ratio 14.1% 15.7% Total capital ratio 16.1% 17.6% Leverage ratio 4.2% 4.3% Leverage ratio exposure $ 2,219,019 $  2,179,590 TLAC available and ratios (1), (3) TLAC available $  179,902 $ 184,916 TLAC ratio 27.5% 31.0% TLAC leverage ratio 8.1% 8.5% (1) As prior period restatements are not required by OSFI, there was no impact from the adoption of IFRS 17 on regulatory capital, RWA, capital ratios, leverage ratio, TLAC available and TLAC ratios for periods prior to November 1, 2023. (2) 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. Both the CAR guideline and LR guideline are based on the Basel III framework. The period ended October 31, 2023 reflects our adoption of the revised CAR and LR guidelines that came into effect in Q2 2023, as further updated on October 20, 2023 as part of OSFI’s implementation of the Basel III reforms. The period ended April 30, 2024 also reflects our adoption of the revised market risk and CVA frameworks that came into effect on November 1, 2023. (3) 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.

Summary of significant accoun_4

Summary of significant accounting policies, estimates and judgments - Disclosure Of Initial Application Of Standards Or Interpretations (Detail) - CAD ($) $ in Millions	Apr. 30, 2024	Jan. 31, 2024	Oct. 31, 2023	Apr. 30, 2023	Jan. 31, 2023	Nov. 01, 2022	Oct. 31, 2022
Other
Other assets	$ 82,999		$ 81,371
Total assets	2,031,050		2,006,531
Other
Insurance contract liabilities	21,199		19,026
Other liabilities	90,294		96,022
Total liabilities	1,909,446		1,891,384
Total equity	121,604	$ 116,488	115,147	$ 108,945	$ 105,359
Total liabilities and equity	$ 2,031,050		2,006,531
IFRS 17 [member]
Other
Other assets						$ 84,561
Total assets						1,918,842
Other
Insurance contract liabilities						18,226
Other liabilities						95,140
Total liabilities						1,813,026
Total equity						105,816
Total liabilities and equity						1,918,842
Before transition [member]
Other
Total equity			$ 115,147				$ 108,175
Before transition [member] | IFRS 17 [member]
Assets [abstract]
Segregated fund net assets						2,638
Other
Other assets						80,300
Total assets						1,917,219
Liabilities
Segregated fund net liabilities						2,638
Other
Insurance claims and policy benefit liabilities						11,511
Other liabilities						95,235
Total liabilities						1,809,044
Total equity						108,175
Total liabilities and equity						1,917,219
Transition adjustments [member]
Other
Total equity							$ (2,359)
Transition adjustments [member] | IFRS 17 [member]
Assets [abstract]
Segregated fund net assets						(2,638)
Other
Other assets						4,261
Total assets						1,623
Liabilities
Segregated fund net liabilities						(2,638)
Other
Insurance claims and policy benefit liabilities						(11,511)
Insurance contract liabilities						18,226
Other liabilities						(95)
Total liabilities						3,982
Total equity						(2,359)
Total liabilities and equity						$ 1,623

Summary of significant accoun_5

Summary of significant accounting policies, estimates and judgments - Additional Information (Detail) - CAD ($) $ in Millions	Nov. 01, 2023	Apr. 30, 2024	Oct. 31, 2023	Nov. 01, 2022
Significant Accounting Policies, Estimates and Judgments [Line Items]
Increase in Other components of equity		$ 7,444	$ 6,852
Cumulative reduction in retained earnings net of tax		83,774	$ 81,715
Increase (decrease) due to changes in accounting policy required by IFRSs, cumulative effect at date of initial application [member] | Estimated retrospective adjustments [member] | IFRS 17 [member]
Significant Accounting Policies, Estimates and Judgments [Line Items]
Cumulative reduction in retained earnings net of tax				$ 2,400
Increase (decrease) due to changes in accounting policy required by IFRSs, cumulative effect at date of initial application [member] | 2024 [member] | IFRS 17 [member]
Significant Accounting Policies, Estimates and Judgments [Line Items]
Insurance contract liability cumulative impact of measurement				$ 1,800
Designated as FVTPL To Classified As FVTPL [member] | Financial assets at fair value [member]
Significant Accounting Policies, Estimates and Judgments [Line Items]
Amount of reclassifications	$ 8,300
Designated as FVTPL To Classified As FVTPL [member] | Financial assets at amortised cost, class [member]
Significant Accounting Policies, Estimates and Judgments [Line Items]
Amount of reclassifications	2,000
Designated As FVTPL To Classified As FVOCI [member] | Financial assets at fair value [member]
Significant Accounting Policies, Estimates and Judgments [Line Items]
Amount of reclassifications	500
Designated As FVTPL To Classified As FVOCI [member] | Financial assets at amortised cost, class [member]
Significant Accounting Policies, Estimates and Judgments [Line Items]
Amount of reclassifications	300
FVOCI To Classified As FVTPL [member] | Financial assets at fair value [member]
Significant Accounting Policies, Estimates and Judgments [Line Items]
Amount of reclassifications	1,700
FVTPL To Designated As FVOCI [member] | Financial assets at fair value [member]
Significant Accounting Policies, Estimates and Judgments [Line Items]
Amount of reclassifications	$ 300
Increase (decrease) due to changes in accounting policy [member] | IFRS 17 [member]
Significant Accounting Policies, Estimates and Judgments [Line Items]
Increase in Other components of equity		$ 656

Fair value of financial instr_3

Fair value of financial instruments - Summary of Comparison of Carrying and Fair Values for Each Classification of Financial Instrument (Detail) - CAD ($) $ in Millions	Apr. 30, 2024	Oct. 31, 2023
Financial assets
Interest-bearing deposits with banks	$ 38,459	$ 71,086
Securities
Trading	173,566	190,151
Investment, net of applicable allowance	238,987	219,579
Securities	412,553	409,730
Assets purchased under reverse repurchase agreements and securities borrowed	301,797	340,191
Loans, net of applicable allowance
Loans, net	960,539	852,773
Other
Derivatives	130,199	142,450
Deposits
Personal	499,882	441,946
Business and government	794,934	745,075
Bank	32,787	44,666
Deposits	1,327,603	1,231,687
Other
Obligations related to securities sold short	31,487	33,651
Obligations related to assets sold under repurchase agreements and securities loaned	279,721	335,238
Derivatives	136,568	142,629
Subordinated debentures	13,464	11,386
Financial assets classified as FVTPL [member]
Securities
Trading	172,641	180,651
Securities	172,641	180,651
Assets purchased under reverse repurchase agreements and securities borrowed	246,911	285,869
Loans, net of applicable allowance
Retail	598	114
Wholesale	25,524	5,629
Loans, net	26,122	5,743
Other
Derivatives	130,199	142,450
Other assets	10,159	7,579
Financial assets designated as FVTPL [member]
Financial assets
Interest-bearing deposits with banks	30,259	60,856
Securities
Trading	925	9,500
Securities	925	9,500
Loans, net of applicable allowance
Retail		362
Wholesale	1,838	3,619
Loans, net	1,838	3,981
Other
Other assets	8	5
Financial assets classified as FVOCI [member]
Securities
Investment, net of applicable allowance	138,417	127,624
Securities	138,417	127,624
Loans, net of applicable allowance
Retail	538	280
Wholesale	947	597
Loans, net	1,485	877
Financial assets designated as FVOCI [member]
Securities
Investment, net of applicable allowance	1,171	842
Securities	1,171	842
Financial liabilities classified as FVTPL [member]
Deposits
Personal	258	109
Business and government	205	174
Deposits	463	283
Other
Obligations related to securities sold short	31,487	33,651
Derivatives	136,568	142,629
Other liabilities	(1,280)	(937)
Financial liabilities designated as FVTPL [member]
Deposits
Personal	28,701	26,702
Business and government	148,861	137,454
Bank	4,341	11,462
Deposits	181,903	175,618
Other
Obligations related to assets sold under repurchase agreements and securities loaned	246,702	298,679
Other liabilities	2	11
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	8,200	10,230
Securities
Investment, net of applicable allowance	93,443	83,667
Securities	93,443	83,667
Assets purchased under reverse repurchase agreements and securities borrowed	54,886	54,322
Loans, net of applicable allowance
Retail	597,432	542,480
Wholesale	317,447	268,843
Loans, net	914,879	811,323
Other
Other assets	54,908	68,450
Fair value of financial instruments not measured at fair value [member] | Financial liabilities measured at amortized cost [member]
Deposits
Personal	470,299	412,886
Business and government	646,013	605,260
Bank	28,447	33,160
Deposits	1,144,759	1,051,306
Other
Obligations related to assets sold under repurchase agreements and securities loaned	33,019	36,559
Other liabilities	76,223	92,441
Subordinated debentures	13,484	11,213
Financial assets at carrying amount [member]
Financial assets
Interest-bearing deposits with banks	38,459	71,086
Securities
Trading	173,566	190,151
Investment, net of applicable allowance	238,987	219,579
Securities	412,553	409,730
Assets purchased under reverse repurchase agreements and securities borrowed	301,797	340,191
Loans, net of applicable allowance
Retail	609,543	567,132
Wholesale	350,996	285,641
Loans, net	960,539	852,773
Other
Derivatives	130,199	142,450
Other assets	65,075	76,034
Financial assets at carrying amount [member] | Financial assets measured at amortized cost [member]
Financial assets
Interest-bearing deposits with banks	8,200	10,230
Securities
Investment, net of applicable allowance	99,399	91,113
Securities	99,399	91,113
Assets purchased under reverse repurchase agreements and securities borrowed	54,886	54,322
Loans, net of applicable allowance
Retail	608,407	566,376
Wholesale	322,687	275,796
Loans, net	931,094	842,172
Other
Other assets	54,908	68,450
Financial assets at fair value [member]
Financial assets
Interest-bearing deposits with banks	38,459	71,086
Securities
Trading	173,566	190,151
Investment, net of applicable allowance	233,031	212,133
Securities	406,597	402,284
Assets purchased under reverse repurchase agreements and securities borrowed	301,797	340,191
Loans, net of applicable allowance
Retail	598,568	543,236
Wholesale	345,756	278,688
Loans, net	944,324	821,924
Other
Derivatives	130,199	142,450
Other assets	65,075	76,034
Financial liabilities at carrying amount [member]
Deposits
Personal	499,882	441,946
Business and government	794,934	745,075
Bank	32,787	44,666
Deposits	1,327,603	1,231,687
Other
Obligations related to securities sold short	31,487	33,651
Obligations related to assets sold under repurchase agreements and securities loaned	279,721	335,238
Derivatives	136,568	142,629
Other liabilities	74,726	91,613
Subordinated debentures	13,464	11,386
Financial liabilities at carrying amount [member] | Financial liabilities measured at amortized cost [member]
Deposits
Personal	470,923	415,135
Business and government	645,868	607,447
Bank	28,446	33,204
Deposits	1,145,237	1,055,786
Other
Obligations related to assets sold under repurchase agreements and securities loaned	33,019	36,559
Other liabilities	76,004	92,539
Subordinated debentures	13,464	11,386
Financial liabilities at fair value [member]
Deposits
Personal	499,258	439,697
Business and government	795,079	742,888
Bank	32,788	44,622
Deposits	1,327,125	1,227,207
Other
Obligations related to securities sold short	31,487	33,651
Obligations related to assets sold under repurchase agreements and securities loaned	279,721	335,238
Derivatives	136,568	142,629
Other liabilities	74,945	91,515
Subordinated debentures	$ 13,484	$ 11,213

Fair value of financial instr_4

Fair value of financial instrument - Additional Information (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023
Disclosure of fair value measurement of assets and liabilities [line Items]
Transfers out of Level 2 to Level 1	$ 0	$ 0	$ 0	$ 0
Transfers out of Level 2 to Level 3	0	0	0	0
Investment U.S. federal, state, municipal and agencies [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Transfers out of Level 1 to Level 2	498		621	435
Trading U.S. federal, state, municipal and agencies debt [Member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Transfers out of Level 1 to Level 2	$ 258	$ 112	$ 258	$ 112

Fair value of financial instr_5

Fair value of financial instrument - Summary of Fair Value of Assets and Liabilities Measured at Fair Value on a Recurring Basis and Classified Using Fair Value Hierarchy (Detail) - CAD ($) $ in Millions	Apr. 30, 2024	Jan. 31, 2024	Oct. 31, 2023	Apr. 30, 2023	Jan. 31, 2023	Oct. 31, 2022
Financial assets
Interest-bearing deposits with banks	$ 38,459		$ 71,086
Trading
Trading securities	173,566		190,151
Investment
Assets purchased under reverse repurchase agreements and securities borrowed	301,797		340,191
Loans	960,539		852,773
Derivatives
Derivatives	130,199		142,450
Deposits
Personal	499,882		441,946
Business and government	794,934		745,075
Bank	32,787		44,666
Other
Obligations related to securities sold short	31,487		33,651
Obligations related to assets sold under repurchase agreements and securities loaned	279,721		335,238
Derivatives
Total derivatives	136,568		142,629
Netting adjustments [member]
Derivatives
Impact on Positive fair values (Derivative assets) of netting agreements that qualify for balance sheet offset	(1,473)		(1,544)
Financial assets	(1,473)		(1,544)
Derivatives
Impact on Negative fair values (Derivative liabilities) of netting agreements that qualify for balance sheet offset	(1,473)		(1,544)
Financial liabilities	(1,473)		(1,544)
Total gross fair value [member] | Level 1 [member]
Trading
Trading securities	89,797		89,805
Investment
Investment securities	7,671		3,044
Derivatives
Total gross derivatives, assets	2,577		2,352
Other assets	5,001		4,152
Financial assets	105,046		99,353
Other
Obligations related to securities sold short	13,549		14,391
Derivatives
Total gross derivatives, liabilities	2,982		3,119
Other liabilities	451		370
Financial liabilities	16,982		17,880
Total gross fair value [member] | Level 2 [member]
Financial assets
Interest-bearing deposits with banks	30,259		60,856
Trading
Trading securities	81,377		98,080
Investment
Investment securities	131,267		124,778
Assets purchased under reverse repurchase agreements and securities borrowed	246,911		285,869
Loans	27,608		8,742
Derivatives
Total gross derivatives, assets	128,795		141,233
Other assets	5,157		3,421
Financial assets	651,374		722,979
Deposits
Personal	28,326		26,428
Business and government	149,066		137,628
Bank	4,341		11,462
Other
Obligations related to securities sold short	17,938		19,260
Obligations related to assets sold under repurchase agreements and securities loaned	246,702		298,679
Derivatives
Total gross derivatives, liabilities	133,781		139,499
Other liabilities	(1,729)		(1,296)
Financial liabilities	578,425		631,660
Total gross fair value [member] | Level 3 [member]
Trading
Trading securities	2,392		2,266
Investment
Investment securities	650		644
Loans	1,837		1,859
Derivatives
Total gross derivatives, assets	300		409
Other assets	9		11
Financial assets	5,188		5,189
Deposits
Personal	633		383
Derivatives
Total gross derivatives, liabilities	1,278		1,555
Financial liabilities	1,911		1,938
Total gross fair value [member] | Canadian government debt - issued or guaranteed, Federal [member] | Level 1 [member]
Trading
Trading securities	16,894		26,675
Investment
Investment securities	4,408		2,731
Total gross fair value [member] | Canadian government debt - issued or guaranteed, Federal [member] | Level 2 [member]
Trading
Trading securities	2,133		2,581
Investment
Investment securities	10,312		3,528
Total gross fair value [member] | Canadian government debt - issued or guaranteed, Provincial and municipal [member] | Level 2 [member]
Trading
Trading securities	15,795		16,389
Investment
Investment securities	3,542		2,748
Total gross fair value [member] | U.S. federal state municipal and agencies debt issued or guaranteed [member] | Level 1 [member]
Trading
Trading securities	1,570		2,249
Investment
Investment securities	865		275
Total gross fair value [member] | U.S. federal state municipal and agencies debt issued or guaranteed [member] | Level 2 [member]
Trading
Trading securities	33,957		50,439
Investment
Investment securities	70,701		73,020
Total gross fair value [member] | Other OECD government debt - issued or guaranteed [member] | Level 1 [member]
Trading
Trading securities	2,345		2,055
Investment
Investment securities	2,007
Total gross fair value [member] | Other OECD government debt - issued or guaranteed [member] | Level 2 [member]
Trading
Trading securities	2,002		2,577
Investment
Investment securities	7,684		6,192
Total gross fair value [member] | Mortgage-backed securities [member] | Level 2 [member]
Trading
Trading securities	1		2
Investment
Investment securities	2,454		2,672
Total gross fair value [member] | Mortgage-backed securities [member] | Level 3 [member]
Investment
Investment securities	30		29
Total gross fair value [member] | Asset- backed securities, Non-CDO [member] | Level 2 [member]
Trading
Trading securities	1,200		1,245
Investment
Investment securities	494		441
Total gross fair value [member] | Corporate debt and other debt [member] | Level 2 [member]
Trading
Trading securities	24,011		22,615
Investment
Investment securities	27,244		27,574
Total gross fair value [member] | Corporate debt and other debt [member] | Level 3 [member]
Investment
Investment securities	144		149
Total gross fair value [member] | Equity securities [member] | Level 1 [member]
Trading
Trading securities	68,988		58,826
Investment
Investment securities	391		38
Total gross fair value [member] | Equity securities [member] | Level 2 [member]
Trading
Trading securities	2,278		2,232
Investment
Investment securities	304		338
Total gross fair value [member] | Equity securities [member] | Level 3 [member]
Trading
Trading securities	2,392		2,266
Investment
Investment securities	476		466
Total gross fair value [member] | Asset-backed securities, CDO [member] | Level 2 [member]
Investment
Investment securities	8,532		8,265
Total gross fair value [member] | Interest rate contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, assets	33,524		39,243
Total gross fair value [member] | Interest rate contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, assets	257		290
Total gross fair value [member] | Foreign exchange contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, assets	80,109		89,644
Total gross fair value [member] | Foreign exchange contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, assets	19		4
Total gross fair value [member] | Credit derivatives [member] | Level 2 [member]
Derivatives
Total gross derivatives, assets	242		224
Total gross fair value [member] | Other contracts [member] | Level 1 [member]
Derivatives
Total gross derivatives, assets	2,577		2,352
Total gross fair value [member] | Other contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, assets	16,216		13,927
Total gross fair value [member] | Other contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, assets	22		111
Total gross fair value [member] | Valuation adjustments [member] | Level 2 [member]
Derivatives
Total gross derivatives, assets	(1,296)		(1,805)
Total gross fair value [member] | Valuation adjustments [member] | Level 3 [member]
Derivatives
Total gross derivatives, assets	2		4
Total gross fair value [member] | Interest rate contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, liabilities	34,411		41,249
Total gross fair value [member] | Interest rate contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, liabilities	904		952
Total gross fair value [member] | Foreign exchange contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, liabilities	72,939		81,750
Total gross fair value [member] | Foreign exchange contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, liabilities	46		53
Total gross fair value [member] | Credit derivatives [member] | Level 2 [member]
Derivatives
Total gross derivatives, liabilities	209		176
Total gross fair value [member] | Other contracts [member] | Level 1 [member]
Derivatives
Total gross derivatives, liabilities	2,982		3,119
Total gross fair value [member] | Other contracts [member] | Level 2 [member]
Derivatives
Total gross derivatives, liabilities	26,779		17,306
Total gross fair value [member] | Other contracts [member] | Level 3 [member]
Derivatives
Total gross derivatives, liabilities	320		549
Total gross fair value [member] | Valuation adjustments [member] | Level 2 [member]
Derivatives
Total gross derivatives, liabilities	(557)		(982)
Total gross fair value [member] | Valuation adjustments [member] | Level 3 [member]
Derivatives
Total gross derivatives, liabilities	8		1
Recurring [member]
Financial assets
Interest-bearing deposits with banks	30,259		60,856
Trading
Trading securities	173,566		190,151
Investment
Investment securities	139,588		128,466
Assets purchased under reverse repurchase agreements and securities borrowed	246,911		285,869
Loans	29,445		10,601
Derivatives
Total gross derivatives, assets	131,672		143,994
Impact on Positive fair values (Derivative assets) of netting agreements that qualify for balance sheet offset	(1,473)		(1,544)
Derivatives	130,199		142,450
Other assets	10,167		7,584
Financial assets	760,135		825,977
Deposits
Personal	28,959		26,811
Business and government	149,066		137,628
Bank	4,341		11,462
Other
Obligations related to securities sold short	31,487		33,651
Obligations related to assets sold under repurchase agreements and securities loaned	246,702		298,679
Derivatives
Total gross derivatives, liabilities	138,041		144,173
Impact on Negative fair values (Derivative liabilities) of netting agreements that qualify for balance sheet offset	(1,473)		(1,544)
Total derivatives	136,568		142,629
Other liabilities	(1,278)		(926)
Financial liabilities	595,845		649,934
Recurring [member] | Level 3 [member]
Derivatives
Financial liabilities	(633)	$ (429)	(383)	$ (250)	$ (250)	$ (241)
Recurring [member] | Canadian government debt - issued or guaranteed, Federal [member]
Trading
Trading securities	19,027		29,256
Investment
Investment securities	14,720		6,259
Recurring [member] | Canadian government debt - issued or guaranteed, Provincial and municipal [member]
Trading
Trading securities	15,795		16,389
Investment
Investment securities	3,542		2,748
Recurring [member] | U.S. federal state municipal and agencies debt issued or guaranteed [member]
Trading
Trading securities	35,527		52,688
Investment
Investment securities	71,566		73,295
Recurring [member] | Other OECD government debt - issued or guaranteed [member]
Trading
Trading securities	4,347		4,632
Investment
Investment securities	9,691		6,192
Recurring [member] | Mortgage-backed securities [member]
Trading
Trading securities	1		2
Investment
Investment securities	2,484		2,701
Recurring [member] | Asset- backed securities, Non-CDO [member]
Trading
Trading securities	1,200		1,245
Investment
Investment securities	494		441
Recurring [member] | Corporate debt and other debt [member]
Trading
Trading securities	24,011		22,615
Investment
Investment securities	27,388		27,723
Recurring [member] | Equity securities [member]
Trading
Trading securities	73,658		63,324
Investment
Investment securities	1,171		842
Recurring [member] | Asset-backed securities, CDO [member]
Investment
Investment securities	8,532		8,265
Recurring [member] | Interest rate contracts [member]
Derivatives
Total gross derivatives, assets	33,781		39,533
Recurring [member] | Foreign exchange contracts [member]
Derivatives
Total gross derivatives, assets	80,128		89,648
Recurring [member] | Credit derivatives [member]
Derivatives
Total gross derivatives, assets	242		224
Recurring [member] | Other contracts [member]
Derivatives
Total gross derivatives, assets	18,815		16,390
Recurring [member] | Valuation adjustments [member]
Derivatives
Total gross derivatives, assets	(1,294)		(1,801)
Recurring [member] | Interest rate contracts [member]
Derivatives
Total gross derivatives, liabilities	35,315		42,201
Recurring [member] | Foreign exchange contracts [member]
Derivatives
Total gross derivatives, liabilities	72,985		81,803
Recurring [member] | Credit derivatives [member]
Derivatives
Total gross derivatives, liabilities	209		176
Recurring [member] | Other contracts [member]
Derivatives
Total gross derivatives, liabilities	30,081		20,974
Recurring [member] | Valuation adjustments [member]
Derivatives
Total gross derivatives, liabilities	$ (549)		$ (981)

Fair value of financial instr_6

Fair value of financial instrument - Summary of Fair Value of Assets and Liabilities Measured at Fair Value on a Recurring Basis and Classified Using Fair Value Hierarchy (Parenthetical) (Detail) - CAD ($) $ in Millions	Apr. 30, 2024	Oct. 31, 2023
Disclosure of Detailed Information about Financial Instruments [line Items]
Trading securities	$ 173,566	$ 190,151
Investment securities	238,987	219,579
Residential mortgage-backed securities [member]
Disclosure of Detailed Information about Financial Instruments [line Items]
Trading securities	14,233	14,345
Investment securities	24,951	24,365
Commercial mortgage-backed securities [member]
Disclosure of Detailed Information about Financial Instruments [line Items]
Trading securities	0	0
Investment securities	$ 2,324	$ 2,618

Fair value of financial instr_7

Fair value of financial instrument - Changes in Fair Value Measurement for Instruments Measured on a Recurring Basis and Categorized in Level 3 (Detail) - Recurring [member] - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance			$ 825,977
Fair value assets, ending balance	$ 760,135		760,135
Fair value liabilities, beginning balance			649,934
Fair value liabilities, ending balance	595,845		595,845
Level 3 [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	3,822	$ 4,066	3,634	$ 2,447
Gains (losses) included in earnings	(103)	5	(221)	(106)
Gains (losses) included in OCI	46	67	17	88
Purchases (issuances)	285	199	551	1,618
Settlement (sales) and other	(79)	(275)	(282)	(189)
Transfers into Level 3	(77)	(5)	(29)	51
Transfers out of Level 3	16	84	240	232
Fair value assets, ending balance	3,910	4,141	3,910	4,141
Gains (losses) included in earnings for positions still held	(65)	(67)	(102)	(73)
Fair value liabilities, beginning balance	(429)	(250)	(383)	(241)
Gains (losses) included in earnings	(4)	(7)	(51)	(27)
Gains (losses) included in OCI	(2)	(1)	1
Purchases (issuances)	(235)	(42)	(357)	(77)
Settlement (sales) and other	25	4	38	6
Transfers into Level 3	(89)	(17)	(90)	(51)
Transfers out of Level 3	101	63	209	140
Fair value liabilities, ending balance	(633)	(250)	(633)	(250)
Gains (losses) included in earnings for positions still held	6	(4)	(28)	(15)
Level 3 [member] | Investment [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	640	597	644	576
Gains (losses) included in OCI	10	22	10	45
Purchases (issuances)	3	1	3	1
Settlement (sales) and other	(5)	(7)	(9)	(9)
Transfers into Level 3	2		2
Fair value assets, ending balance	650	613	650	613
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	30	28	29	28
Gains (losses) included in OCI		(2)	1	(2)
Purchases (issuances)		1		1
Fair value assets, ending balance	30	27	30	27
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	148	149	149	151
Gains (losses) included in OCI	1	8	4	7
Settlement (sales) and other	(5)	(7)	(9)	(8)
Fair value assets, ending balance	144	150	144	150
Level 3 [member] | Equities [member] | Investment [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	462	420	466	397
Gains (losses) included in OCI	9	16	5	40
Purchases (issuances)	3		3
Settlement (sales) and other				(1)
Transfers into Level 3	2		2
Fair value assets, ending balance	476	436	476	436
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	(535)	(654)	(662)	(859)
Gains (losses) included in earnings	(77)	(1)	3	4
Gains (losses) included in OCI				5
Purchases (issuances)	(26)	12	(14)	(8)
Settlement (sales) and other	(3)	2	13	175
Transfers into Level 3	(5)	5	12	23
Transfers out of Level 3	(1)	(2)	1	22
Fair value assets, ending balance	(647)	(638)	(647)	(638)
Gains (losses) included in earnings for positions still held	(62)	(4)	17	9
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	(49)	(63)	(49)	(132)
Gains (losses) included in earnings	10	(4)	(1)	1
Gains (losses) included in OCI	4	3	5	11
Purchases (issuances)	10	(3)	15	1
Settlement (sales) and other	(2)		3	37
Transfers into Level 3	2		2
Transfers out of Level 3	(2)	11	(2)	26
Fair value assets, ending balance	(27)	(56)	(27)	(56)
Gains (losses) included in earnings for positions still held	13	(24)	3	(4)
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	(349)	(547)	(438)	(785)
Gains (losses) included in earnings	8	92	(115)	37
Gains (losses) included in OCI	(8)	(7)	6	10
Purchases (issuances)	(33)	(30)	(48)	(38)
Settlement (sales) and other	3	4	1	66
Transfers into Level 3	(79)	(28)	(86)	(59)
Transfers out of Level 3	160	103	382	356
Fair value assets, ending balance	(298)	(413)	(298)	(413)
Gains (losses) included in earnings for positions still held		21	(64)	30
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	4	17	3	53
Purchases (issuances)	(2)		(1)
Settlement (sales) and other	(8)	(1)	(8)	(37)
Fair value assets, ending balance	(6)	16	(6)	16
Level 3 [member] | Other assets [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	10	13	11	15
Settlement (sales) and other	(1)		(2)	(2)
Fair value assets, ending balance	9	13	9	13
Level 3 [member] | Loans [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	1,815	2,597	1,859	1,692
Gains (losses) included in earnings	(8)	26	(54)	(26)
Gains (losses) included in OCI	12	30	4	23
Purchases (issuances)	202	46	367	1,239
Settlement (sales) and other	(47)	(261)	(240)	(381)
Transfers into Level 3	3		41	28
Transfers out of Level 3	(140)	(28)	(140)	(165)
Fair value assets, ending balance	1,837	2,410	1,837	2,410
Gains (losses) included in earnings for positions still held	(4)	27	(50)	3
Level 3 [member] | Trading Securities [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	2,286	2,106	2,266	1,887
Gains (losses) included in earnings	(36)	(108)	(54)	(122)
Gains (losses) included in OCI	28	19	(8)	(6)
Purchases (issuances)	131	173	229	423
Settlement (sales) and other	(16)	(12)	(40)	(38)
Transfers into Level 3		18		59
Transfers out of Level 3	(1)		(1)	(7)
Fair value assets, ending balance	2,392	2,196	2,392	2,196
Gains (losses) included in earnings for positions still held	(12)	(87)	(8)	(111)
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
Settlement (sales) and other				(4)
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
Settlement (sales) and other				(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
Purchases (issuances)		2		2
Transfers into Level 3		17		17
Transfers out of Level 3				(7)
Fair value assets, ending balance		19		19
Level 3 [member] | Trading Securities [member] | Equities [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value assets, beginning balance	2,286	2,106	2,266	1,874
Gains (losses) included in earnings	(36)	(108)	(54)	(122)
Gains (losses) included in OCI	28	19	(8)	(6)
Purchases (issuances)	131	171	229	421
Settlement (sales) and other	(16)	(12)	(40)	(32)
Transfers into Level 3		1		42
Transfers out of Level 3	(1)		(1)
Fair value assets, ending balance	2,392	2,177	2,392	2,177
Gains (losses) included in earnings for positions still held	(12)	(87)	(8)	(111)
Level 3 [member] | Deposits - Personal [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Fair value liabilities, beginning balance	(429)	(250)	(383)	(241)
Gains (losses) included in earnings	(4)	(7)	(51)	(27)
Gains (losses) included in OCI	(2)	(1)	1
Purchases (issuances)	(235)	(42)	(357)	(77)
Settlement (sales) and other	25	4	38	6
Transfers into Level 3	(89)	(17)	(90)	(51)
Transfers out of Level 3	101	63	209	140
Fair value liabilities, ending balance	(633)	(250)	(633)	(250)
Gains (losses) included in earnings for positions still held	$ 6	$ (4)	$ (28)	$ (15)

Fair value of financial instr_8

Fair value of financial instrument - Changes in Fair Value Measurement for Instruments Measured on a Recurring Basis and Categorized in Level 3 (Parenthetical) (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023	Oct. 31, 2023
Disclosure of fair value measurement of assets and liabilities [line Items]
Derivative assets	$ 130,199		$ 130,199		$ 142,450
Derivative liabilities	136,568		136,568		142,629
Recurring [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Derivative assets	130,199		130,199		142,450
Derivative liabilities	136,568		136,568		$ 142,629
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	0	$ 12	10	$ 30
Net derivative balances, category [Member] | Level 3 [member] | Recurring [member]
Disclosure of fair value measurement of assets and liabilities [line Items]
Derivative assets	300	362	300	362
Derivative liabilities	$ 1,278	$ 1,453	$ 1,278	$ 1,453

Fair value of financial instr_9

Fair value of financial instruments - Summary of Net Interest Income From Financial Instruments (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023
Disclosure of detailed information about financial instruments [line items]
Interest income	$ 25,754	$ 20,318	$ 51,363	$ 39,655
Interest expense	19,131	14,219	38,408	27,354
Net interest income	6,623	6,099	12,955	12,301
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	9,431	6,948	18,905	13,657
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	1,627	1,114	3,235	2,056
Interest and dividend income [member] | Financial assets measured at amortized cost [member]
Disclosure of detailed information about financial instruments [line items]
Interest income	14,696	12,256	29,223	23,942
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	8,711	6,275	17,795	12,515
Interest expense [member] | Financial liabilities measured at amortized cost [member]
Disclosure of detailed information about financial instruments [line items]
Interest expense	$ 10,420	$ 7,944	$ 20,613	$ 14,839

Fair value of financial inst_10

Fair value of financial instruments - Summary of Net Interest Income From Financial Instruments (Parenthetical) (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023
Disclosure of detailed information about financial instruments [line items]
Excludes interest and dividend income in Insurance investment result	$ 162	$ 225	$ 434	$ 368
Excludes interest expense in Insurance investment result	12	13	23	17
Dividend income	$ 776	$ 801	$ 1,733	$ 1,593

Securities - Summary of Unreali

Securities - Summary of Unrealized Gains and Losses on Securities at Fair Value through Other Comprehensive Income (Detail) - CAD ($) $ in Millions	Apr. 30, 2024	Oct. 31, 2023
Disclosure of financial assets [line items]
Cost/Amortized cost	$ 140,600	$ 131,312
Gross unrealized gains	913	753
Gross unrealized losses	(1,925)	(3,599)
Fair value	139,588	128,466
Canadian government debt - issued or guaranteed, Federal [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	14,736	6,609
Gross unrealized gains	7	1
Gross unrealized losses	(23)	(351)
Fair value	14,720	6,259
Canadian government debt - issued or guaranteed, Provincial and municipal [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	3,553	3,396
Gross unrealized gains	25	2
Gross unrealized losses	(36)	(650)
Fair value	3,542	2,748
U.S. federal, state, municipal and agencies debt - issued or guaranteed [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	72,997	75,326
Gross unrealized gains	299	343
Gross unrealized losses	(1,730)	(2,374)
Fair value	71,566	73,295
Other OECD government debt - issued or guaranteed [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	9,710	6,200
Gross unrealized gains	13	1
Gross unrealized losses	(32)	(9)
Fair value	9,691	6,192
Mortgage-backed securities [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	2,512	2,762
Gross unrealized gains	2
Gross unrealized losses	(30)	(61)
Fair value	2,484	2,701
Asset-backed securities, CDO [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	8,525	8,308
Gross unrealized gains	8	3
Gross unrealized losses	(1)	(46)
Fair value	8,532	8,265
Asset-backed securities, Non CDO [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	496	444
Gross unrealized gains	2	2
Gross unrealized losses	(4)	(5)
Fair value	494	441
Corporate debt and other debt [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	27,352	27,774
Gross unrealized gains	99	44
Gross unrealized losses	(63)	(95)
Fair value	27,388	27,723
Equities [member]
Disclosure of financial assets [line items]
Cost/Amortized cost	719	493
Gross unrealized gains	458	357
Gross unrealized losses	(6)	(8)
Fair value	$ 1,171	$ 842

Securities - Summary of Unrea_2

Securities - Summary of Unrealized Gains and Losses on Securities at Fair Value through Other Comprehensive Income (Parenthetical) (Detail) - CAD ($) $ in Millions	Apr. 30, 2024	Oct. 31, 2023
Disclosure of financial assets [line items]
Amortized cost	$ 140,600	$ 131,312
Allowance for credit losses on debt securities at FVOCI	(33)	(33)
Held-to-collect securities category [member]
Disclosure of financial assets [line items]
Amortized cost	$ 99,399	$ 91,113

Securities - Summary of Allowan

Securities - Summary of Allowance for Credit Losses - Securities at FVOCI (Detail) - Debt securities at fair value through other comprehensive income [member] - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023
Disclosure of financial assets [line items]
Balance at beginning of period	$ (33)	$ (19)	$ (33)	$ (19)
Provision for credit losses
Purchases	3	1	6	3
Sales and maturities	(1)	(1)	(2)	(1)
Changes in risk, parameters and exposures	(3)	(1)	(7)	(4)
Exchange rate and other	1		3	1
Balance at end of period	(33)	(20)	(33)	(20)
Performing Stage one [member]
Disclosure of financial assets [line items]
Balance at beginning of period	4	4	4	3
Provision for credit losses
Purchases	3	1	6	3
Sales and maturities	(1)	(1)	(2)	(1)
Changes in risk, parameters and exposures	(1)		(3)	(1)
Exchange rate and other	1	(1)	1	(1)
Balance at end of period	6	3	6	3
Performing Stage two [member]
Disclosure of financial assets [line items]
Balance at beginning of period		1		1
Provision for credit losses
Changes in risk, parameters and exposures		2		2
Exchange rate and other		(1)		(1)
Balance at end of period		2		2
Impaired Stage three [member]
Disclosure of financial assets [line items]
Balance at beginning of period	(37)	(24)	(37)	(23)
Provision for credit losses
Changes in risk, parameters and exposures	(2)	(3)	(4)	(5)
Exchange rate and other		2	2	3
Balance at end of period	$ (39)	$ (25)	$ (39)	$ (25)

Securities - Summary of Allow_2

Securities - Summary of Allowance for Credit Losses - Securities at Amortized Cost (Detail) - Debt securities at amortized cost [member] - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 23	$ 23	$ 23	$ 22
Provision for credit losses
Purchases	1	1	4	5
Changes in risk, parameters and exposures	(3)	(3)	(5)	(6)
Exchange rate and other		1	(1)	1
Balance at end of period	21	22	21	22
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	9	10	8	8
Provision for credit losses
Purchases	1	1	4	5
Changes in risk, parameters and exposures	(2)	(3)	(4)	(5)
Exchange rate and other		1		1
Balance at end of period	8	9	8	9
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	14	13	15	14
Provision for credit losses
Changes in risk, parameters and exposures	(1)		(1)	(1)
Exchange rate and other			(1)
Balance at end of period	$ 13	$ 13	$ 13	$ 13

Securities - Summary of Credit

Securities - Summary of Credit Risk Exposure by Internal Risk Rating (Detail) - CAD ($) $ in Millions	Apr. 30, 2024	Oct. 31, 2023
Disclosure of credit risk exposure [line items]
Amortized cost	$ 140,600	$ 131,312
Securities measured at fair value through other comprehensive income [member]
Disclosure of credit risk exposure [line items]
Investment grade	137,425	126,733
Non-investment grade	849	742
Impaired	143	149
Carrying amount of securities measured at FVOCI subject to impairment	138,417	127,624
Items not subject to impairment	1,171	842
Carrying amount of securities measured at FVOCI	139,588	128,466
Securities measured at amortized cost [member]
Disclosure of credit risk exposure [line items]
Investment grade	98,500	89,947
Non-investment grade	920	1,189
Amount before allowance for credit losses	99,420	91,136
Allowance for credit losses	21	23
Amortized cost	99,399	91,113
Performing Stage one [member] | Securities measured at fair value through other comprehensive income [member]
Disclosure of credit risk exposure [line items]
Investment grade	137,417	126,732
Non-investment grade	849	742
Carrying amount of securities measured at FVOCI subject to impairment	138,266	127,474
Performing Stage one [member] | Securities measured at amortized cost [member]
Disclosure of credit risk exposure [line items]
Investment grade	98,500	89,947
Non-investment grade	761	990
Amount before allowance for credit losses	99,261	90,937
Allowance for credit losses	8	8
Amortized cost	99,253	90,929
Performing Stage two [member] | Securities measured at fair value through other comprehensive income [member]
Disclosure of credit risk exposure [line items]
Investment grade	8	1
Carrying amount of securities measured at FVOCI subject to impairment	8	1
Performing Stage two [member] | Securities measured at amortized cost [member]
Disclosure of credit risk exposure [line items]
Non-investment grade	159	199
Amount before allowance for credit losses	159	199
Allowance for credit losses	13	15
Amortized cost	146	184
Impaired Stage three [member] | Securities measured at fair value through other comprehensive income [member]
Disclosure of credit risk exposure [line items]
Impaired	143	149
Carrying amount of securities measured at FVOCI subject to impairment	$ 143	$ 149

Securities - Summary of Credi_2

Securities - Summary of Credit Risk Exposure by Internal Risk Rating (Parenthetical) (Detail) - CAD ($) $ in Millions	Apr. 30, 2024	Oct. 31, 2023
Purchased Credit Impaired [member]
Disclosure of credit risk exposure [line items]
Securities at Fair Value Through Other Comprehensive Income	$ 143	$ 149

Loans and Allowance for Credi_3

Loans and Allowance for Credit Losses - Disclosure of Allowance for Credit Losses (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023
Customers' liability under acceptances [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 43	$ 41	$ 50	$ 45
Provision for credit losses	8	(1)	1	(5)
Exchange rate changes/other		1		1
Balance at end of period	51	41	51	41
Allowance for credit losses [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	5,630	4,449	5,348	4,181
Provision for credit losses	916	614	1,734	1,144
Net write-offs	(476)	(278)	(930)	(494)
Exchange rate changes/other	4	(8)	(78)	(54)
Balance at end of period	6,074	4,777	6,074	4,777
Allowance for credit losses [member] | Allowance for loan losses [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	5,299	3,999	5,004	3,753
Balance at end of period	5,715	4,332	5,715	4,332
Allowance for credit losses [member] | Other liabilities – Provisions [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	282	403	288	378
Balance at end of period	302	397	302	397
Allowance for credit losses [member] | Customers' liability under acceptances [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	43	41	50	45
Balance at end of period	51	41	51	41
Allowance for credit losses [member] | Other components of equity [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	6	6	6	5
Balance at end of period	6	7	6	7
Retail [member] | Residential mortgages [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	542	469	481	432
Provision for credit losses	28	11	102	62
Net write-offs	(5)	(4)	(6)	(9)
Exchange rate changes/other	4	4	(8)	(5)
Balance at end of period	569	480	569	480
Retail [member] | Personal [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	1,287	1,129	1,228	1,043
Provision for credit losses	213	136	415	305
Net write-offs	(134)	(98)	(273)	(181)
Exchange rate changes/other	5	(2)	1	(2)
Balance at end of period	1,371	1,165	1,371	1,165
Retail [member] | Credit cards [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	1,101	926	1,069	893
Provision for credit losses	223	169	406	305
Net write-offs	(185)	(115)	(335)	(217)
Exchange rate changes/other			(1)	(1)
Balance at end of period	1,139	980	1,139	980
Retail [member] | Small business [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	212	204	194	194
Provision for credit losses	39	30	76	47
Net write-offs	(19)	(7)	(34)	(16)
Exchange rate changes/other	(2)	(2)	(6)
Balance at end of period	230	225	230	225
Wholesale [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	2,445	1,680	2,326	1,574
Provision for credit losses	405	269	734	430
Net write-offs	(133)	(54)	(282)	(71)
Exchange rate changes/other	(3)	(9)	(64)	(47)
Balance at end of period	$ 2,714	$ 1,886	$ 2,714	$ 1,886

Loans and Allowance for Credi_4

Loans and Allowance for Credit Losses - Reconciliation of Allowance for Credit Losses - Residential Mortgages (Detail) - Retail [member] - Residential mortgages [member] - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 542	$ 469	$ 481	$ 432
Provision for credit losses
Originations	32	13	51	43
Maturities	(7)	(4)	(15)	(10)
Changes in risk, parameters and exposures	3	2	66	29
Write-offs	(7)	(8)	(11)	(16)
Recoveries	2	4	5	7
Exchange rate and other	4	4	(8)	(5)
Balance at end of period	569	480	569	480
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	245	254	223	235
Provision for credit losses
Transfers to Stage 1	16	19	33	32
Transfers to Stage 2	(4)	(13)	(10)	(19)
Transfers to Stage 3	(1)	(1)	(2)	(1)
Originations	32	13	51	43
Maturities	(4)	(4)	(8)	(8)
Changes in risk, parameters and exposures	(43)	(31)	(44)	(44)
Exchange rate and other	4	1	2
Balance at end of period	245	238	245	238
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	110	82	90	65
Provision for credit losses
Transfers to Stage 1	(16)	(19)	(33)	(32)
Transfers to Stage 2	8	15	18	25
Transfers to Stage 3	(8)	(2)	(16)	(5)
Maturities	(3)		(7)	(2)
Changes in risk, parameters and exposures	27	26	67	51
Exchange rate and other		1	(1)	1
Balance at end of period	118	103	118	103
Impaired Stage three [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	187	133	168	132
Provision for credit losses
Transfers to Stage 2	(4)	(2)	(8)	(6)
Transfers to Stage 3	9	3	18	6
Changes in risk, parameters and exposures	19	7	43	22
Write-offs	(7)	(8)	(11)	(16)
Recoveries	2	4	5	7
Exchange rate and other		2	(9)	(6)
Balance at end of period	$ 206	$ 139	$ 206	$ 139

Loans and Allowance for Credi_5

Loans and Allowance for Credit Losses - Reconciliation of Allowance for Credit Losses - Personal (Detail) - Retail [member] - Personal [member] - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 1,287	$ 1,129	$ 1,228	$ 1,043
Provision for credit losses
Originations	39	25	61	48
Maturities	(49)	(35)	(107)	(72)
Changes in risk, parameters and exposures	223	146	461	329
Write-offs	(166)	(124)	(335)	(236)
Recoveries	32	26	62	55
Exchange rate and other	5	(2)	1	(2)
Balance at end of period	1,371	1,165	1,371	1,165
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	280	286	280	285
Provision for credit losses
Transfers to Stage 1	134	147	259	297
Transfers to Stage 2	(18)	(20)	(37)	(43)
Transfers to Stage 3		(1)	(1)	(1)
Originations	39	25	61	48
Maturities	(9)	(10)	(21)	(22)
Changes in risk, parameters and exposures	(128)	(130)	(242)	(268)
Exchange rate and other	(2)	1	(3)	2
Balance at end of period	296	298	296	298
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	843	725	793	661
Provision for credit losses
Transfers to Stage 1	(134)	(146)	(259)	(296)
Transfers to Stage 2	19	21	39	44
Transfers to Stage 3	(31)	(12)	(59)	(25)
Maturities	(40)	(25)	(86)	(50)
Changes in risk, parameters and exposures	226	184	455	415
Exchange rate and other	4		4	(2)
Balance at end of period	887	747	887	747
Impaired Stage three [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	164	118	155	97
Provision for credit losses
Transfers to Stage 1		(1)		(1)
Transfers to Stage 2	(1)	(1)	(2)	(1)
Transfers to Stage 3	31	13	60	26
Changes in risk, parameters and exposures	125	92	248	182
Write-offs	(166)	(124)	(335)	(236)
Recoveries	32	26	62	55
Exchange rate and other	3	(3)		(2)
Balance at end of period	$ 188	$ 120	$ 188	$ 120

Loans and Allowance for Credi_6

Loans and Allowance for Credit Losses - Reconciliation of Allowance for Credit Losses - Credit Cards (Detail) - Retail [member] - Credit cards [member] - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 1,101	$ 926	$ 1,069	$ 893
Provision for credit losses
Originations	10	3	13	7
Maturities	(14)	(9)	(23)	(17)
Changes in risk, parameters and exposures	227	175	416	315
Write-offs	(201)	(159)	(460)	(301)
Recoveries	16	44	125	84
Exchange rate and other			(1)	(1)
Balance at end of period	1,139	980	1,139	980
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	188	184	203	177
Provision for credit losses
Transfers to Stage 1	138	125	275	289
Transfers to Stage 2	(27)	(22)	(55)	(42)
Transfers to Stage 3		(1)	(1)	(1)
Originations	10	3	13	7
Maturities	(1)	(1)	(2)	(2)
Changes in risk, parameters and exposures	(116)	(89)	(241)	(228)
Exchange rate and other				(1)
Balance at end of period	192	199	192	199
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	913	742	866	716
Provision for credit losses
Transfers to Stage 1	(138)	(125)	(275)	(289)
Transfers to Stage 2	27	22	55	42
Transfers to Stage 3	(118)	(98)	(226)	(192)
Maturities	(13)	(8)	(21)	(15)
Changes in risk, parameters and exposures	277	248	549	519
Exchange rate and other	(1)		(1)
Balance at end of period	947	781	947	781
Impaired Stage three [member]
Provision for credit losses
Transfers to Stage 3	118	99	227	193
Changes in risk, parameters and exposures	66	16	108	24
Write-offs	(201)	(159)	(460)	(301)
Recoveries	16	$ 44	$ 125	$ 84
Exchange rate and other	$ 1

Loans and Allowance for Credi_7

Loans and Allowance for Credit Losses - Reconciliation of Allowance for Credit Losses - Small Business (Detail) - Retail [member] - Small business [member] - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 212	$ 204	$ 194	$ 194
Provision for credit losses
Originations	11	8	20	16
Maturities	(9)	(7)	(17)	(17)
Changes in risk, parameters and exposures	37	29	73	48
Write-offs	(22)	(10)	(40)	(21)
Recoveries	3	3	6	5
Exchange rate and other	(2)	(2)	(6)
Balance at end of period	230	225	230	225
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	72	73	70	73
Provision for credit losses
Transfers to Stage 1	7	8	12	18
Transfers to Stage 2	(4)	(4)	(9)	(7)
Transfers to Stage 3		(1)		(1)
Originations	11	8	20	16
Maturities	(4)	(3)	(7)	(7)
Changes in risk, parameters and exposures	(8)	(6)	(13)	(18)
Exchange rate and other		1	1	2
Balance at end of period	74	76	74	76
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	74	73	66	73
Provision for credit losses
Transfers to Stage 1	(7)	(8)	(12)	(18)
Transfers to Stage 2	4	4	9	7
Transfers to Stage 3	(3)	(2)	(5)	(4)
Maturities	(5)	(4)	(10)	(10)
Changes in risk, parameters and exposures	15	15	30	28
Exchange rate and other		1		3
Balance at end of period	78	79	78	79
Impaired Stage three [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	66	58	58	48
Provision for credit losses
Transfers to Stage 3	3	3	5	5
Changes in risk, parameters and exposures	30	20	56	38
Write-offs	(22)	(10)	(40)	(21)
Recoveries	3	3	6	5
Exchange rate and other	(2)	(4)	(7)	(5)
Balance at end of period	$ 78	$ 70	$ 78	$ 70

Loans and Allowance for Credi_8

Loans and Allowance for Credit Losses - Reconciliation of Allowance for Credit Losses - Wholesale (Detail) - Wholesale [member] - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023
Disclosure of credit risk exposure [line items]
Balance at beginning of period	$ 2,445	$ 1,680	$ 2,326	$ 1,574
Provision for credit losses
Originations	245	159	369	312
Maturities	(190)	(156)	(374)	(345)
Changes in risk, parameters and exposures	350	266	739	463
Write-offs	(150)	(60)	(310)	(86)
Recoveries	17	6	28	15
Exchange rate and other	(3)	(9)	(64)	(47)
Balance at end of period	2,714	1,886	2,714	1,886
Performing Stage one [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	709	600	774	597
Provision for credit losses
Transfers to Stage 1	52	49	102	100
Transfers to Stage 2	(40)	(15)	(95)	(35)
Transfers to Stage 3	(1)	(1)	(4)	(4)
Originations	245	159	369	312
Maturities	(95)	(98)	(192)	(216)
Changes in risk, parameters and exposures	(90)	(31)	(191)	(86)
Exchange rate and other	(23)	5	(6)
Balance at end of period	757	668	757	668
Performing Stage two [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	853	612	785	585
Provision for credit losses
Transfers to Stage 1	(51)	(49)	(101)	(100)
Transfers to Stage 2	41	15	99	36
Transfers to Stage 3	(38)	(13)	(47)	(27)
Maturities	(95)	(58)	(182)	(129)
Changes in risk, parameters and exposures	201	119	374	269
Exchange rate and other	13	6	(4)	(2)
Balance at end of period	924	632	924	632
Impaired Stage three [member]
Disclosure of credit risk exposure [line items]
Balance at beginning of period	883	468	767	392
Provision for credit losses
Transfers to Stage 1	(1)		(1)
Transfers to Stage 2	(1)		(4)	(1)
Transfers to Stage 3	39	14	51	31
Changes in risk, parameters and exposures	239	178	556	280
Write-offs	(150)	(60)	(310)	(86)
Recoveries	17	6	28	15
Exchange rate and other	7	(20)	(54)	(45)
Balance at end of period	$ 1,033	$ 586	$ 1,033	$ 586

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
	Dec. 31, 2024	Sep. 30, 2024	Jun. 30, 2024	Jun. 30, 2025	Oct. 31, 2024	Jun. 30, 2029	Oct. 31, 2028
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				28
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						42
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				79	81
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						67	67
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				101
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		6.50%	6.20%
US unemployment rate [member] | Quarterly Average [Member]
Statement [Line Items]
Average value macroeconomic drivers percentage			3.90%
Canada GDP growth rate [member] | Above Q4 2023 levels [Member]
Statement [Line Items]
Average value macroeconomic drivers percentage	1.80%
U.S. GDP growth rate [member] | Above Q4 2023 levels [Member]
Statement [Line Items]
Average value macroeconomic drivers percentage	1.70%
Canadian housing price index [member] | Base Scenario [member] | Next Twelve Months [Member]
Statement [Line Items]
Average value macroeconomic drivers percentage					1.60%
Canadian housing price index [member] | Base Scenario [member] | Next Two To Five Years [Member]
Statement [Line Items]
Average value macroeconomic drivers percentage						3.30%	5%
Canadian housing price index growth rate [member] | Base Scenario [member] | Next Twelve Months [Member]
Statement [Line Items]
Average value macroeconomic drivers percentage				2.40%
Canadian housing price index growth rate [member] | Upside Scenario [member] | Next Twelve Months [Member]
Statement [Line Items]
Average value macroeconomic drivers percentage				10.90%
Canadian housing price index growth rate [member] | Upside Scenario [member] | Next Two To Five Years [Member]
Statement [Line Items]
Average value macroeconomic drivers percentage						9.60%
Canadian housing price index growth rate [member] | Alternative Downside Scenario [Member] | Next Twelve Months [Member]
Statement [Line Items]
Average value macroeconomic drivers percentage				(30.00%)
Canadian housing price index growth rate [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	Apr. 30, 2024	Oct. 31, 2023
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 468,777	$ 434,025
Items not subject to impairment	598	476
Gross carrying amount of financial assets	469,375	434,501
Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	381,353	350,631
Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	23,144	20,736
High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	7,960	6,509
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	55,337	55,467
Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	983	682
Stage one loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	455,951	423,956
Stage one loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	379,025	349,001
Stage one loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	21,141	19,126
Stage one loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,838	1,582
Stage one loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	53,947	54,247
Stage two loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	11,843	9,387
Stage two loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	2,328	1,630
Stage two loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	2,003	1,610
Stage two loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	6,122	4,927
Stage two loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,390	1,220
Stage three loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	983	682
Stage three loan [member] | Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 983	$ 682

Loans and Allowance for Cred_11

Loans and Allowance for Credit Losses - Summary of Gross Carrying Amount of Loans Measured at Amortized Cost - Personal (Detail) - Personal [member] - Retail loans [member] - CAD ($) $ in Millions	Apr. 30, 2024	Oct. 31, 2023
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 104,135	$ 98,734
Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	81,452	77,248
Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	9,293	8,502
High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	2,787	2,565
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	10,236	10,139
Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	367	280
Stage one loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	96,616	91,618
Stage one loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	79,713	75,572
Stage one loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	6,423	5,587
Stage one loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	576	477
Stage one loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	9,904	9,982
Stage two loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	7,152	6,836
Stage two loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,739	1,676
Stage two loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	2,870	2,915
Stage two loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	2,211	2,088
Stage two loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	332	157
Stage three loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	367	280
Stage three loan [member] | Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 367	$ 280

Loans and Allowance for Cred_12

Loans and Allowance for Credit Losses - Summary of Gross Carrying Amount of Loans Measured at Amortized Cost - Credit Cards (Detail) - Credit cards [member] - Retail loans [member] - CAD ($) $ in Millions	Apr. 30, 2024	Oct. 31, 2023
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 24,388	$ 23,035
Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	17,100	16,466
Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	4,230	3,903
High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	2,164	1,775
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	894	891
Stage one loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	19,733	18,999
Stage one loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	16,932	16,331
Stage one loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,888	1,771
Stage one loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	51	41
Stage one loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	862	856
Stage two loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	4,655	4,036
Stage two loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	168	135
Stage two loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	2,342	2,132
Stage two loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	2,113	1,734
Stage two loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 32	$ 35

Loans and Allowance for Cred_13

Loans and Allowance for Credit Losses - Summary of Gross Carrying Amount of Loans Measured at Amortized Cost - Small Business (Detail) - Small business [member] - Retail loans [member] - CAD ($) $ in Millions	Apr. 30, 2024	Oct. 31, 2023
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 14,789	$ 13,681
Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	10,112	9,561
Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	3,398	3,174
High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	980	691
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	8	11
Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	291	244
Stage one loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	11,794	10,989
Stage one loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	9,233	8,641
Stage one loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	2,412	2,238
Stage one loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	141	99
Stage one loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	8	11
Stage two loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	2,704	2,448
Stage two loan [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	879	920
Stage two loan [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	986	936
Stage two loan [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	839	592
Stage three loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	291	244
Stage three loan [member] | Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 291	$ 244

Loans and Allowance for Cred_14

Loans and Allowance for Credit Losses - Summary of Gross Carrying Amount of Loans Measured at Amortized Cost - Undrawn Loan Commitments Retail (Detail) - Undrawn loan commitments - retail [member] - Retail loans [member] - CAD ($) $ in Millions	Apr. 30, 2024	Oct. 31, 2023
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 297,447	$ 286,090
Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	278,027	266,819
Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	10,578	11,057
High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,289	1,390
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	7,553	6,824
Stage one exposure [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	295,596	284,610
Stage one exposure [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	277,233	266,209
Stage one exposure [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	10,211	10,759
Stage one exposure [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	786	956
Stage one exposure [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	7,366	6,686
Stage two exposure [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,851	1,480
Stage two exposure [member] | Low risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	794	610
Stage two exposure [member] | Medium risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	367	298
Stage two exposure [member] | High risk [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	503	434
Stage two exposure [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 187	$ 138

Loans and Allowance for Cred_15

Loans and Allowance for Credit Losses - Summary of Gross Carrying Amount of Loans Measured at Amortized Cost - Wholesale (Detail) - Wholesale [member] - Loans outstanding [member] - CAD ($) $ in Millions	Apr. 30, 2024	Oct. 31, 2023
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 326,205	$ 278,578
Items not subject to impairment	27,362	9,248
Gross carrying amount of financial assets	353,567	287,826
Investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	112,107	89,453
Non investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	196,928	175,421
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	13,479	11,206
Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	3,691	2,498
Stage one loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	296,751	256,216
Stage one loan [member] | Investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	110,383	89,037
Stage one loan [member] | Non investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	173,627	156,211
Stage one loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	12,741	10,968
Stage two loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	25,763	19,864
Stage two loan [member] | Investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	1,724	416
Stage two loan [member] | Non investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	23,301	19,210
Stage two loan [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	738	238
Stage three loan [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	3,691	2,498
Stage three loan [member] | Impaired [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 3,691	$ 2,498

Loans and Allowance for Cred_16

Loans and Allowance for Credit Losses - Summary of Gross Carrying Amount of Loans Measured at Amortized Cost - Undrawn Loan Commitments Wholesale (Detail) - Wholesale [member] - Undrawn loan commitments [member] - CAD ($) $ in Millions	Apr. 30, 2024	Oct. 31, 2023
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 497,693	$ 461,481
Investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	332,109	312,364
Non investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	161,339	144,941
Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	4,245	4,176
Stage one exposure [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	485,998	447,348
Stage one exposure [member] | Investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	331,809	312,178
Stage one exposure [member] | Non investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	149,957	130,994
Stage one exposure [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	4,232	4,176
Stage two exposure [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	11,695	14,133
Stage two exposure [member] | Investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	300	186
Stage two exposure [member] | Non investment grade [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	11,382	$ 13,947
Stage two exposure [member] | Not rated [member]
Disclosure of credit risk exposure [line items]
Gross carrying amount of financial assets subject to impairment	$ 13

Loans and Allowance for Cred_17

Loans and Allowance for Credit Losses - Summary of Gross Carrying Amount of Loans Measured at Amortized Cost (Parenthetical) (Detail) $ in Millions	6 Months Ended
	Apr. 30, 2024 CAD ($)
Financial instruments purchased or originated credit-impaired [member]
Disclosure of credit risk exposure [line items]
Expected credit losses recognized at inception	$ 173

Loans and Allowance for Cred_18

Loans and Allowance for Credit Losses - Disclosure of Loans Past Due But Not Impaired (Detail) - CAD ($) $ in Millions	Apr. 30, 2024	Oct. 31, 2023
Disclosure of loans that are either past due or impaired [line items]
Loans past due but not impaired	$ 3,509	$ 3,920
Retail [member]
Disclosure of loans that are either past due or impaired [line items]
Loans past due but not impaired	2,367	2,048
Wholesale [member]
Disclosure of loans that are either past due or impaired [line items]
Loans past due but not impaired	1,142	1,872
30 to 89 days [member]
Disclosure of loans that are either past due or impaired [line items]
Loans past due but not impaired	3,245	3,663
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	2,112	1,840
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	1,133	1,823
90 Days and Greater [member]
Disclosure of loans that are either past due or impaired [line items]
Loans past due but not impaired	264	257
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	255	208
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	$ 9	$ 49

Significant acquisition and d_3

Significant acquisition and disposition - Additional Information (Detail) - HSBC Canada [member] - CAD ($) $ in Millions		3 Months Ended	6 Months Ended
	Mar. 28, 2024	Apr. 30, 2024	Apr. 30, 2024
Statement [Line Items]
Percentage of voting equity interests acquired	100%
Fair value of identifiable assets acquired	$ 108,120
Cash transferred	13,500
Goodwill	6,438
Purchase consideration	15,488
Financial liabilities recognised as of acquisition date	99,070
Revenue of acquiree since acquisition date	245		$ 28,900
Profit (loss) of acquiree since acquisition date	(51)		8,000
Transaction and integration costs		$ 358	$ 623
Purchased of performing financial assets after tax	145
Purchased of performing financial assets before tax	200
Preference shares and Subordinated debentures [member]
Statement [Line Items]
Cash transferred	$ 2,100
Ordinary shares [member]
Statement [Line Items]
Percentage of voting equity interests acquired	100%
Cash transferred	$ 13,500
Adjustment for Settlement of pre-existing transactions [member]
Statement [Line Items]
Amounts recognised for transaction recognised separately from acquisition of assets and assumption of liabilities in business combination	(500)
Additional amount accrued from August 31, 2023 to the closing date March 28, 2024 [member]
Statement [Line Items]
Cash transferred	$ 400

Significant acquisition and d_4

Significant acquisition and disposition - Summary of the Estimated Fair Value of the Assets Acquired and Liabilities Assumed as at the Acquisition Date (Detail) - HSBC Canada [member] $ in Millions	Mar. 28, 2024 CAD ($)
Disclosure of fair value measurement of assets acquired and liabilities assumed [line items]
Percentage of shares acquired	100%
Purchase consideration	$ 15,488
Fair value of identifiable assets acquired	108,120
Fair value of identifiable liabilities assumed	99,070
Fair value of identifiable net assets acquired	9,050
Goodwill recognised as of acquisition date	6,438
Deposits - Personal [member]
Disclosure of fair value measurement of assets acquired and liabilities assumed [line items]
Fair value of identifiable liabilities assumed	42,037
Deposits - Business and government [member]
Disclosure of fair value measurement of assets acquired and liabilities assumed [line items]
Fair value of identifiable liabilities assumed	44,065
Deposits - Bank [member]
Disclosure of fair value measurement of assets acquired and liabilities assumed [line items]
Fair value of identifiable liabilities assumed	124
Obligations related to assets sold under repurchase agreements and securities loaned [member]
Disclosure of fair value measurement of assets acquired and liabilities assumed [line items]
Fair value of identifiable liabilities assumed	5,664
Derivatives [member]
Disclosure of fair value measurement of assets acquired and liabilities assumed [line items]
Fair value of identifiable liabilities assumed	3,541
Other [member]
Disclosure of fair value measurement of assets acquired and liabilities assumed [line items]
Fair value of identifiable liabilities assumed	3,639
Cash and due from banks [member]
Disclosure of fair value measurement of assets acquired and liabilities assumed [line items]
Fair value of identifiable assets acquired	2,772
Securities - Trading [member]
Disclosure of fair value measurement of assets acquired and liabilities assumed [line items]
Fair value of identifiable assets acquired	1,110
Securities - Investment [member]
Disclosure of fair value measurement of assets acquired and liabilities assumed [line items]
Fair value of identifiable assets acquired	21,305
Loan - Retail [member]
Disclosure of fair value measurement of assets acquired and liabilities assumed [line items]
Fair value of identifiable assets acquired	35,353
Loan - Wholesale [member]
Disclosure of fair value measurement of assets acquired and liabilities assumed [line items]
Fair value of identifiable assets acquired	39,408
Derivatives [member]
Disclosure of fair value measurement of assets acquired and liabilities assumed [line items]
Fair value of identifiable assets acquired	3,365
Intangible assets [member]
Disclosure of fair value measurement of assets acquired and liabilities assumed [line items]
Fair value of identifiable assets acquired	2,402
Other [member]
Disclosure of fair value measurement of assets acquired and liabilities assumed [line items]
Fair value of identifiable assets acquired	$ 2,405

Significant acquisition and d_5

Significant acquisition and disposition - Summary of the Estimated Fair Value of the Assets Acquired and Liabilities Assumed as at the Acquisition Date (Parenthetical) (Detail) $ in Millions	Mar. 28, 2024 CAD ($)
Disclosure of fair value measurement of assets acquired and liabilities assumed [line items]
Estimate of contractual cash flows not expected to be collected	$ 587
Secured borrowing liability	$ 1,700
Estimated useful lives of intangible assets	7 years
Mutual fund management contracts with indefinite useful lives	$ 319
Loans [member]
Disclosure of fair value measurement of assets acquired and liabilities assumed [line items]
Gross contractual value	75,920
Canadian residential mortgages sold with recourse to a mutual fund [member]
Disclosure of fair value measurement of assets acquired and liabilities assumed [line items]
Fair value of identifiable assets acquired	1,700
Other intangible assets [member]
Disclosure of fair value measurement of assets acquired and liabilities assumed [line items]
Intangible assets	1,973
Customer-related intangible assets [member]
Disclosure of fair value measurement of assets acquired and liabilities assumed [line items]
Intangible assets	110
Financial instruments purchased or originated credit-impaired [member]
Disclosure of fair value measurement of assets acquired and liabilities assumed [line items]
Purchased credit impaired loan	$ 147

Deposits - Summary of Deposit L

Deposits - Summary of Deposit Liabilities (Detail) - CAD ($) $ in Millions	Apr. 30, 2024	Oct. 31, 2023
Disclosure of deposits [line items]
Demand	$ 558,018	$ 510,726
Notice	80,497	77,439
Term	689,088	643,522
Total deposits	1,327,603	1,231,687
Deposits - Personal [member]
Disclosure of deposits [line items]
Demand	198,437	186,530
Notice	61,226	57,614
Term	240,219	197,802
Total deposits	499,882	441,946
Deposits - Business and government [member]
Disclosure of deposits [line items]
Demand	350,716	316,200
Notice	18,616	19,056
Term	425,602	409,819
Total deposits	794,934	745,075
Deposits - Bank [member]
Disclosure of deposits [line items]
Demand	8,865	7,996
Notice	655	769
Term	23,267	35,901
Total deposits	32,787	44,666
Deposits - Personal, Business and government, and Bank [member]
Disclosure of deposits [line items]
Demand	558,018	510,726
Notice	80,497	77,439
Term	689,088	643,522
Total deposits	1,327,603	1,231,687
Canada [member] | Non-interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	145,770	132,994
Notice	6,739	6,107
Term	181	168
Total deposits	152,690	139,269
Canada [member] | Interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	338,103	302,746
Notice	14,701	14,641
Term	557,810	493,347
Total deposits	910,614	810,734
United States [member] | Non-interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	36,917	40,646
Total deposits	36,917	40,646
United States [member] | Interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	19,916	16,210
Notice	58,106	55,895
Term	73,057	78,837
Total deposits	151,079	150,942
Europe [member] | Non-interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	11	17
Total deposits	11	17
Europe [member] | Interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	4,329	5,353
Notice	877	726
Term	41,421	51,812
Total deposits	46,627	57,891
Other International [member] | Non-interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	7,349	7,265
Total deposits	7,349	7,265
Other International [member] | Interest bearing deposits [member]
Disclosure of deposits [line items]
Demand	5,623	5,495
Notice	74	70
Term	16,619	19,358
Total deposits	$ 22,316	$ 24,923

Deposits - Summary of Deposit_2

Deposits - Summary of Deposit Liabilities (Parenthetical) (Detail) - CAD ($) $ in Millions	Apr. 30, 2024	Oct. 31, 2023
Disclosure of deposits [line items]
Total deposits	$ 1,327,603	$ 1,231,687
U.S. dollars [member]
Disclosure of deposits [line items]
Total deposits	458,000	445,000
British pounds [member]
Disclosure of deposits [line items]
Total deposits	32,000	34,000
Euro [member]
Disclosure of deposits [line items]
Total deposits	50,000	49,000
Other currencies [member]
Disclosure of deposits [line items]
Total deposits	$ 30,000	$ 32,000

Deposits - Summary of Contractu

Deposits - Summary of Contractual Maturities of Term Deposit Liabilities (Detail) - CAD ($) $ in Millions	Apr. 30, 2024	Oct. 31, 2023
Disclosure of deposits [line items]
Term deposit liabilities	$ 689,088	$ 643,522
Aggregate amount of term deposits in denominations of one hundred thousand dollars or more	619,000	586,000
Less than 3 months [member]
Disclosure of deposits [line items]
Term deposit liabilities	183,636	182,373
3 to 6 months [member]
Disclosure of deposits [line items]
Term deposit liabilities	94,976	69,868
6 to 12 months [member]
Disclosure of deposits [line items]
Term deposit liabilities	153,786	151,079
1 to 2 years [member]
Disclosure of deposits [line items]
Term deposit liabilities	77,999	76,232
2 to 3 years [member]
Disclosure of deposits [line items]
Term deposit liabilities	58,863	49,965
3 to 4 years [member]
Disclosure of deposits [line items]
Term deposit liabilities	43,241	36,774
4 to 5 years [member]
Disclosure of deposits [line items]
Term deposit liabilities	28,565	36,506
Over 5 years [member]
Disclosure of deposits [line items]
Term deposit liabilities	$ 48,022	$ 40,725

Insurance and reinsurance - Sum

Insurance and reinsurance - Summary of Insurance and Reinsurance Contracts by Measurement Components (Detail) - CAD ($) $ in Millions	Apr. 30, 2024	Oct. 31, 2023
Disclosure of reconciliation of changes in insurance contracts by components [line items]
Insurance contract assets	$ 785	$ 681
Insurance contract liabilities for segregated funds	(3,161)	(2,632)
Insurance contract liabilities excluding segregated funds	(18,038)	(16,394)
Insurance contract liabilities	(21,199)	(19,026)
Reinsurance contract held assets	1,660	1,582
Reinsurance contract held liabilities	(32)	(18)
Estimates of present value of future cash flows [member]
Disclosure of reconciliation of changes in insurance contracts by components [line items]
Insurance contract assets	1,929	1,790
Insurance contract liabilities for segregated funds	(3,071)	(2,553)
Insurance contract liabilities excluding segregated funds	(13,943)	(11,955)
Insurance contract liabilities	(17,014)	(14,508)
Reinsurance contract held assets	391	327
Reinsurance contract held liabilities	(68)	(42)
Risk adjustment for non-financial risk [member]
Disclosure of reconciliation of changes in insurance contracts by components [line items]
Insurance contract assets	(595)	(544)
Insurance contract liabilities for segregated funds	(19)	(15)
Insurance contract liabilities excluding segregated funds	(1,978)	(2,308)
Insurance contract liabilities	(1,997)	(2,323)
Reinsurance contract held assets	538	469
Reinsurance contract held liabilities	10	6
CSM [member]
Disclosure of reconciliation of changes in insurance contracts by components [line items]
Insurance contract assets	(549)	(565)
Insurance contract liabilities for segregated funds	(71)	(64)
Insurance contract liabilities excluding segregated funds	(2,117)	(2,131)
Insurance contract liabilities	(2,188)	(2,195)
Reinsurance contract held assets	731	786
Reinsurance contract held liabilities	26	18
CSM for insurance contracts, net of reinsurance contracts held	$ (1,980)	$ (1,956)

Insurance and reinsurance - S_2

Insurance and reinsurance - Summary of Composition of Insurance Service Result and Insurance Investment Result for Insurance Contracts Issued and Reinsurance Contracts Held (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023
Insurance service result [abstract]
Insurance revenue	$ 1,247	$ 1,205	$ 2,452	$ 2,309
Insurance service expense	(1,000)	(930)	(1,984)	(1,783)
Net income (expense) from reinsurance contracts held	(44)	(50)	(78)	(109)
Total	203	225	390	417
Insurance investment result
Net investment income	86	144	2,104	1,163
Insurance finance income (expense)	(20)	(167)	(1,996)	(1,301)
Reinsurance finance income (expense)	(7)	37	92	79
Total	59	14	200	(59)
Insurance service and insurance investment results	$ 262	$ 239	$ 590	$ 358

Employee benefits - Pension a_3

Employee benefits - Pension and other post-employment benefits - Summary of Composition of Pension and Other Post-employment Benefit Expense (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023
Disclosure of pension and other post employment plan [Line Items]
Total pension and other post-employment benefit expense	$ 5,091	$ 4,573	$ 10,254	$ 9,423
Defined benefit pension plans [member] | Pension Expense [Member]
Disclosure of pension and other post employment plan [Line Items]
Current service costs	47	49	93	98
Net interest expense (income)	(37)	(40)	(75)	(81)
Administrative expense	4	3	8	6
Defined benefit pension expense	14	12	26	23
Defined contribution pension plans [Member] | Pension Expense [Member]
Disclosure of pension and other post employment plan [Line Items]
Defined contribution pension expense	98	76	204	161
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	112	88	230	184
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	8	16	16
Net interest expense (income)	20	20	40	39
Remeasurements of other long-term benefits	(1)	1	9	3
Defined benefit pension expense	27	29	65	58
Total pension and other post-employment benefit expense	$ 27	$ 29	$ 65	$ 58

Employee benefits - Pension a_4

Employee benefits - Pension and other post-employment benefits - Summary of Composition of Remeasurements Recorded in OCI (Detail) - Remeasurements of Employee Benefit Plans to OCI [member] - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023
Defined benefit pension plans [member]
Actuarial (gains) losses:
Changes in financial assumptions	$ (548)	$ 132	$ 723	$ 904
Return on plan assets (excluding interest based on discount rate)	465	33	(1,004)	(561)
Total remeasurements of employee benefit plans	(83)	165	(281)	343
Other post employment benefit [member]
Actuarial (gains) losses:
Changes in financial assumptions	(50)	15	70	90
Experience adjustments	(1)	(2)		(2)
Total remeasurements of employee benefit plans	$ (51)	$ 13	$ 70	$ 88

Income taxes - Additional Infor

Income taxes - Additional Information (Detail) - CAD ($) $ in Millions		3 Months Ended
	Aug. 04, 2023	Apr. 30, 2024
Additional details on Income taxes [line items]
Percentage of global minimum tax rate	15%
2019 taxation year [Member]
Additional details on Income taxes [line items]
Tax examinations and assessments amount		$ 277

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		6 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023
Disclosure of classes of share capital [line items]
Issued in connection with share-based compensation plans		$ (1)	$ 8	$ 4
Common shares [member]
Disclosure of classes of share capital [line items]
Issued in connection with share-based compensation plans, shares	228	235	628	504
Issued in connection with dividend reinvestment plan, shares	5,715	4,604	11,850	4,604
Increase (decrease) in number of ordinary shares issued, shares	5,943	4,839	12,478	5,108
Issued in connection with share-based compensation plans	$ 22	$ 21	$ 60	$ 45
Issued in connection with dividend reinvestment plan	740	621	1,460	621
Increase (decrease) in equity	$ 762	$ 642	$ 1,520	$ 666

Significant capital and fundi_4

Significant capital and funding transactions - Additional Information (Detail) $ / shares in Units, shares in Thousands, $ in Millions, $ in Millions				3 Months Ended	6 Months Ended
	Apr. 24, 2024 USD ($) $ / shares	Apr. 02, 2024 CAD ($)	Jan. 25, 2024 CAD ($)	Apr. 30, 2024 CAD ($)	Apr. 30, 2024 CAD ($)	May 24, 2024 $ / shares shares	Jan. 25, 2024 $ / shares shares	Nov. 07, 2023 $ / shares shares
Disclosure Of Significant Capital And Funding Transactions [Line Items]
Proceeds from issue of preference shares | $				$ 1,362	$ 2,106
Subordinated debenture [member]
Disclosure Of Significant Capital And Funding Transactions [Line Items]
Subordinated debentures issuance date		Apr. 02, 2024
Proceeds from issuance of subordinated debentures | $		$ 2,000
Interest rate		5.096%
Earliest par value redemption date		Apr. 03, 2029
Maturity		April 3, 2034
Borrowings, interest rate basis		Daily Compounded Canadian Overnight Repo Rate Average plus 1.56%
Borrowings, adjustment to interest rate basis		1.56%
Series 4 Preferred Shares [Member]
Disclosure Of Significant Capital And Funding Transactions [Line Items]
Par value per share	$ 1,000
Series Bv Preferred Shares [Member]
Disclosure Of Significant Capital And Funding Transactions [Line Items]
Proceeds from issuing shares | $	$ 1,000
Par value per share	$ 1,000
Series 4 Common Shares [Member]
Disclosure Of Significant Capital And Funding Transactions [Line Items]
Proceeds from issuing shares | $	$ 1,000
Series C2 Depositary Shares [Member]
Disclosure Of Significant Capital And Funding Transactions [Line Items]
Number of shares redeemed | shares								615
Series C2 Preference Shares [Member]
Disclosure Of Significant Capital And Funding Transactions [Line Items]
Par value per share								$ 1,000
Number of shares redeemed | shares								15
Series BU Preference Shares [Member]
Disclosure Of Significant Capital And Funding Transactions [Line Items]
Number of shares issued | shares							750
Par value per share							$ 1,000
Proceeds from issue of preference shares | $			$ 750
Percentage of semi annual cash dividend			7.408%
Percentage of premium			3.90%
U S Treasury Rate [Member]
Disclosure Of Significant Capital And Funding Transactions [Line Items]
Interest rate	2.887%
Maturity	May 2, 2084
Fixed Rate [member]
Disclosure Of Significant Capital And Funding Transactions [Line Items]
Interest rate	7.50%
Maturity	May 2, 2029
Top of range [member] | Series Bv Preferred Shares [Member]
Disclosure Of Significant Capital And Funding Transactions [Line Items]
Par value per share	$ 5
Events after reporting period [member] | Series Az Preferred Shares [Member]
Disclosure Of Significant Capital And Funding Transactions [Line Items]
Par value per share						$ 25
Number of shares redeemed | shares						20,000

Earnings per share - Summary of

Earnings per share - Summary of Earnings Per Share (Detail) - CAD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023
Basic earnings per share
Net income	$ 3,950	$ 3,680	$ 7,532	$ 6,813
Dividends on preferred shares and distributions on other equity instruments	(69)	(76)	(128)	(127)
Net income attributable to non-controlling interests	(2)	(1)	(4)	(3)
Net income available to common shareholders	$ 3,881	$ 3,612	$ 7,403	$ 6,699
Weighted average number of common shares (in thousands)	1,412,651	1,388,388	1,409,452	1,385,525
Basic earnings per share (in dollars)	$ 2.75	$ 2.6	$ 5.25	$ 4.83
Diluted earnings per share
Net income available to common shareholders	$ 3,881	$ 3,612	$ 7,403	$ 6,699
Weighted average number of common shares (in thousands)	1,412,651	1,388,388	1,409,452	1,385,525
Stock options	1,489	1,735	1,364	1,744
Issuable under other share-based compensation plans	26	26	26	26
Average number of diluted common shares (in thousands)	1,414,166	1,390,149	1,410,842	1,387,295
Diluted earnings per share (in dollars)	$ 2.74	$ 2.6	$ 5.25	$ 4.83
Equity attributable to shareholders [member]
Basic earnings per share
Net income	$ 3,948	$ 3,679	$ 7,528	$ 6,810
Dividends on preferred shares and distributions on other equity instruments	$ (67)	$ (67)	$ (125)	$ (111)

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		6 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023
Earnings per share [line items]
Outstanding options excluded from calculation of diluted earnings per share	0	0	1,060,719	0
Average exercise price			$ 131.64

Legal and regulatory matters -

Legal and regulatory matters - Additional Information (Detail)	Mar. 05, 2024 EUR (€)
Legal proceedings provision [abstract]
Current legal proceedings provision	€ 5,000

Results by Business Segment - D

Results by Business Segment - Detailed Report of Segments (Detail) - CAD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2024	Apr. 30, 2023	Apr. 30, 2024	Apr. 30, 2023	Oct. 31, 2023
Disclosure of operating segments [line items]
Net interest income	$ 6,623	$ 6,099	$ 12,955	$ 12,301
Non-interest income	7,531	6,346	14,684	13,501
Total revenue	14,154	12,445	27,639	25,802
Provision for credit losses	920	600	1,733	1,132
Non-interest expense	8,308	7,400	16,632	14,989
Income (loss) before income taxes	4,926	4,445	9,274	9,681
Income taxes (recoveries)	976	765	1,742	2,868
Net income	3,950	3,680	7,532	6,813
Non-interest expense includes:
Depreciation and amortization	711	696	1,383	1,373
Total assets	2,031,050		2,031,050		$ 2,006,531
Total liabilities	1,909,446		1,909,446		1,891,384
Operating segments [member] | Personal & Commercial Banking [member]
Disclosure of operating segments [line items]
Net interest income	4,400	3,817	8,616	7,824
Non-interest income	1,590	1,481	3,168	3,015
Total revenue	5,990	5,298	11,784	10,839
Provision for credit losses	754	422	1,388	823
Non-interest expense	2,428	2,257	4,767	4,486
Income (loss) before income taxes	2,808	2,619	5,629	5,530
Income taxes (recoveries)	757	704	1,517	1,489
Net income	2,051	1,915	4,112	4,041
Non-interest expense includes:
Depreciation and amortization	280	240	515	481
Total assets	729,204		729,204		636,046
Total liabilities	729,106		729,106		635,952
Operating segments [member] | Wealth Management [member]
Disclosure of operating segments [line items]
Net interest income	1,136	1,089	2,286	2,305
Non-interest income	3,482	3,305	6,869	6,649
Total revenue	4,618	4,394	9,155	8,954
Provision for credit losses	27	28	38	94
Non-interest expense	3,653	3,447	7,421	6,881
Income (loss) before income taxes	938	919	1,696	1,979
Income taxes (recoveries)	169	200	321	430
Net income	769	719	1,375	1,549
Non-interest expense includes:
Depreciation and amortization	309	312	620	613
Total assets	176,140		176,140		179,227
Total liabilities	174,502		174,502		177,389
Operating segments [member] | Insurance [member]
Disclosure of operating segments [line items]
Non-interest income	298	272	661	426
Total revenue	298	272	661	426
Provision for credit losses			1
Non-interest expense	69	65	140	135
Income (loss) before income taxes	229	207	520	291
Income taxes (recoveries)	52	37	123	54
Net income	177	170	397	237
Non-interest expense includes:
Depreciation and amortization	(1)	16	3	24
Total assets	27,715		27,715		24,130
Total liabilities	27,681		27,681		24,895
Operating segments [member] | Capital Markets [member]
Disclosure of operating segments [line items]
Net interest income	764	951	1,425	1,743
Non-interest income	2,390	1,711	4,680	4,065
Total revenue	3,154	2,662	6,105	5,808
Provision for credit losses	137	150	304	215
Non-interest expense	1,722	1,510	3,364	3,211
Income (loss) before income taxes	1,295	1,002	2,437	2,382
Income taxes (recoveries)	33	40	21	179
Net income	1,262	962	2,416	2,203
Non-interest expense includes:
Depreciation and amortization	130	128	254	255
Total assets	1,011,787		1,011,787		1,100,172
Total liabilities	1,011,172		1,011,172		1,099,893
Unallocated amounts [member]
Disclosure of operating segments [line items]
Net interest income	323	242	628	429
Non-interest income	(229)	(423)	(694)	(654)
Total revenue	94	(181)	(66)	(225)
Provision for credit losses	2		2
Non-interest expense	436	121	940	276
Income (loss) before income taxes	(344)	(302)	(1,008)	(501)
Income taxes (recoveries)	(35)	(216)	(240)	716
Net income	(309)	$ (86)	(768)	$ (1,217)
Non-interest expense includes:
Depreciation and amortization	(7)		(9)
Total assets	86,204		86,204		66,956
Total liabilities	$ (33,015)		$ (33,015)		$ (46,745)

Capital management - Summary of

Capital management - Summary of Regulatory Capital and Capital Ratios (Detail) - CAD ($) $ in Millions	Apr. 30, 2024	Oct. 31, 2023
Capital
CET1 capital	$ 83,497	$ 86,611
Tier 1 capital	92,444	93,904
Total capital	105,353	104,952
Risk-weighted assets (RWA) used in calculation of capital ratios
Credit risk	531,381	475,842
Market risk	35,156	40,498
Operational risk	87,165	79,883
Total RWA	$ 653,702	$ 596,223
Capital ratios and Leverage ratio
CET1 ratio	12.80%	14.50%
Tier 1 capital ratio	14.10%	15.70%
Total capital ratio	16.10%	17.60%
Leverage ratio	4.20%	4.30%
Leverage ratio exposure	$ 2,219,019	$ 2,179,590
TLAC available and ratios
TLAC available	$ 179,902	$ 184,916
TLAC ratio	27.50%	31%
TLAC leverage ratio	8.10%	8.50%