FRA:CAI Income Statement

Financials in millions CAD. Fiscal year is November - October.

Millions CAD. Fiscal year is Nov - Oct.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Interest Income on Loans	32,074	33,925	30,235	16,874	12,150
Interest Income on Investments	16,687	18,260	14,784	5,305	2,591
Total Interest Income	48,761	52,185	45,019	22,179	14,741
Interest Paid on Deposits	25,110	30,476	26,633	7,887	2,651
Interest Paid on Borrowings	7,882	8,014	5,561	1,651	631
Total Interest Expense	32,992	38,490	32,194	9,538	3,282
Net Interest Income	15,769	13,695	12,825	12,641	11,459
Net Interest Income Growth (YoY)	15.14%	6.78%	1.46%	10.32%	3.76%
Trust Income	2,241	1,980	1,768	1,760	1,621
Gain (Loss) on Sale of Investments	-14	43	83	35	90
Gain (Loss) on Sale of Equity Investments	117	79	30	47	55
Other Non-Interest Income	10,024	8,851	7,702	6,470	5,993
Total Non-Interest Income	13,364	11,911	10,507	9,192	8,556
Non-Interest Income Growth (YoY)	12.20%	13.36%	14.31%	7.43%	11.16%
Revenues Before Loan Losses	29,133	25,606	23,332	21,833	20,015
Provision for Loan Losses	2,342	2,001	2,010	1,057	158
Revenue	26,791	23,605	21,322	20,776	19,857
Revenue Growth (YoY)	13.50%	10.71%	2.63%	4.63%	22.18%
Salaries and Employee Benefits	7,576	6,669	7,205	6,736	5,375
Selling, General & Administrative	6,560	6,104	4,550	4,532	4,744
Other Non-Interest Expense	1,703	1,652	1,534	1,355	1,130
Total Non-Interest Expense	15,852	14,439	13,288	12,619	11,263
EBT Excluding Unusual Items	10,939	9,166	8,034	8,157	8,594
Legal Settlements	-	-	-1,063	-146	-163
Other Unusual Items	-	-	2	-1	-
Pretax Income	10,939	9,166	6,973	7,973	8,322
Income Tax Expense	2,485	2,012	1,934	1,730	1,876
Earnings From Continuing Operations	8,454	7,154	5,039	6,243	6,446
Minority Interest in Earnings	-25	-39	-38	-23	-17
Net Income	8,429	7,115	5,001	6,220	6,429
Preferred Dividends & Other Adjustments	364	263	267	171	158
Net Income to Common	8,065	6,852	4,734	6,049	6,271
Net Income Growth	18.47%	42.27%	-19.60%	-3.25%	69.63%
Basic Shares Outstanding	935	939	916	903	898
Diluted Shares Outstanding	941	942	916	906	900
Shares Change (YoY)	-0.11%	2.78%	1.16%	0.59%	0.93%
EPS (Basic)	8.62	7.29	5.17	6.70	6.98
EPS (Diluted)	8.57	7.28	5.17	6.68	6.96
EPS Growth	17.72%	40.81%	-22.61%	-4.02%	69.34%
Dividend Per Share	3.880	3.600	3.440	3.270	2.920
Dividend Growth	7.78%	4.65%	5.20%	11.99%	0.34%
Effective Tax Rate	22.72%	21.95%	27.73%	21.70%	22.54%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.