Strong EPS and ROE Growth
EPS grew by 10% for the full year, and Q4 ended with an ROE of 12.5%, up 190 basis points year-over-year.
Significant Revenue and Profit Increases
Global Wealth Management earnings rose by 17% year-over-year, and Global Banking and Markets earnings increased by 30%. Overall revenue was up 12% year-over-year, with positive operating leverage of 3%.
Successful Strategic Initiatives
Closed referrals between Canadian retail, commercial, and wealth were $15 billion for the year, up 18% over last year. The Mortgage+ program drove multiproduct banking relationships, aiding deposit and card growth.
Capital and Shareholder Returns
The CET1 ratio ended at 13.2% after repurchasing 10.8 million shares in fiscal 2025. The bank also reduced its wholesale funding ratio by 60 basis points.
Improvement in Canadian Banking and International Banking
Canadian Banking saw increased efficiency and sales capacity, while International Banking earnings rose by 1% year-over-year with significant gains in Mexico.
Global Transaction Banking Expansion
The launch of new cash management capabilities in North America is expected to drive client connectivity and revenue growth.