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SEGMENT INFORMATION
 9 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
We currently operate through the following five segments: PCG; Capital Markets; Asset Management; Bank; and Other.

The segments are determined based upon factors such as the services provided and the distribution channels served and are consistent with how we assess performance and determine how to allocate our resources. For a further discussion of our segments, see Note 26 of our 2024 Form 10-K.

The following table presents information concerning operations in these segments.
 Three months ended June 30,Nine months ended June 30,
$ in millions2025202420252024
Net revenues:  
Private Client Group$2,488 $2,416 $7,522 $6,983 
Capital Markets
381 330 1,257 989 
Asset Management
291 265 874 752 
Bank458 418 1,317 1,283 
Other
9 28 34 71 
Intersegment eliminations
(229)(229)(666)(719)
Total net revenues$3,398 $3,228 $10,338 $9,359 
Pre-tax income/(loss):
Private Client Group$411 $441 $1,304 $1,324 
Capital Markets
(54)(14)56 (28)
Asset Management
125 112 371 305 
Bank123 115 358 282 
Other
(42)(10)(106)— 
Total pre-tax income$563 $644 $1,983 $1,883 

No individual client accounted for more than ten percent of revenues in any of the periods presented.

The following table presents our net interest income on a segment basis.
Three months ended June 30,Nine months ended June 30,
$ in millions2025202420252024
Net interest income:
  
Private Client Group (1)
$91 $89 $276 $273 
Capital Markets
3 2 10 5 
Asset Management
3 4 10 10 
Bank440 406 1,273 1,245 
Other (1)
9 22 27 65 
Net interest income$546 $523 $1,596 $1,598 

(1)Effective October 1, 2024, we updated our methodology for allocating interest income on certain cash balances, resulting in a reallocation of interest income from the Other segment to the PCG segment. Prior-period segment results have not been conformed to the current-period presentation.

The following table presents our total assets on a segment basis.
$ in millionsJune 30, 2025September 30, 2024
Total assets:
Private Client Group$14,236 $13,413 
Capital Markets
2,991 3,518 
Asset Management633 616 
Bank63,561 62,367 
Other3,394 3,078 
Total$84,815 $82,992 
The following table presents goodwill, which was included in our total assets, on a segment basis.
$ in millionsJune 30, 2025September 30, 2024
Goodwill:
Private Client Group$581 $578 
Capital Markets276 275 
Asset Management69 69 
Bank529 529 
Total$1,455 $1,451 
We have operations in the U.S., Canada, and Europe. The vast majority of our long-lived assets are located in the U.S.  The following table presents our net revenues and pre-tax income/(loss) classified by major geographic area in which they were earned.
 Three months ended June 30,Nine months ended June 30,
$ in millions2025202420252024
Net revenues:  
U.S.$3,107 $2,950 $9,445 $8,557 
Canada149 154 474 448 
Europe142 124 419 354 
Total net revenues
$3,398 $3,228 $10,338 $9,359 
Pre-tax income/(loss): 
U.S.$546 $615 $1,875 $1,801 
Canada23 31 97 95 
Europe(6)(2)11 (13)
Total pre-tax income
$563 $644 $1,983 $1,883 
The following table presents our total assets by major geographic area in which they were held.
$ in millionsJune 30, 2025September 30, 2024
Total assets:
U.S.$78,714 $77,033 
Canada3,185 3,347 
Europe2,916 2,612 
Total$84,815 $82,992 
The following table presents goodwill, which was included in our total assets, classified by major geographic area in which it was held.
$ in millionsJune 30, 2025September 30, 2024
Goodwill:
U.S.$1,250 $1,250 
Canada24 25 
Europe181 176 
Total$1,455 $1,451