v3.25.2
INTEREST INCOME AND INTEREST EXPENSE (Tables)
 9 Months Ended
Jun. 30, 2025
Interest Income (Expense), Operating [Abstract]  
Interest Income and Interest Expense
The following table details the components of interest income and interest expense.
 Three months ended June 30,Nine months ended June 30,
$ in millions2025202420252024
Interest income:  
Cash and cash equivalents$103 $121 $331 $381 
Assets segregated for regulatory purposes and restricted cash 36 46 114 140 
Trading assets — debt securities19 20 57 54 
Available-for-sale securities
45 55 142 167 
Brokerage client receivables42 48 128 140 
Bank loans, net715 736 2,123 2,197 
All other30 31 85 80 
Total interest income
$990 $1,057 $2,980 $3,159 
Interest expense:  
Bank deposits
$373 $446 1,163 $1,318 
Trading liabilities — debt securities11 11 32 33 
Brokerage client payables
15 22 52 63 
Other borrowings7 7 21 23 
Senior notes payable23 23 69 69 
All other15 25 47 55 
Total interest expense
$444 $534 $1,384 $1,561 
Net interest income$546 $523 $1,596 $1,598 
Less: Bank loan provision/(benefit) for credit losses
15 (10)31 23 
Net interest income after bank loan provision/(benefit) for credit losses
$531 $533 $1,565 $1,575