v3.25.2
SEGMENT INFORMATION (Tables)
 9 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated
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 
Reconciliation of Net Income (Loss) from Segments to Consolidated
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 
Reconciliation of Other Significant Items from Segments to Consolidated
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 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 
Reconciliation of Total Assets from Segment to Consolidated
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 
Revenues, Income Before Provision for Income Taxes and Excluding Noncontrolling Interests, and Total Assets, Classified by Major Geographic Areas 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 
Long-lived Assets by Geographic Areas
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