v3.26.1
Compensation Plans (Tables)
6 Months Ended
May 31, 2026
Compensation Related Costs [Abstract]  
Schedule of Nonvested Restricted Stock Units and Performance Based Units Activity
In December 2025, the Compensation Committee of our Board of Directors granted RSUs and performance stock units (“PSUs”) to each of our senior executives as follows:
$ in millionsGrant Terms
RSUs
Aggregate grant date fair value$14.3
Vesting period
3-year cliff
PSUs
Aggregate target fair value$14.3
Service period3 years
Performance period
Fiscal 2025 to Fiscal 2027
Performance target (1)
10% ROTE
Performance range (2)
7.5% - 15% ROTE
(1)ROTE is defined as return on tangible equity measured over three years.
(2)Performance below an ROTE of 7.5% results in forfeiture of all PSUs. An ROTE of 15% or greater results in earning 150% of target PSUs and between 7.5% to 15%, the level of earning PSUs is linearly interpolated.
Schedule of Components of Compensation Cost
Components of total compensation cost associated with certain of our compensation plans:
Three Months Ended
 May 31,
Six Months Ended
 May 31,
$ in millions2026202520262025
Restricted cash awards $124.9 $131.5 $257.5 $246.6 
Restricted stock and RSUs (1)22.9 18.2 73.6 53.8 
Profit sharing plan2.2 1.9 10.0 9.3 
Total compensation cost$150.0 $151.6 $341.1 $309.7 
(1)Total compensation cost associated with restricted stock and RSUs includes the amortization of sign-on, retention and senior executive awards, less forfeitures and clawbacks.
Schedule of Remaining Unamortized Amounts Related to Certain Compensation Plans
Remaining unamortized amounts related to certain compensation plans at May 31, 2026:
$ in millionsRemaining Unamortized AmountsWeighted Average
 Vesting Period
(in Years)
Non-vested share-based awards$216.7 3.3
Restricted cash awards (1)1,110.0 2.7
Total$1,326.7 
(1)The remaining unamortized amount is included within Other assets.