Reportable Operating Segments (Tables)

6 Months Ended

Jun. 30, 2025

The following tables present certain selected financial information for our reportable operating segments and Corporate & Other as of or for the three and six months ended June 30:

Table 15.1: Selected Financial Information by Segment


Three Months Ended June 30, 2025 (Millions)	USCS		CS		ICS		GMNS		Corporate & Other (a)		Consolidated
Total non-interest revenues	$	5,540	$	3,422	$	2,947	$	1,758	$	2	$	13,669
Revenue from contracts with customers (b)	3,903		2,975		1,876		1,574		(7)		10,321
Interest income	3,795		1,240		620		10		599		6,264
Interest expense	782		450		335		(165)		675		2,077
Net interest income	3,013		790		285		175		(76)		4,187
Total revenues net of interest expense	8,553		4,212		3,232		1,933		(74)		17,856
Provisions for credit losses	829		360		210		5		1		1,405
Total revenues net of interest expense after provisions for credit losses	7,724		3,852		3,022		1,928		(75)		16,451
Expenses
Card Member rewards, business development and Card Member services (c)	3,967		1,790		1,452		288		11		7,508
Marketing	800		331		322		96		6		1,555
Salaries and employee benefits and other operating expenses	1,281		826		783		490		458		3,838
Total expenses	6,048		2,947		2,557		874		475		12,901
Pretax income (loss)	$	1,676	$	905	$	465	$	1,054	$	(550)	$	3,550
Total assets	$	113,876	$	62,152	$	46,500	$	18,324	$	54,704	$	295,556

Six Months Ended June 30, 2025 (Millions)	USCS		CS		ICS		GMNS		Corporate & Other (a)		Consolidated
Total non-interest revenues	$	10,783	$	6,687	$	5,593	$	3,418	$	(14)	$	26,467
Revenue from contracts with customers (b)	7,537		5,803		3,564		3,059		(16)		19,947
Interest income	7,558		2,442		1,216		22		1,161		12,399
Interest expense	1,539		882		641		(308)		1,289		4,043
Net interest income	6,019		1,560		575		330		(128)		8,356
Total revenues net of interest expense	16,802		8,247		6,168		3,748		(142)		34,823
Provisions for credit losses	1,460		689		402		3		1		2,555
Total revenues net of interest expense after provisions for credit losses	15,342		7,558		5,766		3,745		(143)		32,268
Expenses
Card Member rewards, business development and Card Member services (c)	7,849		3,536		2,764		571		23		14,743
Marketing	1,565		668		622		172		14		3,041
Salaries and employee benefits and other operating expenses	2,520		1,613		1,534		958		979		7,604
Total expenses	11,934		5,817		4,920		1,701		1,016		25,388
Pretax income (loss)	$	3,408	$	1,741	$	846	$	2,044	$	(1,159)	$	6,880


Three Months Ended June 30, 2024 (Millions)	USCS		CS		ICS		GMNS		Corporate & Other (a)		Consolidated
Total non-interest revenues	$	5,029	$	3,333	$	2,548	$	1,684	$	9	$	12,603
Revenue from contracts with customers (b)	3,696		2,922		1,669		1,517		14		9,818
Interest income	3,474		1,051		577		13		679		5,794
Interest expense	771		430		303		(176)		736		2,064
Net interest income	2,703		621		274		189		(57)		3,730
Total revenues net of interest expense	7,732		3,954		2,822		1,873		(48)		16,333
Provisions for credit losses	706		349		192		20		1		1,268
Total revenues net of interest expense after provisions for credit losses	7,026		3,605		2,630		1,853		(49)		15,065
Expenses
Card Member rewards, business development and Card Member services (c)	3,587		1,633		1,302		278		8		6,808
Marketing	764		325		290		96		5		1,480
Salaries and employee benefits and other operating expenses	1,115		742		748		(58)		440		2,987
Total expenses	5,466		2,700		2,340		316		453		11,275
Pretax income (loss)	$	1,560	$	905	$	290	$	1,537	$	(502)	$	3,790
Total assets	$	108,224	$	58,993	$	41,982	$	24,446	$	38,574	$	272,219

Six Months Ended June 30, 2024 (Millions)	USCS		CS		ICS		GMNS		Corporate & Other (a)		Consolidated
Total non-interest revenues	$	9,795	$	6,527	$	4,985	$	3,339	$	(11)	$	24,635
Revenue from contracts with customers (b)	7,165		5,717		3,259		3,012		4		19,157
Interest income	6,955		2,056		1,160		30		1,368		11,569
Interest expense	1,519		844		610		(374)		1,471		4,070
Net interest income	5,436		1,212		550		404		(103)		7,499
Total revenues net of interest expense	15,231		7,739		5,535		3,743		(114)		32,134
Provisions for credit losses	1,433		704		374		26		—		2,537
Total revenues net of interest expense after provisions for credit losses	13,798		7,035		5,161		3,717		(114)		29,597
Expenses
Card Member rewards, business development and Card Member services (c)	6,943		3,126		2,505		557		14		13,145
Marketing	1,483		651		642		169		11		2,956
Salaries and employee benefits and other operating expenses	2,199		1,475		1,472		437		978		6,561
Total expenses	10,625		5,252		4,619		1,163		1,003		22,662
Pretax income (loss)	$	3,173	$	1,783	$	542	$	2,554	$	(1,117)	$	6,935

(a)Corporate & Other includes adjustments and eliminations for intersegment activity.

(b)Includes discount revenue and certain service fees and other revenue from customers.

(c)Card Member rewards, business development and Card Member services expenses are generally correlated to volumes or are variable based on usage.