Reportable Operating Segments (Tables)

9 Months Ended

Sep. 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 nine months ended September 30:

Table 15.1: Selected Financial Information by Segment


Three Months Ended September 30, 2025 (Millions)	USCS		CS		ICS		GMNS		Corporate & Other (a)		Consolidated
Total non-interest revenues	$	5,620	$	3,441	$	3,034	$	1,782	$	63	$	13,940
Revenue from contracts with customers (b)	3,925		2,986		1,928		1,586		(10)		10,415
Interest income	4,025		1,302		652		9		629		6,617
Interest expense	789		462		350		(181)		711		2,131
Net interest income	3,236		840		302		190		(82)		4,486
Total revenues net of interest expense	8,856		4,281		3,336		1,972		(19)		18,426
Provisions for credit losses	734		332		218		5		(2)		1,287
Total revenues net of interest expense after provisions for credit losses	8,122		3,949		3,118		1,967		(17)		17,139
Expenses
Card Member rewards, business development and Card Member services (c)	4,145		1,730		1,512		298		11		7,696
Marketing	825		313		350		105		6		1,599
Salaries and employee benefits and other operating expenses	1,300		816		815		524		564		4,019
Total expenses	6,270		2,859		2,677		927		581		13,314
Pretax income (loss)	$	1,852	$	1,090	$	441	$	1,040	$	(598)	$	3,825
Total assets	$	115,330	$	64,305	$	47,253	$	18,879	$	51,783	$	297,550

Nine Months Ended September 30, 2025 (Millions)	USCS		CS		ICS		GMNS		Corporate & Other (a)		Consolidated
Total non-interest revenues	$	16,403	$	10,128	$	8,627	$	5,200	$	49	$	40,407
Revenue from contracts with customers (b)	11,462		8,789		5,492		4,645		(26)		30,362
Interest income	11,583		3,744		1,868		31		1,790		19,016
Interest expense	2,328		1,344		991		(489)		2,000		6,174
Net interest income	9,255		2,400		877		520		(210)		12,842
Total revenues net of interest expense	25,658		12,528		9,504		5,720		(161)		53,249
Provisions for credit losses	2,194		1,021		620		8		(1)		3,842
Total revenues net of interest expense after provisions for credit losses	23,464		11,507		8,884		5,712		(160)		49,407
Expenses
Card Member rewards, business development and Card Member services (c)	11,994		5,266		4,276		869		34		22,439
Marketing	2,390		981		972		277		20		4,640
Salaries and employee benefits and other operating expenses	3,820		2,429		2,349		1,482		1,543		11,623
Total expenses	18,204		8,676		7,597		2,628		1,597		38,702
Pretax income (loss)	$	5,260	$	2,831	$	1,287	$	3,084	$	(1,757)	$	10,705


Three Months Ended September 30, 2024 (Millions)	USCS		CS		ICS		GMNS		Corporate & Other (a)		Consolidated
Total non-interest revenues	$	5,028	$	3,304	$	2,659	$	1,667	$	(28)	$	12,630
Revenue from contracts with customers (b)	3,620		2,886		1,724		1,493		(7)		9,716
Interest income	3,722		1,142		588		11		686		6,149
Interest expense	806		448		311		(169)		747		2,143
Net interest income	2,916		694		277		180		(61)		4,006
Total revenues net of interest expense	7,944		3,998		2,936		1,847		(89)		16,636
Provisions for credit losses	812		374		158		10		2		1,356
Total revenues net of interest expense after provisions for credit losses	7,132		3,624		2,778		1,837		(91)		15,280
Expenses
Card Member rewards, business development and Card Member services (c)	3,570		1,627		1,296		269		15		6,777
Marketing	755		308		287		112		8		1,470
Salaries and employee benefits and other operating expenses	1,148		781		740		465		695		3,829
Total expenses	5,473		2,716		2,323		846		718		12,076
Pretax income (loss)	$	1,659	$	908	$	455	$	991	$	(809)	$	3,204
Total assets	$	106,201	$	59,716	$	43,073	$	17,739	$	44,250	$	270,979

Nine Months Ended September 30, 2024 (Millions)	USCS		CS		ICS		GMNS		Corporate & Other (a)		Consolidated
Total non-interest revenues	$	14,823	$	9,831	$	7,644	$	5,006	$	(39)	$	37,265
Revenue from contracts with customers (b)	10,785		8,603		4,983		4,505		(3)		28,873
Interest income	10,677		3,198		1,748		41		2,054		17,718
Interest expense	2,325		1,292		921		(543)		2,218		6,213
Net interest income	8,352		1,906		827		584		(164)		11,505
Total revenues net of interest expense	23,175		11,737		8,471		5,590		(203)		48,770
Provisions for credit losses	2,245		1,078		532		36		2		3,893
Total revenues net of interest expense after provisions for credit losses	20,930		10,659		7,939		5,554		(205)		44,877
Expenses
Card Member rewards, business development and Card Member services (c)	10,513		4,753		3,801		826		29		19,922
Marketing	2,238		959		929		281		19		4,426
Salaries and employee benefits and other operating expenses	3,347		2,256		2,212		902		1,673		10,390
Total expenses	16,098		7,968		6,942		2,009		1,721		34,738
Pretax income (loss)	$	4,832	$	2,691	$	997	$	3,545	$	(1,926)	$	10,139

(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.