XML 62 R53.htm IDEA: XBRL DOCUMENT v3.22.2
SEGMENT INFORMATION (Tables)
 9 Months Ended
Jun. 30, 2022
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 millions2022202120222021
Net revenues:  
Private Client Group$1,958 $1,696 $5,719 $4,810 
Capital Markets
383 446 1,410 1,331 
Asset Management
228 225 698 629 
Bank276 169 656 496 
Other
(21)2 (54)(6)
Intersegment eliminations
(106)(67)(257)(195)
Total net revenues$2,718 $2,471 $8,172 $7,065 
Pre-tax income/(loss):
Private Client Group$251 $195 $659 $527 
Capital Markets
61 115 349 349 
Asset Management
93 105 303 275 
Bank74 104 259 286 
Other
(64)(134)(164)(206)
Total pre-tax income
$415 $385 $1,406 $1,231 
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 millions2022202120222021
Net revenues:  
Private Client Group$1,958 $1,696 $5,719 $4,810 
Capital Markets
383 446 1,410 1,331 
Asset Management
228 225 698 629 
Bank276 169 656 496 
Other
(21)2 (54)(6)
Intersegment eliminations
(106)(67)(257)(195)
Total net revenues$2,718 $2,471 $8,172 $7,065 
Pre-tax income/(loss):
Private Client Group$251 $195 $659 $527 
Capital Markets
61 115 349 349 
Asset Management
93 105 303 275 
Bank74 104 259 286 
Other
(64)(134)(164)(206)
Total pre-tax income
$415 $385 $1,406 $1,231 
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 millions2022202120222021
Net interest income/(expense):
  
Private Client Group
$58 $29 $122 $84 
Capital Markets
3 1 8 5 
Asset Management
1 — 1 — 
Bank270 161 636 473 
Other(18)(26)(61)(69)
Net interest income$314 $165 $706 $493 
The following table presents goodwill, which was included in our total assets, on a segment basis.
$ in millionsJune 30, 2022September 30, 2021
Goodwill:
Private Client Group (1)
$564 $417 
Capital Markets173 174 
Asset Management69 69 
Bank (2)
529 — 
Total$1,335 $660 

(1)    As of June 30, 2022, this balance included £121 million, or $147 million, of goodwill arising from our acquisition of Charles Stanley on January 21, 2022. See Note 3 for further discussion.
(2)    Represents goodwill arising from our acquisition of TriState Capital on June 1, 2022. See Note 3 for further discussion.
Reconciliation of Total Assets from Segment to Consolidated
The following table presents our total assets on a segment basis.
$ in millionsJune 30, 2022September 30, 2021
Total assets:
Private Client Group (1)
$25,729 $20,270 
Capital Markets
2,169 2,457 
Asset Management (2)
546 476 
Bank (2)
55,562 36,154 
Other2,105 2,534 
Total$86,111 $61,891 
(1)    The June 30, 2022 balance reflected the assets of Charles Stanley which was acquired on January 21, 2022. See Note 3 for further discussion.
(2)    The June 30, 2022 balance reflected the assets of TriState Capital which was acquired on June 1, 2022. See Note 3 for further discussion.
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 classified by major geographic area in which they were earned.
 Three months ended June 30,Nine months ended June 30,
$ in millions2022202120222021
Net revenues:  
U.S.$2,472 $2,275 $7,491 $6,548 
Canada138 128 404 363 
Europe108 68 277 154 
Total$2,718 $2,471 $8,172 $7,065 
Pre-tax income: 
U.S.$393 $353 $1,330 $1,165 
Canada20 15 52 41 
Europe2 17 24 25 
Total$415 $385 $1,406 $1,231 
The following table presents our total assets by major geographic area in which they were held.
$ in millionsJune 30, 2022September 30, 2021
Total assets:
U.S. (1)
$78,911 $57,952 
Canada4,153 3,724 
Europe (2)
3,047 215 
Total$86,111 $61,891 

(1)    The June 30, 2022 balance reflected the assets of TriState Capital which was acquired on June 1, 2022. See Note 3 or further discussion.
(2)    The June 30, 2022 balance reflected the assets of Charles Stanley which was acquired on January 21, 2022. See Note 3 for further discussion.
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, 2022September 30, 2021
Goodwill:
U.S. (1)
$1,148 $619 
Canada25 25 
Europe (2)
162 16 
Total$1,335 $660 

(1)    As of June 30, 2022, this balance included $529 million of goodwill arising from our acquisition of TriState Capital on June 1, 2022. See Note 3 for further discussion.
(2)    As of June 30, 2022, this balance included £121 million, or $147 million, of goodwill arising from our acquisition of Charles Stanley on January 21, 2022. See Note 3 for further discussion.