REVENUES

3 Months Ended

Dec. 31, 2022

Revenue from Contract with Customer [Abstract]

REVENUES

REVENUESThe following tables present our sources of revenues by segment. For further information about our significant accounting policies related to revenue recognition see Note 2 of our 2022 Form 10-K. See and Note 22 of this Form 10-Q for additional information on our segment results.

	Three Months Ended December 31, 2022
$ in millions	Private Client Group		Capital Markets		Asset Management		Bank		Other and intersegment eliminations		Total
Revenues:
Asset management and related administrative fees	$	1,053	$	1	$	197	$	—	$	(9)	$	1,242
Brokerage revenues:
Securities commissions:
Mutual and other fund products	128		1		1		—		—		130
Insurance and annuity products	104		—		—		—		—		104
Equities, exchange traded funds (“ETFs”) and fixed income products	85		33		—		—		—		118
Subtotal securities commissions	317		34		1		—		—		352
Principal transactions (1)	28		100		—		4		—		132
Total brokerage revenues	345		134		1		4		—		484
Account and service fees:
Mutual fund and annuity service fees	98		—		—		—		—		98
RJBDP fees	405		1		—		—		(269)		137
Client account and other fees	60		2		5		—		(13)		54
Total account and service fees	563		3		5		—		(282)		289
Investment banking:
Merger & acquisition and advisory	—		102		—		—		—		102
Equity underwriting	9		15		—		—		(1)		23
Debt underwriting	—		16		—		—		—		16
Total investment banking	9		133		—		—		(1)		141
Other:
Affordable housing investments business revenues	—		24		—		—		—		24
All other (1)	6		—		2		13		(1)		20
Total other	6		24		2		13		(1)		44
Total non-interest revenues	1,976		295		205		17		(293)		2,200
Interest income (1)	109		23		2		676		17		827
Total revenues	2,085		318		207		693		(276)		3,027
Interest expense	(22)		(23)		—		(185)		(11)		(241)
Net revenues	$	2,063	$	295	$	207	$	508	$	(287)	$	2,786

(1)    These revenues are generally not in scope of the accounting guidance for revenue from contracts with customers.

	Three Months Ended December 31, 2021
$ in millions	Private Client Group		Capital Markets		Asset Management		Bank		Other and intersegment eliminations		Total
Revenues:
Asset management and related administrative fees	$	1,162	$	1	$	227	$	—	$	(8)	$	1,382
Brokerage revenues:
Securities commissions:
Mutual and other fund products	171		2		2		—		—		175
Insurance and annuity products	111		—		—		—		—		111
Equities, ETFs and fixed income products	104		35		—		—		—		139
Subtotal securities commissions	386		37		2		—		—		425
Principal transactions (1)	11		122		—		—		—		133
Total brokerage revenues	397		159		2		—		—		558
Account and service fees:
Mutual fund and annuity service fees	114		—		—		—		(1)		113
RJBDP fees	67		—		—		—		(50)		17
Client account and other fees	49		2		6		—		(10)		47
Total account and service fees	230		2		6		—		(61)		177
Investment banking:
Merger & acquisition and advisory	—		271		—		—		—		271
Equity underwriting	13		97		—		—		—		110
Debt underwriting	—		44		—		—		—		44
Total investment banking	13		412		—		—		—		425
Other:
Affordable housing investments business revenues	—		35		—		—		—		35
All other (1)	7		2		1		6		—		16
Total other	7		37		1		6		—		51
Total non-interest revenues	1,809		611		236		6		(69)		2,593
Interest income (1)	33		5		—		187		—		225
Total revenues	1,842		616		236		193		(69)		2,818
Interest expense	(3)		(2)		—		(10)		(22)		(37)
Net revenues	$	1,839	$	614	$	236	$	183	$	(91)	$	2,781

(1)    These revenues are generally not in scope of the accounting guidance for revenue from contracts with customers.

At December 31, 2022 and September 30, 2022, net receivables related to contracts with customers were $432 million and $511 million, respectively.