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Net Revenues: $18.7 billion in Q3 2026, second highest in company history.
Earnings Per Share: $17.01; approximately $18 excluding accelerated charitable contribution impact.
Return on Equity (ROE): 18.7% for Q3; ~20% excluding charitable contribution.
Return on Tangible Equity (ROTE): 20.5% for Q3; ~21.5% excluding charitable contribution.
Year-to-Date ROE: 20.7%.
Year-to-Date ROTE: 22.4%.
Global Banking and Markets Revenues: $13.5 billion in Q3, second highest quarterly revenues; segment ROE of 23.5% year-to-date.
Advisory Revenues: $1.7 billion, a quarterly record, up 18% year-over-year.
Equity Underwriting Revenues: $666 million, up 43% year-over-year.
Debt Underwriting Revenues: $904 million, up 15% year-over-year.
FICC Net Revenues: Essentially unchanged year-over-year; intermediation revenues declined 7%; financing revenues increased 14% to second highest level.
Equities Net Revenues: $6.4 billion, up 72% year-over-year, second best quarter; intermediation up 52%; financing up 96% to a record.
Total Financing Revenues: $12.7 billion year-to-date, a record, representing over 40% of combined FICC and equities revenues.
Asset and Wealth Management Revenues: $5.1 billion, up 14% year-over-year.
Management and Other Fees: Record $3.6 billion, up 22% year-over-year; surpassed $10 billion year-to-date.
Incentive Fees: $587 million; expected to remain elevated in Q4.
Private Banking and Lending Revenues: $827 million, up 20% sequentially.
Investment Revenues: $50 million.
Assets Under Supervision: Record $4.1 trillion; $97 billion of long-term fee-based net inflows (35th consecutive quarter of inflows).
Wealth Management Client Assets: Record $2.1 trillion; $47 billion of long-term net inflows.
Alternative Assets Under Supervision: Record $491 billion, up 26% year-over-year; $860 million in management and other fees.
Fundraising: $37 billion in Q3; $122 billion year-to-date; full-year expectation of roughly $150 billion.
Net Interest Income: $3.8 billion firm-wide.
Total Loan Portfolio: $276 billion, up 6% from prior quarter; loan balances up 6% to $51 billion.
Provision for Credit Losses: $368 million.
Total Operating Expenses: $11.3 billion for Q3; $33.4 billion year-to-date.
Efficiency Ratio: 59.4% year-to-date, improving 270 basis points from prior year.
Compensation Ratio (net of provisions): Reduced to 30% year-to-date.
Non-Compensation Expenses: $6.2 billion for Q3, up 30% year-over-year.
Charitable Contribution: ~$450 million tax-efficient contribution; ~$1 impact on quarterly EPS; ~1.1 percentage point impact each on ROE and ROTE.
Effective Tax Rate: 20.4% year-to-date; ~20% expected for full year.
Common Equity Tier 1 Ratio: 12.4% under…
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