Investor Presentaiton
Supplemental
Non-GAAP Reconciliations
Net Financing Revenue (ex. Core OID)
($ millions)
GAAP Net Financing Revenue
Core OID
Net Financing Revenue (ex. Core OID)
Adjusted Other Revenue
($ millions)
GAAP Other Revenue
Accelerated OID & repositioning items
Change in fair value of equity securities
Adjusted Other Revenue
Adjusted NIE (ex. Repositioning)
($ millions)
GAAP Noninterest Expense
Repositioning
Adjusted NIE (ex. Repositioning)
Core Pre-Provision Net Revenue
($ millions)
Pre-Provision Net Revenue
Core Pre-Provision Net Revenue
Adjusted Total Net Revenue
($ millions)
3Q 2023 Preliminary Results
QUARTERLY TREND
3Q 23
2Q 23
1Q 23
4Q 22
3Q 22
2Q 22
1Q 22
4Q 21
3Q 21
2Q 21
1Q 21
4Q 20
3Q 20
[x] $ 1,533
12
$ 1,573
12
$ 1,602
$ 1,674
$ 1,719
$ 1,764
$ 1,693
$ 1,654
$ 1,594
$ 1,547
11
11
11
10
10
9
9
9
$ 1,372
10
$ 1,303
$ 1,200
9
9
[a] $ 1,545
$ 1,585
$ 1,613
$ 1,685
$ 1,730
$ 1,774
$ 1,703
$ 1,663
$ 1,603
$ 1,556
$ 1,382
$ 1,312
$ 1,209
3Q 23
2Q 23
1Q 23
4Q 22
3Q 22
2Q 22
QUARTERLY TREND
1Q 22
4Q 21
3Q 21
2Q 21
1Q 21
4Q 20
3Q 20
[y] $ 435
$
506
$
498
$
527
$
297
$
312
$ 442
$
545
$
391
$
538
$
565
$ 678
$
484
9
52
70
56
(25)
(65)
(49)
62
[b] $ 491
$
481
$
433
$ 478
$ 359
$
136
448
66
(21)
65
(19)
(17)
(111)
(13)
$ 508 $
533
$
507
$
588
$
548
$ 567
$
471
3Q 23
[z] $ 1,232
2Q 23
$ 1,249
1Q 23
4Q 22
3Q 22
2Q 22
QUARTERLY TREND
1Q 22
4Q 21
$ 1,266
$ 1,266
$ 1,161
$ 1,138
$ 1,122
$ 1,090
3Q 21
$ 1,002
2Q 21
$ 1,075
1Q 21
$
4Q 20
3Q 20
943
$ 1,023
$
905
30
57
20
[c] $ 1,202
$ 1,249
$ 1,266
$ 1,209
$ 1,141
$ 1,138
$ 1,122
$ 1,090
$ 1,002
$ 1,075
$ 943
$ 1,023
$
905
QUARTERLY TREND
3Q 23
[x]+[y]-[z] 736
[a]+[b]-[c] $ 834
2Q 23
1Q 23
4Q 22
$
830
817
$
834
781
935
$ 954
$
3Q 22
855
948
2Q 22
938
1Q 22
1,013
4Q 21
1,109
3Q 21
983
$ 1,084
$ 1,088
$ 1,107
$ 1,108
2Q 21
1,010
$ 1,070
1Q 21
4Q 20
3Q 20
$
994
987
$
958
856
779
$ 775
Adjusted Total Net Revenue
[a]+[b] $ 2,036
$ 2,066
$ 2,047
$ 2,163
$ 2,089
$ 2,222
$ 2,210
$ 2,197
$ 2,110
$ 2,145
$ 1,930
$ 1,879
$ 1,680
Original issue discount amortization expense
($ millions)
QUARTERLY TREND
3Q 23
2Q 23
1Q 23
4Q 22
3Q 22
2Q 22
1Q 22
4Q 21
3Q 21
2Q 21
1Q 21
4Q 20
3Q 20
GAAP original issue discount amortization expense
Other OID
$
15
$
15
$
15
$
14
$
13
$
13
$
13
$
12
$
12
$
12
$
12
$
13
$
12
3
3
3
3
3
2
3
3
3
3
3
3
3
Core original issue discount (Core OID) amortization expense
(1)
$
12
$
12
$
11
$
11
$
11
$
10
$
10
$
9
$
9
$
9
$
10
$
9
$
9
Outstanding original issue discount balance
($ millions)
QUARTERLY TREND
3Q 23
2Q 23
1Q 23
4Q 22
3Q 22
GAAP outstanding original issue discount balance
Other outstanding OID balance
$ (847)
(42)
$
(863)
(45)
$ (878)
(48)
$ (882)
(40)
$ (888)
(36)
$
Core outstanding original issue discount balance (Core OID balance)
$ (806) $ (818)
$ (830)
$ (841)
$ (852) $
2Q 22
(901)
(39)
(863)
1Q 22
4Q 21
$ (873)
$ (883)
$ (911) $ (923) $
(37)
(40)
3Q 21
2Q 21
(929) $ (983)
(29)
$ (900) $ (952)
1Q 21
$ (1,052)
4Q 20
$ (1,064)
(32)
(34)
(37)
$ (1,018)
$ (1,027)
3Q 20
$ (1,084)
(48)
$ (1,037)
Note: Change in fair value of equity securities impacts the Insurance, Corporate Finance and Corporate and Other segments. The change reflects fair value adjustments to equity securities that are reported at fair
value. Management believes the change in fair value of equity securities should be removed from select financial measures because it enables the reader to better understand the business' ongoing ability to generate
revenue and income.
ally do it right.
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