Morgan Stanley (MS) Interest Expense - Deposits (2009 - 2026)
Morgan Stanley (MS) reported Interest Expense - Deposits of $2.7 billion for Q2 2026, up 3.7% from $2.6 billion a year earlier and up 5.6% from the prior quarter.
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Analysis
Morgan Stanley (MS) Interest Expense - Deposits (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Morgan Stanley's Interest Expense - Deposits came in at $10.76 billion, up 2.8% year-over-year; for FY2025, it came in at $10.63 billion, up 2.5% from FY2024.
- Interest Expense - Deposits has increased for four consecutive years, with a five-year compound annual growth rate of 62.0% (FY2020 to FY2025).
- By year, Interest Expense - Deposits came in at $10.37 billion in FY2024 (+26.2%), $8.22 billion in FY2023 (+350.2%), $1.83 billion in FY2022 (+346.2%) and $409 million in FY2021 (-57.1%).
- Five-year quarterly Interest Expense - Deposits spans a low of $73 million in Q1 2022 and a high of $2.82 billion in Q3 2025.
- Year over year, Interest Expense - Deposits has now increased in each of the last 12 quarters, with growth averaging 5.4% over the last eight quarters.
- The high point for year-over-year Interest Expense - Deposits in five years was Q3 2023 (growth of 377.1%); the low point was Q4 2021 (a decline of 47.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.56 billion (Q1 2026), $2.68 billion (Q4 2025) and $2.82 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 10.76 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 7.37 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 2.70 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 7.85 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 3.48 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 5.10 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 5.52 Bn |
| 10 | American Express | 205.34 Bn | -2.83 Bn | - | 1.28 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.70 Bn |
| Mar 31, 2026 | 2.56 Bn |
| Dec 31, 2025 | 2.68 Bn |
| Sep 30, 2025 | 2.82 Bn |
| Jun 30, 2025 | 2.60 Bn |
| Mar 31, 2025 | 2.52 Bn |
| Dec 31, 2024 | 2.59 Bn |
| Sep 30, 2024 | 2.75 Bn |
| Jun 30, 2024 | 2.55 Bn |
| Mar 31, 2024 | 2.48 Bn |
| Dec 31, 2023 | 2.42 Bn |
| Sep 30, 2023 | 2.27 Bn |
| Jun 30, 2023 | 1.95 Bn |
| Mar 31, 2023 | 1.58 Bn |
| Dec 31, 2022 | 1.14 Bn |
| Sep 30, 2022 | 476.00 Mn |
| Jun 30, 2022 | 135.00 Mn |
| Mar 31, 2022 | 73.00 Mn |
| Dec 31, 2021 | 79.00 Mn |
| Sep 30, 2021 | 102.00 Mn |
API Access
Morgan Stanley Interest Expense - Deposits API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=MS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "ticker": "MS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=MS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();