Morgan Stanley (MS) Interest Expense - Fed Funds (2009 - 2026)
Morgan Stanley's (MS) quarterly Interest Expense - Fed Funds came in at $3.6 billion in Q2 2026, up 6.31% year-over-year from $3.4 billion in Q2 2025, and down 1.16% quarter-over-quarter from $3.6 billion in Q1 2026.
Analysis
Morgan Stanley (MS) Interest Expense - Fed Funds (2009 - 2026) Analysis & Trends
Morgan Stanley (MS) has reported Interest Expense - Fed Funds for 15 consecutive years, with $3.6 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Interest Expense - Fed Funds rose 6.31% year-over-year to $3.6 billion in Q2 2026; TTM through Jun 2026 was $13.6 billion, a 12.75% increase from a year earlier, with the FY2025 full-year figure at $12.9 billion, up 19.35% from the prior year.
- Interest Expense - Fed Funds was $3.6 billion for Q2 2026 at Morgan Stanley, down from $3.6 billion in the prior quarter.
- Over five years, Interest Expense - Fed Funds peaked at $3.6 billion in Q1 2026 and troughed at $49.0 million in Q1 2022.
- A 5-year average of $2.2 billion and a median of $2.5 billion in 2024 frame the typical range for Interest Expense - Fed Funds.
- Across the five-year window, Interest Expense - Fed Funds surged 9309.09% in 2022 and climbed 6.31% in 2026, its largest moves.
- Over 5 years, Interest Expense - Fed Funds stood at $1.0 billion in 2022, then surged by 109.66% to $2.2 billion in 2023, then climbed by 22.9% to $2.7 billion in 2024, then rose by 14.36% to $3.1 billion in 2025, then increased by 17.15% to $3.6 billion in 2026.
- The last three Interest Expense - Fed Funds figures came in at $3.6 billion (Q2 2026), $3.6 billion (Q1 2026), and $3.1 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn |
| 2 | Morgan Stanley | 342.23 Bn | 182.09 Bn | - |
| 3 | Goldman Sachs | 302.60 Bn | -673.74 Bn | - |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn |
| 5 | Royal Bank Of Canada | 295.00 Bn | 68.16 Bn | - |
| 6 | Wells Fargo & Company | 272.35 Bn | 70.52 Bn | - |
| 7 | American Express | 220.11 Bn | 170.79 Bn | 17.99 Bn |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn |
| 9 | Toronto Dominion Bank | 205.51 Bn | 44.18 Bn | - |
| 10 | Schwab Charles | 189.00 Bn | 115.41 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.57 Bn |
| Mar 31, 2026 | 3.62 Bn |
| Dec 31, 2025 | 3.05 Bn |
| Sep 30, 2025 | 3.39 Bn |
| Jun 30, 2025 | 3.36 Bn |
| Mar 31, 2025 | 3.07 Bn |
| Dec 31, 2024 | 2.67 Bn |
| Sep 30, 2024 | 2.99 Bn |
| Jun 30, 2024 | 2.72 Bn |
| Mar 31, 2024 | 2.40 Bn |
| Dec 31, 2023 | 2.17 Bn |
| Sep 30, 2023 | 1.90 Bn |
| Jun 30, 2023 | 1.45 Bn |
| Mar 31, 2023 | 1.22 Bn |
| Dec 31, 2022 | 1.04 Bn |
| Sep 30, 2022 | 501.00 Mn |
| Jun 30, 2022 | 174.00 Mn |
| Mar 31, 2022 | 49.00 Mn |
| Dec 31, 2021 | 11.00 Mn |
| Sep 30, 2021 | 19.00 Mn |