Morgan Stanley MS
NYSE MS
$214.04 -1.31 (-0.61%)
As of: Sep 10, 2026 · 9:31 AM EDT

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

Historic Data

Download Data
DateValue
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