KPIs & Operating Metrics(New)

Morgan Stanley (MS) Interest Expense - Fed Funds (2016 - 2025)

Morgan Stanley (MS) has disclosed Interest Expense - Fed Funds for 14 consecutive years, with $3.1 billion as the latest value for Q4 2025.

  • On a quarterly basis, Interest Expense - Fed Funds rose 14.36% to $3.1 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $12.9 billion, a 19.37% increase, with the full-year FY2025 number at $12.9 billion, up 19.35% from a year prior.
  • Interest Expense - Fed Funds was $3.1 billion for Q4 2025 at Morgan Stanley, down from $3.4 billion in the prior quarter.
  • In the past five years, Interest Expense - Fed Funds ranged from a high of $3.4 billion in Q3 2025 to a low of $11.0 million in Q4 2021.
  • A 5-year average of $1.6 billion and a median of $1.7 billion in 2023 define the central range for Interest Expense - Fed Funds.
  • Peak YoY movement for Interest Expense - Fed Funds: soared 9309.09% in 2022, then increased 13.4% in 2025.
  • Morgan Stanley's Interest Expense - Fed Funds stood at $11.0 million in 2021, then skyrocketed by 9309.09% to $1.0 billion in 2022, then skyrocketed by 109.66% to $2.2 billion in 2023, then increased by 22.9% to $2.7 billion in 2024, then increased by 14.36% to $3.1 billion in 2025.
  • Per Business Quant, the three most recent readings for MS's Interest Expense - Fed Funds are $3.1 billion (Q4 2025), $3.4 billion (Q3 2025), and $3.4 billion (Q2 2025).