Morgan Stanley (MS) Interest Expenses (2009 - 2026)
Morgan Stanley's (MS) quarterly Interest Expenses came in at $13.1 billion in Q2 2026, up 4.49% year-over-year from $12.6 billion in Q2 2025, and up 4.39% quarter-over-quarter from $12.6 billion in Q1 2026.
Analysis
Morgan Stanley (MS) Interest Expenses (2009 - 2026) Analysis & Trends
Morgan Stanley (MS) has reported Interest Expenses for 18 consecutive years, with $13.1 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Interest Expenses rose 4.49% year-over-year to $13.1 billion in Q2 2026; TTM through Jun 2026 was $50.8 billion, a 8.27% increase from a year earlier, with the FY2025 full-year figure at $49.0 billion, up 7.67% from the prior year.
- Interest Expenses was $13.1 billion for Q2 2026 at Morgan Stanley, up from $12.6 billion in the prior quarter.
- Over five years, Interest Expenses peaked at $13.1 billion in Q2 2026 and troughed at $434.0 million in Q1 2022.
- A 5-year average of $9.5 billion and a median of $11.0 billion in 2024 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses surged 2046.89% in 2022 and climbed 0.05% in 2024, its largest moves.
- Over 5 years, Interest Expenses stood at $6.9 billion in 2022, then jumped by 58.15% to $10.9 billion in 2023, then gained by 0.05% to $10.9 billion in 2024, then grew by 10.6% to $12.1 billion in 2025, then gained by 8.46% to $13.1 billion in 2026.
- The last three Interest Expenses figures came in at $13.1 billion (Q2 2026), $12.6 billion (Q1 2026), and $12.1 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 439.96 Bn | -148.54 Bn | 30.39 Bn | 17.84 Bn |
| 2 | Morgan Stanley | 336.99 Bn | 176.86 Bn | - | 13.12 Bn |
| 3 | Goldman Sachs | 299.92 Bn | -676.43 Bn | - | 18.09 Bn |
| 4 | Royal Bank Of Canada | 288.24 Bn | 61.39 Bn | - | 12.80 Bn |
| 5 | Mitsubishi Ufj Financial | 283.40 Bn | -100.92 Bn | 10.89 Bn | 1.49 Bn |
| 6 | Wells Fargo & Company | 273.32 Bn | 71.49 Bn | - | 10.97 Bn |
| 7 | Banco Santander | 219.61 Bn | 227.22 Bn | 28.01 Bn | -34.43 Bn |
| 8 | American Express | 219.16 Bn | 169.84 Bn | 17.99 Bn | 1.96 Bn |
| 9 | Toronto Dominion Bank | 204.38 Bn | 43.05 Bn | - | 3.04 Bn |
| 10 | Schwab Charles | 185.52 Bn | 111.93 Bn | - | 789.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.12 Bn |
| Mar 31, 2026 | 12.57 Bn |
| Dec 31, 2025 | 12.10 Bn |
| Sep 30, 2025 | 12.97 Bn |
| Jun 30, 2025 | 12.56 Bn |
| Mar 31, 2025 | 11.40 Bn |
| Dec 31, 2024 | 10.94 Bn |
| Sep 30, 2024 | 11.99 Bn |
| Jun 30, 2024 | 11.46 Bn |
| Mar 31, 2024 | 11.13 Bn |
| Dec 31, 2023 | 10.93 Bn |
| Sep 30, 2023 | 10.15 Bn |
| Jun 30, 2023 | 8.90 Bn |
| Mar 31, 2023 | 7.63 Bn |
| Dec 31, 2022 | 6.91 Bn |
| Sep 30, 2022 | 3.59 Bn |
| Jun 30, 2022 | 1.33 Bn |
| Mar 31, 2022 | 434.00 Mn |
| Dec 31, 2021 | 322.00 Mn |
| Sep 30, 2021 | 288.00 Mn |