Morgan Stanley (MS) Non-Interest Income (2009 - 2026)
Morgan Stanley (MS) posted quarterly Non-Interest Income of $17.9 billion for Q1 2026, up 16.19% year-over-year from $15.4 billion in Q1 2025, and up 18.9% quarter-over-quarter from $15.0 billion in Q4 2025.
Morgan Stanley (MS) Non-Interest Income (2009 - 2026) Analysis & Trends
Morgan Stanley (MS) has reported Non-Interest Income for 18 consecutive years, with $17.9 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Non-Interest Income rose 16.19% year-over-year to $17.9 billion; the TTM figure through Mar 2026 stood at $48.4 billion (down 39.49% YoY), while the FY2025 annual figure was $60.6 billion, up 14.02% from the prior year.
- Non-Interest Income climbed to $17.9 billion in Q1 2026 per MS's latest filing, from $15.0 billion in the prior quarter.
- Across five years, Non-Interest Income topped out at $50.5 billion in Q4 2024 and bottomed at $829.0 million in Q3 2022.
- Historically, Non-Interest Income has averaged $10.5 billion across 5 years, with a median of $11.0 billion in 2023.
- Annual changes were most pronounced in 2022 — Non-Interest Income plunged 93.69% — and 2025, when it surged 1435.07%.
- Morgan Stanley's Non-Interest Income stood at $878.0 million in 2022, then surged by 1152.73% to $11.0 billion in 2023, then soared by 359.1% to $50.5 billion in 2024, then slumped by 70.23% to $15.0 billion in 2025, then increased by 18.9% to $17.9 billion in 2026.
- Business Quant data shows MS's Non-Interest Income at $17.9 billion in Q1 2026, $15.0 billion in Q4 2025, and $1.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Interest Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 18.57 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 16.38 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | -25.00 Mn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | - |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 839.00 Mn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | - |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | - |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | - |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | 1.45 Bn |
| 10 | UP Fintech Holding | 13.78 Bn | 13.78 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.57 Bn |
| Mar 31, 2026 | 17.88 Bn |
| Dec 31, 2025 | 15.04 Bn |
| Sep 30, 2025 | 1.06 Bn |
| Jun 30, 2025 | 14.45 Bn |
| Mar 31, 2025 | 15.39 Bn |
| Dec 31, 2024 | 50.50 Bn |
| Sep 30, 2024 | 13.19 Bn |
| Jun 30, 2024 | 941.00 Mn |
| Mar 31, 2024 | 13.34 Bn |
| Dec 31, 2023 | 11.00 Bn |
| Sep 30, 2023 | 11.30 Bn |
| Jun 30, 2023 | 947.00 Mn |
| Mar 31, 2023 | 920.00 Mn |
| Dec 31, 2022 | 878.00 Mn |
| Sep 30, 2022 | 829.00 Mn |
| Jun 30, 2022 | 10.85 Bn |
| Mar 31, 2022 | 864.00 Mn |
| Dec 31, 2021 | 12.44 Bn |
| Sep 30, 2021 | 12.69 Bn |