Morgan Stanley (MS) Non-Interest Income (2009 - 2026)
Morgan Stanley's (MS) quarterly Non-Interest Income came in at $18.6 billion in Q2 2026, up 28.54% year-over-year from $14.4 billion in Q2 2025, and up 3.87% quarter-over-quarter from $17.9 billion in Q1 2026.
Analysis
Morgan Stanley (MS) Non-Interest Income (2009 - 2026) Analysis & Trends
Morgan Stanley (MS) has reported Non-Interest Income for 18 consecutive years, with $18.6 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Non-Interest Income rose 28.54% year-over-year to $18.6 billion in Q2 2026; TTM through Jun 2026 was $67.2 billion, a 18.56% increase from a year earlier, with the FY2025 full-year figure at $60.6 billion, up 14.02% from the prior year.
- Non-Interest Income was $18.6 billion for Q2 2026 at Morgan Stanley, up from $17.9 billion in the prior quarter.
- Over five years, Non-Interest Income peaked at $18.6 billion in Q2 2026 and troughed at $10.4 billion in Q4 2022.
- A 5-year average of $13.4 billion and a median of $13.1 billion in 2024 frame the typical range for Non-Interest Income.
- Across the five-year window, Non-Interest Income retreated 17.45% in 2022 and rose 28.54% in 2026, its largest moves.
- Over 5 years, Non-Interest Income stood at $10.4 billion in 2022, then increased by 5.46% to $11.0 billion in 2023, then climbed by 24.29% to $13.7 billion in 2024, then rose by 9.98% to $15.0 billion in 2025, then advanced by 23.5% to $18.6 billion in 2026.
- The last three Non-Interest Income figures came in at $18.6 billion (Q2 2026), $17.9 billion (Q1 2026), and $15.0 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Interest Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 439.96 Bn | -148.54 Bn | 30.39 Bn | 15.56 Bn |
| 2 | Morgan Stanley | 336.99 Bn | 176.86 Bn | - | 18.57 Bn |
| 3 | Goldman Sachs | 299.92 Bn | -676.43 Bn | - | 16.38 Bn |
| 4 | Royal Bank Of Canada | 288.24 Bn | 61.39 Bn | - | -8.54 Bn |
| 5 | Mitsubishi Ufj Financial | 283.40 Bn | -100.92 Bn | 10.89 Bn | 16.83 Bn |
| 6 | Wells Fargo & Company | 273.32 Bn | 71.49 Bn | - | 10.31 Bn |
| 7 | Banco Santander | 219.61 Bn | 227.22 Bn | 28.01 Bn | - |
| 8 | American Express | 219.16 Bn | 169.84 Bn | 17.99 Bn | 14.99 Bn |
| 9 | Toronto Dominion Bank | 204.38 Bn | 43.05 Bn | - | 16.01 Bn |
| 10 | Schwab Charles | 185.52 Bn | 111.93 Bn | - | -25.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.57 Bn |
| Mar 31, 2026 | 17.88 Bn |
| Dec 31, 2025 | 15.04 Bn |
| Sep 30, 2025 | 15.73 Bn |
| Jun 30, 2025 | 14.45 Bn |
| Mar 31, 2025 | 15.39 Bn |
| Dec 31, 2024 | 13.67 Bn |
| Sep 30, 2024 | 13.19 Bn |
| Jun 30, 2024 | 12.95 Bn |
| Mar 31, 2024 | 13.34 Bn |
| Dec 31, 2023 | 11.00 Bn |
| Sep 30, 2023 | 11.30 Bn |
| Jun 30, 2023 | 11.45 Bn |
| Mar 31, 2023 | 12.17 Bn |
| Dec 31, 2022 | 10.43 Bn |
| Sep 30, 2022 | 10.48 Bn |
| Jun 30, 2022 | 10.85 Bn |
| Mar 31, 2022 | 12.59 Bn |
| Dec 31, 2021 | 12.44 Bn |
| Sep 30, 2021 | 12.69 Bn |