Morgan Stanley (MS) Other Non-Interest Expense (2009 - 2026)
Morgan Stanley (MS) posted Other Non-Interest Expense of $2.95 billion for Q2 2026, up 32.4% from $2.23 billion a year earlier and up 23.6% from the prior quarter.
Morgan Stanley (MS) Other Non-Interest Expense (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Other Non-Interest Expense at Morgan Stanley was $9.8 billion, up 15.2% year-over-year; for FY2025, it was $8.82 billion, up 12.2% from FY2024.
- Annual Other Non-Interest Expense has increased for six consecutive years, with a five-year compound annual growth rate of 7.8% (FY2020 to FY2025).
- In prior years, Morgan Stanley's Other Non-Interest Expense was $7.86 billion in FY2024 (+3.3%), $7.61 billion in FY2023 (+8.0%), $7.05 billion in FY2022 (+0.2%) and $7.04 billion in FY2021 (+16.1%).
- The Q2 2026 figure stands as the highest quarterly Other Non-Interest Expense since Q4 2014.
- On a year-over-year basis, Other Non-Interest Expense has increased in each of the last six quarters, with growth averaging 13.2% over the last eight quarters.
- The strongest year-over-year quarter for Other Non-Interest Expense in the past five years was Q2 2026, with growth of 32.4%; the weakest was Q3 2022, with a decline of 8.9%.
- According to Business Quant data, Other Non-Interest Expense for the three prior quarters was $2.39 billion (Q1 2026), $2.27 billion (Q4 2025) and $2.2 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Other Non-Int. Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 920.14 Bn | 897.90 Bn | - | -4.05 Bn |
| 2 | Banco Santander Chile | 407.42 Bn | -7,109.68 Bn | - | - |
| 3 | Bank Of America | 353.20 Bn | -2,022.91 Bn | - | 3.50 Bn |
| 4 | Hsbc Holdings | 307.88 Bn | -2,967.28 Bn | - | 5.25 Bn |
| 5 | Morgan Stanley | 298.41 Bn | -244.41 Bn | - | 2.86 Bn |
| 6 | Royal Bank Of Canada | 283.46 Bn | -546.54 Bn | - | 672.02 Mn |
| 7 | Goldman Sachs | 264.45 Bn | -3,478.99 Bn | - | 4.84 Bn |
| 8 | Mitsubishi Ufj Financial | 259.19 Bn | -159.36 Bn | 5.24 Bn | - |
| 9 | Wells Fargo & Company | 258.28 Bn | 93.72 Bn | - | 2.69 Bn |
| 10 | American Express | 215.12 Bn | 14.60 Bn | - | 10.21 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.86 Bn |
| Jun 30, 2026 | 2.95 Bn |
| Mar 31, 2026 | 2.39 Bn |
| Dec 31, 2025 | 2.27 Bn |
| Sep 30, 2025 | 2.20 Bn |
| Jun 30, 2025 | 2.23 Bn |
| Mar 31, 2025 | 2.13 Bn |
| Dec 31, 2024 | 2.25 Bn |
| Sep 30, 2024 | 1.90 Bn |
| Jun 30, 2024 | 1.94 Bn |
| Mar 31, 2024 | 1.78 Bn |
| Dec 31, 2023 | 2.29 Bn |
| Sep 30, 2023 | 1.71 Bn |
| Jun 30, 2023 | 1.82 Bn |
| Mar 31, 2023 | 1.80 Bn |
| Dec 31, 2022 | 1.73 Bn |
| Sep 30, 2022 | 1.68 Bn |
| Jun 30, 2022 | 1.90 Bn |
| Mar 31, 2022 | 1.75 Bn |
| Dec 31, 2021 | 1.80 Bn |
Morgan Stanley Other Non-Interest Expense API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-non-interest-expense&ticker=MS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-non-interest-expense", "ticker": "MS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-non-interest-expense&ticker=MS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();