What are Morgan Stanley (NYSE:MS)’s Q2 2026 earnings results?

Morgan Stanley (NYSE:MS) reported net revenue of $21.3 billion, net income of $5.58 billion and diluted EPS of $3.46. Revenue increased from $16.8 billion, while EPS rose from $2.13 one year earlier.

How did Morgan Stanley (NYSE:MS) perform against analyst expectations?

Morgan Stanley (NYSE:MS) reported EPS of $3.46, compared with an analyst estimate of $2.93, while its $21.3 billion revenue exceeded expectations of approximately $19.7 billion.

Why did Morgan Stanley (NYSE:MS)’s investment-banking revenue increase?

Morgan Stanley (NYSE:MS)’s investment-banking revenue rose 58% to $2.44 billion as completed mergers, IPOs, follow-on offerings and debt issuances increased.

How is Morgan Stanley (NYSE:MS)’s Wealth Management business performing?

Morgan Stanley (NYSE:MS) reported Wealth Management revenue of $8.86 billion and net new assets of $148.1 billion. The division’s pretax margin reached 30.5%.

What are Morgan Stanley (NYSE:MS)’s latest shareholder-return plans?

Morgan Stanley (NYSE:MS) authorized a new share-repurchase program of up to $20 billion and raised its quarterly dividend by $0.15 to $1.15 per share.

Image for illustrative purposes only. Not a real photo.

Morgan Stanley posts $21.3 billion quarterly revenue

Written by Jon CuthbertPublished Jul 15, 2026, 11:45 AM

Morgan Stanley reported record Q2 2026 revenue of $21.3 billion and diluted EPS of $3.46.
Morgan Stanley shares rose 0.45% to $229.19 in premarket trading following the earnings release.
The firm added $148.1 billion in wealth-management assets and authorized a new $20 billion share-repurchase program.

Morgan Stanley (NYSE:MS) reported record Q2 2026 net revenue of $21.3 billion and diluted EPS of $3.46 as its major business divisions expanded.

Revenue rose 27% from $16.8 billion, while EPS increased from $2.13 and exceeded the $2.93 analyst estimate reported before the results.

Institutional Securities revenue reached $11 billion, Wealth Management generated $8.9 billion, and the firm added $148.1 billion in net new assets.

Morgan Stanley reported Q1 2026 revenue of $20.6 billion, EPS of $3.43 and Wealth Management net new assets of $118.4 billion.

During the latest quarter, Morgan Stanley advised on the $17.6 billion Caesars transaction and worked on the SpaceX, Cerebras and Alphabet capital-market deals.

Morgan Stanley posts $21.3 billion quarterly revenue

Frequently asked questions

Assets related to this article