Morgan Stanley posts $21.3 billion quarterly revenue

• 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.