Non-Current Liabilities
Borrowings at Fair Value
Morgan Stanley Borrowings at Fair Value increased by 11.8% to $13.62B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.4%, from $13.95B to $13.62B. Over 4 years (FY 2021 to FY 2025), Borrowings at Fair Value shows a downward trend with a -2.7% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 5, 2026
How to read this metric
Changes reflect both shifts in market interest rates and changes in the bank's credit spread, impacting the valuation of liabilities.
Detailed definition
This represents debt obligations that the bank has elected to measure at fair value rather than amortized cost. This acc...
Peer comparison
Used by large financial institutions under fair value option accounting standards.
Metric ID:
borrowings_at_fair_valueHistorical Data
18 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $13.59B | $12.98B | $14.65B | $14.11B | $12.20B | $14.39B | $12.11B | $11.80B | $12.37B | $13.60B | $13.62B | $14.14B | $13.71B | $13.95B | $14.10B | $14.15B | $12.18B | $13.62B |
| QoQ Change | — | -4.4% | +12.9% | -3.7% | -13.5% | +18.0% | -15.8% | -2.6% | +4.9% | +10.0% | +0.1% | +3.8% | -3.0% | +1.7% | +1.1% | +0.3% | -13.9% | +11.8% |
| YoY Change | — | — | — | — | -10.2% | +10.8% | -17.3% | -16.4% | +1.4% | -5.5% | +12.4% | +19.8% | +10.9% | +2.5% | +3.5% | +0.1% | -11.2% | -2.4% |
Range$11.80B – $14.65B
CAGR+0.1%
Avg YoY Growth-0.1%
Median YoY Growth+0.7%
Borrowings at Fair Value at Other Companies
Frequently Asked Questions
- What is Morgan Stanley's borrowings at fair value?
- Morgan Stanley (MS) reported borrowings at fair value of $13.62B in Q1 2026.
- How has Morgan Stanley's borrowings at fair value changed year-over-year?
- Morgan Stanley's borrowings at fair value decreased by 2.4% year-over-year, from $13.95B to $13.62B.
- What is the long-term trend for Morgan Stanley's borrowings at fair value?
- Over 4 years (2021 to 2025), Morgan Stanley's borrowings at fair value has grown at a -2.7% compound annual growth rate (CAGR), from $13.59B to $12.18B.
- What does borrowings at fair value mean?
- Debt obligations measured at their current market value rather than historical cost.