Business Segments · Noninterest Income

Investment Management — Noninterest Income

Morgan Stanley Investment Management — Noninterest Income decreased by 10.7% to $1.56B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.7%, from $1.63B to $1.56B. Over 4 years (FY 2021 to FY 2025), Investment Management — Noninterest Income shows relatively stable performance with a 1.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Higher values indicate strong core business performance and market-driven revenue generation.

Detailed definition

The sum of all revenue generated by the segment excluding interest income, including management fees, trading gains, and...

Peer comparison

Standard metric for evaluating the fee-based revenue base of financial segments.

Metric ID: ms_segment_im_noninterest_income

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.70B$1.46B$1.75B$1.34B$1.42B$1.19B$1.49B$1.33B$1.31B$1.37B$1.49B$1.41B$1.42B$1.49B$1.66B$1.63B$1.59B$1.68B$1.74B$1.56B
QoQ Change-14.6%+20.4%-23.5%+6.1%-16.6%+25.4%-10.8%-1.1%+4.2%+9.0%-5.4%+0.8%+4.5%+12.0%-2.0%-2.5%+5.6%+3.7%-10.7%
YoY Change-16.5%-18.5%-15.1%-1.0%-7.7%+15.2%+0.2%+6.3%+8.3%+8.6%+11.6%+15.6%+11.8%+13.0%+4.6%-4.7%
Range$1.19B$1.75B
CAGR-1.9%
Avg YoY Growth+2.0%
Median YoY Growth+5.5%

Frequently Asked Questions

What is Morgan Stanley's investment management — noninterest income?
Morgan Stanley (MS) reported investment management — noninterest income of $1.56B in Q1 2026.
How has Morgan Stanley's investment management — noninterest income changed year-over-year?
Morgan Stanley's investment management — noninterest income decreased by 4.7% year-over-year, from $1.63B to $1.56B.
What is the long-term trend for Morgan Stanley's investment management — noninterest income?
Over 4 years (2021 to 2025), Morgan Stanley's investment management — noninterest income has grown at a 1.6% compound annual growth rate (CAGR), from $6.23B to $6.64B.
What does investment management — noninterest income mean?
Total revenue from non-interest sources like fees and trading.