Institutional Securities1 — Income before provision for income taxes
Morgan Stanley Institutional Securities1 — Income before provision for income taxes increased by 56.3% to $4.16B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 26.8%, from $3.28B to $4.16B. Over 4 years (FY 2021 to FY 2025), Institutional Securities1 — Income before provision for income taxes shows relatively stable performance with a -1.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase reflects improved operational profitability and efficiency, while a decrease signals margin compression or higher operating costs.
Detailed definition
The operating profit of the Institutional Securities segment calculated by subtracting total noninterest expenses and cr...
Peer comparison
Comparable to pre-tax income metrics for business segments at other diversified financial services firms.
ms_segment_is_income_before_provision_for_income_taxesHistorical Data
| Q2 '21 | Q3 '21 | 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 | $2.50B | $2.97B | $2.97B | $2.79B | $1.55B | $1.63B | $748.00M | $1.89B | $977.00M | $1.20B | $408.00M | $2.35B | $2.05B | $1.91B | $2.44B | $3.28B | $2.11B | $3.18B | $2.66B | $4.16B |
| QoQ Change | — | +19.0% | -0.0% | -6.2% | -44.2% | +4.6% | -54.0% | +152.9% | -48.4% | +22.7% | -66.0% | +476.2% | -13.0% | -6.6% | +27.7% | +34.4% | -35.7% | +50.7% | -16.3% | +56.3% |
| YoY Change | — | — | — | — | -37.8% | -45.3% | -74.8% | -32.1% | -37.1% | -26.3% | -45.5% | +24.3% | +109.4% | +59.4% | +498.3% | +39.6% | +3.2% | +66.5% | +9.1% | +26.8% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Morgan Stanley's institutional securities1 — income before provision for income taxes?
- Morgan Stanley (MS) reported institutional securities1 — income before provision for income taxes of $4.16B in Q1 2026.
- How has Morgan Stanley's institutional securities1 — income before provision for income taxes changed year-over-year?
- Morgan Stanley's institutional securities1 — income before provision for income taxes increased by 26.8% year-over-year, from $3.28B to $4.16B.
- What is the long-term trend for Morgan Stanley's institutional securities1 — income before provision for income taxes?
- Over 4 years (2021 to 2025), Morgan Stanley's institutional securities1 — income before provision for income taxes has grown at a -1.2% compound annual growth rate (CAGR), from $11.81B to $11.24B.
- What does institutional securities1 — income before provision for income taxes mean?
- The profit earned by the Institutional Securities segment before paying income taxes.