Morgan Stanley Institutional Securities1 — Interest Expense increased by 10.5% to $11.28B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.5%, from $9.60B to $11.28B. Over 2 years (FY 2022 to FY 2025), Institutional Securities1 — Interest Expense shows an upward trend with a 91.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may signal higher funding costs or increased leverage, while a decrease suggests more efficient funding or a lower interest rate environment.
Total costs incurred for interest paid on deposits, borrowings, and other liabilities. This represents the firm's cost o...
Standard metric for all financial institutions to measure the cost of capital.
ms_segment_is_interest_expense| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.83B | $2.83B | $2.83B | $2.83B | $7.80B | $8.56B | $9.34B | $9.61B | $9.98B | $9.01B | $9.60B | $10.68B | $10.99B | $10.21B | $11.28B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +175.6% | +9.8% | +9.1% | +2.9% | +3.9% | -9.7% | +6.6% | +11.2% | +2.9% | -7.1% | +10.5% |
| YoY Change | — | — | — | — | +175.6% | +202.4% | — | +23.3% | +16.6% | — | +2.8% | +11.0% | +10.1% | +13.3% | +17.5% |