Morgan Stanley Institutional Securities1 — Interest Income (Expense), Operating decreased by 28.4% to $540.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.1%, from $469.00M to $540.00M. Over 4 years (FY 2021 to FY 2025), Institutional Securities1 — Interest Income (Expense), Operating shows a downward trend with a -4.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
A higher net interest income indicates effective management of the spread between assets and liabilities, contributing to overall profitability.
The net result of interest income minus interest expense, representing the net interest margin generated by the firm's o...
Comparable to Net Interest Income (NII) at commercial and investment banks.
ms_segment_is_interest_income_expense_operating| 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 | $610.00M | $716.00M | $681.00M | $681.00M | $546.00M | $520.00M | $208.00M | $223.00M | -$118.00M | $51.00M | $65.00M | -$35.00M | $298.00M | $439.00M | $677.00M | $469.00M | $465.00M | $517.00M | $754.00M | $540.00M |
| QoQ Change | — | +17.4% | -4.9% | +0.0% | -19.8% | -4.8% | -60.0% | +7.2% | -152.9% | +143.2% | +27.5% | -153.8% | +951.4% | +47.3% | +54.2% | -30.7% | -0.9% | +11.2% | +45.8% | -28.4% |
| YoY Change | — | — | — | — | -10.5% | -27.4% | -69.5% | -67.3% | -121.6% | -90.2% | -68.8% | -115.7% | +352.5% | +760.8% | +941.5% | >999% | +56.0% | +17.8% | +11.4% | +15.1% |