Morgan Stanley Institutional Securities1 — Investment banking decreased by 12.3% to $2.12B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 35.7%, from $1.56B to $2.12B. Over 4 years (FY 2021 to FY 2025), Institutional Securities1 — Investment banking shows a downward trend with a -7.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests strong corporate deal-making activity and successful client acquisition, while a decrease may indicate a slowdown in capital markets.
Revenue generated from advisory services, underwriting, and capital raising activities for corporate and institutional c...
Standard across all major investment banks under Investment Banking or Advisory revenue lines.
ms_segment_is_investment_banking| 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 | $2.38B | $2.85B | $2.43B | $1.63B | $1.07B | $1.28B | $1.25B | $1.25B | $1.08B | $938.00M | $1.32B | $1.45B | $1.62B | $1.46B | $1.64B | $1.56B | $1.54B | $2.11B | $2.41B | $2.12B |
| QoQ Change | — | +19.9% | -14.6% | -32.9% | -34.4% | +19.1% | -2.0% | -0.4% | -13.8% | -12.7% | +40.5% | +9.8% | +11.9% | -9.6% | +12.2% | -5.0% | -1.2% | +36.9% | +14.4% | -12.3% |
| YoY Change | — | — | — | — | -54.9% | -55.2% | -48.6% | -23.7% | +0.3% | -26.5% | +5.3% | +16.0% | +50.6% | +56.0% | +24.5% | +7.7% | -4.9% | +44.1% | +47.0% | +35.7% |