Morgan Stanley Wealth Management1 — Interest Income (Expense), Operating increased by 2.9% to $2.17B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.1%, from $1.90B to $2.17B. Over 4 years (FY 2021 to FY 2025), Wealth Management1 — Interest Income (Expense), Operating shows an upward trend with a 10.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates improved net interest margins or higher volumes of interest-earning assets, while a decrease signals margin compression.
The net interest result for the wealth management segment, calculated as interest income minus interest expense. This me...
Equivalent to Net Interest Income (NII) in banking segment reporting.
ms_segment_wm_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 | $1.26B | $1.35B | $1.41B | $1.54B | $1.75B | $2.00B | $2.14B | $2.16B | $2.16B | $1.95B | $1.85B | $1.86B | $1.80B | $1.77B | $1.89B | $1.90B | $1.91B | $1.99B | $2.11B | $2.17B |
| QoQ Change | — | +7.4% | +4.2% | +9.6% | +13.4% | +14.7% | +6.7% | +0.9% | -0.1% | -9.5% | -5.1% | +0.2% | -3.1% | -1.3% | +6.3% | +0.9% | +0.4% | +4.2% | +5.9% | +2.9% |
| YoY Change | — | — | — | — | +39.2% | +48.7% | +52.2% | +40.1% | +23.4% | -2.6% | -13.4% | -14.0% | -16.6% | -9.1% | +1.8% | +2.5% | +6.2% | +12.2% | +11.8% | +14.1% |