Operating Expenses
Occupancy and equipment
Morgan Stanley Occupancy and equipment increased by 2.1% to $483.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.6%, from $449.00M to $483.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2025
Last reportedQ1 2026
How to read this metric
An increase may indicate expansion of the physical footprint or rising real estate costs, while a decrease suggests branch consolidation or a shift toward digital-first operations.
Detailed definition
This metric represents the recurring costs associated with maintaining physical branch networks, corporate office space,...
Peer comparison
Standard across all large financial institutions; peers often track this as a component of noninterest expense to measure operational leverage.
Metric ID:
occupancy_and_equipmentHistorical Data
15 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $414.00M | $427.00M | $427.00M | $430.00M | $429.00M | $440.00M | $471.00M | $456.00M | $441.00M | $464.00M | $473.00M | $449.00M | $459.00M | $473.00M | $483.00M |
| QoQ Change | — | +3.1% | +0.0% | +0.7% | -0.2% | +2.6% | +7.0% | -3.2% | -3.3% | +5.2% | +1.9% | -5.1% | +2.2% | +3.1% | +2.1% |
| YoY Change | — | — | — | +3.9% | +0.5% | +3.0% | +9.5% | +6.3% | +0.2% | -1.5% | +3.7% | +1.8% | -1.1% | +0.0% | +7.6% |
Range$414.00M – $483.00M
CAGR+4.5%
Avg YoY Growth+2.8%
Median YoY Growth+2.4%
Current Streak3 quarters growth
Occupancy and equipment at Other Companies
Frequently Asked Questions
- What is Morgan Stanley's occupancy and equipment?
- Morgan Stanley (MS) reported occupancy and equipment of $483.00M in Q1 2026.
- How has Morgan Stanley's occupancy and equipment changed year-over-year?
- Morgan Stanley's occupancy and equipment increased by 7.6% year-over-year, from $449.00M to $483.00M.
- What does occupancy and equipment mean?
- The total cost of renting, maintaining, and equipping physical office and branch locations.