Morgan Stanley Transaction taxes increased by 50.3% to $517.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 94.4%, from $266.00M to $517.00M. Over 4 years (FY 2021 to FY 2025), Transaction taxes shows an upward trend with a 7.4% CAGR.
An increase generally correlates with higher trading volumes or changes in regulatory tax environments, rather than internal operational performance.
Transaction taxes are the levies imposed by government authorities on specific financial trades or securities transactio...
Standard regulatory cost disclosure for firms with significant trading and brokerage operations.
other_transaction_taxes| 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 | $217.00M | $262.00M | $252.00M | $258.00M | $228.00M | $215.00M | $209.00M | $214.00M | $247.00M | $222.00M | $183.00M | $206.00M | $235.00M | $217.00M | $268.00M | $266.00M | $303.00M | $376.00M | $344.00M | $517.00M |
| QoQ Change | — | +20.7% | -3.8% | +2.4% | -11.6% | -5.7% | -2.8% | +2.4% | +15.4% | -10.1% | -17.6% | +12.6% | +14.1% | -7.7% | +23.5% | -0.7% | +13.9% | +24.1% | -8.5% | +50.3% |
| YoY Change | — | — | — | — | +5.1% | -17.9% | -17.1% | -17.1% | +8.3% | +3.3% | -12.4% | -3.7% | -4.9% | -2.3% | +46.4% | +29.1% | +28.9% | +73.3% | +28.4% | +94.4% |