Other Income & Expense

Change in Securities Borrowed

Morgan Stanley Change in Securities Borrowed increased by 310.2% to $22.80B in Q4 2025 compared to the prior quarter. Over 2 years (FY 2021 to FY 2025), Change in Securities Borrowed shows an upward trend with a 27.3% CAGR.

Analysis

StatementIncome Statement
SectionOther Income & Expense
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ4 2025

How to read this metric

An increase indicates higher activity in securities lending markets, often correlating with increased trading volume or client demand.

Detailed definition

Tracks the net change in cash collateral provided for securities borrowed as part of the firm's financing and trading op...

Peer comparison

Standard metric for firms with significant prime brokerage and trading operations.

Metric ID: is_ms_change_in_securities_borrowed

Historical Data

17 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$24.55B-$781.00M$3.79B$21.28B-$12.49B-$2.03B$12.84B-$7.09B-$18.21B$0.00$11.76B-$10.14B$9.70B$16.37B-$267.00M-$10.85B$22.80B
QoQ Change-103.2%+585.4%+461.4%-158.7%+83.7%+732.6%-155.2%-156.8%+100.0%-186.2%+195.7%+68.7%-101.6%<-999%+310.2%
YoY Change-150.9%-159.9%-39.7%+43.2%-797.0%-8.4%-43.1%+153.3%+39.2%+97.4%-211.8%
Range-$18.21B$24.55B
CAGR-1.8%
Avg YoY Growth-98.0%
Median YoY Growth-39.7%

Frequently Asked Questions

What is Morgan Stanley's change in securities borrowed?
Morgan Stanley (MS) reported change in securities borrowed of $22.80B in Q4 2025.
What is the long-term trend for Morgan Stanley's change in securities borrowed?
Over 2 years (2021 to 2025), Morgan Stanley's change in securities borrowed has grown at a 27.3% compound annual growth rate (CAGR), from $17.32B to $28.05B.
What does change in securities borrowed mean?
The net change in cash used to borrow securities for trading and operational needs.