Morgan Stanley Interest Expense, Repurchase Agreements decreased by 10.1% to $3.05B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 14.3%, from $2.67B to $3.05B. Over 4 years (FY 2021 to FY 2025), Interest Expense, Repurchase Agreements shows an upward trend with a 243.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Rising costs here often reflect tighter liquidity conditions in the repo market or increased reliance on short-term secured financing.
Interest expense associated with securities sold under agreements to repurchase, which are short-term collateralized fin...
Standard for firms with significant trading and securities financing operations; often categorized under Interest Expense.
is_ms_interest_expense_repo| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $26.00M | $19.00M | $11.00M | $49.00M | $174.00M | $501.00M | $1.04B | $1.22B | $1.45B | $1.90B | $2.17B | $2.40B | $2.72B | $2.99B | $2.67B | $3.07B | $3.36B | $3.39B | $3.05B |
| QoQ Change | — | -26.9% | -42.1% | +345.5% | +255.1% | +187.9% | +106.8% | +17.6% | +19.2% | +30.6% | +14.4% | +10.7% | +13.4% | +10.0% | -10.9% | +15.0% | +9.5% | +1.0% | -10.1% |
| YoY Change | — | — | — | — | +569.2% | >999% | >999% | >999% | +734.5% | +278.6% | +109.5% | +97.2% | +87.5% | +57.8% | +22.9% | +27.8% | +23.4% | +13.4% | +14.3% |