Revenue

Interest Income, Trading Assets (Net)

Morgan Stanley Interest Income, Trading Assets (Net) increased by 2.8% to $1.64B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 14.2%, from $1.43B to $1.64B. Over 4 years (FY 2021 to FY 2025), Interest Income, Trading Assets (Net) shows an upward trend with a 32.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionRevenue
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2015
Last reportedQ4 2025

How to read this metric

Positive net interest indicates profitable carry on trading positions; negative values suggest high funding costs for inventory.

Detailed definition

The net interest income derived from trading assets after accounting for interest expense on trading liabilities. This c...

Peer comparison

Specific to investment banks with large trading operations.

Metric ID: is_ms_interest_income_trading_assets_net

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$486.00M$525.00M$517.00M$524.00M$562.00M$635.00M$763.00M$913.00M$934.00M$1.33B$1.31B$1.38B$1.53B$1.58B$1.43B$1.44B$1.57B$1.59B$1.64B
QoQ Change+8.0%-1.5%+1.4%+7.3%+13.0%+20.2%+19.7%+2.3%+42.8%-2.0%+5.7%+10.8%+3.0%-9.1%+0.3%+9.3%+1.3%+2.8%
YoY Change+15.6%+21.0%+47.6%+74.2%+66.2%+110.1%+71.3%+51.4%+63.9%+18.2%+9.7%+4.1%+2.7%+1.0%+14.2%
Range$486.00M$1.64B
CAGR+31.0%
Avg YoY Growth+38.1%
Median YoY Growth+21.0%
Current Streak4 quarters growth

Frequently Asked Questions

What is Morgan Stanley's interest income, trading assets (net)?
Morgan Stanley (MS) reported interest income, trading assets (net) of $1.64B in Q4 2025.
How has Morgan Stanley's interest income, trading assets (net) changed year-over-year?
Morgan Stanley's interest income, trading assets (net) increased by 14.2% year-over-year, from $1.43B to $1.64B.
What is the long-term trend for Morgan Stanley's interest income, trading assets (net)?
Over 4 years (2021 to 2025), Morgan Stanley's interest income, trading assets (net) has grown at a 32.3% compound annual growth rate (CAGR), from $2.04B to $6.24B.
What does interest income, trading assets (net) mean?
Net interest earned from the firm's trading and market-making inventory.