Institutional Securities — Interest Expense
Business Segments · Interest ExpenseMorgan Stanley Institutional Securities — Interest Expense decreased by 7.1% to $10.21B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 13.3%, from $9.01B to $10.21B. Over 2 years (FY 2022 to FY 2025), Institutional Securities — Interest Expense shows an upward trend with a 91.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase may signal higher funding costs or increased leverage, while a decrease suggests more efficient funding or a lower interest rate environment.
Detailed definition
Total costs incurred for interest paid on deposits, borrowings, and other liabilities. This represents the firm's cost o...
Peer comparison
Standard metric for all financial institutions to measure the cost of capital.
ms_segment_is_interest_expenseHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.83B | $2.83B | $2.83B | $2.83B | $7.80B | $8.56B | $9.34B | $9.61B | $9.98B | $9.01B | $9.60B | $10.68B | $10.99B | $10.21B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +175.6% | +9.8% | +9.1% | +2.9% | +3.9% | -9.7% | +6.6% | +11.2% | +2.9% | -7.1% |
| YoY Change | — | — | — | — | +175.6% | +202.4% | — | +23.3% | +16.6% | — | +2.8% | +11.0% | +10.1% | +13.3% |
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Frequently Asked Questions
- What is Morgan Stanley's institutional securities — interest expense?
- Morgan Stanley (MS) reported institutional securities — interest expense of $10.21B in Q4 2025.
- How has Morgan Stanley's institutional securities — interest expense changed year-over-year?
- Morgan Stanley's institutional securities — interest expense increased by 13.3% year-over-year, from $9.01B to $10.21B.
- What is the long-term trend for Morgan Stanley's institutional securities — interest expense?
- Over 2 years (2022 to 2025), Morgan Stanley's institutional securities — interest expense has grown at a 91.4% compound annual growth rate (CAGR), from $11.32B to $41.48B.
- What does institutional securities — interest expense mean?
- The total cost paid by the firm to borrow money or hold client deposits.