Skip to content

Morgan Stanley MS Institutional Securities1 — Noninterest Expense

Other segment segments

Wealth Management1
$6.13B+10.8%
Investment Management
$1.24B+1.1%

Similar metrics at other companies

UMB Financial logo
UMBFInstitutional Banking — Noninterest Expense
$112.93M+5.3%
Axos Financial logo
AXSecurities Business Segment — Noninterest Expense
$29.52M+3.9%
Stifel Financial logo
SFInstitutional Group — Non Compensation Operating Expenses
$101.48M-3.3%
BK
BKSecurities Services Segment — Noninterest expense
$1.65B+4.0%
The Bancorp logo
TBBKInstitutional Banking — Non Interest Expense Allocations
$3.64M-8.9%
Charles Schwab Corporation logo
SCHWInvestor Services — Noninterest Expense
$2.57B+5.5%

Other financials

Income statement

See full
Revenue$21.3B+27.1%
Net income$3.2B-9.8%
EPS (diluted)$3.46+62.4%

Balance sheet

See full
Cash & equivalents$133.53B+47.2%
Total debt$383.16B+13.5%
Total equity$114.29B+7.0%
Total assets$1.68T+23.7%

Cash flow

See full
Operating cash flow-$7.1B+70.4%
CapEx$754.0M+5.8%
Free cash flow-$7.9B+68.2%

Valuation

See full
Market cap$359.28B+57.1%
P/E20.2×+4.7×
P/S4.6×+1.1×

Profitability

See full
Net margin22.8%+0.5pp
FCF margin-54.3%-8.4pp

Returns & leverage

See full
Return on equity16.4%+2.5pp
Debt / equity3.3×+0.3×

Where this comes from

Reported directly by Morgan Stanley in its filing.

Tagged under the XBRL concept us-gaap:NoninterestExpense.

The official record: Morgan Stanley’s 8-K, filed July 15, 2026, on SEC EDGAR. View the filing →

Ask your AI about Morgan Stanley's institutional securities1 — noninterest expense.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Morgan Stanley's institutional securities1 — noninterest expense?
Morgan Stanley (MS) reported institutional securities1 — noninterest expense of $6.71B in Q2 2026.
How has Morgan Stanley's institutional securities1 — noninterest expense changed year-over-year?
Morgan Stanley's institutional securities1 — noninterest expense increased by 25.0% year-over-year, from $5.36B to $6.71B.
What is the long-term trend for Morgan Stanley's institutional securities1 — noninterest expense?
Over 4 years (2021 to 2025), Morgan Stanley's institutional securities1 — noninterest expense has grown at a 4.6% compound annual growth rate (CAGR), from $18.03B to $21.54B.
What does institutional securities1 — noninterest expense mean?
The sum of all operating expenses for the Institutional Securities segment, including both compensation and non-compensation costs. This represents the total cost base required to generate the segment's revenue.