Wealth Management — Income before provision for income taxes
Business Segments · Income before provision for income taxesMorgan Stanley Wealth Management — Income before provision for income taxes increased by 5.8% to $2.64B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 28.7%, from $2.05B to $2.64B. Over 4 years (FY 2021 to FY 2025), Wealth Management — Income before provision for income taxes shows an upward trend with a 10.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ4 2025
Rolls up toPre-Tax Income
How to read this metric
Higher values indicate stronger operational performance and profitability for the segment.
Detailed definition
This represents the profit generated by the Wealth Management segment after all operating expenses are deducted but befo...
Peer comparison
Commonly referred to as 'Pre-tax Income' or 'Operating Profit' in segment reporting.
Metric ID:
ms_segment_wm_income_before_provision_for_income_taxesHistorical Data
19 periods
| 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 | $1.64B | $1.53B | $1.42B | $1.57B | $1.52B | $1.65B | $1.84B | $1.71B | $1.68B | $1.71B | $1.43B | $1.81B | $1.82B | $2.06B | $2.05B | $1.95B | $2.20B | $2.50B | $2.64B |
| QoQ Change | — | -6.5% | -7.5% | +11.2% | -3.3% | +8.4% | +11.6% | -7.0% | -1.8% | +1.7% | -16.4% | +26.5% | +0.8% | +13.1% | -0.3% | -5.0% | +12.8% | +13.6% | +5.8% |
| YoY Change | — | — | — | — | -7.0% | +7.8% | +30.0% | +8.8% | +10.5% | +3.6% | -22.4% | +5.5% | +8.3% | +20.5% | +43.8% | +8.0% | +20.8% | +21.3% | +28.7% |
Range$1.42B – $2.64B
CAGR+11.2%
Avg YoY Growth+12.6%
Median YoY Growth+8.8%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is Morgan Stanley's wealth management — income before provision for income taxes?
- Morgan Stanley (MS) reported wealth management — income before provision for income taxes of $2.64B in Q4 2025.
- How has Morgan Stanley's wealth management — income before provision for income taxes changed year-over-year?
- Morgan Stanley's wealth management — income before provision for income taxes increased by 28.7% year-over-year, from $2.05B to $2.64B.
- What is the long-term trend for Morgan Stanley's wealth management — income before provision for income taxes?
- Over 4 years (2021 to 2025), Morgan Stanley's wealth management — income before provision for income taxes has grown at a 10.7% compound annual growth rate (CAGR), from $6.18B to $9.29B.
- What does wealth management — income before provision for income taxes mean?
- The profit earned by the segment before paying income taxes.