Wealth Management — Noninterest Income
Business Segments · Noninterest IncomeMorgan Stanley Wealth Management — Noninterest Income increased by 1.2% to $6.32B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 13.0%, from $5.59B to $6.32B. Over 4 years (FY 2021 to FY 2025), Wealth Management — Noninterest Income shows an upward trend with a 6.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Growth indicates a strong service-based business model and high client activity, while a decline suggests weakness in fee-generating services.
Detailed definition
The total revenue generated by the wealth management segment excluding interest-related income. It encompasses fees, com...
Peer comparison
Standard non-interest revenue metric used across the banking and financial services industry.
ms_segment_wm_noninterest_incomeHistorical Data
| 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 | $4.84B | $4.59B | $4.85B | $4.40B | $3.99B | $4.12B | $4.49B | $4.40B | $4.50B | $4.45B | $4.79B | $5.02B | $4.99B | $5.50B | $5.59B | $5.43B | $5.85B | $6.24B | $6.32B |
| QoQ Change | — | -5.2% | +5.7% | -9.4% | -9.2% | +3.2% | +9.0% | -1.9% | +2.3% | -1.2% | +7.7% | +4.8% | -0.6% | +10.1% | +1.8% | -3.0% | +7.9% | +6.6% | +1.2% |
| YoY Change | — | — | — | — | -17.6% | -10.3% | -7.4% | +0.1% | +12.9% | +8.2% | +6.8% | +14.2% | +10.9% | +23.5% | +16.7% | +8.0% | +17.2% | +13.6% | +13.0% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Morgan Stanley's wealth management — noninterest income?
- Morgan Stanley (MS) reported wealth management — noninterest income of $6.32B in Q4 2025.
- How has Morgan Stanley's wealth management — noninterest income changed year-over-year?
- Morgan Stanley's wealth management — noninterest income increased by 13.0% year-over-year, from $5.59B to $6.32B.
- What is the long-term trend for Morgan Stanley's wealth management — noninterest income?
- Over 4 years (2021 to 2025), Morgan Stanley's wealth management — noninterest income has grown at a 6.1% compound annual growth rate (CAGR), from $18.85B to $23.84B.
- What does wealth management — noninterest income mean?
- Total revenue from wealth management activities excluding interest income.