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Morgan Stanley MS Income tax credits and Other income tax benefits recognized in tax provision

Income tax credits and Other income tax benefits recognized in tax provision at other companies

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JPMorgan ChaseJPM
$1.74B+20.7%

Other financials

Income statement

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

Balance sheet

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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

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

Valuation

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Market cap$336.02B+49.0%
P/E18.9×+3.6×
P/S4.3×+0.9×

Profitability

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

Returns & leverage

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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:AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount.

The source filing: Morgan Stanley’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:15 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000895421-26-000121
$ in millionsThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Income tax credits and other income tax benefits$78$75
Proportional amortization(64)(62)
Net benefits included in income tax expense1413
Other income1
Net benefits$15$13

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FAQ

What is Morgan Stanley's income tax credits and other income tax benefits recognized in tax provision?
Morgan Stanley (MS) reported income tax credits and other income tax benefits recognized in tax provision of $78M in Q1 2026.
How has Morgan Stanley's income tax credits and other income tax benefits recognized in tax provision changed year-over-year?
Morgan Stanley's income tax credits and other income tax benefits recognized in tax provision increased by 4.0% year-over-year, from $75M to $78M.
What is the long-term trend for Morgan Stanley's income tax credits and other income tax benefits recognized in tax provision?
Over 3 years (2022 to 2025), Morgan Stanley's income tax credits and other income tax benefits recognized in tax provision has grown at a 11.7% compound annual growth rate (CAGR), from $208M to $290M.
What does income tax credits and other income tax benefits recognized in tax provision mean?
Quantifies the tax credits and other fiscal benefits derived from investments in affordable housing or similar government-incentivized programs. These benefits are a key component of the firm's tax strategy and effective tax rate management.

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