Customer payables and Other
Morgan Stanley Customer payables and Other decreased by 0.4% to $2.44B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.4%, from $2.53B to $2.44B. Over 4 years (FY 2021 to FY 2025), Customer payables and Other shows an upward trend with a 44.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase often correlates with higher interest rate environments or growth in client deposit bases, while a decrease may reflect lower rates or shifts in client cash allocation.
Detailed definition
This metric represents interest expenses accrued on customer cash balances held by the firm and other miscellaneous inte...
Peer comparison
Comparable to interest expense on client deposits at other diversified financial institutions.
other_interest_expense_customer_payables_and_otherHistorical 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$596.00M | -$542.00M | -$585.00M | -$466.00M | -$24.00M | $1.11B | $2.51B | $2.17B | $2.53B | $2.78B | $2.96B | $2.81B | $2.59B | $2.54B | $2.16B | $2.53B | $2.20B | $2.70B | $2.46B | $2.44B |
| QoQ Change | — | +9.1% | -7.9% | +20.3% | +94.8% | >999% | +126.3% | -13.5% | +16.6% | +9.8% | +6.5% | -5.1% | -7.7% | -2.2% | -15.0% | +17.4% | -13.2% | +23.0% | -9.2% | -0.4% |
| YoY Change | — | — | — | — | +96.0% | +304.6% | +529.1% | +565.9% | >999% | +150.8% | +18.0% | +29.4% | +2.4% | -8.8% | -27.2% | -9.9% | -15.2% | +6.6% | +13.9% | -3.4% |
Customer payables and Other at Other Companies
Frequently Asked Questions
- What is Morgan Stanley's customer payables and other?
- Morgan Stanley (MS) reported customer payables and other of $2.44B in Q1 2026.
- How has Morgan Stanley's customer payables and other changed year-over-year?
- Morgan Stanley's customer payables and other decreased by 3.4% year-over-year, from $2.53B to $2.44B.
- What is the long-term trend for Morgan Stanley's customer payables and other?
- Over 4 years (2021 to 2025), Morgan Stanley's customer payables and other has grown at a 44.6% compound annual growth rate (CAGR), from -$2.26B to $9.89B.
- What does customer payables and other mean?
- Interest paid on customer cash deposits and other miscellaneous interest-bearing obligations.