Other
Investment banking
Morgan Stanley Investment banking decreased by 11.2% to $2.29B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 33.8%, from $1.71B to $2.29B. Over 4 years (FY 2021 to FY 2025), Investment banking shows a downward trend with a -7.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOther
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ1 2015
Last reportedQ1 2026May 5, 2026
How to read this metric
An increase signals strong market activity and competitive strength in advisory and underwriting services.
Detailed definition
Revenue generated from advisory services, underwriting, and capital raising activities for corporate and government clie...
Peer comparison
Standard revenue line item for all global investment banks; highly correlated with market-wide deal flow.
Metric ID:
other_investment_banking_revenueHistorical Data
20 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.56B | $3.01B | $2.58B | $1.76B | $1.15B | $1.37B | $1.32B | $1.33B | $1.16B | $1.05B | $1.42B | $1.59B | $1.74B | $1.59B | $1.79B | $1.71B | $1.64B | $2.27B | $2.58B | $2.29B |
| QoQ Change | — | +17.7% | -14.3% | -31.9% | -34.6% | +19.4% | -4.0% | +0.9% | -13.2% | -9.3% | +35.0% | +12.3% | +9.2% | -8.4% | +12.6% | -4.5% | -3.9% | +37.8% | +13.8% | -11.2% |
| YoY Change | — | — | — | — | -55.1% | -54.4% | -48.9% | -24.3% | +0.4% | -23.7% | +7.4% | +19.5% | +50.2% | +51.7% | +26.6% | +7.7% | -5.2% | +42.5% | +43.9% | +33.8% |
Range$1.05B – $3.01B
CAGR-2.3%
Avg YoY Growth+4.5%
Median YoY Growth+7.5%
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Institutional Securities1 | $1.62B | $1.46B | $1.64B | $1.56B | $1.54B | $2.11B | $2.41B | $2.12B |
| Wealth Management1 | $150.00M | $167.00M | $170.00M | $190.00M | $143.00M | $204.00M | — | $224.00M |
| Investment Management | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | $0.00 |
| Total | $1.74B | $1.59B | $1.79B | $1.71B | $1.64B | $2.27B | $2.58B | $2.29B |
Investment banking at Other Companies
Frequently Asked Questions
- What is Morgan Stanley's investment banking?
- Morgan Stanley (MS) reported investment banking of $2.29B in Q1 2026.
- How has Morgan Stanley's investment banking changed year-over-year?
- Morgan Stanley's investment banking increased by 33.8% year-over-year, from $1.71B to $2.29B.
- What is the long-term trend for Morgan Stanley's investment banking?
- Over 4 years (2021 to 2025), Morgan Stanley's investment banking has grown at a -7.1% compound annual growth rate (CAGR), from $10.99B to $8.20B.
- What does investment banking mean?
- Fees earned from helping companies raise capital or complete mergers and acquisitions.