Current Liabilities

Repurchase Agreements - Not Subject to Master Netting

Morgan Stanley Repurchase Agreements - Not Subject to Master Netting decreased by 24.8% to $4.04B in Q1 2026 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2025
Last reportedQ1 2026May 5, 2026

How to read this metric

Higher values indicate a larger portion of funding that lacks netting protection, potentially increasing the firm's gross leverage and counterparty risk profile.

Detailed definition

This metric identifies repurchase agreements that do not qualify for balance sheet offsetting under master netting arran...

Peer comparison

Used by analysts to assess the true gross leverage of a firm's financing activities.

Metric ID: repurchase_agreements_no_netting

Historical Data

2 periods
 Q4 '25Q1 '26
Value$5.37B$4.04B
QoQ Change—-24.8%
Range$4.04B – $5.37B

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Frequently Asked Questions

What is Morgan Stanley's repurchase agreements - not subject to master netting?
Morgan Stanley (MS) reported repurchase agreements - not subject to master netting of $4.04B in Q1 2026.
What does repurchase agreements - not subject to master netting mean?
Repurchase agreements that must be reported at full value without offsetting against related assets.