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Current Liabilities

Obligation to Return Securities Received as Collateral

Morgan Stanley Obligation to Return Securities Received as Collateral increased by 11.6% to $8.18B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.1%, from $7.57B to $8.18B. Over 4 years (FY 2021 to FY 2025), Obligation to Return Securities Received as Collateral shows a downward trend with a -29.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 5, 2026

How to read this metric

Higher levels indicate increased prime brokerage and securities lending activity, while lower levels suggest a contraction in these intermediation services.

Detailed definition

This liability represents the obligation to return collateral received from counterparties in securities lending transac...

Peer comparison

Common in prime brokerage segments of major financial institutions; highly correlated with trading volume.

Metric ID: securities_loaned_collateral_obligation_return

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$30.1B$26.4B$22.16B$22.37B$22.88B$25.11B$19.33B$16.55B$13.53B$8.66B$11.98B$12.7B$18.07B$7.57B$6.56B$6.09B$7.33B$8.18B
QoQ Change-12.3%-16.0%+0.9%+2.3%+9.8%-23.0%-14.4%-18.2%-36.0%+38.4%+6.0%+42.2%-58.1%-13.3%-7.1%+20.3%+11.6%
YoY Change-24.0%-4.9%-12.8%-26.0%-40.9%-65.5%-38.0%-23.2%+33.6%-12.6%-45.3%-52.0%-59.4%+8.1%
Range$6.09B$30.1B
CAGR-26.4%
Avg YoY Growth-25.9%
Median YoY Growth-25.0%
Current Streak2 quarters growth

Frequently Asked Questions

What is Morgan Stanley's obligation to return securities received as collateral?
Morgan Stanley (MS) reported obligation to return securities received as collateral of $8.18B in Q1 2026.
How has Morgan Stanley's obligation to return securities received as collateral changed year-over-year?
Morgan Stanley's obligation to return securities received as collateral increased by 8.1% year-over-year, from $7.57B to $8.18B.
What is the long-term trend for Morgan Stanley's obligation to return securities received as collateral?
Over 4 years (2021 to 2025), Morgan Stanley's obligation to return securities received as collateral has grown at a -29.8% compound annual growth rate (CAGR), from $30.1B to $7.33B.
What does obligation to return securities received as collateral mean?
The liability to return collateral held from securities lending transactions.