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Morgan Stanley Q3 2026 Earnings Beat
Morgan Stanley's Q3 2026 earnings beat expectations with wealth management growth driving 11.6% revenue rise.
In brief
Morgan Stanley's Q3 2026 earnings beat expectations with wealth management growth driving 11.6% revenue rise. Morgan Stanley reported $20.3 billion in Q3 2026 revenue, 11.6% higher than previous year, with wealth management contributing 44.6% of total revenue. Originally reported by Alphastreet - Earnings Decoded…
Q3 2026 Results
Morgan Stanley reported third-quarter 2026 results on October 14, 2026.
Revenue Growth
Consolidated net revenues reached $20.3 billion, an 11.6 percent year-over-year increase.
Earnings Beat
Diluted earnings per share of $3.03 surpassed consensus estimates of $2.93.
Wealth Management Growth
Wealth Management now contributes 44.6 percent of total firm revenues.
Net New Assets
Attracted $232 billion in net new assets and $80 billion in fee-based flows.
Client Assets
Combined Wealth and Investment Management client assets reached $10.5 trillion at quarter-end.
Institutional Securities
Institutional Securities delivered $10.0 billion in net revenues, up 17.7 percent year-over-year.
Equity Revenues
Equity revenues surged 41 percent year-over-year to $5.8 billion.
Fixed Income
Fixed income revenues declined 7.3 percent year-over-year to $2.0 billion.
Investment Banking
Investment Banking revenues grew 2.4 percent to $2.2 billion.
The short version
Morgan Stanley reported $20.3 billion in Q3 2026 revenue, 11.6% higher than previous year, with wealth management contributing 44.6% of total revenue.
