The company said net revenues for Q3 2026 (quarter ended September 30) were $20.3 billion ($18.2 billion a year earlier), net income applicable to Morgan Stanley was $4.9 billion, and earnings per diluted share were $3.03 ($2.80 a year earlier).

1. 01

   The company said net revenues for Q3 2026 (quarter ended September 30) were $20.3 billion ($18.2 billion a year earlier), net income applicable to Morgan Stanley was $4.9 billion, and earnings per diluted share were $3.03 ($2.80 a year earlier).

2. 02

   Morgan Stanley said Institutional Securities net revenues were $10.0 billion ($8.5 billion a year earlier). Equity net revenues rose 41% to $5,799 million ($4,116 million a year earlier), while Fixed Income fell 7% to $2,011 million.

3. 03

   The company said Wealth Management net revenues were $9.1 billion ($8.2 billion a year earlier), with a pre-tax margin of 30.4%. It said net new assets were $232 billion, just over half of which were associated with IPO-related flows.

4. 04

   Morgan Stanley said Investment Management net revenues fell 12% to $1.5 billion ($1.7 billion a year earlier). The company cited the reversal of accrued carried interest related to certain investments in a private fund as the reason Performance-based income and other revenues decreased; this item was $(106) million.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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