Company Analysis

Morgan Stanley (MS)

NYSE: MS · Security Brokers, Dealers & Flotation Companies · New York, NY · filing with the SEC since 1993
Grade5.1
◀ Past 6.2● Present 5.9▶ Future 3.0

Income statement, as filed

In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 19, 2026Feb 21, 2025Feb 22, 2024Feb 24, 2023Feb 24, 2022Feb 26, 2021Feb 27, 2020Feb 26, 2019Feb 27, 2018Feb 27, 2017
Revenue70,64561,76154,14353,66859,75548,757r41,538r40,10737,94534,631
For lenders
Interest and dividend income59,06354,13545,849r21,5959,41110,16217,09813,8928,9977,016
Interest and investment income9,7618,4048,584r4,935r1,596r1,5153,7563,5312,1671,393
Interest expense on deposits and borrowings49,01745,52437,61912,268······
Net interest income10,0468,6118,2309,3278,0456,3134,6943,8063,3003,698
Provision for credit losses····-48558r119r-2422144
Noninterest income60,59953,15045,91344,34151,71042,444r36,844r36,30134,64530,933
Noninterest expense48,34243,90141,79839,29940,08333,578r30,076r28,87027,54225,783
Interest expense··42,05112,2681,3663,84912,40410,0865,6973,318
Interest income (expense), net-109-92-65-39-14-56-8403-28
Share of profit of equity-method investments·······20-34-79
Income before income taxes21,95417,59611,81314,08919,66814,41811,30111,23710,4038,848
Income tax expense4,9294,0672,5832,9104,5483,2392,0642,3504,1682,726
Income from continuing operations·····11,1799,2378,8876,2356,122
Income from discontinued operations·····00-4-191
Net income including non-controlling interests17,02513,5299,23011,17915,12011,1799,2378,8836,2166,123
Net income16,86113,3909,08711,02915,03410,9969,0428,7486,1115,979
Preferred dividends612590557489468496530526523471
Net income to common shareholders16,24912,8008,53010,54014,56610,5008,5128,2225,5885,508
Earnings per share, basic10.328.045.246.238.166.555.264.813.142.98
Earnings per share, diluted10.217.955.186.158.036.465.194.733.072.92
Weighted average shares, basic1,5741,5911,6281,6911,7851,6031,6171,7081,7801,849
Weighted average shares, diluted1,5921,6111,6461,7131,8141,6241,6401,7381,8211,887
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenuesNetOfInterestExpense
Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating
Interest and investment income what its cash and investments earnedus-gaap:InterestIncomeOther
Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanAndLeaseLosses
us-gaap:ProvisionForLoanLeaseAndOtherLosses
Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome
Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense
Interest expense what its borrowing costus-gaap:InterestExpense
Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton MS · research, not advice