MS · News · 20260916N

Revenue Performance and Mix

MORGAN STANLEY · 2026-09-16 · Importance 20 · Surprise 24 · In source text

Morgan Stanley generated nearly $80 billion in revenue over the four quarters ended September 2026. Co-President Dan Simkowitz said the firm does not view 2026 as a peak-earnings year. He identified wealth management, a capital-markets recovery, and continued AI-related financing demand as the firm’s primary growth opportunities.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositiverealized—Morgan Stanley generated nearly $80 billion in revenue over the last four quarters.