Morgan Stanley Q3 2026: $20.3B Revenue, $3.03 EPS, Record Wealth Management Flows
MS sits 24% above its 52-week low of $151.88.
Summary
Morgan Stanley reported Q3 2026 net revenues of $20.3B and EPS of $3.03, with record Wealth Management revenues and $232B in net new assets. The firm repurchased $1.5B of stock and declared a $1.15 quarterly dividend.
Key Events · Earnings and Guidance · MS
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Q3 Revenue and EPS Beat
Net revenues of $20.3B, up 12% YoY; EPS of $3.03 vs $2.80 a year ago; ROTCE of 22.6%.
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Wealth Management Record Quarter
Record net revenues of $9.1B, pre-tax margin of 30.4%, and $232B in net new assets — nearly triple the $81B from Q3 2025.
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Capital Return to Shareholders
Repurchased $1.5B of common stock (7M shares at avg $212.74) and declared a $1.15 quarterly dividend payable Nov 13, 2026.
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Investment Management Weakness
Net revenues fell 12% YoY to $1.5B, driven by a reversal of accrued carried interest in a private fund; pre-tax income down 29%.
Analysis · MS · Finance
A strong third quarter for Morgan Stanley featured net revenues of $20.3 billion, up 12% year-over-year, and EPS of $3.03, beating the prior-year $2.80. Wealth Management posted record revenues of $9.1 billion and attracted $232 billion in net new assets — nearly triple the year-ago quarter — while the firm repurchased $1.5 billion of stock and raised its dividend to $1.15 per share. The results confirm the integrated-firm strategy is working, though Investment Management saw a 12% revenue decline driven by a reversal of accrued carried interest in a private fund.
How filings like this one have moved
In the 30 days to Oct 28, 2026, 30.7% of the 1698 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, MS was trading at $187.80 on NYSE in the Finance sector, with a market capitalization of approximately $293.1B. The 52-week trading range was $151.88 to $232.25. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.