Morgan Stanley reports USD 20.34 billion revenue while Morgan Stanley stock costs EUR 162.48

Published on 10/15/2026 at 10:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter net income reached USD 4.91 billion on October 14, 2026. Morgan Stanley stock costs EUR 162.48 at Lang & Schwarz on October 15, 2026.

Quarterly results and trading mix

Morgan Stanley reported USD 20.34 billion in third-quarter revenue on October 14, 2026.
Wealth management produced USD 9.10 billion in third-quarter revenue and USD 232.00 billion in net new assets.
Morgan Stanley stock traded at EUR 162.48 at 10:44 a.m. CEST at Lang & Schwarz on October 15, 2026.

Trading-Floor mit Händlern vor großen Bildschirmen mit Börsencharts — Börsen-Editorialfoto vom Trading-Floor mit Charts illustriert die Morgan Stanley Aktie mit ISIN US6174464486, Illustration mit AI erstellt.

Morgan Stanley (ISIN US6174464486) reported USD 20.34 billion in third-quarter revenue on October 14, 2026, while its stock was at EUR 162.48 at Lang & Schwarz on October 15, 2026 at 10:44 a.m. CEST. According to Morgan Stanley, the company announced its third-quarter results on October 14, 2026.

Trading drove the quarterly beat

The earnings release put the headline figures at USD 20.34 billion of revenue and USD 3.03 of diluted earnings per share for the third quarter. CNBC reported that revenue exceeded the LSEG estimate of USD 19.95 billion, while earnings per share exceeded the USD 2.91 estimate.

Equities trading revenue rose 41 percent year over year to USD 5.80 billion in the third quarter, according to CNBC. Fixed-income trading revenue fell 7 percent to USD 2.01 billion, creating a clear split between the firm's main trading businesses.

What carried the wealth business?

Wealth management supplied record revenue of USD 9.10 billion and USD 232.00 billion in net new assets during the third quarter. Reuters reported that the wealth division's revenue increased 10.1 percent from a year earlier, while investment management revenue declined to USD 1.46 billion from USD 1.65 billion.

The mix matters because trading supplied the largest earnings surprise, while wealth management provided a recurring-revenue counterweight. Morgan Stanley's third-quarter return on tangible equity was 22.6 percent, its fifth consecutive quarter above 20 percent, according to the Yahoo Finance transcript.

Stock price and investor context

The immediate market picture combines a strong quarterly result with a business mix that remains sensitive to market activity, rates and client flows. Investment banking revenue increased 2 percent year over year to USD 2.16 billion in the third quarter, while net interest income was USD 2.20 billion.

Morgan Stanley stock was trading at EUR 162.48 at Lang & Schwarz on October 15, 2026 at 10:44 a.m. CEST. The primary listing is on the NYSE, where the stock was last quoted at USD 181.60 on October 14, 2026 at 4:00 p.m. ET. The further course of trading is shown by the continuously updated real-time quote of Morgan Stanley stock.