Morgan Stanley (MS) official guidance
Morgan Stanley (MS) official earnings guidance and management outlook. Each figure management stated is shown with its revisions and the source quote.
See the full Filings Intelligence suiteMSMORGAN STANLEYFY2026 · ends 2026-12-31
1 metric1 maintainedearnings call · 2026-07-16 04:00:39 UTC
2026-07-16 04:00:39 UTC22% – 23%maintained-45 bps – 55 bps vs FY2025
We continue to expect our annual tax rate to be between 22% and 23%, which similar to prior years, will exhibit some quarterly volatility.
MS · transcript · Q2 FY2026
2026-07-16 04:00:00 UTCOpen source
2026-04-16 04:00:42 UTC22% – 23%maintained-45 bps – 55 bps vs FY2025
We continue to expect our 2026 tax rate to be between 22% and 23%, which, similar to prior years, will exhibit some quarterly volatility.
MS · transcript · Q1 FY2026
2026-04-16 04:00:00 UTCOpen source
2026-01-16 05:01:11 UTC22% – 23%new
We expect our 2026 tax rate to be between 22 and 23%.
MS · transcript · Q4 FY2025
2026-01-16 05:00:00 UTCOpen source
MSMORGAN STANLEYQ3 FY2026 · ends 2026-09-30
1 metric1 newearnings call · 2026-07-16 04:00:39 UTC
2026-07-16 04:00:39 UTCa modest sequential increasenew
For the third quarter, we expect a modest sequential increase in NII.
MS · transcript · Q2 FY2026
2026-07-16 04:00:00 UTCOpen source
MSMORGAN STANLEYFY2026 · ends 2026-12-31
1 metric1 newearnings call · 2026-04-16 04:00:42 UTC
2026-04-16 04:00:42 UTCbuild over the course of the yearnew
Looking ahead, we expect NII to build over the course of the year with a modest increase in the second quarter compared to the first.
MS · transcript · Q1 FY2026
2026-04-16 04:00:00 UTCOpen source
MSMORGAN STANLEYQ2 FY2026 · ends 2026-06-30
1 metric1 newearnings call · 2026-04-16 04:00:42 UTC
2026-04-16 04:00:42 UTCa modest increase in the second quarter compared to the firstnew
Looking ahead, we expect NII to build over the course of the year with a modest increase in the second quarter compared to the first.
MS · transcript · Q1 FY2026
2026-04-16 04:00:00 UTCOpen source
MSMORGAN STANLEYFY2026
1 metric1 newearnings call · 2026-01-16 05:01:11 UTC
2026-01-16 05:01:11 UTCcontinue to trend highernew
As we look ahead to the remainder of 2026, assuming the current forward curve, incremental loan growth, and our projections for the deposit mix, we expect NII to continue to trend higher.
MS · transcript · Q4 FY2025
2026-01-16 05:00:00 UTCOpen source
MSMORGAN STANLEYQ1 FY2026 · ends 2026-03-31
1 metric1 newearnings call · 2026-01-16 05:01:11 UTC
2026-01-16 05:01:11 UTCroughly flat quarter over quarternew
Looking ahead to the first quarter, we expect NII to remain roughly flat quarter over quarter, as higher average sweeps and lending balances should help to offset the full impact of the two rate cuts in the fourth quarter.
MS · transcript · Q4 FY2025
2026-01-16 05:00:00 UTCOpen source
MSMORGAN STANLEYQ4 FY2025 · ends 2025-12-31
2 metrics2 newearnings call · 2025-10-16 04:00:35 UTC
2025-10-16 04:00:35 UTC24%new-9 bps vs Q4 FY2024
We continue to expect our fourth quarter tax rate will be approximately 24%.
MS · transcript · Q3 FY2025
2025-10-16 04:00:00 UTCOpen source
2025-10-16 04:00:35 UTCa modest sequential gain in NIInew
Looking ahead to the fourth quarter, we expect to see a modest sequential gain in NII.
MS · transcript · Q3 FY2025
2025-10-16 04:00:00 UTCOpen source