Morgan Stanley Q3 Revenue Hits $20.3 Billion, Up 12% Year-Over-Year

Morgan Stanley reported its third-quarter 2026 results with net revenue of $20.338 billion, a 12% increase year-over-year; net income attributable to Morgan Stanley was $4.909 billion, up 6%; diluted earnings per share were $3.03 compared to $2.80 in the prior year. The company's tangible common equity return on tangible common equity (ROTCE) for the third quarter was 22.6%. As of the end of the third quarter, total client assets across Wealth Management and Investment Management businesses reached $10.5 trillion. During the quarter, the company repurchased approximately $1.54 billion in common stock and announced a quarterly dividend of $1.15 per share, scheduled for payment on November 13.