Morgan Stanley posts record quarterly revenue and profit as equities trading surges 69%
Equities trading revenue hit a record $6.3 billion as investment banking and wealth management also topped Wall Street estimates.
- On Wednesday, July 15, 2026, Morgan Stanley posted record revenue and profit for the second quarter, with revenue climbing 27% to $21.35 billion, driven by a 69% surge in equities trading revenue.
- Global markets navigated significant turbulence during the quarter as the U.S.-Iran standoff triggered uncertainty over global crude supplies, prompting clients to execute higher volumes of transactions to hedge against risks.
- Wealth management revenue climbed to a record $8.9 billion, while the bank acted as financial advisor on Fertitta Entertainment's $17.6 billion agreement to buy Caesars Entertainment.
- JPMorgan Chase and Goldman Sachs reported similar jumps in trading and investment banking this week, as heightened activity fueled by the global artificial intelligence boom propelled competitors to beat estimates.
- Total client assets reached a record $10 trillion in the second quarter, achieving a major target CEO Ted Pick set several years ago through consistent execution across the firm's regions.
21 Articles
21 Articles
Morgan Stanley Joins Goldman, JPMorgan In Posting Record Profit On Trading Surge
Morgan Stanley posted record quarterly revenue and profit Wednesday, driven by a 69% surge in equities trading revenue, joining Goldman Sachs and JPMorgan Chase in delivering blowout results fueled by the artificial intelligence investment boom.
The Economic Times
Times of IndiaMorgan Stanley beats profit estimates on dealmaking boost, strong trading
Morgan Stanley has showcased an impressive performance for the second quarter, surpassing Wall Street's earnings expectations. The surge in mergers and acquisitions has notably enhanced the investment bank's advisory revenues, while record trading profits emerged amid ongoing market fluctuations. Additionally, advancements in wealth management have played a pivotal role in fueling the bank's overall financial triumph, signifying a dynamic era fo…
Morgan Stanley beats profit estimates on dealmaking boost
Morgan Stanley has today beaten Wall Street estimates for second-quarter profit, driven by strong mergers and acquisitions activity, while macroeconomic uncertainty resulted in record trading revenue at the investment bank.
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