Morgan Stanley reports record Q2 revenues of $21.3B, EPS $3.46, raises dividend 15%

Filed July 15, 2026 · Period ending July 15, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 net revenues of $21.3B (up 27% YoY) and EPS of $3.46 (up 62% YoY) with 26.6% return on tangible common equity, driven by strength across all three business segments.

  Exhibit 99.1 view on EDGAR →
• high

  Institutional Securities revenues of $11.0B (up 44% YoY) with Investment Banking up 58%, Equity up 69% to a record, and Fixed Income up 13%, reflecting broad-based strength.

  Exhibit 99.1 view on EDGAR →
• high

  Wealth Management added record net new assets of $148B (just over half from IPO-related Workplace channel inflows) and $39B in fee-based assets, generating $8.9B in revenues.

  Exhibit 99.1 view on EDGAR →