Morgan Stanley Profit Rises on Equity Trading and Wealth Management Strength

Key Facts

Morgan Stanley reported net income of $4.9 billion for the third quarter, a 6% increase from the previous year. Reuters reported that the bank achieved GAAP EPS of $3.03, representing an 8% year-over-year increase, on total revenue of $20.34 billion which exceeded analyst estimates.

MS closed at $186.64 on October 13, 2026, driven by growth in its wealth management division and strong performance in equity trading. On the same date, GS closed at $891.91 and JPM closed at $331.43, amid sustained momentum in the institutional securities segment.