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Consolidated Income Statement (Unaudited) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues        
Investment banking $ 2,266 $ 1,590 $ 5,621 $ 4,914
Trading 5,020 4,002 14,876 12,985
Investments 374 315 1,131 609
Commissions and fees 1,473 1,294 4,379 3,704
Asset management 6,441 5,747 18,357 16,440
Other 159 239 1,200 827
Total non-interest revenues 15,733 13,187 45,564 39,479
Interest income 15,456 14,185 44,109 40,644
Interest expense 12,965 11,989 36,918 34,585
Net interest 2,491 2,196 7,191 6,059
Net revenues 18,224 15,383 52,755 45,538
Provision for credit losses 0 79 331 149
Non-interest expenses        
Compensation and benefits 7,442 6,733 22,153 19,889
Brokerage, clearing and exchange fees 1,141 1,044 3,551 2,960
Information processing and communications 1,119 1,042 3,258 3,029
Professional services 685 711 2,070 2,103
Occupancy and equipment 473 473 1,381 1,378
Marketing and business development 280 224 815 686
Other 1,056 856 3,002 2,654
Total non-interest expenses 12,196 11,083 36,230 32,699
Income before provision for income taxes 6,028 4,221 16,194 12,690
Provision for income taxes 1,373 995 3,593 2,885
Net income 4,655 3,226 12,601 9,805
Net income applicable to noncontrolling interests 45 38 137 129
Net income applicable to Morgan Stanley 4,610 3,188 12,464 9,676
Preferred stock dividends 160 160 465 440
Earnings applicable to Morgan Stanley common shareholders $ 4,450 $ 3,028 $ 11,999 $ 9,236
Earnings per common share        
Basic (USD per share) $ 2.83 $ 1.91 $ 7.61 $ 5.79
Diluted (USD per share) $ 2.80 $ 1.88 $ 7.53 $ 5.73
Average common shares outstanding        
Basic (shares) 1,571 1,588 1,577 1,594
Diluted (shares) 1,590 1,609 1,594 1,612