v3.25.4
Parent Company - Condensed Income Statements and Comprehensive Income Statements (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues      
Trading $ 18,556 $ 16,763 $ 15,263
Other 4,145 3,724 4,138
Total non-interest revenues 60,599 53,150 45,913
Interest income [1] 59,063 54,135 45,849
Interest expense [1] 49,017 45,524 37,619
Net interest 10,046 8,611 8,230
Net revenues 70,645 61,761 54,143
Total non-interest expenses 48,342 43,901 41,798
Provision for (benefit from) income taxes 4,929 4,067 2,583
Net income 17,025 13,529 9,230
Other comprehensive income (loss), net of tax:      
Foreign currency translation adjustments 306 (422) (20)
Change in net unrealized gains (losses) on available-for-sale securities 988 521 1,098
Change in net debt valuation adjustment (858) (534) (1,290)
Net change in cash flow hedges 58 (51) 20
Comprehensive income 17,544 13,055 8,951
Preferred stock dividends and other 612 590 557
Earnings applicable to Morgan Stanley common shareholders 16,249 12,800 8,530
Parent Company      
Revenues      
Dividends from bank subsidiaries 3,886 5,571 5,770
Dividends from BHC and non-bank subsidiaries 4,325 5,229 6,812
Total dividends from subsidiaries 8,211 10,800 12,582
Trading (151) (827) (775)
Other (3) 36 (31)
Total non-interest revenues 8,057 10,009 11,776
Interest income 14,234 15,739 13,596
Interest expense 14,195 15,377 13,618
Net interest 39 362 (22)
Net revenues 8,096 10,371 11,754
Total non-interest expenses 397 358 287
Income before income taxes 7,699 10,013 11,467
Provision for (benefit from) income taxes (557) (499) (520)
Net income before undistributed gain of subsidiaries 8,256 10,512 11,987
Undistributed (loss) gain of subsidiaries 8,605 2,878 (2,900)
Net income 16,861 13,390 9,087
Other comprehensive income (loss), net of tax:      
Foreign currency translation adjustments 307 (324) 51
Change in net unrealized gains (losses) on available-for-sale securities 988 521 1,098
Pensions and other 25 12 (87)
Change in net debt valuation adjustment (849) (551) (1,250)
Net change in cash flow hedges 58 (51) 20
Comprehensive income 17,390 12,997 8,919
Preferred stock dividends and other 612 590 557
Earnings applicable to Morgan Stanley common shareholders $ 16,249 $ 12,800 $ 8,530
[1] amounts have been adjusted to conform with the current period presentation. See Note 2 for additional information.