Morgan Stanley (NYSE: MS) Reports Strong Q1 2026 Earnings with Revenue and EPS Beat

Font: Financial Modeling Prep  • Apr 15, 2026

• Strong Earnings Beat: Morgan Stanley (NYSE: MS) reported Q1 2026 earnings per share (EPS) of $3.43, significantly surpassing the Zacks Consensus Estimate of $3.06 and showing a 32% year-over-year increase.
• Robust Revenue Growth: The global financial services firm's quarterly revenues reached $20.58 billion, exceeding the previous year's $17.74 billion and marking its fourth consecutive quarter of beating revenue estimates.
• Core Operations Drive Performance: Growth was fueled by a 74% surge in advisory revenues and a record-breaking equity trading division, contributing nearly $1 billion more than expected.

On April 15, 2026, Morgan Stanley (NYSE: MS) reported its first-quarter earnings. Morgan Stanley is a leading global financial services firm that provides investment banking, securities, and wealth management services. The company operates in a competitive landscape, facing rivals such as Goldman Sachs (NYSE: GS) and JPMorgan Chase (NYSE: JPM) in its various business segments.

The company announced strong results, posting an earnings per share (EPS) of $3.43. This figure beat the Zacks Consensus Estimate of $3.06 per share. It also shows significant growth from the $2.60 per share that Morgan Stanley earned in the same quarter one year ago, representing a 32% increase.

Morgan Stanley also reported quarterly revenues of $20.58 billion, which surpassed the year-ago revenues of $17.74 billion. As highlighted by Zacks, this performance marks the fourth consecutive quarter that the company has surpassed consensus estimates for both its earnings per share and total revenue, showing consistent strength.

The positive results were largely due to the performance of its core operations. The firm saw a 74% surge in its advisory revenues. Additionally, its equity trading division had a record-breaking quarter, generating nearly $1 billion more in revenue than was expected by analysts, which boosted overall performance.

Looking at its valuation, Morgan Stanley has a trailing Price-to-Earnings (P/E) ratio of 16.54. This ratio helps investors gauge the market value of a stock relative to its earnings. The company's Debt-to-Equity ratio is 4.26, a metric used to measure a company's financial leverage.