Morgan Stanley makes a big profit from the IPO surge, bringing in $232 billion in new money.

Oct 14, 2026, 9:53 AM ETResultsRead the original at Benzinga

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Morgan Stanley beat profit and revenue estimates, and Wealth Management set a revenue record with $232 billion in new assets. Some asset-fee income rose with market levels, but the strong results and client inflows support a positive reading.

MS · Morgan Stanley

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The strong results came from several parts of the business, including trading, deal work, and managing client money. Some asset-fee income rose with market levels, so that income can depend on markets staying strong. Record revenue and large client inflows support a positive reading.

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