Every 8-K that Morgan Stanley (MS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow MS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MS filings page.
Morgan Stanley reported record second-quarter 2026 net revenues of $21.3 billion, up from $16.8 billion a year earlier. Net income applicable to Morgan Stanley was $5.6 billion, or $3.46 per diluted share, compared with $3.5 billion, or $2.13 per share. Return on equity was 20.7% and return on tangible common equity was 26.6%, with a firm expense efficiency ratio of 65%.
Institutional Securities delivered record net revenues of $11.0 billion (vs. $7.6 billion), led by strong Equity trading and 58% higher Investment Banking revenues. Wealth Management generated record net revenues of $8.9 billion and a 30.5% pre-tax margin, with $148.1 billion of net new assets and client assets of $8.1 trillion. Investment Management posted net revenues of $1.6 billion and AUM of $2.0 trillion, including $34.5 billion of total net flows.
The firm’s Standardized Common Equity Tier 1 capital ratio was 14.8%, and the Advanced CET1 ratio was 16.2%. Morgan Stanley repurchased $1.5 billion of common stock (8 million shares) in the quarter, the board reauthorized a common equity repurchase program of up to $20 billion, and the quarterly dividend was increased to $1.15 per share. Provision for credit losses was $98 million, and the effective tax rate was 23.1%.
Morgan Stanley plans to raise its quarterly common stock dividend to $1.15 per share from $1.00, starting with the dividend expected to be declared for the quarter ending September 30, 2026. The board also reauthorized a multi-year common equity share repurchase program of up to $20 billion, with no set expiration, beginning in the third quarter of 2026.
The firm notes that buybacks will occur from time to time based on market conditions, capital levels and its economic and earnings outlook. Following the Federal Reserve’s 2026 stress tests, Morgan Stanley’s Stress Capital Buffer remains at 4.3%, supporting an aggregate U.S. Basel III Standardized Approach CET1 ratio requirement of 11.8% versus an actual CET1 ratio of 15.1% as of March 31, 2026.
Morgan Stanley reported the results of its 2026 Annual Meeting of Shareholders held on May 14, 2026. Shareholders elected all director nominees, ratified Deloitte & Touche LLP as independent auditor for the 2026 fiscal year, and approved the non-binding advisory vote on executive compensation.
Shareholders voted against a shareholder proposal requesting an independent Board Chairman. Each director received over 1.22 billion "for" votes, and the say‑on‑pay proposal received about 1.25 billion "for" votes versus roughly 55 million "against". The independent auditor ratification passed with more than 1.37 billion "for" votes.
Morgan Stanley reported a strong first quarter of 2026, with net revenues of $20.6 billion versus $17.7 billion a year earlier and net income applicable to the firm of $5.6 billion. Diluted EPS rose to $3.43 from $2.60, and return on tangible common equity reached 27.1%, reflecting record quarterly revenues and pre-tax income.
Institutional Securities generated record net revenues of $10.7 billion, driven by higher equity and fixed income trading and a 36% increase in investment banking revenues. Wealth Management produced record net revenues of $8.5 billion, supported by $118.4 billion of net new assets and strong fee-based flows.
The firm repurchased $1.75 billion of common stock in the quarter and declared a $1.00 quarterly dividend per share. The standardized Common Equity Tier 1 capital ratio stood at 15.1%, while the expense efficiency ratio improved to 65%. Results also included $178 million of severance costs from a workforce management action affecting about 2% of employees.
Morgan Stanley has set 2025 total compensation for its Chairman and CEO, Edward Pick, at $45 million. The board’s Compensation Committee cited his outstanding performance in his second year as CEO and first year as Chairman, highlighting what it described as exceptional firm results and consistent execution of the strategy to raise, manage and allocate capital.
The decision reflects an assessment against long-term strategic priorities focused on strategy, culture, financial strength and growth. About 75% of Mr. Pick’s bonus is deferred over three years, and 100% of that deferred portion will be delivered as performance-vested equity awards, tying a significant share of his pay to future company performance and shareholder outcomes. Further detail on his compensation structure and that of other top executives is expected in the 2026 proxy statement.
Morgan Stanley filed a current report to note that it has released financial information for its quarter and year ended December 31, 2025. The company issued a press release and a detailed Financial Data Supplement, which are attached as Exhibits 99.1 and 99.2, and form part of this report.
The bank also prepared an investor presentation, filed as Exhibit 99.3, to accompany an investor conference call discussing these results. The materials include forward-looking statements, and the company highlights that actual outcomes may differ due to various risks and uncertainties described in its prior annual and quarterly reports.
Morgan Stanley reported that it released financial information for its quarter ended September 30, 2025. The company furnished an Item 2.02 current report that includes a press release and a Financial Data Supplement providing details on results and financial condition.
The materials are included as Exhibits 99.1 (press release) and 99.2 (Financial Data Supplement) and are deemed “filed” for purposes of the Exchange Act. The filing also lists the company’s registered securities, including common stock (MS) on the NYSE.
Morgan Stanley reports that the Federal Reserve has reduced its Stress Capital Buffer from 5.1% to 4.3%, effective October 1, 2025, after the company sought reconsideration of its preliminary buffer set in June 2025. This lower buffer, combined with other regulatory capital requirements, results in an aggregate U.S. Basel III Standardized Approach Common Equity Tier 1 (CET1) ratio requirement of 11.8%.
The company’s actual U.S. Basel III Standardized Approach CET1 ratio was 15.0% as of June 30, 2025, meaning its capital stood above the new required minimum at that date. Morgan Stanley also notes that it has issued a press release about this change, which is included as an exhibit.
Morgan Stanley and its affiliate Morgan Stanley Finance LLC approved new forms of Master Notes to support future issuances under their existing Global Medium-Term Note programs. On September 23, 2025, Morgan Stanley approved a Form of Master Note for Global Medium-Term Notes, Series I issued under its Senior Indenture with The Bank of New York Mellon as trustee. On the same date, Morgan Stanley Finance LLC approved a Form of Master Note for Global Medium-Term Notes, Series A issued under its Senior Indenture, with Morgan Stanley as guarantor and The Bank of New York Mellon as trustee. The report also includes related exhibits such as the Master Note forms and a legal opinion and consent from Davis Polk & Wardwell LLP.