# Morgan Stanley (MS): Q3 profit up as share trading jumps 41%

> Morgan Stanley made $4.9bn in profit in Q3, up from $4.6bn a year ago, or $3.03 per share versus $2.80. Sales rose 12% to $20.3bn. Trading in shares…

- URL: https://centiview.com/post/morgan-stanley-ms-q3-profit-up-as-share-trading-jumps-41
- Published: 2026-10-14T14:25:00.000Z
- Sectors: Financials
- Region: US
- Ticker: MS
- Sentiment (opinion, not a recommendation): bullish
- Publisher: Centiview (Persie Ltd, London)
- General information only, not financial advice

Morgan Stanley made $4.9bn in profit in Q3, up from $4.6bn a year ago, or $3.03 per share versus $2.80. Sales rose 12% to $20.3bn. Trading in shares did the heavy lifting, up about 41% to $5.8bn, while bond trading fell 7% to $2.0bn.

> **Why it matters** Morgan Stanley is one of the biggest US banks. It helps companies raise money, trades for big investors and manages wealth for clients. A strong share-trading quarter shows investors were active, but it also leans on one business.

> **What we verified** Morgan Stanley's SEC filing shows sales of $20,338m, profit of $4,909m and $3.03 per share. Its Wealth Management arm took in $232.4bn of new client money, up from $81.0bn. Reuters, via BNN Bloomberg, reports the same profit, share-trading and bond-trading figures and says analysts had expected about $2.91 per share.

### Sources
- [Morgan Stanley Q3 2026 earnings release (SEC 8-K)](https://www.sec.gov/Archives/edgar/data/0000895421/000089542126000288/a3q26msearningsrelease.htm)
- [Morgan Stanley beats quarterly profit estimates on equity trading strength (Reuters via BNN Bloomberg)](https://www.bnnbloomberg.ca/business/company-news/2026/10/14/morgan-stanley-beats-quarterly-profit-estimates-on-equity-trading-strength/)