Morgan Stanley equity trading revenue tops $5.8 billion, beating expectations

As seen on the 24/7 Wall St. homepage on October 14, 2026.

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Morgan Stanley's third-quarter equity trading revenue hit $5.8 billion, beating expectations and showing Wall Street's trading desks are capturing real gains from turbulent markets.

Earnings per share of $3.03 also beat expectations, carrying the outperformance through to the bottom line.

The results landed the same morning a hot CPI report pushed yields higher, with volatile conditions generating fee-rich activity for the largest trading operations.

Keep an eye on peers still to report their own third-quarter results.

Sources

Mentioned: MS

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est $2.92 +3.9%
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