Woofun AI reports that Morgan Stanley's stock trading revenue reached $6.3 billion in the second quarter of 2026, marking a 69% year-over-year increase and establishing a new quarterly record. The bank's wealth management division recorded net inflows of $148.1 billion, significantly exceeding analyst projections.

Morgan Stanley's stock underwriting fees totaled $851 million, representing a 70% year-over-year rise and contributing to total investment banking expenses of $2.44 billion. This performance aligns with broader Wall Street trends, as peers including JPMorgan Chase, Goldman Sachs, Bank of America, and Citigroup also reported historic trading volumes.