Morgan Stanley (MS) — capital discipline, read against the 10-Q

Morgan Stanleyreason 04 of 4a reason to hold, not a barrierderived 2026-09-08accession 0000895421-26-000212

The Firm increased its quarterly common stock dividend to $1.15 per share from $1.00, beginning with the common stock dividend announced on July 15, 2026

On June 24, 2026, the Firm announced that its Board of Directors reauthorized a multi-year repurchase program of up to $20 billion of outstanding common stock without a set expiration date

the finding

Total capital ratio rose from 13.5% to 15.3%, relevant to the Firm's capacity to support the increased dividend and $20 billion repurchase authorization.

the sentence · figures · latest period

“Total capital ratio: 15.3 (+180bp)”

the phrase the reading rests on

Total capital ratio: 13.5