Morgan Stanley · NYSE:MS
Morgan Stanley — Debt Investor Presentation (August 2025)
11 slides from Morgan Stanley's debt investor presentation, Aug 8, 2025
Slide 1: Morgan Stanley Fixed Income Investor Presentation
Morgan Stanley Fixed Income Investor Presentation As of August 8, 2025
Slide 2: Notice
Notice The information provided in this presentation may include certain non-GAAP financial measures. The definition of and/or reconciliation of such measures to the comparable U.S. GAAP figures are included in this presentation, or in the Company’s Annual Report on Form 10-K (‘Form 10-K’), Definiti
Slide 3: Strong Capital Position
Strong Capital Position Net Income(1) ($Bn) Common Equity ($Bn) 15.0 13.4 92.5 97.7 94.8 98.4 91.4 90.3 11.0 11.0 9.1 7.9 Common Tangible Equity Common 75.9 72.5 71.6 75.5 Equity 67.1 66.5 2020 2021 2022 2023 2024 1H25 2020 2021 2022 2023 2024 2Q25 Standardized Common Equity Tier 1 Ratio (%)(2) Supp
Slide 4: Strong Liquidity Position
Strong Liquidity Position Liquidity Coverage Ratio(1) (%) Average Eligible High Quality Liquid Assets(2) ($Bn) 293 267 253 134% 132% 130% 134% 238 239 129% 129% 206 2020 2021 2022 2023 2024 2Q25 2020 2021 2022 2023 2024 2Q25 Average Total Liquidity Resources(3) ($Bn) Liquidity Resources Composition(
Slide 5: Diversified and Durable Funding Mix
Diversified and Durable Funding Mix Morgan Stanley Core Funding Core Funding Overview ($Bn) Total GAAP 1,116 1,188 1,180 1,194 1,215 1,354 Shareholders’ Deposits Assets: Equity 112 87 • Strong capital base 90 • Primarily sourced from 85 86 • Common stock Wealth Management 74 329 supplemented by $9.8
Slide 6: Unsecured Borrowings: Diversified and Durable Funding Structure
Unsecured Borrowings: Diversified and Durable Funding Structure Unsecured Debt Issuance and Maturities(1) 2020-2Q25 Unsecured Debt Issuance (%) ($Bn) 106 By Currency By Tenor 87 2% 74 75 74 66 3% 6% 56 61 61 6% 45 35 39 USD 17% <3yrs 12% 39% 3-5yrs EUR Other 5-7yrs JPY 5% 7-10yrs 10-15yrs 2020 2021
Slide 7: High Quality Lending Portfolio with Disciplined Growth
High Quality Lending Portfolio with Disciplined Growth Total Loans and Lending Commitments(1) Total Loans, net of ACL(1) ($Bn), Net of ACL ($Bn), As of June 30, 2025 IM Loans $0.02Bn 0 452 423 20 62 19 WM Loans 92 ISG Loans 377 $169Bn $98Bn 359 20 15 336 17 169 15 160 12 290 WM SBL & Other 9 include
Slide 8: Credit Ratings
Credit Ratings As of August 8, 2025 Moody’s S&P Fitch Morgan Stanley Outlook Stable Stable Stable Long-Term A1 A- A+ Short-Term P-1 A-2 F1 Subordinated Debt Baa1 BBB+ A- Preferred Stock Baa3 BBB- BBB Morgan Stanley Bank, N.A. Outlook Stable Stable Stable Long-Term Aa3 A+ AA- Morgan Stanley Private B
Slide 9: End Notes
End Notes This presentation may include certain metrics, including non-GAAP financial measures, which we believe to be useful to us, investors, analysts and other stakeholders by providing further transparency about, or an additional means of assessing, our financial condition and operating results.
Slide 10: End Notes (Continued)
End Notes (Continued) These notes refer to the financial metrics presented on slide 3. 1. Net Income Applicable to Morgan Stanley. 2. For further information, refer to ‘Regulatory Requirements’ on pages 22-27 in the Firm’s Quarterly Report on Form 10-Q for the period ended June 30, 2025. 3. At Decem
Slide 11: Morgan Stanley Fixed Income Investor Presentation
Morgan Stanley Fixed Income Investor Presentation As of August 8, 2025
Morgan Stanley — Debt Investor Presentation (August 2025) on 6ix