Revenue segments as reported by the company.

Investment banking

Trading

Investments

Commissions and fees

Asset management

Net interest

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Compensation and benefits

Brokerage, clearing and exchange fees

Information processing and communications

Professional services

Occupancy and equipment

Marketing and business development

Provision for credit losses

Other Non‐compensation

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Morgan Stanley

Smith Barney (now know as Morgan Stanley Wealth Management), is an American multinational financial services corporation specializing in retail brokerage. It is the wealth & asset management division of Morgan Stanley. On January 13, 2009, Morgan Stanley and Citigroup announced that Citigroup would sell 51% of Smith Barney to Morgan Stanley, creating Morgan Stanley Smith Barney, which was formerly a division of Citi Global Wealth Management. The combined brokerage house has 17,649 financial advisors and manages $2 trillion in client assets.

Smith Barney

Morgan Stanley operates as a global financial services company. The firm provides investment banking products and services to its clients and customers including corporations, governments, financial institutions, and individuals. It operates through the following segments: Institutional Securities, Wealth Management, and Investment Management. The Institutional Services segment provides financial advisory, capital-raising services, and related financing services on behalf of institutional investors. The Wealth Management segment offers brokerage and investment advisory services covering various types of investments, including equities, options, futures, foreign currencies, precious metals, fixed-income securities, mutual funds, structured products, alternative investments, unit investment trusts, managed futures, separately managed accounts, and mutual fund asset allocation programs. The Investment Management segment provides equity, fixed income, alternative investments, real estate, and merchant banking strategies. The company was founded by Harold Stanley and Henry S. Morgan in 1924 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Morgan Stanley reports resilient performance amidst macro challenges and growth opportunities

Morgan Stanley's Q4 performance showcased resilience and growth in key segments. Challenges in Institutional Securities and asset trends in Wealth Management require attention. Opportunities lie in NII expansion, market rebound, and growth strategies.

Morgan Stanley excels in Q1 2023, eyes growth amid challenges

Morgan Stanley's Q1 2023 demonstrated financial resilience and strategic foresight amidst industry challenges, with a focus on capital strength and client trust.
While facing challenges in NII stability and cost management, the firm is well-positioned to leverage market opportunities and navigate uncertainties effectively.
Strategic initiatives around expense management, growth, and acquisitions signal a proactive approach to driving sustainable performance and shareholder value.

Morgan Stanley reports resilient Q2 performance amidst market challenges

Morgan Stanley navigated challenges with market improvements in Q2.
Strong performance in Wealth Management with record revenues and net new assets.
Clear CEO succession plan and focus on customization products for growth.
Challenges in Institutional and Investment Management revenues addressed.

Morgan Stanley reports robust Q3 earnings, eyes global expansion opportunities

Morgan Stanley's Q3 performance showcased strength in Wealth and Investment Management, despite challenges in NII and market environment.
The company's successful E*TRADE integration and strong capital position position it well for growth and shareholder returns.
Opportunities lie in technology investments, global expansion, and strategic M&A, while challenges include NII decline and market rate impacts.
Overall, Morgan Stanley's performance reflects resilience and strategic focus amidst a dynamic financial landscape.

Morgan Stanley reports strong 2023 earnings, eyes growth opportunities

Morgan Stanley's transformation over 15 years has led to robust financial performance, particularly in Wealth and Investment Management. Despite challenges in Institutional Securities, the firm remains optimistic for 2024, focusing on organic growth and efficiency.

Morgan Stanley excels in Q1 2024 earnings, eyes growth opportunities

Morgan Stanley's Q1 2024 earnings call highlighted strong financial performance, particularly in Wealth and Investment Management. The firm faces challenges in maintaining fixed income revenues and managing tax rates but sees opportunities in expanding client assets and profitability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

The bank's results are expected to reflect the generally tepid environment for investment banking.

Morgan Stanley Earnings Are Wednesday. Investors Are Waiting for the Turnaround.

NEW YORK--(BUSINESS WIRE)--Morgan Stanley Wealth Management today announced results from its quarterly individual investor pulse survey: Bearishness ticks up. Bearish sentiment notched up 4 percentage points to 49% from last quarter—nearing Q1 levels (52%). Views on the economy remain cautiously optimistic. Slightly over half of investors (55%) believe the economy will be in better shape by the end of year and think we'll see inflation normalize (52%). Further, just over two in five investors (.

Morgan Stanley Wealth Management Pulse Survey Reveals Investors Grow Bearish on the Market

Morgan Stanley (NYSE:MS)'s third quarter profits are expected to have declined year-over-year on another quarter of sluggish dealmaking.   Wall Street expects the investment banking firm to report earnings per share (EPS) of $1.27 when it hands down its 3Q financial results before the opening bell in New York on Wednesday, October 18, 2023.

Morgan Stanley set to report drop in earnings for 3Q

Bank of America

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Wells Fargo

Consumers with weaker credit histories are facing pressure. And though headwinds remain, the nation's banking public remains robust at U.S. banks.

Banks beat expectations but some economic cracks form as caution abounds

Despite banks continuing to see benefits of high rates, worries about deposit costs and consumer credit still lurk.

Big-Bank Profits May Be Higher, but for How Much Longer?

Big bank executives warned a number of products and services could become uneconomical if new proposed bank capital hikes are adopted as written, but said they were hopeful they could win some changes.

Big U.S. banks warn capital hikes could weigh on green energy, equity products

Celsius Holdings

Dominion Energy

Coca-Cola

Medtronic

Patterson Companies

Visa

Investors are worried that the stock market's first-half performance in 2023 is reversing. It's unclear what part of the business cycle we are currently in.

7 Resilient Stocks Poised to Prosper in Any Market Condition

The Federal Reserve's aggressive monetary policy tightening is prompting U.S. banks to slow the flow of credit and beef up cash levels after the panic in March when Silicon Valley Bank collapsed.

How U.S. bank balance sheets have changed as Fed raises rates

Morgan Stanley (MS) reachead $77.81 at the closing of the latest trading day, reflecting a -1.38% change compared to its last close.

Morgan Stanley (MS) Falls More Steeply Than Broader Market: What Investors Need to Know

Options traders are braced for larger-than-usual post-earnings stock price swings for some U.S. banks, despite signs of cooling volatility in broader markets, options data showed.

Options traders see larger-than-usual stock swings as banks report results

B&G Foods

Medifast

BGS, MS and MED have been added to the Zacks Rank #5 (Strong Sell) List on October 12, 2023.

New Strong Sell Stocks for October 12th

JPMorgan, Wells Fargo and Citigroup will report third-quarter results on Friday, followed by others next week.

What Will Bank Earnings Say About the Economy?

PNC Financial Services

U.S. Bancorp

Rising interest rates have boosted earnings for U.S. banks in recent quarters. But their upcoming third-quarter earnings reports likely will disclose how that past boon has morphed into a burgeoning barrier to growth.

Rising Rates Turn From Friend to Foe for U.S. Banks

Morgan Stanley (MS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Morgan Stanley (MS) Q3 Earnings Expected to Decline

Morgan Stanley's stock moved into the red on Wednesday while other bank stocks rose, as UBS cut its rating on the megabank to neutral from buy.

UBS cuts Morgan Stanley rating to neutral from buy on revenue headwinds

Morgan Stanley's (MS) third-quarter earnings are expected to have been negatively impacted by a subdued trading performance and a muted IB business performance.

Weak Trading Performance to Hurt Morgan Stanley (MS) Q3 Earnings

Broadcom

Best Buy

Home Depot

Kroger

NextEra Energy

Nexstar Media Group

PepsiCo

Schwab US Dividend Equity ETF

Toronto-Dominion Bank

Target

Tractor Supply

Texas Instruments

Many companies are showing up as bargains right now, I cover my five favorites. Utilities may not be as good of a bargain as they seem, as their dividend yields are influenced by interest rates. Retailers and banks are showing up as potential bargains, but investors should be cautious and consider the risks associated with these industries.

Diving Into Dividends: Bargain Opportunities In Dividend Growth

Amgen

Blackrock Inc

ConocoPhillips

Johnson & Johnson

MetLife

Altria

Paychex

Pfizer

Phillips 66

Sempra Energy

Vanguard High Dividend Yield ETF

There are 20 stocks on my high yield watchlist for October 2023. The majority of the stocks on my watchlist are undervalued based on dividend yield theory. An equally weighted portfolio of these stocks underperformed the Vanguard High Yield Dividend ETF by about 0.50% during the month of September.

High Yield Stock Watchlist - October 2023

The big U.S. banks are reportedly facing a slowdown in lending growth due to rising interest rates, and it is expected to hurt their profits. Net interest income, a key driver of earnings for banks, has been boosted by the Federal Reserve's benchmark rate hikes over the last 18 months.

Slowing Loan Growth Expected to Squeeze Big US Banks' Profits

Major global deal-makers, including Morgan Stanley (MS), Goldman Sachs (GS) and JPMorgan (JPM), are seeing a reversal in M&A activities.

Global Deal-Making Rebound in Q3: Will It be Sustainable?

SPDR S&P Regional Banking ETF

Financial Select Sector SPDR Fund

JPMorgan Chase & Co. Chief Executive Jamie Dimon acknowledged the tragedy of bloodshed in Israel and said bank employees remained safe over the weekend, as bank stocks fell more deeply into the red than the broad market on Monday.

JPMorgan's Jamie Dimon says bank employees safe over the weekend; bank stocks fall on heels of Israel-Hamas war

Profit updates from the U.S.'s largest banks are expected to fare better than their stock price weakness would suggest when third-quarter earnings season kicks off this coming Friday.

Bank earnings await after a weak quarter for stock prices, but the biggest names remain more favored

When we think of investment banks (IBs), two names immediately come to our minds – Morgan Stanley MS and Goldman Sachs GS. Both MS and GS are the leading providers of underwriting and advisory services.

MS vs. GS: Which Stock Deserves Your Attention More?

SPDR S&P Bank ETF

You might have expected financial stocks to be among the worst performers in the S&P 500 this year, in light of three high-profile bank failures, the pressure from the decline in market values for banks' bond holdings and the competition for deposits as interest rates have risen. But the financial sector is down 2.8% this year with dividends reinvested.

Here's what to expect when banks report earnings, and how cheap their stocks are now

Morgan Stanley (MS) closed the most recent trading day at $79.15, moving +0.08% from the previous trading session.

Why the Market Dipped But (MS) Gained Today

News for Morgan Stanley Stock (MS)