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

American Express

Bank of America

Costco

Ford Motor Company

McDonald's

United Continental Hlds

When it comes to investing, the best offense is usually a really good defense. While strong growth is important, it is usually not as important as holding defensive stocks that can hold up when a broad-based market downturn happens, such as the one we saw in 2022.

7 Stock Picks for Defensive, Low-Risk Growth

Victims filed arbitration claims against Morgan Stanley, alleging that it failed to reasonably supervise its employee.

Victims want Morgan Stanley to answer for ex-financial advisor's Ponzi scheme

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Wells Fargo

U.S. banking giants reported lackluster results for investment banking in the second quarter, but that has not stopped investors from buying their stocks as a bet on revived dealmaking.

Investors cheer Wall Street's green shoots as bank executives stay cautious

Morgan Stanley ( MS , Financial), a leading global investment bank founded in 1924, has recently released its second-quarter 2023 earnings report. The bank's operations include institutional securities, wealth management and investment management segments with over $4 trillion worth of client assets, so it is often seen as a bellwether for the investing community.

Morgan Stanley: Key Points from the Latest Earnings Report

Morgan Stanley shares soared 6.45% higher by Tuesday's close - the biggest increase since 2020

Morgan Stanley's Quarterly Earnings Sees Profit Tumble - But Stock Soars

Big banks have reported their second-quarter earnings over the past week. JPMorgan's profits surged to a record high after it bought First Republic.

Yes, Wall Street's biggest lenders got even richer after Silicon Valley Bank collapsed

NEW YORK--(BUSINESS WIRE)--Morgan Stanley Domestic Holdings, Inc. (the “Issuer”) today announced that it will redeem in whole its outstanding (i) $400,000,000 in aggregate principal amount of 3.800% Senior Notes Due 2027 (CUSIP: 269246 BQ6) (the “2027 Notes”) and (ii) $420,000,000 in aggregate principal amount of 4.500% Senior Notes Due 2028 (CUSIP: 269246 BS2) (the “2028 Notes” and, together with the 2027 Notes, the “Notes”) on July 28, 2023 (the “Optional Redemption Date”) pursuant to the opt.

Morgan Stanley Domestic Holdings, Inc. Announces Redemption in Whole of Its 3.800% Senior Notes Due 2027 and 4.500% Senior Notes Due 2028

Morgan Stanley's second-quarter earnings tanked 13% year-over-year, beating analysts' scanty estimates as dealmaking has dried up on Wall Street.

Profits at Wall Street's major banks tank on weak trading, dealmaking

Charles Schwab

Earnings season is in full swing, and more bank names have stepped into the confessional this morning.

3 Bank Stocks Setting the Tone This Earnings Season

PacWest Bancorp

Bank of America and Morgan Stanley reported second-quarter earnings this morning. PacWest has been an extremely volatile bank stock since the banking crisis and appears to be benefitting from renewed optimism in the sector.

Why Shares of Bank of America, Morgan Stanley, and PacWest Bancorp Are Rising Today

Morgan Stanley (MS) Q2 2023 Earnings Call Transcript

Invesco KBW Bank ETF

SPDR S&P Regional Banking ETF

Invesco S&P 500 Equal Weight ETF

Exchange-traded funds that buy bank stocks were jumping Tuesday as investors assessed Wall Street's latest batch of second-quarter earnings results from giants including Bank of America and Morgan Stanley.

Bank ETFs bounce, with this fund heading for potentially best month since 2021

Morgan Stanley posted record wealth management revenue and beat profit and sales estimates as the bank benefited from higher interest rates following the Fed's rate hikes to fight inflation.

Morgan Stanley Beats Q2 Estimates on Record Wealth Management Revenue

Morgan Stanley (MS) records a rise in revenues and expenses in the second quarter of 2023.

Morgan Stanley (MS) Q2 Earnings Beat Estimates, Revenues Rise

Lockheed Martin

Retail Sales at +0.2% were well off the expected +0.5% for the month, which happens to also be the upward revision for May.

Retail Sales Lower at +0.2%; BAC, MS, LMT All Beat in Q2

Retail Sales Fall Below Expectations in June.

Retail Sales Fall Below Expectations in June

Big U.S. banks on Tuesday said higher interest rates had helped boost profits in the second quarter, causing shares to spike, but a pullback in consumer spending, slower loan growth and increased deposit costs may cloud the outlook for the sector.

U.S. banks shares spark after interest income boost, but outlook mixed

Bank stocks have gained on largely positive earnings results. But firms are bracing for hits from commercial real estate and other losses.

Bank Stocks: Earnings Largely Positive, Except For This Red Flag

Although the revenue and EPS for Morgan Stanley (MS) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Morgan Stanley (MS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

As measured by the VIX (CBOE Volatility Index), volatility in broader equity markets has compressed significantly over the past year. 2022 saw an average VIX above 25%, historically high and massively more volatile than 2023's downtrend toward 15% and below.

Morgan Stanley Second Quarter Earnings, Time For A Breakout?

Markets prepared for a flat open Tuesday morning. Bank of America reported surprising strength in its trading operations.

What These 2 Big Bank Stocks Are Saying About the Bull Market

Morgan Stanley (NYSE:MS) reported a decline in profits over the second quarter of 2023 due to challenges faced in the global deal-making and trading landscape. The company's net income of $2.2 billion dropped 13% compared to the same period last year, reaching its lowest level in over three years.

Morgan Stanley sees profit decline in 2Q; revenue exceeds expectations

Results show that Wall Street-style businesses like investment banking and trading are still in the doldrums.

Morgan Stanley's Profit Falls, Hurt by Lower Trading Revenue

Morgan Stanley MS, +0.69% stock was up about 2% in premarket trades Tuesday after its second-quarter profit and revenue beat analyst expectations. Morgan Stanley said its profit for the three months ended June 30 fell 14% to $2.05 billion, or $1.24 a share from $2.39 billion, or $1.39 per diluted share, in the year-ago quarter.

Morgan Stanley profit drops but beats expectations as stock rises

The investment bank's second-quarter earnings top Wall Street expectations.

News for Morgan Stanley Stock (MS)