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

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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

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Earnings data Q1 2023

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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.

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Change in stock

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Cash from other sources

Net change in cash

Free cash flow

Morgan Stanley is a good investment opportunity due to its steadily growing wealth management business, attractive dividends, and aggressive share buybacks. MS's focus on wealth and investment management, coupled with strategic investments to attract younger investors, presents significant growth opportunities. Risks include fierce competition in the investment banking and wealth management sectors, and a potential economic slowdown affecting mergers and acquisitions activity.

Morgan Stanley Is A Solid Buy, Growing Wealth Management Business

Bank of America

Citigroup

JPMorgan Chase & Co

Truist Financial

Large banks, including JPM, C and MS, to lift dividends after sailing through the 2023 stress test. BAC didn't provide any updates.

Large Banks to Boost Dividends After Clearing Stress Test

Bank of New York Mellon

Goldman Sachs

State Street

Wells Fargo

After markets closed last Wednesday, the Federal Reserve reported that all 23 banks required to prove their ability to withstand a major market and financial collapse could, in fact, pass the test.

Big Bank Dividend Increases Follow Stress Test Results

Morgan Stanley's diversified business model and growth plans make it an attractive investment, despite the volatility of regional banks. The stock offers a 3.6% dividend yield and has consistently outperformed the Financial Select Sector ETF. The investment bank's growth is driven by its ecosystem, which integrates multiple channels and capabilities, and its focus on deepening client relationships. It aims to reach $10 trillion in total client assets, with wealth management contributing around $8 trillion. Given the bigger picture, I remain neutral on MS stock and believe in buying MS shares on potential weakness down the road.

Morgan Stanley: The Better Financial Dividend Stock

Best Buy

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Texas Instruments

Unilever

Despite rising interest rates and stubborn inflation, equities have shown resilience in 2023 with the SPDR S&P Trust ETF adding 6.48% in June and up 16.80% year-to-date. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 13.19% since its inception in November 2020. The list from June posted a solid gain of 5.63%, beating VYM but not SPY.

My Top 10 High Yield Dividend Stocks For July 2023

Major U.S. banks including Morgan Stanley and JP Morgan Chase & Co. announced dividend increases late Friday, following the Federal Reserve's stress tests earlier this week.

JPMorgan, Morgan Stanley among U.S. banks raising dividends after stress tests

Stress testing is not just to ensure the safety and soundness of the banking system, but also to determine large bank regulatory capital requirements. These requirements determine how much capital banks can return to shareholders.

3 Big Winners from Federal Reserve Bank Stress Testing

Wild price swings have eased, but bank stocks remain sharply below where they stood before a trio of failures.

Banks Brace for More Turmoil in Third Quarter

Stronger growth and employment data lift shares that rise with the economy.

Bank Stocks Lead Market Higher After Clearing Fed Tests

Markets were mixed, with tech taking a back seat on Thursday. Bank stress tests from the Federal Reserve were generally favorable.

Why Dividend Investors Must Watch Bank Stocks Now

Huntington Bancshares

M&T Bank

Charles Schwab

Western Alliance Bancorporation

Zions Bancorp

Bank stocks rose early Thursday after the Federal Reserve announced its 2023 stress test results Wednesday for a hypothetical "severe" recession.

JPMorgan, Wells Fargo Lead, Bank Stocks Climb, After Federal Reserve Stress Test

The largest US banks have demonstrated sufficient resilience to withstand a severe recession while maintaining lending to households and businesses, according to the Federal Reserve's annual bank resilience test conducted on Wednesday. The importance of the stress tests was heightened this year following the collapse of three US banks, which sent shockwaves through the banking system.

Federal Reserve stress test shows US banks resilient in face of recession

Capital One

Big U.S. banks' commercial real estate portfolios put in a surprisingly good performance during the Federal Reserve's annual health checks, with losses declining slightly on last year, the central bank said on Wednesday.

Factbox: Big banks stand strong against Fed's commercial real estate gloom

Citizens Financial Group

U.S. Bancorp

Among the top performers were Charles Schwab Corp. and Deutsche Bank's U.S. operations, while regional lenders Citizens Financial Corp. and US Bancorp were the laggards of the pack.

US banks shrug off turmoil to ace Fed's annual health checks

(Kitco News) - All 23 of the U.S. biggest banks are well positioned to weather a severe recession scenario and continue to provide lending to households and businesses, the Federal Reserve said in its annual bank stress test.

U.S. biggest banks can weather severe recession: Fed's annual bank stress test

Big U.S. banks sailed through the Federal Reserve's annual health check on Wednesday, in a vote of confidence for the sector that is still recovering from turmoil earlier this year and faces an uncertain economic outlook.

US banks ace Fed's annual health checks despite recent turmoil

PNC Financial Services

UBS Group AG

Begun in the aftermath of the 2008 financial crisis, the Fed's annual stress test dictates how much capital the industry can return to shareholders.

Federal Reserve says 23 biggest banks weathered severe recession scenario in stress test

The Federal Reserve is set to release the results from its annual bank stress test on Wednesday after US markets close. The tests, born out of the Great Recession, are undertaken in order to determine if the nation's largest banks can withstand a severe economic downturn.

The Fed is about to reveal how safe America's biggest banks are after the crisis earlier this year

Federal prosecutors are investigating whether a broker at Spartan Capital Securities traded on confidential information about planned mergers and acquisitions illegally obtained from Morgan Stanley , the Wall Street Journal reported on Wednesday.

Spartan Capital broker faces probe tied to deals advised by Morgan Stanley, Wall Street Journal reports

Prosecutors are examining whether a securities broker and his associates traded on unlawfully obtained information about planned mergers and acquisitions.

Broker Faces Insider Trading Probe Tied to Morgan Stanley Deals

The U.S. Federal Reserve is due to release the results of its annual bank health checks on Wednesday at 4:30 p.m. ET (2030 GMT).

Explainer: How does the Fed stress test US banks?

Morgan Stanley's MS, -0.11% stock is down 0.2% to $83.46 a share in Monday trading. If it ends the session at that level on Monday, it will secure its lowest close since June 1, when it ended the session at $82.07, according to Dow Jones Market Data.

Morgan Stanley trading near lows for the month in its sixth straight day of declines

Large banks, including Goldman, Bank of America, Morgan Stanley, JPMorgan and Citigroup, will be in spotlight as the Fed releases 2023 stress test results later this week.

How are 23 Large Banks Going to Fare in 2023 Stress Test?

The Federal Reserve will release the results of this year's banking "stress tests" on Wednesday, helping assess the stability of financial instutions.

Big US banks to face Fed's annual stress tests this week

Big U.S. lenders are expected to show they have ample capital to weather any fresh turmoil in the banking sector during this week's Federal Reserve health checks, although resulting investor payouts are likely to dip slightly, analysts said.

News for Morgan Stanley Stock (MS)