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

When James Gorman made one of the biggest announcements of his career on Friday -- that he would be stepping down as Morgan Stanley CEO within a year -- he still managed to crack a joke.

Morgan Stanley's Aussie CEO Gorman transformed bank, deal by deal

Morgan Stanley Chief Executive James Gorman said Friday that he plans to step down as the bank's chief executive officer within a year, noting that the investment bank has a strong bench of internal candidates to serve as its next leader.

Here are the leading candidates to be Morgan Stanley's new CEO—and what comes next

The bank hasn't lined up a clear successor, noting there are three strong internal candidates.

Morgan Stanley Ticks Down on Gorman's Exit

Morgan Stanley Chief Executive James Gorman once said he had no intention to die at his desk. So it came as no surprise when he disclosed a plan at the bank's annual general shareholder meeting to step down in the next 12 months.

Retirement tips for Morgan Stanley CEO James Gorman

He transformed the Wall Street bank from a firm whose risk taking meant it barely survived the 2008 financial crisis into a leading wealth management institution

Morgan Stanley's James Gorman to Step Down as CEO

“The specific timing of the CEO transition has not been determined, but it is the board's and my expectation that it will occur at some point in the next 12 months,” Gorman said.

Morgan Stanley CEO James Gorman to step down, hasn't named successor

Morgan Stanley will likely appoint its next CEO in the next 12 months, its current Chief Executive James Gorman said on Friday.

Factbox: Morgan Stanley's three potential CEO candidates

Shares of Morgan Stanley took a hit Friday, but perhaps shareholders shouldn't be too concerned over news of the planned departure of the investment bank's longtime chief executive, James Gorman.

Morgan Stanley's stock has underperformed the market since James Gorman became CEO in 2010

Morgan Stanley chief executive James Gorman will step down as the company's head within the next 12 months, he said Friday at the bank's annual shareholder meeting.

Morgan Stanley CEO James Gorman to step down within next 12 months

Morgan Stanley CEO James Gorman told shareholders Friday that the company will likely appoint its next CEO in the next 12 months.

Instant View: Morgan Stanley CEO Gorman plans to step down

Morgan Stanley's board has narrowed its CEO search to three "very strong" internal candidates to succeed Gorman, the chief said.

Morgan Stanley CEO plans to step down within the year, sparking Wall Street succession race

Morgan Stanley's MS, +0.69% stock is down 0.8% early Friday as CEO James Gorman aired a plan at the bank's annual general shareholder meeting to step down in the next 12 months. “The specific timing of the CEO transition has not been determined, but it is the board's and my expectation that it will occur at some point in the next 12 months,” Gorman said, according to a transcript provided to MarketWatch.

Morgan Stanley stock dips as CEO sets 12-month timetable for successor

James Gorman will be stepping down from his role in the next 12 months, The Wall Street Journal reports.

Morgan Stanley's Gorman Sees New CEO Within 12 Months

Morgan Stanley CEO Gorman expects succession to occur within the next 12 months

Goldman Sachs

JPMorgan Chase & Co

Goldman Sachs, Morgan Stanley and JPMorgan, among other Wall Street firms, realize that China's markets are no longer as lucrative as expected.

JPMorgan, Others Scale Back Growth Plans in China Amid Turmoil

A significant slowdown in IB business prompts Morgan Stanley (MS) to cut almost 7% of jobs in the Asia-Pacific region.

Morgan Stanley (MS) Plans to Cut 7% of Asia-Pacific IB Jobs

Morgan Stanley is rumored to be cutting 40 roles in its Asia-Pacific investment banking arm, having already slashed jobs in the department last year.

Morgan Stanley Considers Slashing Jobs As Banking Worry Continues

Morgan Stanley (MS) plans to increase staff in Paris by 200 by 2025 as a post-Brexit measure.

Morgan Stanley (MS) to Raise Headcount in Paris to 500 by 2025

Morgan Stanley is considering a 7% cut in its Asia-Pacific investment banking workforce, with China taking the biggest hit, Bloomberg News reported on Tuesday, citing people familiar with the matter.

Morgan Stanley weighs cutting 7% of Asia investment bank jobs - Bloomberg News

Bank of America

Wells Fargo

Bridgewater Associates, one of the world's largest hedge funds, sold off U.S. bank stocks in the first quarter as the industry was roiled by the collapse of three lenders, according to regulatory filings.

Bridgewater dumps bank stocks amid turmoil in first quarter -filings

Morgan Stanley's plan to increase headcount in France by 200 by 2025 would bring its total staff in the country to 500, with the new Paris-based bankers mostly devoted to sales and trading of so-called macro products and stock derivatives.

Morgan Stanley to increase Paris staff to 500 by 2025

Morgan Stanley currently offers a $0.78 quarterly dividend, with a yield of 3.70%. Since the Fed raised rates again in May, without specific indication of dropping them soon, my forward-looking sentiment is that this will continue to benefit Morgan Stanley for the rest of 2023, in terms of net interest income.

Morgan Stanley: A Leader In Wealth Management, And A Long-Term Buying Opportunity

Morgan Stanley's stock (NYSE: MS) has lost 2% YTD, as compared to the 8% rise in the S&P500 over the same period.

What To Expect From Morgan Stanley Stock?

SPDR S&P Regional Banking ETF

PacWest Bancorp

PNC Financial Services

Regions Financial

Truist Financial

Western Alliance Bancorporation

Bank stocks fall early Tuesday after financial shares pared gains Monday. Investors digest latest data.

Bank Stocks Fall Farther. 'Equity Manipulation' Threat Rises.

It seems to happen every 12 to 15 years, regardless of what the core reason is, or who is running the government: the banking sector finds a way to hobble Wall Street and more than once has come close to bringing the entire system to its knees.

News for Morgan Stanley Stock (MS)