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

Bank of America

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Wells Fargo

U.S. banking heavyweights set aside billions of dollars in the first quarter to account for potential bad loans, as rising interest rates turn up the heat on borrowers who are just starting to see some relief from inflation.

Factbox: How big U.S. banks are managing bad loan reserves

Let's talk about this banking "crisis" one more time

This New Poll Shows Why Bank Stocks Are Primed To Soar

Citigroup, JPMorgan, PNC, and Wells Fargo are preparing for an impending recession by increasing their provisions for credit losses. This is prudent risk management, especially in light of recent banking sector turmoil.

Big U.S. Banks Are Preparing For An Impending Recession

The major indexes closed lower Friday on hawkish Fed speak and dismal retail sales data.

Stock Market Today: Big Bank Earnings Fail to Lift Stocks

Markets looked ready to open lower until big banks released their latest financial results. JPMorgan Chase and Wells Fargo got strong advances in their stock prices after issuing favorable reports.

Big Bank Stocks Are Giving the Market a Boost

Increased market volatility is expected to have positively impacted Morgan Stanley's (MS) first-quarter 2023 trading revenues.

Trading, Higher Rates to Aid Morgan Stanley's (MS) Q1 Earnings

Deposits are funneling out of the banking system, and banks have had to pay up to keep them. Investors are focusing more now on credit quality.

Here's a Potential Bright Spot In Upcoming Bank Earnings Reports

Bank of New York Mellon

State Street

Jefferies analysts on Tuesday said Morgan Stanley, Goldman Sachs Group Inc., Bank of New York Mellon Corp. and State Street Corp. remain more attractive than other big banks ahead of first-quarter earnings season.

Goldman Sachs, Morgan Stanley, BNY Mellon and State Street top Jefferies list for Q1 bank earnings

America's banking giants are expected to reveal a huge outflow of cash in the days ahead.

Big Banks Projected to Report $100 Billion in Withdrawals

Comerica

First Republic

KeyCorp

PNC Financial Services

Regions Financial

Charles Schwab

Truist Financial

U.S. Bancorp

Western Alliance Bancorporation

JPMorgan reports Friday, along with Wells Fargo, Citigroup and PNC Financial. Balance sheets and guidance may trump Q1 earnings.

JPMorgan Leads Bank Earnings This Week As Balance Sheets, Guidance Key

Morgan Stanley's shares have held up well, after a tougher 2022. The bank sees some outflows at its wealth management business which does not bode well for 2023, a difficult year in the making for banks.

Morgan Stanley: Some Cautious Thoughts Into 2023

The first quarter marked a sea change for U.S. banks. Two high-profile failures of institutions with specific problems pointed to further challenges: The long period of super-easy money (which means paying next to nothing for deposits) is coming to an end, as customers shop around for higher interest rates.

These 7 tables show just how bad this ‘crisis quarter' could be for earnings of the 20 largest banks

JPMorgan Chase & Co. kicks off what could be the most closely-watched earnings reporting season in more than a decade on Friday, April 14, after the U.S. largest bank collapse since the 2008 financial crisis, sharp drops in bank stocks, and recessionary signals in the bond market rocked the sector during the quarter.

Banks on the line for deposit flows and margin pressure in Q1 updates as they reel from banking crisis

Morgan Stanley's business model is low-risk, stable, and capital-light. The strategy is crystal clear and is all about doubling up on wealth management.

Morgan Stanley: The Valuation Question Answered

Advance Auto Parts

Accenture Plc

Automatic Data Processing

Ball Corp

British American Tobacco

Boston Properties

Cigna

Carlisle Companies

Coterra Energy

Chevron

EOG Resources

Energy Transfer LP Unit

Johnson & Johnson

Lennar

MPLX

Merck

Microsoft

NRG Energy

Pfizer

Southern Copper

Stanley Black & Decker

Target

Taiwan Semiconductor Manufacturing

Tyson Foods

This article is part of our monthly series where we highlight five companies that are large-cap, relatively safe, dividend-paying, and are offering large discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks.

5 Relatively Safe And Cheap Dividend Stocks To Invest In - April 2023

U.S. bank deposits fell for the 10th week in a row, the Fed reported Friday, Smaller financials reported a small gain. Several banks report earnings next week.

U.S. Bank Deposits Fall For 10th Straight Week As Worries Continue

Morgan Stanley said on Thursday that Chief Executive Officer James Gorman's annual pay was $39.4 million in 2022, nearly 13% higher than a year earlier.

Morgan Stanley CEO's pay rose 13% to $39.4 mln in 2022

Morgan Stanley MS, -1.18% has hired First Republic Bank FRC, -2.54% wealth advisor Steven Levine in another departure from the troubled bank, Barron's reported late Wednesday. Citing two people familiar with the situation, Barron's reported that Levine has joined Morgan Stanley in Palm Beach, Fla.

First Republic wealth advisor moves over to Morgan Stanley: Barron's

Morgan Stanley said on Thursday it looks forward to setting up a futures company in China after the country's securities regulator accepted its application.

Morgan Stanley a step closer to setting up futures company in China

Morgan Stanley CEO James Gorman said limiting banking activities to “small sandboxes” could help prevent further shocks to the financial system after the failure of Silicon Valley Bank affected the sector in recent weeks.

Morgan Stanley CEO calls for ‘small sandboxes' to contain financial storms

NEW YORK--(BUSINESS WIRE)--Morgan Stanley (NYSE: MS) today announced that its Portfolio Risk Platform has won Celent's Model Wealth Manager 2023 Award in the Data and Analytics category, honored for best practices of technology usage in different areas critical to success in wealth management. Celent, a global research and advisory firm for the financial services industry, recognizes financial institutions as ‘model wealth managers' for their outstanding technology initiatives.

Morgan Stanley's Portfolio Risk Platform Wins Celent Model Wealth Manager 2023 Award for Data & Analytics

Eastman Chemical

Corning

A screen looking for growth in high-yielding dividend stocks turned up 3 interesting names. These blue-chip stocks trade for less than 20X their earnings outlook, have at least a 5% expected earnings CAGR for the next 2 years and pay more than 3.0%.

High-Growth, High-Yield Value Stocks Nearing Trigger Points

HSBC Holdings

HSBC , Goldman Sachs , Morgan Stanley and Standard Chartered reported a widening in the gap between what they paid women and men in 2022, according to data reviewed by Reuters.

Analysis: HSBC, Goldman gender pay gaps widen in UK as finance makes slow progress

American Electric Power Company

Amgen

Comcast

There are 19 stocks on my high-yield watchlist for April 2023. The majority of the stocks on my watchlist are undervalued based on dividend yield theory.

High Yield Stock Watchlist: April 2023

News for Morgan Stanley Stock (MS)