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

Citigroup

JPMorgan Chase & Co

Wells Fargo

Silicon Valley Bank bought up too many long-term assets and too few readily marketable ones. SVB also bought bonds and other debt instruments that were excessively sensitive to interest rate volatility.

The Biggest U.S. Banks Aren't Facing SVB-Like Liquidity Crisis After All

Morgan Stanley (MS) Q1 2023 Earnings Call Transcript

Investment banking giant Morgan Stanley's Q1 profit plunged by 19% after M&A activity dried up

Morgan Stanley Bucks Banking Sector Trend, Reports Drop In Q1 Profit

Higher interest rates and decent loan growth support Morgan Stanley's (MS) Q1 earnings amid muted performance of trading and IB businesses.

Morgan Stanley (MS) Q1 Earnings Beat on Higher NII, Stock Down

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

Morgan Stanley (MS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Morgan Stanley plans to buy more wealth and asset management businesses and is keeping an eye on potential targets, CEO James Gorman said on Wednesday.

Morgan Stanley's dealmaking CEO Gorman signals more transactions to come

Morgan Stanley (MS) came out with quarterly earnings of $1.70 per share, beating the Zacks Consensus Estimate of $1.67 per share. This compares to earnings of $2.06 per share a year ago.

Morgan Stanley (MS) Beats Q1 Earnings and Revenue Estimates

Morgan Stanley (NYSE:MS) has reported lower first-quarter revenue and earnings that still beat market expectations as its investment banking division saw less activity in what the bank described in its earnings statement as a volatile trading environment.  Net revenues for the three months to March 31, 2022, declined 2% to $14.5 billion from a year earlier, above the $14 billion expected by analysts.

Morgan Stanley beats estimates even as dip in dealmaking impacts earnings

The bank said investment banking revenue declined 24% for the latest quarter, following similar drops at other big banks.

Morgan Stanley Profit Falls 19% on Deal-Making Drought

ASML Hld

Markets prepared for a slightly lower open on Wednesday morning. ASML reported a big recovery from a year-ago slump, but investors are nervous about the semiconductor industry more broadly.

Waiting for Tesla, Investors Are Watching These 2 Stocks Wednesday

The bank said first-quarter profit fell 19% from a year ago, dragged down by a continued slowdown in deal making.

Morgan Stanley Profit Falls on Deal-Making Drought

Morgan Stanley MS, +0.63% stock fell 1.9% in premarket trades Wednesday after the investment bank reported lower net income and revenue that beat consensus estimates. Morgan Stanley's first-quarter profit fell to $2.84 billion, or $1.70 a share, from $3.54 billion, or $2.02 a share, in the year-ago quarter.

Morgan Stanley stock falls despite earnings beat

Morgan Stanley gets most of its revenue from wealth and investment management, steadier businesses that helped offset volatile trading and advisory results.

Morgan Stanley tops analysts' expectations on better-than-expected trading results

Morgan Stanley's first-quarter profit fell as its mainstay investment banking business remained under pressure due to a prolonged slump in dealmaking.

Morgan Stanley first-quarter profit falls as mega deals dry up

NEW YORK--(BUSINESS WIRE)--Morgan Stanley (NYSE: MS) today reported net revenues of $14.5 billion for the first quarter ended March 31, 2023 compared with $14.8 billion a year ago. Net income applicable to Morgan Stanley was $3.0 billion, or $1.70 per diluted share,1 compared with net income of $3.7 billion, or $2.02 per diluted share,1 for the same period a year ago. James P.

Morgan Stanley First Quarter 2023 Earnings Results

Tesla

Investors were cautious ahead of another batch of U.S. earnings that include Tesla Inc, Morgan Stanley and International Business Machines Corp.

U.S. futures soft as traders eye results from Morgan Stanley, Tesla and IBM

Netflix

United Continental Hlds

Western Alliance Bancorporation

Netflix issues a disappointing second-quarter outlook, Tesla will report earnings after the stock market closes Wednesday, and regional bank Western Alliance says deposits have stabilized.

Netflix, Tesla, Western Alliance, Morgan Stanley, United Airlines, and More Market Movers

Morgan Stanley is expected to post earnings of $2.8 billion, or $1.63 a share, down from $3.7 billion in the year-ago quarter, according to analysts surveyed by FactSet. Revenue is projected to tumble by 5% to $14 billion.

Morgan Stanley Earnings Are Coming. Here's What to Expect.

Bank of America

Goldman Sachs

Bank earnings continue in earnest as Bank of America, as Goldman Sachs reports earnings. Morgan Stanley reports Wednesday.

Bank Of America Earnings Leap 18%; Goldman Sachs Posts Mixed Results; Morgan Stanley On Deck

M&T Bank

PNC Financial Services

Charles Schwab

State Street

First-quarter earnings from the largest U.S. banks are off to a mostly positive beginning despite a tough start to the year for the sector, analysts at Jefferies said Monday.

Bank earnings ‘off to a good start,' with Bank of America and Goldman Sachs on deck

Abbott Labs

Baker Hughes Co

In mid-morning trading on Monday, the Dow Jones industrials were up 0.04% while the S&P 500 was down 0.07% and the Nasdaq 0.22% lower.

Earnings Previews: Abbott Labs, ASML, Baker Hughes, Morgan Stanley

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.

News for Morgan Stanley Stock (MS)