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

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Current liabilities

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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

Goldman Sachs

MS has a superior business model. The wealth management division is growing and delivering >30% ROE.

Goldman Sachs Or Morgan Stanley: Which Bank To Buy In 2023?

Morgan Stanley Chief Executive Officer James Gorman's total compensation for 2022 slipped 10% to $31.5 million, the bank said on Friday.

Morgan Stanley lowers CEO Gorman's 2022 compensation to $31.5 mln

The bank cut his compensation 10% from the previous year.

Morgan Stanley CEO James Gorman Gets $31.5 Million for 2022

Morgan Stanley (NYSE:MS)'s CEO James Gorman has ruled out any chance that the investment bank could end up owning Elon Musk's Twitter Inc (NYSE:TWTR). Responding to a question from Bloomberg Surveillance at the World Economic Forum in Davos, Switzerland, Gorman said there is no scenario in which the investment bank could end up owning the social media platform.

Morgan Stanley CEO James Gorman rules out Twitter ownership

NEW YORK--( BUSINESS WIRE )--Morgan Stanley at Work today released findings from its annual Stock Plan Participant Survey, showing that amid a highly competitive labor market, equity compensation continues to be a critical tool to attract and retain talent. This survey provides fresh insights about the participant experience, perceived value and overall benefits of their company's equity plans.

Morgan Stanley at Work Unveils Insights from New Stock Plan Participant Survey

Ameriprise Financial

APA Corporation

Exelon

Intel

Pfizer

Walgreens

For years, it seems analysts and portfolio managers have anticipated the return of value stocks as the market has moved higher, and for years they have continued to underperform growth stocks.

Value Crushes Growth to Start 2023: 7 Defensive ‘Strong Buy' Stocks With Big Dividends

Bank of America

Citigroup

JPMorgan Chase & Co

Wells Fargo

Big banks' earnings have shown the great financial services digital shift continues. J.P. Morgan, Bank of America, Citi and Wells last week provided variations on several themes: A mild recession seems a real possibility this year.

Big Bank Earnings Spotlight Unstoppable Digital Shift

While Wall Street definitely wasn't immune to the volatility of the broader market, some banks such as Morgan Stanley and Goldman Sachs managed to finish the year in the green.

Goldman Sachs And Morgan Stanley Both Miss Earnings Estimates As Mixed Banking Results Continue

NEW YORK--( BUSINESS WIRE )--Morgan Stanley has announced the appointment of 184 Managing Directors. The new Managing Directors are:

Morgan Stanley Appoints 184 New Managing Directors

CarMax

NVIDIA

Travelers

Tesla

The Dow declined to start the trading week on Jan. 17, 2023, as earnings reports failed to impress the markets, while the Nasdaq posted a small gain.

The Market Sum: Double Down

Interactive Brokers

Netflix

Procter & Gamble

Charles Schwab

This earnings season is just getting started and the next few weeks will provide a lot of valuable information on how the economy performed in the last quarter of 2022

Top Earnings Reports for the Week of January 16: What Are They Telling Us?

Morgan Stanley (NYSE:MS.PK ) Q4 2022 Results Conference Call January 17, 2023 8:30 AM ET Company Participants James Gorman - Chairman and Chief Executive Officer Sharon Yeshaya - Chief Financial Officer Conference Call Participants Glenn Schorr - Evercore ISI Ebrahim Poonawala - Bank of America Brennan Hawken - UBS Steven Chubak - Wolfe Research Dan Fannon - Jefferies Gerard Cassidy - RBC Mike Mayo - Wells Fargo Matt O'Connor - Deutsche Bank Operator Good morning. On behalf of Morgan Stanley, I will begin the call with the following disclaimer.

Morgan Stanley (MS) Q4 2022 Earnings Call Transcript

Trading has been a surprise bright spot for Morgan Stanley, with the unit's revenue jumping 26% to $3.02 billion in the fourth quarter, as clients look to hedge against market risks.

Morgan Stanley profit beats on strength in wealth, trading units

All eyes on Tuesday were on financial services giants Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS), whch both reported their latest quarterly earnings before the bell, sending one company's stock tumbling and the other's share price higher.   Just before noon, Goldman Sachs (NYSE:GS) shares had fallen almost 7% after its 4Q 2022 earnings highlighted the impact of falling revenue amid increasing expenses and loan loss provisions.

A tale of two banks: Goldman Sachs hit by rising expenses, Morgan Stanley bolstered by strong performance of wealth management division

Bank giants Morgan Stanley (NYSE:MS) and Goldman Sachs Group Inc (NYSE:GS) are moving in opposite directions this morning after their reported fourth-quarter results.

Options Traders Blast 2 Bank Stocks After Earnings

Morgan Stanley (MS) delivered earnings and revenue surprises of 4.80% and 4.84%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Morgan Stanley (MS) Q4 Earnings and Revenues Top Estimates

Morgan Stanley (MS) records a decline in revenues in the fourth quarter of 2022. Provisions witness a y/y rise.

Morgan Stanley (MS) Gains on Q4 Earnings Beat, Revenues Dip Y/Y

Morgan Stanley CEO James Gorman said deal-making activity will return as soon as the Federal Reserve stops hiking interest rates.

Morgan Stanley CEO Gorman says he's confident deal activity will return once the Fed pauses

Mixed results from Goldman Sachs and Morgan Stanley paint a complicated picture.

What Wall Street Banks Are Saying About the Stock Market

Morgan Stanley said an increase in net assets helped guide wealth management revenue higher and hit a annual record.

Morgan Stanley tops 4th-quarter earnings expectations as wealth management unit posts record gains

Goldman Sachs stock fell early Tuesday after reporting a massive drop in earnings, Morgan Stanley just beat expectations for quarterly results. The post Goldman Sachs Stock Skids On Q4 Miss, Morgan Stanley Tops Expectations appeared first on Investor's Business Daily.

Goldman Sachs Stock Skids On Q4 Miss, Morgan Stanley Tops Expectations

Goldman Sachs Group Inc. and Morgan Stanley reported lower fourth-quarter earnings on Tuesday as their investment banking practices handled fewer deals, but Morgan Stanley stock rose after it beat expectations while Goldman moved lower after falling short.

Goldman Sachs misses its earnings estimate, while Morgan Stanley beats as profits drop

Morgan Stanley reported fourth-quarter earnings on Tuesday that exceeded Wall Street expectations, boosted by the bank's record revenues from wealth management.

Morgan Stanley's earnings top Wall Street expectations, helped by record wealth management revenue

Morgan Stanley MS, +1.25% stock fell 0.2% on Tuesday after the investment bank's adjusted profit beat Wall Street expectations. Morgan Stanley said its fourth-quarter earnings dropped to $2.11 billion, or $1.26 a share, from $3.59 billion, or $2.01 a share, in the year-ago quarter.

Morgan Stanley beats profit and revenue marks

Morgan Stanley reported a smaller-than-expected 41% drop in fourth-quarter profit on Tuesday as the bank's trading business got a boost from market volatility, offsetting the hit from sluggish dealmaking.

News for Morgan Stanley Stock (MS)