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

Goldman Sachs

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.

Morgan Stanley profit beats on strength in trading business

NEW YORK--( BUSINESS WIRE )--Morgan Stanley (NYSE: MS) today reported net revenues of $12.7 billion for the fourth quarter ended December 31, 2022 compared with $14.5 billion a year ago. Net income applicable to Morgan Stanley was $2.2 billion, or $1.26 per diluted share,1 compared with $3.7 billion, or $2.01 per diluted share,1 for the same period a year ago. Excluding integration-related expenses, earnings per diluted share in the fourth quarter was $1.31 versus $2.08 in the prior year quarter.1,6 The fourth quarter of 2022 was also impacted by severance costs of $133 million associated with a December employee action,2 partially offset by a net discrete tax benefit of $89 million.

Morgan Stanley Fourth Quarter and Full Year 2022 Earnings Results

U.S. stock index futures started the week lower ahead of quarterly results from Goldman Sachs and Morgan Stanley, with downbeat economic data from China denting investor sentiment globally on Tuesday.

Futures slip ahead of Goldman, MS earnings as China data hits sentiment

Robust trading and higher interest rates are expected to have aided Morgan Stanley's (MS) Q4 earnings amid weakness in IB business.

Trading to Aid Morgan Stanley's (MS) Q4 Earnings, IB to Hurt

Morgan Stanley's fourth-quarter results will likely show substantial downturns in asset management and investment banking revenues.

Fourth-Quarter Revenue Likely Sank at Morgan Stanley

Bank of America

Citigroup

JPMorgan Chase & Co

Wells Fargo

JPMorgan Chase & Co and Bank of America Corp continued to add staff as the economy softens, even after the ranks of the five biggest U.S. lenders swelled by 100,000 since the start of 2020.

Big U.S. banks show brave face on jobs as Goldman Sachs cuts staff

Silvergate Capital Corp

Stocks traded right around the break-even line about an hour after Friday's opening bell.

Earnings Previews: Goldman Sachs, Morgan Stanley, Silvergate Capital

Amgen

Broadcom

Cisco Systems

Chevron

Intel

Medtronic

Pfizer

Philip Morris

PNC Financial Services

Pioneer Natural Resources

U.S. Bancorp

Vanguard High Dividend Yield ETF

Exxon Mobil

There are 15 stocks on my high yield watchlist for January 2023. The majority of the stocks on my watchlist are undervalued based on dividend yield theory.

High Yield Stock Watchlist - January 2023

Alcoa

American Airlines

Delta Air Lines

New Oriental Education & Technology Group

Interactive Brokers

Netflix

Procter & Gamble

Charles Schwab

United Continental Hlds

Airlines, banks, and a Chinese leader showcase their earnings next week.

Earnings Preview for the Week of January 16th

Prologis

Schlumberger

Truist Financial

The fourth quarter earnings season officially started this week. Wall Street is expecting a rough quarter ahead, with Goldman Sachs and other banks preparing for layoffs.

10 Biggest Companies Reporting Earnings in the Third Week of Jan 2023

Johnson Controls

Ralph Lauren

Sysco

Vici Properties

We only want stocks if they're reasonably valued because this market has very little patience for anything expensive,” he said.

Jim Cramer likes these 5 'reasonably' valued stocks in the S&P 500

Barclays

Credit Suisse

Deutsche Bank

HSBC Holdings

Banks have begun to trim jobs globally, hit by cost pressures as a result of inflation and shrinking revenues in many core business lines amid volatile markets that are making bank bosses nervous about profitability through the year.

Factbox: Global banks cut jobs as cost pressures mount

Rising prices and higher borrowing costs have led consumers and businesses to curb spending, and since banks serve as economic middlemen, their profits decline when activity slows.

US banks get ready for shrinking profits and recession

The departure of long-time Morgan Stanley executive Jonathan M. Pruzan is narrowing the field of potential future chief executive officers at the marquee investment bank, an analyst said Tuesday.

Morgan Stanley exec departure sparks more CEO succession talk

Morgan Stanley Chief Operating Officer Jonathan Pruzan is retiring Jan. 31, the bank said in a regulatory filing.

Morgan Stanley COO to Exit Bank

Morgan Stanley MS, +0.09% on Monday said that Chief Operating Officer Jonathan Pruzan would retire from his position on Jan. 31. Chief Executive James Gorman said that Pruzan, once seen as a candidate for the top spot himself, was leaving to pursue other interests, according to Bloomberg.

Morgan Stanley COO to retire at month's end

Morgan Stanley Chief Operating Officer Jon Pruzan will retire from the bank at the end of the month, according to a memo seen by Reuters.

Morgan Stanley COO Jon Pruzan to retire

UBS Group AG

Analysts appear to be mildly optimistic overall about the new year.

Will the Stock Market Recover in 2023? Here's What Wall Street Thinks.

J.P.Morgan Chase & Co., Wells Fargo Co., Citigroup Inc. and Bank of America Corp. will kick off fourth-quarter bank earnings reporting season next Friday as the banks face a choppy economic environment.

Banks gain favor in risk-off environment but earnings uncertainty remains

Boeing

CVS Health

Are these the best blue chip stocks to buy in the stock market right now?

Best Blue Chip Stocks To Buy Right Now? 3 In Focus

Bank stocks struggled in 2022, but this bank's business model is still performing well.

Why This Could Be a Great Bank Stock to Buy in 2023

Two Morgan Stanley equity syndicate bankers, Pawan Passi and Charles Leisure, are no longer listed as registered brokers at the Wall Street firm, according to industry regulator FINRA's website.

Two equity bankers lose their Morgan Stanley broker licenses -regulator

News for Morgan Stanley Stock (MS)