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

Morgan Stanley MS, +2.48% was downgraded to sector perform from outperform at RBC Capital Markets. "Its performance over the last 18 months has been very strong due to better than expected core results (driven by the current bull market) and the successful acquisitions of E*TRADE and Eaton Vance.

Morgan Stanley lowered to sector perform at RBC

Bank of America

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Wells Fargo

Some big U.S. banks are buying more U.S. government securities as yields start to rise and the Federal Reserve appears ready to taper its bond-buying program - a balance sheet shift that analysts say could boost bank earnings by several percentage points depending on how they play their hands.

As yields rise, some U.S. banks shift cash to Treasuries

US stocks closed sharply higher bolstered by better-than-expected earnings and economic data that helped ease investor concerns about inflationary pressures and a slowdown in growth. The Dow Jones Industrial Average rose 534.75 points or 1.6% to close at 34,912.56, while the technology-heavy Nasdaq Composite climbed 1.7%.

Wall Street closes sharply higher after strong US bank earnings

Delta Air Lines

Morgan Stanley analyst Ravi Shanker lowered Delta Air Lines, Inc (NYSE:DAL) price target to $62 (implying an upside of 50%) from $67 and maintained an Overweight rating on the shares after the company's Q3 results came in better than expected. The stock was impacted by fuel and cost headwind commentary about Q4.

Morgan Stanley, Cowen Maintain Ratings On This Airline After Q3 Results

Avis Budget Group

Shares of Avis Budget Group Inc. CAR, -2.52% dropped 2.5% in afternoon trading Thursday, after Morgan Stanley analyst Billy Kovanis recommended investors sell, saying it's too early for investors to be betting on the "mega-fleet bull case." The stock has now lost 4.8% since it closed at a record $153.39 on Tuesday, but has still more than doubled (up 103.6%) over the past three months and rocketed 291.6% year to date, while the S&P 500 SPX, +1.70% has advanced just 18.1% this year.

Avis stock falls after Morgan Stanley recommends selling, saying it's too early for the 'mega-fleet bull case'

NEW YORK, Oct. 14, 2021 /PRNewswire/ -- TruFund Financial Services, Inc. ("TruFund"), a Community Development Financial Institution located in New York City today announced that it has made an equity investment in Lemor Development Group, LLC, a Black-owned real estate development firm headquartered in New York, NY that specializes in the development and management of affordable and workforce housing. The preferred equity investment will support critical aspects of Lemor's strategic growth plan, specifically allowing the firm to leverage increased liquidity, fund affordable/workforce housing project development, and grow internal capacity.

Lemor Development Group Receives Equity Investment from TruFund's Impact Developers Fund to Accelerate Growth

Morgan Stanley (MS) records a rise in revenues and higher expenses in the third quarter of 2021.

Morgan Stanley (MS) Stock Gains on Q3 Earnings Beat, Costs Up

On Thursday, Morgan Stanley (NYSE:MS) shares edged higher more than 2% after announcing its most recent quarterly results. The company reported its fiscal Q3 revenue and earnings before markets opened, beating analyst expectations.

Is Morgan Stanley stock a buy as shares rise after solid Q3 results?

James Gorman spoke on an earnings call after the bank reported its best-ever third quarter on the back of a sharp rise in deal-making.

Morgan Stanley CEO James Gorman: ‘I don't think crypto's a fad'

Four of the largest U.S. banks said their profits grew by double-digits last quarter, as a healthier U.S. economy has allowed banks to have fewer bad loans and charge-offs.

Top US banks report double-digit profit growth last quarter

Morgan Stanley (MS) CEO James Gorman Q3 2021 Results - Earnings Call Transcript

Bed Bath & Beyond

Wayfair

Morgan Stanley downgraded both Bed Bath & Beyond Inc. and Wayfair Inc. to underweight from equal-weight, following an examination of personal consumption expenditures [PCE] and how consumer spending will shift as the COVID-19 recovery continues.

The Ratings Game: Morgan Stanley grows bearish on home furnishing retailers during COVID-19 recovery, downgrades Bed Bath & Beyond & Wayfair

Several of America's largest financial firms reported strong earnings and revenue Thursday thanks to solid demand for loans, better credit quality and a boom in mergers and initial public offerings.

Stocks soar as many of America's biggest banks are booming

Morgan Stanley (NYSE: MS) shares are up 2.5% on Thursday morning as the investment bank said its financial performance was better than expected in the third quarter. Sarat Sethi's remarks on CNBC's ‘Squawk Box' On CNBC's “Squawk Box”, DCLA's Sarat Sethi, who also owns the stock, lauded Morgan Stanley for its strong quarterly performance and […] The post Pro dubs Morgan Stanley the ‘blue chip' as Q3 results beat estimates appeared first on Invezz.

Pro dubs Morgan Stanley the ‘blue chip' as Q3 results beat estimates

The four largest U.S. consumer banks posted another strong quarter this week as the rebounding economy allowed them to release more cash they had set aside for pandemic losses, while sizzling deals, equity financing and trading activity also boosted their bottom lines.

U.S. banks beat profit estimates on economic rebound, red-hot markets

Morgan Stanley, Wells Fargo, Citigroup and Bank of America all posted stronger-than-expected earnings on Thursday, with the financial sector continuing to benefit from increased economic activity as the impact from the COVID 19 pandemic started to recede.

Wall Street rewards Morgan Stanley and Bank of America for earnings but Wells Fargo and Citi stocks dip

Morgan Stanley (MS) delivered earnings and revenue surprises of 20.00% and 6.51%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Morgan Stanley (MS) Surpasses Q3 Earnings and Revenue Estimates

Morgan Stanley said robust dealmaking and wealth management revenues pushed quarterly profits 36 percent higher from a year earlier, beating analysts' expectations. The Wall Street behemoth on Thursday reported a profit of $3.71 billion, or $1.98 a share, on revenue of $14.75 billion.

Morgan Stanley profits surge as dealmaking pushes revenue higher

Bank stocks are on the move Thursday following the release of earnings reports from various companies and we've got the details. The post Bank Stocks: Why BAC, WFC and MS Investors Are Smiling Today appeared first on InvestorPlace.

Bank Stocks: Why BAC, WFC and MS Investors Are Smiling Today

The bank's provision for credit losses on loans and lending commitments fell to $24 million in the third quarter, from $111 million last year.

Morgan Stanley beats 3rd-quarter earnings estimates as surge in investment banking eclipses wealth management growth

Morgan Stanley MS, +0.81% on Thursday said its third-quarter net income rose to $3.7 billion or $1.98 a share, from $2.7 billion, or $1.66 a share, in the year-ago period. Revenue increased to $14.8 billion from $11.7 billion a year ago.

Morgan Stanley fattens profit by $1 billion as investment banking revenue jumps

(Reuters) -Morgan Stanley posted a bigger third-quarter profit than expected on Thursday, bolstered by gains from record levels of dealmaking.

Morgan Stanley beats profit estimates on dealmaking surge

NEW YORK--(BUSINESS WIRE)--Morgan Stanley (NYSE: MS) today reported net revenues of $14.8 billion for the third quarter ended September 30, 2021 compared with $11.7 billion a year ago. Net income applicable to Morgan Stanley was $3.7 billion, or $1.98 per diluted share,1 compared with net income of $2.7 billion, or $1.66 per diluted share,1 for the same period a year ago. The comparisons of current year results to prior periods were impacted by the acquisitions of E*TRADE Financial Corporation

Morgan Stanley Third Quarter 2021 Earnings Results

Morgan Stanley is well positioned for the moment.

Morgan Stanley is set to report third-quarter earnings – here's what the Street expects

For the 26 S&P 500 members that have reported Q3 results through Wednesday, October 13th, total earnings and revenues are up +32.6% and +17.6%, respectively.

News for Morgan Stanley Stock (MS)