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

Barclays

Citigroup

China Mobile Limited

Global X Copper Miners ETF

Empire State Realty Trust

Goldman Sachs

Lundin Mining Corporation

AT&T

The traditional 60/40 portfolio is challenged. Inflation risks could manifest.

Income Strategy For 2021: Six Stocks To Add, One REIT To Avoid

Analysts at Barclays said a recent bank stock rally could have legs, driven both by a rebound in EPS and continued tangible book value growth, as well as multiple expansion. Lower loan loss provisions should be the bigger driver in earnings, even as uncertainties over rising COVID-19 cases and heightened restrictions present risks.

Barclays says bank stock rally can continue as it ups Goldman and Morgan Stanley

Is (MS) Outperforming Other Finance Stocks This Year?

Is Morgan Stanley (MS) Outperforming Other Finance Stocks This Year?

Given its solid prospects and fundamentals, Eaton Vance (EV) stock is an attractive investment option at the moment.

Here's Why Eaton Vance (EV) Stock is Worth Betting on Now

BOSTON, Dec. 30, 2020 /PRNewswire/ -- The following notice relates to the combined Annual Meeting of Shareholders of Eaton Vance High Income 2021 Target Term Trust and Eaton Vance National Municipal Opportunities Trust: Notice That Annual Meeting Of Shareholders Will Be A Telephonic...

Certain Eaton Vance Closed-End Funds Announce Telephonic Annual Meeting Of Shareholders On January 14, 2021

JPMorgan Chase & Co

Wells Fargo

Businesses scrambled to raise money in 2020 as the COVID-19 pandemic forced companies to shore up weak balance sheets and raise capital. Apart from that, 2020 was the second-best year for IPOs after 2007, raising $300 billion globally.

Top Five US Banks Generate Record $37 Billion Investment Bank Revenues In 2020: FT

Eaton Vance (EV) reported earnings 30 days ago. What's next for the stock?

Why Is Eaton Vance (EV) Down 1.2% Since Last Earnings Report?

The U.S. Congress on Monday was scrambling to pass a $900 billion pandemic aid package, following seven months of partisan bickering.

Factbox-Where U.S. banks won and lost in the new pandemic relief package

Bank stocks have reason to pop the champagne before New Year's Eve.

Banks Can Buy Back Stocks Again. Wall Street Is Cheering.

BOSTON, Dec. 21, 2020 /PRNewswire/ -- As previously announced on October 8, 2020, Morgan Stanley (NYSE: MS) and Eaton Vance Corp. ("Eaton Vance") (NYSE: EV) entered into a definitive agreement under which Morgan Stanley will acquire Eaton Vance (the "Transaction"). The acquisition is...

Eaton Vance Floating-Rate Income Plus Fund Announces Board Approval of New Investment Advisory Agreement

US bank stocks rallied on Monday after the Federal Reserve announced it would allow firms to restart multibillion-dollar stock repurchase programs in 2021. The central bank said Friday afternoon that banks can resume stock buybacks at limited capacities. The new rules stipulate the sum of a bank's dividend payments and buybacks in the first quarter can't exceed the average quarterly earnings from the four most recent quarters.

US bank stocks surge after Fed clears way for up to $11 billion of buybacks

Bank stocks rallied sharply Monday after the Federal Reserve gave financial institutions the greenlight to buy back shares.

Banks receive Fed approval to buy back stock

Find out what about these companies is making investors happy.

Markets Are Falling Monday -- But These 5 Stocks Are Looking Up

Bank stocks traded higher on a brutal morning on Wall Street on Monday after the Federal Reserve said banks can resume their share buybacks in the first quarter of 2021. What Happened?

Bank Stocks Rise On Buyback Optimism

These two top investment banks are showing new energy as they enter 2021.

2 Financial Stocks I'd Buy Right Now

The Federal Reserve has given the go-ahead for banks to resume limited dividend and share repurchase programs.

Bank Stocks in Rally Mode After Fed Directive

Bank of New York Mellon

State Street

The results of the second round of stress test, following which the Fed eased restrictions on capital deployment by banks, highlight capital adequacy of the banking sector.

Fed Unveils 2nd Stress Test Results, Eases Capital Distribution Limits

American Express

Capital One

Discover

SPDR S&P Bank ETF

SPDR S&P Regional Banking ETF

Synchrony Financial

U.S. Bancorp

Financial Select Sector SPDR Fund

Bank stocks declined a lot during the spring sell-off and have underperformed the market this year. Worries about high credit losses seem overblown.

These Bank Stocks Rally Following Great News From The Fed

Bank stocks are showing green in sea of red in premarket trading Monday, after the Federal Reserve said late Friday it will allow big banks to start buying back stock again, restrictions which were put in place in June amid concerns over the impact of the COVID-19 pandemic. The Fed said the latest stress tests confirmed that the big banks were in good financial health despite the recession.

Banks stocks rally to buck broader market selloff after Fed to allow share buybacks again

Invesco KBW Bank ETF

The Fed is allowing buybacks to resume. This is a bullish signal for the large U.S. banks.

The December CCAR Is Hugely Bullish For The Banks

NEW YORK--(BUSINESS WIRE)--On December 18, 2020, the Board of Governors of the Federal Reserve System (FRB) notified Morgan Stanley (NYSE: MS) that it would be permitted to resume repurchases of common stock in the first quarter of 2021, consistent with the FRB's recently announced distribution limitations. The Firm's Board of Directors authorized the repurchases of outstanding common stock of up to $10 billion in 2021 in recognition of our significant capital buffer. James P. Gorman, Chairman

Morgan Stanley Announces Anticipated Resumption of Its Common Stock Repurchase Plan

The Federal Reserve released its second round of stress testing on large U.S. banks and determined that banks are collectively well capitalized through some pretty harsh economic scenarios.

Big Banks Cleared to Conduct Stock Buybacks in 2021, With Limits

The Fed announced that it will allow the nation's largest banks to resume share buybacks — with certain rules.

Fed to allow big banks to resume share buybacks, with limitations

The largest U.S. banks have enough capital to withstand over $600 billion in losses from a short sharp economic slump, as well as a moderate longer-lasting downturn, and will be permitted to pay out dividends and buy back stock on a limited basis, the U.S. Federal Reserve said.

Fed sees 'strong capital levels' at banks after stress tests, greenlights share buybacks

The Federal Reserve on Friday said it was removing restrictions on buybacks for the largest banks as long as they reported net income over the past year.

News for Morgan Stanley Stock (MS)