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

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Wells Fargo

Earnings season is upon us, and this quarter will see more or less the full impact of the COVID-19 pandemic.

6 Big Banks Under Book Value Heading Into Earnings

Bank of New York Mellon

State Street

Truist Financial

U.S. Bancorp

Going into the most important earnings season in recent history, bank valuations are at 30-year low, weighed down by uncertainty about future earnings and dividends.

Q2 Bank Earnings Likely To Beat Consensus, But Still Cautious

Blackrock Inc

A new earnings reporting season kicks off this week, with the big banks leading the way.

Citigroup, Goldman Sachs, JPMorgan, Wells Fargo and More Big Banks Reporting This Week

Trading and underwriting revenue could provide some comfort for big Wall Street banks that begin reporting results next week, although second-quarter profits likely plunged because of the coronavirus pandemic's impact on lending.

Trading, underwriting soften profit plunge for some U.S. banks

Even for the biggest of the big, interest rates are the smallest of the small.

Why Big Bank Stocks Plunged 30% in the First Half of 2020

M&T Bank

Raymond James

The S&P 500 has an average price-earnings ratio of 22.4 and an average yield of just 1.9% as of the most recent close.

3 Stocks With Market-Beating Valuations and Yields

It's going to be a bumpy ride, but banks are prepared for the shocks.

3 Reasons Why the Outlook for Banks Is Better Than You Think

PNC Financial Services

When the Federal Reserve last week published the results of its latest stress tests on 34 U.S.

7 Bank Stock Dividends That Still Look Safe Heading Into 2021

Though M&As have taken a hit in the second quarter amid the coronavirus outbreak-related economic slowdown, improving underwriting activities are likely to aid top-line growth of investment banks.

Investment Banking to Aid Banks in Q2 Amid Coronavirus-Led Turmoil

Shares of Morgan Stanley (NYSE: MS) traded higher Tuesday as the S&P 500 closes out its best quarter since 1998 despite rising concerns over a second wave of COVID-19 infections.

Morgan Stanley Option Traders Bet Millions On 25% Long-Term Downside

Some are still undecided about whether to hold their payouts steady or cut them next quarter.

Which Major Banks Will Maintain Their Dividends?

Supported by a strong liquidity position, Morgan Stanley (MS) seems well-poised to be able to maintain its current dividend payment in the near term even if the economic situation worsens.

Morgan Stanley to Maintain Dividend Amid Coronavirus Woes

A Contrarian View: Buy The (Large) U.S. Banks

Wells Fargo on Monday said it is expected to reduce its dividends by an unspecified amount after an annual stress test of the health of the banking sector by the Federal Reserve, representing the only one of the top banks so far to have to cut shareholder distributions after the examination of the financial wherewithal of the nation's largest financial firms.

Wells Fargo to cut dividends while BofA, Citi, JPMorgan, Goldman seen holding shareholder payouts steady after stress tests

Nearly all of the largest U.S. banks said Monday that they performed well enough on the Federal Reserve’s most-recent stress test to maintain their current quarterly dividend.

Bank of America, Citi and Goldman keep dividends the same post-stress tests, Wells Fargo to cut

NEW YORK--(BUSINESS WIRE)--On June 25, 2020, the Board of Governors of the Federal Reserve System released its CCAR 2020 results and notified Morgan Stanley (NYSE: MS) that it will be subject to a Stress Capital Buffer (SCB) of 5.9% from October 1, 2020 to September 30, 2021. Together with other features of the regulatory capital framework, this SCB results in an aggregate U.S. Basel III Standardized Approach Common Equity Tier 1 (CET1) ratio of 13.4%. The Firm’s U.S. Basel III Standardized App

Morgan Stanley Announces June 2020 CCAR Results

NEW YORK--(BUSINESS WIRE)--Morgan Stanley (NYSE: MS) is pleased to announce $10 million in grants to support the National Urban League (NUL) and expand a number of critical initiatives in communities where the Urban League operates. The funds will support the following initiatives: Infrastructure support for NUL’s Urban Empowerment Fund, credit union and NUL’s financial literacy and homeowner counseling programs. NULs Workforce Development Program with an emphasis on technology programs that he

Morgan Stanley Announces $10 Million to Support National Urban League Collaboration

Technology Select Sector SPDR Fund

After a rough week for the market, the financial sector is looking particularly weak. A look at the sector performance in 2007-2008 may help one assess what the recent action means for the stock market in the months ahead.

Will Bank Stocks Lead The Market Lower?

The easing of regulations will free up more capital and allow banks to invest in venture capital and other funds.

Federal Regulators Just Relaxed the Volcker Rule. Here's Why it's Good For Banks

Stock Market Today: Banks Burned as Stocks Break Sharply Lower

Shares of U.S. banks dropped on Friday, with Wells Fargo's stock falling more than 6% and Goldman Sachs Group Inc down 7%, after the Federal Reserve capped dividend payments and barred share buybacks until at least the fourth quarter after its annual stress test.

U.S. bank shares drop as Fed sets limits following stress tests

The Federal Reserve Bank published the results of its 2020 stress tests on the nation’s largest banks after markets closed on Thursday.

Federal Reserve Restricts Big Bank Buybacks and Dividends, Wants More Testing

Regulators have made clear that the US banking system is in much better shape than it was during the 2008 financial crisis, and should have enough money on hand to keep lending to customers in support of the economic recovery.

The Fed put new restrictions on US banks. Some want it to go further

NIKE

A conversation on the latest market-moving news.

Stock market live updates: Futures flat, losing week, bank stocks lower, Nike falling

Shares of large banks required to undergo the Federal Reserve's stress tests took a hit in premarket trading Friday, after the Fed voted to require the suspension of stock buybacks and to cap dividends, given the uncertain outlook resulting from the COVID-19 pandemic.

News for Morgan Stanley Stock (MS)