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

As interest rates fall, growing loans is getting more important, but also trickier.

Banks Can't Count on Loans For Growth

Pawan Passi, a former Morgan Stanley supervisor for block trades, entered into a deferred prosecution agreement in New York court for his conduct.

Morgan Stanley will pay $249 million to settle criminal, SEC block trade probes

Morgan Stanley's pitch to sellers looking to unload big blocks of stock was that their block-trading unit was the best at preventing leaks that could drive share prices down.

Morgan Stanley hit with criminal charges and $249 million fine for alleged block-trading fraud

DocuSign

Hertz

Here's our daily look at three charts connected to recent news-driven price moves, with important technical levels to watch.

3 Charts For Investors to Watch Friday: DocuSign, Hertz Global, Morgan Stanley

Morgan Stanley has agreed to pay $249.4 million for making false statements in connection with the bank's block trading practices, U.S. authorities said on Friday, resolving a years-long government probe.

Morgan Stanley to pay $249 mln to settle block trading probe

The settlement ends a long-running investigation of how the Wall Street firm sold large tranches of stock for sophisticated clients.

Morgan Stanley Agrees to Pay $249 Million to Settle Block-Trading Probes

Every three months, like clockwork, the earnings roll in. And every three months, the big banks usher in the “official” start of earnings season.

Bank Earnings to Offer Insight Into Digital Pivots and Loan Charge-Offs

Morgan Stanley is close to an agreement to pay $200 million to $300 million to settle a U.S. investigation into its employees' handling of big stock sales, Bloomberg News reported on Thursday.

Morgan Stanley to pay under $300 mln to settle block trading probe - Bloomberg News

iShares U.S. Broker-Dealers & Securities Exchanges ETF

iShares U.S. Financials ETF

iShares US Financial Services ETF

Invesco KBW Bank ETF

Vanguard Financials ETF

Chances of a broad-based earnings beat are low-to-moderate as several stocks are experiencing a negative ESP.

How Will Bank ETFs Perform in Light of Q4 Earnings?

Evaluate the expected performance of Morgan Stanley (MS) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Morgan Stanley (MS) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Four banks broke out ahead of Q4 results. BAC, top bank ETF near buy points.

Banks Near Buy Points Ahead Of Q4 Launch; Wells Fargo Runs Against The Grain

Morgan Stanley (MS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Morgan Stanley (MS) Q4 Earnings Expected to Decline

Banks kick off the US fourth-quarter earnings season this week, with JPMorgan Chase & Co (NYSE:JPM), Citigroup Inc (NYSE:C), Wells Fargo & Company (NYSE:WFC) and Bank of America Corp (NYSE:BAC) reporting on Friday. After strong 3Q earnings, bolstered by a confluence of factors including higher interest rates and resilient performance in key business segments, the focus will turn towards the likes of any increase in consumer impairments, shareholder returns, the progress of dealmaking activity and the outlook for the coming quarters, according to Richard Hunter, head of markets at interactive investor.

Big US banks expected to turn in higher revenue, mixed earnings as 4Q reporting season kicks off

Enterprise Products Partners

Equity Residential

Exelon

Pfizer

Verizon

The company operates in two segments: Verizon Consumer Group Verizon Business Group The consumer segment provides Wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements Fixed wireless access (FWA) broadband through its wireless networks.

6 Value Stocks With Massive Dividend Growth Potential

Morgan Stanley's (MS) fourth-quarter earnings are expected to have been negatively impacted by a muted IB business performance.

Weak Loan Growth, IB to Hurt Morgan Stanley's (MS) Q4 Earnings

U.S. banking giants are expected this week to report lower profits for the fourth quarter after they set money aside to cover souring loans while also paying more to depositors.

US banks' profits to shrink as they brace for souring loans

BEIJING , Jan. 8, 2024 /PRNewswire/ -- On January 5, 2024 , Bairong Inc. ("Bairong" or the "Company"; HKEX: 6608) participated in the Morgan Stanley China New Economy Summit. Mr. Felix Zhang, the founder and CEO of the company, presented at the AI panel.

Bairong Inc. Founder & CEO Presents at the Morgan Stanley China New Economy Summit

Morgan Stanley (MS) closed the most recent trading day at $93.51, moving +0.29% from the previous trading session.

Morgan Stanley (MS) Increases Yet Falls Behind Market: What Investors Need to Know

U.S. banks are expected to dominate corporate bond issuance following several major players' earnings on Friday and early next week, according to bond investors and analysts.

Big US banks to headline corporate bond calendar after earnings

U.S. regional banks have a tougher road to growing profits in 2024 as they face pressure to pay more to depositors versus larger peers while demand from borrowers stays subdued.

US regional bank profits to be squeezed by pressure to pay for deposits

The specter of an increase in bad debt hangs over America's largest lenders. Banks such as JPMorgan Chase and Wells Fargo will release their earnings in the coming days, and as the Financial Times (FT) reported Monday (Jan. 8), those earnings will likely include a rise in non-performing loans.

Jump in Bad Loans Threatens Big Banks' Earnings

It has now been more than 15 years since the white heat of the global financial crisis, when Lehman Brothers, Bear Stearns, and the Royal Bank of Scotland (among others) failed. At the time, big banks deserved the tidal wave of opprobrium that came their way, and they duly accepted huge increases in capital requirements, dividend bans, and other controls on distributions and pay.

U.S. banks are gaining in Europe and their stocks are beating European and U.K. rivals

Huntington Bancshares

JPMorgan Chase & Co., Bank of America Corp., Wells Fargo & Co. and Citigroup Inc. kick off earnings this coming Friday as Wall Street's largest banks wrap up a tough year with their fourth-quarter results.

JPMorgan, Bank of America lead earnings parade of U.S. largest banks to cap off tough year

Apollo Global Management

American Express

Blackstone Group

First Citizens BancShares

FTAI Aviation Ltd

Gabelli Financial Services Opportunities ETF

Interactive Brokers

Blue Owl Capital

SPDR S&P 500 ETF Trust

W. R. Berkley

Financial Select Sector SPDR Fund

The Gabelli Financial Services Opportunities Fund is an exchange-traded fund that is actively managed. This fund is less than two years old but has performed very well.

Actively managed ETFs are growing in popularity. Here's what you want one to look like.

Dick's Sporting Goods

Eagle Point Credit

Blue Owl Capital Corp

Rexford Industrial Realty

The article discusses our top 5 dividend picks for 2024. I will go over last year's top picks. And provide insights into how I picked the top 5 dividend stocks for 2024.

News for Morgan Stanley Stock (MS)