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

The stock was trading near a record high ahead of the release.

Morgan Stanley Earnings Expected to Ride Investment Banking Wave

Bank of America

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Wells Fargo

What JPMorgan, Bank of America, Citi and Wells Fargo told us about consumers' finances.

Three Big Takeaways From Bank Earnings

Shares of major US banks have shown resilience after reporting their third-quarter financial results, and this momentum may continue through the end of the year and into 2025, according to Anton Schutz, President and Chief Investment Officer of Mendon Capital Advisors.

Big banks have reported Q3 earnings: what's next for their stock prices?

Morgan Stanley is scheduled to report 3rd quarter, 2024, financial results on Wednesday morning, October 16th, before the opening bell. Analyst consensus Wednesday morning is expecting $14.4 bl in net revenue to generate $1.58 in EPS for y-o-y growth of 9% and 14%. Full-year '24 expectations are for EPS to grow 24% on 9% revenue growth.

Morgan Stanley Earnings Preview: Forward Estimate Revisions Steadily Positive

Evaluate the expected performance of Morgan Stanley (MS) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Countdown to Morgan Stanley (MS) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS

Morgan Stanley's diversified revenue streams and innovative ecosystem have led to a 34% stock return since July 2023, outperforming the S&P 500. Strong 2Q24 earnings with a 50% increase in diluted EPS and 50% revenue growth in Institutional Securities highlight the company's robust financial health. Wealth Management continues to grow, with client assets reaching $7.2 trillion and a 5% annualized growth in net new assets year-to-date.

Morgan Stanley: Dividends And Deals You Can Bank On

U.S. consumers remain resilient with solid spending in the third quarter, two of the country's biggest lenders said on Friday, although there are signs higher inflation has stretched some Americans on lower incomes.

Big US banks say consumers are still strong, despite economy fears

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.

Morgan Stanley (MS) Reports Next Week: Wall Street Expects Earnings Growth

In the latest trading session, Morgan Stanley (MS) closed at $109.04, marking a +1.44% move from the previous day.

Morgan Stanley (MS) Beats Stock Market Upswing: What Investors Need to Know

Improvement in trading and IB business performance is likely to have aided MS' Q3 earnings, while subdued NII is expected to have hurt.

Solid Trading & IB Performance to Aid Morgan Stanley's Q3 Earnings

U.S. banks are expected to see lower earnings in their third-quarter financial reports due to the ongoing impact of higher deposit costs.

What to Expect from Q3 Bank Earnings Starting This Week

Earnings season is set to kick into high gear at the end of the week, and amongst the swath of companies set to release their quarterly results are several major financial firms.

3 Banking Giants Set to Kick Off Earnings Season

In this article, we will take a look into Morgan Stanley's (MS, Financial) DCF analysis, a reliable and data-driven approach to estimating its intrinsic value. Instead of using future free cash flow as in the traditional DCF model, the GuruFocus DCF calculator uses EPS without NRI as the default for the DCF model based on research that shows that historically stock prices have been more correlated with earnings than free cash flow.

Invest with Confidence: Intrinsic Value Unveiled of Morgan Stanley

Bank of New York Mellon

Blackrock Inc

Next week, Q3 '24 earnings start and the majority of the interest on the part of investors will be Friday, October 11th's financial services earnings. For the sector as a whole, financial services is presently looking for just +1.8% EPS growth in Q3 '24. Surprising to me was that the financial sector was expecting just +4.8% EPS growth in Q1 '24, and the actual was more than double that amount at +13.1%.

S&P 500 Earnings: Financials Face A Tough Compare With Q3 2023

CVS Health

Diamondback Energy

M&T Bank

Williams

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

This Morgan Stanley Analyst Turns Bullish; Here Are Top 5 Upgrades For Friday

Morgan Stanley (MS) concluded the recent trading session at $104.57, signifying a +0.05% move from its prior day's close.

Morgan Stanley (MS) Ascends While Market Falls: Some Facts to Note

HSBC Holdings

Microsoft

Banco Santander

UBS Group AG

OpenAI said on Thursday it has established a new $4 billion credit facility with JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley, Santander, Wells Fargo, SMBC, UBS, and HSBC, in addition to the $6.6 billion investment the AI startup unveiled on Wednesday.

OpenAI establishes $4 bln credit facility

On top of OpenAI's long-awaited funding round that closed yesterday, the company has also put a $4 billion revolving credit line in place — bringing its total liquidity to more than $10 billion. JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley, Santander, Wells Fargo, SMBC, UBS, and HSBC all participated.

OpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidity

AbbVie

Caterpillar

Citizens Financial Group

Cigna

Deere & Company

Discover

Fastenal

Fifth Third Bancorp

Interpublic Group of Companies

KeyCorp

Lamb Weston Hlds

Omnicom Group

Otis Worldwide

PNC Financial Services

Regions Financial

Ralph Lauren

Charles Schwab

Simon Property Group

Steel Dynamics

Entering October is the strongest period of the year for three-month returns, and shorter-term returns are also some of the best. Here we take a look at 30 dividend stocks in the S&P 500 that have been the best Q4 performers over the last ten years. 2024 has been a strong year already for high-yielding stocks, and now they have Q4 seasonality as another tailwind.

Dividend Stocks With Strong Q4 Seasonality

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Morgan Stanley (MS) have what it takes?

Morgan Stanley (MS) Could Be a Great Choice

Alerian MLP ETF

Brookfield Infrastructure Partners L.P.

VanEck Vectors BDC Income ETF

Blackstone Group

Blackstone Secured Lending Fund

Delek US Hlds

Delek Logistics Partners

Morgan Stanley Direct Lending Fund

Schwab US Dividend Equity ETF

Vanguard Real Estate ETF

Energy Select Sector SPDR Fund

Utilities Select Sector SPDR Fund

The high-yield space has undergone a sharp bifurcation recently. We discuss what this bifurcation is and what is driving it. We discuss two quality and growing 10%-yields that are way too cheap right now.

Buy The Dip: 10% Yields Getting Way Too Cheap

In the most recent trading session, Morgan Stanley (MS) closed at $104.12, indicating a -0.46% shift from the previous trading day.

Morgan Stanley (MS) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Morgan Stanley's middle-market buyout arm is exploring a sale of Sila Services that could value the residential services company at about $1.5 billion, including debt, people familiar with the matter said on Friday.

Morgan Stanley's private equity arm explores sale of HVAC firm Sila, sources say

News for Morgan Stanley Stock (MS)