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

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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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.

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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) Management Presents at Annual Morgan Stanley European Financials Conference (Transcript)

Blackrock Inc

Willis Towers Watson PLC

Is there anything more intriguing than investing in a stock Warren Buffett has kept secret from the world?

Warren Buffett Has a Secret Stock He's Hiding – Here's 3 Stocks That Could Be It

Morgan Stanley (MS) lays off 9% of its staff at its asset management business unit in China as the nation witnesses a long-running stock market collapse.

Morgan Stanley (MS) Axes China Unit Staff Amid Market Failure

Bank of America

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Wells Fargo

The U.S. banking sector saw its profits drop by nearly half in the last quarter of 2024, as large firms began paying hefty fees to help recoup costs incurred by several bank failures last spring, the Federal Deposit Insurance Corporation reported Thursday.

U.S. bank profits drop 44% in Q4 as big firms cover failed bank costs

Costco

Lam Research

LyondellBasell Industries

Reversion to the mean is observed in various aspects of life, including the Sahara desert, population cycles, and of course the stock market. The semiconductor industry experiences boom-bust cycles due to overproduction and pricing pressure. The article highlights 3 overvalued sells, and 2 great replacement dividend buys.

Sell Alert: 3 Overvalued Dividend Stocks And 2 Replacement Buys

AbbVie

Enterprise Products Partners

Genuine Parts

Johnson & Johnson

Coca-Cola

Procter & Gamble

Investors can effectively unlock financial freedom with dividend stocks to buy for a passive income stream. The key to invest in dividend stocks, promising a consistent and growing payout while offering steady capital gains.

The Top 7 Dividend Stocks to Buy in March 2024

Morgan Stanley has laid off about 9% of its staff at its asset management business unit in China, two people with direct knowledge of the matter said, as the country's spiralling stock market dampens prospects for its $3.8 trillion fund sector.

Morgan Stanley cuts 9% China fund unit staff amid market rout, sources say

Morgan Stanley (MS) offers its wealth management clients the chance to trade the shares of private companies before they are made public.

Morgan Stanley (MS) Wealth Offers Share Trading of Private Firms

Major European banks have been cutting their lending to commercial property and have half the exposure of their U.S. peers, making U.S. lenders more vulnerable as office prices plunge further, Morgan Stanley said on Tuesday.

US banks far more exposed than Europeans to property crunch, says Morgan Stanley

TC Energy

BlackRock (BLK) and Morgan Stanley (MS) shares advanced Monday as Canada's TC Energy (TRP) said it would sell its Portland Natural Gas Transmission System (PNGTS) to them for $1.14 billion.

BlackRock and Morgan Stanley Buy TC Energy's Portland Pipeline Business for $1.14 Billion

Morgan Stanley (MS) establishes an office in Abu Dhabi to expand its footprint in the Middle East. The move is in line with its efforts to gain business opportunities from the capital markets in the region.

Morgan Stanley (MS) Expands in UAE With Office in Abu Dhabi

Morgan Stanley's stock (NYSE: MS) has gained roughly 1% since the start of 2023, as compared to the 32% rise in the S&P500 over the same period. Further, the stock is currently trading at $86 per share, which is 10% below its fair value of $95 – Trefis' estimate for Morgan Stanley's valuation.

Trailing S&P500 By 31% Since The Start Of 2023, Will Morgan Stanley Stock Close The Gap?

Shares of investment giant Morgan Stanley (MS) have been struggling of late, pulling back to or just below the $84 floor since the start of 2024. Over the past 12 months, the equity has shed more than 10%, and while it did climb above $93 in late December and early January, the run higher seems to have been short-lived.

Bulls Should Buy This Battered Bank Stock

Morgan Stanley (MS) is exploring the addition of spot bitcoin ETF offerings to its customers on its large brokerage platform.

Morgan Stanley (MS) Mulling to Offer Spot Bitcoin ETFs

A surge in equity capital markets and debt market activity is boosting investment banking revenue growth at the big five Wall Street banks past analyst estimates for the first quarter, analysts at Jefferies said Thursday.

Wall Street's biggest banks are beating investment-banking revenue estimates

Morgan Stanley is opening an office in Abu Dhabi, adding to its regional presence and joining a string of other global investment banks that have set up offices in the United Arab Emirates (UAE) capital.

Morgan Stanley opens Abu Dhabi office, expanding Gulf presence

NEW YORK--(BUSINESS WIRE)--Dan Simkowitz, Co-President of Morgan Stanley, will speak at the Annual Morgan Stanley European Financials Conference which will be held in London, UK on Wednesday, March 13, 2024 at 11:00 a.m. GMT (7:00 a.m. ET). Both live and on-demand versions of the webcast will be available on www.morganstanley.com in the Investor Relations section. Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, weal.

Dan Simkowitz to Speak at the Annual Morgan Stanley European Financials Conference

In 2020, I wrote a bullish article on Morgan Stanley, arguing that it was a better way of playing that year's "IPO Frenzy" than buying overpriced offerings.

Morgan Stanley: IPO Mania Is Over, Grab 5.36% Yield Preferreds

JPMorgan BetaBuilders MSCI US REIT ETF

Principal Real Estate Active Opportunities ETF

CorEnergy Infrastructure Trust

Dimensional US Real Estate ETF

Dimensional Global Real Estate ETF

iShares Environmentally Aware Real Estate ETF

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

Goldman Sachs Future Real Estate And Infrastructure Equity ETF

Home Appreciation US REIT ETF

iShares Cohen & Steers REIT ETF

Pacer Benchmark Industrial Real Estate SCTR ETF

iShares U.S. Real Estate ETF

JPMorgan Realty Income ETF

Janus Henderson U.S. Real Estate ETF

Invesco KBW Premium Yield Equity REIT ETF

NETLease Corporate Real Estate ETF

Nuveen Short-Term REIT ETF

Realty Income Corp

Office Properties Income Trust

The REIT sector had a rough start to 2024 with a -5.72% total return in January. Large cap REITs (-4.79%) outperformed their smaller peers in January. Micro cap REITs (-8.39%) averaged the steepest declines. Only 9.55% of REIT securities had a positive total return in January.

The State Of REITs: February 2024 Edition

Aflac

Federal Agricultural

Warren Buffett stock picks continue to include a secret stock. Speculation was high that Buffett's mystery holding would be revealed when his company, Berkshire Hathaway's (NYSE: BRK.A /NYSE: BRK.B ) latest 13F regulatory filing was made public.

Warren Buffett's Secret Stock Pick? Our Top 3 Guesses

Morgan Stanley (MS) plans to cut hundreds of jobs in its wealth management unit amid uncertainty about the trajectory of interest rate cuts.

Morgan Stanley (MS) Seeks Job Cuts in Its Wealth Management Unit

WASHINGTON--(BUSINESS WIRE)--FINRA announced today that it has fined Morgan Stanley Smith Barney LLC $1.6 million for the firm's repeated failures to timely close out failed inter-dealer municipal securities transactions and to take prompt steps to obtain physical possession or control of municipal security positions that are short more than 30 calendar days, and related supervisory failures. This is the first disciplinary action in which FINRA has charged a firm with violating the close-out re.

FINRA Fines Morgan Stanley $1.6 Million for Municipal Securities Violations and Related Failures

Investment banking giant Morgan Stanley is planning to cut hundreds of jobs in its wealth management unit, according to a person familiar with the matter, the latest in a string of layoffs that Wall Street firms have undertaken since last year.

Morgan Stanley layoffs 2024: Wall Street giant is cutting hundreds of jobs

U.S. banks could lose up to $35 billion in revenues in 2025 under current proposals for new capital rules that could "relevel the playing field" for European lenders, a study showed on Thursday.

US banks face $35 bln hit from 'Basel Endgame', says Oliver Wyman

Morgan Stanley will lay off several hundred bankers in its wealth management division in a cost-saving measure implemented by the Wall Street firm.

Morgan Stanley to reportedly cut hundreds of jobs in wealth management division

News for Morgan Stanley Stock (MS)