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

Bank stocks continued to trade mixed after the Federal Reserve said it would leave interest rates unchanged, as expected. Bank of America Corp. BAC dipped fractionally after losing 0.3% shortly before the Fed's announcement.

Bank stocks mixed after Fed leaves rates unchanged, as Bank of America dips while Goldman Sachs rises

NEW YORK--(BUSINESS WIRE)--Graystone Consulting, a business of Morgan Stanley (NYSE: MS), today published its first annual institutional investor survey. The study explores how endowments and foundations are responding to the market environment, managing their portfolios, and positioning their approaches to governance, operations, and staffing. Key findings in the report include: Endowments & foundations have relatively muted expectations for their portfolios. Only one of five (19%) respond.

Endowment & Foundation Investors See Challenges Ahead, According to Graystone Consulting Study

Bristol-Myers

Altria

Monday's U.S. issuance of investment-grade corporate bonds was the highest since mid May, not counting the day after Labor Day.

Companies Are Racing to Tap the Bond Market. Why They Suddenly Want to Issue Debt.

Morgan Stanley is reportedly giving the three contenders floated as outgoing boss James Gorman's successor special bonuses worth a whopping $20 million each — including Ted Pick, who was officially named the next in line for CEO last week.

Morgan Stanley gives all three CEO contenders, including successor Ted Pick, $20M bonuses

Morgan Stanley MS, -2.34% is offering two tranches of bonds as the latest in a series of debt deals from big banks, according to a filing. Morgan Stanley plans to sell global medium-term notes, Series I.

Morgan Stanley files bond offering in latest bank to raise capital

Ford Motor Company

As many as 120 S&P 500 stocks have tumbled by over 20% since the end of July. Investors' fears about higher interest rates and a bond-market crash have fueled the sell-off.

Ford, Bank of America, and Morgan Stanley are among the 120 S&P 500 stocks that have plunged over 20% since the end of July

The CEO built the right bank for the years of low rates. How will his successor cope with the potential end of that era?

Morgan Stanley's James Gorman Picked a Good Time to Leave

Morgan Stanley gave its next CEO Ted Pick and the other two contenders for the top job one-time awards worth about $20 million each, the bank said in a filing on Friday.

Morgan Stanley gives next CEO Ted Pick and two top execs $20 mln awards

A Harvard grad, Pick is a lifer at the Wall Street investment bank, beginning his career there in 1990. Morgan Stanley has picked a new boss—pun intended.

5 things to know about Ted Pick, the new CEO of Morgan Stanley

Ted Pick, the financier named chief executive of the Wall Street giant on Thursday, is the “exact opposite” of outgoing CEO James Gorman, according to the insider.

Morgan Stanley's new potty-mouthed CEO also a ‘party animal': sources

Morgan Stanley (NYSE: MS) is trending up today after naming Ted Pick its new Chief Executive. Pick will take the helm on January 1st.

Incoming CEO Ted Pick shares his vision for Morgan Stanley

The company lifer will have to keep the wealth-management unit happy, while doing the same for investment banking and trading.

Ted Pick, Morgan Stanley's New CEO, Is a Math Whiz Among Math Whizzes

Morgan Stanley (NYSE: MS ) stock is in the news Thursday as the investment bank and financial services company announced Ted Pick as its next CEO. That will see Pick take over from James Gorman, who took the role in 2010.

MS Stock Alert: What to Know as Morgan Stanley Announces New CEO

Morgan Stanley's incoming chief executive Ted Pick, 54, faces multiple challenges including a tough act to follow James Gorman, in a closely-watched leadership change at one of the U.S.'s largest banks.

Morgan Stanley's new chief executive Ted Pick has ‘big shoes to fill' as he faces challenging markets: analyst

Morgan Stanley investors seem to like Ted Pick as the incoming CEO. Wall Street thinks the same.

Morgan Stanley Names a New CEO. What That Means for the Stock.

Morgan Stanley's current CEO James Gorman and incoming CEO Ted Pick spoke with Reuters about the company's leadership succession and strategy. Here are some quotes from the interview:

Morgan Stanley's Pick and Gorman talk succession, strategy and challenges

Below are some quotes from banking observers and a rival about investment bank Morgan Stanley's naming of insider Ted Pick on Wednesday as its chief executive officer effective Jan. 1, replacing long-time leader James Gorman.

Comments on Morgan Stanley naming Ted Pick as CEO

Morgan Stanley chose Ted Pick to succeed its longtime leader James Gorman as CEO, effective Jan. 1.

Five facts about Morgan Stanley's new CEO Ted Pick

Morgan Stanley (MS) named Edward (Ted) Pick as the company's next chief executive officer, succeeding James Gorman who held the position since 2010. Gorman, who in May this year had expressed his intention to retire within the next 12 months, will become the Executive Chairman.

Morgan Stanley Names Edward Pick As CEO James Gorman's Successor

Pick, who joined the company in 1990 and was promoted to Managing Director in 2002, leads the institutional securities division, home to investment banking and trading.

Morgan Stanley names insider Ted Pick as CEO, ending months of speculation

Morgan Stanley on Wednesday named insider Ted Pick as its next chief executive officer, replacing longtime leader James Gorman, who will become the investment bank's executive chairman.

Morgan Stanley's 14 years under James Gorman: a timeline

Morgan Stanley (NYSE:MS) announced that Co-President Ted Pick will succeed James Gorman as CEO starting in 2024.  Morgan Stanley (NYSE:MS) initially announced in May that Gorman intended to step down within a year, adding that it planned to choose one of the bank's three main division leaders as his successor.

Morgan Stanley names successor to CEO James Gorman

Morgan Stanley's Board of directors on Wednesday announced current co-President Edward "Ted" Pick as the firm's next Chief Executive Officer. The announcement puts an end to the race to succeed current CEO James Gorman.

Morgan Stanley has named Ted Pick as its next CEO, putting an end to the race to succeed James Gorman at the top of a Wall Street giant

Pick will replace longtime CEO James Gorman, ushering in a new era for the Wall Street powerhouse.

Morgan Stanley Names Ted Pick as Next Chief Executive

Morgan Stanley said late Wednesday that Co-President Edward “Ted” Pick will become its Chief Executive, effective Jan. 1. James Gorman will become executive chairman, Morgan Stanley said.

News for Morgan Stanley Stock (MS)