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

The financial sector is one of the best performing parts of the market as we head into the long weekend.

Here's Why Citigroup and Other Big Bank Stocks are Rising on Thursday

Morgan Stanley boss James Gorman surprised his staff by disclosing in an internal video that he has won his own battle with the coronavirus. According to sources close to the banking giant, employees were notified via email at 8 a.m.

Morgan Stanley CEO James Gorman reveals he had coronavirus

Morgan Stanley's  Chief Executive Officer James Gorman said he has fully recovered from the illness caused by the novel coronavirus, according to a video that was sent to the bank's employees on Thursday.

Morgan Stanley CEO James Gorman recovers from COVID-19

Morgan Stanley CEO James Gorman fell ill with the coronavirus about three weeks ago and has since recovered and been cleared by physicians, according to a company spokesman.

Morgan Stanley CEO James Gorman has recovered from coronavirus

U.S. banks should feel welcome to pursue "prudent efforts" to help borrowers impacted by the coronavirus pandemic, according to a new joint statement issued by banking regulators Tuesday.

U.S. banking regulators encourage 'prudent efforts' by banks to help borrowers

PNC Financial Services

The start of 2020 felt like a virtual Goldilocks period for the major U.S. banks, but the COVID-19 recession has changed all of that drastically.

Bank Dividends and Book Values to Come Under Deep Scrutiny With Earnings

U.S. banks are expected to defend their dividend payments when they submit their annual capital plans to the Federal Reserve on Monday for the upcoming stress tests, the Financial Times reported on Sunday, citing people familiar with the situation.

U.S. banks to defend dividend payments in stress tests: FT

Morgan Stanley (MS) closed at $33.84 in the latest trading session, marking a -0.18% move from the prior day.

Morgan Stanley (MS) Stock Moves -0.18%: What You Should Know

Bank of America Corp  and JPMorgan Chase & Co  are now accepting applications for federally backed small-business loans, a sign that big U.S. banks have warmed up to the relief program after initially resisting participation.

Big U.S. banks start accepting small business aid requests

Morgan Stanley  plans to hold in person its annual shareholder meeting, scheduled for May 21, the Wall Street bank said on Friday, even as many companies have moved their meetings online amid the novel coronavirus outbreak.

Morgan Stanley plans to hold annual meeting in person

Banking and financial services stocks have been particularly badly impacted by the ongoing crisis, as their lending and investment banking operations are expected to suffer due to lower consumer activity levels and potential loan defaults due to anticipated losses driven by the global slowdown.

Morgan Stanley or Goldman? Down 35%, Now MS Stock Will Win

ETRADE

The acquisition of E-Trade will help the bank's revenues be less impacted by market moves, Gorman said.

Morgan Stanley's CEO says downturn is 'exactly the kind of reason' for E-Trade deal

Everything was looking perfect for the banks at the start of 2020. Interest rates were expected to remain stable for the year, business was booming, equities and other assets were rising in value and regulators seemed to be easing up on the banks.

Are Bank Stock Investors Ready for Lower Dividends and Lower Book Values?

Morgan Stanley (MS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why the Earnings Surprise Streak Could Continue for Morgan Stanley (MS)

Barclays

Credit Suisse

Deutsche Bank

Royal Bank of Canada

T-Mobile was supposed to get the financing through third-party investors. But that fell through due to COVID-19, leaving banks responsible.

Large Banks on the Hook for $23 Billion in Financing of T-Mobile and Sprint's Merger

Blackrock Inc

Global asset managers are poised to benefit as China opens wealth management markets wider amid coronavirus-related uncertainty.

China Opens Asset Management Markets: Global Firms to Benefit

The Department's green light is an important step toward the closing of the $13 billion deal.

Report: Department of Justice Approves Morgan Stanley Acquisition of E*Trade Financial

With the approval of increasing their stake in respective securities JV, Morgan Stanley (MS) and Goldman (GS) are set to further diversify their revenues.

Morgan Stanley, Goldman Get Nod for Majority Stakes in China JV

Bank of New York Mellon

State Street

Our bank portfolio of 9 stocks shows an average return of 11% in the last five trading days compared with a 13% return in the Dow during the same period. This portfolio reflects one set of possible stocks that will very likely underperform the broader market if there’s a reasonably quick recovery.

Coronavirus Recovery Watch: Major U.S. Banks Underperform The Market, But There Are A Few Bright Spots

The promise, made by CEO James Gorman, covers more than 60,400 employees.

Morgan Stanley Pledges No Layoffs in 2020

Banks are wobbling from the economic wallop being delivered by the coronavirus, but experts say they are unlikely to fall down.

Banks to weather coronavirus better than 2008 financial crisis: report

Royal Bank of Scotland

Several major global banks are halting job cuts despite business activity slowdown due to coronavirus.

Major Banks Pause Job Cuts Amid Coronavirus-Related Mayhem

Goldman Sachs  and Morgan Stanley  said on Friday they had received the final regulatory approvals to take majority stakes in their China securities joint ventures, as Beijing continues to open its financial sector to foreigners.

Goldman, Morgan Stanley receive approvals for majority stakes in China ventures

Morgan Stanley  has received regulatory approval to take a majority stake in its China securities joint venture, three people with direct knowledge of the matter said, as Beijing continues to open its financial sector to foreigners.

Morgan Stanley gets approval for majority stake in China venture: sources

HSBC Holdings

Big banks are postponing decisions about staff cuts as the coronavirus hits their businesses hard, with executives saying they are unsure how long the outbreak will hurt the economy and worried about being unprepared if business suddenly snaps back.

News for Morgan Stanley Stock (MS)