Morgan Stanley
- Morgan Stanley increased 7.5% to $120.50 after the financial services company reported better-than-expected revenue and earnings in the third quarter.
Revenue increased to $15.4 billion from $13.3 billion, net income advanced to $3.2 billion from $2.4 billion, and diluted earnings per share rose to $1.88 from $1.38 a year ago.
Revenue in the institutional securities division increased to $6.8 billion from $5.7 billion, wealth management jumped to $7.2 billion from $6.4 billion, and investment management advanced to $1.5 billion from $1.3 billion a year ago.
The wealth management unit attracted $64 billion in new assets, increasing total client assets to $6 trillion.
Investment management unit received a net long-term asset flow of $7 billion, and assets at the end of the quarter increased to $1.6 trillion.
Oct 16, 2024 - Morgan Stanley advanced 1.1% to $106.65 after the investment bank reported better-than-expected quarterly results.
Revenue in the second quarter increased to $15.0 billion from $13.5 billion, net income rose to $3.1 billion from $2.2 billion, and diluted earnings per share advanced to $1.82 from $1.24 a year ago.
The wealth management unit's revenue increased to $6.8 billion from $6.7 billion, driven by a positive market environment and cumulative fee-based asset flows.
Institutional securities increased to $7.0 billion from $5.7 billion, driven by higher trading activities by clients, strong investment banking fees, and a rise in debt underwriting fees.
Jul 16, 2024 - Morgan Stanley decreased 4.6% to $77.60 despite the financial services provider reporting higher-than-expected quarterly sales and earnings but revenue in wealth management unit disappointed investors.
Revenue in the third quarter increased to $13.2 billion from $12.98 billion and net income rose to $2.40 billion from $2.63 billion and diluted earnings per share dropped to $1.38 from $1.47 a year ago.
Net revenue in the wealth management unit rose to $6.4 billion from $6..1 billion but net new assets inflow dropped to $35.7 billion from $64.7 billion a year ago.
The company repurchased 17 million of its own shares at an average price of $87.59 or $1.5 billion and the board of directors declared 85 cents a share dividend payable on November 15 to shareholders on record on October 31.
Oct 18, 2023 - Morgan Stanley gained 3% to $88.88 after the financial services provider reported a smaller-than-expected decline in earnings in its latest quarter.
Net revenues in the second quarter increased 2% to $13.5 billion and net income declined 13% to $2.2 billion from $2.5 billion and diluted earnings per share dropped to $1.24 from $1.39 a year ago.
Revenue in the wealth management segment revenue increased 16% to $6.6 billion from $5.7 billion, institutional securities segment declined 8% to $5.6 billion from $6.1 billion and investment management dropped 9% to $1.3 billion from $1.4 billion.
Return on average tangible common equity decreased to 12.1% from 13.8% and tangible book value edged up to $40.79 from $40.07.
The company increased its quarterly dividend by 7.5% to 85 cents a common share. payable to shareholders on record on July 31 on August 15.
Jul 18, 2023 - Morgan Stanley, the financial services provider, said first quarter revenue and earnings fell.
Revenue in the first quarter decreased to $14.5 billion from $14.8 billion and net income dropped to $3.0 billion from $3.7 billion and diluted earnings per share eased to $1.70 from $2.02 a year ago.
Revenue in the institutional securities segment decreased to $6.7 billion from $7.8 billion, wealth management increased to $6.5 billion from $5.9 billion and investment management declined to $1.28 billion from $1.33 billion a year ago.
Assets under management dropped to $1.34 trillion from $1.44 trillion a year ago.
Apr 19, 2023
| Year | Mar | Jun | Sep | Dec | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 1.70 | 1.24 | 1.38 | - | - | |
| 2022 | 2.02 | 1.39 | 1.47 | 1.27 | 6.15 | |
| 2021 | 2.19 | 1.85 | 1.98 | 2.01 | 8.03 | |
| 2020 | 1.01 | 1.96 | 1.66 | 1.81 | 6.46 | |
| 2019 | 1.39 | 1.23 | 1.27 | 1.3 | 5.19 | |
| 2018 | 1.45 | 1.3 | 1.17 | 0.81 | 4.73 | |
| 2017 | 1 | 0.87 | 0.93 | 0.84 | 3.64 | |
| 2016 | 0.55 | 0.75 | 0.80 | 0.81 | 2.91 | |
| 2015 | 0.85 | 0.79 | 0.34 | 0.43 | 2.41 | |
| 2014 | 0.74 | 0.92 | 0.83 | -0.89 | 1.6 | |
| 2013 | 0.48 | 0.41 | 0.45 | 0.02 | 1.36 | |
| 2012 | -0.06 | 0.29 | -0.55 | 0.30 | -0.02 | |
| 2011 | 0.50 | -0.38 | 1.15 | -0.04 | 1.23 | |
| 2010 | 0.99 | 1.09 | -0.07 | 0.62 | 2.63 | |
| 2009 | -0.57 | -1.10 | 0.38 | 0.52 | -0.77 | |
| 2008 | 1.45 | 0.95 | 1.32 | 0.00 | 1.45 | |
| 2007 | 2.51 | 2.45 | 1.44 | 0.00 | 2.98 | |
| 2006 | 1.48 | 1.75 | 1.75 | 0.00 | 7.07 | |
| 2005 | 1.29 | 0.86 | 0.13 | 0.00 | 4.57 |