From Barchart: 2025-01-16 12:11:00

Morgan Stanley (NYSE:MS) surpassed Q4 analyst expectations with adjusted earnings per share of $2.22, beating the Street consensus of $1.64. Quarterly revenue reached $16.2 billion, a 26% increase from the previous year, driven by strong performance in Institutional Securities and Wealth Management divisions.

Institutional Securities division saw a 47% revenue increase to $7.3 billion, with equity trading revenue up 51% to $3.3 billion and fixed income trading revenue climbing 35% to $1.9 billion. Wealth Management division also reported impressive growth, with revenue rising 13% to $7.5 billion.

For the full year 2024, Morgan Stanley reported net revenues of $61.8 billion, up from $54.1 billion in 2023. Net income applicable to the firm rose to $13.4 billion, or $7.95 per diluted share, compared to $9.1 billion, or $5.18 per share, in the prior year.



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