From Barchart: 2025-04-11 09:21:00

Morgan Stanley (NYSE:MS) reported a strong first quarter, with profits and revenue exceeding expectations. Earnings per share were $2.60, beating the $2.26 consensus, while revenue reached $17.7 billion, topping the $16.76 billion forecast. Equities trading was a standout performer, bringing in $4.13 billion.

Despite the impressive results, Morgan Stanley’s shares fell around 1% in pre-market trading today. The bank’s equities sales and trading division significantly outperformed expectations, helping to offset a slight miss in wealth management revenue, which came in at $7.3 billion versus the expected $7.44 billion.

The company’s profitability metrics were stellar, with return on equity reaching 20% and return on tangible equity soaring to 37%, both well above estimates. These results highlight Morgan Stanley’s ability to capitalize on market volatility and demonstrate its strength in capital markets, despite softer trends in wealth management.



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