Morgan Stanley is set to report Q3 earnings, with Wall Street expecting EPS of $2.10 and revenue of $16.7 billion. Trading and investment banking activities are expected to have boosted the bank’s performance, with stocks at record highs. Shares have climbed 24% this year, reflecting a strong performance compared to peers.

The positive outlook for Morgan Stanley is supported by booming trading activity and a resurgence in mergers and IPOs. The bank’s wealth management division is expected to benefit from stocks near record highs. Peers like Goldman Sachs are also in a favorable environment, with strong earnings reported by JPMorgan Chase, Citigroup, and Wells Fargo.

CEO Ted Pick spoke on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland, providing insight into the bank’s performance and future prospects. Stay tuned for updates as the story develops.

Read more at CNBC: Morgan Stanley (MS) earnings Q3 2025