Morgan Stanley
MS
ISIN US6174464486 / Valor 653571
Morgan Stanley
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About company
Morgan Stanley is a global financial services firm that provides investment banking, asset management, and wealth management services to corporations, governments, institutions, and individuals.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (17.12.2024):
Revenue Growth
Morgan Stanley reported net revenues of $15.4 billion for the third quarter of 2024, marking an increase from $13.3 billion in the same period the previous year. This growth reflects strong performance across its business segments, particularly in Institutional Securities and Wealth Management.
Net Income and Earnings Per Share
The firm achieved a net income of $3.2 billion, or $1.88 per diluted share, in the third quarter of 2024. This represents a significant increase compared to the net income of $2.4 billion, or $1.38 per diluted share, reported in the third quarter of 2023.
Return on Tangible Common Equity
Morgan Stanley reported a return on tangible common equity (ROTCE) of 17.5% for the third quarter of 2024. This is an improvement from the 13.5% ROTCE recorded in the same quarter of the previous year, indicating enhanced profitability and capital efficiency.
Wealth Management Performance
In the third quarter of 2024, Morgan Stanley's Wealth Management division reported record net revenues of $7.3 billion, up from $6.4 billion a year ago. The division also achieved a pre-tax margin of 28.3%, driven by strong asset management and transactional revenues.
Investment Management Results
The Investment Management segment of Morgan Stanley reported net revenues of $1.5 billion for the third quarter of 2024, compared to $1.3 billion in the same period last year. This growth was primarily driven by higher asset management revenues and positive long-term net flows.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
206261 M
Market cap (USD)
889,992
Daily traded volume (Shares)
127.22 / 124.7
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
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EPS (USD)
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Ratings & reviews
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