Morgan Stanley ( (MS) ) has released its Q4 earnings. Here is a breakdown of the information Morgan Stanley presented to its investors.
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Morgan Stanley is a leading global financial services firm offering a wide range of investment banking, securities, wealth management, and investment management services, with a significant presence in 42 countries worldwide.
In its latest earnings report, Morgan Stanley announced robust financial results for the fourth quarter and full year of 2024, marking one of the strongest years in the firm’s history. The company reported fourth-quarter net revenues of $16.2 billion and earnings per share (EPS) of $2.22, with an impressive return on tangible common equity (ROTCE) of 20.2%. For the full year, net revenues reached $61.8 billion with an EPS of $7.95.
Key highlights of the financial performance include a notable increase in net revenues across all major segments. Institutional Securities saw net revenues climb to $28.1 billion, driven by strong client activity and improved market conditions. Wealth Management achieved net revenues of $28.4 billion, supported by significant asset management and transactional revenues. Additionally, Investment Management reported net revenues of $5.9 billion, fueled by higher average assets under management. The firm’s expense efficiency ratio improved to 71%, reflecting disciplined expense management.
Morgan Stanley’s strategic focus on its four pillars—strategy, culture, financial strength, and growth—has been instrumental in creating long-term value for shareholders. The company accreted $5.6 billion of Common Equity Tier 1 capital while maintaining a solid capital return to shareholders through its share repurchase program and dividends.
Looking forward, Morgan Stanley’s management remains focused on executing its integrated firm strategy to sustain growth and shareholder value, leveraging its strong financial foundation and diverse business model amidst evolving market conditions.
