Record Revenues and Strong EPS
Morgan Stanley reported record revenues of $17.7 billion and an EPS of $2.60, demonstrating the firm's strong performance despite market uncertainties.
Wealth Management Success
Wealth management added $94 billion of net new assets, with consistently strong fee-based flows of $30 billion, reflecting client engagement and demand for advice.
Robust Institutional Securities Performance
Institutional securities delivered a record quarter with revenues of $9 billion, up 28% from the prior year, driven by strong performance in equities and geographic reach, particularly in Asia.
Equities Trading Record
Equity revenues increased 45% from the prior year to a record $4.1 billion, with strong client activity and engagement across regions.
Fixed Income Success
Fixed income underwriting delivered strong revenues of $677 million, driven by non-investment grade loan issuance and strong investor demand.
Strong Global Presence
Morgan Stanley's global footprint, particularly in Asia, contributed significantly to its strong performance, with institutional securities revenues in Asia up 35% year over year.