(Updated - January 19, 2022 7:33 AM EST)

Morgan Stanley (NYSE: MS) reported Q4 adjs. EPS of $2.08, versus $2.04 reported last year. Revenue for the quarter came in at $14.5 billion, versus $13.6 billion reported last year

• Morgan Stanley Reports Fourth Quarter Net Revenues of $14.5 Billion, EPS of $2.01 and ROTCE of 19.8%; Record Full Year Net Revenues of $59.8 Billion, EPS of $8.03 and ROTCE of 19.8%

James P. Gorman, Chairman and Chief Executive Officer, said, “2021 was an outstanding year for our Firm. We delivered record net revenues of $60 billion and a ROTCE of 20%, with stand-out results in each of our business segments. Wealth Management grew client assets by nearly $1 trillion to $4.9 trillion this year, with $438 billion in net new assets. Combined with Investment Management, we now have $6.5 trillion in client assets. Our integrated investment bank has continued to gain wallet share. We have a sustainable business model with scale, capital flexibility, momentum and growth.”

For earnings history and earnings-related data on Morgan Stanley (MS) click here.