Morgan Stanley (MS) Misses Q2 EPS by 13c

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Morgan Stanley Second Quarter 2022 Earnings Results

July 14, 2022 7:30 AM EDT

Morgan Stanley Reports Net Revenues of $13.1 Billion, EPS of $1.39 and ROTCE of 13.8%

NEW YORK--(BUSINESS WIRE)-- Morgan Stanley (NYSE: MS) today reported net revenues of $13.1 billion for the second quarter ended June 30, 2022 compared with $14.8 billion a year ago. Net income applicable to Morgan Stanley was $2.5 billion, or $1.39 per diluted share,1 compared with net income of $3.5 billion, or $1.85 per diluted share,1 for the same period a year ago.

James P. Gorman, Chairman and Chief Executive Officer, said, Overall the Firm delivered a solid... More