Morgan Stanley (MS) Q3 EPS Tops Consensus, Revenue Misses

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Morgan Stanley Third Quarter 2022 Earnings Results

October 14, 2022 7:30 AM EDT

Morgan Stanley Reports Net Revenues of $13.0 Billion, EPS of $1.47 and ROTCE of 14.6%

NEW YORK--(BUSINESS WIRE)-- Morgan Stanley (NYSE: MS) today reported net revenues of $13.0 billion for the third quarter ended September 30, 2022 compared with $14.8 billion a year ago. Net income applicable to Morgan Stanley was $2.6 billion, or $1.47 per diluted share,1 compared with net income of $3.7 billion, or $1.98 per diluted share,1 for the same period a year ago.

James P. Gorman, Chairman and Chief Executive Officer, said, Firm performance was resilient and balanced in an uncertain and difficult... More