Morgan Stanley (MS) Tops Q3 EPS by 6c

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Morgan Stanley Third Quarter 2023 Earnings Results

October 18, 2023 7:30 AM EDT

Morgan Stanley Reports Net Revenues of $13.3 Billion, EPS of $1.38 and ROTCE of 13.5%

NEW YORK--(BUSINESS WIRE)-- Morgan Stanley (NYSE: MS) today reported net revenues of $13.3 billion for the third quarter ended September 30, 2023 compared to $13.0 billion a year ago. Net income applicable to Morgan Stanley was $2.4 billion, or $1.38 per diluted share,1 compared to net income of $2.6 billion, or $1.47 per diluted share,1 for the same period a year ago.

James P. Gorman, Chairman and Chief Executive Officer, said, While the market environment remained mixed this quarter, the Firm... More