Morgan Stanley (MS) shares slide as pre-tax income impacted by $535m in charges
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Morgan Stanley Fourth Quarter and Full Year 2023 Earnings Results
January 16, 2024 7:30 AM ESTMorgan Stanley Reports Fourth Quarter Net Revenues of $12.9 Billion, EPS of $0.85 and ROTCE of 8.4%; Full Year Net Revenues of $54.1 Billion, EPS of $5.18 and ROTCE of 12.8%
NEW YORK--(BUSINESS WIRE)-- Morgan Stanley (NYSE: MS) today reported net revenues of $12.9 billion for the fourth quarter ended December 31, 2023 compared with $12.7 billion a year ago. Net income applicable to Morgan Stanley was $1.5 billion, or $0.85 per diluted share,1 compared with $2.2 billion, or $1.26 per diluted share,1 for the same period a year ago.
Pre-tax income for the fourth quarter includes $535 million of charges or $0.28... More
