$MS (+0,04 %) | Morgan Stanley Q3 2024 Earnings Highlights:
🔹 EPS: $1.88 (Est. $1.60) 🟢; UP from $1.47 YoY
🔹 Net Revenue: $15.38B (Est. $14.36B) 🟢
SEGMENTS REVENUE:
🔹 Wealth Management: $7.27B (Est. $6.88B) 🟢; UP +14% YoY
🔹 Investment Management: $1.46B
Institutional Securities:
🔹 Total Revenue: $6.82B
🔹 Investment Banking: $1.46B
🔹 Equities Sales & Trading: $3.05B (Est. $2.7B) 🟢; UP +21% YoY
🔹 FICC Sales & Trading: $2.00B (Est. $1.85B) 🟢
Capital Returns:
🔸 Stock Buybacks: $800M repurchased during Q3
Other Financial Metrics:
🔸 Provision for Credit Losses: $79M
🔸 Compensation Expenses: $6.73B
🔸 Non-Compensation Expenses: $4.35B
🔸 Expense Efficiency Ratio: 72%
🔸 ROE: 13.1%
CEO James Gorman's Commentary:
🔸 "Our management continues to be focused on driving durable growth and realizing long-term returns for our shareholders."