secwatch.observer — SEC 8-K summary
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Issuer:     MORGAN STANLEY (MS)
CIK:        0000895421
Form:       8-K
Filed at:   2026-02-11T23:59:59+00:00
Accession:  0000950103-26-001967
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Morgan Stanley reports record 2025 results; CEO Pick receives $45M total compensation
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- Net revenues record $70.6B (+14% YoY); net income $16.9B; EPS $10.21 record.
- Pre-tax profit $22.0B (+25% YoY); ROTCE 21.6%; efficiency ratio 68%.
- CET1 ratio 15.0% (accreted $8.1B); quarterly dividend $1.00 (raised $0.075 for 4 years).
- CEO Edward Pick 2025 total compensation set at $45M; 75% deferred over 3 years as performance-vested equity.
- Market cap $282B; total shareholder return 45%; 300bps excess capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895421/000095010326001967/0000950103-26-001967-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895421/000095010326001967/dp240377_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-26-001967

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer