earnings
confidence high
sentiment neutral
materiality 0.70
Morgan Stanley Q1 revenue $14.8B, EPS $2.02; Wealth Mgmt adds $142B net new assets
MORGAN STANLEY
2022-Q1 EPS reported
$2.02
- Net revenues $14.8B (-6% YoY); diluted EPS $2.02 vs $2.19; net income $3.7B.
- Institutional Securities rev $7.7B; IB down 37% (advisory doubled), Equity +10%, FICC flat.
- Wealth Mgmt rev $5.9B; pre-tax margin 26.5% (27.8% ex-integration); added $142B net new assets.
- Investment Mgmt rev $1.3B; AUM $1.45T; long-term net outflows $14.4B.
- CET1 ratio 14.5%; repurchased $2.9B of stock; declared $0.70 quarterly dividend.