earnings
confidence high
sentiment negative
materiality 0.80
Morgan Stanley Q3 2022 EPS $1.47, rev $13.0B; Wealth Mgmt adds $65B net new assets
MORGAN STANLEY
2022-Q3 EPS reported
$4.88
- Net revenues $13.0B, down 12% YoY; EPS $1.47 vs $1.98; ROTCE 14.6% vs 19.6%.
- Wealth Management net revenues $6.1B (+3%), pre-tax margin 26.9% (28.4% ex-integration).
- Investment Banking revenue $1.3B, down 55% YoY; Fixed Income up 33% to $2.2B.
- Dividend declared $0.775/share payable Nov 15, 2022; $2.6B shares repurchased in quarter.
- Standardized CET1 ratio 14.8%, 150 bps above updated requirement starting Oct 1.