earnings
confidence high
sentiment negative
materiality 0.80
Morgan Stanley Q4 EPS $1.26 vs $2.01 YoY; FY revenues $53.7B, down 10%
MORGAN STANLEY
2022-FY EPS reported
$6.15
- Q4 net revenues $12.7B (down 12% YoY); diluted EPS $1.26 ($1.31 adjusted) vs $2.01 ($2.08 adjusted).
- Wealth Management record Q4 rev $6.6B; full-year net new assets $311B; pre-tax margin 27.8%.
- Investment Banking revenues fell 49% in Q4; Fixed Income up 15% on macro/credit strength.
- Full-year ROTCE 15.3% (15.7% ex-integration); repurchased $9.9B of stock in 2022.
- Provision for credit losses $87M Q4 vs $5M a year ago; severance costs $133M in Q4.