secwatch.observer — SEC 8-K summary
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Issuer:     MORGAN STANLEY (MS)
CIK:        0000895421
Form:       8-K
Filed at:   2023-01-17T23:59:59+00:00
Accession:  0001157523-23-000051
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Morgan Stanley Q4 EPS $1.26 vs $2.01 YoY; FY revenues $53.7B, down 10%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895421/000115752323000051/0001157523-23-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895421/000115752323000051/a53203138.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-000051

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