---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-000576"
form_type: "8-K"
ticker: "MS"
cik: "0000895421"
company_name: "MORGAN STANLEY"
filed_at: "2023-04-19T23:59:59+00:00"
generated_at: "2026-06-17T00:11:36.389678+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Morgan Stanley Q1 EPS $1.70, down 16% YoY; revenues $14.5B; Wealth Mgmt net new assets $110B

## Summary
- Net income $3.0B ($1.70 EPS) vs $3.7B ($2.02 EPS) YoY; ROTCE 16.9% vs 19.8%.
- Wealth Management net revenues $6.6B (+11% YoY); net new assets $110B; pre-tax margin 26.1%.
- Institutional Securities net revenues $6.8B, down 11% YoY; Investment Banking down 24% to $1.25B.
- Dividend declared $0.775/share; share repurchases $1.5B in quarter; CET1 ratio 15.1%.

## SEC filing metadata
- accession: 0001157523-23-000576
- form_type: 8-K
- ticker: MS
- cik: 0000895421
- company_name: MORGAN STANLEY
- filed_at: 2023-04-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895421/000115752323000576/0001157523-23-000576-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895421/000115752323000576/a53381858.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-000576
- JSON: https://secwatch.observer/filing/0001157523-23-000576.json
- Plain text: https://secwatch.observer/filing/0001157523-23-000576.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.