---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001098"
form_type: "8-K"
ticker: "MS"
cik: "0000895421"
company_name: "MORGAN STANLEY"
filed_at: "2023-07-18T23:59:59+00:00"
generated_at: "2026-06-13T07:24:56.054621+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Morgan Stanley Q2 EPS $1.24, down from $1.39 YoY; Wealth Management revenue record $6.66B

## Summary
- Net revenue $13.5B vs $13.1B YoY; net income $2.2B; EPS $1.24 vs $1.39.
- Wealth Management record revenue $6.66B (+16% YoY) with $89.5B net new assets.
- Institutional Securities revenue $5.65B; Fixed Income -31%, Equity -14% YoY.
- Quarterly dividend raised to $0.85/share (+$0.075); $20B buyback program reauthorized.
- Standardized CET1 ratio 15.5%; $1B in stock repurchased during quarter.

## SEC filing metadata
- accession: 0001157523-23-001098
- form_type: 8-K
- ticker: MS
- cik: 0000895421
- company_name: MORGAN STANLEY
- filed_at: 2023-07-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895421/000115752323001098/0001157523-23-001098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895421/000115752323001098/a53457080.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001098
- JSON: https://secwatch.observer/filing/0001157523-23-001098.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001098.txt

## Key facts
- Earnings Releases
  MORGAN STANLEY reported the second quarter ended June 30, 2023 results: revenue $13.5 billion, net income $2.2 billion, EPS $1.24 per diluted share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $13.5 billion
  - Net income: $2.2 billion
  - EPS: $1.24 per diluted share
  - Result: reported results
  source text: Morgan Stanley (NYSE: MS) today reported net revenues of $13.5 billion for the second quarter ended June 30, 2023 compared with $13.1 billion a year ago. Net income applicable to Morgan Stanley was $2.2 billion, or $1.24 per diluted share, 1 compared with net income of $2.5 billion, or $1.39 per diluted share, 1 for the same period a year ago.
  evidence_url: https://www.sec.gov/Archives/edgar/data/895421/000115752323001098/0001157523-23-001098-index.htm

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