earnings
confidence high
sentiment neutral
materiality 0.70
Morgan Stanley Q3 net revenue $13.3B, EPS $1.38, ROTCE 13.5%
MORGAN STANLEY
2023-Q3 EPS reported
$4.33
- Net income $2.4B vs $2.6B YoY; diluted EPS $1.38 vs $1.47.
- Wealth Management revenue $6.4B (+5% YoY) with pre-tax margin 26.7%.
- Institutional Securities revenue $5.7B; IB down 27% to $938M.
- Board declared $0.85 quarterly dividend; $1.5B in share repurchases in Q3.
- Standardized CET1 ratio 15.5%, ~260 bps above regulatory requirement.