Record Revenue and Client Assets
Morgan Stanley reported record revenues of $18.2 billion and total client assets reaching $8.9 trillion, showing robust growth and client engagement.
Strong EPS and Return on Tangible Equity
The firm reported an EPS of $2.80 and a return on tangible common equity (ROTCE) of 23.5%, reflecting strong profitability.
Investment Banking Recovery
Investment banking revenues increased to $2.1 billion, with equity underwriting revenues up 80% year-over-year, driven by IPO activity and strong advisory results.
Wealth Management Growth
Wealth Management reached a record $7 trillion in client assets, with $81 billion in net new assets and $42 billion in fee-based flows, demonstrating strong client acquisition and retention.
Expansion in AI and Digital Innovations
The firm is investing in AI initiatives like DevGen AI and LeadIQ, enhancing productivity and client engagement across its platforms.
Parametric Solutions and Global Reach
Investment Management continues to expand with Parametric Solutions, achieving $1.8 trillion in AUM and significant inflows from third-party partnerships.