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Yahoo
17-07-2025
- Business
- Yahoo
Morgan Stanley's revenue and net income increase in Q2 2025
Financial services company Morgan Stanley has reported net revenues of $16.8bn for the second quarter (Q2) ending 30 June 2025, an increase from $15bn in the same quarter of the previous year. The net income applicable to Morgan Stanley reached $3.5bn, translating to $2.13 per diluted share, compared to $3.1bn or $1.82 per diluted share in the prior year's quarter. The wealth management division generated net revenues of $7.8bn, up from $6.8bn a year earlier, with a pre-tax income of $2.2bn, resulting in a pre-tax margin of 28.3%. The investment management segment reported net revenues of $1.6bn, an increase from $1.4bn in the previous year, with pre-tax income rising to $323m from $222m. Institutional securities also saw growth, with net revenues of $7.6bn compared to $7bn a year ago, and pre-tax income increasing to $2.1bn from $2bn. Morgan Stanley chairman and CEO Ted Pick said: 'Morgan Stanley delivered another strong quarter. Six sequential quarters of consistent earnings – $2.02, $1.82, $1.88, $2.22, $2.60 and $2.13 – reflect higher levels of performance in different market environments. 'Institutional securities saw strength and balance across businesses and geographies. Wealth continues to deliver, adding $59bn of net new assets and $43bn of fee-based flows.' During the quarter, the firm repurchased $1bn of its common stock as part of its share repurchase programme. Additionally, the board of directors has reauthorised a multi-year common equity share repurchase programme of up to $20bn, which will commence in the third quarter of 2025 and does not have a set expiration date. In November 2024, Morgan Stanley launched its new Southeast Asia headquarters in Singapore's prestigious downtown business district. "Morgan Stanley's revenue and net income increase in Q2 2025" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Qatar Tribune
16-07-2025
- Business
- Qatar Tribune
Morgan Stanley's second quarter profit rises
Agencies Morgan Stanley's profit climbed as market volatility buoyed its trading desk, echoing second-quarter results among its Wall Street rivals. Equity markets swung sharply during the quarter after US President Donald Trump announced sweeping tariffs against major economies. The turbulence spurred trading as investors repositioned their portfolios and hedged risks, driving gains in Morgan Stanley's trading business. In trading, equities revenue surged 23 percent, while jumped 9 percent in fixed income, Morgan Stanley said on Wednesday. Institutional Securities, which houses the bank's Wall Street operations, posted revenue of $7.6 billion in the second quarter, compared with $7 billion, a year ago. 'Institutional Securities saw strength and balance across businesses and geographies. Wealth continues to deliver,' CEO Ted Pick said in a statement. The investment bank posted net income of $3.5 billion, or $2.13 per share, for the three months ended June 30. That compares with $3.1 billion, or $1.82 per share, a year earlier. Rival Goldman Sachs' profit jumped in the second quarter, as turbulent markets lifted equities trading revenue. JPMorgan Chase also beat Wall Street estimates for second-quarter profit on strong investment banking results a day earlier. Citigroup also reported a windfall from trading and investment banking. Dealmaking rebounded at the end of the quarter as some companies looked past tariff uncertainty and gained confidence to carry out IPOs, mergers and acquisitions. Industry executives held up that optimism this week, anticipating that deals and stock market listings will pick up in the second half of the year. Investment banking revenue declined 5 percent in the quarter. Advisory revenue slid to $508 million, compared with $592 million, a year ago. Morgan Stanley CEO Ted Pick has maintained a positive view for the year, telling investors in June that deal discussions were persistent and ramping up. It earned the fourth-highest investment banking fees among global banks in the first half of the year, according to Dealogic data. Among prominent deals in the quarter, Morgan Stanley advised Elon Musk's xAI on a $5 billion debt raise and a separate $5 billion strategic equity investment. It also advised TJC on the $5 billion sale of Silvus Technologies to Motorola. The concern about US tariff policies has also abated since Trump's initial 'Liberation Day' announcement on April 2 spurred market volatility.
Kuwait Times
16-07-2025
- Business
- Kuwait Times
Morgan Stanley's Q2 profit rises
NEW YORK: Morgan Stanley's profit climbed as market volatility buoyed its trading desk, echoing second-quarter results among its Wall Street rivals. Equity markets swung sharply during the quarter after US President Donald Trump announced sweeping tariffs against major economies. The turbulence spurred trading as investors repositioned their portfolios and hedged risks, driving gains in Morgan Stanley's trading business. In trading, equities revenue surged 23 percent, while jumped 9 percent in fixed income, Morgan Stanley said on Wednesday. Institutional Securities, which houses the bank's Wall Street operations, posted revenue of $7.6 billion in the second quarter, compared with $7 billion, a year ago. 'Institutional Securities saw strength and balance across businesses and geographies. Wealth continues to deliver,' CEO Ted Pick said in a statement. The investment bank posted net income of $3.5 billion, or $2.13 per share, for the three months ended June 30. That compares with $3.1 billion, or $1.82 per share, a year earlier. Rival Goldman Sachs' profit jumped in the second quarter, as turbulent markets lifted equities trading revenue. JPMorgan Chase also beat Wall Street estimates for second-quarter profit on strong investment banking results a day earlier. Citigroup also reported a windfall from trading and investment banking. Dealmaking rebounded at the end of the quarter as some companies looked past tariff uncertainty and gained confidence to carry out IPOs, mergers and acquisitions. Industry executives held up that optimism this week, anticipating that deals and stock market listings will pick up in the second half of the year. Investment banking revenue declined 5 percent in the quarter. Advisory revenue slid to $508 million, compared with $592 million, a year ago. Morgan Stanley CEO Ted Pick has maintained a positive view for the year, telling investors in June that deal discussions were persistent and ramping up. It earned the fourth-highest investment banking fees among global banks in the first half of the year, according to Dealogic data. Among prominent deals in the quarter, Morgan Stanley advised Elon Musk's xAI on a $5 billion debt raise and a separate $5 billion strategic equity investment. It also advised TJC on the $5 billion sale of Silvus Technologies to Motorola. The concern about US tariff policies has also abated since Trump's initial 'Liberation Day' announcement on April 2 spurred market volatility. — Reuters
Yahoo
16-07-2025
- Business
- Yahoo
Morgan Stanley's Wealth Management Adds $59 Billion In Net New Assets, AUM Grows To $1.71 Trillion
Morgan Stanley (NYSE:MS) reported a second-quarter 2025 earnings of $2.13, up from $1.82 a year ago and beating the consensus of $2.02. Net earnings increased to $3.54 billion from $3.08 billion. The U.S. bank reported revenue of $16.79 billion, up 12% year over year, beating the consensus of $16.11 billion. Morgan Stanley's provision for credit losses jumped to $196 million, primarily driven by growth in the corporate loan portfolio and secured lending facilities, and the impact of a moderately weaker macroeconomic firm's expense efficiency ratio was 71% compared to 72% a year ago. Morgan Stanley's second-quarter Return on Tangible Common Equity was 18.2%, compared to 17.5% a year ago. Institutional Securities reported net revenues of $7.6 billion, propelled by View more earnings on MS Markets businesses on higher client activity, with notable strength in Equity. Investment Management results reflect net revenues of $1.6 billion, primarily driven by asset management fees on higher average assets under management (AUM) of $1.71 trillion (up 13%). The quarter included positive long-term net flows of $11 billion. Wealth management delivered net revenues of $7.76 billion on higher asset management revenues, compared to $6.79 billion a year ago. The business demonstrated continued strength with net new assets of $59 billion and fee-based asset flows of $43 billion for the quarter. Equity net revenues increased 23% to $3.72 billion, reflecting increases from a year ago across business lines and regions on higher client activity, with robust results in prime brokerage. Fixed Income net revenues increased 9% from a year ago to $2.18 billion, primarily driven by higher results in macro products and higher client activity in a more volatile market environment. Lower results in commodities partially offset the increase. On Wednesday, Chairman and Chief Executive Officer Ted Pick said, "Morgan Stanley delivered another strong quarter. Six sequential quarters of consistent higher levels of performance in different market environments. Institutional Securities saw strength and balance across businesses and geographies." Price Action: MS stock is down 1.38% at $139.64 during the premarket session at the last check Wednesday. Read Next:Photo via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Morgan Stanley's Wealth Management Adds $59 Billion In Net New Assets, AUM Grows To $1.71 Trillion originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-07-2025
- Business
- Yahoo
Morgan Stanley trumps Q2 forecasts amid strong trading activity
-- Morgan Stanley (NYSE:MS) reported stronger-than-expected second-quarter results, with earnings per share (EPS) and revenue exceeding analysts' estimates. The Wall Street giant reported EPS of $2.13, ahead of the consensus estimate of $1.98. Revenue rose to $16.8 billion, above the $16.01 billion expected by analysts. Institutional Securities generated $7.6 billion in revenue, driven by elevated client activity and particularly strong performance in Equities. Wealth Management delivered $7.8 billion in net revenue, with a pre-tax margin of 28.3%, supported by robust asset management income and higher client engagement. Investment Management posted $1.6 billion in net revenue, largely from asset management fees on higher average AUM. The unit also recorded $11 billion in positive long-term net flows. In trading, equities revenue soared 23%, and rose 9% in fixed income, the report revealed. Return on tangible common equity (ROTCE) stood at 18.2% for the quarter and 20.6% for the first half of the year. The bank's expense efficiency ratio was 70%, supported by scale and disciplined cost controls. Its standardized CET1 capital ratio was reported at 15.0%. Chairman and CEO Ted Pick noted the firm's consistent earnings delivery across different market conditions, highlighting a six-quarter streak of solid performance. 'Morgan Stanley delivered another strong quarter,' Pick said. 'Institutional Securities saw strength and balance across businesses and geographies. Wealth continues to deliver, adding $59 billion of net new assets and $43 billion of fee-based flows.' The firm announced an increase in its quarterly dividend, raising it to $1.00 per share. Related articles Morgan Stanley trumps Q2 forecasts amid strong trading activity Clients buying into summer rally, bracing for later pullback, says BofA's Hartnett After soaring 149%, this stock is back in our AI's favor - & already +25% in July
