Company Reports

We view Morgan Stanley's strategic approach as appropriate as it effectively leverages the firm's strengths across its key wealth management, investment banking, and trading businesses.

Morgan Stanley reported second-quarter earnings results that did not disappoint, with revenue of $21.3 billion growing a striking 27% from the year-ago period, while $3.46 in diluted EPS swelled 58%. Like its peers, the firm saw surreal growth in investment banking (up 58%) and trading (up 48%).

We view Morgan Stanley's strategic approach as appropriate as it effectively leverages the firm's strengths across its key wealth management, investment banking, and trading businesses.

The Federal Reserve released its annual stress test results on June 24. With stronger results than last year, albeit in a less severe scenario, shares of the 32 tested banks generally traded upward, though the movement was muted.

Morgan Stanley reported strong first-quarter 2026 earnings results, posting 19% annual growth in its institutional securities group segment. Married with strong wealth management results, the firm posted 16% sales growth, 32% diluted EPS growth, and comfortably topped FactSet consensus estimates.

We view Morgan Stanley's strategic approach as appropriate as it effectively leverages the firm's strengths in wealth management and investment banking and trading.

We view Morgan Stanley's strategic approach as appropriate as it effectively leverages the firm's strengths in wealth management and investment banking and trading.

The Federal Reserve released its long-awaited proposals for a few key regulatory measures, including its proposal for the adoption of global Basel III endgame (BSE) standards and revisions to the surplus capital that global systemically important banks, or G-SIBs, must carry.

Shares in many public wealth management firms fell significantly during Feb. 10 trading as fears regarding AI disruption continue to spread, pushing beyond software and financial data companies into areas like wealth management, where disruptive risk remains significantly less clear.

Morgan Stanley reported fourth-quarter 2025 earnings, posting outstanding 21.8% returns on tangible common equity for the quarter, quarterly revenue growth of 10.3%, and improving efficiency ratios.

We view Morgan Stanley's strategic approach as appropriate as it effectively leverages the firm's strengths in wealth management and investment banking and trading.

The Federal Reserve released a new proposal for the bank stress-test framework and 2026 stress-test scenarios on Oct. 24.

Morgan Stanley reported third-quarter 2025 earnings, with investors seeking guidance regarding the durability of outsize trading and investment banking revenues across the industry. Capital allocation was also a key focus after great stress test results.

We view Morgan Stanley's strategic approach as appropriate as it effectively leverages the firm's strengths in wealth management and investment banking and trading.

We view Morgan Stanley's strategic approach as appropriate as it effectively leverages the firm's strengths in wealth management and investment banking and trading.

Morgan Stanley reported second-quarter earnings results, with investors looking for signs of strength across the investment banking and trading businesses during a volatile quarter.

We're transferring coverage of Morgan Stanley, a diversified financial services company and global systematically important investment bank, to a new analyst.

The Federal Reserve released its annual stress test results on Friday, June 27. With significantly stronger results compared with a year ago, the shares of the 22 tested institutions traded slightly higher in after hours trading.

The Federal Reserve, with the support of the Office of the Comptroller of the Currency and the Federal Deposit Insurance, released draft changes to the enhanced supplemental leverage ratio today. The Morningstar US Banks Index rose by 0.6% on the news, while the broader market was flat.

Narrow-moat-rated Morgan Stanley reported strong first-quarter results, highlighted by record-setting net revenue generated by the Institutional Securities business, as it took full advantage of the heightened volatility in the trading environment. Despite the strong quarterly results and recent selloff of the stock alongside broader equity markets, we continue to see shares as modestly overvalued compared with our $101 per share fair value estimate.