Morgan Stanley delivered solid earnings for Q3 2025, with revenue reaching $18.22B and net income climbing to $4.61B. EPS improved significantly year-over-year, supported by growth across all business segments and improved efficiency metrics.
Revenue grew to $18.22B, driven by double-digit increases in Institutional Securities and Wealth Management.
Net income rose to $4.61B, marking a significant increase from $3.19B a year ago.
Earnings per share (EPS) reached $2.80, up from $1.88 in Q3 2024.
Expense efficiency ratio improved to 67%, reflecting disciplined cost management.
Morgan Stanley did not provide detailed forward guidance in this report, but current trends indicate continued strength in core businesses and capital positions.