•
Dec 31, 2024

Morgan Stanley Q4 2024 Earnings Report

Reported net revenues of $16.2 billion and EPS of $2.22, marking a strong end to the year.

Key Takeaways

Morgan Stanley reported a strong fourth quarter with net revenues of $16.2 billion and earnings per share of $2.22. The firm's ROTCE reached 20.2%, contributing to one of the strongest years in its history. Full year revenues were $61.8 billion and EPS was $7.95.

Morgan Stanley reported Q4 net revenues of $16.2 billion and EPS of $2.22.

Full year net revenues reached $61.8 billion with EPS of $7.95.

Institutional Securities showed strength in markets and improvement in Investment Banking.

Total client assets grew to $7.9 trillion across Wealth and Investment Management.

Total Revenue
$16.2B
Previous year: $12.9B
+25.8%
EPS
$2.22
Previous year: $1.13
+96.5%
Expense Efficiency Ratio
69%
Previous year: 84%
-17.9%
Free Cash Flow
-$28.1B
Total Assets
$1.22T
Previous year: $1.19T
+2.0%

Morgan Stanley

Morgan Stanley

Morgan Stanley Revenue by Segment

Forward Guidance

No specific forward guidance was provided in the earnings report.