Morgan Stanley (NYSE:MS) reported a second-quarter 2025 earnings of $2.13, up from $1.82 a 12 months in the past and beating the consensus of $2.02. Web earnings elevated to $3.54 billion from $3.08 billion.
The U.S. financial institution reported income of $16.79 billion, up 12% 12 months over 12 months, beating the consensus of $16.11 billion.
Morgan Stanley’s provision for credit score losses jumped to $196 million, primarily pushed by development within the company mortgage portfolio and
secured lending amenities, and the affect of a reasonably weaker macroeconomic outlook.
Additionally Learn: Huge Financial institution Shares Soared In 2025—However This Earnings Season Might Shake Issues Up
The agency’s expense effectivity ratio was 71% in comparison with 72% a 12 months in the past.
Morgan Stanley’s second-quarter Return on Tangible Frequent Fairness was 18.2%, in comparison with 17.5% a 12 months in the past.
Institutional Securities reported web revenues of $7.6 billion, propelled by
Markets companies on increased shopper exercise, with notable power in Fairness.
Funding Administration outcomes mirror web revenues of $1.6 billion, primarily pushed by asset administration charges on increased common belongings below administration (AUM) of $1.71 trillion (up 13%). The quarter included optimistic long-term web flows of $11 billion.
Wealth administration delivered web revenues of $7.76 billion on increased asset administration revenues, in comparison with $6.79 billion a 12 months in the past.
The enterprise demonstrated continued power with web new belongings of $59 billion and fee-based asset flows of $43 billion for the quarter.
Fairness web revenues elevated 23% to $3.72 billion, reflecting will increase from a 12 months in the past throughout enterprise strains and areas on increased shopper exercise, with strong ends in prime brokerage.
Mounted Earnings web revenues elevated 9% from a 12 months in the past to $2.18 billion, primarily pushed by increased ends in macro merchandise and better shopper exercise in a extra unstable market atmosphere. Decrease ends in commodities partially offset the rise.
On Wednesday, Chairman and Chief Govt Officer Ted Choose mentioned, “Morgan Stanley delivered one other sturdy quarter. Six sequential quarters of constant earnings…mirror increased ranges of efficiency in numerous market environments. Institutional Securities noticed power and steadiness throughout companies and geographies.”
Worth Motion: MS inventory is down 1.38% at $139.64 in the course of the premarket session on the final examine Wednesday.
Learn Subsequent:
Photograph by way of Shutterstock
Up Subsequent: Remodel your buying and selling with Benzinga Edge’s one-of-a-kind market commerce concepts and instruments. Click on now to entry distinctive insights that may set you forward in right this moment’s aggressive market.
