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People go out of the global headquarters in Manhattan in 2025 in New York, 2025 in New York, Morgan Stanley.
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Morgan Stanley On Wednesday, the results of the second quarter expressed the expectations of crushing Wall Street behind higher trade revenues.
Here’s what the bank has given according to the second quarter compared to the request of analysts analysts by LSEG:
- Earnings on a share: $ 2.13 – $ 1.96 expected
- Income: $ 16.79 billion is expected to $ 16.07 billion
Net income reached $ 3.54 billion to $ 3.54 billion or $ 2.13 per share, reached $ 2.13 per share for the same period a year ago. The income has increased by 12 billion dollars.
Institutional securities reported $ 7.64 billion in revenue compared to about $ 6.98 billion a year ago. Strong performance accelerated with higher customer activities with prominent power in capital trading.
“Morgan Stanley was handed over to another strongest quarter,” TED choice, CEO and the chairman of the bank said in a statement. “Six consecutive quarters of consecutive earnings … reflect the level of performance in different market environments.”
The wealth management was a stronger segment for the bank, which increased the net revenues by higher asset management revenues. A year ago, the work earned $ 6.79 billion.
The shares of the bank sank more than 2% on Wednesday after the results. This year’s shares of the company rose by about 10%.
