Morgan Stanley MS earnings Q2 2025

Morgan Stanley on Wednesday reported second-quarter outcomes that crushed Wall Road expectations on the again of upper buying and selling revenues.

This is what the financial institution reported for the second quarter in contrast with what Wall Road was anticipating, primarily based on a survey of analysts by LSEG:

• Earnings per share: $2.13 vs. $1.96 anticipated
• Income: $16.79 billion versus $16.07 billion anticipated

Internet earnings rose 13% to $3.5 billion, or $2.13 per share, from $3.1 billion, or $1.82 per share, for a similar interval a yr in the past.

Institutional securities reported internet revenues of $7.64 billion, in comparison with about $6.98 billion a yr in the past. The robust efficiency was propelled by greater shopper exercise with notable energy in fairness buying and selling.

“Morgan Stanley delivered one other robust quarter,” Ted Decide, CEO and chairman of the financial institution mentioned in an announcement. “Six sequential quarters of constant earnings … replicate greater ranges of efficiency in several market environments.”

Wealth administration was one other robust section for the financial institution, which delivered internet revenues of $7.76 billion on greater asset administration revenues. A yr in the past, the enterprise noticed revenues of $6.79 billion.

The financial institution inventory has risen greater than 12% this yr, doubling the S&P 500’s efficiency. Shares had been round flat in premarket buying and selling instantly following the outcomes.