AI English summary of an SEC filing — figures as filed
Morgan Stanley reported net revenues of $17.7 billion for Q1 2025 ended March 31, net income applicable to Morgan Stanley of $4.3 billion and diluted earnings per share of $2.60, compared with net revenues of $15.1 billion, net income of $3.4 billion and earnings per share of $2.02 for the same period a year ago.
Key points
AI summaryMorgan Stanley reported net revenues of $17.7 billion for Q1 2025 ended March 31, net income applicable to Morgan Stanley of $4.3 billion and diluted earnings per share of $2.60, compared with net revenues of $15.1 billion, net income of $3.4 billion and earnings per share of $2.02 for the same period a year ago.
The company said Institutional Securities net revenues were $8,983 million compared with $7,016 million a year ago, with Equity revenues of $4,128 million, up 45% from $2,842 million in the prior-year quarter.
Morgan Stanley said Wealth Management net revenues were $7,327 million compared with $6,880 million a year ago and Investment Management net revenues were $1,602 million compared with $1,377 million a year ago. Wealth Management's pre-tax margin was 26.6%.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.
Q1 Net Revenues and Earnings Per Share
Morgan Stanley reported net revenues of $17.7 billion for Q1 2025 ended March 31, net income applicable to Morgan Stanley of $4.3 billion and diluted earnings per share of $2.60, compared with net revenues of $15.1 billion, net income of $3.4 billion and earnings per share of $2.02 for the same period a year ago.
Source · Based on the filing body and exhibits
Institutional Securities Net Revenues and Equity Division
The company said Institutional Securities net revenues were $8,983 million compared with $7,016 million a year ago, with Equity revenues of $4,128 million, up 45% from $2,842 million in the prior-year quarter.
Source · Based on the filing body and exhibits
Wealth Management and Investment Management Net Revenues
Morgan Stanley said Wealth Management net revenues were $7,327 million compared with $6,880 million a year ago and Investment Management net revenues were $1,602 million compared with $1,377 million a year ago. Wealth Management's pre-tax margin was 26.6%.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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