The company said net revenues for the quarter ended June 30, 2025 were $16.8 billion (compared with $15.0 billion a year earlier), net income applicable to Morgan Stanley was $3.5 billion, and diluted earnings per share were $2.13 (compared with $1.82 a year earlier).

1. 01

   The company said net revenues for the quarter ended June 30, 2025 were $16.8 billion (compared with $15.0 billion a year earlier), net income applicable to Morgan Stanley was $3.5 billion, and diluted earnings per share were $2.13 (compared with $1.82 a year earlier).

2. 02

   Morgan Stanley said Institutional Securities net revenues were $7,643 million (compared with $6,982 million a year earlier), and Equity net revenues were $3,721 million, up 23% from $3,018 million a year earlier. The company said Investment Banking net revenues were $1,540 million, down 5%.

3. 03

   The company said Wealth Management net revenues were $7.8 billion (compared with $6.8 billion a year earlier) and the pre-tax margin was 28.3%. It said the segment recorded quarterly net new assets of $59 billion and fee-based asset flows of $43 billion.

4. 04

   Morgan Stanley said its Board of Directors declared a quarterly common stock dividend of $1.00 per share (an increase of 7.5 cents). It said the company repurchased $1.0 billion of its common stock during the quarter and the Board reauthorized a multi-year share repurchase program of up to $20 billion.

Analysis 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.

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

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