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On March 20, 2025, in New York, New York came out of Morgan Stanley World Staff at Manhattan.
Spencer Plath | Gets the image
Morgan Stanley On Wednesday, the results of the second quarter were reported, which defeated Wall Street’s expectations on the back of higher trade revenue.
That’s what the bank reported in the second quarter compared to what Wall -Rate was waiting, based on a LSEG analyst poll:
- Profit per share: $ 2.13 against $ 1.96 expected
- Income: $ 16.79 against $ 16.07 billion expected
Net income rose 13% to $ 3.5 billion, or $ 2.13 per share, with $ 3.1 billion, or $ 1.82 per share over the same period of the year.
Institutional securities reported net revenues at $ 7.64 billion compared to approximately $ 6.98 a year ago. Strong characteristics were caused by higher customer activity with a noticeable force in capital trading.
“Morgan Stanley has put another strong quarter,” Ted Peak, CEO and Bank Chairman said in a statement. “Six consecutive quarters of consistent profits … reflect a higher level of performance in different market conditions.”
Rich management has become another strong segment for the bank, which brought a net income of $ 7.76 billion at higher asset management. A year ago, business revenue revenue is $ 6.79 billion.
The bank reserves dropped more than 2% on Wednesday after the results. About 10%increased this year.
