Morgan Stanley reported strong Q2 results with earnings per share up 63% year-over-year and tangible book value per share increasing to $53.18. Total revenue grew 4% quarter-over-quarter to $21.35 billion, while operating expenses rose only 3%, helping expand profit margins. Trading revenue was flat sequentially but surged 42% compared to last year. The company also raised its dividend by 15% to $1.15 per share. Despite these positive results, the analyst downgraded Morgan Stanley to Hold due to concerns over its current valuation, suggesting a re-entry price range of $165-175 based on forward earnings multiples.
Morgan Stanley reported strong Q2 2026 results, with earnings per share of $3.46 surpassing estimates of $2.89 and revenue of $21.35 billion beating forecasts of $19.67 billion. This marks significant year-over-year growth from $16.79 billion, driven...
Morgan Stanley reported record revenue of $21.35 billion and earnings per share of $3.46 for Q2, surpassing analyst expectations. The bank saw strong performance across institutional securities, wealth management, and investment management, with net ...
Morgan Stanley reported impressive Q2 earnings, fueled by growth in wealth management, strong investment banking, and solid capital returns. Recurring fee revenue and increasing assets under management (AUM) contributed to the bank's resilient perfor...
Energy prices cooled in June, easing inflation pressures despite ongoing tensions between the U.S. and Iran near the Strait of Hormuz. Morgan Stanley reported record quarterly revenue and profit, boosted by a surge in equities trading fueled by the A...
The FTSE 100 dropped 23 points to 10,506, pressured by mining stocks reacting to China's slower-than-expected 4.3% GDP growth in Q2, its weakest in three years. European markets also declined, while US futures rose, led by tech. PayPal shares surged ...
