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People go out of the global headquarters of Manhattan Morgan Stanley, 20 March 2025 in New York City.
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Morgan Stanley On Wednesday, the results of the second quarter were reported, they crushed the expectations of the street on the back of commercial revenue.
Here are the banks seen in the second quarter compared to Wall Street based on a survey of analysts by Lega:
- Share each earnings: $ 2.13 vs. $ 1.96 was expected
- Revenue: 16.79 billion dollars Versus is expected $ 16.07 billion
Net income rose by 15% from $ 3.54 million, or $ 2.13 per fee, between $ 3.08 million, or $ 1.82 per fee, a year ago a year ago. The income rose by 12% between $ 15 billion.
Institutional values had a net income of $ 7.64 million compared to about $ 6.98 billion a year ago. Strong performance prompted higher customer activities with a prominent force.
“Morgan Stanley gave another four-fourthe quarter,” said Ted, General Manager and President of the Bank. “Six-quarters of coherent gains … The higher levels of performance in different market environments are reflected.”
The wealth management was another strong segment for the bank, which delivered net $ 7.76 million in high assets management income. A year ago, the business saw $ 6.79 million.
The bank shares wet more than 2% on Wednesday, following the results. The company’s shares rose by about 10% this year.
Clarify: This story has been updated to clarify the change and figures of net income.
