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US investment bank Morgan Stanley reports revenue in line with expectations for the third quarter. Earnings per share were better than expected.
Revenue amounted to USD 20.34 billion (18.22), compared with the FactSet analyst consensus of 19.93.
Revenue in investment banking increased by 2 percent to USD 2.16 billion during the quarter. Institutional Securities revenue totaled USD 10.0 billion (8.5), while Wealth Management accounted for USD 9.07 billion (8.23) and Investment Management brought in USD 1.46 billion (1.65).
Earnings per share amounted to USD 3.03 (2.80), which is 2.7 percent better than the analyst consensus of 2.95.
Return on tangible common equity, ROTCE, was 22.6 percent.
Morgan Stanley, USD billionQ3-2026ConsensusChange vs consensusQ3-2025ChangeRevenue20.3419.932.1%18.2211.6%Earnings per share, USD3.032.952.7%2.808.2%Consensus data from Factset