Morgan Stanley reports third quarter earnings
Net revenues reached $20.3 billion, up from $18.2 billion. Net income rose to $4.9 billion, or $3.03 per diluted share.
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Global financial services firm
morganstanley.comLast updated
In short: Morgan Stanley reported strong third-quarter earnings amid AI-driven growth and midterm market analysis.
Net revenues reached $20.3 billion, up from $18.2 billion. Net income rose to $4.9 billion, or $3.03 per diluted share.
The firm filed Form 8-K with the SEC and hosted a conference call to discuss performance metrics on October 14.
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Key TakeawaysMorgan Stanley earned $3. 03 per share on $20.
Morgan Stanley’s wealth management business had a record third quarter, boosted by IPOs and the rising stock market.
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