| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Net revenues | 18,224 | 16,792 | 17,739 | 15,383 |
| Provision for credit losses | 0 | 196 | 135 | 79 |
| Compensation and benefits | 7,442 | 7,190 | 7,521 | 6,733 |
| Brokerage, clearing and exchange fees | 1,141 | 1,188 | 1,222 | 1,044 |
| Information processing and communications | 1,119 | 1,089 | 1,050 | 1,042 |
| Professional services | 685 | 711 | 674 | 711 |
| Occupancy and equipment | 473 | 459 | 449 | 473 |
| Marketing and business development | 280 | 297 | 238 | 224 |
| Other | 1,056 | 1,040 | 906 | 856 |
| Total non-interest expenses | 12,196 | 11,974 | 12,060 | 11,083 |
| Income before provision for income taxes | 6,028 | 4,622 | 5,544 | 4,221 |
| Provision for income taxes | 1,373 | 1,047 | 1,173 | 995 |
| Net income | 4,655 | 3,575 | 4,371 | 3,226 |
| Net income applicable to noncontrolling interests | 45 | 36 | 56 | 38 |
| Net income applicable to morgan stanley | 4,610 | 3,539 | 4,315 | 3,188 |
| Preferred stock dividends | 160 | 147 | 158 | 160 |
| Earnings applicable to morgan stanley common shareholders | 4,450 | 3,392 | 4,157 | 3,028 |
| Basic (shares) | 1,571,000,000 | 1,577,000,000 | 1,584,000,000 | 1,588,000,000 |
| Basic (usd per share) | 2.83 | 2.15 | 2.62 | 1.91 |
| Diluted (shares) | 1,590,000,000 | 1,593,000,000 | 1,600,000,000 | 1,609,000,000 |
| Diluted (usd per share) | 2.8 | 2.13 | 2.6 | 1.88 |
MORGAN STANLEY (MS)
MORGAN STANLEY (MS)