On March 20, 2025, people are heading the head office of Morgan Stanley in Manhattan in New York City.
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Morgan Stanley On Friday, the results of the first quarter reported that estimates at the top of the sales of stock trading rose by 45% in the midst of rising global volatility.
This is what the company has reported:
- Income: $ 2.60 per share versus $ 2.20 per share LSEG estimate
- Gain: $ 17.74 billion versus expected $ 16.58 billion
The company said that the profit rose 26% to $ 4.32 billion, or $ 2.60 per share, while sales rose 17% to a record of $ 17.74 billion.
Equity Trading was the highlight this quarter, because the turnover increased by 45% to $ 4.13 billion, around $ 840 million more than the street account estimate.
Morgan Stanley said her share results were strong in the franchise, but especially in Asia and in operations that focus on hedge funds “driven by strong customer activities in the midst of a more volatile trading environment.”
Elsewhere, the company mainly met expectations.
The fixed -interest trade rose by 5% to $ 2.6 billion, essentially corresponding to the estimate of the street account. Investment banking rose by 8% to $ 1.56 billion, just below the estimate of $ 1.61 billion.
The turnover of wealth management increased by 6% to $ 7.33 billion, which corresponded to the estimate.
Shares of Morgan Stanley have been plagued in recent days, just like those of his colleagues, because President Donald Trump’s trade policy has increased that the US was on its way to a recession.
The massage management activities of the bank were helped in the first quarter by high stock market values, which the management costs it entails.
Analysts will want to ask about the Outlook for mergers and IPO listings, which can be limited in the midst of the tensions.