People leave Morgan Stanley’s world headquarters in Manhattan on March 20, 2025 in New York.
Spencer Platt | Getty images
Morgan Stanley Friday, the results of the first quarter that exceeded estimates, as stock negotiation revenues increased by 45% as part of an increase in global volatility.
Here is what the company has reported:
- Gains: $ 2.60 per share against $ 2.20 per share LSEG estimate
- Income: 17.74 billion dollars against 16.58 billion dollars expected
The company said the profits increased by 26% to $ 4.32 billion, or $ 2.60 per share, while revenues increased by 17% to a record of $ 17.74 billion.
The exchanges on the shares were out of competition this quarter, because revenues jumped 45% to $ 4.13 billion, or about $ 840 million more than the estimate of Streetaccount.
Morgan Stanley said that its equity results were strong in all its franchise, but in particular in Asia and in the operations aimed at Hedge Funds “driven by a strong activity of customers in a more volatile commercial environment”.
Elsewhere, the company mainly met expectations.
Fixed income trading increased by 5% to $ 2.6 billion, mainly corresponding to the Streetaccount estimate. The investment bank increased by 8% to 1.56 billion dollars, a little less the estimate of $ 1.61 billion.
Heritage management income jumped 6% to 7.33 billion dollars, corresponding to the estimate.
Morgan Stanley’s actions, like those of his peers, have whipped in recent days because President Donald Trump’s trade policies have raised fears that the United States was moving towards a recession.
The massive activity of the bank’s wealth management was helped by high stock market values in the first quarter, which inflates the management costs it collects.
Analysts will want to ask questions about the perspectives of mergers and lists of Introduction on the stock market, which can be reduced in the midst of tensions.