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MORGAN STANLEY

For the period ended Jun 30, 2024. Filed Aug 5, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 5, 2024

MS$187.10+3.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Business Segments

Substantially all of our operating revenues and operating expenses are directly attributable to our business segments. Certain revenues and expenses have been allocated to each business segment, generally in proportion to its respective net revenues, non-interest expenses or other relevant measures. See Note 19 to the financial statements for segment net revenues by income statement line item and information on intersegment transactions.

For an overview of the components of our business segments, net revenues, compensation expense and income taxes, see “Management’s Discussion and Analysis of Financial

Condition and Results of Operations—Business Segments” in the 2023 Form 10-K.

10June 2024 Form 10-Q

Table of Contents

Management’s Discussion and Analysis

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.