MORGAN STANLEY
For the period ended Sep 30, 2024. Filed Nov 4, 2024.
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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.
Sep 30, 2024 · Filed Nov 4, 2024
MS$187.56+0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Income Statement (Unaudited)
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| in millions, except per share data | 2024 | 2023 | 2024 | 2023 |
| Revenues | ||||
| Investment banking | $1,590 | $1,048 | $4,914 | $3,533 |
| Trading | 4,002 | 3,679 | 12,985 | 11,958 |
| Investments | 315 | 144 | 609 | 384 |
| Commissions and fees | 1,294 | 1,098 | 3,704 | 3,427 |
| Asset management | 5,747 | 5,031 | 16,440 | 14,576 |
| Other | 239 | 296 | 827 | 1,036 |
| Total non-interest revenues | 13,187 | 11,296 | 39,479 | 34,914 |
| Interest income1 | 14,185 | 12,126 | 40,644 | 33,019 |
| Interest expense1 | 11,989 | 10,149 | 34,585 | 26,686 |
| Net interest | 2,196 | 1,977 | 6,059 | 6,333 |
| Net revenues | 15,383 | 13,273 | 45,538 | 41,247 |
| Provision for credit losses | 79 | 134 | 149 | 529 |
| Non-interest expenses | ||||
| Compensation and benefits | 6,733 | 5,935 | 19,889 | 18,607 |
| Brokerage, clearing and exchange fees | 1,044 | 855 | 2,960 | 2,611 |
| Information processing and communications | 1,042 | 947 | 3,029 | 2,788 |
| Professional services | 711 | 759 | 2,103 | 2,236 |
| Occupancy and equipment | 473 | 456 | 1,378 | 1,367 |
| Marketing and business development | 224 | 191 | 686 | 674 |
| Other | 856 | 851 | 2,654 | 2,718 |
| Total non-interest expenses | 11,083 | 9,994 | 32,699 | 31,001 |
| Income before provision for income taxes | 4,221 | 3,145 | 12,690 | 9,717 |
| Provision for income taxes | 995 | 710 | 2,885 | 2,028 |
| Net income | $3,226 | $2,435 | $9,805 | $7,689 |
| Net income applicable to noncontrolling interests | 38 | 27 | 129 | 119 |
| Net income applicable to Morgan Stanley | $3,188 | $2,408 | $9,676 | $7,570 |
| Preferred stock dividends | 160 | 146 | 440 | 423 |
| Earnings applicable to Morgan Stanley common shareholders | $3,028 | $2,262 | $9,236 | $7,147 |
| Earnings per common share | ||||
| Basic | $1.91 | $1.39 | $5.79 | $4.37 |
| Diluted | $1.88 | $1.38 | $5.73 | $4.33 |
| Average common shares outstanding | ||||
| Basic | 1,588 | 1,624 | 1,594 | 1,635 |
| Diluted | 1,609 | 1,643 | 1,612 | 1,653 |
- Prior period amounts have been adjusted to conform with the current period presentation. See Note 2 for additional information.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.