Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    European Markets Climb as Trump Moves to Cut Tariffs on Auto Parts

    May 1, 2025

    Smart and Risky Spots To Store Your Cash, Coins, Crypto, and More

    April 24, 2025

    Hooters Declares Bankruptcy

    April 8, 2025
    Facebook X (Twitter) Instagram
    Friday, May 9
    X (Twitter) Instagram
    NinepenniesNinepennies
    • Home
    • Featured

      The Highest-Paying Jobs in America—And It’s Not in Finance!

      March 27, 2025

      7 Must-Buy Costco Sale Items Before They’re Gone This February 

      February 10, 2025

      Steel Stocks on the Rise: 3 Winners After Tariff Announcements

      February 4, 2025

      The Best Oil Stocks to Invest $200 in Right Now

      January 28, 2025

      Top 10 Best Jobs of the Year: High Demand, Six-Figure Salaries, and Bright Futures

      January 23, 2025
    • Entrepreneur News

      Hooters Declares Bankruptcy

      April 8, 2025

      Costco to Open 6 New U.S. Stores Next Month and Another in April—See the Locations and Dates

      February 28, 2025

      Vanguard Unveils Significant Changes to Hundreds of Funds and ETFs

      February 11, 2025

      Colombia’s President Directs National Oil Company to Halt US Venture

      February 7, 2025

      Walmart’s Newest Acquisition: A Pennsylvania Shopping Mall

      February 6, 2025
    • Financial Wellness

      Smart and Risky Spots To Store Your Cash, Coins, Crypto, and More

      April 24, 2025

      The Minimum Salary Needed to Be in the Upper-Middle Class in 2025

      March 21, 2025

      Should You Buy, Sell, or Hold Amazon in 2025?

      March 7, 2025

      From Hawaii to West Virginia: The Shocking 77-Year Gap in Retirement Savings Longevity

      February 24, 2025

      Are the 3 Highest-Paying Dividend Stocks in the Dow Jones Worth Buying?

      February 17, 2025
    • Popular Now

      European Markets Climb as Trump Moves to Cut Tariffs on Auto Parts

      May 1, 2025

      Robinhood Expands Trading to Include Bitcoin, Oil, and Gold Futures 

      January 30, 2025

      Powerball Winning Numbers for January 18: Oregon Player Takes Home $328.5 Million Jackpot

      January 21, 2025

      Morgan Stanley Surpasses Estimates With Robust Equities and Fixed Income Trading Revenue

      January 20, 2025

      10-Year Treasury Yield Edges Lower Amid Anticipation of Economic Data, Fed Remarks

      November 21, 2024
    • Wealth

      America’s 10 Wealthiest Self-Made Women, According to Forbes— #1 May Surprise You

      February 5, 2025

      8 Wealthiest Royals in History

      February 4, 2025

      One Powerful ETF That Grew $10,000 to $55,000 in a Decade: Is It Worth Buying in 2025?

      January 28, 2025

      Coinbase CEO Predicts Bitcoin Could Hit Multi-Million Dollar Value

      January 24, 2025

      Dogecoin Surged After Elon Musk’s Appointment: What’s Happening With This Popular Meme Coin?

      November 18, 2024
    NinepenniesNinepennies
    Home » Morgan Stanley Surpasses Estimates With Robust Equities and Fixed Income Trading Revenue
    Popular Now

    Morgan Stanley Surpasses Estimates With Robust Equities and Fixed Income Trading Revenue

    AramideBy AramideJanuary 20, 20253 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Morgan Stanley building
    Source: Pinterest
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The Income Trading Revenue at Morgan Stanley yielded impressive results. The bank made more money than expected in the fourth quarter of the financial year. This happened because its stock and bond traders performed better than experts thought they would. 

    The bank earned $2.22 per share. This topped the expected estimate of $1.70 per share. It also made $16.22 billion in revenue, which is also higher than the $15.03 billion that was expected.

    The bank said the quarterly profit it made more than doubled compared to what it made at the same time last year. The profit went as high as $3.71 billion. The figure is much better than what they had a year ago when they had extra charges from government regulations, which hurt their earnings.

    Morgan Stanley
    Source: Pinterest

    Morgan Stanley’s revenue went up by 26% to $16.22 billion because all parts of the business performed better. The bank’s biggest success came from its stock trading department. The department made a 51% increase in revenue, bringing in $3.3 billion, which is about $650 million more than what experts forecasted. This happened because more clients were active, and their business with hedge funds did really well.

    ALSO READ: Cisco to Cut 7% of Workforce Despite Beating Quarterly Earnings and Revenue Expectations 

    Their fixed-income department, which deals with bonds and commodities, also did great. The department’s revenue went up by 35% to $1.93 billion. This figure is about $250 million more than expected, thanks to more activity in credit and commodities markets.

    The investment banking department made $1.64 billion. This figure is 25% more than what the department made at the same time last year. However, the increase is exactly what experts predicted.

    Lastly, the wealth management division made a total earning of $7.48 billion, a 13% increase. This was $120 million more than what was expected. This happened because people had more assets and investments, and the bank made extra money from managing them.

    ALSO READ: Starbucks Implements Bold Strategy to Reverse Sales Slump

    Bank stocks have been doing well because there has been excitement about the possibility of more business deals happening. However, it was not the deals that helped the income trading revenue at Morgan Stanley and Goldman Sachs the most. It was their trading activities. The traders at these banks made good profits. They did this by taking advantage of the extra action in the market, especially around the time of the U.S. elections in November.

    Aside from Morgan Stanley, JPMorgan Chase, Goldman Sachs, and Citigroup did better than expected because they earned more money than people thought they would from their trading and investment services.

    Goldman Sachs JP Morgan Chase Morgan Stanley Quarterly earnings Revenue
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleWhat Is Modern Investing?
    Next Article 5 Housing Markets Poised for Significant Value Growth Before the End of 2025

    Related Posts

    Popular Now

    European Markets Climb as Trump Moves to Cut Tariffs on Auto Parts

    May 1, 2025
    General

    Robinhood Expands Trading to Include Bitcoin, Oil, and Gold Futures 

    January 30, 2025
    Popular Now

    Powerball Winning Numbers for January 18: Oregon Player Takes Home $328.5 Million Jackpot

    January 21, 2025
    Add A Comment

    Comments are closed.

    Top Posts

    How to Delete Credit Karma Account: Step-by-Step Guide

    October 14, 2024

    Home Depot Penny Items: How To Find Them

    October 17, 2024

    Introducing the 2025 Caterpillar Pickup Truck for the U.S. Market

    September 5, 2024
    Stay In Touch
    • Twitter
    • Instagram
    You Might Like

    Subscribe to Updates

    Get the latest tech news from FooBar about tech, design and biz.

    Most Popular

    How to Delete Credit Karma Account: Step-by-Step Guide

    October 14, 2024

    Home Depot Penny Items: How To Find Them

    October 17, 2024

    Introducing the 2025 Caterpillar Pickup Truck for the U.S. Market

    September 5, 2024
    Our Picks

    European Markets Climb as Trump Moves to Cut Tariffs on Auto Parts

    May 1, 2025

    Smart and Risky Spots To Store Your Cash, Coins, Crypto, and More

    April 24, 2025

    Hooters Declares Bankruptcy

    April 8, 2025
    X (Twitter) Instagram
    • Home
    • Editor’s Picks
    • About Us
    • Get In Touch
    • Privacy Policy
    • Terms of Use
    • Editorial Standards
    © 2025 Ninepennies.

    Type above and press Enter to search. Press Esc to cancel.