The earnings call highlighted Morgan Stanley's strong performance in wealth management and positive long-term inflows in investment management, while acknowledging challenges in investment banking and fixed income underwriting due to market volatility and macroeconomic uncertainty.
Company Guidance -
Q3 2025
During Morgan Stanley's second quarter 2025 earnings call, the firm reported strong financial performance with $16.8 billion in revenue, $2.13 earnings per share (EPS), and an 18.2% return on tangible common equity (ROTCE). Total client assets across Wealth and Investment Management grew to $8.2 trillion, with a target to exceed $10 trillion. The Wealth Management division posted a record profit before tax of $2.2 billion on margins exceeding 28%, alongside strong net new assets of $59 billion and fee-based flows of $43 billion. Institutional Securities revenues were $7.6 billion, driven by the equities markets business generating $3.7 billion. Investment Banking revenues totaled $1.5 billion, with a notable rebound in equity underwriting. The firm’s CET1 ratio was 15%, providing flexibility for capital deployment, including a $1 per share dividend, stock buybacks, and strategic investments. Looking ahead, Morgan Stanley remains optimistic about market conditions and regulatory reforms, focusing on generating durable returns and leveraging its integrated business model for growth.
Record Client Assets
Total client assets across Wealth and Investment Management climbed to over $8.2 trillion, moving toward the target to exceed $10 trillion.
Strong Wealth Management Profits
Wealth Management profits before tax reached a record $2.2 billion with margins exceeding 28%.
Robust Equity Revenues
The equities markets business achieved a top line of $3.7 billion, driven by strong client engagement and market activity.
Positive Investment Management Flows
Investment Management generated positive long-term net inflows of $11 billion in the second quarter.
High Return on Tangible Equity
Morgan Stanley reported an 18.2% return on tangible equity for the quarter.
Morgan Stanley (DE:DWD) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:DWD Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jul 16, 2025
€122.07
€115.31
-5.53%
Apr 11, 2025
€93.69
€91.64
-2.20%
Jan 16, 2025
€123.71
€128.15
+3.59%
Oct 16, 2024
€100.74
€107.30
+6.51%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Morgan Stanley (DE:DWD) report earnings?
Morgan Stanley (DE:DWD) is schdueled to report earning on Oct 15, 2025, Before Open (Confirmed).
What is Morgan Stanley (DE:DWD) earnings time?
Morgan Stanley (DE:DWD) earnings time is at Oct 15, 2025, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.