Strong Revenue and EPS Growth
Morgan Stanley reported $16.8 billion in revenue and $2.13 in EPS for the second quarter, completing a strong first half of 2025 with $34.5 billion in revenue and $4.73 in EPS.
Wealth Management Achievements
Total client assets in Wealth and Investment Management climbed to over $8.2 trillion. Wealth Management profits before tax reached a record $2.2 billion on margins of over 28%, with net new assets of $59 billion.
Investment Management Growth
Investment Management generated a positive $11 billion in long-term inflows for the second quarter, with total AUM reaching a record $1.7 trillion.
Institutional Securities Performance
The Institutional franchise delivered revenues of $7.6 billion, supported by the equities markets business with $3.7 billion in revenue.
Strong Equity Underwriting
Equity underwriting revenues improved meaningfully versus the prior year, driven by broad-based strength across products.