Morgan Stanley’s stock traders recorded revenue in the first quarter of the current year that exceeded analysts’ preliminary expectations, as the largest banks in the United States continue to benefit from the turbulence that has become a fact of reality against the backdrop of US President Donald Trump’s tariff policy.
Between January 1 and March 31, 2025, the mentioned lender earned $4.13 billion on stock trading. This indicator showed an increase of 45% compared to the reading recorded in the same period last year.
The bank’s closely watched wealth business saw new net assets worth $93.8 billion.
Morgan Stanley chief executive officer Ted Pick said on a conference call Friday, April 11, that the simple truth today is that it is unknown where trade policy will settle and what the actual transmission effects will be on the real economy.
The value of the financial institution’s shares has fallen by about 15% since the beginning of the current year. On Friday, this indicator showed an increase of about 1% in New York trading.
Investment banking fees rose 8% for the first three months of 2025. The advisory fees amounted to $563 million. The equity underwriting was fixed at the $319 million mark. The debt underwriting amounted to $677 million.
The net revenue of the financial institution for the first quarter of 2025 was recorded at the $17.7 billion mark. For the same period last year, the corresponding figure was $15.1 billion.
The bank’s net income for the first quarter of 2025 was recorded at the $4.3 billion mark. For the same period in 2024, this figure amounted to $3.4 billion.
As we have reported earlier, Morgan Stanley Lowers Climate Target.
