US EditionMorgan Stanley's third-quarter profit jumps on dealmaking boost
Morgan Stanley’s third-quarter revenue hit a record $18.2 billion driven by investment banking fees up 44% and wealth management assets nearing $9 trillion.
- On Wednesday, Morgan Stanley reported third-quarter results before the opening bell with total revenue reaching a record US$18.2-billion.
- Wall Street trading desks saw boiling activity this quarter, while equity capital markets roared back with IPOs and large deals reviving investment banking.
- Revenue from wealth management jumped to a record US$8.2-billion in the quarter, with the business adding net new assets of $81 billion and fee-based asset flows of $42 billion.
- Shares of the bank rose 2.1 per cent in premarket trading on Wednesday, reflecting investor response to total client assets reaching $8.9 trillion, nearing the $10 trillion target.
- Bankers are optimistic the momentum will continue through fourth quarter and into 2026, while rival banks including JPMorgan Chase and Goldman Sachs also benefited from a surge in M&A and IPOs.
16 Articles
16 Articles
Morgan Stanley posts biggest earnings beat in nearly 5 years with record quarterly revenue of $18.2 billion, shares up 4.7%
Morgan Stanley posted a blockbuster third-quarter earnings report on Wednesday, far surpassing analyst expectations and posting its biggest earnings beat in nearly five years. The New York-based banking giant reported record net revenues of $18.2 billion for the quarter ending September 30, 2025, up 18% from the previous year, driven by robust performance across equities trading, investment banking, and wealth management divisions. Net income su…
UPDATE 4-Morgan Stanley's profit beats estimates on boost from dealmaking, stock trading
UPDATE 4-Morgan Stanley's profit beats estimates on boost from dealmaking, stock trading Morgan Stanley's third-quarter profit beat market expectations as investment bankers brought in more fees from advising on deals and by underwriting stock and debt sales, lifting revenue to a record.Shares of the bank rose 3.6% in premarket trading on Wednesday. They have gained 23.6% this year as of the last closing price. A string of large deals pushed glo…
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