Morgan Stanley: Q3 net income up 37% at $3.7bn
(CercleFinance.com) - Morgan Stanley today reported Q3 net revenues of 14.
8 billion dollars (period ended 30 September 2021), vs. 11.7 billion dollars a year ago.
Meanwhile, net income came in at 3.7 billion dollars over the period, or 1.98 dollar per diluted share, compared with net income of 2.7 billion dollars, or 1.66 dollar per diluted share, in the same period a year ago.
The current year's results, together with those of prior periods, benefited from the acquisitions of E*TRADE in wealth management and Eaton Vance in investment management.
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8 billion dollars (period ended 30 September 2021), vs. 11.7 billion dollars a year ago.
Meanwhile, net income came in at 3.7 billion dollars over the period, or 1.98 dollar per diluted share, compared with net income of 2.7 billion dollars, or 1.66 dollar per diluted share, in the same period a year ago.
The current year's results, together with those of prior periods, benefited from the acquisitions of E*TRADE in wealth management and Eaton Vance in investment management.
Copyright (c) 2021 CercleFinance.com. All rights reserved.