Morgan Stanley's net revenue for the first quarter was $17.7 billion, estimated at $16.56 billion
Morgan Stanley's net revenue for the first quarter was $17.7 billion, exceeding the estimated $16.56 billion. Earnings per share were $2.60, net interest income was $2.35 billion, revenue from stock sales and trading was $4.13 billion, and wealth management net revenue was $7.3 billion. Non-interest expenses were $12.06 billion, compensation expenses were $7.52 billion, and bad debt provisions were $135 million. U.S. stocks rose nearly 3% in pre-market trading
Morgan Stanley's earnings per share for the first quarter were $2.60; revenue from stock sales and trading in the first quarter was $4.13 billion. Morgan Stanley's stock rose nearly 3% in pre-market trading.
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