Morgan Stanley Surges on Strong Q4 Earnings, Wealth Management Hits $9.3T
Morgan Stanley shares jumped 6% intraday to $191.64 after outperforming Q4 expectations, with full-year revenue reaching $70.6 billion. The wealth management division drove results, accumulating $9.3 trillion in assets amid $356 billion of net inflows.
Investment banking showed signs of revival as M&A activity and underwriting demand improved. The firm returned capital through $4.6 billion in buybacks while maintaining a robust 15% CET1 ratio—signaling confidence in its balance sheet strength.
Trading momentum accelerated following the earnings release, reflecting renewed institutional interest in financial equities. While the report contained no direct cryptocurrency references, the risk-on sentiment could spill over into digital asset markets.