1/19, 1:35 PM (Source: TeleTrader)
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Morgan Stanley: Revenue at $14.5B in Q4, up 7% YoY

Morgan Stanley announced on Wednesday that its net revenues came in at $14.5 billion in the fourth quarter of fiscal 2021, increasing 6.8% from the same period a year earlier. Earnings per diluted share rose 11% to $2.01 in the last trimester, while net income applicable to the company reached $3.7 billion after a 9% year-on-year growth.

According to results from the entire 2021, net revenues, net income, and earnings per diluted share rose by 23%, 37% and 24% compared to the full prior year to $59.8 billion, $15 billion and $8.03, respectively.

The investment bank's shares gained 0.94% in premarket trade after the report was released.

Baha Breaking News (BBN) / MS