Morgan Stanley Stock Price, News & Analysis

Morgan Stanley announced the appointment of 184 new Managing Directors, enhancing its leadership team across various divisions. The appointments reflect the firm's commitment to fostering talent and promoting individuals who have demonstrated exceptional performance. This strategic move aims to strengthen client relationships and improve service delivery. The newly appointed directors bring diverse expertise and experiences, which are expected to contribute positively to the company's growth and operational effectiveness.

Morgan Stanley reported 4Q 2022 net revenues of $12.7 billion, down from $14.5 billion year-over-year. Net income was $2.2 billion or $1.26 per diluted share, a decline from $3.7 billion or $2.01 per share in the same quarter last year. For the full year, revenues totaled $53.7 billion, compared to $59.8 billion in 2021, with net income of $11.0 billion ($6.15 per share), down from $15.0 billion. Key challenges included a 49% drop in Investment Banking revenues due to a tough macroeconomic environment. Despite challenges, the firm maintains a strong capital position, repurchasing $10 billion of shares.

Morgan Stanley (NYSE: MS) announced dividends for its preferred stock series, payable on January 17, 2023, to shareholders recorded as of December 30, 2022. The dividend amounts are as follows: Floating Rate Series A - $305.33, Series C - $25.00, Series E - $445.31, Series F - $429.69, Series I - $398.44, Series K - $365.63, Series L - $304.69, Series O - $265.63, and Series P - $406.25.

E*TRADE, a subsidiary of Morgan Stanley, announced the elimination of trade commissions and early redemption fees for all online mutual fund trades effective December 12, 2022. This initiative expands E*TRADE's $0 commission offerings, now including over 6,500 commission-free mutual funds. E*TRADE aims to enhance client experience by providing access to Morgan Stanley's global research and improving its robo-advice services. The move is seen as a strategic integration within the Morgan Stanley Wealth Management ecosystem, highlighting E*TRADE's innovation in the financial services sector.

Morgan Stanley at Work has announced significant updates to its stock plan platforms, Equity Edge Online and Shareworks. These enhancements aim to improve user engagement for corporate clients and participants. Key features include the ability to gift vested shares, a fractional shares withholding option to cover tax liabilities, personalized vesting videos, and expanded translation capabilities for plan administrators. These updates are designed to streamline the management of financial benefits across a comprehensive ecosystem of equity compensation and retirement solutions, reinforcing Morgan Stanley's commitment to client engagement.

Morgan Stanley at Work released findings showing that 401(k) plan design is key to attracting and retaining talent amid a tightening job market. Survey results indicate that access to a Financial Advisor significantly boosts employee participation rates, with 80% of fully participating plans having one. Features such as auto-enrollment and tailored financial education also enhance engagement. As the economic landscape shifts, plan sponsors are prioritizing flexible, well-designed retirement solutions to support their workforce.

Morgan Stanley (NYSE: MS) will report its fourth quarter 2022 financial results on January 17, 2023, at approximately 7:30 a.m. (ET). A conference call to discuss these results is scheduled for the same day at 8:30 a.m. (ET). Investors and interested parties can access the live and on-demand webcast on Morgan Stanley's website in the Investor Relations section. Morgan Stanley is a premier global financial services firm offering investment banking, securities, wealth management, and investment management services.