Morgan Stanley Profit Rises 7% in Third Quarter -- WSJ

By Jasmine Li

Morgan Stanley beat expectations, posting a profit of $4.97 billion in the third quarter, or $3.03 per share, up 7% from a year earlier.

Revenue rose 12% from a year earlier to $20.34 billion.

Analysts polled by FactSet had expected profit of $2.93 a share on revenue of $19.93 billion.

-- Investment banking revenue grew 2% to $2.16 billion.

-- Wealth-management revenue increased 10% to $9.07 billion, a record high.

-- Equities revenue rose 41% to $5.79 billion.

-- Fixed income revenue fell 7% to $2.01 billion.

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(END) Dow Jones Newswires

October 14, 2026 07:46 ET (11:46 GMT)