Morgan Stanley's report and shares
US financial conglomerate Morgan Stanley (NYSE: MS) today released its Q1 2022 results report.
As for Morgan Stanley shares, the company closed at $83.93 in yesterday's trading, adding +0.24%. The maximum value per share was US$84.25 and the minimum value was US$82.78.
Also, over the last five days, the company's shares added +1.51%.
The 52-week high for the company is US$109.73 and the 52-week low is US$76.25.
Morgan Stanley has a market capitalisation of US$147.75 billion.
Report from the financial conglomerate
In its report, the company reported net income of US$14.801 billion. However, last year in the same quarter the company reported net revenues of 15.7 billion USD.
The standardised Common Equity Tier 1 capital ratio was 14.5 per cent.
Also, the company said: "Institutional securities net revenues of US$7.7 billion show strong performance in equities and fixed income due to continued strong client participation in volatile markets, as well as advisory services due to the high number of completed mergers and acquisitions."
Wealth Management posted a pre-tax margin of 26.5%.
The firm delivered a Return on tangible equity (ROTE) of 19.8% in a volatile and uncertain market environment.
Morgan Stanley was founded in 1935 and is headquartered in New York.
Board of Directors:
James Gorman - Chairman and CEO;
Elizabeth Corley - Director;
Alistair Darling - Director;
Thomas Glocer - Director;
Robert Herz - Director;
Nobuyuki Hirano - Director;
Erika James - Director;
Hironori Kamezawa - Director;
Shelley Leibowitz - Director;
Stephen Luczo - Director;
Jami Miscik - Director;
Dennis Nally - Director;
Mary Schapiro - Director;
Perry Traquina - Director;
Rayford Wilkins - Director.
You can read the company's full report here.