Morgan Stanley Profit Rises 7% in Third Quarter -- WSJ
Dow Jones2026/10/14 11:46By 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.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
October 14, 2026 07:46 ET (11:46 GMT)
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