2020 Quarter | ||||||||||||||
$ in millions, except per share data | First | Second | Third | Fourth1, 2 | ||||||||||
Total non-interest revenues | $ | 8,131 | $ | 11,814 | $ | 10,171 | $ | 11,769 | ||||||
Net interest | 1,356 | 1,600 | 1,486 | 1,871 | ||||||||||
Net revenues | 9,487 | 13,414 | 11,657 | 13,640 | ||||||||||
Total non-interest expenses | 7,341 | 9,059 | 8,170 | 9,210 | ||||||||||
Income from continuing operations before income taxes | 2,146 | 4,355 | 3,487 | 4,430 | ||||||||||
Provision for income taxes | 366 | 1,119 | 736 | 1,018 | ||||||||||
Net income | 1,780 | 3,236 | 2,751 | 3,412 | ||||||||||
Net income applicable to noncontrolling interests | 82 | 40 | 34 | 27 | ||||||||||
Net income applicable to Morgan Stanley | $ | 1,698 | $ | 3,196 | $ | 2,717 | $ | 3,385 | ||||||
Preferred stock dividends and other | 108 | 149 | 120 | 119 | ||||||||||
Earnings applicable to Morgan Stanley common shareholders | $ | 1,590 | $ | 3,047 | $ | 2,597 | $ | 3,266 | ||||||
Earnings (loss) per common share4: | ||||||||||||||
Basic | $ | 1.02 | $ | 1.98 | $ | 1.68 | $ | 1.84 | ||||||
Diluted | $ | 1.01 | $ | 1.96 | $ | 1.66 | $ | 1.81 | ||||||
Dividends declared per common share | $ | 0.35 | $ | 0.35 | $ | 0.35 | $ | 0.35 | ||||||
Book value per common share | $ | 49.09 | $ | 49.57 | $ | 50.67 | $ | 51.13 |
2019 Quarter | ||||||||||||||
$ in millions, except per share data | First | Second | Third | Fourth1, 2,3 | ||||||||||
Total non-interest revenues | $ | 9,272 | $ | 9,215 | $ | 8,814 | $ | 9,424 | ||||||
Net interest | 1,014 | 1,029 | 1,218 | 1,433 | ||||||||||
Net revenues | 10,286 | 10,244 | 10,032 | 10,857 | ||||||||||
Total non-interest expenses | 7,331 | 7,341 | 7,322 | 8,124 | ||||||||||
Income from continuing operations before income taxes | 2,955 | 2,903 | 2,710 | 2,733 | ||||||||||
Provision for income taxes | 487 | 657 | 492 | 428 | ||||||||||
Net income | 2,468 | 2,246 | 2,218 | 2,305 | ||||||||||
Net income applicable to noncontrolling interests | 39 | 45 | 45 | 66 | ||||||||||
Net income applicable to Morgan Stanley | $ | 2,429 | $ | 2,201 | $ | 2,173 | $ | 2,239 | ||||||
Preferred stock dividends and other | 93 | 170 | 113 | 154 | ||||||||||
Earnings applicable to Morgan Stanley common shareholders | $ | 2,336 | $ | 2,031 | $ | 2,060 | $ | 2,085 | ||||||
Earnings (loss) per common share4: | ||||||||||||||
Basic | $ | 1.41 | $ | 1.24 | $ | 1.28 | $ | 1.33 | ||||||
Diluted | $ | 1.39 | $ | 1.23 | $ | 1.27 | $ | 1.30 | ||||||
Dividends declared per common share | $ | 0.30 | $ | 0.30 | $ | 0.35 | $ | 0.35 | ||||||
Book value per common share | $ | 42.83 | $ | 44.13 | $ | 45.49 | $ | 45.82 |
2020 Quarter | ||||||||||||||
$ in millions, except per share data | First | Second | Third | Fourth1, 2 | ||||||||||
Total non-interest revenues | $ | 8,131 | $ | 11,814 | $ | 10,171 | $ | 11,769 | ||||||
Net interest | 1,356 | 1,600 | 1,486 | 1,871 | ||||||||||
Net revenues | 9,487 | 13,414 | 11,657 | 13,640 | ||||||||||
Total non-interest expenses | 7,341 | 9,059 | 8,170 | 9,210 | ||||||||||
Income from continuing operations before income taxes | 2,146 | 4,355 | 3,487 | 4,430 | ||||||||||
Provision for income taxes | 366 | 1,119 | 736 | 1,018 | ||||||||||
Net income | 1,780 | 3,236 | 2,751 | 3,412 | ||||||||||
Net income applicable to noncontrolling interests | 82 | 40 | 34 | 27 | ||||||||||
Net income applicable to Morgan Stanley | $ | 1,698 | $ | 3,196 | $ | 2,717 | $ | 3,385 | ||||||
Preferred stock dividends and other | 108 | 149 | 120 | 119 | ||||||||||
Earnings applicable to Morgan Stanley common shareholders | $ | 1,590 | $ | 3,047 | $ | 2,597 | $ | 3,266 | ||||||
Earnings (loss) per common share4: | ||||||||||||||
Basic | $ | 1.02 | $ | 1.98 | $ | 1.68 | $ | 1.84 | ||||||
Diluted | $ | 1.01 | $ | 1.96 | $ | 1.66 | $ | 1.81 | ||||||
Dividends declared per common share | $ | 0.35 | $ | 0.35 | $ | 0.35 | $ | 0.35 | ||||||
Book value per common share | $ | 49.09 | $ | 49.57 | $ | 50.67 | $ | 51.13 |
2019 Quarter | ||||||||||||||
$ in millions, except per share data | First | Second | Third | Fourth1, 2,3 | ||||||||||
Total non-interest revenues | $ | 9,272 | $ | 9,215 | $ | 8,814 | $ | 9,424 | ||||||
Net interest | 1,014 | 1,029 | 1,218 | 1,433 | ||||||||||
Net revenues | 10,286 | 10,244 | 10,032 | 10,857 | ||||||||||
Total non-interest expenses | 7,331 | 7,341 | 7,322 | 8,124 | ||||||||||
Income from continuing operations before income taxes | 2,955 | 2,903 | 2,710 | 2,733 | ||||||||||
Provision for income taxes | 487 | 657 | 492 | 428 | ||||||||||
Net income | 2,468 | 2,246 | 2,218 | 2,305 | ||||||||||
Net income applicable to noncontrolling interests | 39 | 45 | 45 | 66 | ||||||||||
Net income applicable to Morgan Stanley | $ | 2,429 | $ | 2,201 | $ | 2,173 | $ | 2,239 | ||||||
Preferred stock dividends and other | 93 | 170 | 113 | 154 | ||||||||||
Earnings applicable to Morgan Stanley common shareholders | $ | 2,336 | $ | 2,031 | $ | 2,060 | $ | 2,085 | ||||||
Earnings (loss) per common share4: | ||||||||||||||
Basic | $ | 1.41 | $ | 1.24 | $ | 1.28 | $ | 1.33 | ||||||
Diluted | $ | 1.39 | $ | 1.23 | $ | 1.27 | $ | 1.30 | ||||||
Dividends declared per common share | $ | 0.30 | $ | 0.30 | $ | 0.35 | $ | 0.35 | ||||||
Book value per common share | $ | 42.83 | $ | 44.13 | $ | 45.49 | $ | 45.82 |