Morgan Stanley Analyst Sees Demand For Strategic Advice, Although Tariff Talks May Cause Uncertainty, Market Swings

Morgan Stanley (NYSE:MS) reported a first-quarter 2025 EPS of $2.60, up from $2.02 a year ago, beating the consensus of $2.21. Net earnings increased to $4.16 billion from $3.14 billion.

The U.S. bank reported first-quarter revenue of $17.74 billion, up 17% year over year, beating the consensus of $16.57 billion.

Morgan Stanley’s provision for credit losses jumped to $135 million, primarily driven by growth in secured lending facilities and the corporate loan portfolio, as well as the impact of a weakening macroeconomic forecast.

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A Citizens analyst writes, “Overall, we were encouraged by management’s outlook, which we believe was more balanced than some might have thought heading into results, not to mention some natural hedges ...