Morgan Stanley reported decent third-quarter results, with $20.3 billion in revenue and $3.03 in diluted EPS narrowly edging S&P consensus estimates. Shares fell by roughly 3% after the release as investors continue to debate the durability of the current capital markets cycle.
The ability to harness technology investments to improve service levels and lower costs across even sprawling banking footprints could drive meaningful market share capture by the largest global banks.
After a near-term uptick, equity underwriting volumes could remain perpetually lower, given the high costs of being a public company, disproportionately impacting equity underwriting leaders like Morgan Stanley.
|
Metric
|
MS
|
BAC
|
JPM
|
|---|---|---|---|
Price/Earnings (Normalized) | 14.33 | 12.17 | 14.12 |
Price/Book Value | 2.66 | 1.32 | 2.57 |
Price/Sales | 3.80 | 3.07 | 4.64 |
Price/Cash Flow | 10.15 | 7.54 | 10.44 |
|
Metric
|
MS
|
BAC
|
JPM
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
|
Metric
|
MS
|
BAC
|
JPM
|
|---|---|---|---|
Return on Assets (Normalized) | — | — | — |
Return on Equity (Normalized) | — | — | — |
Return on Invested Capital (Normalized) | — | — | — |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| The Goldman Sachs Group Inc
GS
| LOCK|Xn?&?z | LOCK|Vp | $257B | |||
| Charles Schwab Corp
SCHW
| LOCK|%PTP$gh | LOCK|?< | $159B | |||
| Robinhood Markets Inc Class A
HOOD
| LOCK|<J?#!j | LOCK|?^vB | $89B | |||
| Interactive Brokers Group Inc Class A
IBKR
| LOCK|zR#KcH | LOCK|H% | $37B | |||
| LPL Financial Holdings Inc
LPLA
| LOCK|dBZTs%L | LOCK|Bm | $25B | |||
| Tradeweb Markets Inc
TW
| LOCK|&?H#t@>T | LOCK|t< | $24B | |||
| IREN Ltd
IREN
| LOCK|L$Lp#Q$ | LOCK|#zN | $11B | |||
| Jefferies Financial Group Inc
JEF
| LOCK|GZX<>F | LOCK|rs# | $10B | |||
| Stifel Financial Corp
SF
| LOCK|@cG>$? | LOCK|vQLj< | $10B |
United States