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Net income attributable to shareholders also rose 1.4 times to $14.566 billion. Diluted earnings per share were $8.03, compared with $6.46 in 2020. Morgan Stanley's consolidated net revenue for the period reached $59.755 billion, up 23 per cent year-on-year. The release notes that the net income and net revenue figures were record-breaking.
Morgan Stanley's fourth-quarter 2021 net income rose 9.2% to $3.696 billion. Net income attributable to shareholders rose 10% to $3.592 billion.
Diluted earnings per share for last quarter were $2.01, compared with $1.81 a year earlier, and adjusted earnings were $2.08, while analysts had expected $1.94. Revenue rose 7% year on year to $14.524 billion, slightly worse than analysts' forecast of $14.56 billion.
source: cnbc.com
Morgan Stanley's fourth-quarter 2021 net income rose 9.2% to $3.696 billion. Net income attributable to shareholders rose 10% to $3.592 billion.
Diluted earnings per share for last quarter were $2.01, compared with $1.81 a year earlier, and adjusted earnings were $2.08, while analysts had expected $1.94. Revenue rose 7% year on year to $14.524 billion, slightly worse than analysts' forecast of $14.56 billion.
source: cnbc.com