Morgan Stanley (NYSE: MS) reported its fourth quarter 2025 earnings results today.
Net revenues increased 10% year-over-year to $17.9 billion.
Net income applicable to common shareholders was $4.3 billion, or $2.68 per share, compared to $3.6 billion, or $2.22 per share, last year.
Revenue and earnings beat expectations.
The firm repurchased $1.5 billion of its outstanding common stock during the fourth quarter.
The Board of Directors declared a $1.00 quarterly dividend per share payable on February 13, 2026 to common shareholders of record on January 30, 2026.
The stock gained over 1% in premarket hours on Thursday.