Net income applicable to Morgan Stanley was $3.5 billion or $2.13 per share in the second quarter, compared to $3.08 billion or $1.82 per share in the same period a year ago. Earnings topped expectations. The company delivered an ROTCE of 18.2% in the second quarter and 20.6% for the first half of FY25.
“We announced an increase of our quarterly common stock dividend to $1.00 per share with flexibility to deploy incremental capital. The management team is executing across the Integrated Firm, acting as a trusted advisor to clients and driving durable growth and long-term returns for our shareholders,” Morgan Stanley’s CEO Ted Pick said.