Morgan Stanley loses 2% after mixed Q3 earnings

Morgan Stanley (MS.US) revenues in Q3 was slighlty higher on yearly basis and earnings per share were not enough high to cause the optimistic reaction on the financial report. Provision for credit losses surged more than 350% y/y. Now bank shares loses 2% before the market open after revenues from wealth management and especially investment banking disappointed investors.

Revenues: 13,3 mld USD vs 13,25 mld USD expected
Earnings per share (EPS): 1,38 USD vs 1,32 USD expected

What's more revenue from the fixed-income trading (FICC) slumped 11% with lower fees from dealmaking. Finally net income dropped. Net new assets slumped to $35.7 billion from $89.5 billion the prior quarter.

Morgan Stanley revenues on y/y basis. Investment Management revenues dynamics was higher y/y with increasing AUM but it wasn't enough to boost earnings. Revenues from Fixed Income and even Investment Banking were lower y/y. US bank loans increased just by $1 milion to $145,8 million. Source: Morgan Stanley report

Morgan Stanley (MS.US) chart on W1 interval

We can see that the price of Morgan Stanley shares dropped below SMA200 on W1 (red line) and 38,2 Fibonacci retracement level of upward wave from April 2020. Levels below 78 USD per share may signalize further and longer weakness. Last time when price dropped below SMA200 was in 2020 and 2008 during GFC.

Source: xStation5

2 January 2026, 6:50 PM

Daily Summary: Massive Gains in U.S. Indices Completely Wiped Out

2 January 2026, 5:01 PM

TSMC launches 2 nm, shares rise 📈

2 January 2026, 3:23 PM

US Open: A Powerful Start to the New Year for Nasdaq!

2 January 2026, 1:19 PM

Fashion giant overshadowed by train accident near Machu Picchu 🚞

Stocks

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days

Morgan Stanley loses 2% after mixed Q3 earnings

Morgan Stanley (MS.US) chart on W1 interval

Join over 2 000 000 XTB Group Clients from around the world