10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MORGAN STANLEY | |||
Ticker: MS Fiscal Year: 2019 | |||
Consolidated Income Statements | |||
Period Ending Dec 31, 2019 10-K (Filed: Feb 27, 2020) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
| Revenues | |||
| Investment banking | $ 6,163 | 6,482 | 6,003 |
| Trading | 11,095 | 11,551 | 11,116 |
| Investments | 1,540 | 437 | 820 |
| Commissions and fees | 3,919 | 4,190 | 4,061 |
| Asset management | 13,083 | 12,898 | 11,797 |
| Other | 925 | 743 | 848 |
| Total non-interest revenues | 36,725 | 36,301 | 34,645 |
| Interest income | 17,098 | 13,892 | 8,997 |
| Interest expense | 12,404 | 10,086 | 5,697 |
| Net interest | 4,694 | 3,806 | 3,300 |
| Net revenues | 41,419 | 40,107 | 37,945 |
| Non-interest expenses | |||
| Compensation and benefits | 18,837 | 17,632 | 17,166 |
| Occupancy and equipment | 1,428 | 1,391 | 1,329 |
| Brokerage, clearing and exchange fees | 2,493 | 2,393 | 2,093 |
| Information processing and communications | 2,194 | 2,016 | 1,791 |
| Marketing and business development | 660 | 691 | 609 |
| Professional services | 2,137 | 2,265 | 2,169 |
| Other | 2,369 | 2,482 | 2,385 |
| Total non-interest expenses | 30,118 | 28,870 | 27,542 |
| Income from continuing operations before income taxes | 11,301 | 11,237 | 10,403 |
| Provision for income taxes | 2,064 | 2,350 | 4,168 |
| Income from continuing operations | 9,237 | 8,887 | 6,235 |
| Income (loss) from discontinued operations, net of income taxes | 0 | (4) | (19) |
| Net income | 9,237 | 8,883 | 6,216 |
| Net income applicable to noncontrolling interests | 195 | 135 | 105 |
| Net income applicable to Morgan Stanley | 9,042 | 8,748 | 6,111 |
| Preferred stock dividends and other | 530 | 526 | 523 |
| Earnings applicable to Morgan Stanley common shareholders | 8,512 | 8,222 | 5,588 |
| Earnings per basic common share | |||
| Income from continuing operations (USD per share) | 5.26 | 4.81 | 3.15 |
| Income (loss) from discontinued operations (USD per share) | 0.00 | 0.00 | (0.01) |
| Earnings per basic common share (USD per share) | 5.26 | 4.81 | 3.14 |
| Earnings per diluted common share | |||
| Income from continuing operations (USD per share) | 5.19 | 4.73 | 3.08 |
| Income (loss) from discontinued operations (USD per share) | 0.00 | 0.00 | (0.01) |
| Earnings per diluted common share (USD per share) | 5.19 | 4.73 | 3.07 |
| Average common shares outstanding | |||
| Basic (shares) | 1,617 | 1,708 | 1,780 |
| Diluted (shares) | 1,640 | 1,738 | 1,821 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MORGAN STANLEY | |||
Ticker: MS Fiscal Year: 2019 | |||
Consolidated Comprehensive Income Statements | |||
Period Ending Dec 31, 2019 10-K (Filed: Feb 27, 2020) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
| Net income | $ 9,237 | 8,883 | 6,216 |
| Other comprehensive income (loss), net of tax: | |||
| Foreign currency translation adjustments | 3 | (90) | 251 |
| Change in net unrealized gains (losses) on available-for-sale securities | 1,137 | (272) | 41 |
| Pension, postretirement and other | (66) | 137 | (117) |
| Change in net debt valuation adjustment | (1,639) | 1,517 | (588) |
| Total other comprehensive income (loss) | (565) | 1,292 | (413) |
| Comprehensive income | 8,672 | 10,175 | 5,803 |
| Net income applicable to noncontrolling interests | 195 | 135 | 105 |
| Other comprehensive income (loss) applicable to noncontrolling interests | (69) | 87 | 4 |
| Comprehensive income applicable to Morgan Stanley | 8,546 | 9,953 | 5,694 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MORGAN STANLEY | |||
Ticker: MS Fiscal Year: 2019 | |||
Consolidated Cash Flow Statements | |||
Period Ending Dec 31, 2019 10-K (Filed: Feb 27, 2020) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
| Cash flows from operating activities | |||
| Net income | $ 9,237 | 8,883 | 6,216 |
| Adjustments to reconcile net income to net cash provided by (used for) operating activities: | |||
| Deferred income taxes | 165 | 449 | 2,747 |
| Stock-based compensation expense | 1,153 | 920 | 1,026 |
| Depreciation and amortization | 2,643 | 1,844 | 1,753 |
| Provision for (Release of) credit losses on lending activities | 162 | (15) | 29 |
| Other operating adjustments | (195) | 199 | 153 |
| Changes in assets and liabilities: | |||
| Trading assets, net of Trading liabilities | (13,668) | 23,732 | (27,588) |
| Securities borrowed | 9,764 | 7,697 | 1,226 |
| Securities loaned | (3,402) | (1,684) | (2,252) |
| Customer and other receivables and other assets | 233 | (728) | (9,315) |
| Customer and other payables and other liabilities | 19,942 | (13,063) | 2,007 |
| Securities purchased under agreements to resell | 10,298 | (14,264) | 17,697 |
| Securities sold under agreements to repurchase | 4,441 | (6,665) | 1,796 |
| Net cash provided by (used for) operating activities | 40,773 | 7,305 | (4,505) |
| Cash flows from investing activities | |||
| Other assetsPremises, equipment and software, net | (1,826) | (1,865) | (1,629) |
| Changes in loans, net | (17,359) | (8,794) | (12,125) |
| Investment securities: | |||
| Purchases | (42,586) | (27,800) | (23,962) |
| Proceeds from sales | 17,151 | 3,208 | 18,131 |
| Proceeds from paydowns and maturities | 12,012 | 12,668 | 7,445 |
| Other investing activities | (953) | (298) | (251) |
| Net cash provided by (used for) investing activities | (33,561) | (22,881) | (12,391) |
| Cash flows from financing activities | |||
| Other secured financings | 3,695 | (1,226) | (1,573) |
| Deposits | 2,513 | 28,384 | 3,573 |
| Proceeds from: | |||
| Issuance of preferred stock, net of issuance costs | 497 | 0 | 994 |
| Issuance of Borrowings | 30,605 | 40,059 | 55,416 |
| Payments for: | |||
| Borrowings | (40,548) | (34,781) | (35,825) |
| Repurchases of common stock and employee tax withholdings | (5,954) | (5,566) | (4,292) |
| Cash dividends | (2,627) | (2,375) | (2,085) |
| Other financing activities | (147) | (290) | 53 |
| Net cash provided by (used for) financing activities | (11,966) | 24,205 | 16,261 |
| Effect of exchange rate changes on cash and cash equivalents | (271) | (1,828) | 3,670 |
| Net increase (decrease) in cash and cash equivalents | (5,025) | 6,801 | 3,035 |
| Cash and cash equivalents, at beginning of period | 87,196 | 80,395 | |
| Cash and cash equivalents, at end of period | 82,171 | 87,196 | 80,395 |
| Cash and cash equivalents: | |||
| Cash and due from banks | 4,293 | 30,541 | 24,816 |
| Interest bearing deposits with banks | 45,366 | 21,299 | 21,348 |
| Restricted cash | 32,512 | 35,356 | 34,231 |
| Supplemental Disclosure of Cash Flow Information | |||
| Cash payments for interest | 12,511 | 9,977 | 5,377 |
| Cash payments for income taxes, net of refunds | 1,908 | 1,377 | 1,390 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
MORGAN STANLEY | ||
Ticker: MS Fiscal Year: 2019 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2019 10-K (Filed: Feb 27, 2020) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2019 | Dec 31, 2018 | |
| Assets | ||
| Cash and due from banks | $ 4,293 | 30,541 |
| Interest bearing deposits with banks | 45,366 | 21,299 |
| Restricted cash | 32,512 | 35,356 |
| Trading assets at fair value ($128,386 and $120,437 were pledged to various parties) | 297,110 | 266,299 |
| Investment securities (includes $62,223 and $61,061 at fair value) | 105,725 | 91,832 |
| Securities purchased under agreements to resell (includes $4 and $ at fair value) | 88,224 | 98,522 |
| Securities borrowed | 106,549 | 116,313 |
| Customer and other receivables | 55,646 | 53,298 |
| Held for investment (net of allowance of $349 and $238) | 118,060 | 99,815 |
| Held for sale | 12,577 | 15,764 |
| Goodwill | 7,143 | 6,688 |
| Intangible assets (net of accumulated amortization of $3,204 and $2,877) | 2,107 | 2,163 |
| Other assets | 20,117 | 15,641 |
| Total assets | 895,429 | 853,531 |
| Liabilities | ||
| Deposits (includes $2,099 and $442 at fair value) | 190,356 | 187,820 |
| Trading liabilities at fair value | 133,356 | 126,747 |
| Securities sold under agreements to repurchase (includes $733 and $812 at fair value) | 54,200 | 49,759 |
| Securities loaned | 8,506 | 11,908 |
| Other secured financings (includes $7,809 and $5,245 at fair value) | 14,698 | 9,466 |
| Customer and other payables | 197,834 | 179,559 |
| Other liabilities and accrued expenses | 21,155 | 17,204 |
| Borrowings (includes $64,461 and $51,184 at fair value) | 192,627 | 189,662 |
| Total liabilities | 812,732 | 772,125 |
| Commitments and contingent liabilities (see Note 13) | ||
| Equity | ||
| Preferred stock | 8,520 | 8,520 |
| Common stock | 20 | 20 |
| Additional paid-in capital | 23,935 | 23,794 |
| Retained earnings | 70,589 | 64,175 |
| Employee stock trusts | 2,918 | 2,836 |
| Accumulated other comprehensive income (loss) | (2,788) | (2,292) |
| Common stock held in treasury at cost, $0.01 par value (444,920,299 and 339,065,036 shares) | (18,727) | (13,971) |
| Common stock issued to employee stock trusts | (2,918) | (2,836) |
| Total Morgan Stanley shareholders equity | 81,549 | 80,246 |
| Noncontrolling interests | 1,148 | 1,160 |
| Total equity | 82,697 | 81,406 |
| Total liabilities and equity | 895,429 | 853,531 |
| External Links | |
| MORGAN STANLEY (MS) Fiscal Year 2019 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |