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: 2014 | |||
Consolidated Statements of Income | |||
Period Ending Dec 31, 2014 10-K (Filed: Mar 2, 2015) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | |
| Revenues: | |||
| Investment banking | $ 5,948 | 5,246 | 4,758 |
| Trading | 9,377 | 9,359 | 6,990 |
| Investments | 836 | 1,777 | 742 |
| Commissions and fees | 4,713 | 4,629 | 4,253 |
| Asset management, distribution and administration fees | 10,570 | 9,638 | 9,008 |
| Other | 1,096 | 1,066 | 632 |
| Total non-interest revenues | 32,540 | 31,715 | 26,383 |
| Interest income | 5,413 | 5,209 | 5,692 |
| Interest expense | 3,678 | 4,431 | 5,897 |
| Net interest | 1,735 | 778 | (205) |
| Net revenues | 34,275 | 32,493 | 26,178 |
| Non-interest expenses: | |||
| Compensation and benefits | 17,824 | 16,277 | 15,615 |
| Occupancy and equipment | 1,433 | 1,499 | 1,543 |
| Brokerage, clearing and exchange fees | 1,806 | 1,711 | 1,535 |
| Information processing and communications | 1,635 | 1,768 | 1,912 |
| Marketing and business development | 658 | 638 | 601 |
| Professional services | 2,117 | 1,894 | 1,922 |
| Other | 5,211 | 4,148 | 2,454 |
| Total non-interest expenses | 30,684 | 27,935 | 25,582 |
| Income from continuing operations before income taxes | 3,591 | 4,558 | 596 |
| Provision for (benefit from) income taxes | (90) | 902 | (161) |
| Income from continuing operations | 3,681 | 3,656 | 757 |
| Discontinued operations: | |||
| Income (loss) from discontinued operations | (19) | (72) | (48) |
| Provision for (benefit from) income taxes | (5) | (29) | (7) |
| Income (loss) from discontinued operations | (14) | (43) | (41) |
| Net income | 3,667 | 3,613 | 716 |
| Net income applicable to redeemable noncontrolling interests | 0 | 222 | 124 |
| Net income applicable to nonredeemable noncontrolling interests | 200 | 459 | 524 |
| Net income applicable to Morgan Stanley | 3,467 | 2,932 | 68 |
| Preferred stock dividends and other | 315 | 277 | 98 |
| Earnings (loss) applicable to Morgan Stanley common shareholders | 3,152 | 2,655 | (30) |
| Amounts applicable to Morgan Stanley: | |||
| Income from continuing operations | 3,481 | 2,975 | 138 |
| Income (loss) from discontinued operations | (14) | (43) | (70) |
| Net income applicable to Morgan Stanley | 3,467 | 2,932 | 68 |
| Earnings (loss) per basic common share: | |||
| Income from continuing operations | 1.65 | 1.42 | 0.02 |
| Net Income (loss) from discontinued operations | (0.01) | (0.03) | (0.04) |
| Earnings (loss) per basic common share | 1.64 | 1.39 | (0.02) |
| Earnings (loss) per diluted common share: | |||
| Income from continuing operations | 1.61 | 1.38 | 0.02 |
| Income (loss) from discontinued operations | (0.01) | (0.02) | (0.04) |
| Earnings (loss) per diluted common share | 1.60 | 1.36 | (0.02) |
| Dividends declared per common share | 0.35 | 0.20 | 0.20 |
| Average common shares outstanding: | |||
| Basic | 1,923,805,397 | 1,905,823,882 | 1,885,774,276 |
| Diluted | 1,970,535,560 | 1,956,519,738 | 1,918,811,270 |
| External Links | |
| MORGAN STANLEY (MS) Fiscal Year 2014 | |
| 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 |