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: 2020 | |||
Consolidated Income Statements | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 26, 2021) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
| Revenues | |||
| Investment banking | $ 7,674 | 6,163 | 6,482 |
| Trading | 13,992 | 11,095 | 11,551 |
| Investments | 986 | 1,540 | 437 |
| Commissions and fees | 4,851 | 3,919 | 4,190 |
| Asset management | 14,272 | 13,083 | 12,898 |
| Other | 110 | 925 | 743 |
| Total non-interest revenues | 41,885 | 36,725 | 36,301 |
| Interest income | 10,162 | 17,098 | 13,892 |
| Interest expense | 3,849 | 12,404 | 10,086 |
| Net interest | 6,313 | 4,694 | 3,806 |
| Net revenues | 48,198 | 41,419 | 40,107 |
| Non-interest expenses | |||
| Compensation and benefits | 20,854 | 18,837 | 17,632 |
| Brokerage, clearing and exchange fees | 2,929 | 2,493 | 2,393 |
| Information processing and communications | 2,465 | 2,194 | 2,016 |
| Professional services | 2,205 | 2,137 | 2,265 |
| Occupancy and equipment | 1,559 | 1,428 | 1,391 |
| Marketing and business development | 434 | 660 | 691 |
| Other | 3,334 | 2,369 | 2,482 |
| Total non-interest expenses | 33,780 | 30,118 | 28,870 |
| Income before provision for income taxes | 14,418 | 11,301 | 11,237 |
| Provision for income taxes | 3,239 | 2,064 | 2,350 |
| Income from continuing operations | 11,179 | 9,237 | 8,887 |
| Income (loss) from discontinued operations, net of income taxes | 0 | 0 | (4) |
| Net income | 11,179 | 9,237 | 8,883 |
| Net income applicable to noncontrolling interests | 183 | 195 | 135 |
| Net income applicable to Morgan Stanley | 10,996 | 9,042 | 8,748 |
| Preferred stock dividends and other | 496 | 530 | 526 |
| Earnings applicable to Morgan Stanley common shareholders | 10,500 | 8,512 | 8,222 |
| Earnings per common share | |||
| Earnings per common share - basic (USD per share) | 6.55 | 5.26 | 4.81 |
| Earnings per common share - diluted (USD per share) | 6.46 | 5.19 | 4.73 |
| Average common shares outstanding | |||
| Basic (shares) | 1,603 | 1,617 | 1,708 |
| Diluted (shares) | 1,624 | 1,640 | 1,738 |
| External Links | |
| MORGAN STANLEY (MS) Fiscal Year 2020 | |
| 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 |