(CercleFinance.com) – Morgan Stanley announced net sales of $12.9 billion for the fourth quarter ended December 31, 2023, compared to $12.7 billion a year ago.
Net income was $1.5 billion, or $0.85 per diluted share, compared to $2.2 billion, or $1.26 per diluted share, for the same period last year. .
Net revenue for the full year was $54.1 billion, up from $53.7 billion a year ago.
Net income was $9.1 billion, or $5.18 per diluted share, compared with $11.0 billion, or $6.15 per diluted share, a year ago.
Ted Pick, CEO of Morgan Stanley, said: ‘In 2023, the company delivered strong ROTCE amid a mixed market environment and a number of headwinds. We begin 2024 with a clear, coherent business strategy and a unified leadership team. We are focused on achieving our long-term financial objectives and driving shareholder results.’
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