StocksMediumUpdated×2•Originally published 14 October 2026•Updated 14 October 2026•
1 min read
Morgan Stanley Profit Rises on Equity Trading and Wealth Management Strength
Key Facts
1Morgan Stanley's profit increased driven by strong performance in its equity trading division.
Morgan Stanley reported GAAP EPS of $3.03 and revenue of $20.34 billion for the third quarter, exceeding analyst estimates. Reuters reported that the bank's earnings beat was driven by growth in its wealth management division and strong performance within equity trading operations.
MS closed at $186.64 on October 13, 2026, supported by robust revenue gains in the institutional securities segment. On the same date, GS closed at $891.91 and JPM closed at $331.43, as major banks benefited from sustained momentum in global capital markets.