Morgan Stanley's second quarter net revenue was $21.35 billion, estimated at $19.58 billion.

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Morgan Stanley’s second-quarter net revenue was $21.35 billion, estimate was $19.58 billion. Morgan Stanley’s second-quarter net interest income was $2.78 billion, estimate was $2.72 billion; second-quarter earnings per share were $3.46.

Second Quarter Results
Equity sales and trading revenue was $6.30 billion, estimate was $4.47 billion (Bloomberg consensus)
Fixed income, currency, and commodities sales and trading revenue was $2.46 billion, estimate was $2.56 billion
Advisory revenue was $798 million, estimate was $772.9 million
Equity underwriting revenue was $851 million, estimate was $676.9 million
Fixed income underwriting revenue was $788 million, estimate was $723.9 million
Earnings per share were $3.46
Non-interest expenses were $13.90 billion, estimate was $13.28 billion
Compensation expenses were $8.19 billion, estimate was $8.15 billion
Non-compensation expenses were $5.72 billion, estimate was $5.11 billion
Return on equity was 20.7%, estimate was 17.4%
Return on tangible equity was 26.6%, estimate was 22.1%
Allowance for bad debts was $98 million, estimate was $76.8 million
Assets under management were $2.00 trillion, estimate was $1.94 trillion

Updating......

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