Have you ever heard of Morgan Stanley (ticker symbol: MS), a U.S. stock?
It is one of the world’s leading global financial institutions.
In this article, I would like to introduce the financial results for the period from April to June 2021, which were announced by the company on July 16, 2021.
Financial Results for April to June 2021
EPS was $1.85 vs. forecast of $1.66.
Sales: $14.76 billion vs. forecast of $13.99 billion.
Sales growth rate was +8.0% YoY.
Return on equity (ROE) was 13.8%. In the same period last year, it was 15.7%.
Tangible book value per share was $40.12. In the same period last year, it was $43.68.