Morgan Stanley Earnings: Good News and Bad News

Morgan Stanley reported consolidated income applicable to Morgan Stanley of $413 for the fourth quarter of 2009, with earnings of $376 million applicable to common shareholders. For the full year 2009, the firm reported $1.15 billion in consolidated income applicable to Morgan Stanley, but a loss of $907 million applicable the firm's common shareholders.

For the fourth quarter, the firm earned $0.29 per diluted share. For the full year, Morgan Stanley reported net loss of $0.76 per diluted share.

See full release and financial summary, here.

See related Citibank news, here.

See related Bank of America news, here.

Comments? Please send them to Kate McBride is editor in chief of Wealth Manager and a member of The Committee for the Fiduciary Standard.

Reprints Discuss this story