Morgan Stanley (NYSE:MSpA.PFD)
$ 22.91 0.08 (0.35%) Market Cap: - Enterprise Value: 90.07 Bil PE Ratio: 17.90 PB Ratio: 1.77 GF Score: 78/100

Q3 2020 Morgan Stanley Earnings Call Transcript

Oct 15, 2020 / 12:30PM GMT
Release Date Price: $23.98 (+0.04%)
Operator

Good morning. I will be reading a statement on behalf of Morgan Stanley. Today's presentation will refer to Morgan Stanley's earnings release and financial supplement, copies of which are available at morganstanley.com.

Today's presentation may include forward-looking statements that are subject to risks and uncertainties that may cause actual results to differ materially. Please refer to our notices regarding forward-looking statements and non-GAAP measures that appear in the earnings release. This presentation may not be duplicated or reproduced without our consent.

I will now turn the call over to Chairman and Chief Executive Officer, James Gorman.

James Patrick Gorman
Morgan Stanley - Chairman & CEO

Good morning, everyone, and thank you for joining us. For a decade now, we've been rebuilding Morgan Stanley from the depths of the crisis to a firm positioned to withstand whatever comes our way. Our performance this year has validated that approach, and third quarter revenues were $11.7 billion, the second highest quarterly result in

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