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Morgan Stanley (MS) SEC Filing 10-K Annual report for the fiscal year ending Monday, December 31, 2018

Morgan Stanley

CIK: 895421 Ticker: MS
Exhibit 99.1



Morgan Stanley Reports Fourth Quarter and Full Year 2018




Fourth Quarter Net Revenues of $8.5 Billion1 and Earnings per Diluted Share of $0.80

Record Full Year Net Revenues of $40.1 Billion1 and Net Income of $8.7 Billion; Earnings per Diluted Share of $4.73

Full Year ROE of 11.8% and ROTCE of 13.5%2,3

James P. Gorman, Chairman and Chief Executive Officer, said, “In 2018 we achieved record revenues and earnings, and growth across each of our business segments – despite a challenging fourth quarter.  We delivered higher annual returns, producing an ROE of 11.8% and ROTCE of 13.5%, as we continued to invest in our businesses.  While the global environment remains uncertain, our franchise is strong and we are well positioned to pursue growth opportunities and serve our clients.

The following information was filed by Morgan Stanley (MS) on Thursday, January 17, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Cash Flow Statements
Consolidated Comprehensive Income Statements
Consolidated Income Statements
Consolidated Statements Of Changes In Total Equity
Consolidated Statements Of Changes In Total Equity (Parenthetical)
Borrowings And Other Secured Financings
Borrowings And Other Secured Financings (Failed Sales By Maturity) (Details)
Borrowings And Other Secured Financings (Long-Term Borrowings) (Details)
Borrowings And Other Secured Financings (Maturities And Terms Of Borrowings) (Details)
Borrowings And Other Secured Financings (Maturities And Terms Of Secured Financings) (Details)
Borrowings And Other Secured Financings (Other Secured Financings) (Details)
Borrowings And Other Secured Financings (Rates For Long-Term Borrowings) (Details)
Borrowings And Other Secured Financings (Tables)
Collateralized Transactions
Collateralized Transactions (Assets Loaned Or Pledged) (Details)
Collateralized Transactions (Collateral Received) (Details)
Collateralized Transactions (Concentration Risk) (Details)
Collateralized Transactions (Customer Margin Lending) (Details)
Collateralized Transactions (Gross Secured Financing Balances) (Details)
Collateralized Transactions (Offsetting Of Certain Collateralized Transactions) (Details)
Collateralized Transactions (Restricted Cash And Segregated Securities) (Details)
Collateralized Transactions (Tables)
Commitments, Guarantees And Contingencies
Commitments, Guarantees And Contingencies (Commitments) (Details)
Commitments, Guarantees And Contingencies (Contingencies) (Details)
Commitments, Guarantees And Contingencies (Obligations Under Guarantee Arrangements) (Details)
Commitments, Guarantees And Contingencies (Operating Premises Leases) (Details)
Commitments, Guarantees And Contingencies (Tables)
Deferred Compensation Plans
Deferred Compensation Plans (Annual Compensation Cost For 2018 Performance Year Awards) (Details)
Deferred Compensation Plans (Deferred Cash-Based Compensation Plans) (Details)
Deferred Compensation Plans (Monte Carlo Simulation Assumptions) (Details)
Deferred Compensation Plans (Performance-Based Stock Units) (Details)
Deferred Compensation Plans (Stock-Based Compensation Plans) (Details)
Deferred Compensation Plans (Tables)
Deferred Compensation Plans (Unvested Rsu Activity) (Details)
Deferred Compensation Plans (Vested And Unvested Rsu Activity) (Details)
Deposits
Deposits (Details)
Deposits (Tables)
Derivative Instruments And Hedging Activities
Derivative Instruments And Hedging Activities (Credit Risk-Related Contingencies) (Details)
Derivative Instruments And Hedging Activities (Derivative Fair Values) (Details)
Derivative Instruments And Hedging Activities (Derivative Notionals) (Details)
Derivative Instruments And Hedging Activities (Fair Value (Asset)/Liability Of Credit Protection Sold) (Details)
Derivative Instruments And Hedging Activities (Gains (Losses) On Accounting Hedges And Fair Value Hedges) (Details)
Derivative Instruments And Hedging Activities (Maximum Potential Payout/Notional Of Credit Protection Sold) (Details)
Derivative Instruments And Hedging Activities (Protection Purchased With Cds) (Details)
Derivative Instruments And Hedging Activities (Tables)
Earnings Per Common Share
Earnings Per Common Share (Calculation Of Basic And Diluted Eps) (Details)
Earnings Per Common Share (Tables)
Employee Benefit Plans
Employee Benefit Plans (401(K) And Defined Contribution Pension Plans) (Details)
Employee Benefit Plans (Accumulated Benefit Obligation, And Pension Plans With Benefit Obligations In Excess Of The Fair Value Of Plan Assets) (Details)
Employee Benefit Plans (Assumptions) (Details)
Employee Benefit Plans (Expected Future Benefit Payments) (Details)
Employee Benefit Plans (Fair Value Of Plan Assets) (Details)
Employee Benefit Plans (Net Periodic Benefit Expense (Income)) (Details)
Employee Benefit Plans (Rollforward Of Level 3 Plan Assets) (Details)
Employee Benefit Plans (Rollforward Of The Benefit Obligation And Fair Value Of Plan Assets) (Details)
Employee Benefit Plans (Tables)
Equity Method Investments
Equity Method Investments (Equity Method Investment Balances) (Details)
Equity Method Investments (Investees) (Details)
Equity Method Investments (Tables)
Fair Value Disclosures
Fair Value Disclosures (Assets And Liabilities Measured At Fair Value On A Nonrecurring Basis) (Details)
Fair Value Disclosures (Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Details)
Fair Value Disclosures (Borrowings Measured At Fair Value On A Recurring Basis) (Details)
Fair Value Disclosures (Earnings Impact Of Borrowings Under The Fair Value Option) (Details)
Fair Value Disclosures (Excess Of Contractual Principal Amount Over Fair Value) (Details)
Fair Value Disclosures (Fair Value Loans On Nonaccrual Status) (Details)
Fair Value Disclosures (Financial Instruments Not Measured At Fair Value) (Details)
Fair Value Disclosures (Fund Interests Measured Based On Net Asset Value) (Details)
Fair Value Disclosures (Gains (Losses) Due To Changes In Instrument-Specific Credit Risk) (Details)
Fair Value Disclosures (Rollforward Of Level 3 Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Details)
Fair Value Disclosures (Tables)
Fair Value Disclosures (Valuation Techniques And Sensitivity Of Unobservable Inputs Used In Level 3 Fair Value Measurements) (Details)
Goodwill And Intangible Assets
Goodwill And Intangible Assets (Goodwill Rollforward) (Details)
Goodwill And Intangible Assets (Gross Amortizable Intangible Assets By Type) (Details)
Goodwill And Intangible Assets (Intangible Assets By Business Segment) (Details)
Goodwill And Intangible Assets (Net Amortizable Intangible Assets Rollforward) (Details)
Goodwill And Intangible Assets (Tables)
Income Taxes
Income Taxes (Deferred Tax Assets And Liabilities) (Details)
Income Taxes (Earliest Tax Year Subject To Examination In Major Tax Jurisdictions) (Details)
Income Taxes (Effective Income Tax Rate) (Details)
Income Taxes (Provision For (Benefit From) Income Taxes) (Details)
Income Taxes (Tables)
Income Taxes (Unrecognized Tax Benefits) (Details)
Interest Income And Interest Expense
Interest Income And Interest Expense (Details)
Interest Income And Interest Expense (Tables)
Introduction And Basis Of Presentation
Investment Securities
Investment Securities (Afs And Htm Securities) (Details)
Investment Securities (Gross Realized Gains And Losses On Sales Of Afs Securities) (Details)
Investment Securities (Investment Securities By Contractual Maturity) (Details)
Investment Securities (Investment Securities In An Unrealized Loss Position) (Details)
Investment Securities (Tables)
Loans, Lending Commitments And Allowance For Credit Losses
Loans, Lending Commitments And Allowance For Credit Losses (Allowance For Loan Losses And Lending Commitments Rollforward) (Details)
Loans, Lending Commitments And Allowance For Credit Losses (Employee Loans) (Details)
Loans, Lending Commitments And Allowance For Credit Losses (Impaired Loans And Lending Commitments) (Details)
Loans, Lending Commitments And Allowance For Credit Losses (Loans By Type) (Details)
Loans, Lending Commitments And Allowance For Credit Losses (Tables)
Loans, Lending Commitments And Allowance For Credit Losses (Tdr) (Details)
Parent Company
Parent Company (Condensed Balance Sheets) (Details)
Parent Company (Condensed Cash Flow Statements) (Details)
Parent Company (Condensed Income Statements And Comprehensive Income Statements) (Details)
Parent Company (Guarantees) (Details)
Parent Company (Long-Term Borrowings) (Details)
Parent Company (Tables)
Quarterly Results
Quarterly Results (Change In Revenue) (Details)
Quarterly Results (Tables)
Quarterly Results (Unaudited) (Details)
Quarterly Results (Unaudited) (Subnote) (Details)
Regulatory Requirements
Regulatory Requirements (Capital Measures) (Details)
Regulatory Requirements (Narrative) (Details)
Regulatory Requirements (Restricted Net Assets) (Details)
Regulatory Requirements (Tables)
Regulatory Requirements (U.S. Bank Subsidiaries' Regulatory Capital And Capital Ratios) (Details)
Regulatory Requirements (U.S. Broker-Dealer Regulatory Capital Requirements) (Details)
Segment, Geographic And Revenue Information
Segment, Geographic And Revenue Information (Additional Information - Investment Management) (Details)
Segment, Geographic And Revenue Information (Assets By Business Segment) (Details)
Segment, Geographic And Revenue Information (Change In Revenue) (Details)
Segment, Geographic And Revenue Information (Income By Region) (Details)
Segment, Geographic And Revenue Information (Net Discrete Tax Provision (Benefit) By Segment) (Details)
Segment, Geographic And Revenue Information (Net Revenues By Region) (Details)
Segment, Geographic And Revenue Information (Receivables From Contracts With Customers) (Details)
Segment, Geographic And Revenue Information (Selected Financial Information By Business Segment) (Details)
Segment, Geographic And Revenue Information (Tables)
Segment, Geographic And Revenue Information (Total Assets By Region) (Details)
Segment, Geographic And Revenue Information (Trading Revenues By Product Type) (Details)
Significant Accounting Policies
Significant Accounting Policies (Details)
Significant Accounting Policies (Policy)
Significant Accounting Policies (Tables)
Subsequent Events
Total Equity
Total Equity (Aoci) (Details)
Total Equity (Components Of Period Changes In Oci ) (Details)
Total Equity (Cumulative Adjustments To Retained Earnings) (Details)
Total Equity (Cumulative Foreign Currency Translation Adjustments) (Details)
Total Equity (Dividends And Share Repurchases) (Details)
Total Equity (Preferred Stock Dividends) (Details)
Total Equity (Preferred Stock Issuance Description) (Details)
Total Equity (Preferred Stock Outstanding) (Details)
Total Equity (Rollforward Of Common Stock Outstanding) (Details)
Total Equity (Tables)
Variable Interest Entities And Securitization Activities
Variable Interest Entities And Securitization Activities (Assets And Liabilities By Balance Sheet Caption) (Details)
Variable Interest Entities And Securitization Activities (Assets And Liabilities By Type Of Activity) (Details)
Variable Interest Entities And Securitization Activities (Assets Sold With Retained Exposure) (Details)
Variable Interest Entities And Securitization Activities (Non-Consolidated Vies) (Details)
Variable Interest Entities And Securitization Activities (Proceeds From New Securitization Transactions And Sales Of Loans) (Details)
Variable Interest Entities And Securitization Activities (Tables)
Variable Interest Entities And Securitization Activities (Transfers Of Assets With Continuing Involvement 1) (Details)
Variable Interest Entities And Securitization Activities (Transfers Of Assets With Continuing Involvement 2) (Details)
Ticker: MS
CIK: 895421
Form Type: 10-K Annual Report
Accession Number: 0001193125-19-051943
Submitted to the SEC: Tue Feb 26 2019 4:12:52 PM EST
Accepted by the SEC: Tue Feb 26 2019
Period: Monday, December 31, 2018
Industry: Security Brokers Dealers And Flotation Companies

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