.Ted Decide On, Chief Executive Officer Morgan Stanley, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 18th, 2024. Adam Galici|CNBCMorgan Stanley stated second-quarter revenue as well as revenue topped analysts' estimates on stronger-than-expected investing and also investment banking results.Here's what the company stated: Revenues: $1.82 a reveal vs. $1.65 a share LSEG estimateRevenue: $15.02 billion vs. $14.3 billion estimateThe financial institution stated earnings climbed 41% coming from the year-earlier period to $3.08 billion, or even $1.82 per share, helped through a rebound in Exchange task. Profits rose 12% to $15.02 billion.Shares of the bank had dropped previously in the treatment after the bank's wealth management department missed out on estimations on a decrease in interest revenue. They were up lower than 1% on Tuesday. Riches control profits rose 2% to $6.79 billion, below the $6.88 billion estimate, and rate of interest income dove 17% coming from a year previously to $1.79 billion.Morgan Stanley pointed out that's because its wealthy customers were actually remaining to move cash money right into higher-yielding properties, thanks to the rate setting, resulting in lower deposit levels.Morgan Stanley capitalists value the more stable nature of the wide range monitoring business versus the less foreseeable attribute of assets banking as well as trading, and also they will would like to hear additional about assumptions for the business going forward.Still, the financial institution gained from its Wall surface Street-centric business version in the one-fourth, as a rebound in trading and also expenditure financial assisted the banking company's institutional safety and securities division make additional income than its riches management apportionment, turning the standard dynamic.Equity trading generated an 18% enter earnings to $3.02 billion, exceeding the StreetAccount price quote through approximately $330 thousand. Preset earnings exchanging earnings rose 16% to $1.99 billion, topping the estimate by $130 million.Investment banking profits rose 51% to $1.62 billion, exceeding the price quote by $220 million, on climbing fixed profit underwriting activity. Morgan Stanley pointed out that was actually largely steered through non-investment-grade providers raising financial obligation." The agency provided yet another strong one-fourth in a boosting resources markets atmosphere," chief executive officer Ted Pick said in the release. "Our experts remain to carry out on our approach and also continue to be effectively positioned to supply development and also long-lasting value for our shareholders." Recently, JPMorgan Hunt, u00c2 Wells Fargou00c2 and also Citigroup each topped desires for earnings as well as earnings, a streak proceeded through Goldman Sachs on Monday, helped through a rebound in Wall Street task.