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MSMORGAN STANLEY
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Form 8-KWednesday, February 11, 2026📈High Impact
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Morgan Stanley Reports CEO Compensation and Strong 2025 Financial Performance

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Summary

Morgan Stanley's Compensation Committee determined 2025 compensation for CEO Edward Pick, based on his outstanding performance and the Firm's exceptional 2025 results. Mr. Pick's compensation was set at $45 million, with 75% deferred over three years and subject to cancellation. For 2025, the Firm achieved record net revenues of $70.6 billion (up approximately 14% year-over-year) and record net income of approximately $16.9 billion, with earnings per share also a record at $10.21. Pre-tax profit reached $22.0 billion, an increase of approximately 25% year-over-year.

Why It Matters

Investors should note the strong 2025 financial performance, including record net revenues, net income, and EPS, alongside a 25% increase in pre-tax profit, which underpinned the determination of CEO Edward Pick's $45 million compensation package.

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Key Quote

The Firm delivered pre-tax profit of $22.0 billion (up approximately 25% year-over-year).

— From Item 8.01

Filing Details

Reported Items

Item 8.01Other Events

Additional Information

CIK Number
0000895421
Filing Date
Wednesday, February 11, 2026
Filing Time
12:00 AM UTC
Form Type
8-K
Materiality Level
high
Sentiment
positive