Morgan Stanley Reports Revenue Growth and Expands Dallas Footprint

Morgan Stanley reported strong third-quarter financial growth, highlighted by an 11.5% year-over-year increase in revenue and an 8.2% rise in diluted earnings per share. The financial services firm increased its dividend payout by 15%, maintaining a long-term average annual dividend growth rate of 23.25% over the last 15 years.

To support operational growth, the company is moving into a large-scale facility in Dallas, occupying hundreds of thousands of square feet of space. The firm also diversified its product suite by introducing low-fee cryptocurrency ETFs designed to attract new investors.