Morgan Stanley · NYSE:MS
Morgan Stanley — Debt Investor Presentation (March 2023)
11 slides from Morgan Stanley's debt investor presentation, Mar 3, 2023
Slide 1: Morgan Stanley Fixed Income Investor Presentation
Morgan Stanley Fixed Income Investor Presentation March 3, 2023
Slide 2: Notice
Notice The information provided in this presentation may include certain non-GAAP financial measures. The definition of and/or reconciliation of such measures to the comparable U.S. GAAP figures are included in this presentation, or in the Company’s Annual Report on Form 10-K (‘Form 10-K’), Definiti
Slide 3: Strong Capital Position
Strong Capital Position Net Income(1) ($Bn) Common Equity ($Bn) 92.5 97.7 15.0 91.4 71.7 73.0 11.0 11.0 8.7 9.0 Common Tangible 75.9 72.5 67.1 Equity 62.9 63.8 Common Equity(2) 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 Fully Phased-In Common Equity Tier 1 Ratio (%)(3)(4) Fully Phased-In U.S.
Slide 4: Strong Liquidity Position
Strong Liquidity Position Liquidity Coverage Ratio(1) (%) Average Eligible High Quality Liquid Assets(2) ($Bn) 238 239 195 206 145% 178 134% 129% 134% 132% 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 Average Liquidity Resources(3) ($Bn) Liquidity Resources Composition(3) (%) Average Daily Bala
Slide 5: Diversified and Durable Funding Mix
Diversified and Durable Funding Mix Morgan Stanley Core Funding Core Funding Overview ($Bn) Shareholders’ Deposits Total GAAP 854 895 1,116 1,188 1,180 Equity Assets: 85 86 • Primarily sourced from • Strong capital base 74 Wealth Management • Common stock clients 238 supplemented by $8.8Bn 233 • Sup
Slide 6: Unsecured Borrowings: Diversified and Durable Funding Structure
Unsecured Borrowings: Diversified and Durable Funding Structure Unsecured Debt Issuance and Maturities(1) 2018-2022 Unsecured Debt Issuance (%) ($Bn) By Currency By Tenor 87 2% 74 61 5% 9% 56 6% <3yrs 45 USD 38 38 16% 34% 3-5yrs 35 11% 29 EUR 29 5-7yrs Other 6% 7-10yrs JPY 10-15yrs 76% GBP 20% 15% ≥
Slide 7: High Quality Lending Portfolio with Disciplined Growth
High Quality Lending Portfolio with Disciplined Growth Total Loans and Lending Commitments(1) ($Bn), Net of ACL High Quality Portfolio 359 336 17 290 15 ISG 262 14 >90% 232 146 13 11 98 129 Investment Grade 80 72 and/or Secured of ISG exposure 120 120 107 114 95 62 63 71 76 54 WM >99% 2018 2019 2020
Slide 8: Credit Ratings
Credit Ratings As of March 3, 2023 Moody’s S&P Fitch Morgan Stanley Outlook Stable Stable Stable Long-Term A1 A- A+ Short-Term P-1 A-2 F1 Subordinated Debt Baa1 BBB+ A- Preferred Stock Baa3 BBB- BBB Morgan Stanley Bank, N.A. Outlook Stable Stable Stable Long-Term Aa3 A+ AA- Morgan Stanley Private Ba
Slide 9: End Notes
End Notes This presentation may include certain metrics, including non-GAAP financial measures, which we believe to be useful to us, investors, analysts and other stakeholders by providing further transparency about, or an additional means of assessing, our financial condition and operating results.
Slide 10: End Notes
End Notes These notes refer to the financial metrics presented on Slide 3. 1. Net Income Applicable to Morgan Stanley. 2. Tangible Common Equity (‘TCE’) equals common equity less goodwill and intangible assets net of allowable mortgage servicing rights. TCE is a non-GAAP financial measure that the F
Slide 11: Morgan Stanley Fixed Income Investor Presentation
Morgan Stanley Fixed Income Investor Presentation March 3, 2023
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