MS
Morgan Stanley
MS has a slight edge over WSFS overall, supported by stronger modeled upside and stronger valuation.
WSFS
WSFS Financial Corporation
WSFS's outlook is improving, though it still trails on the overall score.
MS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
MS's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like MS.
WSFS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
WSFS's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like WSFS.
MS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $134 | -29% |
| Fair | 14x | $178 | -5.7% |
| Forward | 14x | $189 | — |
| Current | 15x | $189 | — |
| Expensive | 18x | $223 | +18% |
Historical ranges are pointers, not guarantees.
MS's PE is in its fair range at 15x. If earnings grow as analysts expect, today's price would be 14x next year's earnings.
WSFS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9x | $57.28 | -28% |
| Fair | 12x | $75.10 | -6.1% |
| Forward | 12x | $79.94 | — |
| Current | 13x | $79.94 | — |
| Expensive | 14x | $91.62 | +15% |
Historical ranges are pointers, not guarantees.
WSFS has the edge over MS in the historical PE scenario, which offers more potential upside but is not a forecast.
MS Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for MS, with profitability improving.
WSFS Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for WSFS, with profitability improving.
MS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.39 | +6.3% |
| Q3 2026 | $12.60 | +29% |
| Q2 2026 | $12.37 | +40% |
| Q1 2026 | $11.04 | +29% |
| Q4 2025 | $10.21 | +28% |
| Q3 2025 | $9.76 | +48% |
| Q2 2025 | $8.84 | +45% |
| Q1 2025 | $8.53 | +55% |
| Q4 2024 | $7.95 | +53% |
MS has the edge over WSFS on earnings, with more consistent year-over-year improvement.
WSFS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.94 | +9.3% |
| Q3 2026 | $6.35 | +31% |
| Q2 2026 | $5.97 | +31% |
| Q1 2026 | $5.61 | +26% |
| Q4 2025 | $5.09 | +15% |
| Q3 2025 | $4.84 | +11% |
| Q2 2025 | $4.55 | +0.7% |
| Q1 2025 | $4.44 | -0.9% |
| Q4 2024 | $4.41 | +0.2% |
WSFS earned $6.35 per share over the past year, up 31% from the year before.
MS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $20.3B | +12% |
| Q2 2026 | $21.3B | +27% |
| Q1 2026 | $20.6B | +16% |
| Q4 2025 | $17.9B | +10% |
| Q3 2025 | $18.2B | +18% |
| Q2 2025 | $16.8B | +12% |
| Q1 2025 | $17.7B | +17% |
| Q4 2024 | $16.2B | +26% |
MS has the edge over WSFS on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 32% | -1.2 points |
| Q2 2026 | 34% | +6.9 points |
| Q1 2026 | 34% | +2.8 points |
| Q4 2025 | 32% | +2 points |
| Q3 2025 | 33% | +5.6 points |
| Q2 2025 | 28% | +0.4 points |
| Q1 2025 | 31% | +2.2 points |
| Q4 2024 | 30% | +14 points |
MS's operating margin was 32% last quarter, down 1.2 points from the same quarter a year ago.
WSFS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $287.6M | +6.3% |
| Q2 2026 | $282.5M | +5.6% |
| Q1 2026 | $275.3M | +7.5% |
| Q4 2025 | $271.9M | +4% |
| Q3 2025 | $270.5M | +1.1% |
| Q2 2025 | $267.5M | +0.5% |
| Q1 2025 | $256.1M | +2% |
| Q4 2024 | $261.5M | -1.4% |
WSFS's revenue has grown year over year for seven quarters in a row: $288M last quarter, up 6.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 41% | +3.6 points |
| Q2 2026 | 39% | +3.6 points |
| Q1 2026 | 42% | +7.6 points |
| Q4 2025 | 36% | +3.5 points |
| Q3 2025 | 37% | +5.3 points |
| Q2 2025 | 36% | +1.7 points |
| Q1 2025 | 34% | -0.6 points |
| Q4 2024 | 32% | -2.7 points |
WSFS has the edge over MS on profitability, with a higher operating margin.
MS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$46B | -$42.7B |
| Q2 2026 | -$2.7B | -123% |
| Q1 2026 | -$7.1B | +$16.9B |
| Q4 2025 | -$2.4B | -120% |
| Q3 2025 | -$3.3B | +$14B |
| Q2 2025 | $11.8B | +368% |
| Q1 2025 | -$24B | -650% |
| Q4 2024 | $11.8B | +$29.6B |
MS's free cash flow was −$58.3B over the past year, against −$3.7B the year before. Free cash flow isn't a meaningful measure for financial services companies like MS.
WSFS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $163.4M | +36% |
| Q2 2026 | -$14.4M | -141% |
| Q1 2026 | $85.5M | +1254% |
| Q4 2025 | $51.8M | -6.5% |
| Q3 2025 | $120.3M | +$120.8M |
| Q2 2025 | $35.2M | -16% |
| Q1 2025 | $6.3M | -94% |
| Q4 2024 | $55.4M | +$109.6M |
WSFS has the edge over MS on cash generation, producing positive trailing cash flow while its opponent burns cash.
MS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -3M shares |
| 1 year | -1.5% | -24M shares |
| 3 years | -4.7% | -77M shares |
| 5 years | -14% | -246M shares |
| Available history | -4.5% | -74M shares |
MS has 1.6B diluted shares, down 1.5% from a year ago.
WSFS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.6% | -835K shares |
| 1 year | -8.7% | -4.9M shares |
| 3 years | -16% | -9.9M shares |
| 5 years | +7.1% | +3.4M shares |
| Available history | +3.1% | +1.5M shares |
WSFS has the edge over MS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $60.2M |
| Q2 2026 | $66.8M |
| Q1 2026 | $85.8M |
| Q4 2025 | $110.4M |
| Q3 2025 | $47.2M |
| Q2 2025 | $78.4M |
| Q1 2025 | $54.3M |
| Q4 2024 | $21.2M |
WSFS spent $323M buying back its own shares over the past year, up 61% from the year before.
MS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 7.8x | High |
| Q2 2026 | 7.3x | High |
| Q1 2026 | 8.2x | High |
| Q4 2025 | 8.6x | High |
| Q3 2025 | 8.4x | High |
| Q2 2025 | 8.7x | High |
| Q1 2025 | 8.7x | High |
| Q4 2024 | 7.9x | High |
MS's net debt is about 7.8 years of its operating earnings (EBITDA), down from 8.4 years a year ago. Net leverage isn't a meaningful measure for financial services companies like MS.
WSFS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -3.6x | Net Cash |
| Q2 2026 | -4.3x | Net Cash |
| Q1 2026 | -4.2x | Net Cash |
| Q4 2025 | -4.1x | Net Cash |
| Q3 2025 | -3.0x | Net Cash |
| Q2 2025 | -2.3x | Net Cash |
| Q1 2025 | -1.8x | Net Cash |
| Q4 2024 | -3.0x | Net Cash |
WSFS has the edge over MS on leverage, with a lower net debt burden relative to earnings.
MS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.0 | Neutral |
| Stochastic | 18.7 | Oversold |
MS's weekly RSI is 45 (neutral) and its Stochastic is 19 (oversold).
WSFS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.0 | Neutral |
| Stochastic | 55.5 | Neutral |
WSFS's weekly RSI is 62 (neutral) and its Stochastic is 56 (neutral).
MS PE vs Financial Services Sector
| Metric | MS | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 13x | 15% above |
| PE % | 59 | 63 | 4 pts below |
MS is trading at 15x earnings, a 15% premium to the Financial Services sector's median of 13x.
WSFS PE vs Financial Services Sector
| Metric | WSFS | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 13x | 3.3% below |
| PE % | 60 | 63 | 3 pts below |
WSFS has the edge over MS on valuation relative to its sector.
MS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $186.5 | 1.5% above |
| 20 week MA | $203.3 | 6.9% below |
| 50 week MA | $191.9 | 1.4% below |
| 100 week MA | $164.9 | 15% above |
| 200 week MA | $129.3 | 46% above |
MS's trend is mixed: it's above three of its five weekly moving averages, and 46% above its 200-week average.
WSFS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $78.0 | 2.5% above |
| 20 week MA | $78.9 | 1.3% above |
| 50 week MA | $71.0 | 13% above |
| 100 week MA | $62.4 | 28% above |
| 200 week MA | $53.3 | 50% above |
WSFS has the edge over MS on trend strength, trading above more of its moving averages.
MS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $51.1 | $68.1 | +33% |
| 2021 | $68.1 | $99.3 | +46% |
| 2022 | $99.3 | $86.1 | -13% |
| 2023 | $86.1 | $93.3 | +8.3% |
| 2024 | $93.3 | $126.8 | +36% |
| 2025 | $126.8 | $181.9 | +43% |
| 2026 YTD | $181.9 | $189.2 | +4% |
MS has finished higher in five of the last six years. It's up 4% so far in 2026.
WSFS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $43.9 | $44.6 | +1.6% |
| 2021 | $44.6 | $50.5 | +13% |
| 2022 | $50.5 | $45.9 | -9.1% |
| 2023 | $45.9 | $45.9 | +0.2% |
| 2024 | $45.9 | $53.4 | +16% |
| 2025 | $53.4 | $56.9 | +6.6% |
| 2026 YTD | $56.9 | $79.9 | +40% |
WSFS has the edge over MS on returns for 2026, with the stronger performance.