Morgan StanleyThe company will report its third quarter earnings on Thursday before the bell rings.

Here are the expectations of Wall Street:

Earnings are $1.68 per Share, 1.5% better than last year, Refinitiv reports

Revenue: $14Billion. This is 20% more than the previous year

According to StreetAccount, Wealth Management: $6.18 Billion

Trade: Equities, $2.32 Billion; Fixed Income, $1.53 Billion

2.17 Billion in Investment Banking

Morgan Stanley is in a good position at the moment.

While banks from rivals have reported an increase in their profits, slowdownMorgan Stanley had a strong third quarter in fixed income trading revenue. Its strength is, historically, in its equities business, which is the largest in the world.

The investment banking sector has also seen growth. This is due to strong mergers, IPO activity and Morgan Stanley being a major player. Rival advisor JPMorgan ChaseRecord investment banking fees were earned in the third quarter.

The bank’s CEO James Gorman made it a leading money management company through several smart acquisitions. These companies should see a rise in stock values during the quarter.

The shares of the bank rose 44% over the 36% gain of the KBW Bank Index.

JPMorgan beat expectations on Wednesday due to $1.5 billion of higher-than-expected loan losses.

This is a developing story. Keep checking back for more updates.