Morgan Stanley's beat rounds out a solid quarter for the six major Wall Street banks. Tuesday, Goldman Sachs solidly beat top- and bottom-line expectations; on Monday Bank of America also beat analysts' estimates. Last week, Citigroup posted an earnings beat, Wells Fargo matched earnings estimates and JPMorgan Chase also topped analyst expectations. Morgan Stanley The bank reported compensation has been reduced to $4 billion from $4.4 billion a year ago, reflecting lower revenues. Share prices were up 1.8 percent Wednesday afternoon. Last month, after passing regulators' stress tests, the bank announced it would increase its quarterly dividend to 20 cents a share and announced plans to repurchase shares, to the tune of $3.5 billion.