The adjusted net income for the three months was US$1.7bn, beating estimates of US$1.43bn, while net revenues were US$9.5bn, beating estimates of US$9.24bn.
“Over the course of the full year we achieved the strategic objectives outlined two years ago," said chief executive James Gorman.
US stocks powered to a higher close on Wednesday, and in pre-market, shares were mixed to lower.
Also in focus ahead of the bell was retailer Macy's Inc (NYSE:M), whose shares surged 2.78% to US$26.97.
It came as a regulatory filing showed that Prudential Financial Inc grew its position in the firm by 75.3% in the third quarter.
Fortune 500 group PPG Industries Inc (NYSE:PPG) shed 0.03% to US$114.46 before the bell after it reported its latest quarterly numbers, which showed an EPS (earnings per share) of US$1.19, which was in line with analysts' estimate of $1.19.
Bank of New York Mellon Corp (NYSE:BK) shed 2.40% after hours.
The group reported a 37% rise in fourth-quarter profit on Thursday, benefiting from a one-time gain of US$427mln from President Trump's tax overhaul.