Goldman Sachs: exceeds expectations in Q1
(CercleFinance.com) - Goldman Sachs has reported Q1 2018 net income of 2.
83 billion dollars, or 6.95 dollars per share, compared with a consensus of around 5.50 dollars and EPS of 5.15 dollars per share in the same period of 2017.
The New York investment bank's net revenues increased by a quarter to just over 10 billion dollars, their highest level in three years, with growth in each business segment.
On the strength of these performances, Goldman Sachs' board of directors has decided to raise its dividend per share to 80 cents, from 75 cents previously. It will be paid on 28 June for shareholders registered on 31 May.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
83 billion dollars, or 6.95 dollars per share, compared with a consensus of around 5.50 dollars and EPS of 5.15 dollars per share in the same period of 2017.
The New York investment bank's net revenues increased by a quarter to just over 10 billion dollars, their highest level in three years, with growth in each business segment.
On the strength of these performances, Goldman Sachs' board of directors has decided to raise its dividend per share to 80 cents, from 75 cents previously. It will be paid on 28 June for shareholders registered on 31 May.
Copyright (c) 2018 CercleFinance.com. All rights reserved.