Goldman Sachs: 60% increase in Q3 net profit
(CercleFinance.com) - Goldman Sachs today unveiled its results for Q3, a period that was marked by sound operational performance and an acceleration of investments in the growth of Goldman Sachs.
The bank reported quarterly net profit of 5.3 billion dollars, up 60% y-o-y (3.3 billion dollars), meaning EPS of 14.93 dollars compared to 8.98 dollars in Q3 2020.
Goldman Sachs also reported a 26% increase in its net banking income to 13.6 billion dollars over the quarter.
9m net banking income was up 42% at 46.7 billion dollars, while net income has more than tripled from 4.9 to 17.7 billion dollars.
The share was up over 2% in pre-market trading today.
Copyright (c) 2021 CercleFinance.com. All rights reserved.
The bank reported quarterly net profit of 5.3 billion dollars, up 60% y-o-y (3.3 billion dollars), meaning EPS of 14.93 dollars compared to 8.98 dollars in Q3 2020.
Goldman Sachs also reported a 26% increase in its net banking income to 13.6 billion dollars over the quarter.
9m net banking income was up 42% at 46.7 billion dollars, while net income has more than tripled from 4.9 to 17.7 billion dollars.
The share was up over 2% in pre-market trading today.
Copyright (c) 2021 CercleFinance.com. All rights reserved.