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Goldman Sachs profit surges
Goldman Sachs beats profit estimates as investment banking, trading fuel bumper quarter
Goldman Sachs posted its biggest profit since the third quarter of 2021 to beat Wall Street expectations, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading.
Goldman Sachs Earnings: Profit Surges, Powered by Investment Banking
Goldman Sachs said its profit more than doubled in the fourth quarter, boosted by companies’ growing appetite for dealmaking. Profit jumped 105% to $4.11 billion. That amounted to $11.95 per share, which was far better than the $8.
Goldman Sachs doubles profits as investment bank fees rise
Goldman attributed the quarter's growth to higher net revenues from all its businesses, but particularly from its Global Banking and Markets unit. In the fourth quarter, that department generated $8.48 billion in net revenues, a 33% rise from the same quarter in 2023.
6h
JPMorgan Chase and Goldman Sachs Post Surging Profits
Activity on Wall Street helped buoy the bank’s fourth-quarter earnings.
11h
Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit
JPMorgan, Wells Fargo, Goldman Sachs and Citi are kicking off earnings season on Wednesday with their December-quarter ...
3h
on MSN
Goldman Sachs shares soar on Q4 earnings, CEO sounds caution on Trump tariff and immigration plans
Goldman’s profit roughly doubled in Q4 thanks in large part to surging revenues from deal-making, underwriting, and trading.
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