Goldman Sachs Group achieved a 94% increase in quarterly profits, driven by a resurgence in its dealmaking activities and continued strength of its trading and underwriting activities.
According to Arabiya Net, the bank’s net profit attributable to ordinary shareholders rose to $ 3.5 billion in the quarter ended September 30 from $ 1.8 billion a year earlier. Earnings per share increased to double at $ 9.68 from $ 4.79 a year ago.
Analysts were expecting an average earnings per share of $ 5.57 per share, based on IPS estimates from Refinitiv.
