Diluted earnings per share were $33.64 compared to $3.66 a year earlier. The bank’s revenue for the reporting period was $33.092 billion, an increase of 1.5 times.
Goldman Sachs’ net profit attributable to shareholders rose 27 times year on year to $5.347 billion at the end of the second quarter. Diluted earnings per share were $15.02, up from $0.53 a year earlier.
Analysts had expected earnings of $9.96 per share. The bank’s revenue was $15.388 billion (up 16%). Analysts had expected a figure of $12.04 billion.
Goldman Sachs was founded in 1869 in New York. The main activities of the bank are investment banking, stock trading, and asset and securities management.
source: bloomberg.com
