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.
Big Bank earnings coming up: Citi, JPMorgan, Goldman, BofA
JPMorgan Chase (JPM), Goldman Sachs (GS), and Wells Fargo (WFC) report on Wednesday, while Bank of America (BAC) and Morgan Stanley (MS) release results on Thursday. RBC Capital markets analyst Gerard Cassidy joins Seana Smith and Brad Smith to discuss what investors can expect from Big Bank earnings.
Goldman Sachs ( GS 6.02%), and Citigroup ( C 6.49%) were all higher by 5% or more for the day. There are two main reasons why ...
Goldman Sachs Group Inc.'s Chief Executive David Solomon said he's "pleased" with the bank's "strong" results after the investment bank handily topped Wall Street estimates for its fourth-quarter ...
Citi wealth head Andy Sieg told employees that net new investment assets — which surged last year — are the division's "North ...
Among the S&P 500’s eleven sectors, Financials are expected to report the highest year-over-year earnings growth at nearly 40 ...
Goldman Sachs drove $7.73 billion of investment banking revenue in 2024, up 24% from a year earlier, thanks to significantly higher revenue from debt underwriting—primarily from leveraged ...
On Wednesday, Goldman Sachs, JPMorgan, Wells Fargo and Citigroup all posted profits that were better than expected. Similar readings came from others during the week, such as Wells Fargo, Morgan ...
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